Top 10 Hydraulic Manufacturers from China at the 137th Canton Fair
As the global demand for hydraulic systems continues to rise, the role of Hydraulic Manufacturers has become increasingly pivotal in meeting the needs of various industries, from construction to automotive. The latest data from the International Hydraulics and Pneumatics Association indicates that the hydraulic equipment market is expected to reach USD 59.3 billion by 2027, growing at a CAGR of 5.2%. This trend is further emphasized by the outstanding performance of the 137th Canton Fair, which saw a remarkable influx of international buyers, totaling 288,938 from 219 countries. The fair reported a 17.3% increase in overseas procurement participation compared to previous editions, with a strong intention for export transactions valued at USD 25.44 billion, representing a 3% growth. As the hydraulic industry continues to innovate and expand, highlighting the top manufacturers from China at this prestigious event provides invaluable insights for stakeholders looking to leverage emerging opportunities within the market.
Read more »