Press release
Hydraulic Tools Market Projected to Reach 2340 Million US$ by 2025| Industry Crucial Players: Actuant, Atlas Copco, SPX Flow, Kudos Mechanical, Greenlee, Lukas Hydraulik, HTL Group
This study focuses on the production side and consumption side of Hydraulic Tools, presents the global Hydraulic Tools market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Hydraulic Tools capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Hydraulic Tools by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Hydraulics is a topic in applied science and engineering dealing with the mechanical properties of liquids or fluids. At a very basic level, hydraulics is the liquid version of pneumatics. Fluid mechanics provides the theoretical foundation for hydraulics, which focuses on the engineering uses of fluid properties. In fluid power, hydraulics are used for the generation, control, and transmission of power by the use of pressurized liquids. Hydraulic topics range through some part of science and most of engineering modules, and cover concepts such as pipe flow, dam design, fluidics and fluid control circuitry, pumps, turbines, hydropower, computational fluid dynamics, flow measurement, river channel behavior and erosion.
A complete Hydraulic Tools System is consisting of five components: hydraulic power units, hydraulic actuating components, hydraulic control components, auxiliary components and hydraulic fluids.
The Major regions to produce hydraulic tools are United States, Europe, China and Taiwan, which accounting for more than 85 % of production value in total. United States is the largest production region (production value share 28.87%).
The market is supplied by a combination of large multinational firms and smaller local companies. The largest producer is Actuate, accounting for 29.86% market share in value in 2015,followed by Atlas Copco, SPX Flow and Kudos Mechanical. The industry competitive landscape is relatively stable. These companies tend to compete against each other globally to supply most of the largest hydraulic tools markets. These leading global firms also face competition from local players.
Along with the development of Chinese domestic Industrial technology, Chinese hydraulic tools have been made a lot of progress, but it also has a long way to be advanced in the world, especially in high-end products. Otherwise, most of Chinese companies are rather small, compared to other countries’ companies in value production.
The application of hydraulic tools is industrial manufacturing, oil, gas & petrochemical, electric utility, railway and other applications. Industrial manufacturing is the major application, which accounting for more than 55% of total consumption. In terms of products, the major market is Hydraulic Cylinder & Jack, which occupy more than 35% of the total market.
The Hydraulic Tools market was valued at 1380 Million US$ in 2017 and is projected to reach 2340 Million US$ by 2025, at a CAGR of 6.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hydraulic Tools.
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This report includes the following manufacturers; we can also add the other companies as you want.
Actuant
Atlas Copco
SPX Flow
Kudos Mechanical
Greenlee
Lukas Hydraulik
HTL Group
Shinn Fu
Hi-Force
Cembre
Wren Hydraulic Equipment
Yindu Hydraulic Tools
Juli Tool
Primo
Powerram
Daejin
Tai Cheng Hydraulic
Racine
Market Segment by Product Type
Hydraulic Cylinder & Jack
Tightening and Loosening Tools
Cutting Tools
Separating Tools
Market Segment by Application
Industrial Manufacturing
Oil, Gas & Petrochemical
Electric Utility
Railway
Others
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