Europe Hydraulic Equipment Market
Europe Hydraulic Equipment Market Size, Share & Trends Analysis Report, By Type (Mobile Hydraulics and Industrial Hydraulics), By Product (Motors and Pumps, Valves, Cylinders, and Others), By End-User Industry (Construction and Mining, Agriculture, Oil and Gas, Automotive, Aerospace and Defense, and Others) and Forecast, 2020-2026 Update Available - Forecast 2024-2030
Europe hydraulic equipment market is estimated to grow at a CAGR of
3.8% during the forecast period. The market was valued at nearly
$12.8 billion in 2019, which is estimated to reach nearly $16.6
billion in 2026. Some pivotal factors contributing to the market
growth include significant automobile production and rising demand
for mobile hydraulics. As per the European Automobile Manufacturers'
Association, in December 2019, the demand for EU passenger cars rose
21.7% coupled with the surge in car sales in France (21.7%) and
Sweden (109.3%). There is a significant presence of major automobile
companies such as Volkswagen Group, Audi AG, and Fiat Chrysler
Automobiles N.V. in the region. This, in turn, is resulting in a
large automobile production base in the region that is driving the
demand for hydraulic equipment that is suitable for application in
suspension, braking, and power steering systems. One of the essential
uses of hydraulics in motor vehicles is advanced braking systems.
Hydraulically operated brakes are highly responsive and implement
very quickly than electric brakes.
Based on the country, the market is segmented into UK, Germany, France, Spain, Italy, and the Rest of Europe. Germany hydraulic equipment market is significantly driven by the significant production of automobiles and growth in the aerospace and defense industry. As per the Aerospace and Defense Industries Association of Europe (ASD), the European aerospace and defense industry generated a turnover of nearly $291.7 billion in 2019. This, in turn, is driving the adoption of hydraulic equipment that is used in certain places in modern aircraft which include thrust reversers, primary flight controls, flap/slat drives, emergency hydraulic-driven electrical generators, rudders, landing gear, cargo doors, nose wheel steering, and spoilers. Hydraulic systems provide several benefits as power sources for operating several aircraft units. It incorporates the benefits of ease of inspection, lightweight, ease of installation, and fewer maintenance requirements.
Some crucial players in the market include Bosch Rexroth AG, Danfoss A/S, Kawasaki Heavy Industries, Ltd., and Bucher Hydraulics GmbH. The market players are using some key strategies to increase their market share. For instance, in January 2020, Danfoss signed an agreement to acquire Eaton’s Hydraulics business for $3.3 billion. This acquisition is completely in line with the strategy of Danfoss to reinforce its core businesses and increase customer value. The combined business will be beneficial for both distributors and customers by providing industry-leading technology and a much comprehensive portfolio of hydraulic solutions.
Research Methodology
The market study of the Europe hydraulic equipment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.
Secondary Sources Include
Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
Europe Hydraulic Equipment Market Research and Analysis by Type
Europe Hydraulic Equipment Market Research and Analysis by Product
Europe Hydraulic Equipment Market Research and Analysis by End-User Industry
The Report Covers
Comprehensive research methodology of the Europe hydraulic equipment market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Europe hydraulic equipment market.
Insights about market determinants which are stimulating the Europe hydraulic equipment market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Country
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Europe Hydraulic Equipment Market by Type
5.1.1. Mobile Hydraulics
5.1.2. Industrial Hydraulics
5.2. Europe Hydraulic Equipment Market by Product
5.2.1. Motors and Pumps
5.2.2. Valves
5.2.3. Cylinders
5.2.4. Others
5.3. Europe Hydraulic Equipment Market by End-User Industry
5.3.1. Construction and Mining
5.3.2. Agriculture
5.3.3. Oil and Gas
5.3.4. Automotive
5.3.5. Aerospace and Defense
5.3.6. Others
6. Country Analysis
6.1. UK
6.2. Germany
6.3. France
6.4. Spain
6.5. Italy
6.6. Rest of Europe
7. Company Profiles
7.1. Bosch Rexroth AG
7.2. Bucher Hydraulics GmbH
7.3. Daikin Industries, Ltd.
7.4. Danfoss A/S
7.5. HYDAC Verwaltung GmbH
7.6. Linde Hydraulics GmbH & Co. KG
7.7. Parker-Hannifin Corp.
7.8. Poclain Hydraulics SA
7.9. Rheintacho Messtechnik GmbH
7.10. Weber-Hydraulik GmbH
1. EUROPE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
2. EUROPE MOBILE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
3. EUROPE INDUSTRIAL HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
4. EUROPE HYDRAULIC EQUIPMENT RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
5. EUROPE HYDRAULIC MOTORS AND PUMPS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
6. EUROPE HYDRAULIC VALVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
7. EUROPE HYDRAULIC CYLINDERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
8. EUROPE OTHER HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
9. EUROPE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
10. EUROPE HYDRAULIC EQUIPMENT IN CONSTRUCTION AND MINING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
11. EUROPE HYDRAULIC EQUIPMENT IN AGRICULTURE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
12. EUROPE HYDRAULIC EQUIPMENT IN OIL AND GAS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
13. EUROPE HYDRAULIC EQUIPMENT IN AUTOMOTIVE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. EUROPE HYDRAULIC EQUIPMENT IN AEROSPACE AND DEFENSE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
15. EUROPE HYDRAULIC EQUIPMENT IN OTHER END-USER INDUSTRIES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
16. EUROPE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
17. UK HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
18. UK HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
19. UK HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
20. GERMANYHYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
21. GERMANYHYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
22. GERMANYHYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
23. FRANCE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
24. FRANCE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
25. FRANCE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
26. SPAIN HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
27. SPAIN HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
28. SPAIN HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
29. ITALY HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
30. ITALY HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
31. ITALY HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
32. REST OF EUROPE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY TYPE, 2019-2026 ($ MILLION)
33. REST OF EUROPE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2019-2026 ($ MILLION)
34. REST OF EUROPE HYDRAULIC EQUIPMENT MARKET RESEARCH AND ANALYSIS BY END-USER INDUSTRY, 2019-2026 ($ MILLION)
1. EUROPE HYDRAULIC EQUIPMENT MARKET SHARE BY TYPE, 2019 VS 2026 (%)
2. EUROPE MOBILE HYDRAULIC EQUIPMENT MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
3. EUROPE INDUSTRIAL HYDRAULIC EQUIPMENT MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
4. EUROPE HYDRAULIC EQUIPMENT MARKET SHARE BY PRODUCT, 2019 VS 2026 (%)
5. EUROPE HYDRAULIC MOTORS AND PUMPS MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
6. EUROPE HYDRAULIC VALVES MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
7. EUROPE HYDRAULIC CYLINDERS MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
8. EUROPE OTHER HYDRAULIC EQUIPMENT MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
9. EUROPE HYDRAULIC EQUIPMENT MARKET SHARE BY END-USER INDUSTRY, 2019 VS 2026 (%)
10. EUROPE HYDRAULIC EQUIPMENT IN CONSTRUCTION AND MINING MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
11. EUROPE HYDRAULIC EQUIPMENT IN AGRICULTURE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
12. EUROPE HYDRAULIC EQUIPMENT IN OIL AND GAS MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
13. EUROPE HYDRAULIC EQUIPMENT IN AUTOMOTIVE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
14. EUROPE HYDRAULIC EQUIPMENT IN AEROSPACE AND DEFENSE MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
15. EUROPE HYDRAULIC EQUIPMENT IN OTHER END-USER INDUSTRIES MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
16. EUROPE HYDRAULIC EQUIPMENT MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
17. UK HYDRAULIC EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
18. GERMANY HYDRAULIC EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
19. FRANCE HYDRAULIC EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
20. SPAIN HYDRAULIC EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
21. ITALY HYDRAULIC EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
22. REST OF EUROPE HYDRAULIC EQUIPMENT MARKET SIZE, 2019-2026 ($ MILLION)
