The “Global and China Hydraulic Industry Report, 2019-2025″ report has been added to ResearchAndMarkets.com’s offering. Hydraulic parts essential to modern equipment manufacturing are largely produced in China, Germany, Italy, the United States, and Japan. In 2018, the global hydraulic market was worth approximately 29.9 billion, of which China made up at least 25% and ranked second worldwide. Hydraulic parts are mostly used in mobile machinery, industrial machinery, and large-sized equipment. Especially, construction machinery consumes the overwhelming 30-40% hydraulic parts. Since 2017, China’s construction machinery industry has recovered, bringing a higher demand for hydraulic parts. The data shows that the sales volume of construction machinery such as excavators and loaders in China without exception saw double-digit growth in 2018, and it is expected to sustain growth momentum this year, from which China’s hydraulic industry will benefit greatly and hydraulic sales will outnumber RMB63 billion in 2019. According to product classification, key components represented by cylinders, pumps, and valves in China’s hydraulic system hold a combi...