What is Global Mobile Hydraulic Equipment Market?
The Global Mobile Hydraulic Equipment Market is a vast and dynamic sector that encompasses a wide range of hydraulic equipment used in mobile applications. This market includes various types of hydraulic equipment such as hydraulic pumps, valves, cylinders, motors, and others. These pieces of equipment are essential components in many industries, including construction, mining, agriculture, and manufacturing, among others. They are used to convert mechanical power into hydraulic energy, control the flow and direction of hydraulic fluid, and provide the force and motion needed for various applications. The global market for these equipment is driven by several factors, including the increasing demand for efficient and reliable hydraulic systems in various industries, advancements in hydraulic technology, and the growing need for energy-efficient equipment. However, the market also faces several challenges, such as the high cost of hydraulic equipment and the need for regular maintenance and replacement of parts. Despite these challenges, the market is expected to grow steadily over the forecast period, driven by the increasing adoption of hydraulic equipment in emerging markets and the ongoing technological advancements in the field.
Hydraulic Pumps, Hydraulic Valves, Hydraulic Cylinders, Hydraulic Motors, Others in the Global Mobile Hydraulic Equipment Market:
The Global Mobile Hydraulic Equipment Market is not just limited to the manufacturing sector. It has a wide range of applications in various fields, including hydraulic excavators, hydraulic cranes, hydraulic tractors, mobile hydraulic loaders, and mobile hydraulic ships. Hydraulic excavators, for instance, are widely used in the construction and mining industries for digging and moving large amounts of earth. Hydraulic cranes, on the other hand, are used in various industries for lifting and moving heavy objects. Hydraulic tractors are used in the agriculture sector for various tasks, including plowing, tilling, and harvesting. Mobile hydraulic loaders are used in various industries for loading and unloading materials, while mobile hydraulic ships are used in the maritime industry for various tasks, including cargo handling and ship maintenance. The wide range of applications of these equipment in various industries is a testament to their versatility and efficiency.
Hydraulic Excavators, Hydraulic Cranes, Hydraulic Tractors, Mobile Hydraulic Loader, Mobile Hydraulic Ship in the Global Mobile Hydraulic Equipment Market:
The global Mobile Hydraulic Equipment market, valued at US$ 21440 million in 2022, is expected to reach US$ 28410 million by 2029, growing at a CAGR of 4.8% during the forecast period 2023-2029. The market is dominated by the top 5 players, who accounted for about 32% of the global revenue in 2019. The largest sales market share is held by Asia-Pacific, with nearly 55% in 2019, followed by Europe and North America with about 21% and 17% respectively. The rest of the world holds a smaller market share. The product type that is projected to account for the largest revenue market is Hydraulic Pumps, with about 23% share in 2019 in terms of revenue. In terms of applications, the Hydraulic Excavators segment was estimated to account for the highest market share of nearly 31% in 2019 in terms of revenue.
| Report Metric | Details |
| Report Name | Mobile Hydraulic Equipment Market |
| Accounted market size in 2022 | US$ 21440 in million |
| Forecasted market size in 2029 | US$ 28410 million |
| CAGR | 4.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Bosch Rexroth, Eaton, Parker Hannifin, Kawasaki, KYB, Komatsu, Hydac International, Caterpillar, Danfoss, Hengli Hydraulic, Dana Brevini Fluid Power, Nachi-Fujikoshi, Bucher Hydraulics, Wipro Infrastructure Engineering, DY Corporation, XCMG, Doosan Mottrol, Sany Zhongxing, WEBER-HYDRAULIK, Linde Hydraulics, Ligon Industries, Hawe Hydraulik, Casappa, Liebherr, Pacoma Gmbh, Yuken |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
