As reported by Power & Motion in the article “A Return to Growth for Mobile Hydraulics in 2025”, the global mobile hydraulics market is poised for a rebound in 2025, following a projected contraction in 2024.
A recent study by Interact Analysis anticipates a 6.7% decline in the mobile hydraulics market in 2024. However, this downturn is being viewed as a turning point, not a long-term trend. Economists and market analysts alike expect that as interest rates begin to ease, improved financial conditions will stimulate demand for mobile machinery, especially in key sectors like construction, agriculture, and forestry.
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Article with all rights reserved, courtesy of Power & Motion — https://www.powermotiontech.com
