Market Overview:
The global hydraulic cartridge valves for agriculture equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for agricultural equipment across the globe, coupled with the rising awareness about their benefits among farmers. In addition, technological advancements in agricultural equipment are also contributing to the growth of this market. On the basis of type, the global hydraulic cartridge valves for agriculture equipment market is segmented into tablet, capsule and injection types. Among these, tablet type dominates this market and is expected to continue its dominance during the forecast period from 2018 to 2030. This can be attributed to their easy handling and low installation cost as compared with other types of hydraulic cartridge valves for agriculture equipment.
Product Definition:
A hydraulic cartridge valve is a component of a hydraulic system that uses pressure to force liquid through an orifice. The valves are usually made from brass, stainless steel, or aluminum and are designed to control the flow of fluid in one direction. Hydraulic cartridge valves for agricultural equipment play an important role in delivering water and nutrients to crops, controlling irrigation systems, and performing other tasks related to farming.
Tablet:
Tablet is a portable computer that can be used anywhere and anytime. It has an advanced mobile-based operating system, which makes it easy to use for first time users. The device has features such as e-mail, instant messaging, web browsing and includes applications like Microsoft Office along with many others.
The global tablet market was valued at USD 25 billion in 2012.
Capsule:
Capsule is a small container that holds the medication and it's used in hydraulic cartridge valves for agriculture equipment. The size of capsule depends upon the pressure rating of the valve it self. For example, if a 10 BAR (100 PSI) valve is required to be closed then a 20 BAR (200 PSI) capsule would be suitable as they both have similar dimensions.
Application Insights:
Based on the application, the global hydraulic cartridge valves for agriculture equipment market is segmented into hospital pharmacy, retail pharmacy, others and food processing. The hospital pharmacy segment dominated the overall market in 2017 owing to factors such as a high number of drug formulations that require single-use syringes for administration. Furthermore, an increasing number of hospitals across developing countries is expected to boost product demand over the forecast period.
The retail pharmacy application segment is anticipated to witness significant growth over the forecast period due to factors such as growing awareness about health issues among consumers and rising demand for pharmaceutical products from rural areas with little or no access to modern healthcare facilities. In addition, rapid urbanization coupled with limited land availability has led manufacturers in China and India adopt innovative techniques such as vertical farming which helps them meet their production targets without having much space available at all heights above ground level.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of a large number of manufacturers and distributors. The region is expected to witness moderate growth over the forecast period, which can be attributed to growing geriatric population and increasing healthcare expenditure. Moreover, technological advancements coupled with implementation of new products are also expected to drive demand for Hydraulic Cartridge Valve (HCV) over the forecast period.
Asia Pacific is anticipated to register significant growth during the projected period due its developing economies such as China, India, Indonesia & Thailand along with other Southeast Asian countries. In addition, favorable government initiatives pertaining towards establishment of modern healthcare facilities are also contributing towards increased demand for HCVs in this region thereby driving regional market growth. Furthermore rising prevalence of chronic diseases such as cardiovascular disorders and diabetes has led major pharmaceutical companies including Merck KGaA; Pfizer Inc.; Novartis AG; Sanofi SA; GlaxoSmithKline plc.; Bayer AG & Co., Ltd.
Growth Factors:
- Increasing demand for food owing to the growing population
- Rising income levels of people, especially in developing countries, which is resulting in an increase in demand for high-quality food products
- Technological advancements that are increasing the efficiency and productivity of agriculture equipment
- Government initiatives and subsidies encouraging the use of modern agricultural technology
- Growing awareness about the benefits of hydraulic cartridge valves among farmers
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Cartridge Valves for Agriculture Equipment Market Research Report
By Type
Tablet, Capsule, Injection
By Application
Hospital Pharmacy, Retail Pharmacy, Others
By Companies
AdvaCare Pharma, China Resources Shuanghe Limin Pharmaceutical (Jinan) Co., Ltd., Ruiyang Pharmaceutical Co., Ltd., Yichang Renfu Pharmaceutical Co., Ltd., Shandong Lukang Pharmaceutical Group Saite Co., Ltd., CommScope Pharmaceutical Co., Ltd., Beijing Shuanglu Pharmaceutical Co., Ltd., Beijing Sihuan Pharmaceutical Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Cartridge Valves for Agriculture Equipment Market Report Segments:
The global Hydraulic Cartridge Valves for Agriculture Equipment market is segmented on the basis of:
Types
Tablet, Capsule, Injection
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital Pharmacy, Retail Pharmacy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AdvaCare Pharma
- China Resources Shuanghe Limin Pharmaceutical (Jinan) Co., Ltd.
- Ruiyang Pharmaceutical Co., Ltd.
- Yichang Renfu Pharmaceutical Co., Ltd.
- Shandong Lukang Pharmaceutical Group Saite Co., Ltd.
- CommScope Pharmaceutical Co., Ltd.
- Beijing Shuanglu Pharmaceutical Co., Ltd.
- Beijing Sihuan Pharmaceutical Co., Ltd.
Highlights of The Hydraulic Cartridge Valves for Agriculture Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tablet
- Capsule
- Injection
- By Application:
- Hospital Pharmacy
- Retail Pharmacy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Cartridge Valves for Agriculture Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydraulic cartridge valves are used in agricultural equipment to control the flow of water, oil, or other fluid substances.
Some of the key players operating in the hydraulic cartridge valves for agriculture equipment market are AdvaCare Pharma, China Resources Shuanghe Limin Pharmaceutical (Jinan) Co., Ltd., Ruiyang Pharmaceutical Co., Ltd., Yichang Renfu Pharmaceutical Co., Ltd., Shandong Lukang Pharmaceutical Group Saite Co., Ltd., CommScope Pharmaceutical Co., Ltd., Beijing Shuanglu Pharmaceutical Co., Ltd., Beijing Sihuan Pharmaceutical Co., Ltd..
The hydraulic cartridge valves for agriculture equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Cartridge Valves for Agriculture Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Cartridge Valves for Agriculture Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Cartridge Valves for Agriculture Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Cartridge Valves for Agriculture Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Cartridge Valves for Agriculture Equipment Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Cartridge Valves for Agriculture Equipment Market Size and Y-o-Y Growth
4.5.2 Hydraulic Cartridge Valves for Agriculture Equipment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tablet
5.2.2 Capsule
5.2.3 Injection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital Pharmacy
6.2.2 Retail Pharmacy
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Cartridge Valves for Agriculture Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Cartridge Valves for Agriculture Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tablet
9.6.2 Capsule
9.6.3 Injection
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital Pharmacy
9.10.2 Retail Pharmacy
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tablet
10.6.2 Capsule
10.6.3 Injection
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital Pharmacy
10.10.2 Retail Pharmacy
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tablet
11.6.2 Capsule
11.6.3 Injection
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital Pharmacy
11.10.2 Retail Pharmacy
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tablet
12.6.2 Capsule
12.6.3 Injection
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital Pharmacy
12.10.2 Retail Pharmacy
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tablet
13.6.2 Capsule
13.6.3 Injection
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital Pharmacy
13.10.2 Retail Pharmacy
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Cartridge Valves for Agriculture Equipment Market: Competitive Dashboard
14.2 Global Hydraulic Cartridge Valves for Agriculture Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AdvaCare Pharma
14.3.2 China Resources Shuanghe Limin Pharmaceutical (Jinan) Co., Ltd.
14.3.3 Ruiyang Pharmaceutical Co., Ltd.
14.3.4 Yichang Renfu Pharmaceutical Co., Ltd.
14.3.5 Shandong Lukang Pharmaceutical Group Saite Co., Ltd.
14.3.6 CommScope Pharmaceutical Co., Ltd.
14.3.7 Beijing Shuanglu Pharmaceutical Co., Ltd.
14.3.8 Beijing Sihuan Pharmaceutical Co., Ltd.
