Global Hydraulic Components Market Research Report- Forecast till 2026

Global Hydraulic Components Market Research Report- Forecast till 2026

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The Global Hydraulic Components market is estimated to register a tremendous market expansion during the projected timeframe with its highest CAGR.

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Global Hydraulic Components Market Research Report- Forecast till 2025

Market Synopsis
The Global Hydraulic Components market is estimated to register a tremendous market expansion during the projected timeframe with its highest CAGR. The hydraulic processes are using liquid fuels to transmit power and are preferred over electrical and mechanical systems. Actuators, valves, cylinders, and motors are some of the common hydraulic components used in water pistons, wheelchair lifts, Car braking systems, rudders in boats, wing flaps in aircraft, and many more. These components are easy to control and maintain, easily available, same, and simple to utilize.
The global hydraulic components market is anticipated to witness tremendous market growth in upcoming years owing to the increasing demand for hydraulic equipment in the construction industry and their increasing use in mining equipment. The requirement of expected to boost the installation of hydraulic equipment at construction sites. There are various features and advantages associated with hydraulic components that make them the preferred choice for several end-use applications. However, the rapid adoption of the Industrial Internet of Things (IIoT) in manufacturing hydraulics technology is gaining a lot of importance and expected to create many new opportunities in the future. Additionally, nowadays, automation and artificial intelligence are being adopted by almost every industry, to minimize the human effort and bring modernization to improve the operations and efficiency of products and services. Furthermore, these components are safe to use in the chemical and mining industries because they do not cause sparks. Therefore, the requirement for machine safety and operation enhancement is estimated to drive the surge of the global hydraulic components market during the study period.

Market Segmentation
Global Hydraulic Components Market has been categorized into Product, Application, End-User, and Region. Based on the product, the global market has been segmented into motors, pumps, valves, cylinders, and others. In terms of the application segment, the global market has been bifurcated into industrial and mobile. Depending on the end-user category, the market is classified into construction, agriculture, material handling, automotive, oil & gas, and others.

Regional analysis
Based on region the global hydraulic components market has been segregated into five major regions, namely North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
The Asia-Pacific contributes the largest market of global hydraulic components during the forecast period, because of growing investments of major market players in electronics and other major applications. Additionally, the government bodies are focusing on infrastructural developments, there is immense scope for the growth of the hydraulic components market in Asia-Pacific during the forecast period. However, the rapidly developing countries like India and China are expected to lead the global hydraulic components during the forecast period owing to the less manufacturing costs than the developing countries.
Major Players
The Key Players in the Global Hydraulic Components Market are Eaton Corp. (US), Parker-Hannifin Corporation (US), Caterpillar, Inc. (US), Bosch Rexroth AG (Germany), Pacoma GmbH (Germany), Hydratech Industries (Denmark), and Wipro Enterprises (India), among others.

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

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Table of Contents

TABLE OF CONTENTS 1 EXECUTIVE SUMMARY 14 1.1 MARKET ATTRACTIVENESS ANALYSIS 16 1.1.1 GLOBAL HYDRAULIC COMPONENT MARKET, BY PRODUCT 17 1.1.2 GLOBAL HYDRAULIC COMPONENT MARKET, BY APPLICATION 18 1.1.3 GLOBAL HYDRAULIC COMPONENT MARKET, BY END USER 19 1.1.4 GLOBAL HYDRAULIC COMPONENT MARKET, BY REGION 20 2 MARKET INTRODUCTION 21 2.1 DEFINITIONS 21 2.2 SCOPE OF THE STUDY 21 2.3 RESEARCH OBJECTIVE 21 2.4 MARKET STRUCTURE 22 2.5 KEY BUYING CRITERIA 22 3 RESEARCH METHODOLOGY 23 3.1 RESEARCH PROCESS 23 3.2 PRIMARY RESEARCH 24 3.3 SECONDARY RESEARCH 25 3.4 MARKET SIZE ESTIMATION 26 3.5 FORECAST MODEL 27 3.6 LIST OF ASSUMPTIONS 28 4 MARKET INSIGHTS 29 5 MARKET DYNAMICS 32 5.1 INTRODUCTION 32 5.2 DRIVERS 33 5.2.1 RISING DEMAND FROM CONSTRUCTION AND AVIATION INDUSTRY 33 5.2.2 GROWING USE IN MATERIAL HANDLING EQUIPMENT 33 5.3 RESTRAINTS 34 5.3.1 INCREASED CONCERNS REGARDING OIL LEAKS IN HYDRAULIC SYSTEM 34 5.4 OPPORTUNITIES 34 5.4.1 GROWING FOCUS ON DEVELOPING SMART HYDRAULIC COMPONENTS 34 5.5 TECHNOLOGICAL TRENDS 35 5.5.1 ELECTRO-HYDRAULIC CONTROL FOR HEAVY DUTY VEHICLE 35 5.5.2 ENERGY SAVING HYDRAULIC SYSTEMS 35 5.5.3 HYBRID ACTUATION SYSTEM FOR RENEWABLE ENERGY APPLICATIONS 35 5.6 REGULATORY FRAMEWORK 36 5.7 IMPACT ANALYSIS OF COVID-19 36 5.7.1 IMPACT ON THE HYDRAULIC COMPONENT MARKET 36 5.7.2 IMPACT ON SUPPLY CHAIN OF HYDRAULIC COMPONENT 37 5.7.2.1 PRICE VARIATION OF KEY RAW MATERIALS 37 5.7.2.2 PRODUCTION SHUTDOWN 37 5.7.2.3 CASH FLOW CONSTRAINTS 37 5.7.2.4 IMPACT ON IMPORT/EXPORT 37 6 MARKET FACTOR ANALYSIS 38 6.1 SUPPLY CHAIN ANALYSIS 38 6.1.1 DESIGN & DEVELOPMENT 39 6.1.2 RAW MATERIAL & COMPONENT SUPPLY 39 6.1.3 MANUFACTURE & ASSEMBLY 39 6.1.4 SALES & DISTRIBUTION 39 6.1.5 END USE 39 6.2 PORTER’S FIVE FORCES MODEL 40 6.2.1 THREAT OF NEW ENTRANTS 41 6.2.2 BARGAINING POWER OF SUPPLIERS 41 6.2.3 BARGAINING POWER OF BUYERS 41 6.2.4 THREAT OF SUBSTITUTES 41 6.2.5 INTENSITY OF RIVALRY 41 7 GLOBAL HYDRAULIC COMPONENT MARKET, BY PRODUCT 42 7.1 OVERVIEW 42 7.2 PUMP 43 7.3 MOTOR 43 7.4 VALVE 43 7.5 CYLINDER 43 7.6 OTHERS 44 8 GLOBAL HYDRAULIC COMPONENT MARKET, BY APPLICATION 45 8.1 OVERVIEW 45 8.2 MOBILE 46 8.3 INDUSTRIAL 46 9 GLOBAL HYDRAULIC COMPONENT MARKET, BY END-USE 47 9.1 OVERVIEW 47 9.2 CONSTRUCTION 48 9.3 AGRICULTURE 48 9.4 MATERIAL HANDLING 48 9.5 AUTOMOTIVE 49 9.6 OIL & GAS 49 9.7 OTHERS 49 10 GLOBAL HYDRAULIC COMPONENT MARKET, BY REGION 50 10.1 OVERVIEW 50 10.2 NORTH AMERICA 51 10.2.1 US 53 10.2.2 CANADA 54 10.2.3 MEXICO 56 10.3 EUROPE 58 10.3.1 GERMANY 60 10.3.2 UK 61 10.3.3 FRANCE 62 10.3.4 ITALY 64 10.3.5 SPAIN 65 10.3.6 REST OF EUROPE 67 10.4 ASIA-PACIFIC 69 10.4.1 CHINA 70 10.4.2 INDIA 72 10.4.3 JAPAN 74 10.4.4 SOUTH KOREA 75 10.4.5 REST OF ASIA-PACIFIC 76 10.5 MIDDLE EAST & AFRICA 78 10.5.1 SAUDI ARABIA 80 10.5.2 SOUTH AFRICA 82 10.5.3 UAE 84 10.5.4 REST OF MIDDLE EAST & AFRICA 85 10.6 SOUTH AMERICA 88 10.6.1 BRAZIL 89 10.6.2 ARGENTINA 91 10.6.3 REST OF SOUTH AMERICA 93 11 COMPETITIVE LANDSCAPE 95 11.1 COMPETITIVE OVERVIEW 95 11.2 COMPETITIVE BENCHMARKING 96 11.3 MARKET SHARE ANALYSIS 97 11.4 KEY DEVELOPMENTS AND GROWTH STRATEGIES 97 11.4.1 NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS 97 11.4.2 ACQUISITION AND EXPANSION 99 11.4.3 PARTNERSHIPS AND AGREEMENTS 99 12 COMPANY PROFILES 100 12.1 WEBER HYDRAULIK GMBH 100 12.1.1 COMPANY OVERVIEW 100 12.1.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 100 12.1.3 KEY DEVELOPMENTS 100 12.1.4 KEY STRATEGIES 100 12.2 BOSCH REXROTH AG 101 12.2.1 COMPANY OVERVIEW 101 12.2.2 FINANCIAL OVERVIEW 102 12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 103 12.2.4 KEY DEVELOPMENTS 103 12.2.5 SWOT ANALYSIS 104 12.2.6 KEY STRATEGIES 104 12.3 EATON CORP PLC 105 12.3.1 COMPANY OVERVIEW 105 12.3.2 FINANCIAL OVERVIEW 106 12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 107 12.3.4 KEY DEVELOPMENTS 107 12.3.5 SWOT ANALYSIS 108 12.3.6 KEY STRATEGIES 108 12.4 PACOMA GMBH 109 12.4.1 COMPANY OVERVIEW 109 12.4.2 PRODUCTS OFFERED 109 12.4.3 KEY STRATEGIES 109 12.5 HYDRATECH INDUSTRIES 110 12.5.1 COMPANY OVERVIEW 110 12.5.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 110 12.5.3 KEY STRATEGIES 110 12.6 PARKER HANNIFIN CORPORATION 111 12.6.1 COMPANY OVERVIEW 111 12.6.2 FINANCIAL OVERVIEW 112 12.6.3 PRODUCTS OFFERED 113 12.6.4 KEY DEVELOPMENTS 113 12.6.5 SWOT ANALYSIS 114 12.6.6 KEY STRATEGIES 114 12.7 CATERPILLAR INC 115 12.7.1 COMPANY OVERVIEW 115 12.7.2 FINANCIAL OVERVIEW 116 12.7.3 PRODUCTS OFFERED 117 12.7.4 KEY DEVELOPMENTS 117 12.7.5 SWOT ANALYSIS 118 12.7.6 KEY STRATEGIES 118 12.8 NURMI HYDRAULICS 119 12.8.1 PRODUCTS/SOLUTIONS/SERVICES OFFERED 119 12.8.2 KEY STRATEGIES 119 12.9 LIGON INDUSTRIES, LLC 120 12.9.1 COMPANY OVERVIEW 120 12.9.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 120 12.9.3 KEY STRATEGIES 120 12.10 ENERPAC TOOL GROUP CORP 121 12.10.1 COMPANY OVERVIEW 121 12.10.2 FINANCIAL OVERVIEW 122 12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 123 12.10.4 KEY DEVELOPMENTS 123 12.10.5 SWOT ANALYSIS 124 12.10.6 KEY STRATEGIES 124 12.11 KYB CORPORATION 125 12.11.1 COMPANY OVERVIEW 125 12.11.2 FINANCIAL OVERVIEW 126 12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 127 12.11.4 KEY DEVELOPMENTS 127 12.11.5 SWOT ANALYSIS 128 12.11.6 KEY STRATEGIES 128 12.12 CHANGJIANG HYDRAULIC 129 12.12.1 COMPANY OVERVIEW 129 12.12.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 129 12.12.3 KEY STRATEGIES 129 12.13 WIPRO ENTERPRISES PRIVATE LIMITED 130 12.13.1 COMPANY OVERVIEW 130 12.13.2 FINANCIAL OVERVIEW 131 12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 132 12.13.4 KEY DEVELOPMENTS 132 12.13.5 SWOT ANALYSIS 133 12.13.6 KEY STRATEGIES 133 12.14 DY POWER CORP 134 12.14.1 COMPANY OVERVIEW 134 12.14.2 FINANCIAL OVERVIEW 135 12.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 136 12.14.4 SWOT ANALYSIS 136 12.14.5 KEY STRATEGIES 136 12.15 ASO H&P 137 12.15.1 COMPANY OVERVIEW 137 12.15.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 137

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