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Global Hydraulic Components Market Report 2020: Profiles of 44 Major Companies & Industry Guide Containing Contact Details for 550+ Companies


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Construction Machinery is estimated as the largest end-use industry for Hydraulic Components globally, with a US$16.3 billion market in 2019.
The COVID-19 crisis that has the world in its grips has taken a toll of the hydraulic components industry, too, although not to the devastating extent to which other sectors have been affected. Marginal declines are likely to be witnessed across the board over 2019-2020 and some semblance of growth can be expected only towards mid-2022.
However, this positive outlook depends on how the pandemic situation pans out over the coming months and how economies react to developments. Ill-thought out lockdowns being imposed by governments based on the ground situation that varies from region to region have their own negative impact on industrial activity, to which the hydraulic components sector is also susceptible. ....

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98% uptake of GLAS extension, BDGP uptake at approximately 50%


SHARING OPTIONS:
The scheme requirements for 2021 BDGP I participants are equivalent to 2020, with breeding female targets remaining unchanges.
The majority of farmers concerned have availed of the option to extend their Green low-Carbon Agri-Environmental Scheme (GLAS) and Organic Farming Scheme (OFS) contracts for 2021.
Figures released on Tuesday by Minister for Agriculture, Food and the Marine, Charlie McConalogue TD, show that 98% of GLAS I and II participants responded by the deadline of 31 December 2020 and within this, some 98% applied to continue in the scheme for an additional year.
There was a similar level of uptake in the Organic Farming Scheme, with 97% of eligible participants responding to the offer and 97% of these opting to avail of the one year contract extension for 2021. ....

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