Expansion in aerospace sector is driving the North America hydraulic fluid connectors market size. High-pressure and high-temperature hydraulic fluid connectors are available in a wide range of pressure ratings, materials, and styles.
Surge in demand for airport material handling and ground support equipment is augmenting the North America hydraulic fluid connectors industry trajectory. Mobile hydraulics are gaining traction in the market due to increase in demand for newer and larger aircraft and ground support vehicles.
Companies in North America hydraulic fluid connectors market are investing in state-of-the-art facilities to efficiently serve customers across the region.
Hydraulic fluid connectors play a crucial role in hydraulic systems. These connectors are used to link any water-powered liquid conveyor, for example, a hose, pipe, or tube, to other pressure-driven devices, such as water-powered engines, water-powered pumps, or other hoses and tubes. These connectors are required to transfer pressure-driven liquids from one device to the next.
Hydraulic fluid connectors are commonly used in the aerospace sector for essential water-powered frameworks including stream motor pumps, flight controls, and landing gear components. Hydraulic fittings are made from materials such as stainless steel, plastic, and brass.
These fittings must be strong, versatile, and reliable due to the high pressures associated with hydraulic systems. Hydraulic couplings provide reliable, leak-free connections for various applications in the aerospace sector. High-resistance hydraulic quick couplings are in high demand in the market.
| Attribute | Detail |
|---|---|
| Market Drivers |
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Fluid connectors are employed in high-pressure aerospace & defense hydraulic systems in areas that could experience rigorous vibration or inconsistent pressures. They can withstand high temperatures and high pressures.
Hydraulic fluid connectors offer various advantages such as anti-vibration and zero-leak, thereby providing high reliability in aerospace & defense and space fluid delivery systems. These advantages are contributing to the North America hydraulic fluid connectors market growth.
The aerospace sector is one of the largest sectors in the U.S. It encompasses military aircraft, missile, space, commercial airline, and general aviation markets. The sector remains an enduring asset despite continued pandemic recovery and inflationary pressures.
Rise in air passenger traffic for both international and domestic flights is driving the demand for new aircraft, thereby propelling the North America hydraulic fluid connectors market development.
Carriers in North America reported a 28.3% annual traffic rise in 2023 compared to 2022, according to the International Air Transport Association (IATA). The capacity increased by 22.4%, and the load factor climbed by 3.9% to 84.6%.
Hydraulic fluid connectors are used in loaders, fueling trucks, mobile lifts, and other moveable equipment. The air cargo sector is growing at a steady pace after recovering from the impact of the COVID-19 pandemic. The sector is driven by growth in e-commerce, pharmaceuticals, manufacturing, and electronics sectors.
Establishment of more advanced air cargo terminals and deployment of dedicated cargo freighters are expected to propel the air cargo sector, thereby augmenting the North America hydraulic fluid connectors market value.
In January 2022, Airbus launched its outsized air-cargo service, Airbus Beluga Transport (AiBT), operated by Airbus Transport International (ATI).
According to the latest North America hydraulic fluid connectors market trends, the mobile hydraulics product segment held largest share in 2023. Growth of the segment can be ascribed to the increase in demand for newer and larger aircraft and ground support vehicles.
The mobile hydraulics segment includes all moveable equipment, devices, and crafts, including airplanes, luggage-handling vehicles, container carriers, and tugs.
Mobile hydraulics also includes airport material handling equipment such as container loaders and ground support equipment including fueling trucks, mobile lifts, de-icing machines, loaders, and numerous other moveable devices.
| Attribute | Detail |
|---|---|
| Leading Country | U.S. |
According to the latest North America hydraulic fluid connectors market analysis, the U.S. held largest share in 2023. Growth in the aerospace sector is fueling the market dynamics of the country. According to the American Aerospace Industries Association (AIA), the U.S. aerospace & defense sector’s turnover in 2021 was US$ 892 Bn, an increase of 2.1% over 2020.
Shipping companies and global freight forwarders are investing in air capacity as they seek to position themselves as integrated logistics service providers. This is likely to increase the hydraulic fluid connectors market share in the U.S. in the near future.
Manufacturers operating in the North America hydraulic fluid connectors market landscape are offering leak-free systems for use in several process industries. They are also providing designs that are simple to install and reopen for easy maintenance.
Eaton, Parker Hannifin Corp., Kurt Hydraulics, Faber Enterprises, Atlas Specialty Products, Manuli Ryco Group, ALFAGOMMA S.P.A., Aerocom Specialty Fittings Inc., Gates Corp., B&E Manufacturing, and Titeflex are key players in the North America hydraulic fluid connectors industry.
Each of the key players has been profiled in the North America hydraulic fluid connectors market report based on parameters such as company overview, business strategies, financial overview, business segments, product portfolio, and recent developments.
| Attribute | Detail |
|---|---|
| Market Size in 2023 | US$ 864.2 Mn |
| Market Forecast (Value) in 2034 | US$ 1.7 Bn |
| Growth Rate (CAGR) | 6.3% |
| Forecast Period | 2024-2034 |
| Historical Data Available for | 2020-2022 |
| Quantitative Units | US$ Mn/Bn for Value |
| Market Analysis | It includes segment analysis as well as country level analysis. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Market Segmentation |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available upon request |
| Pricing | Available upon request |
It was valued at US$ 864.2 Mn in 2023
It is projected to grow at a CAGR of 6.3% from 2024 to 2034
Expansion in aerospace sector and surge in demand for airport material handling and ground support equipment
The U.S. was the leading country in 2023
Eaton, Parker Hannifin Corp., Kurt Hydraulics, Faber Enterprises, Atlas Specialty Products, Manuli Ryco Group, ALFAGOMMA S.P.A., Aerocom Specialty Fittings Inc., Gates Corp., B&E Manufacturing, and Titeflex
1. Executive Summary
1.1. North America Market Outlook
1.2. Demand Side Trends
1.3. Key Facts and Figures
1.4. Trends Impacting Market
1.5. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Key Developments
2.3. Market Definitions
2.4. Key Market Trends
2.5. Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunities
2.6. North America Market Analysis and Forecast, 2020-2034
2.6.1. North America Hydraulic Fluid Connectors Market Revenue (US$ Mn)
2.7. Porter’s Five Forces Analysis
2.8. Regulatory Landscape
2.9. Value Chain Analysis
2.9.1. List of Raw Material Suppliers
2.9.2. List of Key Manufacturers
2.9.3. List of Key Suppliers
2.9.4. List of Potential Customers
2.10. Product Specification Analysis
2.11. Production Overview
2.12. Cost Structure Analysis
3. Economic Recovery Analysis Post COVID-19 Impact
3.1. Impact on Supply Chain of Hydraulic Fluid Connectors
3.2. Recovery in Demand for Hydraulic Fluid Connectors-Post Crisis
4. Impact of Current Geopolitical Scenario on Market
5. Price Trend Analysis and Forecast (US$), 2020-2034
5.1. Price Trend Analysis by Product
5.2. Price Trend Analysis by Country
6. North America Hydraulic Fluid Connectors Market Analysis and Forecast, by Product, 2020-2034
6.1. Introduction and Definitions
6.2. North America Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Product, 2020-2034
6.2.1. Mobile Hydraulics
6.2.2. Stationary Hydraulics
6.3. North America Hydraulic Fluid Connectors Market Attractiveness, by Product
7. North America Hydraulic Fluid Connectors Market Analysis and Forecast, by Application, 2020-2034
7.1. Introduction and Definitions
7.2. North America Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Application, 2020-2034
7.2.1. Aerospace
7.3. North America Hydraulic Fluid Connectors Market Attractiveness, by Application
8. North America Hydraulic Fluid Connectors Market Analysis and Forecast, by Country, 2020-2034
8.1. Key Findings
8.2. North America Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Country, 2020-2034
8.2.1. U.S.
8.2.2. Canada
8.3. North America Hydraulic Fluid Connectors Market Attractiveness, by Country
9. U.S. Hydraulic Fluid Connectors Market Analysis and Forecast, 2020-2034
9.1. Key Findings
9.2. U.S. Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Product, 2020-2034
9.3. U.S. Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Application, 2020-2034
10. Canada Hydraulic Fluid Connectors Market Analysis and Forecast, 2020-2034
10.1. Key Findings
10.2. Canada Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Product, 2020-2034
10.3. Canada Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Application, 2020-2034
11. Competition Landscape
11.1. North America Hydraulic Fluid Connectors Market Company Share Analysis, 2023
11.2. Company Profiles
11.2.1. Eaton
11.2.1.1. Company Revenue
11.2.1.2. Business Overview
11.2.1.3. Product Segments
11.2.1.4. Geographic Footprint
11.2.1.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.1.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.2. Parker Hannifin Corp.
11.2.2.1. Company Revenue
11.2.2.2. Business Overview
11.2.2.3. Product Segments
11.2.2.4. Geographic Footprint
11.2.2.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.2.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.3. Kurt Hydraulics
11.2.3.1. Company Revenue
11.2.3.2. Business Overview
11.2.3.3. Product Segments
11.2.3.4. Geographic Footprint
11.2.3.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.3.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.4. Faber Enterprises
11.2.4.1. Company Revenue
11.2.4.2. Business Overview
11.2.4.3. Product Segments
11.2.4.4. Geographic Footprint
11.2.4.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.4.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.5. Atlas Specialty Products
11.2.5.1. Company Revenue
11.2.5.2. Business Overview
11.2.5.3. Product Segments
11.2.5.4. Geographic Footprint
11.2.5.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.5.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.6. Manuli Ryco Group
11.2.6.1. Company Revenue
11.2.6.2. Business Overview
11.2.6.3. Product Segments
11.2.6.4. Geographic Footprint
11.2.6.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.6.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.7. ALFAGOMMA S.P.A.
11.2.7.1. Company Revenue
11.2.7.2. Business Overview
11.2.7.3. Product Segments
11.2.7.4. Geographic Footprint
11.2.7.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.7.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.8. Aerocom Specialty Fittings Inc.
11.2.8.1. Company Revenue
11.2.8.2. Business Overview
11.2.8.3. Product Segments
11.2.8.4. Geographic Footprint
11.2.8.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.8.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.9. Gates Corp.
11.2.9.1. Company Revenue
11.2.9.2. Business Overview
11.2.9.3. Product Segments
11.2.9.4. Geographic Footprint
11.2.9.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.9.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.10. B&E Manufacturing
11.2.10.1. Company Revenue
11.2.10.2. Business Overview
11.2.10.3. Product Segments
11.2.10.4. Geographic Footprint
11.2.10.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.10.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
11.2.11. Titeflex
11.2.11.1. Company Revenue
11.2.11.2. Business Overview
11.2.11.3. Product Segments
11.2.11.4. Geographic Footprint
11.2.11.5. Production Capacity/Plant Details, etc. (*As Applicable)
11.2.11.6. Strategic Partnership, Capacity Expansion, New Product Innovation, etc.
12. Primary Research: Key Insights
13. Appendix
List of Tables
Table 01: North America Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Product, 2020-2034
Table 02: North America Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 03: North America Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Country, 2020-2034
Table 04: U.S. Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Product, 2020-2034
Table 05: U.S. Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Application, 2020-2034
Table 06: Canada Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Product, 2020-2034
Table 07: Canada Hydraulic Fluid Connectors Market Value (US$ Mn) Forecast, by Application, 2020-2034
List of Figures
Figure 01: North America Hydraulic Fluid Connectors Market Value Share Analysis, by Product, 2023, 2025, and 2034
Figure 02: North America Hydraulic Fluid Connectors Market Attractiveness, by Product
Figure 03: North America Hydraulic Fluid Connectors Market Value Share Analysis, by Application, 2023, 2025, and 2034
Figure 04: North America Hydraulic Fluid Connectors Market Attractiveness, by Application
Figure 05: North America Hydraulic Fluid Connectors Market Value Share Analysis, by Country, 2023, 2025, and 2034
Figure 06: North America Hydraulic Fluid Connectors Market Attractiveness, by Country
Figure 07: U.S. Hydraulic Fluid Connectors Market Value Share Analysis, by Product, 2023, 2025, and 2034
Figure 08: U.S. Hydraulic Fluid Connectors Market Attractiveness, by Product
Figure 09: U.S. Hydraulic Fluid Connectors Market Value Share Analysis, by Application, 2023, 2025, and 2034
Figure 10: U.S. Hydraulic Fluid Connectors Market Attractiveness, by Application
Figure 11: Canada Hydraulic Fluid Connectors Market Value Share Analysis, by Product, 2023, 2025, and 2034
Figure 12: Canada Hydraulic Fluid Connectors Market Attractiveness, by Product
Figure 13: Canada Hydraulic Fluid Connectors Market Value Share Analysis, by Application, 2023, 2025, and 2034
Figure 14: Canada Hydraulic Fluid Connectors Market Attractiveness, by Application
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North America Hydraulic Fluid Connectors Market
*86 figures and 60 tables includes