Hydraulic Pumps Market By Product Type (Hydraulic Gear Pumps, Hydraulic Piston Pumps, Hydraulic Vane Pumps), By End-Use Application (Construction And Earth Moving, Oil And Gas, Mining, Agiculture, Manufacturing And Material Handling) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

This report analyzes the global hydraulic pumps market in terms of product type, end-use application, and geography. Based on product type, the global hydraulic pumps market is segregated into gear pumps, piston pumps and vane pumps. Similarly, on the basis of end-use application, the market for hydraulic pumps is further classified into construction and earth moving, oil and gas, mining, agriculture, manufacturing and material handling, and automotive among others. The geographical distribution of the global hydraulic pumps market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Hydraulic Pumps Market

Overview:

Flourishing construction industry post economic recession is identified as the major factor driving hydraulic pumps market. In addition, drive towards industrial automation to reduce lead time, enhance productivity, and conserve energy is also expected to boost demand for hydraulic pumps. These factors are expected to contribute towards a CAGR of 4.5% during the forecast period 2015 – 2022.

Hydraulic Pumps Market

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Hydraulic Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the hydraulic pumps market.

1.1.1   Target Audience

  • Industry Investors
  • Hydraulic  Pumps Manufacturers
  • Hydraulic Equipment Manufacturers
  • Other Component Manufacturers
  • End-users

1.1.2   USP and Key Offerings

The report titled “Global Hydraulic Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global hydraulic pumps market along with the market size and estimates for the duration 2015 to 2022. The said research study covers in-depth analysis of multiple market segments based on product type, end-use application, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the key industry participants, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive sub-markets within the hydraulic pumps market
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global hydraulic pumps market, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

On the basis of end-use application, the global hydraulic pumps market is categorized into following segments:

  • Construction and Earth Moving
  • Oil and Gas
  • Mining
  • Agriculture
  • Manufacturing and Material Handling
  • Others (Automotive, etc.)

The following figure represents contribution of these end-use application segments to the global hydraulic pumps market in 2014 and 2022.

Hydraulic Pumps Market

Hydraulic pumps are used in construction equipment such as excavators, loaders, and earth movers to convert mechanical energy into hydraulic energy and allow fluid to transmit the requisite force throughout the machinery. In the base year of 2015, construction and earth moving was the largest application segment in the hydraulic pumps market. The segment accounted for around one-fourth of the global hydraulic pumps market revenue in the same year. Swift recovery by the construction and real estate industry post economic recession, especially in developed economies and the infrastructural development in Asia Pacific is driving the construction equipment market, which, in turn has positive impact on the demand for hydraulic pumps. Thus, construction and earth moving application segment is presumed to exhibit strong growth over the forecast period 2015 – 2022. On the other hand, manufacturing and material handling segment is poised to witness healthy growth in demand over the forecast period. The drive towards industrial automation to reduce lead time, enhance productivity, and conserve energy is expected to boost demand for industrial and material handling machinery across the globe.

On the basis of geography, the global market for hydraulic pumps is segmented into following regions and countries.

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia Pacific
    • Japan
    • Chin
    • India
    • Australasia
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East
    • Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global hydraulic pumps market in 2015 is as shown in the figure below

Hydraulic Pumps Market

In the base year of 2015, Asia Pacific was the largest hydraulic pumps market in terms of both revenue and unit shipments. China was the largest individual hydraulic pumps market in Asia Pacific followed by India and Japan. Asia Pacific led the global hydraulic pumps market on account of the flourishing construction and real estate industry. The demand for hydraulic pumps in the region is also supported by the growing demand for automation in industrial and agricultural operations. On the other hand, the market for hydraulic pumps in North America and Europe witnessed a gradual slowdown in the beginning of decade on account of unstable economic conditions in these regions. However, with construction industry showing signs of recovery post economic recession, the demand for hydraulic pumps is anticipated to witness upswing. The growth is also supported by the replacement demand for piston and gear pumps.

Choose License Type
Published Date:  Jun 2016
Category:  Automation & Process Control
Report ID:   57888
Report Format:   PDF
Pages:   120
Rating:    4.3 (50)
Connect With Us
+1-408-641-3282
24/7 Research Support