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Global Hydraulic Pumps Market by Product Type, Industry and Region - Forecast to 2023: High Cost of Manufacturing is Restraining Growth - ResearchAndMarkets.com

17 December 2018

DUBLIN--(BUSINESS WIRE)-- The "Global Hydraulic Pumps Market - by Product Type, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

The global hydraulic pumps market is forecasted to reach 11.1 billion USD by 2023 from 8.85 billion USD in 2017 with a CAGR of 3.85% during the period.

Increase in construction activities, rising sales of automobiles and increasing application in the mining industry are major factors driving the market. Government regulations focused towards reduction of CO2 emission and increased awareness about energy saving is also driving the growth of the market. However, high cost of manufacturing is the major factor restraining the market.

North America dominated the market owing to growing agricultural and construction industries. Asia-Pacific will be fastest growing region due to developing industrial infrastructure.

Industry Trends and Updates

  • Kawasaki Precision Machinery at Hannover Messe highlighted the electro-hydraulic hybrid system, Kawasaki Eco Servo, for industrial applications. This new system combined the best Kawasaki technology to bring excellent controllability and high efficiency to applications, such as press machines, injection moulding machines, and steel manufacturing.
  • Eaton Corporation Plc. signed an agreement with Doosan Corporation Mottrol to supply hydraulic pumps for South Korea's domestically manufactured aircraft KF-X Fighter.

Companies Profiled

  • Bosch Rexroth
  • Eaton
  • Danfoss
  • Parker Hannifin
  • Actutant
  • Bailey
  • Linde Hydraulics
  • Dynamatic
  • Hydac
  • Toshiba
  • Daikin
  • Feintool
  • Kawasaki
  • KYB Corporation
  • Moog
  • and more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Hydraulic Pumps Market Segmentation, Forecasts and Trends - by Product Type

6. Global Hydraulic Pumps Market Segmentation, Forecasts and Trends - by Industry

7. Global Hydraulic Pumps Market Segmentation, Forecasts and Trends - by Region

8. Company Market Share Analysis

9. Company Profiles

10. Industry Structure

11. Global Hydraulic Pumps Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/7z7sk4/global_hydraulic?w=4