Demand for hydraulic fluid connectors in North America was the highest for mobile hydraulic equipment, accounting for over 67% of the market share. In addition, this segment is anticipated to witness the fastest growth rate on account of the growth of certain mobile hydraulic industries in the region such as aerospace and agriculture.
Albany, NY -- (SBWIRE) -- 04/04/2016 -- Hydraulic fluid connectors are conveyance equipment which are used in the fluid power industry for power transmission and other purposes. Various equipment such as hoses, tubing, fittings, manifolds and their assemblies are used in a wide range of hydraulic applications in industries including aerospace, agriculture equipment, construction equipment, marine, mining, and material handling.
For research, we have conducted in-depth interviews and discussions with numerous key industry participants and opinion leaders. Primary research represents the bulk of the research effort coupled with an extensive secondary research. We reviewed the key players' annual reports, product portfolio, press releases and relevant documents for competitive analysis and better understanding of the market. Secondary research includes in-depth research on current trends, technical writing, recent trades, internet sources, trade associations, statistical data from government websites and associated authorized agency websites. This has proved to be the most successful, effective and reliable approach for obtaining concise data, capturing industry participants' insights and recognizing opportunities and growth.
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Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings. It also includes internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases and market reports. News articles, press releases and web-casts specific to the companies operating in the market also serve as a part of secondary sources.
We conduct primary interviews on an on-going basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills various functions. First-hand information is obtained on the market size, market trends, growth trends, competitive landscape, future outlook, etc. It also helps in validating and strengthening the secondary research findings, and further develops the analysis team's expertise and market understanding. The primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies.
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The report on North America hydraulic fluid connectors provides a detailed analysis and forecast of the market from 2014 to 2020. At a regional level, the market has been segmented on the basis of revenue (USD million) from 2014 to 2020. For an in-depth understanding of the market in North America, the demand has been forecast based on revenue (USD million) for a time period ranging between 2014 and 2020. The report includes drivers as well as restraints and their impact on the growth of the market within the forecast period. Furthermore, the report encompasses opportunities available for the growth of this market, on a global as well as regional level.
To offer a detailed understanding of the market, we have provided a thorough analysis of the value chain. In addition, we have covered the Porter's five forces model, which provides an in-depth insight into the intensity of competition in this market. Furthermore, the study comprises a market attractiveness analysis, where numerous applications are benchmarked based on market size, growth rate, and general attractiveness.
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The market has been segmented based on products and applications. The segments have been analyzed and forecast based on revenue (USD million) from 2014 to 2020. Additionally, the segments have been analyzed and forecast based on current trends at a regional level, over the given time period. The demand has been analyzed and forecast based on current trends for a period of six years.
Profiles of certain leading companies have been covered in this report along with a detailed analysis of their market share. The study features companies such as Eaton Corporation, Parker Hannifin Corporation, Gates Corporation, Manuli Hydraulics, Kurt Hydraulics and SPX Corporation.
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