In 2023, Germany led the global exports of Linear Acting Hydraulic Power Engines and Motors with $1.21 billion, followed by the United States at $1.15 billion. China also held a significant position at $0.82 billion. France, South Korea, and the United Kingdom followed, each contributing significantly less to global exports compared to the top three leaders. Notably, the market experienced strong year-on-year growth in several countries, with Russia, Portugal, and Armenia showing remarkable increases. However, Japan, Denmark, and Greece faced declines in their export values.
Looking to the future, trends to watch include technological advancements inducing shifts in market dynamics, potential expansion within emerging economies, and increased demand for energy-efficient and eco-friendly solutions pushing innovation and competition.
Top countries in Export of Linear Acting Hydraulic Power Engines and Motors by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,212,800,000 | 2023 | +2.93% | +1.99% | View data |
| 2 | 2 United States | 1,150,600,000 | 2023 | +3.73% | +4.13% | View data |
| 3 | 3 China | 815,600,000 | 2023 | +4.45% | +3.91% | View data |
| 4 | 4 France | 439,250,000 | 2023 | +3.34% | +2.64% | View data |
| 5 | 5 South Korea | 388,000,000 | 2023 | +3.95% | +3.23% | View data |
| 6 | 6 United Kingdom | 346,650,000 | 2023 | +4.25% | +2.63% | View data |
| 7 | 7 Canada | 265,720,000 | 2023 | +1.93% | +2.44% | View data |
| 8 | 8 Netherlands | 254,230,000 | 2023 | +4.34% | +2.44% | View data |
| 9 | 9 Japan | 240,540,000 | 2023 | -0.5% | -0.49% | View data |
| 10 | 10 Bulgaria | 209,150,000 | 2023 | +3.67% | +3.07% | View data |
