Hydraulic Filter Market
Hydraulic Filter Market Analysis By Product Type (Suction Filter, Pressure Filter, Return Line Filter, Off-line Filter & Breather Filter) By Technology Type (With Sensor & Without Sensor Hydraulic Filter) By End-Use, By distribution Channel & Region – Global Market Insights 2022 to 2032
Analysis of Hydraulic Filter market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Hydraulic Filter Market Snapshot
The global hydraulic filter market is estimated at USD 2,124.3 Million in 2022 and is forecast to surpass USD 3,251.8 Million by 2032, growing at a CAGR of 4.3% from 2022 to 2032.
| Report Attributes | Details |
|---|---|
| Base Year Value (2021A) | USD 2,046.5 Million |
| Estimated Year Value (2022E) | USD 2,124.3 Million |
| Projected Year Value (2032F) | USD 3,251.8 Million |
| Global Growth Rate (2022 to 2032) | |
| North America Market Share in 2021 | ~31% |
| North America Growth Rate (2022 to 2032) | CAGR ~4.5% |
| Collective Value Share (US, China, India) 2022: Top 3 Countries | ~42% |
| Top 5 Companies Market Share in 2021 | ~24% |
| Key Companies Profiled | Donaldson Company Inc.; Eaton Corporation Plc; UFI Filters; Parker Hannifin Corp.; Bosch Rexroth AG; Filtration Group Corporation; HYDAC Filtertechnik GmbH; Walter Stauffenberg GmbH & Co. KG; Other Market Players |
The global hydraulic filter market is likely to create an absolute dollar opportunity of USD 1,127.5 Million by the end of 2032. The global hydraulic filter market holds ~3% of the global filters market.
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2017 to 2021 Global Hydraulic Filter Market Outlook in Comparison to 2022 to 2032 Growth Forecast
The hydraulic filters guard the hydraulic system from injury because of the particles or oil contamination. Approximately 1 million particles enter the compression system every moment and can affect hydraulic system parts.
In order to increase the hydraulic component lifetime, the need to maintain good water filtration system is necessary as the adulteration of compression oil is easy. The effectiveness of the system is measured by its ability to remove impurities, removing particles and purifying the oil.
Manufacturers in the hydraulic filter market are focusing on building new technology and software’s, generating new models for businesses, which is in turn is expected to generate additional revenue streams for the manufacturers in the hydraulic filter market in coming years.
Fact.MR projects the hydraulic filter market is expected to witness exhibiting growth at 4.3% CAGR during 2022 and 2032 in comparison to a CAGR of 2.8% with which it grew from 2017 and 2021.
Growth Drivers Supporting the Hydraulic Filter Market
Development of new raw materials, such as micro glass materials, signify the stakeholders’ increasing efforts to boost innovations in the design and features of new models of hydraulic filters. Leading manufacturers are introducing hydraulic filters to suit the specific requirements of end-users from diverse industries—aerospace and defense industry will remain a primary focus for most.
Increasing growth of the leading end-use industries, including marine, steel construction machinery, petrochemical, and transportation industries, are creating promising opportunities for manufacturers in the hydraulic filter industry. Growing concerns regarding efficient & effective operations in industry is highly anticipated to drive the global industrial hydraulic filters market. Thus, all the above listed factors are estimated to support market demand by 1.7X during the forecast years of 2022 to 2032.
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Key Challenges in the Growth of Hydraulic Filter Market
High maintenance and replacement costs and increased downtime are among the key drawbacks of hydraulic filters, and end-users are likely to prefer more robust and cost-effective alternatives such as lubrication system filters. The complex installation process of hydraulic filters creating challenges for market players to attract more customers and boost profitable sales.
End-users’ concerns about hydraulic fluid leakages and hydraulic filter efficiency are forcing manufacturers to introduce electric filters, which may cannibalize sales of hydraulic filters in the coming years. Therefore, this is likely to hinder the hydraulic filter market growth by 0.6X over the assessment period of 2022 to 2032.
High Demand for Return Line Filters to Prevail
Return line filters and suction filters are among the most popular types of low-pressure hydraulic filters. However, a majority of end-users are choosing return line filters over suction filters, especially in open-loop applications, with growing needs for improved efficiency at maintaining high fluid cleanliness levels.
In addition, installing hydraulic filters on a return line of an application ensures the availability of sufficient pressure for forcing the fluid through fine media. Moreover, improved performance characteristics, such as high chemical resistance, contamination retention capacity, and high burst pressure resistance, are likely to contribute to the increasing demand for return line filters in the coming future.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Competitive Landscape: Top Companies in Hydraulic Filter Market
The global hydraulic filter market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the growth of hydraulic filter market.
Fact.MR has provided detailed information about price points of key manufacturers in hydraulic filter market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- In January 2019, Eaton Corporation plc – a multinational power management company – announced that the Aftermarket division of its Vehicle Group’s has entered an agreement with Bezares SA – a leading manufacturer of pumps, motors, and hydraulic systems – to improve its presence in North America. The company also declared that the partnership with Bezares will enable the company to offer a comprehensive mobile power hydraulic portfolio, including hydraulic filters, to cater to the North American customers’ dynamic needs.
- In March 2019, UFI Filters – an Italian manufacturer in the hydraulic filter market – announced that it has expanded its aftermarket base in the UK with the launch of a new warehouse and a dedicated office. The new distribution center features over 3,000 SKUs in its aftermarket catalogue. The company aims to benefit from its newly-appointed supply chain partner DB Schenker – a German logistics company – to gain momentum in highly fragmented Irish and UK Aftermarkets, in the coming years.
Global Hydraulic Filter Market by Category
-
By Product Type:
- Suction Filter
- Pressure Filter
- Return Line Filter
- Off-line Filter
- Breather Filter
- Other Product Type
-
By Technology Type:
- With Sensor
- Without Sensor
-
By End-Use Industry:
- Industrial
- Steel
- Machine Tools
- Presses
- Pulp and Paper
- Power Generation
- Plastic Injection Molding
- Marine
- Mobile
- Construction
- Agriculture
- Mining
- Forestry
- Material Handling/Lifting
- Industrial
-
By Distribution Channel:
- Original Equipment Manufacturer (OEM)
- Aftermarket
-
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Global Market Demand Volume (Units) Analysis 2013 to 2017 and Forecast, 2018 to 2028
- 6. Global Market - Pricing Analysis
- 7. Global Market Demand (US$ Mn) Analysis 2013 to 2017 and Forecast, 2018 to 2028
- 8. Global Market Analysis 2013 to 2017 and Forecast 2018 to 2028, by Product Type
- 8.1. Suction Filter
- 8.2. Pressure Filter
- 8.3. Return Line Filter
- 8.4. Off-Line Filter
- 8.5. Breather Filter
- 8.6. Others
- 9. Global Market Analysis 2013 to 2017 and Forecast 2018 to 2028, by End Use Industry
- 9.1. Industrial
- 9.1.1. Steel
- 9.1.2. Machine Tools
- 9.1.3. Presses (Automotive Plant)
- 9.1.4. Pulp & Paper
- 9.1.5. Power Generation (incl. Renewable Energy)
- 9.1.6. Plastic Injection Moulding
- 9.1.7. Marine
- 9.2. Mobile
- 9.2.1. Construction
- 9.2.2. Agriculture
- 9.2.3. Mining
- 9.2.4. Forestry
- 9.2.5. Material handling/Lifting
- 9.1. Industrial
- 10. Global Market Analysis 2013 to 2017 and Forecast 2018 to 2028, by Technology
- 10.1. With Sensor
- 10.2. Without Sensor
- 11. Global Market Analysis 2013 to 2017 and Forecast 2018 to 2028, by Distribution Channel
- 11.1. OEM
- 11.2. Aftermarket
- 12. Global Market Analysis 2013 to 2017 and Forecast 2018 to 2028, by Region
- 12.1. Americas
- 12.2. Europe
- 12.3. Asia Pacific (APAC)
- 12.4. Middle East and Africa (MEA)
- 13. Americas Market Analysis 2013 to 2017 and Forecast 2018 to 2028
- 14. Europe Market Analysis 2013 to 2017 and Forecast 2018 to 2028
- 15. APAC Market Analysis 2013 to 2017 and Forecast 2018 to 2028
- 16. Middle East and Africa Market Analysis 2013 to 2017 and Forecast 2018 to 2028
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Donaldson Company Inc.
- 18.2. Parker Hannifin Corp.
- 18.3. Eaton Corporation Plc.
- 18.4. Bosch Rexroth
- 18.5. Mahle International GmbH (Filtration Group Corporation)
- 18.6. UFI FILTERS
- 18.7. HYDAC Verwaltung GmbH
- 18.8. Mann+Hummel Group
- 18.9. MP Filtri S.p.A.
- 18.10. Walter Stauffenberg GmbH & Co. KG (Stauff)
- 18.11. OMT S.p.A.
- 18.12. Pall Corporation
- 18.13. Caterpillar Inc.
- 18.14. SMC Corporation
- 18.15. Yamashin Filter Corp.
- 19. Assumptions and Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) and Volume ('000 Units) by Product Type- 2018 to 2028
Table 02: Global Market Value (US$ Mn) and Volume ('000 Units) by Technology Type 2018 to 2028
Table 03: Global Market Value (US$ Mn) and Volume ('000 Units) by Distribution Channel 2018 to 2028
Table 04: Global Market Value (US$ Mn) and Volume ('000 Units) by Industrial 2018 to 2028
Table 05: Global Market Value (US$ Mn) and Volume ('000 Units) by Mobile 2018 to 2028
Table 06: Global Market Value (US$ Mn) and Volume ('000 Units) by Region - 2018 to 2028
Table 07: Americas Market Value (US$ Mn) and Volume ('000 Units) by Product Type- 2018 to 2028
Table 08: Americas Market Value (US$ Mn) and Volume ('000 Units) by Technology Type 2018 to 2028
Table 09: Americas Market Value (US$ Mn) and Volume ('000 Units) by Distribution Channel 2018 to 2028
Table 10: Americas Market Value (US$ Mn) and Volume ('000 Units) by Industrial 2018 to 2028
Table 11: Americas Market Value (US$ Mn) and Volume ('000 Units) by Mobile 2018 to 2028
Table 12: Americas Market Value (US$ Mn) and Volume ('000 Units) by Country/Region - 2018 to 2028
Table 13: Europe Market Value (US$ Mn) and Volume ('000 Units) by Product Type- 2018 to 2028
Table 14: Europe Market Value (US$ Mn) and Volume ('000 Units) by Technology Type 2018 to 2028
Table 15: Europe Market Value (US$ Mn) and Volume ('000 Units) by Distribution Channel 2018 to 2028
Table 16: Europe Market Value (US$ Mn) and Volume ('000 Units) by Industrial 2018 to 2028
Table 17: Europe Market Value (US$ Mn) and Volume ('000 Units) by Mobile 2018 to 2028
Table 18: Europe Market Value (US$ Mn) and Volume ('000 Units) by Country/Region - 2018 to 2028
Table 19: APAC Market Value (US$ Mn) and Volume ('000 Units) by Product Type- 2018 to 2028
Table 20: APAC Market Value (US$ Mn) and Volume ('000 Units) by Technology Type 2018 to 2028
Table 21: APAC Market Value (US$ Mn) and Volume ('000 Units) by Distribution Channel 2018 to 2028
Table 22: APAC Market Value (US$ Mn) and Volume ('000 Units) by Industrial 2018 to 2028
Table 23: APAC Market Value (US$ Mn) and Volume ('000 Units) by Mobile 2018 to 2028
Table 24: APAC Market Value (US$ Mn) and Volume ('000 Units) by Country/Region - 2018 to 2028
Table 25: MEA Market Value (US$ Mn) and Volume ('000 Units) by Product Type- 2018 to 2028
Table 26: MEA Market Value (US$ Mn) and Volume ('000 Units) by Technology Type 2018 to 2028
Table 27: MEA Market Value (US$ Mn) and Volume ('000 Units) by Distribution Channel 2018 to 2028
Table 28: MEA Market Value (US$ Mn) and Volume ('000 Units) by Industrial 2018 to 2028
Table 29: MEA Market Value (US$ Mn) and Volume ('000 Units) by Mobile 2018 to 2028
Table 30: MEA Market Value (US$ Mn) and Volume ('000 Units) by Country/Region - 2018 to 2028
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List Of Figures
FIGURE 01: Global Market Size and Volume, 2013 to 2017
FIGURE 02: Global Market Size and Volume, 2018 to 2028
FIGURE 03: Global Market Value and Volume Y-o-Y Growth Comparison, 2014 to 2028
FIGURE 04: Global Market Value Share Analysis, by Product Type, 2013, 2018 & 2028
FIGURE 05: Global Market Attractiveness Analysis, by Product Type, 2018 & 2028
FIGURE 06: Global Market Value Share Analysis, by Technology Type, 2013, 2018 & 2028
FIGURE 07: Global Market Attractiveness Analysis, by Technology Type, 2018 & 2028
FIGURE 08: Global Market Value Share Analysis, by Distribution Channel, 2013, 2018 & 2028
FIGURE 09: Global Market Attractiveness Analysis, by Distribution Channel, 2018 & 2028
FIGURE 10: Global Market Value Share Analysis, by End Use Industry, 2013, 2018 & 2028
FIGURE 11: Global Market Attractiveness Analysis, by End Use Industry, 2018 & 2028
FIGURE 12: Global Market Value Share Analysis, by Region, 2013, 2018 & 2028
FIGURE 13: Global Market Attractiveness Analysis, by Region, 2018 & 2028
FIGURE 14: Americas Market Value Share Analysis, by Product Type, 2013, 2018 & 2028
FIGURE 15: Americas Market Attractiveness Analysis, by Product Type, 2018 & 2028
FIGURE 16: Americas Market Value Share Analysis, by Technology Type, 2013, 2018 & 2028
FIGURE 17: Americas Market Attractiveness Analysis, by Technology Type, 2018 & 2028
FIGURE 18: Americas Market Value Share Analysis, by Distribution Channel, 2013, 2018 & 2028
FIGURE 19: Americas Market Attractiveness Analysis, by Distribution Channel, 2018 & 2028
FIGURE 20: Americas Market Value Share Analysis, by End Use Industry, 2013, 2018 & 2028
FIGURE 21: Americas Market Attractiveness Analysis, by End Use Industry, 2018 & 2028
FIGURE 22: Americas Market Value Share Analysis, by Country/Region, 2013, 2018 & 2028
FIGURE 23: Americas Market Attractiveness Analysis, by Country/Region, 2018 & 2028
FIGURE 24: Europe Market Value Share Analysis, by Product Type, 2013, 2018 & 2028
FIGURE 25: Europe Market Attractiveness Analysis, by Product Type, 2018 & 2028
FIGURE 26: Europe Market Value Share Analysis, by Technology Type, 2013, 2018 & 2028
FIGURE 27: Europe Market Attractiveness Analysis, by Technology Type, 2018 & 2028
FIGURE 28: Europe Market Value Share Analysis, by Distribution Channel, 2013, 2018 & 2028
FIGURE 29: Europe Market Attractiveness Analysis, by Distribution Channel, 2018 & 2028
FIGURE 30: Europe Market Value Share Analysis, by End Use Industry, 2013, 2018 & 2028
FIGURE 31: Europe Market Attractiveness Analysis, by End Use Industry, 2018 & 2028
FIGURE 32: Europe Market Value Share Analysis, by Country/Region, 2013, 2018 & 2028
FIGURE 33: Europe Market Attractiveness Analysis, by Country/Region, 2018 & 2028
FIGURE 34: APAC Market Value Share Analysis, by Product Type, 2013, 2018 & 2028
FIGURE 35: APAC Market Attractiveness Analysis, by Product Type, 2018 & 2028
FIGURE 36: APAC Market Value Share Analysis, by Technology Type, 2013, 2018 & 2028
FIGURE 37: APAC Market Attractiveness Analysis, by Technology Type, 2018 & 2028
FIGURE 38: APAC Market Value Share Analysis, by Distribution Channel, 2013, 2018 & 2028
FIGURE 39: APAC Market Attractiveness Analysis, by Distribution Channel, 2018 & 2028
FIGURE 40: APAC Market Value Share Analysis, by End Use Industry, 2013, 2018 & 2028
FIGURE 41: APAC Market Attractiveness Analysis, by End Use Industry, 2018 & 2028
FIGURE 42: APAC Market Value Share Analysis, by Country/Region, 2013, 2018 & 2028
FIGURE 43: APAC Market Attractiveness Analysis, by Country/Region, 2018 & 2028
FIGURE 44: MEA Market Value Share Analysis, by Product Type, 2013, 2018 & 2028
FIGURE 45: MEA Market Attractiveness Analysis, by Product Type, 2018 & 2028
FIGURE 46: MEA Market Value Share Analysis, by Technology Type, 2013, 2018 & 2028
FIGURE 47: MEA Market Attractiveness Analysis, by Technology Type, 2018 & 2028
FIGURE 48: MEA Market Value Share Analysis, by Distribution Channel, 2013, 2018 & 2028
FIGURE 49: MEA Market Attractiveness Analysis, by Distribution Channel, 2018 & 2028
FIGURE 50: MEA Market Value Share Analysis, by End Use Industry, 2013, 2018 & 2028
FIGURE 51: MEA Market Attractiveness Analysis, by End Use Industry, 2018 & 2028
FIGURE 52: MEA Market Value Share Analysis, by Country/Region, 2013, 2018 & 2028
FIGURE 53: MEA Market Attractiveness Analysis, by Country/Region, 2018 & 2028
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the global Hydraulic Filter Market scenario?
The global value of hydraulic filter market is estimated to be worth over USD 2,124.3 Million in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 3,251.8 Million by 2032 end.
What was the last 5-year CAGR for the demand in the Hydraulic Filter Market?
During 2017 to 2021, global hydraulic filter market grew at 2.8% CAGR.
Who are the prominent players in the global Hydraulic Filter Market?
Some of the prominent players in hydraulic filter market are Donaldson Company Inc., Eaton Corporation Plc, UFI Filters, Parker Hannifin Corp., Bosch Rexroth AG, etc.
Which is the most leading region in the Hydraulic Filter Market?
North America tops the global hydraulic filter market accounting for 31.4% of global market share in 2022.
Which product type segment contributes maximum share in Hydraulic Filter sales?
Suction filter segment under the product type segment contributes 27.8% of market share in global sales of hydraulic filter.
Hydraulic Filter Market