Global Hydraulic Pump market to grow at a CAGR of 5.07% over the period 2014-2019; Finds New Report

Report forecast the Global Hydraulic Pump market to grow at a CAGR of 5.07 percent over the period 2015-2019.

A hydraulic pump is a mechanical device that converts mechanical energy into hydraulic energy or hydrostatic energy. It operates on displacement principle. A vacuum is created at the pump outlet, when the pump operates, that induces a force, which drives a liquid from the reservoir into the inlet line. With the aid of further mechanical action, the liquid gets transferred to the outlet and eventually into the hydraulic system. This system is used in hydraulic drive systems, which can either be hydrostatic or hydrodynamic. A hydraulic machine, together with a pump, performs various tasks such as lift, lower, close, open, or rotate components. It is the source of power for various dynamic machines and equipment.

There are various types of hydraulic pumps:

• Gear pumps
• Vane pumps
• Piston pumps

This report covers the present scenario and the growth prospects of the Global Hydraulic Pump market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of hydraulic pumps.

According to the report, a high demand for hydraulic pumps from the growing Construction industry is one major factor driving this market. Hydraulic pumps are used in cranes and forklifts, which are used in the construction of roads, railways, housing, infrastructure, and airports. A high tempo of construction activities in developing countries has led to an upswing in the demand for hydraulic pumps.

Further, the report states that the high maintenance cost of hydraulic pumps is one major challenge that the market faces. Continuous maintenance is required to detect and rectify any failure in equipment. Hydraulic systems operating above 180°F can lead to the destruction of seals and degradation of fluids.

The Global Hydraulic Pump Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Hydraulic Pump market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in the Global Hydraulic Pumps Market: Bosch Rexroth Corp., Danfoss Power Solutions Pvt. Ltd., Eaton Corporation Plc and Parker Hannifin Corp.

Other Prominent Vendors in the market are: Actuant, Atos, Avic Liyuan Hydraulic, Bailey International, Beijing Huade, Bucher Hydraulics, Casappa, Dalian Hydraulic Component, Dynamatic Technologies, Hawe Hydraulik, Hydac International, Hydreco Hydraulics, Hydro-Gear, Hyva Global, Hyvair, Jiangsu Hengyuan Hydraulic, Kawasaki Precision Machinery, KYB, Linde Hydraulics, Moog, Nachi-Fujikoshi, Oilgear, Permco, Poclain Hydraulics, Prince Manufacturing, Rotary Power, Salami Hydraulics, Tokyo Keiki, Toshiba Machine, White Drive Products, Wipro Infrastructure Engineering, Yuci Hydraulics, Yuken Kogyo and Zhejiang XianDing

Market Driver

• Growing Demand from Construction Industry
• For a full, detailed list, view our report

Market Challenge

• High Maintenance Cost
• For a full, detailed list, view our report

Market Trend

• Increased Demand for Fire-resistant Hydraulic Fluids
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 73 pages, “Global Hydraulic Pumps Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by End-users, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4YF

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