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25 Nov 2020  |  North America  |  Market Research

Affected by the Steep Decline in Oil Prices due to the COVID-19 Pandemic, the Global Fluid Power Equipment Market is Gradually Recovering

Bleak Investment Activity and the Global Economic Shrinkage will Lead to a Short-term Market Contraction

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Key Issues Addressed

Owing to the US-China trade war and the global economic slowdown caused by the COVID-19 pandemic, the global fluid power equipment market is projected to face a sharp revenue contraction in 2020. Key end users, including oil and gas, aerospace and defense, and construction, are experiencing unprecedented declines due to the pandemic. The imposition...

This research service for the North American hydraulic cylinders market identifies major industry challenges; market drivers and restraints; and key trends in technology, pricing, and distribution. Moreover, this research provides comprehensive forecasts for the total market, across the end-user segments like construction, material handling, forest...