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Hydraulic Tools Market Report by Type, Distribution Channel, End User, and Region 2024-2032

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    Report

  • 140 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5577914
Description Jump to:
The global hydraulic tools market size reached US$ 1.60 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 2.30 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2023-2032.

Hydraulic tools are high-powered tools widely used to operate hydraulic machinery with pressurized fluid. They are also utilized in tunneling and mining, constructing roads and highways, creating barriers and fences, securing street signs to metal posts, and powering construction cranes to facilitate the movement of large and heavy items. They are strong, portable, flexible and can be hooked onto a hydraulic power unit or a hydraulic system for various industrial purposes. They rely on hydraulic tubes to move the fluid into the actuator and transfer the pressure stored to moving parts of the machine.

Hydraulic Tools Market Trends:

The expanding construction sector, along with rapid industrialization across the globe, represents one of the key factors driving the market. Moreover, the escalating demand for material handling equipment in oil and gas, marine, automotive, and railway industries is stimulating the growth of the market. In addition, there is a rise in the integration of electronics with hydraulic cylinders to increase accuracy, functionality, and improvements in controlled performance. This, coupled with technological developments in tools and machineries that are used in core construction of the infrastructure industry, is catalyzing the demand for hydraulic tools around the world. Besides this, governments of several countries are extensively investing in the infrastructure of sports and facilities, which is positively influencing the market. Additionally, major manufacturers in the hydraulic ecosystem are continuously investing in research and development (R&D) activities to upgrade hydraulic equipment and offer better solutions to users. These initiatives, in confluence with the rising employment of hydraulic tools in the agriculture industry for producing crops and livestock management, are projected to bolster the market growth.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global hydraulic tools market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, distribution channel and end user.

Breakup by Type:

Hydraulic Cylinder and Jack
Hydraulic Rescue Tools
Tension and Torque Tools
Others

Breakup by Distribution Channel:

Online
Offline

Breakup by End User:

Industrial Manufacturing
Oil and Gas and Petrochemical
Utility
Railway
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Atlas Copco North America LLC, BVA Hydraulics, Cembre S.p.A. (Lysne S.P.A.), Emerson Electric Co., Enerpac Tool Group Corp., Hangzhou WREN Hydraulic Equipment Manufacture Co. Ltd., Hi-Force Limited, HTL Group Ltd., Kudos Mechanical Co. Ltd., LUKAS Hydraulik GmbH (IDEX Corporation), SPX Flow Inc., Super Unique Enterprise Co. Ltd. and Tai Cheng Hydraulic Industry Co. Ltd.

Key Questions Answered in This Report

1. What was the size of the global hydraulic tools market in 2023?
2. What is the expected growth rate of the global hydraulic tools market during 2024-2032?
3. What are the key factors driving the global hydraulic tools market?
4. What has been the impact of COVID-19 on the global hydraulic tools market?
5. What is the breakup of the global hydraulic tools market based on the end user?
6. What are the key regions in the global hydraulic tools market?
7. Who are the key players/companies in the global hydraulic tools market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Hydraulic Tools Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Hydraulic Cylinder and Jack
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Hydraulic Rescue Tools
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Tension and Torque Tools
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Distribution Channel
7.1 Online
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Offline
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Industrial Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oil and Gas and Petrochemical
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Utility
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Railway
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Atlas Copco North America LLC
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 BVA Hydraulics
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Cembre S.p.A. (Lysne S.P.A.)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Emerson Electric Co.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Enerpac Tool Group Corp.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Hangzhou WREN Hydraulic Equipment Manufacture Co. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Hi-Force Limited
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 HTL Group Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Kudos Mechanical Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 LUKAS Hydraulik GmbH (IDEX Corporation)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 SPX Flow Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Super Unique Enterprise Co. Ltd.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Tai Cheng Hydraulic Industry Co. Ltd.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Hydraulic Tools Market: Major Drivers and Challenges
Figure 2: Global: Hydraulic Tools Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Hydraulic Tools Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Hydraulic Tools Market: Breakup by Type (in %), 2023
Figure 5: Global: Hydraulic Tools Market: Breakup by Distribution Channel (in %), 2023
Figure 6: Global: Hydraulic Tools Market: Breakup by End User (in %), 2023
Figure 7: Global: Hydraulic Tools Market: Breakup by Region (in %), 2023
Figure 8: Global: Hydraulic Tools (Hydraulic Cylinder and Jack) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Hydraulic Tools (Hydraulic Cylinder and Jack) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Hydraulic Tools (Hydraulic Rescue Tools) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Hydraulic Tools (Hydraulic Rescue Tools) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Hydraulic Tools (Tension and Torque Tools) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Hydraulic Tools (Tension and Torque Tools) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Hydraulic Tools (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Hydraulic Tools (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Hydraulic Tools (Online) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Hydraulic Tools (Online) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Hydraulic Tools (Offline) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Hydraulic Tools (Offline) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Hydraulic Tools (Industrial Manufacturing) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Hydraulic Tools (Industrial Manufacturing) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Hydraulic Tools (Oil and Gas and Petrochemical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Hydraulic Tools (Oil and Gas and Petrochemical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Hydraulic Tools (Utility) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Hydraulic Tools (Utility) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Global: Hydraulic Tools (Railway) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Global: Hydraulic Tools (Railway) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Global: Hydraulic Tools (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Global: Hydraulic Tools (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: North America: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: North America: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: United States: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: United States: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: Canada: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: Canada: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Asia-Pacific: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Asia-Pacific: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: China: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: China: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Japan: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Japan: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: India: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: India: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: South Korea: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: South Korea: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Australia: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Australia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Indonesia: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Indonesia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Europe: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Europe: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Germany: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Germany: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: France: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: France: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: United Kingdom: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: United Kingdom: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Italy: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Italy: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Spain: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Spain: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Russia: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Russia: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Latin America: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Latin America: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Brazil: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Brazil: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Mexico: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Mexico: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 74: Others: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 75: Others: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 76: Middle East and Africa: Hydraulic Tools Market: Sales Value (in Million US$), 2018 & 2023
Figure 77: Middle East and Africa: Hydraulic Tools Market: Breakup by Country (in %), 2023
Figure 78: Middle East and Africa: Hydraulic Tools Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Global: Hydraulic Tools Industry: SWOT Analysis
Figure 80: Global: Hydraulic Tools Industry: Value Chain Analysis
Figure 81: Global: Hydraulic Tools Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Hydraulic Tools Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Hydraulic Tools Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Hydraulic Tools Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
Table 4: Global: Hydraulic Tools Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 5: Global: Hydraulic Tools Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Hydraulic Tools Market: Competitive Structure
Table 7: Global: Hydraulic Tools Market: Key Players

Companies Mentioned

  • Atlas Copco North America LLC
  • BVA Hydraulics
  • Cembre S.p.A. (Lysne S.P.A.)
  • Emerson Electric Co. Enerpac Tool Group Corp.
  • Hangzhou WREN Hydraulic Equipment Manufacture Co. Ltd.
  • Hi-Force Limited
  • HTL Group Ltd.
  • Kudos Mechanical Co. Ltd.
  • LUKAS Hydraulik GmbH (IDEX Corporation)
  • SPX Flow Inc.
  • Super Unique Enterprise Co. Ltd.
  • Tai Cheng Hydraulic Industry Co. Ltd.

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 1.6 Billion
Forecasted Market Value ( USD ) by 2032 $ 2.3 Billion
Compound Annual Growth Rate4.1%
Regions CoveredGlobal
No. of Companies Mentioned12

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About the Hydraulic Tool Market

The Hydraulic Tool market within the context of Hand Tools is a specialized segment of the larger hand tool industry. Hydraulic tools are powered by pressurized hydraulic fluid, which is used to generate force and motion. This type of tool is used in a variety of applications, such as automotive repair, construction, and industrial maintenance. Hydraulic tools are typically more powerful than traditional hand tools, and are designed to be used in more demanding applications. Hydraulic tools are typically more expensive than traditional hand tools, and require specialized training and safety protocols to use safely. They are also more difficult to maintain and repair, and require regular maintenance and inspection to ensure proper operation. Some of the major companies in the Hydraulic Tool market include Enerpac, Hi-Force, SPX FLOW, and Stanley Infrastructure. These companies specialize in the design, manufacture, and distribution of hydraulic tools for a variety of applications. Show Less Read more

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