Charts & Stats

Global hydraulic component market [2018-2026] Europe by End-Use

By End-Use, the market is segmented into Europe, Germany, Spain, France, United Kingdom, Italy, and Rest of Europe (2018-2026)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global hydraulic component market [2018-2026] Europe by End-Use — full underlying data
LabelEuropeGermanySpainFranceUnited KingdomItalyRest of Europe
20189509.075903 USD Mn2379.529301 USD Mn933.4033357 USD Mn1560.97057 USD Mn2012.675375 USD Mn1261.185417 USD Mn1361.311905 USD Mn
20199915.948 USD Mn2490.886138 USD Mn967.7965248 USD Mn1626.215472 USD Mn2102.180976 USD Mn1308.905136 USD Mn1419.963754 USD Mn
202010344.75258 USD Mn2608.48535 USD Mn1003.895965 USD Mn1694.928581 USD Mn2196.627472 USD Mn1359.024681 USD Mn1481.790532 USD Mn
202110815.10658 USD Mn2737.346407 USD Mn1043.561834 USD Mn1770.310909 USD Mn2300.210323 USD Mn1414.071419 USD Mn1549.605683 USD Mn
202211328.83485 USD Mn2878.041829 USD Mn1086.904565 USD Mn1852.641699 USD Mn2413.36179 USD Mn1474.209114 USD Mn1623.675854 USD Mn
202311877.29833 USD Mn3028.481212 USD Mn1133.033146 USD Mn1940.489518 USD Mn2534.284068 USD Mn1538.242534 USD Mn1702.767847 USD Mn
202412507.24106 USD Mn3200.713414 USD Mn1186.329291 USD Mn2041.468125 USD Mn2673.003889 USD Mn1612.137113 USD Mn1793.589223 USD Mn
202513172.62628 USD Mn3383.129314 USD Mn1242.324033 USD Mn2148.032762 USD Mn2819.751803 USD Mn1689.842122 USD Mn1889.546246 USD Mn
202613875.54997 USD Mn3576.354107 USD Mn1301.162401 USD Mn2260.508701 USD Mn2975.015002 USD Mn1771.565734 USD Mn1990.944026 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

Germany accounted for the largest market share in 2019 in the Europe hydraulic component market, and is expected to reach USD 3576.35 Million in 2026 from USD 2490.89 Million in 2019.This market is projected to grow at a CAGR of 5.40% during the forecast period from 2020 - 2026. mobile segment accounted for the larger market share in 2019, this market is expected to reach USD 7922.80 Million in 2026 from USD 5771.10 Million in 2019. This market is projected to grow at a CAGR of 4.73% during the forecast period from 2020 - 2026. However, industrial segment is the fastest growing market, which is expected to grow at a CAGR of 5.41% during the forecast period 2020 - 2026. construction segment accounted for the largest market share in 2019, this market is expected to reach USD 3797.60 Million in 2026 from USD 2626.70 Million in 2019. This market is projected to grow at a CAGR of 5.50% 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 5.51% during the forecast period 2020 - 2026. cylinder segment accounted for the largest market share in 2019, this market is expected to reach USD 4549.50 Million in 2026 from USD 3175.10 Million in 2019. This market is projected to grow at a CAGR of 5.37% during the forecast period from 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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