Key Market Dynamics:
- Market Driver
- Market Challenges
Growing E-commerce industry is identified as the key driver for the hydraulic equipment market. However, the volatility of manufacturing costs may hamper the market.
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The hydraulic equipment market is segmented by Component (pump and motor, valve, cylinder, accumulator and filter, and others), Application (mobile and industrial), and Geography (APAC, North America, Europe, MEA, and South America). Factors such as the increase in industrialization and the significant production of automobiles and industrial machinery are accelerating the hydraulic equipment market growth in APAC.
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Companies Mentioned
- Daikin Industries Ltd.
- Emerson Electric Co.
- Kawasaki Heavy Industries Ltd.
- Komatsu Ltd.
- Parker Hannifin Corp.
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Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Application
- Market Segmentation by Component
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
Related Reports:
Hydraulic Press Machine Market by End-user and Geography - Forecast and Analysis 2021-2025
Hydraulic Equipment Market for Mobile Applications by Product and Geography - Forecast and Analysis 2021-2025
Scope of Hydraulic Equipment Market Report:
Report coverage |
Details |
Base Year |
2020 |
Forecast Period |
2021-2025 |
Incremental Growth |
$ 15.50 billion |
CAGR |
Accelerating at 4.71% |
No. of Pages |
120 |
Segmentation |
By Geography-
- APAC
- Europe
- North America
- South America
- MEA
By Component-
- Pump and motor
- Valve
- Cylinder
- Accumulator and filter
- Others
By Application-
|
Drivers |
- Growing e-commerce industry
- Growth of construction sector
- Growing demand from end-user industries
|
Challenges |
- Volatility of manufacturing cost
- Increasing replacement of hydraulic tools with electric and pneumatic tools
- Growth of global second-hand machine market
|
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SOURCE Technavio
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