Global hydraulic component Market By Application Forecast (2018-2026)
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Year INDUSTRIAL MOBILE
2018 $ 17301.7 $ 24255.6
2019 $ 18103.4 $ 25216.6
2020 $ 18950.5 $ 26227.1
2021 $ 19879.6 $ 27336.3
2022 $ 20894.7 $ 28547.8
2023 $ 21980.7 $ 29838.9
2024 $ 23225.1 $ 31326.0
2025 $ 24543.8 $ 32892.3
2026 $ 25941.2 $ 34542.3
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Global hydraulic component Market By Application Forecast (2018-2026)

Synopsis
The above chart is Global hydraulic component market [2018-2026] by Application

Market Dynamics

mobile segment accounted for the larger market share in the hydraulic component market, and is expected to reach usd 34542.30 million in 2026 from usd 25216.60 million in 2019. however, industrial segment is the fastest growing market, which is expected to grow at a cagr of 5.37% during the forecast period 2020 - 2026.

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