Press release
At A CAGR Of 6.38% Global Hydraulic Equipment Market For Mobile Applications Will Grow During The Period 2016-2020
Hydraulic equipment uses pressurized fluid to perform various machinery operations. Different types of fluids, including synthetic fire-resistant, phosphate ester fire-resistant, and petroleum-based fluids are used in hydraulic equipment. An engine is used to drive the pump to pressurize the hydraulic fluid. Hydraulic equipment is used in various mobile applications such as the automotive, construction, agriculture, aerospace, and marine industries.
Technavios analysts forecast the global hydraulic equipment market for mobile applications to grow at a CAGR of 6.38% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global hydraulic equipment market for mobile applications for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of hydraulic equipment.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavio's report, Global Hydraulic Equipment Market for Mobile Applications 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bosch Rexroth
Eaton
Kawasaki Heavy Industries
Parker Hannifin
Other prominent vendors
Brevini Fluid Power
Dongyang Mechatronics,
Moog
WEBER-HYDRAULIK
Wipro Infrastructure Engineering
Market driver
Mechanization of agriculture and growth in agriculture machinery market
For a full, detailed list, view our report
Market challenge
Rising preference for pneumatic equipment
For a full, detailed list, view our report
Market trend
Rising demand for fire-resistant hydraulic fluids
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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