Fluid Power Systems Market Global Industry Analysis 2016 - 2024 Dec 2016 | Page 3
concerns related to waste heat recovery and rapid industrialization, is providing a significant boost to the region.
Moreover, the flourishing growth of various sectors including construction and chemical is propelling the growth of the
region. Developing countries such as India and China are likely to emerge major contributors in the growth of the Asia
Pacific region. The presence of favorable government policies is fuelling growth of the North America region. Governments
in the region are supporting the adoption of technologically advanced systems, thereby contributing to the growth of the
region.
Key Companies Mentioned in the Report:
The diverse product portfolio and continuous advancements in technology through extensive research and development
are aid ing prominent players in the global fluid power systems market in strengthening their market position. The
development and launch of novel products are expected to assist the market in evolving in more application segments
and help manufacturers in expanding their market share. Some of the key players operating in the market are
Ernst Fluid Power Company, FPS Fluid Power Solutions Inc., Flowtech Fluidpower plc., Fluid Power Solutions
Ltd., Furness Fluid Power Ltd., Fluid Power Solutions Wales Ltd., Sirus Fluid Power Ltd., and Stansted Fluid
Power Ltd.
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