Hydraulic equipment uses pressurized fluid to perform various machinery operations. Different types of fluids, including synthetic fire-resistant, phosphate ester fire-resistant, and petroleum-based fluids are used in hydraulic equipment. An engine is used to drive the pump to pressurize the hydraulic fluid.
The growth in construction activities is one of the primary growth factors for this market. The rise in urban population has resulted in an increase in construction activities across the globe, especially in the developing regions in APAC that are currently witnessing major growth in the infrastructure development and real estate sectors. This will bolster the demand for hydraulic equipment for various construction activities such as the construction of roads, railways, housing, infrastructure, and airports and also fuel the demand for earthmoving equipment such as excavators, loaders, bulldozers, and cranes.
The Americas is estimated to be the major revenue contributor to the market in the next four years. The replacement of hydraulic equipment, parts, and accessories in various industries in the region and the industrial and economic development in South America, will fuel market growth in this region. Also, the focus of the developing countries such as India and China towards the mechanization of agriculture and infrastructure development, will also lead to the rise in exports of agricultural and aerospace equipment to APAC, in turn, propelling the growth of the market.
The Global Hydraulic Equipment for Mobile Applications Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Hydraulic Equipment for Mobile Applications Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Bosch Rexroth
Eaton
Kawasaki Heavy Industries
Parker Hannifin
Brevini Fluid Power
Dongyang Mechatronics
WEBER-HYDRAULIK
Wipro Infrastructure Engineering

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Cylinders
Pumps and Motors
Valves

In Market segmentation by applications :
Aerospace
Automotive
Construction and Material Handling
Marine

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Hydraulic Equipment for Mobile Applications Market for the forecast period 2023-2030?
• What are the driving forces in the Hydraulic Equipment for Mobile Applications Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Hydraulic Equipment for Mobile Applications industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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