DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Hydraulic Power Unit Market - Opportunities and Forecast, 2014 - 2022" report to their offering.
Growth in industrial activities and increasing applications of HPUs for agricultural products are some important factors driving the market growth. However, alternative sources of power transfer using electro-mechanical & electric drives which are cost-effective and highly efficient in terms of shorter lead time are some of the factors hampering the growth of the market. Rise in defense spending and growing automation in industrial processes are some of the areas which display promising growth prospects for the HPU market. Rising cases for product failures form the key market challenge for the growth of HPU market.
The global HPU market is segmented on the basis of operating pressure, applications and geography. On the basis of operating pressure rating, the market is segmented into 0-750 PSI, 750-2000 PSI, 2000-3000 PSI and >3000 PSI. On the basis of applications, the market is segmented into mobile applications, industrial applications and other applications. The world HPU market, based on geography, is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (LAMEA).
Some of the prominent market players operating in this market place include Bosch Rexroth AG, Parker Hannifin Corporation, Nachi-Fujikoshi Corporation, Brevini Fluid Power S.p.A, Hydac International GmbH., and Weber Hydraulik GmbH among others.
HYDRAULIC POWER UNIT MARKET KEY SEGMENTS
Hydraulic Power Unit (HPU) Market By Operating Pressure Rating
- 0-750 PSI
- 750-2000 PSI
- 2000-3000 PSI
- >3000 PSI
Hydraulic Power Unit (HPU) Market - By Applications
- Mobile Applications
- Industrial Applications
- Brevini Fluid Power S.p.A
- Bosch Rexroth AG
- Nachi-Fujikoshi Corporation
- Weber Hydraulik GmbH
- Parker Hannifin Corporation
- Hydac International GmbH
- Eaton Corporation
- Hydro-tek Co Ltd.
- Bailey International LLC
For more information about this report visit http://www.researchandmarkets.com/research/2lzkjk/world_hydraulic