Hydraulic Workover Unit Global Market Report 2023 – By Service (Workover, Snubbing), By Installation (Skid Mounted, Trailer Mounted), By Capacity (0 50 tonnes, 51 150 tonnes, Above 150 tonnes), By Application (Onshore, Offshore) – Market Size, Trends, And Global Forecast 2023-2032

Geotechnical services are a branch of civil engineering services and are employed in designing infrastructure such as bridges, tunnels, and other onshore and offshore structures as construction support by investigating the soil, rock, fault distribution, and bedrock properties. The main types of products in geotechnical services are underground city space engineering, slope and excavation engineering, and ground and foundation engineering. Slope and excavation engineering are used in designing stable and long-lasting slope and excavation support systems. It helps in understanding how soft soils and hard rock respond to excavation to provide a full range of slope stability and support-of-excavation solutions, from the construction of support designs for new slopes or excavations to the design of slope instabilities or post-slope failure remedial methods. The different networking technologies include wired, and wireless and are used in various applications such as municipal engineering, hydraulic engineering, bridge and tunnel engineering, mining engineering, marine engineering, national defense engineering, building construction, and others. The global geotechnical services market is segmented - 1) By Product Type: Underground City Space Engineering, Slope And Excavation Engineering, Ground And Foundation Engineering 2) By Networking Technology: Wired, Wireless 3) By Application: Municipal Engineering, Hydraulic Engineering, Bridge And Tunnel Engineering, Mining Engineering, Marine Engineering, National Defense Engineering, Building Construction, Other Applications The global geotechnical services market size will grow from $2.08 billion in 2022 to $2.22 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 market size of the global geotechnical services is expected to grow to $2.71 billion in 2027 at a CAGR of 5.1%. The rising investments in wind energy are expected to propel the growth of the geotechnical services market going forward. The technique of using the wind to generate mechanical power or electricity is referred to as wind energy. It necessitates the use of particularly tailored geotechnical exploration and data analysis approaches to managing risks at various phases of project development. For instance, according to the U.S. Department of Energy, wind energy accounted for $24.6 billion of investment in 2020 in the USA. The offshore wind pipeline in the United States rose by 24% year over year, with 35,324 MW at various phases of development. Therefore, the rising investment in wind energy is driving the growth of the geotechnical services market. Major players in the geotechnical services market are AECOM, AMEC Engineering, Arup Group, Bechtel Group, CH2M HILL, Fugro, Gardline Limited, Geoquip Marine Group, HDR Inc., Jacobs Engineering Group, Kiewit Corporation, Stantec, Tetra Tech, Turner Construction, and WSP Global. Technological advancement is a key trend gaining popularity in the geotechnical services market. Technological advancement is a discovery of knowledge that advances technology. In July 2021, Ryder Geotechnical Limited, a UK-based geotechnical services provider launched its new geotechnical data analysis solution Hadrian Cloud Services. Hadrian is an analytical and visualization tool that allows users to easily interact and interrogate geotechnical data and provide detailed design. It also offers hassle-free geotechnical insight via intuitive controls, speed-ups the responsive data-driven design decisions, and helps streamline the offshore construction project. In July 2021, Universal Engineering Sciences (UES), a US-based engineering and consulting company specializing in geotechnical engineering, construction materials testing, building code compliance, threshold inspections, and environmental consulting acquired Geotechnology Inc., for an undisclosed amount. The acquisition is expected to expand the presence of Universal Engineering Sciences into seven additional states, making it a national firm. Geotechnology Inc., is a US-based producer of geotechnical services such as geology, subsurface exploration services, site evaluation, material testing, and earthquake engineering. North America was the largest region in the geotechnical services market in 2022. The regions covered in the geotechnical services market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the geotechnical services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The geotechnical services market consists of revenue earned by entities that involve the study of materials present under the earth's surface. It is a branch of civil engineering and is used in planning infrastructures such as tunnels and bridges and other onshore and offshore constructions. It also includes specialist fields such as soil and rock mechanics, geophysics, hydrogeology, and associated disciplines such as geology. 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 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 geotechnical services market research report is one of a series of new reports from The Business Research Company that provides geotechnical services market statistics, including geotechnical services industry global market size, regional shares, competitors with a geotechnical services market share, detailed geotechnical services market segments, market trends and opportunities, and any further data you may need to thrive in the geotechnical services industry. This geotechnical services 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.

Marine lubricants are petrochemicals-based products that lowers friction and are mainly used in marine applications. These are used by ships and other seafaring vehicles. The main types of products of marine lubricants are engine oil, hydraulic oil, turbine oil, gear oil, greases, and others. Hydraulic oil refers to a hydraulic substance used in liquid-pressure hydraulic systems. In the hydraulic system, it performs functions such as energy transmission, system lubrication, anti-corrosion, anti-rust, cooling, and sealing. Hydraulic oil is a unique type of oil that is used to transfer power. The various types of oil are mineral oil (paraffinic oil, naphthenic oil, aromatic oil), synthetic oil (PAO, PAG, esters), bio-based (plant source, animal fats), grease (metallic soap thickener and non-soap thickener, inorganic thickener) used in different ship types such as bulk carriers (handysize, handymax, Panamax, Capesize), tankers (Panamax, Aframax, Suezmax, very large crude carrier (VLCC), ultra large crude carrier (ULCC), container ship and others (reefers, drill ships, passenger ships, roll on roll off ships, service ships). The global marine lubricants market is segmented – 1) By Product Type: Engine oil, Hydraulic oil, Turbine oil, Gear oil,Greases, Other Products 2) By Oil Type: Mineral oil (Paraffinic Oil, Naphthenic Oil, Aromatic Oil), Synthetic Oil (PAO, PAG, Esters), Bio-based ( Plant Source, Animal Fats), Grease (Metallic Soap Thickener, Non-soap Thickener, Inorganic Thickener) 3) By Ship Type: Bulk Carriers (Handysize, Handymax, Panamax, Capesize), Tankers (Panamax, Aframax, Suezmax, Very Large Crude Carrier (VLCC), Ultra Large Crude Carrier (ULCC)), Container Ship, Other Ship Types (Reefers, Drill Ships, Passenger ships, Roll on Roll Off Ships, Service Ships) The global marine lubricants market size will grow from $7.65 billion in 2022 to $8.45 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 marine lubricants market size is expected to grow to $13.51 billion in 2027 at a CAGR of 12.4%. The increase in demand for bio-based lubricants is expected to propel the growth of the marine lubricants market. All lubricants that biodegrade quickly dissolve and are not hazardous to humans or aquatic habitats are referred to as bio-lubricants. They are also known as eco-friendly, biodegradable, or sustainable lubricants. Because of the biodegradability and low toxicity of bio-lubricants, as well as the benefit of fewer emissions from utilizing them, the marine industry is becoming a prominent area that uses them. For instance, according to American Oil Chemists' Society (AOCS), the global market for bio-lubricants is predicted to rise from $2 billion, which was indicated in the year 2020 to $2.4 billion, which is projected for the year 2025, as environmental rules and regulations in the marine industry improve. Therefore, a rise in demand for bio-lubricants drives the growth of the marine lubricants market. Major players in the marine lubricants market are BP plc, Royal Dutch Shell plc, Exxon Mobil Corporation, Chevron Corporation, Sinopec Corporation, PJSC Lukoil, Idemitsu Kosan Co. Ltd., Total S.A., Castrol, Gulf Oil Marine, Synforce Lubricants., Valvoline LLC, PetroChina, Eni S.p.A, Croda International PLC., Bailey’s Marine Fuels, Quepet Lubricants, JX Nippon Oil & Energy Corporation, IKO Marine Lubricant Supply Co. Ltd., Repsol SA, Aegean Oil SA, Fuchs Lubricants Co., Indian Oil Corporation Ltd. (IOCL), and Stanley Lubricants. Strategic collaborations between companies are a key trend gaining popularity in the marine lubricant market. Companies manufacturing marine lubricants are undergoing partnerships and collaborations to develop new technologies and products. For instance, in April 2021, Crown oil, a fuel, and lubricants distribution company located in Bury, Greater Manchester, England, and Valvoline, an American manufacturer and distributor of automotive oil, additives, and lubricants involved in a partnership. The deal enables Crown oil to offer a wide range of high-quality Valvoline products to the heavy-duty, agricultural, fleet, and marine sectors and allows Valvoline to explore the base oil market as they do not refine their base oils from crude oil. In another partnership, in August 2021, Wilh. Wilhelmsen Holding ASA, a Norwegian multinational maritime group, headquartered in Lysaker, Norway entered into a partnership with Klubler Lubricants, a leading manufacturer of specialty lubricants based in the US. The deal enables Wilhelmsen holdings to take over sales, logistics and consulting of Klüber Lubrication’s maritime portfolio for its sea-going vessels. In December 2020, John W Stone Oil Distributer, a US-based bunker supplier acquired marine lubricants division of Martin Midstream Partners for an undisclosed amount. The acquisition would complement the company’s marine fuel portfolio and help it grow in newer geographies. Mega Lubricants is a US-based marine lubricants manufacturer. Asia-Pacific was the largest region in the marine lubricants market in 2022. The regions covered in the marine lubricants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the marine lubricants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The marine lubricants market consists of sales of compressor oils, refrigerating oils, and heat transfer oils. 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 marine lubricants market research report is one of a series of new reports from The Business Research Company that provides marine lubricants market statistics, including marine lubricants industry global market size, regional shares, competitors with a marine lubricants market share, detailed marine lubricants market segments, market trends, and opportunities, and any further data you may need to thrive in the marine lubricants industry. This marine lubricants 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.

Construction lubricants are chemical compounds used in machinery and equipment to lower friction between surfaces in contact, consequently lowering the amount of heat generated while the movement on the surface. The main types of construction lubricants are hydraulic fluid, engine oil, gear oil, automatic transmission fluid (ATF), grease, and compressor oil. Hydraulic fluid functions as a medium for energy transfer or power transmission, as well as a lubricant and sealer. The fluids applied in various types of machinery, equipment, and across industries are called hydraulic fluids or hydraulic oils. Types of base oil for construction lubricants include synthetic oil and mineral oil. Construction lubricants are used in applications such as earthmoving equipment, material handling equipment, heavy construction vehicles, and others. The global construction lubricants market is segmented – 1) By Basis Type: Hydraulic Fluid, Engine Oil, Gear Oil, Automatic Transmission Fluid (ATF), Grease, Compressor Oil 2) By Base Oil: Synthetic Oil, Mineral Oil 3) By Application: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Other Applications The global construction lubricants market size will grow from $12.06 billion in 2022 to $13.18 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. 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 market size of the global construction lubricants is expected to grow to $20.77 billion in 2027 at a CAGR of 12.0%. A rise in construction and mining activities is significantly contributing to the growth of the construction lubricants market. Construction lubricant is a substance that lowers friction between surfaces in contact, consequently lowering the amount of heat generated while the movement on the surface. Lubricating oil is largely used in marine engines, automobiles, and other machinery. For instance, the mining and construction equipment industry in India is likely to grow by 15-20% in the calendar year 2021 and 5-10% in the year 2022. The first quarter of 2021 is estimated to have reported a strong equipment demand growth of 45-50%, following a 10-12% contraction in FY2020. The global construction market size is expected to grow by $4.5 trillion between 2020 and 2030 to reach $15.2 trillion with $8.9 trillion in emerging markets in 2030. These factors are expected to significantly drive the construction lubricants market. Major players in the construction lubricants market are ExxonMobil Corporation, Royal Dutch Shell, Total Energies SE, China Petrochemical Corporation, Chevron Corporation, PetroChina Company Limited, FUCHS Petrolub SE, Lukoil, Sinopec, Phillips 66 Company, Morris Lubricants, Penrite Oil, Valvoline, Liqui Moly GmbH, ENI SPA, Addinol Lube Oil GmbH, Indian Oil Corporation, Bel Ray Company LLC., Gulf Oil India, and Totalenergies Se. The development of zinc-free (ashless) lubricants is a key trend in the construction lubricants industry. Construction lubricants are a type of lubricant used to reduce friction between moving parts or surfaces and to enhance the efficiency of the machines used in the construction industry. Lubricants with zinc levels that are too high have a history of leading to the corrosion of some metals, such as yellow metals, as they chemically attack the metal surfaces, along with environmental harm. Zinc-free lubricants, on the other hand, have an outstanding ability to prevent wear, rust, foam, oxidation, air, and water entrainment and provide excellent thermal stability. For instance, the formulation of the zinc-free lubricants reduces sludge by 85 to 99.5%, retains more viscosity, reduces metal wear by 04-06%, and extends the useful service life to at least twice that of the ZDDP-based hydraulic oil. On April 15, 2020, GP Global, an energy-to-agriculture conglomerate, acquired Nigeria-based Grand Petroleum’s lubricants assets for an undisclosed sum. The acquisition allows GP Global to strengthen its presence in Nigeria and West Africa. Through local manufacturing and a strong distribution network in Nigeria, the acquisition will position them as one of the fastest-growing global lubricants and base oil businesses. Grand Petroleum Inc., is an emerging oil and gas company that explores for and produces oil and gas on its properties located in Alberta, Canada. Europe was the largest region in the construction lubrication market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the construction lubricants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the construction lubricants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The construction lubricants market consists of sales of penetration lubricants, and dry lubricants. 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 construction lubricants market research report is one of a series of new reports from The Business Research Company that provides construction lubricants market statistics, including construction lubricants industry global market size, regional shares, competitors with a construction lubricants market share, detailed construction lubricants market segments, market trends and opportunities, and any further data you may need to thrive in the construction lubricants industry. This construction lubricants 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.

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 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 The global hydraulic fracturing market size will grow 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 market size of the global hydraulic fracturing 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. 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. 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. 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 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

Hydraulic cylinders refer to actuation devices that use pressurized hydraulic fluid to produce linear motion and force. It is a mechanical actuator that gives a unidirectional force through a unidirectional stroke. The main types of hydraulic cylinders are single-acting hydraulic cylinders and double-acting hydraulic cylinders. Single-acting cylinders are only extended by a pump's pressure and then retracted by the weight of the load or a built-in spring. The specification of hydraulic cylinders is a telescopic cylinder, tie rod cylinder, mill type cylinder, and a welded cylinder that has a bore size of less than 50 mm, 50 to 150 mm, greater than 150 mm applied across industrial equipment, mobile equipment. Hydraulic cylinders have end-use industries such as construction, aerospace & defense, material handling, agriculture, automotive, mining, oil & gas, marine, and other end-users. The global hydraulic cylinder market is segmented - 1) By Function: Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder 2) By Specification: Telescopic Cylinder, Tie Rod Cylinder, Mill Type Cylinder, Welded Cylinder 3) By Bore Size: Less Than 50 MM, 50 to 150 MM, Greater Than 150 MM 4) By Application: Industrial Equipment, Mobile Equipment 5) By End-User: Construction, Aerospace And Defense, Material Handling, Agriculture, Automotive, Mining, Oil And Gas, Marine, Other End-Users The global hydraulic cylinder market size grew from $17.47 billion in 2022 to $18.33 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. 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 market size of the hydraulic cylinder market is expected to grow to $22.32 billion in 2027 at a CAGR of 5.0%. The significant increase in demand from the construction industry is expected to drive the growth of the hydraulic cylinder market. Since construction projects are becoming more complex with higher demand for infrastructure, the construction industry has been the most affected industry by the development of and implementation of hydraulic technologies. For instance, according to the Ministry of Statistics and Programme Implementation, a ministry of the Government of India concerned with coverage and quality aspects of statistics released, the construction industry is expected to rise in double digits in FY22, rebounding from an 8.6% decline last year, thanks to the base effect and the economy's forecast 9.2% expansion. The significant increase in demand from the construction industry is likely to drive the growth of the hydraulic cylinder market. Major players in the hydraulic cylinder market are Bosch Rexroth, Eaton, SMC Corporation, HYDAC, Texas Hydraulics Inc., Parker-Hannifin Corporation, Wipro Enterprises, LEO engineers, BDI, Enerpac Tool Group, Caterpillar Inc., Zenith Hydromatic, Spareage Hydro, and Kangaroo Hydraulics Private Limited. Product innovation is a key trand gaining popularity in the hydraulic cylinder market. Many companies operating in the hydraulic cylinder market are looking for the new innovative products to strengthen their position in the market. For instance, in October 2021, Oerlikon HRS flow, an India-based company that designs and manufactures hot runner systems for all industries in plastic injection molding, presented a further development of the HRS cool hydraulic cylinder system for hot runner injection moulding. The advanced features include its sophisticated temperature management, does not require active liquid cooling of the actuation unit. In December 2021, Wheels India Ltd (WIL), an Indian auto component manufacturer company merged with Sundaram Hydraulics Ltd for an undisclosed amount. The merger will aid in attaining consolidation, greater integration, and flexibility, which will increase total shareholder value and strengthen the combined entity's competitive position and bargaining leverage. Sundaram is an Indian hydraulic cylinder manufacturer. Asia-Pacific was the largest region in the hydraulic cylinder market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic cylinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the hydraulic cylinder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The hydraulic cylinders market consists of sales of tie-rod cylinders, welded rod cylinders, telescopic cylinders. 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 hydraulic cylinder market research report is one of a series of new reports from The Business Research Company that provides hydraulic cylinder market statistics, including hydraulic cylinder industry global market size, regional shares, competitors with a hydraulic cylinder market share, detailed hydraulic cylinder market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic cylinder industry. This hydraulic cylinder 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.

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 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 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. 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. 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. 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 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.

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 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 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 market size of the hydraulic pumps market 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. 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. 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. 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 analysis 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 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.

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 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 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. 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. 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. 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 analysis 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 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.