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3. Hydraulics Companies - Bosch Rexorth AG (Germany) and Danfoss (Denmark) are the Key Players

The global hydraulics market size is expected to grow from USD 42.5 billion in 2023 to USD 50.5 billion by 2028, at a CAGR of 3.5%. Hydraulics refers to the mechanical operation that utilizes the force generated by liquid pressure. Within hydraulic systems, motion is executed by confined liquid that is pumped, commonly moving pistons through cylinders. This technology empowers operators to perform various tasks, such as rotating shafts, lifting substantial weights, and drilling precise holes. Its utility spans industrial and mobile equipment utilized in construction, aerospace, defense, material handling, automotive, agriculture, mining, oil & gas, and marine industries, facilitating enhanced productivity and minimized downtime.

Hydraulics companies include:

• Enerpac Tool Group (US),
• Bosch Rexorth AG (Germany),
• Danfoss (Denmark),
• Hydac International GmbH (Germany),
• Kawasaki Heavy Industries, Ltd. (Japan),
• KYB Corporation (Japan),
• SMC Corporation (Japan),
• Parker-Hannifin Corporation (US),
• Wipro Enterprises (India),
• Caterpillar (US)

To know about the assumptions considered for the study download the pdf brochure

Bosch Rexroth AG

Bosch Rexroth, a subsidiary of Bosch, a diversified manufacturer involved in automotive components, consumer electronics, building technologies, and industrial solutions, supports its clients in overcoming mechanical and plant engineering challenges by employing advanced technology. The company boasts an extensive array of products applicable across industries, including mobile applications, machinery applications and engineering, and factory automation. Within its product group of industrial hydraulics, Bosch Rexroth provides hydraulic equipment encompassing pumps, motors, on/off valves, proportional valves, high-response servo-valves, manifolds, plates, electronics, systems, power units, sensors, signal transmitters, accumulators, filters, oil treatment systems, cooling and heating elements, as well as tools and configurators. Additionally, the company manufactures a diverse range of hydraulic cylinders, comprising standard hydraulic cylinders, application-specific cylinders, and highly tailored customer-specific hydraulic cylinders.

Danfoss

Danfoss engages in researching, developing, manufacturing, and providing sales and services for a range of mechanical and electronic products. The company operates within three key segments: Danfoss Power Solutions, Danfoss Climate Solutions, and Danfoss Drives. Danfoss prioritizes investments in digitalization, innovation, and energy efficiency to craft sustainable solutions. Danfoss Power Solutions specializes in top-tier mobile hydraulics tailored for construction, agriculture, and various off-highway vehicle markets. Across industries like automotive, marine and offshore, water and wastewater management, district energy, energy sectors, residential buildings, and mobile hydraulics, Danfoss offers a diverse array of products to cater to specific needs.

Related Reports:

Hydraulics Market by Components (Motors, Pumps, Cylinders, Valves, Filters, Accumulators, Transmissions), Type (Mobile Hydraulics, Industrial Hydraulics), End User (Construction, Agriculture, Material Handling), Sensors & Region - Global Forecast to 2028

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]