Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Strong Growth in Recent Years and the Fallout of the Trade War to Ensure Imminent Market Slowdown in 2019
save 25 %
* Required Fields
Pay by invoice
This Frost & Sullivan outlook analyzes the global fluid power equipment market in detail from 2015 to 2018, and provides the outlook for 2019. It examines the various product segments, end-user industries, and market shares, and offers a competitive analysis of the global market participants. Regional analyses are provided for North America, Europe, the Middle East, and Africa (EMEA), Asia-Pacific (APAC), and the Rest of the World (ROW).
This study examines the key product segments, application segments, and end-user industries in each region, and provides forecasts for 2019 by end-user industry, product segments, and individual regions. In addition, it also highlights the key fluid power trends to watch for, key end-user trends, and investment patterns in the major end-user industries. This outlook also examines future growth opportunities and the strategic imperatives that need to be undertaken by market participants in order to capitalize on these growth opportunities. In this research service, Frost & Sullivan's analysts examine the following product segments and end-user industries:
By Product Segments:
By End-user Industry for Hydraulics:
Following several years of decline owing to the oil and gas downturn and the knock-on effects on surrounding industries, the fluid power equipment market has demonstrated a strong recovery in the last few years. While economic sentiment has remained positive, recent geopolitical events threaten to dampen global economic prospects with an imminent slowdown. The commoditization of fluid power product equipment adds to the price pressure, which is already getting strained due to supply chain constraints, the trade war, and the presence of low-cost manufacturers. However, increased focus on energy-efficient products and technological advancement are expected to help manufacturers differentiate their solutions. North America, home to the largest economy in the world, continues to go from strength to strength in the oil and gas industry, as well as, in the off-highway vehicle sector. Similarly, Asia-Pacific, which is home to the two fastest-growing major economies in the world, is another key growth engine for this market due to the rising wealth in the region and the growth of the manufacturing sector. The Chinese Government’s ‘One Belt One Road Policy’ is expected to continue to spur investments in infrastructure and logistics, driving growth in the construction and material handling sectors, while in the long-term, Made in China initiative will continue to push China in the direction of self-sufficiency for its technology needs. With greater penetration of smart solutions across key end-user sectors, the threat posed by electrification is also expected to be mitigated to some extent. As some industries are expected to experience a significant slowdown in 2019, technological differentiation is the key to navigating the market slowdown successfully and emerging stronger for the future.
Affected by the Steep Decline in Oil Prices due to the COVID-19 Pandemic, the Global Fluid Power Equipment Market is Gradually Recovering
2018 Global Pneumatic Equipment Market Factbook
functional food market
wearable electronics market
cloud security market
agricultural drones market
smart grid market
nutritional supplement market
blood glucose monitoring market
fuel cell market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.