Market Overview:
The global hydraulic cartridge valves for construction machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for hydraulic cartridge valves for construction machinery from end-use industries such as cranes, excavators, loaders, and others. In addition, the growing demand for screw-in cartridge valves and slip-in cartridge valves in the global hydraulic cartridge valves for construction machinery market is another key factor driving the market growth. However, volatility in raw material prices may restrain the growth of this market during the forecast period.
Product Definition:
A hydraulic cartridge valve is a type of directional control valve that uses a cartridge as the actuator. This type of valve is often used in construction machinery, such as excavators and bulldozers, because it can withstand the harsh conditions and wear and tear that can occur in these applications.
Screw-in Cartridge Valve:
Screw-in cartridge valve, also known as SIOV or sliding seat valve, is a type of pressure control device installed in the flow line of a hydraulic system. It slides into an open position within the hydraulic chamber and can be manually operated through the use of a handle or automatically by means of an actuator.
The demand for SIOVs is increasing globally on account rising need to control & monitor fluid pressure in process industries such as oil & gas extraction.
Slip-in Cartridge Valve:
Slip-in cartridge valve is a type of hydraulic cartridge valve, which can be installed in the open and closed position. It has an integrated spooling mechanism that enables it to self- Windup when released. The slip-in type offers several advantages over the conventional types such as it requires minimum force for its operation, thus making it suitable for use in high pressure situations; also provides increased safety by preventing accidental opening due to lost handle or connection.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is anticipated to witness significant growth over the forecast period. Other applications include pumps, turbines, marine engines and compressors. The demand for hydraulic cartridge valves is expected to increase due to their ability to control pressure as well as flow of fluids with ease. These are widely used in construction machinery owing to benefits such as compact design, high reliability and easy maintenance which are likely drive their demand further during the forecast period.
Cranes were estimated as one of the major application segments in 2017 owing to increasing infrastructure activities across various regions coupled with rising need for industrialization & urbanization which has resulted in growing demand for cranes from past few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in infrastructure activities, which has led to an increase in demand for construction machinery. China is one of the largest markets for industrial valves and it accounted for a share of more than 30% of total regional volume in 2017 owing to large-scale production facilities set up by domestic manufacturers coupled with low manufacturing cost compared to other regions.
North America also held a significant market share followed by Europe due to high demand from countries such as U.S., Canada, and Mexico on account of growing construction industry after recovery from recession around 2009-2010 period. Middle East & Africa is anticipated to grow at fastest CAGR over the forecast period owing rising government investments on public infrastructure projects such as airports, seaports, hospitals buildings etc.
Growth Factors:
- Increasing demand for hydraulic cartridge valves for construction machinery from the developing countries owing to the growth of their infrastructure and construction sector.
- Growing demand for energy-efficient and high-performance hydraulic cartridge valves in construction machinery from the developed countries.
- Technological advancements in hydraulic cartridge valves that offer improved performance, efficiency, and reliability over traditional designs.
- Rising adoption of hydraulics in construction equipment due to its advantages such as increased power density, faster cycle times, and reduced emissions levels compared to other drive systems such as electric or diesel engines
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Cartridge Valves for Construction Machinery Market Research Report
By Type
Screw-in Cartridge Valve, Slip-in Cartridge Valve
By Application
Cranes, Excavator, Loaders, Others
By Companies
HydraForce, Sun, Parker, Bosch-Rexroth, Eaton, Bucher, Comatrol(Danfoss), Moog, Hydac, Delta, Walvoil, Hawe, YUKEN, Haihong Hydraulics
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Cartridge Valves for Construction Machinery Market Report Segments:
The global Hydraulic Cartridge Valves for Construction Machinery market is segmented on the basis of:
Types
Screw-in Cartridge Valve, Slip-in Cartridge Valve
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
Cranes, Excavator, Loaders, 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:
- HydraForce
- Sun
- Parker
- Bosch-Rexroth
- Eaton
- Bucher
- Comatrol(Danfoss)
- Moog
- Hydac
- Delta
- Walvoil
- Hawe
- YUKEN
- Haihong Hydraulics
Highlights of The Hydraulic Cartridge Valves for Construction Machinery 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:
- Screw-in Cartridge Valve
- Slip-in Cartridge Valve
- By Application:
- Cranes
- Excavator
- Loaders
- 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 Construction Machinery 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.
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- Correctly Positioning New Products
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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 construction machinery to control the flow of fluids. These valves are typically used to control the flow of water, oil, and other liquids.
Some of the major players in the hydraulic cartridge valves for construction machinery market are HydraForce, Sun, Parker, Bosch-Rexroth, Eaton, Bucher, Comatrol(Danfoss), Moog, Hydac, Delta, Walvoil, Hawe, YUKEN, Haihong Hydraulics.
The hydraulic cartridge valves for construction machinery market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Cartridge Valves for Construction Machinery 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 Construction Machinery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Cartridge Valves for Construction Machinery 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 Construction Machinery 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 Construction Machinery Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Cartridge Valves for Construction Machinery Market Size and Y-o-Y Growth
4.5.2 Hydraulic Cartridge Valves for Construction Machinery 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 Screw-in Cartridge Valve
5.2.2 Slip-in Cartridge Valve
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 Cranes
6.2.2 Excavator
6.2.3 Loaders
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Cartridge Valves for Construction Machinery 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 Construction Machinery 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 Screw-in Cartridge Valve
9.6.2 Slip-in Cartridge Valve
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 Cranes
9.10.2 Excavator
9.10.3 Loaders
9.10.4 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 Screw-in Cartridge Valve
10.6.2 Slip-in Cartridge Valve
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 Cranes
10.10.2 Excavator
10.10.3 Loaders
10.10.4 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 Screw-in Cartridge Valve
11.6.2 Slip-in Cartridge Valve
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 Cranes
11.10.2 Excavator
11.10.3 Loaders
11.10.4 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 Screw-in Cartridge Valve
12.6.2 Slip-in Cartridge Valve
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 Cranes
12.10.2 Excavator
12.10.3 Loaders
12.10.4 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 Screw-in Cartridge Valve
13.6.2 Slip-in Cartridge Valve
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 Cranes
13.10.2 Excavator
13.10.3 Loaders
13.10.4 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 Construction Machinery Market: Competitive Dashboard
14.2 Global Hydraulic Cartridge Valves for Construction Machinery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HydraForce
14.3.2 Sun
14.3.3 Parker
14.3.4 Bosch-Rexroth
14.3.5 Eaton
14.3.6 Bucher
14.3.7 Comatrol(Danfoss)
14.3.8 Moog
14.3.9 Hydac
14.3.10 Delta
14.3.11 Walvoil
14.3.12 Hawe
14.3.13 YUKEN
14.3.14 Haihong Hydraulics
