Hydraulic Equipment Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global hydraulic equipment market is
estimated to grow at a CAGR of 4.3% during the forecast period. Trend towards
e-commerce sales have been witnessed in the market. For instance, in October
2020, Bosch Rexroth introduced a new e-commerce portal which is designed to
offer the easiest access to opted authorized Bosch Rexroth products. This
e-commerce portal named BuyRexroth.com offers the easiest access to selected
Rexroth factory automation and hydraulic components. This platform features
same-day shipping, user-friendly search options, and offers bought by credit
card facility. This portal is intended to streamline the purchase of a
comprehensive series of Rexroth components that are in-demand, which includes
linear motion technology, mobile, and industrial hydraulics, and electric
drives and controls products. It offers real-time inventory for instant
purchase.
A full report of Hydraulic Equipment Market is
available at: https://www.omrglobal.com/industry-reports/hydraulic-equipment-market
Some products that are available on the
platform comprise fixed- and variable-displacement pumps and pressure- and
directional control valves for industrial hydraulics applications. It includes
a comprehensive range of hydraulic motors and axial piston pumps for mobile
equipment and power supplies, servo drives, HMIs, I/O modules, and other
electric drive and control products from the Automation and Electrification
portfolio of Bosch Rexroth. The easier availability of hydraulic components at
e-commerce websites will facilitate end-user industries to opt for better
models and get several benefits.
To
learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/hydraulic-equipment-market
Scope
of the Global Hydraulic Equipment Market
Market
Coverage
·
Market number available for 2019-2026
·
Base year- 2019
·
Forecast period- 2020-2026
·
Segment Covered- By Type, Product, and End-User
Industry
·
Regions Covered- North America, Europe,
Asia-Pacific, and Rest of the World
·
Competitive Landscape- Komatsu Ltd. Bosch
Rexroth AG, Danfoss A/S, Kawasaki Heavy Industries, Ltd., and Parker-Hannifin
Corp.
Recent
Strategic Initiatives in the Global Hydraulic Equipment Market
·
In January 2020, Danfoss signed an agreement to
acquire Eaton’s Hydraulics business for $3.3 billion. This acquisition is
completely in line with the strategy of Danfoss to reinforce its core
businesses and increase customer value. The combined business will be
beneficial for both distributors and customers by providing industry-leading
technology and a much comprehensive portfolio of hydraulic solutions.
·
In December 2019, Eaton Corp. launched four new
hydraulics products for the Indian market, which includes Steering unit 5SQ,
Eaton Spiral hose EC640, X70 closed-circuit piston, and plug-in motor, and Cast
Iron piston motor 743XX. These new products are designed to offer end-users and
customers reliable, robust, and efficient management of power for applications
that require higher pressure and operate under arduous conditions.
Key
questions addressed by the report
·
What is the market growth rate?
·
Which segment/region dominates the market in the
base year?
·
Which segment/region will project the fastest
growth in the market?
·
How COVID-19 impacted the market?
o Recovery
Timeline
o Deviation
from the pre-COVID forecast
o Most
affected region/segment
·
Who is the leader in the market?
·
How players are addressing challenges to sustain
growth?
·
Where is the investment opportunity?
Global
Hydraulic Equipment Market-Segmentation
By
Type
·
Mobile Hydraulics
·
Industrial Hydraulics
By Product
·
Motors and Pumps
·
Valves
·
Cylinders
·
Others
By
End-User Industry
·
Construction and Mining
·
Agriculture
·
Oil and Gas
·
Automotive
·
Aerospace and Defense
·
Others
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customization @ https://www.omrglobal.com/report-customization/hydraulic-equipment-market
Hydraulic Equipment Market– Segment by Region
North America
·
United States
·
Canada
Europe
·
Germany
·
United Kingdom
·
France
·
Spain
·
Italy
·
Rest of Europe
Asia-Pacific
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Rest of the World
·
Middle East &
Africa
·
Latin America
Company Profiles
·
AeroControlex Group
Inc. (US)
·
Anker-Holth USA
·
Bucher Hydraulics GmbH
(Germany)
·
Caterpillar Inc.
(US)
·
Daikin Industries,
Ltd. (Japan)
·
Delta Power Co.
(US)
·
Emerson Electric
Co. (US)
·
Essem Engineers
(India)
·
HAWE Hydraulics
Pvt. Ltd. (India)
·
HYDAC Verwaltung
GmbH (Germany)
·
Ingersoll Rand,
Inc. (US)
·
KYB Corp. (Japan)
·
Linde Hydraulics
GmbH & Co. KG(Germany)
·
Metro Hydraulic
Jack Co. (US)
·
Monnier Inc. (US)
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