Market Overview:
The global hydraulic fittings and adapters 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 hydraulic fittings and adapters in engineering machinery, mining, and industrial applications. Steel is the most commonly used material for manufacturing hydraulic fittings and adapters owing to its high strength-to-weight ratio. However, brass is also gaining popularity due to its corrosion resistance properties. North America accounted for the largest share of the global hydraulic fittings and adapters market in 2017, followed by Europe and Asia Pacific.
Product Definition:
A hydraulic fitting is a device that allows for the connection of two hoses so that fluid can flow between them. A hydraulic adapter is a fitting that allows for the connection of two different types of hose, usually allowing for a more secure and leak-free connection. Hydraulic fittings and adapters are important because they allow for the efficient transfer of fluid from one place to another, without risking leakage or damage to the hoses themselves.
Steel:
Steel is a alloy of iron and carbon. It has high tensile strength and ductility, but low malleability. Steel fittings & adapters are used in hydraulic systems to provide resistance to corrosion, wear & tear, thermal expansion and contraction due to temperature changes in the system.
Brass:
Brass is an alloy of copper and zinc, generally used in hydraulic fittings and adapters due to its characteristics such as high corrosion resistance, good electrical conductivity, low coefficient of expansion and contraction along with excellent strength.
Application Insights:
Engineering machinery was the largest application segment in 2017 and accounted for a market share of over 50% in terms of revenue. The growth can be attributed to increasing demand from construction, automotive and mining sectors. In addition, growing emphasis on industrialization along with rapid urbanization is expected to drive the product demand over the forecast period.
The mining application segment is projected to witness significant growth during the forecast period owing to rising demand for drilling equipment including mud motors, rotary kilns and circulation systems among others at an affordable cost by various companies such as Caterpillar Inc., Deere & Co., etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturing industries, which require hydraulic machinery for production facilities. Furthermore, increasing infrastructure activities in developing countries such as China and India are likely to drive product demand over the next eight years.
The growing construction industry coupled with rising government spending on infrastructural projects is projected to boost industrial production across Asia Pacific economies such as China, India, Indonesia and Vietnam. This scenario is anticipated to provide growth opportunities for manufacturers across various sectors including automotive, mining & oil & gas industries requiring HVAC equipment or components etc.
Europe was estimated at USD X million in 2017 owing to presence of major automobile manufacturers along with numerous OEMs involved in manufacturing different types of machines required for production facilities including CNC machines etc.
Growth Factors:
- Increasing demand from the construction and automotive industries
- Growing popularity of hydraulic systems in various applications
- Rising investments in research and development activities by leading players to develop new products
- Proliferation of online sales channels that offer a wide range of hydraulic fittings and adapters
- Expansion of global trade, which is resulting in an increase in the number of imports and exports
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Fittings and Adapters Market Research Report
By Type
Steel, Brass
By Application
Engineering Machinery, Mining, Industrial Application
By Companies
Tompkins Industries, Lenz, Alfagomma, Parker Hannifin, Gates, Burnett and Hillman, Eaton, USC Hydraulics, HANSA-FLEX, FOR fittings, Continental, RYCO, Grainger
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Fittings and Adapters Market Report Segments:
The global Hydraulic Fittings and Adapters market is segmented on the basis of:
Types
Steel, Brass
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
Engineering Machinery, Mining, Industrial Application
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:
- Tompkins Industries
- Lenz
- Alfagomma
- Parker Hannifin
- Gates
- Burnett and Hillman
- Eaton
- USC Hydraulics
- HANSA-FLEX
- FOR fittings
- Continental
- RYCO
- Grainger
Highlights of The Hydraulic Fittings and Adapters 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:
- Steel
- Brass
- By Application:
- Engineering Machinery
- Mining
- Industrial Application
- 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 Fittings and Adapters 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 fittings and adapters are devices that allow fluid to be transferred between two or more different types of pipes. They can be used in a variety of applications, including water, gas, oil, and hydraulic fluids.
Some of the major companies in the hydraulic fittings and adapters market are Tompkins Industries, Lenz, Alfagomma, Parker Hannifin, Gates, Burnett and Hillman, Eaton, USC Hydraulics, HANSA-FLEX, FOR fittings, Continental, RYCO, Grainger.
The hydraulic fittings and adapters market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Fittings and Adapters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Fittings and Adapters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Fittings and Adapters Market - Supply Chain
4.5. Global Hydraulic Fittings and Adapters Market Forecast
4.5.1. Hydraulic Fittings and Adapters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Fittings and Adapters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Fittings and Adapters Market Absolute $ Opportunity
5. Global Hydraulic Fittings and Adapters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Fittings and Adapters Market Size and Volume Forecast by Type
5.3.1. Steel
5.3.2. Brass
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Fittings and Adapters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Fittings and Adapters Market Size and Volume Forecast by Application
6.3.1. Engineering Machinery
6.3.2. Mining
6.3.3. Industrial Application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Fittings and Adapters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Fittings and Adapters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Fittings and Adapters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Fittings and Adapters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Fittings and Adapters Demand Share Forecast, 2019-2026
9. North America Hydraulic Fittings and Adapters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Fittings and Adapters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Fittings and Adapters Market Size and Volume Forecast by Application
9.4.1. Engineering Machinery
9.4.2. Mining
9.4.3. Industrial Application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Fittings and Adapters Market Size and Volume Forecast by Type
9.7.1. Steel
9.7.2. Brass
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Fittings and Adapters Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Fittings and Adapters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Fittings and Adapters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Fittings and Adapters Market Size and Volume Forecast by Application
10.4.1. Engineering Machinery
10.4.2. Mining
10.4.3. Industrial Application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Fittings and Adapters Market Size and Volume Forecast by Type
10.7.1. Steel
10.7.2. Brass
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Fittings and Adapters Demand Share Forecast, 2019-2026
11. Europe Hydraulic Fittings and Adapters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Fittings and Adapters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Fittings and Adapters Market Size and Volume Forecast by Application
11.4.1. Engineering Machinery
11.4.2. Mining
11.4.3. Industrial Application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Fittings and Adapters Market Size and Volume Forecast by Type
11.7.1. Steel
11.7.2. Brass
11.8. Bais Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Fittings and Adapters Demand Share, 2019-2026
12. Asia Pacific Hydraulic Fittings and Adapters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Fittings and Adapters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Fittings and Adapters Market Size and Volume Forecast by Application
12.4.1. Engineering Machinery
12.4.2. Mining
12.4.3. Industrial Application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Fittings and Adapters Market Size and Volume Forecast by Type
12.7.1. Steel
12.7.2. Brass
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Fittings and Adapters Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Fittings and Adapters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Fittings and Adapters Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Fittings and Adapters Market Size and Volume Forecast by Application
13.4.1. Engineering Machinery
13.4.2. Mining
13.4.3. Industrial Application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Fittings and Adapters Market Size and Volume Forecast by Type
13.7.1. Steel
13.7.2. Brass
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Fittings and Adapters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Fittings and Adapters Market: Market Share Analysis
14.2. Hydraulic Fittings and Adapters Distributors and Customers
14.3. Hydraulic Fittings and Adapters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Tompkins Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lenz
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Alfagomma
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Parker Hannifin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gates
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Burnett and Hillman
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Eaton
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. USC Hydraulics
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HANSA-FLEX
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FOR fittings
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Continental
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RYCO
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Grainger
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
