The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
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
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.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at