Global Hydraulic Cylinder Market

Hydraulic pumps refer to mechanical device that transforms mechanical energy into hydraulic energy. Initially, the pump's mechanical action induces a vacuum at the intake, allowing air pressure to drive liquid from the reservoir into the inlet line of the pumps. Then, its mechanical action drives this liquid into the hydraulic system by furnishing it to the pump output. The main types of hydraulic pumps include gear pumps, vane pumps, piston pumps, and screw pumps. The gear pumps contain a fixed displacement design and operate by pumping fluid through the systems by means of a prime mover such as an engine or a motor. They are used in mobile and industrial applications in end-use industries ranging from construction, mining, agriculture, machinery, automotive, and others. The hydraulic pumps market research report is one of a series of new reports from The Business Research Company that provides hydraulic pumps market statistics, including hydraulic pumps industry global market size, regional shares, competitors with a hydraulic pumps market share, detailed hydraulic pumps market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic pumps industry. These hydraulic pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global hydraulic pumps market size grew from $9.44 billion in 2022 to $10.02 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The hydraulic pumps market size is expected to grow to $12.24 billion in 2027 at a CAGR of 5.1%. The increase in construction activities is driving the hydraulic pumps market. Hydraulic pumps are widely used in construction equipment such as excavators, cranes, loaders, and other machinery to pull, push or lift heavy loads in day-to-day operational activities. An increase in construction activities across the globe is expected to boost increased demand for hydraulic pumps, as they are primary components in heavy lifting equipment. According to the U.S. Census Bureau report on monthly construction spending in March 2022, the construction investment reached $376.6 billion in the first three months of 2022, which showed a 12.0% increase from $336.3 billion in the same time in 2021. Therefore, the rising construction activities are expected to boost demand for hydraulic pumps during the forecast period. Product innovation is a key trend gaining popularity in the hydraulic pump market. Many companies operating in the hydraulic pump market are developing innovative products with advanced technologies to strengthen their position in the hydraulic pump market. For instance, in April 2021, REHOBOT Hydraulics, a Sweden-based high-pressure hydraulic products manufacturer launched an electric-powered hydraulic pump PME70-2500MRV/VR70, operated according to the hold-to-run principle. PME70-2030ADV and PME70-2030MRV are equipped with foot-actuated pedals for on and off control, unlike others. In May 2022, Pedrollo Group, an Italy-based company specializing in water treatment, energy conversion, and applied technology, acquired Superior Pump for an undisclosed amount. Through this acquisition, the Pedrollo Group is focused on expanding hydraulic pump technology in North America and expand its business presence across the globe. The long-term strategy of this acquisition is to market and launch the Pedrollo brand in the United States and Canada. Superior Pump is a Minnesota-based company specializing in residential/light commercial duty pumps. Major players in the hydraulic pumps market are Kawasaki Heavy Industries, Ltd., Daikin Industries Ltd., CASAPPA S.p.A, Linde Hydraulics, Parker Hannifin Corporation, Oilgear, Eaton Corporation PLC, Dynamatic Technologies Ltd., Danfoss AS, Bucher Industries AG, Bosch Rexroth AG, HYDAC International GmbH, Caterpillar Inc., Roper Pump Company, Viking Pump Inc., Permco, Inc., and KYB Corporation. North America was the largest region in the hydraulic pumps market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the hydraulic pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The hydraulic pumps market consists of sales of rotary vane pumps, bent axis pumps, inline axial piston pumps, radial piston pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hydraulic pumps market is segmented - 1) By Product Type: Gear Pump, Vane Pump, Piston Pump, Screw Pump 2) By Application: Mobile Application, Industrial Application 3) By End User Vertical: Construction, Mining, Agriculture, Machinery, Automotive

Hydraulic fracturing refers to the process of creating fractures in an oil or gas-bearing rock formation by injecting a high-pressure liquid into the wells. In the process, once the wells are drilled, cased, and cemented, small perforations are made throughout the pipe by injecting a fluid mixture, which consists of 90% water, 9.5% sand, and 0.5% additives to create microfractures. The main technologies of hydraulic fracturing include plug & perf and sliding sleeves. The plug and perf refer to a stimulation technique deployed in wells with cemented liners. Plug and perf is the preferred and widely used fracturing method for unconventional wells. Plug-and-perf technique includes pumping down a bridge plug on a wireline with perforating guns to a horizontal location near the toe of the well, then the plug is adjusted, and the zone is perforated. The fluids used in hydraulic fracturing include sickwater-based fluid, foam-based fluid, gelled oil-based fluid, and others. Hydraulic fracturing is used in horizontal wells and vertical wells located on both onshore and offshore locations. The hydraulic fracturing market research report is one of a series of new reports from The Business Research Company that provides hydraulic fracturing market statistics, including the hydraulic fracturing industry global market size, regional shares, competitors with a  hydraulic fracturing market share, detailed hydraulic fracturing market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic fracturing industry. This hydraulic fracturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global hydraulic fracturing market size grew from $36.23 billion in 2022 to $39.61 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hydraulic fracturing market size is expected to grow to $55.01 billion in 2027 at a CAGR of 8.6%. Rising demand for oil and gas from offshore assets is driving the growth of the hydraulic fracturing market. The rising demand for energy worldwide has led oil and gas operators to maximize the value of their existing assets by using more advanced methods such as hydraulic fracturing for oil and gas recovery while extending production and exploration activities to remote and harsher environments. For instance, according to IBEF, an Indian government export promotion agency, in 2021, India's oil demand is projected to rise at the fastest pace in the world to reach 10 million barrels per day by 2030, from 4.9 million barrels per day in 2021. Natural gas consumption has been forecasted to increase at a CAGR of 4.18% to 143.08 million tonnes by 2040, from 58.10 million tonnes in 2018. Therefore, the rising demand for oil and gas from offshore assets will drive the growth of the hydraulic fracturing market. Technological advancement is a key trend gaining popularity in the hydraulic fracturing market. The companies operating in hydraulic fracturing are adopting advanced technologies such as automation, real-time tracking systems, live 3D visualization systems, and other technologies, as they offer efficiency in hydraulic fracturing operations with automated controls and better visibility. For instance, in October 2020, Halliburton, an American multinational corporation actively involved in hydraulic fracturing operations, introduced SmartFleet, the first intelligent automated fracturing system. The automated fracturing system includes automated actions while pumping to improve near-wellbore and far-field fracture placement and directly manage frac hits. SmartFleet gives operators real-time fracture control while pumping the integrating subsurface fracture measurements, live 3D visualization, and real-time fracture commands. In August 2021, NexTier Oilfield Solutions Inc., a Texas-based oilfield service company, acquired Alamo Pressure Pumping, LLC, for approximately $268 million. The acquisition will bring significant opportunities for deploying gas-powered equipment and complementary integrated solutions into the market. Alamo Pressure Pumping, LLC is a Texas-based oil and gas company that provides safe and quality fracturing services. Major players in the hydraulic fracturing market are Halliburton, Schlumberger, Baker Hughes, NexTier Oilfield Solutions, Calfrac Well Service, Trican Well Service, Nine Energy Services, FTS International, U.S. Well Services, Liberty Oilfield Services, ProPetro Holding Corp., Tacrom Services Srl., Weatherford, Basic Energy Services Inc., STEP Energy Services, Petro Welt Technologies AG, and Nabors Industries Ltd. North America was the largest region in the hydraulic fracturing market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic fracturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the hydraulic fracturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The hydraulic fracturing market consists of revenues earned by entities that are engaged in providing services such as preparation, drilling, well completion, production, and well abandonment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hydraulic fracturing market is segmented - 1) By Technology: Plug and Perf, Sliding Sleeve 2) By Fluid Type: Slick Water-based Fluid, Foam-based Fluid, Gelled Oil-based Fluid, Other Fluid Types 3) By Well Type: Horizontal Well, Vertical well 4) By Application: Onshore, Offshore

Hydraulic workover is an intervention technique used for installing or removing tubes (pipes) in and out of dead wells (the well with zero surface pressure). Hydraulic cylinders enable precise control of tubular movements and reduce the need for a huge mast structure found on traditional drilling rigs. The main services in the hydraulic workover unit are workover and snubbing. The snubbing services are used to install or eliminate tubular from a well while the well is pressurized. Snubbing has the advantage of allowing work to be done without dying the well, which eliminates reservoir formation damage and costly stimulation procedures. The various installation types include skid mounted, and trailer mounted and has a capacity in different ranges such as 0-50 tonnes, 51-150 tonnes, and above 150 tonnes. The hydraulic workover unit is used for onshore and offshore applications. The hydraulic workover unit market research report is one of a series of new reports from The Business Research Company that provides hydraulic workover unit market statistics, including hydraulic workover unit industry global market size, regional shares, competitors with a hydraulic workover unit market share, detailed hydraulic workover unit market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic workover unit industry. This hydraulic workover unit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global hydraulic workover unit market size grew from $9.7 billion in 2022 to $10.67 billion in 2023 at a compound annual growth rate (CAGR) of 10.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The hydraulic workover unit market size is expected to grow to $14.25 billion in 2027 at a CAGR of 7.5%. The increasing shale gas production is projected to propel the growth of the hydraulic workover unit market in the coming years. Shale gas is natural gas generated from a type of sedimentary rock called shale that is formed from clastic origins such as sedimentary rock or siltstone. The most adaptable technology available in the upstream oil and gas industry is the snubbing unit, which is a type of hydraulic workover unit. According to the United States Energy Information Administration, shale gas production in the USA is expected to increase from 27.90 trillion cubic feet in 2021 to 32.50 trillion cubic feet by 2025. Therefore, the increasing shale gas production drives the growth of the hydraulic workover unit market. The introduction of multiphase projects is a key trend gaining popularity in the hydraulic workover unit market. Major players operating in the hydraulic workover unit sector are launching multiphase projects in collaboration with technology players to set a new offshore snubbing unit or hydraulic workover world record. For instance, in September 2020, SBS Energy Services (SBS), a US-based provider of snubbing, and hydraulic workover services entered into a strategic partnership with Helix Solutions to complete a multi-phase project that deactivates roughly 29,000 feet of 10 inches by 6 inches insulated pipeline in the Gulf of Mexico. In November 2021, VAALCO Energy Inc., a US-based hydrocarbon exploration company, acquired two hydraulic workovers at Etame field offshore Gabon. The acquisition increased the oil production capability of the company to approximately 1,050 gross barrels crude oil per day. Major players in the hydraulic workover unit market are Archer limited, Basic Energy Services, Inc., Canadian Energy Equipment Manufacturing FZE, Cudd Energy Services, Easternwell Group, Elnusa, Halliburton Company, High Arctic Energy Services Inc., Key Energy Services, LLC, NOV Inc., Precision Drilling Corporation, Superior Energy Services, Inc., Uzma Berhad, Velesto Energy Berhad, and ZYT Petroleum Equipment Co Ltd. North America was the largest region in the hydraulic workover unit market in 2022. The regions covered in the hydraulic workover unit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the hydraulic workover unit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The hydraulic workover unit market consists of sales of standalone, drilling unit, and rig unit. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global hydraulic workover unit market is segmented - 1) By Service: Workover, Snubbing 2) By Installation: Skid Mounted, Trailer Mounted 3) By Capacity: 0-50 tonnes, 51-150 tonnes, Above 150 tonnes 4) By Application: Onshore, Offshore

A totalizing fluid meter and counting device are defined as a device that is used for measuring the linear, nonlinear, mass, or volumetric flow rate of a liquid or a gas. The main types of totalizing fluid meters and counting devices are differential pressure flow meters, positive displacement flow meters, velocity flow meters, mass flow meters, and open channel meters. The volume flow of gases, liquids, and steam is measured using a differential pressure flow meter. They're especially useful in situations involving high pressure, high temperature, or a large diameter. It is applied to onshore and offshore functions and is used by various end-users such as water and wastewater, refining and petrochemicals, oil and gas, chemicals, power generation, pulp and paper, and metals and mining. The totalizing fluid meter and counting device market research report is one of a series of new reports from The Business Research Company that provides totalizing fluid meter and counting device market statistics, including totalizing fluid meter and counting device industry global market size, regional shares, competitors with a totalizing fluid meter and counting device market share, detailed totalizing fluid meter and counting device market segments, market trends and opportunities, and any further data you may need to thrive in the totalizing fluid meter and counting device industry. This totalizing fluid meter and counting device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global totalizing fluid meter and counting device market size will grow from $27.34 billion in 2022 to $29.1 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global totalizing fluid meter and counting device market size is expected to grow to $36.35 billion in 2027 at a CAGR of 5.7%. The increasing demand from automotive manufacturing companies contributed to the market growth of flow meter and counting device manufacturers. Emerging market growth for automotive manufacturing companies was aided by the growing popularity of public transportation and rapid growth in several vehicles. For instance, in 2021, according to the report published by Statistics Canada, a Canada-based national statistical office, 1.6 million new cars were registered in 2021, a 6.5% increase from the previous year. Therefore, the increasing demand from automotive manufacturers is expected to drive the market for flow meters and counting devices such as parking meters, taxi meters, gauges for motor vehicles, and equipment for collecting fares. Rising geopolitical tensions and trade protectionism are expected to hurt the totalizing fluid meter and counting device market during the forecast period. Repercussions of geopolitical tensions included sanctions on Russia, trade protectionism, and heightened military tensions in the Middle East. Many countries placed trade restrictions, especially on imports, to boost local production. For instance, Brexit is likely to lead to more trade restrictions between the UK and other countries in Europe. The US is also implementing several trade restrictions, especially with China, to boost its local production. For instance, the US imposed a 25% tariff on steel and a 10% tariff on aluminum leading to cost inflation for totalizing fluid meters and counting devices. Continued violence and terrorism in the Middle East and other parts globally are also expected to hurt the market. Major companies in the totalizing fluid meter and counting device industry are using smart technology to enhance decisions making abilities and thus drive profits. The companies in this industry use technology to optimize payment methods, and subscription management optimizes enforcement and allows end-user companies to analyze usage. Counting devices such as parking meters have been revolutionized with the advent of smart technologies. Companies such as IPS Group, a US-based company, announced its latest app called Park Smarter. The app allows drivers to connect directly to a physical parking meter with their smartphone and pay through cashless transactions. Other companies such as ParkiFi are also investing in making parking meters "smarter" through the use of big data and sensors. In February 2020, IDEX Corporation, a US-based company operating in the development, design, and manufacture of fluidic systems, acquired Flow Management Devices LLC for a deal of $125 million. Through this acquisition, IDEX Corporation aims to expand its expertise in highly engineered solutions for the energy sector, such as refineries, chemical manufacturing, and pipeline operation. Flow Management Devices, LLC is a company based in the United States that specializes in flow measurement systems that ensure custody transfer accuracy in the oil and gas industry. Major players in the totalizing fluid meter and counting device market are Honeywell International Inc., Emerson Electric Co., General Electric, Siemens, Emerson Electric Co., ABB Group, Badger Meter Inc., Yokogawa Electric, and Badger Meter. Asia-Pacific was the largest region in the totalizing fluid meter and counting device market in 2022. North America was the second-largest region in the global totalizing fluid meter and counting device market. The regions covered in the global totalizing fluid meter and counting device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the totalizing fluid meter and counting device market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The totalizing fluid meter and counting device market consist of sales of gas consumption meters, water consumption meters, parking meters, taxi meters, gauges for motor vehicles and equipment for collecting fare, and other totalizing fluid meter and counting devices. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global totalizing fluid meter and counting device market is segmented - 1) By Type: Differential Pressure Flow Meters, Positive Displacement Flow Meters, Velocity Flow Meters, Mass Flow Meters, Open Channel Meters 2) By Application: On Shore and Off Shore 3) By End-Use Industry: Water & Waste Water, Refining & Petrochemicals, Oil & Gas, Chemicals, Power Generation, Pulp & Paper, Metals & Mining

A machine is an equipment with several moving parts that are mechanically, electrically, or electronically operated to perform a specific task. The main types of machinery are automatic and semi-automatic. Automatic machinery refers to machinery that works automatically without human intervention. The specificities are small, medium, and large. The various applications are automotive, precision engineering, transport, and other applications. The machinery market research report is one of a series of new reports from The Business Research Company that provides machinery market statistics, including machinery industry global market size, regional shares, competitors with a machinery market share, detailed machinery market segments, market trends, and opportunities, and any further data you may need to thrive in the machinery industry. This machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global machinery market grew from $3,542.77 billion in 2022 to $3,810.37 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The machinery market is expected to grow to $4,928.07 billion in 2027 at a CAGR of 6.6%. Rapid advances in technology are expected to drive innovation in machinery manufacturing, thus driving the market during the forecast period. Furthermore, technologies such as 3D printing, artificial intelligence, and big data analytics are being used in manufacturing thus resulting in higher productivity, lower operating costs, and higher margins. For instance, according to a global survey by The Economist Intelligence Unit, about 90% of corporate executives felt that artificial intelligence (AI) will have a positive impact on a company’s growth and 86% of respondents considered that AI will help improve productivity. Lower operating costs lead to higher margins, this allows companies to increase product portfolios and enter new markets by making investments made through cost savings. IoT applications are also being integrated into these devices to enable services such as remote monitoring, and central feedback systems and to offer other services. Mobile applications, advanced sensors, and embedded software also created new opportunities for companies in this market. These factors are expected to drive the machinery manufacturing market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the machinery manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and manufacturing activity declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Machinery manufacturers depend heavily on the supply of raw materials, parts, and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of raw materials and components. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the machinery manufacturing market will recover from the shock across the forecast period as it is a 'black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy. HVAC systems are being integrated with building automation systems for the overall management of a building to maximize energy efficiency. BAS receives analog or digital inputs from the sensors installed in HVAC and the integrated system is managed by a single dashboard accessed from a computer. These integrated systems improve building performance, save energy, and shrink the environmental footprint. HVAC systems account for 60-70% of the total energy consumption of a typical commercial building, thus integrated systems enable commercial establishments to reduce power consumption. For example, advanced BAS technology integrates lighting, water, elevators, security, and HVAC systems into a single automated platform. An integrated lighting and HVAC system automatically controls the lighting and temperature to ideal levels, thus reducing energy consumption and costs. GE and Trane are offering solutions that integrate HVAC with BAS. Major companies in the machinery market include Caterpillar Inc., Deere & Company, Hitachi Ltd., Mitsubishi Heavy Industries Ltd., Komatsu Ltd., Johnson Controls International plc, Gree Electric Appliances Inc., Midea Group co Ltd., Canon Inc., and Tetra Laval International S.A. The Asia-Pacific was the largest region in the machinery market in 2022. Western Europe was the second largest region in the machinery market. The regions covered in the this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the machinery market include Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The machinery market consists of sales of industrial and commercial machinery such as farm machinery and equipment, construction machinery, oil and gas field and underground mining machinery and equipment, food and beverage manufacturing machinery, semiconductor manufacturing machinery, sawmill and woodworking machinery (except handheld), printing and binding machinery and equipment, photographic and photocopying equipment, automatic vending machinery, commercial laundry and dry-cleaning machinery, office machinery, automotive maintenance equipment (except mechanics' hand tools), commercial-type cooking equipment and machinery for making paper products, textiles, plastic products, rubber products and optical instruments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. the value of goods in this market includes related services sold by the creators of the goods. The machinery market is segmented into agriculture, construction, and mining machinery; industrial machinery; commercial and service industry machinery; ventilation, heating, air-conditioning, and commercial refrigeration equipment; metalworking machinery; engine, turbine, and power transmission equipment; and other general purpose machinery. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global machinery market is segmented - 1) By Type: Automatic, Semi-Automatic 2) By Capacity: Small, Medium, Large 3) By Application: Automotive, Precision Engineering, Transport, Other Applications Subsegments Covered: Construction Machinery, Agricultural Implement, Mining And Oil And Gas Field Machinery, Woodworking And Paper Machinery, Other Industrial Machinery, Printing Machinery And Equipment, Semiconductor Machinery, Food Product Machinery, Other Commercial And Service Industry Machinery, Photographic And Photocopying Equipment, Optical Instrument And Lens, HVAC And Commercial And Industrial Refrigeration Equipment, Commercial Fan And Air Purification Equipment, Heating Equipment (except Warm Air Furnaces), Special Die And Tool, Die Set, Jig, And Fixture, Machine Tool, Industrial Mold, Rolling Mill And Other Metalworking Machinery, Cutting Tool And Machine Tool Accessory, Commercial Internal Combustion Engines, Turbine And Turbine Generator Set Units, Mechanical Power Transmission Equipment, Speed Changer, Industrial High-Speed Drive, And Gear

Aircraft hydraulic systems refer to the system that performs the function of moving and actuating landing gears in an aircraft. This helps in creating force and transmitting pressure on every part and helps the aircraft fly high. The aircraft hydraulic systems are used to control and manage equipment such as brakes, flaps, and thrust reversers in air crafts. The main types of aircraft hydraulic systems are open-center and closed-center. The open-center aircraft hydraulic system is used to pump and circulate the fluid from the reservoir to the selector valves and back to the reservoir. It refers to an open center system that helps in fluid flow and has no pressure in the system when the actuating mechanisms are idle. This system may work for any number of subsystems. The various components include reservoirs, pumps, valves, hydraulic fuses, accumulators, actuators, and others. The several fluid types involved are vegetable-based, petroleum-based, and synthetic-based, which have various wing types such as fixed-wing and rotary-wing. They are used by various end-users, such as the air force, commercial and general aviation. The aircraft hydraulic system market research report is one of a series of new reports from The Business Research Company that provides aircraft hydraulic system market statistics, including aircraft hydraulic system industry global market size, regional shares, competitors with an aircraft hydraulic system market share, detailed aircraft hydraulic system market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft hydraulic system industry. This aircraft hydraulic system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global aircraft hydraulic system market size grew from $1.97 billion in 2022 to $2.25 billion in 2023 at a compound annual growth rate (CAGR) of 13.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft hydraulic system market size is expected to grow to $3.55 billion in 2027 at a CAGR of 12.1%. An increase in the usage of larger commercial aircraft is expected to propel the growth of the aircraft hydraulic system market going forward. The term "larger-sized commercial aircraft" refers to aircraft that carry 12,500 pounds. Aircraft hydraulics help to achieve the essential consistency for large-scale aircraft and also lower the cooling cost and increase the load handling capacity. For instance, according to the Bureau of Transportation, a US-based department of transportation, in May 2021, the U.S. airlines carried 607% more scheduled service passengers than in May 2020, and large airlines' passenger travel has increased from 8 million in 2020 to 56.6 million in 2021. Therefore, the increase in usage of larger commercial aircraft is driving the growth of the aircraft hydraulic system market. Technological advancements have emerged as the key trend gaining popularity in the aircraft hydraulic system market. Major companies operating in the market are introducing new technologies to sustain their position in the market. For instance, in August 2020, Greene Tweed, a US-based high-performance seal manufacturer, announced the launch of its new L-Cap seal for hydraulic applications in aerospace. The new L-Cap seal is said to surpass industry standards for performance and durability due to the use of proprietary Avalon PTFE, Arlon PEEK, and elastomer materials. This guarantees a long service life, minimal fluid leakage, and excellent performance over a wide temperature range. Greene Tweed's L-Cap seal, used in crucial flight actuation systems, offers superior fluid sealing in hydraulic cylinders even at very high pressures. In June 2021, Eaton, a US-based power management company, acquired Cobham Mission Systems for an undisclosed amount. Through this acquisition, Eaton's objective is to use power management technology and services to improve people's lives and the environment, while also positioning their aerospace company for the future. Cobham is a UK-based aerospace company that manufactures hydraulic systems. Major players in the aircraft hydraulic system market are Parker Hannifin Corporation, Dynex/Rivett Inc., Liebherr-International AG, Woodward Inc., Triumph Group Inc., Moog Inc., Arkwin Industries Inc., Safran S.A., Hycom Engineering, and Senior Plc. Asia-Pacific was the largest region in the aircraft hydraulic system market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the aircraft hydraulic system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the aircraft hydraulic system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The aircraft hydraulic system market consists of sales of hydraulic pumps for aircraft hydraulic system including gear pumps, variable displacement piston pumps and fixed displacement piston pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.  The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global aircraft hydraulic system market is segmented - 1) By Type: Open-Center, Closed-Center 2) By Component: Reservoirs, Pumps, Valves, Hydraulic Fuses, Accumulators, Actuators, Other Components 3) By Fluid Type: Vegetable-Based, Petroleum-Based, Synthetic-Based 4) By Wing Type: Fixed-Wing, Rotary Wing 5) By End User: Air Force, Commercial and General Aviation

Automotive hydraulic systems refer to power transmission systems that transmit energy or signals through the static or dynamic forces of liquids. This system is considered more accurate than traditional mechanical drive systems because the mechanical system can lose efficiency over time due to friction. These systems use fluids to transfer energy between two points due to the pressure difference. They can store and release energy more efficiently than batteries. The main types of components in the automotive hydraulics system are the master cylinder, slave cylinder, reservoir, and hose. The different vehicle types include passenger cars, light commercial vehicles, and heavy commercial vehicles. Passenger cars use automotive hydraulic systems for a dynamic adjustment in the height of the car. Passenger cars utilize hydraulic braking systems as the most common application of hydraulics. These systems use brake fluid to apply pressure to a braking pad, which then presses against the axel and prevents the car from moving. The various applications include brakes, clutches, suspension, and tappets. The end users are original equipment manufacturers (OEMs) and after-market. The automotive hydraulics system market research report is one of a series of new reports from The Business Research Company that provides automotive hydraulics system market statistics, including automotive hydraulics system industry global market size, regional shares, competitors with an automotive hydraulics system market share, detailed automotive hydraulics system market segments, market trends and opportunities, and any further data you may need to thrive in the automotive hydraulics system industry. This automotive hydraulics system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global automotive hydraulics system market size grew from $37.59 billion in 2022 to $41.51 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive hydraulics system market size is expected to grow to $58.88 billion in 2027 at a CAGR of 9.1%. Increasing vehicle production is expected to propel the growth of the automotive hydraulics system market going forward. A vehicle is referred to as a means of transportation that is used to transport people and goods. Hydraulic systems can store and discharge energy in vehicles that work more efficiently than electric batteries in vehicles. These systems assist the drivers in reducing the steering effort of vehicles. For instance, according to the India Brand Equity Foundation (IBEF), an India-based export promotion agency, in 2022, 22.93 million vehicles will be produced in India. Therefore, increasing vehicle production is driving the growth of the automotive hydraulics system market. Product innovations are the key trends gaining popularity in the automotive hydraulics system market. Major companies operating in this automotive hydraulics systems sector are focused on developing new product innovations for market growth. For instance, in November 2021, Continental, a Germany-based automotive parts manufacturing company, launched MK C2, electro-hydraulic brake systems. The new system is lightweight with a reduced number of components, simple, powerful, and highly cost-optimized and can be integrated into multi-vehicle platforms. It can generate brake pressure whenever the driver assistance system requires pressure within 150 milliseconds. In May 2020, ZF Friedrichshafen AG, a Germany-based car parts manufacturer, acquired WABCO for an undisclosed amount. Through this acquisition, ZF aimed to advance its commercial vehicle technology portfolio. WABCO is a France-based manufacturer of electronic braking, stability, suspension, and transmission automation systems. Major players in the automotive hydraulics system market are JTEKT Corporation, ZF Friedrichshafen AG, Toyota Motor Corporation, Aisin Corporation, Schaeffler Technologies AG & Co. KG, BorgWarner Inc., Robert Bosch GmbH, GKN Ltd., Fte Automotive Group, Continental AG, Warner Electric LLC, Altra Industrial Motion Corp, Dantal Hydraulics Pvt Ltd., RR Parkon LLC, and Brakes India Limited. Asia-Pacific was the largest region in the automotive hydraulics system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive hydraulics system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the automotive hydraulics system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The automotive hydraulic systems market consists of sales of hydraulic pumps, hydraulic motors and cylinders, aviation hydraulic system, open center hydraulic system and closed-loop hydraulic system. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global automotive hydraulics system market is segmented - 1) By Component: Master Cylinder, Slave Cylinder, Reservoir, Hose 2) By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles 3) By Application: Brake, Clutch, Suspension, Tappet 4) By End User: Original Equipment Manufacturer (OEM), After Market

Fluid power equipment refers to industrial machinery or components that use fluids such as liquids or gases to transmit power from one location to another. The fluid power equipment is used to control, generate, and transmit power. They can produce high pressure and high force in compact volumes that can be monitored within a system by meters and gauges. These are used to push, lift, rotate, pull, or grip almost any load. The main types of fluid power equipment are hydraulic and pneumatic hydraulics. Pneumatic hydraulics are fluid power equipment that involves the power transmitted by the controlled circulation of a pressurized fluid, typically a water-soluble oil or water-glycol mixture, to a motor, which converts it into a mechanical output capable of performing work on a load. The different product types include pumps, motors, valves, cylinders, filters, accumulators, and others that are used in various applications such as construction, automotive, oil and gas, food processing, packaging, semiconductors, and others. The fluid power equipment market research report is one of a series of new reports from The Business Research Company that provides fluid power equipment market statistics, including fluid power equipment industry global market size, regional shares, competitors with a fluid power equipment market share, detailed fluid power equipment market segments, market trends and opportunities, and any further data you may need to thrive in the fluid power equipment industry. This fluid power equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global fluid power equipment market size grew from $28.29 billion in 2022 to $30.81 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The fluid power equipment market size is expected to grow to $39.87 billion in 2027 at a CAGR of 6.7%. An increase in demand from the food and beverage industry is significantly contributing to the growth of the fluid power equipment market going forward. The food and beverage industry includes companies that are involved in the processing, packaging, and distribution of food materials and alcoholic and non-alcoholic beverages. Fluid power equipment is used in the food and beverage industry for processing, moving ingredients, and final packaging. For instance, according to Common Thread Collective, a US-based e-commerce growth agency, in 2020, there was a 51.6% year-over-year (YoY) increase in online purchasing of food and a 39.3% year-over-year (YoY) increase in purchasing beverages. Therefore, an increase in demand from the food and beverage industries is driving the growth of the fluid power equipment market. Strategic partnerships and collaborations are the key trends gaining popularity in the fluid power equipment market. Major companies operating in the fluid power equipment sector are focused on partnerships with other companies to increase product portfolio and lead the market. For instance, in June 2022, Bosch Rexroth, a Germany-based engineering firm that provides hydraulic products partnered with AGILOX to open up the market for autonomous mobile robots. This partnership aimed to combine strong products and scale the global presence. AGILOX is an Austria-based automation company. Similarly, in February 2022, Parker Hannifin Corporation, a US-based motion technologies company that develops hydraulic pumps and power systems partnered with Cummins Inc. to add connected engine solutions with Parker’s Mobile IoT platform. This partnership enables customers to receive real-time alerts and access diagnostic messages for Parker components and Cummins engines in a single dashboard. Cummins Inc. is a US-based company that manufactures filtration, engines, and power generation products. In August 2021, Danfoss, a Denmark-based engineering company, acquired Eaton's hydraulics business for a deal amount of $ 3.3 billion. Through this acquisition, Danfoss Group aimed to expand its presence in the mobile and industrial hydraulics sectors and increase its innovation capacity in fluid power hydraulics worldwide. Eaton is an Ireland-based power management company that produces fuel-efficient systems and power chain management tools and components. Major players in the fluid power equipment market are Bosch Rexroth AG, Crane Holdings, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Bucher Hydraulics GmbH, Daikin Industries Ltd., Fluid-Power Equipment Inc., Sparrows Offshore Group Limited, Fluid Systems Inc., Hydac GmbH, Hawe Hydraulik SE, Moog Inc., Casappa S.p.A, Circor International, Flowserve Corporation, Graco Inc., Christian Bürkert GmbH and Co, Dover Corporation, Alfa Laval, Colfax Ltd., and Applied Fluid Power. Asia-Pacific was the largest region in the field power equipment market in 2022. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the fluid power equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the fluid power equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The fluid power equipment market consists of sales of hydraulic filers, gauges, control valves, and tank accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global fluid power equipment market is segmented - 1) By Type: Hydraulic, Pneumatic 2) By Product Types: Pumps, Motors, Valves, Cylinders, Accumulators And Filters, Other Product Types 3) By Application: Construction, Automotive, Oil And Gas, Food Processing, Packaging, Semiconductor, Other Applications