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Construction Machinery Directional Control Valve Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Construction Machinery Directional Control Valve Market SizeThe global Construction Machinery Directional Control Valve market was valued at US$ 655 million in 2023 and is anticipated to reach US$ 839 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
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A construction machinery directional control valve is a key component in hydraulic systems, used to direct the flow of hydraulic fluid to different parts of the machinery. These valves control the direction, start, stop, and flow rate of the fluid, enabling precise operation of various functions like lifting, lowering, extending, and retracting components in construction equipment.
North American market for Construction Machinery Directional Control Valve is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Construction Machinery Directional Control Valve is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Construction Machinery Directional Control Valve include Bosch Rexroth, Parker Hannifin, Eaton, Danfoss, Kawasaki Heavy Industries, Yuken Kogyo Co., Ltd., Hydac International, HAWE Hydraulik, Bucher Hydraulics, Komatsu, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
By Type
• Monoblock Valves
• Sectional Valves
• Proportional Valves
• Solenoid-Operated Valves
By Application
• Excavator
• Loader
• Road Roller
• Concrete Machinery
• Grader
Key Companies
Bosch Rexroth, Parker Hannifin, Eaton, Danfoss, Kawasaki Heavy Industries, Yuken Kogyo Co., Ltd., Hydac International, HAWE Hydraulik, Bucher Hydraulics, Komatsu, Sun Hydraulics, Husco International, Walvoil, Northman Co., Ltd., Nachi-Fujikoshi Corporation
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