Growth Of Oil and Gas Hydraulic Equipments Market 2015 - 2023 oct 2016 | Page 3
Increased Demand for Hydraulic Fluid Connectors in North America
Hydraulic fluid connectors are used to transfer liquids for power transmission from one location to other.
Used in numerous mobile and stationary applications, hydraulic fluid connectors have been witnessing
increased demand from North America. A surge in upcoming projects associated with the oil and gas as
well as petroleum markets has significantly contributed towards the growth of the hydraulic fluid
connectors market. TMR indicates that the North America hydraulic fluid connectors market is likely to
expand at a healthy CAGR of 7.60% from 2014 to 2020. The development of this market will consequently
propel the overall hydraulic equipment market in the oil and gas sector.
Some of the major players operating in the global oil and gas hydraulic equipment market are Accelerated
Production Systems, Eaton, Bailey International, Feintool International, Allison Hydraulics Ltd., Toshiba
Machine, Aberdeen Dynamics, Inc., Moog, Dongyang Mechatronics, Bosch Rexroth, Parker Hannifin, HMS
Group, KYB, Daikin Industries, Wipro Infrastructure Engineering, and Denley Hydraulics Limited. Companies
within the global oil and gas hydraul ic equipment market have been making major investments in onshore
as well as offshore projects to strengthen their position in the marketplace.
About Us
Transparency Market Research (TMR) is a market intelligence company providing global business research
reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insights for thousands of decision-makers.
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with
various tools and techniques to gather and analyze information. Our business offerings represent the latest
and the most reliable information which is indispensable for businesses to sustain their competitive edge.
Ask of Brief Illustration of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7844