Global $42 Billion Hydraulics Market Forecast to 2025 with Bosch Rexroth, Parker Hannifin, Danfoss, Eaton, KYB, SMC, HYDAC, Wipro Enterprises Dominating

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Jan 31, 2025 - 17:54
Global $42 Billion Hydraulics Market Forecast to 2025 with Bosch Rexroth, Parker Hannifin, Danfoss, Eaton, KYB, SMC, HYDAC, Wipro Enterprises Dominating

Researchers expect that the global hydraulic market size will grow from USD billion in 2020 to USD 42.1 billion by 2025, at a CAGR of 2.4%

The growth of this market is mainly driven by growing construction activities driving significant demand for hydraulic equipment, increasing demand for material handling equipment, rising demand for advanced agriculture equipment, and a growing adaptation of hydraulic equipment by various industries, However, factors such as High manufacturing and maintenance costs and Increased concerns regarding oil leaks are restraining market growth.

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