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Hydraulic Power Unit Market 2023-2032 Production Analysis, Global Outlook, Future Growth And Major Players | Brevini Fluid Power SpA, Bosch Rexroth AG, Nachi-Fujikoshi Corp., Weber Hydraulik GmbH, Parker Hannifin Corporation
Hydraulic Power Unit Market
The Business Research Company's Hydraulic Power Unit Global Market Report 2023 identifies rising infrastructure development as the major driver for the Hydraulic Power Unit Market's growth in the forecast period. Infrastructure development means improving the standard of the numerous infrastructure elements, including roads, power, ICT, water, and sanitation also improving the growth, output, and standard of living. In infrastructure development, hydraulics is influencing both river flows and sediment fluxes significantly.
The global hydraulic power unit market size is expected to grow from $6.31 billion in 2022 to $6.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global hydraulic power unit market size is expected to reach $8.56 billion in 2027 at a CAGR of 6.1%.
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Major competitors in the hydraulic power unit market are Brevini Fluid Power SpA, Bosch Rexroth AG, Nachi-Fujikoshi Corp., Weber Hydraulik GmbH, Parker Hannifin Corporation, Hydac International GmbH, Eaton Corporation, Hydro-tek Co Ltd., Bailey International LLC, Dynex Semiconductor Ltd., ICS Blount Inc., Husqvarna Motorcycles, Atlas Copco Group, Hydra Products Ltd., and Poclain Hydraulics Private Limited.
A key trend in the Hydraulic Power Unit Market includes Technological innovations. Major companies operating in the hydraulic power unit market are adopting new technologies to sustain their position in the market. For instance, in March 2021, Terzo power systems, a US-based machinery manufacturing company, launched hydra pulse electrified technology. The Hydra pulse is an integrated power-on-demand hydraulic power unit with built-in intelligence. It is a whole electrohydraulic system. Its revolutionary design, small, compact size, and electronically controlled motor and pump assembly make it the industry leader in hydraulic performance.
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The Hydraulic Power Unit Market is segmented -
By Type: Gas Hydraulic Power Unit, Electric Hydraulic Power Unit
By Component: Hydraulic Motors, Hydraulic Pumps, Accumulators, Accessories
By Pressure Rating Type: 0-750 PSI, 750-2000 PSI, 2000-3000 PSI, >3000 PSI
By Application: Civil Engineering Projects, Automotive Industry, Energy Industry, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Hydraulic Power Unit Market.
The Business Research Company's "Global Hydraulic Power Unit Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Hydraulic Power Unit Market Include:
1. Executive Summary
2. Hydraulic Power Unit Market Characteristics
3. Hydraulic Power Unit Market Trends And Strategies
4. Hydraulic Power Unit Market - Macro Economic Scenario
5. Hydraulic Power Unit Market Size And Growth
……
26. Africa Hydraulic Power Unit Market
27. Hydraulic Power Unit Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydraulic Power Unit Market
29. Hydraulic Power Unit Market Future Outlook and Potential Analysis
30. Appendix
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