Hydraulic Pump Market forecasts that the global market is expected to garner $10.4 billion by 2022, registering a CAGR of 4.7% during the period 2016-2022. In the year 2015, the Asia-Pacific region accounted for the largest market share of 36.7%, followed by North America. Growth in developing countries including China and India would primarily be supplemented by increasing usage of hydraulic pumps in manufacturing industry, construction activities and in automobiles.
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