The hydraulic spreader market is projected to register a CAGR of 5% during the forecast period, up from US$ 423 Mn in 2021 to reach a valuation of US$ 763 Mn by 2032.
As a result of increased competition, the hydraulic spreader market is expected to display excellent development potential throughout the projected period. New rivals are providing a number of solutions for fulfilling orders at a reasonable price hence increasing the demand for hydraulic spreader, making them more accessible to customers in the global hydraulic spreader market.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 423 Million |
| Expected Market Value (2022) | US$ 447 Million |
| Anticipated Forecast Value (2032) | US$ 763 Million |
| Projected Growth Rate (2022-2032) | 5.5 % CAGR |
Sales of hydraulic spreader are expected to rise significantly. In addition to this, demand for hydraulic spreaders is rising on account of US$ 554 Mn by 2026. Increasing sales of hydraulic spreader is also projected to contribute to the growth of the hydraulic spreader market share.
Manufacturers in the hydraulic spreader market get a big platform from which to serve the whole demand for hydraulic spreader. The worldwide hydraulic spreader market is seeing increased competition. With growing competition, new competitors are offering a variety of options at reasonable pricing, fulfilling the demand for hydraulic spreader more accessible to customers.
A hydraulic spreader is a two-armed machine that uses hydraulic pressure to distribute or separate materials. A hydraulic spreader's two arms can come together at a narrow point. Depending on the application and pressure requirements that determine the demand for hydraulic spreader.
Three distinct types of power sources are employed to operate a hydraulic spreader. A petrol engine coupled with a hydraulic pump is the most typical power source in demand for hydraulic spreader.
IDEX Corporation (HURST), ENERPAC, Equalizer International Ltd., Phoenix Rescue Equipment, Inc., Bosch Rexroth, Holmatro, V-tech Hydraulic, WEBER-HYDRAULIK, Powermaster Engineers Pvt. Ltd., and Specialised Force Pty Ltd are some of the leading participants in the hydraulic spreader market.
Hydraulic spreaders are commonly employed in firefighting and rescue operations, particularly in the event of automobile accidents. A hydraulic spreader may open metal sheets or frames made of steel or aluminum, as well as those made of fiberglass.
Since its critical function in executing life-saving operations in accidents and fires, sales of hydraulic spreader, together with other hydraulic rescue instruments such as cutters, benders, and rams, is growing significantly. When George Hurst saw rescuers take hours to remove a motorist from an automobile accident, he conceived and manufactured hydraulic rescue gear.
The demand for hydraulic spreader as a trademark for the line of rescue gear has seen growth throughout the assessment period. Sales of hydraulic spreader are expected to grow precisely as it is used in a variety of industries in addition to safety and rescue.
In industrial setups, hydraulic flange spreaders are widely used to open up flange joints. During regular or maintenance activities, sales of hydraulic spreader are also utilised by other industrial joints or equipment. The demand for hydraulic spreader is due to their extreme application in pipeline construction and decommissioning, valve replacement, and flange joint maintenance.
As a result, the sales of hydraulic spreader in industrial and rescue applications are the primary drivers of demand for hydraulic spreader. The growing availability of electric equipment, such as spreaders driven by rotating motors rather than pumps and hydraulic pressure, poses a threat to the hydraulic spreader market growth.
Sales of hydraulic spreader have a substantial market in North America and Europe, with considerable demand from fire safety and rescue companies. Demand for hydraulic spreader equipment is preferred above others by rescuers because of their tremendous power, lack of noise and disruption that might annoy sufferers, and general dependability.
In North America and Europe, the demand for hydraulic spreader is expanding due to an increase in the amount of automobile-related incidents and the necessity to give prompt emergency aid. Furthermore, a regulatory framework that prioritizes safety and emergency response times has aided the sales of hydraulic spreader market in these regions.
The hydraulic spreaders market in the Asia Pacific, Latin America, and the Middle East and Africa is expected to see new growth prospects from safety and rescue, as well as industrial applications. In the worldwide sales of hydraulic spreader, the United States, Germany, the United Kingdom, China, and Japan are some of the main nations to watch.
IDEX Corporation (HURST), ENERPAC, Equalizer International Ltd., Phoenix Rescue Equipment, Inc., Bosch Rexroth, Holmatro, V-tech Hydraulic, WEBER-HYDRAULIK, Powermaster Engineers Pvt. Ltd. and Specialised Force Pty Ltd are some of the leading participants in the hydraulic spreader market.
On HURST's eDRAULIC 3.0 extrication tool line, the Smart Dashboard display for real-time tool status, including battery functioning, is touted to boost speed and include the industry's first patented waterproof design for freshwater and saltwater compatibility improving the sales of hydraulic spreader.
| Report Attribute | Details |
| Growth rate | CAGR of 5.5% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 - 2020 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments covered | Spreading Power, Minimum Access Gap, Type, End User, Region |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled |
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| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. |
By Spreading Power:
By Minimum Access Gap:
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The hydraulic spreader market is anticipated to register a CAGR of 5.5% during the forecast period.
Key players holding substantial hydraulic spreader market share include Phoenix Rescue Equipment, Inc., Bosch Rexroth, Holmatro, V-tech Hydraulic and many more.
As per the analysis, the hydraulic spreader market share is likely to be US$ 763 Mn by 2032.
Demand for hydraulic spreader is likely to rise due to their tremendous power, lack of noise and disruption that might annoy sufferers, and general dependability.
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