Technavio has been monitoring the global hydraulic equipment market since 2014 and the market is poised to grow by USD 20.26 billion during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. Request free sample pages This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200109005504/en/ Technavio has announced its latest market research report titled global hydraulic equipment market 2020-2024. (Graphic: Business Wire) Read the 186-page report with TOC on “Hydraulic Equipment Market Analysis Report by Application (Mobile and Industrial), Component (Pump and motor, Valve, Cylinder, Accumulator and filter, and Others), Geography (APAC, Europe, MEA, North America, and South America), and the Segment Forecasts, 2020-2024″. The market is driven by the increase in construction activities. In addition, the rising adoption of electric vehicles is anticipated to boost the growth of the hydraulic equipment market. Governments across the world are making significant investments in infrastructural development. For instance, the 2022 FIFA World Cup which will be held in Qatar, is leading to an increase ...