Hydraulic Cylinder Market Size to grow by USD 2.53 Bn 3.50% YOY growth expected in 2021 APAC to Notice Maximum Growth Technavio Stocks News Feed


Source: stocksnewsfeed.com stocksnewsfeed.com

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Following the second wave of the COVID-19 pandemic, countries across the world have adopted stricter safety guidelines. This has resumed manufacturing activities and increased the number of construction activities worldwide. The resurgence of these activities is increasing the demand for hydraulic equipment such as valves, pumps, cylinders, and filters. The market is expected to be driven by factors such as the mechanization of agriculture and growth in the agriculture machinery market, and increased growth in the global construction machinery market, and a growing commercial aircraft leasing market. Don't Forget : Follow us on Twitter - Join and Engage the Conversations...