Hydraulic Seals Market: Historic Industry Size and Analysis of 15 Vendors and 7 Countries - Technavio

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Hydraulic Seals Market: Historic Industry Size and Analysis of 15 Vendors and 7 Countries - Technavio

PR Newswire

NEW YORK, Nov. 26, 2022 /PRNewswire/ -- The hydraulic seals market size is forecasted to increase by USD 1305.25 million from 2022 to 2027, at a CAGR of 5.51%, according to the recent market study by Technavio. The growth of the market will be driven by the capability to withstand harsh industrial operations, the increasing demand from the automotive industry, and stringent regulations.

Technavio categorizes the global hydraulic seals market as a part of the industrial machinery market, which covers companies engaged in manufacturing industrial machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the Sample Report

Technavio has extensively analyzed 15 major vendors, including A.W. Chesterton Co., AB SKF, All Seals Inc., DingZing Advanced Materials Inc., Freudenberg SE, Garlock Sealing Technologies LLC, Greene Tweed & Co., Hallite Seals International Ltd., Hutchinson SA, Industrial Quick Search Inc., James Walker Group Ltd., Kastas Sealing Technology, Max Spare Ltd., MAXX Hydraulics LLC, NOK Corp., PARKER HANNIFIN CORP., SealTeam Australia, Spareage Sealing Solutions, Trelleborg AB, and Unitech Products.

Key Benefits for Industry Players & Stakeholders –

  • The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
  • It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
  • The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category focused, industry focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in future - To get requisite details, ask for a custom report.

Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

  • One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
  • Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
  • Furthermore, market adoption rates for all regions have been covered.

Download the sample  to get a holistic overview of the hydraulic seals market by industry experts to evaluate and develop growth strategies.

The market is segmented by product type (rod seals, piston seals, wiper seals, and others) and end-user (automotive and aerospace, heavy industry, and others).

Segmentation by product type (Inclusion/Exclusion)

  • Inclusion: 
    • Rod seals:

The rod seals segment grew gradually by USD 946.31 million between 2017 and 2021. Rod seals act as pressure barriers, maintain the operating fluid inside the cylinder, and help in regulating fluid. When connected with a scraper, rod seals provide high performance and improve the lifespan of the cylinder even in harsh environments. Such applications of rod seals are expected to drive the growth of the rod seals segment during the forecast period.

To get detailed insights about inclusions and exclusions, buy report.

Related Reports -

Hydraulic Equipment Market by Application, Component, and Geography - Forecast and Analysis 2022-2026 – size is estimated to increase by USD 16.28 billion from 2021 to 2026, with an accelerated CAGR of 4.79%, according to the recent market study by Technavio.  Furthermore, this report extensively covers market segmentation by application (mobile and industrial), component (pump and motor, valve, cylinder, accumulator and filter, and others), and geography (APAC, North America, Europe, Middle East, and Africa, and South America). 

Hydraulic Pumps Market by End-user and Geography - Forecast and Analysis 2022-2026 – size is estimated to increase by USD 3.53 billion from 2021 to 2026, with an accelerated CAGR of 5.59%, according to the recent market study by Technavio. The rise in oil and gas exploration activities is one of the key factors driving the market growth.

What are the key data covered in the hydraulic seals market?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the hydraulic seals market between 2023 and 2027
  • Precise estimation of the size of the hydraulic seals market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the hydraulic seals market across APAC, North America, Europe, Middle East and Africa, and South America
  • Thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of hydraulic seals market vendors

Hydraulic Seals Market Scope

Report Coverage

Details

Page number

120

Base year

2022

Historic Period

2017 -2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.51%

Market growth 2023-2027

USD 1305.25 million

Market structure

Fragmented

YoY growth (%)

5.21

Regional analysis

APAC, North America, Europe, the Middle East and Africa, and South America

Performing contribution

APAC at 42%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Companies profiled

A.W. Chesterton Co., AB SKF, All Seals Inc., DingZing Advanced Materials Inc., Freudenberg SE, Garlock Sealing Technologies LLC, Greene Tweed & Co., Hallite Seals International Ltd., Hutchinson SA, Industrial Quick Search Inc., James Walker Group Ltd., Kastas Sealing Technology, Max Spare Ltd., MAXX Hydraulics LLC, NOK Corp., PARKER HANNIFIN CORP., SealTeam Australia, Spareage Sealing Solutions, Trelleborg AB, and Unitech Products.

Market Dynamics

Parent Market Analysis; Market growth inducers and obstacles; Fast-growing and slow-growing segment analysis for the forecast period

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Industrials Market Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 4.7 Market condition 
    • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

5 Market Segmentation by Product Type

  • 5.1 Market segments 
    • Exhibit 25: Chart on Product Type - Market share 2022-2027 (%)
    • Exhibit 26: Data Table on Product Type - Market share 2022-2027 (%)
  • 5.2 Comparison by Product Type 
    • Exhibit 27: Chart on Comparison by Product Type
    • Exhibit 28: Data Table on Comparison by Product Type
  • 5.3 Rod seals - Market size and forecast 2022-2027
    • Exhibit 29: Chart on Rod seals - Market size and forecast 2022-2027 ($ million)
    • Exhibit 30: Data Table on Rod seals - Market size and forecast 2022-2027 ($ million)
    • Exhibit 31: Chart on Rod seals - Year-over-year growth 2022-2027 (%)
    • Exhibit 32: Data Table on Rod seals - Year-over-year growth 2022-2027 (%)
  • 5.4 Piston seals - Market size and forecast 2022-2027
    • Exhibit 33: Chart on Piston seals - Market size and forecast 2022-2027 ($ million)
    • Exhibit 34: Data Table on Piston seals - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Chart on Piston seals - Year-over-year growth 2022-2027 (%)
    • Exhibit 36: Data Table on Piston seals - Year-over-year growth 2022-2027 (%)
  • 5.5 Wiper seals - Market size and forecast 2022-2027
    • Exhibit 37: Chart on Wiper seals - Market size and forecast 2022-2027 ($ million)
    • Exhibit 38: Data Table on Wiper seals - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Chart on Wiper seals - Year-over-year growth 2022-2027 (%)
    • Exhibit 40: Data Table on Wiper seals - Year-over-year growth 2022-2027 (%)
  • 5.6 Others - Market size and forecast 2022-2027
    • Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 5.7 Market opportunity by Product Type 
    • Exhibit 45: Market opportunity by Product Type ($ million)

6 Market Segmentation by End-user

  • 6.1 Market segments 
    • Exhibit 46: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 47: Data Table on End-user - Market share 2022-2027 (%)
  • 6.2 Comparison by End-user 
    • Exhibit 48: Chart on Comparison by End-user
    • Exhibit 49: Data Table on Comparison by End-user
  • 6.3 Automotive and aerospace - Market size and forecast 2022-2027 
    • Exhibit 50: Chart on Automotive and aerospace - Market size and forecast 2022-2027 ($ million)
    • Exhibit 51: Data Table on Automotive and aerospace - Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Chart on Automotive and aerospace - Year-over-year growth 2022-2027 (%)
    • Exhibit 53: Data Table on Automotive and aerospace - Year-over-year growth 2022-2027 (%)
  • 6.4 Heavy industry - Market size and forecast 2022-2027
    • Exhibit 54: Chart on Heavy industry - Market size and forecast 2022-2027 ($ million)
    • Exhibit 55: Data Table on Heavy industry - Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Chart on Heavy industry - Year-over-year growth 2022-2027 (%)
    • Exhibit 57: Data Table on Heavy industry - Year-over-year growth 2022-2027 (%)
  • 6.5 Others - Market size and forecast 2022-2027
    • Exhibit 58: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 59: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 61: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 6.6 Market opportunity by End-user 
    • Exhibit 62: Market opportunity by End-user ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 64: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 65: Data Table on Market share by geography 2022-2027 (%)
  • 8.2 Geographic comparison 
    • Exhibit 66: Chart on Geographic comparison
    • Exhibit 67: Data Table on Geographic comparison
  • 8.3 APAC - Market size and forecast 2022-2027
    • Exhibit 68: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 69: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 71: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 8.4 North America - Market size and forecast 2022-2027
    • Exhibit 72: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 73: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 75: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 8.5 Europe - Market size and forecast 2022-2027
    • Exhibit 76: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 77: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 79: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 8.6 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 80: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 81: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 83: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 8.7 South America - Market size and forecast 2022-2027
    • Exhibit 84: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 85: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 87: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 8.8 US - Market size and forecast 2022-2027
    • Exhibit 88: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 89: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 91: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 8.9 China - Market size and forecast 2022-2027
    • Exhibit 92: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 93: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 95: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 8.10 Japan - Market size and forecast 2022-2027
    • Exhibit 96: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 97: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 99: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 8.11 India - Market size and forecast 2022-2027
    • Exhibit 100: Chart on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 101: Data Table on India - Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Chart on India - Year-over-year growth 2022-2027 (%)
    • Exhibit 103: Data Table on India - Year-over-year growth 2022-2027 (%)
  • 8.12 Germany - Market size and forecast 2022-2027
    • Exhibit 104: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 105: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 107: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 108: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges 
    • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape 
    • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 111: Overview on factors of disruption
  • 10.4 Industry risks 
    • Exhibit 112: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered 
    • Exhibit 113: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 114: Matrix on vendor position and classification
  • 11.3 A.W. Chesterton Co. 
    • Exhibit 115: A.W. Chesterton Co. - Overview
    • Exhibit 116: A.W. Chesterton Co. - Product / Service
    • Exhibit 117: A.W. Chesterton Co. - Key offerings
  • 11.4 AB SKF 
    • Exhibit 118: AB SKF - Overview
    • Exhibit 119: AB SKF - Business segments
    • Exhibit 120: AB SKF - Key news
    • Exhibit 121: AB SKF - Key offerings
    • Exhibit 122: AB SKF - Segment focus
  • 11.5 All Seals Inc. 
    • Exhibit 123: All Seals Inc. - Overview
    • Exhibit 124: All Seals Inc. - Product / Service
    • Exhibit 125: All Seals Inc. - Key offerings
  • 11.6 Freudenberg SE 
    • Exhibit 126: Freudenberg SE - Overview
    • Exhibit 127: Freudenberg SE - Business segments
    • Exhibit 128: Freudenberg SE - Key news
    • Exhibit 129: Freudenberg SE - Key offerings
    • Exhibit 130: Freudenberg SE - Segment focus
  • 11.7 Garlock Sealing Technologies LLC 
    • Exhibit 131: Garlock Sealing Technologies LLC - Overview
    • Exhibit 132: Garlock Sealing Technologies LLC - Product / Service
    • Exhibit 133: Garlock Sealing Technologies LLC - Key offerings
  • 11.8 Greene Tweed and Co. 
    • Exhibit 134: Greene Tweed and Co. - Overview
    • Exhibit 135: Greene Tweed and Co. - Product / Service
    • Exhibit 136: Greene Tweed and Co. - Key offerings
  • 11.9 Hallite Seals International Ltd. 
    • Exhibit 137: Hallite Seals International Ltd. - Overview
    • Exhibit 138: Hallite Seals International Ltd. - Product / Service
    • Exhibit 139: Hallite Seals International Ltd. - Key offerings
  • 11.10 Industrial Quick Search Inc. 
    • Exhibit 140: Industrial Quick Search Inc. - Overview
    • Exhibit 141: Industrial Quick Search Inc. - Product / Service
    • Exhibit 142: Industrial Quick Search Inc. - Key offerings
  • 11.11 James Walker Group Ltd. 
    • Exhibit 143: James Walker Group Ltd. - Overview
    • Exhibit 144: James Walker Group Ltd. - Product / Service
    • Exhibit 145: James Walker Group Ltd. - Key offerings
  • 11.12 Kastas Sealing Technology 
    • Exhibit 146: Kastas Sealing Technology - Overview
    • Exhibit 147: Kastas Sealing Technology - Product / Service
    • Exhibit 148: Kastas Sealing Technology - Key offerings
  • 11.13 NOK Corp. 
    • Exhibit 149: NOK Corp. - Overview
    • Exhibit 150: NOK Corp. - Business segments
    • Exhibit 151: NOK Corp. - Key offerings
    • Exhibit 152: NOK Corp. - Segment focus
  • 11.14 PARKER HANNIFIN CORP. 
    • Exhibit 153: PARKER HANNIFIN CORP. - Overview
    • Exhibit 154: PARKER HANNIFIN CORP. - Business segments
    • Exhibit 155: PARKER HANNIFIN CORP. - Key offerings
    • Exhibit 156: PARKER HANNIFIN CORP. - Segment focus
  • 11.15 SealTeam Australia 
    • Exhibit 157: SealTeam Australia - Overview
    • Exhibit 158: SealTeam Australia - Product / Service
    • Exhibit 159: SealTeam Australia - Key offerings
  • 11.16 Trelleborg AB 
    • Exhibit 160: Trelleborg AB - Overview
    • Exhibit 161: Trelleborg AB - Business segments
    • Exhibit 162: Trelleborg AB - Key news
    • Exhibit 163: Trelleborg AB - Key offerings
    • Exhibit 164: Trelleborg AB - Segment focus
  • 11.17 Unitech Products 
    • Exhibit 165: Unitech Products - Overview
    • Exhibit 166: Unitech Products - Product / Service
    • Exhibit 167: Unitech Products - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 168: Inclusions checklist
    • Exhibit 169: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 170: Currency conversion rates for US$
  • 12.4 Research methodology 
    • Exhibit 171: Research methodology
    • Exhibit 172: Validation techniques employed for market sizing
    • Exhibit 173: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 174: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
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Email: [email protected]
Website: www.technavio.com/

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