LONDON, Jan. 19, 2015 /PRNewswire/ -- This BCC Research report provides an up-to-date analysis of recent developments and current trends in the global hydraulic pump market. The market is broken down by hydraulic pump types, applications, and regional markets along with revenue forecasts from 2014 to 2019.
Use this report to:
- Analyze recent developments and current trends in the global hydraulic pump market.
- Gain insight into major market drivers of the global hydraulic pump industry.
- Receive information about significant drivers of revenue growth in specific categories for hydraulic pumps.
- Gain information about major players across each of the regional markets for hydraulic pumps.
- BCC Research estimates the global market for hydraulic pumps totalled $7.5 billion in 2013. The market should reach $7.9 billion in 2014 and $10.1 billion in 2019, registering a compound annual growth (CAGR) of 4.9% over the next five years.
- North America is the largest segment of the global market for hydraulic pumps, estimated to reach $2.5 billion in 2014 and $3.2 billion by 2019, increasing at a CAGR of 5% from 2014 through 2019.
- Asia-Pacific as a segment will grow from $2.4 billion in 2014 to nearly $3.1 billion by 2019 at a 5.4% CAGR for the period 2014-2019.
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