Market Research Report Store Global Hydraulic Fittings Market by Manufacturers,

Market Research Report Store adds "Global Hydraulic Fittings Market by Manufacturers, Regions, Type and Application, Forecast to 2022-Market Research Report Store＂to its research database. Complete Report Available at: @ https://www.marketresearchreportstore.com/ Request a PDF Sample , click here [email protected] Description Hydraulic fittings are parts used to connect hoses, pipes, and tubes in hydraulic systems. Hydraulic equipment generally operates under high pressures and is often not a fixed system. Consequently, hydraulic fittings need to be strong, versatile, and reliable to operate safely and effectively in their respective applications. These fittings typically adhere to strict standards which dictate fitting construction, dimensions, and pressure ratings. 1. Production and Demand The hydraulic fittings industry has got a steady positive development in the past five years. The 2011-2016 CAGR of global market in terms of production is 6.27%. In 2015, the total production was 278 million units. In China, the hydraulic fittings market developed very fast during 2011-2016, with a production CAGR of 7.97%. Chinese production reached 85 million units in 2015. 2. Big Players Global hydraulic fittings industry is highly concentrated and the top 6 manufacturers control about 30% of the global market share. Parker is the largest manufacturer in the global hydraulic fittings market followed by Eaton, Manuli and Gate. 3. Regional Segment