Industry Statistics and Rankings
How does this industry perform in Cyprus compared to Europe?
Country Benchmarking
Industry Data Cyprus
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#26 In EuropeBusiness
#29 In EuropeEmployees
#33 In EuropeWages
#27 In EuropeProducing hydraulic and pneumatic systems is the cornerstone of building machines and other equipment. Despite its importance, revenue has come under pressure from weak downstream demand and increasing competition from China and the US. Manufacturers in these geographies are increasingly entering the European market and competing with domestic manufacturers via imports or acquisitions. Nonetheless, sales in the hydraulic and pneumatic valve segments have remained solid, driven by increasing automation among mechanical engineering companies. Germany dominates the European industry, accounting for approximately 40% of industry revenue, according to Eurostat.
Enterprises
Number of businesses in 2024
Biggest companies in the Fluid Power Equipment Manufacturing in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Fluid Power Equipment Manufacturing in Cyprus industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Fluid Power Equipment Manufacturing industry in Cyprus in 2024?
The market size of the Fluid Power Equipment Manufacturing industry in Cyprus is €20.5m in 2024.
How many businesses are there in the Fluid Power Equipment Manufacturing in Cyprus industry in 2024?
There are 4 businesses in the Fluid Power Equipment Manufacturing industry in Cyprus, which has grown at a CAGR of 5.9 % between 2019 and 2024.
Has the Fluid Power Equipment Manufacturing industry in Cyprus grown or declined over the past 5 years?
The market size of the Fluid Power Equipment Manufacturing industry in Cyprus has been growing at a CAGR of 9.7 % between 2019 and 2024.
What is the forecast growth of the Fluid Power Equipment Manufacturing industry in Cyprus over the next 5 years?
Over the next five years, the Fluid Power Equipment Manufacturing industry in Cyprus is expected to grow.
What does the Fluid Power Equipment Manufacturing in Cyprus include?
Hydraulic & pneumatic valves and Machine parts are part of the Fluid Power Equipment Manufacturing industry.
How competitive is the Fluid Power Equipment Manufacturing industry in Cyprus?
The level of competition is moderate and increasing in the Fluid Power Equipment Manufacturing industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Electric Motor, Generator & Transformer Manufacturing in Cyprus
- Other Electronic Wiring Manufacturing in Cyprus
Complementors
- Iron & Steel Manufacturing in Cyprus
- Electronic Component & Board Manufacturing in Cyprus
Table of Contents
About this industry
Industry definition
Companies in this industry manufacture hydraulic and pneumatic components, including hydraulic pumps, motors, cylinders and valves to control oleo hydraulic and pneumatic power transmission. The industry also manufactures fluid power systems and hydraulic transmission equipment.
Related Terms
HYDRAULICPNEUMATICFLUID POWERWhat's included in this industry?
Hydraulic & pneumatic valvesMachine partsHydraulic pumps Working cylindersRotating hydraulic and pneumatic motorsOther productsCompanies
Industry Code
2812 - Manufacture of fluid power equipment in Cyprus
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Fluid Power Equipment Manufacturing in Cyprus industry?
Outlook
Analysis
What's driving the Fluid Power Equipment Manufacturing in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Fluid Power Equipment Manufacturing in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Fluid Power Equipment Manufacturing in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Hydraulic and pneumatic valves are the industry's core products. As valves are standard components of various plants, machines and equipment, their share of sales has increased and is expected to remain high in the coming years.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Fluid Power Equipment Manufacturing in Cyprus industry's products and services performing?
Analysis
What are innovations in the Fluid Power Equipment Manufacturing in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Fluid Power Equipment Manufacturing in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The industry comprises many SMEs. Numerous SMEs make up the bulk of the industry that specialises in serving niche markets, keeping the market share concentration low.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Fluid Power Equipment Manufacturing in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers must comply with EU directives. EU manufacturers must comply with the Machinery Directive (2006/42/EC), the Pressure Equipment Directive (2014/68/EU), and other product and health and safety regulations.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Fluid Power Equipment Manufacturing in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Raw material prices spiral, spelling out trouble for manufacturers. In 2023 and 2024, the prices of iron, steel and aluminium remain historically high and are likely to inflate the cost base for manufacturers over the coming years.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Fluid Power Equipment Manufacturing in Cyprus industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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