Because of its characteristics, hydraulic technology is indispensable to many large equipment. Therefore, the hydraulic industry is also the backbone of the national economy. The world industrial power, are hydraulic power.
1.Global hydraulic market scale
At present, the global hydraulic industry is mainly concentrated in the United States, Germany, Japan, China and other countries. According to the international fluid power statistics agency, the statistical scale of the member units of the world hydraulic industry in 2016 was 28.2 billion euros (the total size is estimated to be 30 billion to 40 billion euros), among which, according to the market sales, the United States accounted for 34%, China accounted for 28%, Japan accounted for 7%, and the European Community accounted for 31%.