Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4.55 Billion | USD 6.06 Billion | 3.82% | 2022 |
FrequentlyAsked Questions
A hydraulic cab tilt system is a mechanism specially used in heavy vehicles such as buses and trucks to tilt the driver’s compartment or cab.
The global hydraulic cab tilt system market is projected to grow owing to the increasing demand and application of heavy-duty vehicles across growing sectors.
According to study, the global hydraulic cab tilt system market size was worth around USD 4.55 billion in 2022 and is predicted to grow to around USD 6.06 billion by 2030.
The CAGR value of the hydraulic cab tilt system market is expected to be around 3.82% during 2023-2030.
The global hydraulic cab tilt system market is projected to be led by North America during the forecast period with the US and Canada acting as major contributors.
The global hydraulic cab tilt system market is led by players like Wipro Infrastructure Engineering, Parker Hannifin Corporation, JOST Werke AG, Haldex AB, Ognibene Power S.p.A., OMAX Autos Limited, Wipro Enterprises Private Limited, NORDIC HYDRAULIC SYSTEMS A/S, HYVA Global B.V., Enovation Controls, LLC, VETUS B.V., Penta TMR, UQM Technologies, Inc., VSE Volumentechnik GmbH, Muncie Power Products, Inc., JTEKT Corporation, Twin Disc, Incorporated, Permco Inc., Pietro Fioravanti Srl, Abex Corporation, Tesmak Hydraulic Machine Industry and Trade Inc., Delphi Technologies, Hydroline Oy, Nuovo Pignone S.p.A., and Dana Incorporated.
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