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Press Release:

Global Hydraulic Tools Market to Reach US$ 1.95 Billion by 2027, Propelled by the Growing Construction Sector

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Hydraulic Tools Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global hydraulic tools market reached a value of US$ 1.47 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 1.95 Billion by 2027, exhibiting a growth rate (CAGR) of 4.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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.

 

 
 

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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, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, distribution channel and end user.

Breakup by Type:

 

 
 

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  • 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:

 

 
 

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  • 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Type, Distribution Channel, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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
    9.2    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
    9.3    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
    9.4    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
    9.5    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

List of Figures

Figure 1: Global: Hydraulic Tools Market: Major Drivers and Challenges
Figure 2: Global: Hydraulic Tools Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Hydraulic Tools Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Hydraulic Tools Market: Breakup by Type (in %), 2021
Figure 5: Global: Hydraulic Tools Market: Breakup by Distribution Channel (in %), 2021
Figure 6: Global: Hydraulic Tools Market: Breakup by End User (in %), 2021
Figure 7: Global: Hydraulic Tools Market: Breakup by Region (in %), 2021
Figure 8: Global: Hydraulic Tools (Hydraulic Cylinder and Jack) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Hydraulic Tools (Hydraulic Cylinder and Jack) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Hydraulic Tools (Hydraulic Rescue Tools) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Hydraulic Tools (Hydraulic Rescue Tools) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Hydraulic Tools (Tension and Torque Tools) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Hydraulic Tools (Tension and Torque Tools) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Hydraulic Tools (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Hydraulic Tools (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Hydraulic Tools (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Hydraulic Tools (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Hydraulic Tools (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Hydraulic Tools (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Hydraulic Tools (Industrial Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Hydraulic Tools (Industrial Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Hydraulic Tools (Oil and Gas and Petrochemical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Hydraulic Tools (Oil and Gas and Petrochemical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Hydraulic Tools (Utility) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Hydraulic Tools (Utility) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Hydraulic Tools (Railway) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Hydraulic Tools (Railway) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Hydraulic Tools (Other End Users) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Hydraulic Tools (Other End Users) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: North America: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: North America: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: United States: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: United States: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Canada: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Canada: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Asia-Pacific: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Asia-Pacific: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: China: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: China: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Japan: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Japan: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: India: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: India: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: South Korea: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: South Korea: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Australia: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Australia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Indonesia: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Indonesia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Europe: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Europe: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Germany: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Germany: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: France: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: France: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: United Kingdom: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: United Kingdom: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Italy: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Italy: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Spain: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Spain: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Russia: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Russia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Latin America: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Latin America: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Brazil: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Brazil: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Mexico: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Mexico: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Middle East and Africa: Hydraulic Tools Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Middle East and Africa: Hydraulic Tools Market: Breakup by Country (in %), 2021
Figure 78: Middle East and Africa: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Hydraulic Tools Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Hydraulic Tools Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 4: Global: Hydraulic Tools Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 5: Global: Hydraulic Tools Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Hydraulic Tools Market: Competitive Structure
Table 7: Global: Hydraulic Tools Market: Key Players


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Key Questions Answered in This Report

The global hydraulic tools market was valued at US$ 1.47 Billion in 2021.

We expect the global hydraulic tools market to exhibit a CAGR of 4.60% during 2022-2027.

The rising adoption of hydraulic tools in tunneling, mining, constructing roads and highways, etc., as
they facilitate easy and safe movement of large and heavy items, is currently catalyzing the global
hydraulic tools market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations resulting in the temporary closure of numerous end-use industries for
hydraulic tools.

Based on the end user, the global hydraulic tools market can be segmented into industrial
manufacturing, oil and gas and petrochemical, utility, railway, and others. Currently, industrial
manufacturing holds the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global hydraulic tools market include 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.

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