Asia Pacific hydraulic component market

china accounted for the largest market share in 2019 in the asia pacific hydraulic component market, and is expected to reach usd 5108.51 million in 2026 from usd 3544.16 million in 2019.this market is projected to grow at a cagr of 5.46% during the forecast period from 2020 - 2026. construction segment accounted for the largest market share in 2019, this market is expected to reach usd 5826.60 million in 2026 from usd 3979.50 million in 2019. this market is projected to grow at a cagr of 5.69% during the forecast period from 2020 - 2026. however, material handling segment is the fastest growing market, which is expected to grow at a cagr of 5.78% during the forecast period 2020 - 2026. cylinder segment accounted for the largest market share in 2019, this market is expected to reach usd 6344.00 million in 2026 from usd 4352.10 million in 2019. this market is projected to grow at a cagr of 5.63% during the forecast period from 2020 - 2026. mobile segment accounted for the larger market share in 2019, this market is expected to reach usd 11301.30 million in 2026 from usd 8106.90 million in 2019. this market is projected to grow at a cagr of 4.96% during the forecast period from 2020 - 2026. however, industrial segment is the fastest growing market, which is expected to grow at a cagr of 5.63% during the forecast period 2020 - 2026.