Global hydraulic industry
From the perspective of representative companies in the hydraulic industry around the world, the supply of products in the global hydraulic industry is relatively sufficient. There are many large and excellent hydraulic product companies in Europe, the United States and Japan.
In 2022, the global hydraulic industry market exceeded 65 billion US dollars
The global hydraulic industry has been developing well in recent years. The growth potential of the construction industry, increasing demand for material handling equipment, and expansion of projects are the main factors driving the growth of the hydraulic market.
The market size of the global hydraulic industry is expected to reach 83.6 billion US dollars in 2028
With the progress of global industrialization and the popularization of hydraulic power machinery in construction machinery, machine manufacturing and other fields, the global hydraulic industry has gradually developed and expanded. According to the forward-looking forecast, by 2028, the market size of the global hydraulic industry is expected to reach 83.6 billion US dollars. At present, the development trend of the global hydraulic industry is mainly intelligence, miniaturization and high production concentration.