World Hydraulic Equipment Market Drivers and Challenges Report 2020

2020 New Market Research Report on Hydraulic Equipment Market now available on RnRMarketResearch.com

The global hydraulic equipment market to grow at a CAGR of 5.25% 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 steps up the operational efficiency of machines. It comprises pumps, motors, valves, and cylinders.

The report covers the present scenario and the growth prospects of the global hydraulic equipment market for 2016-2020. The market size is calculated from revenue generated from sales of hydraulic equipment worldwide.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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The report, Global Hydraulic Equipment Market 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, Daikin Industries, Eaton, Kawasaki Heavy Industries, Parker Hannifin

Other prominent vendors : Bailey International, Dongyang Mechatronics, Feintool International, KYB, Moog, Toshiba Machine, Wipro Infrastructure Engineering

Market driver - Growth in construction industry

Market challenge - High maintenance cost

Market trend - High demand for fire-resistant hydraulic fluids

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...