About Hydraulic Valves
Hydraulic valves is involved in controlling the flow of fluid in a hydraulic machine; thereby, maintaining the required pressure in the system. These valves have spools that slide to different positions to control the flow of fluid. They are a vital feature of hydraulic power systems. The well developed infrastructure in emerging economies and the increasing demand for hydraulic valves from wastewater and water industry is one of the main forces driving the Hydraulic valves market growth.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The Global Hydraulic Valves market is highly fragmented with the presence of numerous regional and international players. The competitive environment for this market is expected to intensify further with the increase in product extensions, innovations in technology, and mergers and acquisitions. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Hydraulic Valves market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bosch Rexroth AG (Germany), Daikin Industries Ltd. (Japan), Eaton Corporation (Japan), Kawasaki Heavy Industries Ltd. (Japan), Parker Hannifin Corporation (United States), ENERPAC (United States), HAWE Hydraulik Pvt. Ltd. (India), Emerson Electric Co. (United States), Curtiss-Wright Corporation (United States), CBF Hydraulic (Italy) and Stauffenberg GmbH & Co. KG (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Sun Hydraulics Corporation (Italy), Pedro Roquet S.L (Spain), Versa Products (United States) and Bermad Water Technologies (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Hydraulic Valves market by Type (Manual Hydraulic Valves, Electric Control Hydraulic Valves and Hydraulic Control Hydraulic Valves), Application (Oil Industry, Chemical Industry, Water Conservation and Others) and Region.
On the basis of geography, the market of Hydraulic Valves has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End users, the sub-segment i.e. Oil and Gas will boost the Hydraulic Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Function, the sub-segment i.e. Directional will boost the Hydraulic Valves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Development of Natural Gas Infrastructure in Countries like China and The Shift from Conventional Fluid Power System to Smart Electric Hybrid System
Market Growth Drivers:
Increased Demand for Uncontaminated and High-Quality Water for Domestic Consumption Purposes and Decline in Production Costs
Challenges:
Negligent Government Regulations on Industrial Wastewater Disposal in APAC Countries, Rising Preference for Pneumatic Valves among End-Users and Fluctuating Raw Material Prices
Restraints:
Lack of Effective Supply Facilities, The scarcity of Potable Water among Population and High Maintenance Cost
Opportunities:
Increased Investment in the Water and Wastewater Treatment Industry
Market Leaders and their expansionary development strategies
February 2023, Bosch Rexroth has acquired of HydraForce upon receiving approval from antitrust authorities. HydraForce will join Bosch Rexroth's Compact Hydraulics portfolio, helping to further expand the business unit's product offering and customer support.
In February 2023, HydraForce, a leading manufacturer of hydraulic valves and manifolds, is launched its patent-pending electro-proportional boom lock valve, the EHBL, at the CONEXPO-CON/AGG 2023 show in Las Vegas as part of the International Fluid Power Exposition (IFPE). Taking place March 14-18, the valve will be on display at IFPE on HydraForce booth S80207.
Key Target Audience
Hydraulic Valves Manufacturers, Potential Investors, Downstream Vendors, Traders/Distributors/Suppliers and Industry Association
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.