PUBLISHER: IMARC | PRODUCT CODE: 1298736
PUBLISHER: IMARC | PRODUCT CODE: 1298736
Hydraulic Tools Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global hydraulic tools market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.
Hydraulic tools are high-powered tools widely used to operate hydraulic machinery with pressurized fluid. They are also utilized in tunneling and mining, constructing roads and highways, creating barriers and fences, securing street signs to metal posts, and powering construction cranes to facilitate the movement of large and heavy items. They are strong, portable, flexible and can be hooked onto a hydraulic power unit or a hydraulic system for various industrial purposes. They rely on hydraulic tubes to move the fluid into the actuator and transfer the pressure stored to moving parts of the machine.
Hydraulic Tools Market Trends:
The expanding construction sector, along with rapid industrialization across the globe, represents one of the key factors driving the market. Moreover, the escalating demand for material handling equipment in oil and gas, marine, automotive, and railway industries is stimulating the growth of the market. In addition, there is a rise in the integration of electronics with hydraulic cylinders to increase accuracy, functionality, and improvements in controlled performance. This, coupled with technological developments in tools and machineries that are used in core construction of the infrastructure industry, is catalyzing the demand for hydraulic tools around the world. Besides this, governments of several countries are extensively investing in the infrastructure of sports and facilities, which is positively influencing the market. Additionally, major manufacturers in the hydraulic ecosystem are continuously investing in research and development (R&D) activities to upgrade hydraulic equipment and offer better solutions to users. These initiatives, in confluence with the rising employment of hydraulic tools in the agriculture industry for producing crops and livestock management, are projected to bolster the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydraulic tools market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and end user.
Breakup by Type:
Hydraulic Cylinder and Jack
Hydraulic Rescue Tools
Tension and Torque Tools
Others
Breakup by Distribution Channel:
Online
Offline
Breakup by End User:
Industrial Manufacturing
Oil and Gas and Petrochemical
Utility
Railway
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco North America LLC, BVA Hydraulics, Cembre S.p.A. (Lysne S.P.A.), Emerson Electric Co., Enerpac Tool Group Corp., Hangzhou WREN Hydraulic Equipment Manufacture Co. Ltd., Hi-Force Limited, HTL Group Ltd., Kudos Mechanical Co. Ltd., LUKAS Hydraulik GmbH (IDEX Corporation), SPX Flow Inc., Super Unique Enterprise Co. Ltd. and Tai Cheng Hydraulic Industry Co. Ltd.
Key Questions Answered in This Report
1. What was the size of the global hydraulic tools market in 2022?
2. What is the expected growth rate of the global hydraulic tools market during 2023-2028?
3. What are the key factors driving the global hydraulic tools market?
4. What has been the impact of COVID-19 on the global hydraulic tools market?
5. What is the breakup of the global hydraulic tools market based on the end user?
6. What are the key regions in the global hydraulic tools market?
7. Who are the key players/companies in the global hydraulic tools market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Hydraulic Tools Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Hydraulic Cylinder and Jack
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Hydraulic Rescue Tools
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Tension and Torque Tools
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Others
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Online
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Offline
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End User
- 8.1 Industrial Manufacturing
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Oil and Gas and Petrochemical
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Utility
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Railway
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Atlas Copco North America LLC
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 BVA Hydraulics
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Cembre S.p.A. (Lysne S.P.A.)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Emerson Electric Co.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Enerpac Tool Group Corp.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Hangzhou WREN Hydraulic Equipment Manufacture Co. Ltd.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Hi-Force Limited
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 HTL Group Ltd.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Kudos Mechanical Co. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 LUKAS Hydraulik GmbH (IDEX Corporation)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 SPX Flow Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 Super Unique Enterprise Co. Ltd.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.13 Tai Cheng Hydraulic Industry Co. Ltd.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 Atlas Copco North America LLC
List of Figures
- Figure 1: Global: Hydraulic Tools Market: Major Drivers and Challenges
- Figure 2: Global: Hydraulic Tools Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Hydraulic Tools Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Hydraulic Tools Market: Breakup by Type (in %), 2022
- Figure 5: Global: Hydraulic Tools Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Hydraulic Tools Market: Breakup by End User (in %), 2022
- Figure 7: Global: Hydraulic Tools Market: Breakup by Region (in %), 2022
- Figure 8: Global: Hydraulic Tools (Hydraulic Cylinder and Jack) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Hydraulic Tools (Hydraulic Cylinder and Jack) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Hydraulic Tools (Hydraulic Rescue Tools) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Hydraulic Tools (Hydraulic Rescue Tools) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Hydraulic Tools (Tension and Torque Tools) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Hydraulic Tools (Tension and Torque Tools) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Hydraulic Tools (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Hydraulic Tools (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Hydraulic Tools (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Hydraulic Tools (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Hydraulic Tools (Offline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Hydraulic Tools (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Hydraulic Tools (Industrial Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Hydraulic Tools (Industrial Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Hydraulic Tools (Oil and Gas and Petrochemical) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Hydraulic Tools (Oil and Gas and Petrochemical) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Hydraulic Tools (Utility) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Hydraulic Tools (Utility) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Hydraulic Tools (Railway) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Hydraulic Tools (Railway) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Hydraulic Tools (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Hydraulic Tools (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: North America: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: North America: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: United States: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: United States: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Canada: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Canada: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Asia-Pacific: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Asia-Pacific: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: China: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: China: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Japan: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Japan: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: India: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: India: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: South Korea: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: South Korea: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Australia: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Australia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Indonesia: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Indonesia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Europe: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Europe: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Germany: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Germany: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: France: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: France: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: United Kingdom: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: United Kingdom: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Italy: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Italy: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Spain: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Spain: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Russia: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Russia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Latin America: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Latin America: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Brazil: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Brazil: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Mexico: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Mexico: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Middle East and Africa: Hydraulic Tools Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Middle East and Africa: Hydraulic Tools Market: Breakup by Country (in %), 2022
- Figure 78: Middle East and Africa: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Global: Hydraulic Tools Industry: SWOT Analysis
- Figure 80: Global: Hydraulic Tools Industry: Value Chain Analysis
- Figure 81: Global: Hydraulic Tools Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Hydraulic Tools Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Hydraulic Tools Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Hydraulic Tools Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Hydraulic Tools Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 5: Global: Hydraulic Tools Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Hydraulic Tools Market: Competitive Structure
- Table 7: Global: Hydraulic Tools Market: Key Players
