Hydraulic Fluid Connectors Market

Hydraulic Fluid Connectors Market (Product: Mobile Hydraulics and Stationary Hydraulics; and Application: Aerospace) - North America Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2034

North America Hydraulic Fluid Connectors Market Outlook 2034

  • The industry was valued at US$ 864.2 Mn in 2023
  • It is estimated to grow at a CAGR of 6.3% from 2024 to 2034 and reach US$ 1.7 Bn by the end of 2034

Analyst Viewpoint

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.

Market Introduction

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
  • Expansion in Aerospace Sector
  • Surge in Demand for Airport Material Handling and Ground Support Equipment

Expansion in Aerospace Sector Fueling North America Hydraulic Fluid Connectors Market Revenue

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%.

Surge in Demand for Airport Material Handling and Ground Support Equipment Driving Market Progress

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).

High Demand for Mobile Hydraulics

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.

Country-wise Outlook

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.

Analysis of Key Players

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.

Key Developments

  • In March 2024, Kurt Hydraulics started its new, centrally-located warehouse in Fridley, Minnesota, U.S. This strategic expansion marks a significant milestone in the company’s commitment to enhancing customer service, optimizing logistics, and providing a more extensive range of hydraulic hoses.
  • In May 2023, Parker Aerospace, a business segment of Parker Hannifin Corporation, announced an agreement with the U.S. Army for a five-year contract providing overhaul and upgrade to the UH-60 Blackhawk hydraulic pump and flight control actuation

North America Hydraulic Fluid Connectors Market Snapshot

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
  • Market share analysis by company (2023)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy and recent developments, and key financials
Format Electronic (PDF) + Excel
Market Segmentation
  • By Product
    • Mobile Hydraulics
    • Stationary Hydraulics
  • By Application
    • Aerospace
Countries Covered
  • U.S.
  • Canada
Companies Profiled
  • 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
  • Titeflex
Customization Scope Available upon request
Pricing Available upon request

Frequently Asked Questions

How big was the North America hydraulic fluid connectors market in 2023?

It was valued at US$ 864.2 Mn in 2023

How is the North America hydraulic fluid connectors business expected to grow by 2034?

It is projected to grow at a CAGR of 6.3% from 2024 to 2034

What are the key factors driving the demand for North America hydraulic fluid connectors?

Expansion in aerospace sector and surge in demand for airport material handling and ground support equipment

Which was the major country in the North America hydraulic fluid connectors landscape in 2023?

The U.S. was the leading country in 2023

Who are the key North America hydraulic fluid connector manufacturers?

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

Copyright © Transparency Market Research, Inc. All Rights reserved