Market Overview:
The global hydraulic tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydraulic tools in various industrial applications, such as oil, gas & petrochemical, electric utility, railway and others. Hydraulic cylinders and jacks are used extensively in these industries for various purposes such as tightening and loosening bolts/nuts, cutting metal sheets or pipes and separating components. In addition, the growing infrastructure development activities across the globe are also fueling the demand for hydraulic tools in construction applications. Regionally, North America is expected to lead the global hydraulic tools market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A hydraulic tool is a device that uses hydraulics to amplify or apply force. Hydraulic tools are often used in automotive and industrial applications for tasks such as cutting, pressing, and loosening bolts.
Hydraulic Cylinder & Jack:
Hydraulic cylinder & jack is a power assist device used in manual labor or material handling work. Hydraulic cylinders are widely used in construction, mining, agriculture and other heavy industries for lifting and positioning purposes. The product also finds its usage in automotive industry for performing maintenance and repair works.
Tightening and Loosening Tools:
Tightening and loosing tools are used in hydraulic tools market to adjust the tightness of a particular part. These two operations are performed by using different types of wrenches or torque screwdrivers. Tightening wrenches are generally used for compression while loosening is done for tension. The major application areas where these tools find significant use include heavy machinery, automotive, construction equipment and aircraft among others.
The global tightening.
Application Insights:
The demand for hydraulic tools is expected to witness growth in the railway application owing to its extensive use in maintenance and repair operations. The railway application segment held the largest market share of over 30% in 2017. This can be attributed to high production volumes, stringent regulations regarding safety and reliability, increasing number of rail projects across the globe, and growing emphasis on improving infrastructure.
The electric utility application segment is projected to expand at a CAGR of XX% from 2018 to 2030 due largelyto rapid industrialization & urbanization coupled with an increase in electricity generation capacity across various countries such as China India Japan Brazil etcetera which will resultantly boost product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of numerous end-users, along with developing infrastructure in countries such as China, India, Japan and South Korea has fueled the regional demand for hydraulic tools. Furthermore, increasing investments by governments in various sectors such as energy & power; transportation & logistics; construction; mining etc.; are anticipated to drive product demand over the next eight years.
The Asia Pacific region is characterized by a large number of manufacturers that cater to both domestic as well as export markets across various industries. However, stringent regulations regarding employee safety coupled with rising awareness about health & safety standards at work place are likely to result in higher adoption rates among users across developed economies including Japan and Australia rather than developing economies including China and India owing to lesser risks involved during operations compared to working without mechanized equipment or protective gear/toolsets.
Growth Factors:
- Increasing demand for hydraulic tools in the construction and automotive industries
- Growing popularity of hydraulic tools among DIY enthusiasts and hobbyists
- Rising awareness about the benefits of using hydraulic tools over traditional tools
- Technological advancements in hydraulic tool design and manufacturing processes
- Growing demand for portable and lightweight hydraulic tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Tools Market Research Report
By Type
Hydraulic Cylinder & Jack, Tightening and Loosening Tools, Cutting Tools, Separating Tools
By Application
Industrial Manufacturing, Oil, Gas & Petrochemical, Electric Utility, Railway, Others
By Companies
Actuant, Atlas Copco, SPX Flow, Kudos Mechanical, Greenlee, Lukas Hydraulik, HTL Group, Shinn Fu, Hi-Force, Cembre, Wren Hydraulic Equipment, Yindu Hydraulic Tools, Juli Tool, Primo, Powerram, Daejin, Tai Cheng Hydraulic, Racine
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Tools Market Report Segments:
The global Hydraulic Tools market is segmented on the basis of:
Types
Hydraulic Cylinder & Jack, Tightening and Loosening Tools, Cutting Tools, Separating Tools
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
Industrial Manufacturing, Oil, Gas & Petrochemical, Electric Utility, Railway, 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:
- Actuant
- Atlas Copco
- SPX Flow
- Kudos Mechanical
- Greenlee
- Lukas Hydraulik
- HTL Group
- Shinn Fu
- Hi-Force
- Cembre
- Wren Hydraulic Equipment
- Yindu Hydraulic Tools
- Juli Tool
- Primo
- Powerram
- Daejin
- Tai Cheng Hydraulic
- Racine
Highlights of The Hydraulic Tools 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:
- Hydraulic Cylinder & Jack
- Tightening and Loosening Tools
- Cutting Tools
- Separating Tools
- By Application:
- Industrial Manufacturing
- Oil, Gas & Petrochemical
- Electric Utility
- Railway
- 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 Tools 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 tools are a type of power tool that use hydraulic fluid to move the tool's cutting head and other parts. Hydraulic tools are used for a variety of tasks, including woodworking, metalworking, and construction.
Some of the key players operating in the hydraulic tools market are Actuant, Atlas Copco, SPX Flow, Kudos Mechanical, Greenlee, Lukas Hydraulik, HTL Group, Shinn Fu, Hi-Force, Cembre, Wren Hydraulic Equipment, Yindu Hydraulic Tools, Juli Tool, Primo, Powerram, Daejin, Tai Cheng Hydraulic, Racine.
The hydraulic tools market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Tools 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 Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Tools Market - Supply Chain
4.5. Global Hydraulic Tools Market Forecast
4.5.1. Hydraulic Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Tools Market Absolute $ Opportunity
5. Global Hydraulic Tools 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 Tools Market Size and Volume Forecast by Type
5.3.1. Hydraulic Cylinder & Jack
5.3.2. Tightening and Loosening Tools
5.3.3. Cutting Tools
5.3.4. Separating Tools
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Tools 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 Tools Market Size and Volume Forecast by Application
6.3.1. Industrial Manufacturing
6.3.2. Oil, Gas & Petrochemical
6.3.3. Electric Utility
6.3.4. Railway
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Tools 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 Tools 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 Tools 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 Tools 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 Tools Demand Share Forecast, 2019-2026
9. North America Hydraulic Tools 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 Tools 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 Tools Market Size and Volume Forecast by Application
9.4.1. Industrial Manufacturing
9.4.2. Oil, Gas & Petrochemical
9.4.3. Electric Utility
9.4.4. Railway
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Tools Market Size and Volume Forecast by Type
9.7.1. Hydraulic Cylinder & Jack
9.7.2. Tightening and Loosening Tools
9.7.3. Cutting Tools
9.7.4. Separating Tools
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 Tools Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Tools 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 Tools 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 Tools Market Size and Volume Forecast by Application
10.4.1. Industrial Manufacturing
10.4.2. Oil, Gas & Petrochemical
10.4.3. Electric Utility
10.4.4. Railway
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Tools Market Size and Volume Forecast by Type
10.7.1. Hydraulic Cylinder & Jack
10.7.2. Tightening and Loosening Tools
10.7.3. Cutting Tools
10.7.4. Separating Tools
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 Tools Demand Share Forecast, 2019-2026
11. Europe Hydraulic Tools 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 Tools 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 Tools Market Size and Volume Forecast by Application
11.4.1. Industrial Manufacturing
11.4.2. Oil, Gas & Petrochemical
11.4.3. Electric Utility
11.4.4. Railway
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Tools Market Size and Volume Forecast by Type
11.7.1. Hydraulic Cylinder & Jack
11.7.2. Tightening and Loosening Tools
11.7.3. Cutting Tools
11.7.4. Separating Tools
11.8. Basis 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 Tools Demand Share, 2019-2026
12. Asia Pacific Hydraulic Tools 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 Tools 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 Tools Market Size and Volume Forecast by Application
12.4.1. Industrial Manufacturing
12.4.2. Oil, Gas & Petrochemical
12.4.3. Electric Utility
12.4.4. Railway
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Tools Market Size and Volume Forecast by Type
12.7.1. Hydraulic Cylinder & Jack
12.7.2. Tightening and Loosening Tools
12.7.3. Cutting Tools
12.7.4. Separating Tools
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 Tools Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Tools 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 Tools 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 Tools Market Size and Volume Forecast by Application
13.4.1. Industrial Manufacturing
13.4.2. Oil, Gas & Petrochemical
13.4.3. Electric Utility
13.4.4. Railway
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Tools Market Size and Volume Forecast by Type
13.7.1. Hydraulic Cylinder & Jack
13.7.2. Tightening and Loosening Tools
13.7.3. Cutting Tools
13.7.4. Separating Tools
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 Tools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Tools Market: Market Share Analysis
14.2. Hydraulic Tools Distributors and Customers
14.3. Hydraulic Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Actuant
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atlas Copco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SPX Flow
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kudos Mechanical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Greenlee
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lukas Hydraulik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HTL Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shinn Fu
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hi-Force
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Cembre
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wren Hydraulic Equipment
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yindu Hydraulic Tools
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Juli Tool
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Primo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Powerram
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Daejin
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Tai Cheng Hydraulic
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Racine
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
