Charts & Stats

Global hydraulic component market [2018-2026] Middle East and Africa by End-Use

By End-Use, the market is segmented into Middle East and Africa, South Africa, Rest of Middle East and Africa, Saudi Arabia, and UAE (2018-2026)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global hydraulic component market [2018-2026] Middle East and Africa by End-Use — full underlying data
LabelMiddle East and AfricaSouth AfricaRest of Middle East and AfricaSaudi ArabiaUAE
20184424.508988 USD Mn593.3637564 USD Mn1212.370532 USD Mn1526.883215 USD Mn1091.891484 USD Mn
20194591.92 USD Mn611.643744 USD Mn1259.563656 USD Mn1588.80432 USD Mn1131.90828 USD Mn
20204767.750116 USD Mn630.7626969 USD Mn1309.166279 USD Mn1653.916186 USD Mn1173.904954 USD Mn
20214960.865882 USD Mn651.8659449 USD Mn1363.623034 USD Mn1725.321754 USD Mn1220.055149 USD Mn
20225171.841816 USD Mn674.9853258 USD Mn1423.107126 USD Mn1803.263797 USD Mn1270.485567 USD Mn
20235396.484788 USD Mn699.5332249 USD Mn1486.479194 USD Mn1886.319927 USD Mn1324.152443 USD Mn
20245655.722825 USD Mn728.1717026 USD Mn1559.522025 USD Mn1981.855341 USD Mn1386.173757 USD Mn
20255928.328666 USD Mn758.0995596 USD Mn1636.406461 USD Mn2082.498721 USD Mn1451.323924 USD Mn
20266215.032628 USD Mn789.3791945 USD Mn1717.346159 USD Mn2188.536738 USD Mn1519.770537 USD Mn

Data Source: Wantstats Repository

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Market Dynamics

Saudi Arabia accounted for the largest market share in 2019 in the Middle East and Africa hydraulic component market, and is expected to reach USD 2188.54 Million in 2026 from USD 1588.80 Million in 2019.This market is projected to grow at a CAGR of 4.78% during the forecast period from 2020 - 2026. mobile segment accounted for the larger market share in 2019, this market is expected to reach USD 3533.10 Million in 2026 from USD 2661.00 Million in 2019. This market is projected to grow at a CAGR of 4.23% during the forecast period from 2020 - 2026. However, industrial segment is the fastest growing market, which is expected to grow at a CAGR of 4.90% during the forecast period 2020 - 2026. construction segment accounted for the largest market share in 2019, this market is expected to reach USD 1735.00 Million in 2026 from USD 1236.10 Million in 2019. This market is projected to grow at a CAGR of 5.05% during the forecast period from 2020 - 2026. cylinder segment accounted for the largest market share in 2019, this market is expected to reach USD 1970.40 Million in 2026 from USD 1427.60 Million in 2019. This market is projected to grow at a CAGR of 4.81% 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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