Market Analysis and Insights: Global Industrial Cartridge Valves Market
The global cartridge valve market increases from 1.52 billion USD in 2017 to 1.70 billion USD in 2021, and is expected to generate revenue of $ 1.79 billion by end of 2022 and $2.32 billion in 2028, growing at a CAGR of 4.39% between 2022 and 2028.
For the major players of Industrial Cartridge Valve, HydraForce maintained its first place in the ranking in 2021, followed by Sun, Parker, Bosch-Rexroth, Danfoss, etc. Top 5 players accounted for 53.7% of the Global Industrial Cartridge Valve revenue market share in 2021.
In this study, the sales market for Industrial Cartridge Valve was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with 38% in 2021. It is followed by Europe and North America, while other regions have smaller market.
Global Industrial Cartridge Valves Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Industrial Cartridge Valves Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
By Company
HydraForce
Sun
Parker
Bosch-Rexroth
Danfoss
Bucher
Moog
Hydac
Delta Power
Walvoil
Hawe
YUKEN
Taifeng
Keta
Haihong Hydraulics
Atos
Koshin Seikosho
CBF
Hoyea
HUADE
Segment by Type
Screw-in Cartridge Valve
Slip-in Cartridge Valve
Segment by Application
Construction Machinery
Material Handling Equipment
Agricultural Machinery
Other
Production by Region
North America
Europe
China
Asia-Pacific Other
Consumption by Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
South America
Mexico
Brazil
Rest of South America
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