DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/673sm4/assessment_of) has announced the addition of the "Assessment of China's Market for Hydraulic Gear Pumps" report to their offering.
This study provides an in-depth understanding of the Chinese market for hydraulic gear pumps, dividing the target products into two categories based on the arrangement of gears: external and internal hydraulic gear pumps. The target products are used in a wide range of applications, with mobile applications taking the largest share of external hydraulic gear pump revenues and machine tool end-user industry representing the premium sector in the market for internal hydraulic gear pumps. The scope of the market is defined as domestic (Mainland China) sales and imports, while export figures are also given.
The China Strategic Research estimates that the market for hydraulic gear pumps in China was valued at RMB 2.4 Bn in 2012. The study finds that this market is expected to grow at a slower rate in 2013 and 2014 mainly due to the weak demand from key end-user industries. This trend will later be reverted by a resurgence in demand from construction and agricultural machineries. Furthermore, application of internal hydraulic gear pumps in machine tools is expected to expand. Despite customers' closer attention to prices than product quality, plunger pumps in machine tools, both in new sales and retrofit market, will gradually be replaced by the target products.
Key Topics Covered:
Chapter 1: Introduction
Chapter 2: Total Analysis
Chapter 3: Segment Analysis
For more information visit http://www.researchandmarkets.com/research/673sm4/assessment_of
Source: Research and Markets