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Hydraulic Tools Market by Product Type, End User, Manufacturer, Sales and Forecast To 2025

04-15-2019 12:10 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Analytics
Hydraulic Tools Market

Hydraulic Tools Market

Hydraulic tools are a hand-operated machine with a hydraulic drive. They are employed for various operations such as tightening threaded joints and pressing in & out parts. In this type of tools, hydraulic fluid is transmitted to various hydraulic cylinders and are pressurized according to the resistance present. The fluid is controlled by control valves and distributed through hoses & tubes.

They are constructed with simple machines such as piston, rotary, screw, and other. There are tools that have a reciprocating action from piston drives, such as hydraulic nut wrenches. The advantage of using hydraulic tools over pneumatic & electrical tools is the possibility of obtaining considerably greater force or torque with tools of a similar size. In addition, hydraulic tools can operate at pressures ten times higher than the pneumatic drive.

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The market for hydraulic tools is driven by rapid construction activities in developing countries. Moreover, growth of the automotive industry such as aerospace, passenger cars, light trucks, and light commercial vehicles have generated a strong demand for hydraulic tools. Other industries such as manufacturing and oil & gas will also subsequently lead to the growth of the hydraulic tools market.

The hydraulic tools market is segmented based on product type, end users, and geography. Based on product type, the market is segmented into hydraulic cylinder & jack, tightening & loosening tools, and cutting tools & separating tools. Based on end users the market is segmented into industrial manufacturing, oil, gas & petrochemical, electric utility, railway, and others. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, and LAMEA.

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Key players that operate in the market include Actuant Corporation, Atlas Copco AB, SPX Flow, KUDOS MECHANICAL CO., LTD., Textron Inc., IDEX Corporation, HTL Worldwide Ltd., Shinn Fu, Hi-Force, and Cembre Inc.

Key Benefits

The report provides an in-depth analysis of the hydraulic tools industry to identify potential investment pockets.
The key drivers, restraints, and opportunities along with their detailed impact analyses have been elucidated.
Porters five forces model helps in analyzing potential buyers & suppliers and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.

Hydraulic Tools Market Key Segments:
By Product
Hydraulic Cylinder & Jack
Tightening & Loosening Tools
Cutting Tools & Separating Tools

By End-user Industry
Industrial Manufacturing
Oil, Gas & Petrochemical
Electric Utility
Railway
Others

By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
The Middle East
Africa

Key Market Players

Actuant Corporation
Atlas Copco AB
SPX Flow
KUDOS MECHANICAL CO., LTD.
Textron Inc.
IDEX Corporation
HTL Worldwide Ltd
Shinn Fu
Hi-Force
Cembre Inc.

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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