Charts & Stats

Global hydraulic component market [2018-2026] by Asia Pacific

By Asia Pacific, the market is segmented into Asia Pacific, China, India, Japan, South Korea, and Rest of Asia Pacific (2018-2026)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global hydraulic component market [2018-2026] by Asia Pacific — full underlying data
LabelAsia PacificChinaIndiaJapanSouth KoreaRest of Asia Pacific
201813351.67828 USD Mn3384.224156 USD Mn2441.275506 USD Mn2955.761515 USD Mn1740.665591 USD Mn2829.751507 USD Mn
201913953.372 USD Mn3544.156488 USD Mn2553.467076 USD Mn3083.695212 USD Mn1813.93836 USD Mn2958.114864 USD Mn
202014588.56005 USD Mn3713.227363 USD Mn2671.982884 USD Mn3218.57359 USD Mn1891.122433 USD Mn3093.653775 USD Mn
202115285.17834 USD Mn3898.611876 USD Mn2801.959861 USD Mn3366.512789 USD Mn1975.793699 USD Mn3242.30011 USD Mn
202216046.20512 USD Mn4101.164784 USD Mn2943.973484 USD Mn3528.099629 USD Mn2068.270285 USD Mn3404.696941 USD Mn
202316859.78942 USD Mn4317.948519 USD Mn3095.878122 USD Mn3700.661732 USD Mn2166.960354 USD Mn3578.34069 USD Mn
202417792.76277 USD Mn4566.192497 USD Mn3269.981176 USD Mn3898.785787 USD Mn2280.37397 USD Mn3777.429342 USD Mn
202518780.26111 USD Mn4829.398905 USD Mn3454.408114 USD Mn4108.150584 USD Mn2400.093604 USD Mn3988.209899 USD Mn
202619825.62323 USD Mn5108.507932 USD Mn3649.799627 USD Mn4329.425981 USD Mn2526.488169 USD Mn4211.40152 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

China accounted for the largest market share in 2019 in the Asia Pacific hydraulic component market, and is expected to reach USD 5108.51 Million in 2026 from USD 3544.16 Million in 2019.This market is projected to grow at a CAGR of 5.46% during the forecast period from 2020 - 2026. construction segment accounted for the largest market share in 2019, this market is expected to reach USD 5826.60 Million in 2026 from USD 3979.50 Million in 2019. This market is projected to grow at a CAGR of 5.69% during the forecast period from 2020 - 2026. However, material handling segment is the fastest growing market, which is expected to grow at a CAGR of 5.78% during the forecast period 2020 - 2026. cylinder segment accounted for the largest market share in 2019, this market is expected to reach USD 6344.00 Million in 2026 from USD 4352.10 Million in 2019. This market is projected to grow at a CAGR of 5.63% during the forecast period from 2020 - 2026. mobile segment accounted for the larger market share in 2019, this market is expected to reach USD 11301.30 Million in 2026 from USD 8106.90 Million in 2019. This market is projected to grow at a CAGR of 4.96% during the forecast period from 2020 - 2026. However, industrial segment is the fastest growing market, which is expected to grow at a CAGR of 5.63% during the forecast period 2020 - 2026.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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Strategy & Business Development Director, Dogan Holding

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Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.