Global and China Hydraulic Industry Report, 2012-2015: Manufacturing & Construction Market Research Reports

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Global and China Hydraulic Industry Report, 2012-2015 Aug 29th 2013, 00:00 Affected by the sluggish global economy and Chinese construction machinery market, the market value of the global hydraulic industry reached USD32.7 billion in 2012, showing a year-on-year decline. China still lags behind the United States to take the world's second place.In 2010-2011, China’s hydraulic parts output witnessed the explosive year-on-year growth rate of more than 60% due to the large-scale investment. In 2012, the decreasing downstream demand led to a substantial slowdown in the growth of Chinese hydraulic components output which dropped to 250 million. 86.12% of China’s hydraulic output was highly concentrated in Zhejiang, Jiangxi, Sichuan, Jiangsu and Anhui.<...

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