OCTOBER 20244Strength in Every Motion The hydraulic & pneumatic components market in India is witnessing strong growth today due to tremendous industrialization, expansion of the construction and agricultural sectors, and growing automation. India's economic growth and infrastructure investments are in line with this market growth and the country is seeing itself as one of the key markets in the Asia-Pacific region. In the region, the hydraulic equipment segment is expected to grow considerably due to the rise in both domestic and export demand. In particular, the market for hydraulic components is expanding because of excessive demand for efficient and durable equipment in the construction, mining and manufacturing sectors. Increasingly hydraulic technology is advancing in the form of intelligent control systems and hybrid systems that combine electric and hydraulic technologies, further fueling market growth. Moreover, the pneumatic components segment is also gaining traction owing to India's growing push towards automation in sectors like automotive manufacturing and material handling. The use of pneumatic solutions for precise and efficient control over processes has gained acceptance in recent times owing to cost effectiveness and reliability, especially where electric or conventional hydraulic solutions are not suitable. Besides, the growing need for both hydraulic and pneumatic components in areas of construction machinery, agricultural machinery and other material handling applications will spur demand in India's manufacturing sector. All in all, the hydraulic and pneumatic components market in India is poised for continued growth, even in the face of competitive pressures from alternative technologies such as electric systems, due to the requirement for reliable machinery and the growing industrial applications. In this special issue, we introduce you to the top manufacturers in this segment. Industry Outlook has identified the select few companies that have done particularly well in this sector with a high level of dedication. We have found that these companies have gone the extra mile in proving their commitment to meet the customer needs in an integrated manner. We welcome your feedbacks and suggestion that you may have concerning this special issue. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 5 · Issue 4 - 10 · OCTOBER, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorDarshan kAssistant Editor Roshan AktharEditorial Team GM - Media & GraphicDesigning VisualizerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer Aruna Kumari KSuanya Chakraborty Advertising QueriesPrajnya Paramita BholVidyashri Patil Jaya Arora GM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Thiruamuthan T KViswanathan A
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