DUBLIN--(BUSINESS WIRE)--The "Hydraulic Filter Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering
The global hydraulic filter market is forecast to grow at a CAGR of 4.4% from 2018 to 2023.
The future of the global hydraulic filter market looks promising with opportunities in the construction machinery, mining, petrochemical, aerospace, marine, and transportation industries. The major drivers of growth for this market are increasing production of construction, mining, and other equipment, development of innovative and energy efficient hydraulic filters, and increased focus on preventive maintenance of hydraulic equipment and systems.
Emerging trends, which have a direct impact on the dynamics of the hydraulic filter industry, include the introduction of new micro glass materials, a unique six layer design that delivers 50% more dirt holding capacity, and development of new cyclone effect technology.
It is forecast that the construction machinery and mining industry segments will show above average growth during the forecast period.
By product type, pressure side filter, suction side filter, return side, off-line filter, and in-tank breather filter, are the major segments of the hydraulic filter market. Suction side filter is expected to show above average growth rate during the forecast period due to its low cost which can be accommodated in all types of equipment.
APAC is expected to remain the largest region due to high production of construction machinery, high investment in infrastructure, government plans for smart cities.
Some of the hydraulic filter companies profiled in this report include Parker Hannifin Corp., Mahle International GmbH, Donaldson Company Inco, Eaton Corporation Plc. and UFI Filters among others.
Scope of the Report
- Hydraulic Filter Market by End Use Industry ($ Million and Thousand Units from 2012 to 2023)
- Construction Machinery Mining Industry Petrochemical Industry Aerospace Transportation Marine
- Hydraulic Filter Market by Product Type ($ Million and Thousand Units from 2012 to 2023)
- Pressure Side filter Suction Side filter Return Side filter Off-Line filter In-Tank Breather Filter
- Hydraulic Filter Market by Mode of Distribution Channel ($ Million and Thousand Units from 2012 to 2023)
- OEM Aftermarket
- Hydraulic Filter Market by Region ($ Million and Thousand Units from 2012 to 2023)
Key Topics Covered:
1. Executive Summary
2. Market Background and Classifications
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
- Parker Hannifin Corp.
- Donaldson Company Inc.
- Danahar Corporation
- Bosch Rexroth
- SMC Corporation
- Eaton Corporation Plc.
- Caterpillar Incorporation
- Mahle International GmbH
- UFI FILTERS
- Yamashin Filter Corp.
For more information about this report visit https://www.researchandmarkets.com/research/ghn49f/global_hydraulic?w=4