Hydraulic components are key parts for mobile machineries including construction machinery, agricultural and forestry machinery, material handling equipment and commercial vehicle. The global construction machinery industry has regained growth since 2015.

New York, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global and China Hydraulic Industry Report, 2021-2026" - https://www.reportlinker.com/p05993224/?utm_source=GNW The rapid urbanization of the emerging markets and the infrastructure improvement in rich world have driven up the demand for mobile machineries and also given a big boost to the global hydraulic and pneumatic power machinery and component manufacturing industry. In 2020, the global hydraulic parts market was worth EUR32.9 billion, sustaining AAGR of 3.9% from 2016 to 2020. In future, the global market will show a fluctuant uptrend up to 2026 affected by the prosperity of the construction machinery industry, expectedly being valued at EUR36.1 billion in 2026, with CAGR of 1.6% during the period. The scale of the hydraulic power machinery and parts manufacturing industry hinges on a country’s economic strength and level of industrialization. The US, China, Germany, Japan and Italy are the top five consumers of hydraulic power machineries and components in the world. As the world’s second largest economy and the biggest manufacturing power, China has a hydraulic power machinery and parts manufacturing industry taking up 30.6% of the global market by scale, just a bit lower than the US (32%), and far higher than other developed countries like Japan and Germany. Players at the upstream end of the hydraulic parts industry chain are suppliers of raw materials, precision castings and accessories including steel, pump/valve castings, seals and auxiliary materials; the midstream provides hydraulic parts; the wide range of downstream applications covers construction machinery, aviation & aerospace, metallurgical machinery, ship and offshore engineering, and new energy. In China’s case, among the downstream application sectors, construction machinery accounted for 44% in 2020, higher than the rest. American and Japanese brands prevail in the global hydraulic market. It is too hard to shake up multinationals typically like Parker Hannifin, Eaton Vickers, Bosch Rexroth and Kawasaki Heavy Industries as they have great competitive edges in history, technology and scale. As well as the full range of hydraulic products, these world-renowned giants also make extensive deployments in downstream application fields for an extension in the industry chain. The US-based Parker Hannifin and Eaton, Germany’s Bosch Rexroth, and Japan’s KYB and Kawasaki Heavy Industries all produce high-value hydraulic parts largely used in construction machinery, aviation & aerospace and industry among others. Nabtesco which concentrates on producing speed reducers dabble in hydraulic motors as well. In 2001, the merger of Mannesmann Rexroth AG and Bosch Automation Technology formed Bosch Rexroth AG, a global leading specialist in drive and control technologies. With services covering almost all industrial fields, Bosch Rexroth provides hydraulic products led by industrial and mobile machinery hydraulic parts. Wherein, the industrial hydraulic products are divided into 12 categories such as pumps, motors, cylinders, filters, and valves; the mobile machinery hydraulic products are mainly in 9 categories including pumps, motors, driving control devices, and reducers. Parker Hannifin, founded in 1917, provides a wide range of services and precise solutions for drive control, industry and aviation markets. Its financial reports show that the company was unaffected by the COVID-19 epidemic from July 2019 to June 2020, during which it earned USD13.7 billion, down 4.36% on an annualized basis. Eaton, an American company founded in 1911, offers the world’s leading hydraulic components, systems and services, involving pumps, valves, cylinders, motors and hydraulic power units. According to its financial reports, Eaton recorded USD17.86 billion in revenue in 2020, a year-on-year drop of 16.51%. In 2020, its hydraulic business was acquired by Danfoss. China’s hydraulic industry starts late but grows at a fast pace. As of October 2021, there have been more than 1,000 hydraulic parts manufacturers included in the statistics of the National Bureau of Statistics. Large numbers of local hydraulic companies, of which the overwhelming majority are small with low capacity and few boast high-end products and high level of technical expertise, mean a low industry concentration and overall poor competitiveness. In recent years, hydraulic leaders in China invested in different segments with more money and technologies, having built up their own competitive advantages such as mature OEM supporting, stable customer base and technical reserves and narrowed their gap with well-known foreign companies. Yet they as a whole still fall short of surging domestic demand. Jiangsu Hengli Hydraulic Co., Ltd., established in June 2005, is a specialist manufacturer of hydraulic components and systems such as high-pressure cylinders, high-pressure plunger pumps, hydraulic multi-port valves, industrial valves, hydraulic systems, hydraulic test benches and high-precision hydraulic castings, serving the world’s top 500 and renowned OEM customers like Caterpillar, Kobelco, Sany, XCMG, Liugong, China Railway Engineering Equipment Group, and China Railway Construction Heavy Industry Corporation. Hengli Hydraulic invests and constructs production bases of high-pressure precise hydraulic castings, hydraulic valves and pumps, and sets up companies in Chicago and Tokyo, while making expansion and deployments in overseas markets by acquiring Germany’s HAWE?Inline?Hydraulik?GmbH and other businesses. Hengli Hydraulic has been an influential provider of high-end complete hydraulic equipment and hydraulic solutions in China. Yantai Eddie Precision Machinery Co., Ltd., found in August 2003, specializes in researching hydraulic technologies and developing, producing and selling hydraulic products. Main products are hydraulic breaking attachments (e.g., hydraulic breaker, quick connector, vibratory rammer, hydraulic shear, hydraulic tong, stone grabber and wood grabber), and hydraulic parts (e.g., hydraulic pump, hydraulic motor and multi-port control valve). As one of the few hydraulic exporters in China, Eddie Precision sells products to more than 60 countries and regions, expanding its brand reach. Global and China Hydraulic Industry Report, 2021-2026 highlights the following: Hydraulic products (definition and classification, technology trends, etc.); Global hydraulic industry (market size, regional structure, competitive pattern, etc.); Chinese hydraulic industry (policies, status quo, existing problems, competitive pattern, etc.); Chinese hydraulic parts industry (production, sales, import and export, and prices), and construction machinery hydraulic parts market (status quo, technology trends, etc.); Development of China’s hydraulic cylinder, hydraulic pump/valve and hydraulic motor markets; 7 global and 21 Chinese hydraulic companies (operation, products, technology, development trends, etc.). Read the full report: https://www.reportlinker.com/p05993224/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________

(Bloomberg) -- California Governor Gavin Newsom said Friday that his state has a record $97.5 billion operating surplus, as high tax rates on its wealthiest residents mean he has more cash to fund liberal priorities such as education and health care.Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Ru

Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue — by far — is overall asset allocation: How much to stocks, sectors, assets and so on. Picking individual securities within those asset classes — individual stocks or bonds, for example — usually turns out to be much less important.

Circle CEO Jeremy Allaire joins Yahoo Finance Live to discuss the collapse of stablecoins like Terra, the cryptocurrency sell-off, crypto regulation, and the outlook for crypto exchanges.

The departing executives said he was asked to leave by the CEO, who "wants to take the team in a different direction."

Micron could be the cheapest tech stock in the market, based on its price/earnings ratio. Western Digital isn’t far behind.

Tesla (TSLA) CEO Elon Musk’s early Friday morning tweet proclaiming his $44 billion bid to buy Twitter (TWTR) is on hold may violate laws meant to protect public markets from manipulation, experts say.

Feel poorer after the S&P 500's sell-off? Just know it could be worse. Much worse. Investors who piled in some $40 billion firms found out.

Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berkshire Hathaway ( (BRK.A) - Get Berkshire Hathaway Inc. Class A Report, is ranked number five on the index, which is a daily ranking of the world's richest people. The only other billionaire in the top 10 of the Bloomberg list is Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $102 billion and his year-to-date performance is a profit of $25.5 billion.

Now that a star-crossed deal has closed, new plans are being rolled out to compete with the sector's king.

We've seen this movie before only to watch dip-buyers get fleeced — but money managers are now warming to the idea of a material bounce in stocks.

President Joe Biden said that the U.S. will share technologies used to make COVID-19 vaccines through the World Health Organization and is working on expanding rapid testing and antiviral treatments for hard-to-reach populations. "We are making available health technologies that are owned by the United States government, including stabilized spike protein that is used in many COVID-19 vaccines," Biden said in his opening speech. It has gathered more than $3 billion in new funding to fight the pa

Shares of Boeing (NYSE: BA) joined the rally on Friday morning, trading up more than 6% at one point, only to give up most of those gains as they day went on. Investors got a reminder of the challenges that face Boeing's commercial division, taking the wind out of the shares. It's been a tough run for Boeing, with shares down by more than 60% since the start of 2020.

In this article, we will discuss the 12 best energy stocks for 2022. If you want to skip our detailed analysis of the energy sector which highlights key trends and major players, you can go directly to 5 Best Energy Stocks for 2022. The energy sector has been the biggest contributor to skyrocketing inflation in […]

A cryptocurrency crash has already wiped out $600 billion in digital asset market value over the past week. With the declines in crypto outpacing those in stocks, Bitcoin may actually be a bellwether for capitulation among investors—that point when the market can really find a bottom, according to analyst Barry Bannister at Stifel. “We monitor several factors which we believe will mark the capitulatory low for stocks,” Bannister said in a Wednesday note.

A rally attempt is underway. Get ready, get set, but don't go just yet. Chevron, Broadcom, Tesla and Twitter are among stocks to watch.

Retirement is a big milestone for many, and planning for retirement can constitute a large financial goal that takes years to reach. In fact, data from the Federal Reserve indicates that the majority of Americans only have $65,000 saved for … Continue reading → The post Approaching Retirement? T. Rowe Price Says You Need This Much Saved Based on Your Income appeared first on SmartAsset Blog.

(Bloomberg) -- Moderna Inc. said it acted immediately to remove Jorge Gomez as chief financial officer earlier this week after it learned of an investigation related to the handling of incentives at his former company. Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderElon Musk Troll

(Bloomberg) -- The week is ending on a higher note for Big Tech on hopes a relentless selloff may be nearing exhaustion. But Friday’s rally can’t completely wipe out a sobering signal from Apple Inc. shares. Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderElon Musk Trolls TwitterAf

The S&P 500 still has plenty of room to fall, if history is any guide

Big downturns are part of the investing game. No one knows where the bottom is, but here’s where to find good deals in quality stocks.