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Hydraulic Cylinder - Global Market Outlook (2019 -2027)

Hydraulic Cylinder - Global Market Outlook (2019 -2027)

4.6 (53 reviews)
Published: October 2020 ID: SMRC20042
4.6 (53 reviews)
Published: October 2020 ID: SMRC20042

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Hydraulic Cylinder Market is accounted for $13.22 billion in 2019 and is expected to reach $19.99 billion by 2027 growing at a CAGR of 5.3% during the forecast period. While the factors like increasing demand for material handling equipment and growing use in mining equipment are propelling the market growth. However, increased concerns regarding oil leaks are hindering the market growth.

 

Hydraulic Cylinder - Global Market Outlook (2019 -2027)

 

Hydraulic cylinders are used for producing mechanical force in a linear motion using hydraulic fluids. The hydraulic fluid under hydraulic pressure acts on the surface to cause a linear movement of the piston that is directly associated with the load. The hydraulic fluids include synthetic oils, mineral oil, and emulsions. Hydraulic cylinders have many applications, namely in construction equipment, manufacturing machinery, and civil engineering.

Based on the function, the double-acting hydraulic cylinders segment is estimated to have a lucrative growth owing to these hydraulic cylinders are used in automotive, agriculture, and numerous other industries due to their retraction property. Double-acting hydraulic cylinders have a superior demand in mobile applications such as tractors, earth moving equipment, telescopic loaders, harvesters, forklifts, and heavy trucks.

By geography, Asia Pacific is likely to have a huge demand due to infrastructure extension and hasty industrialization. In this region, both agricultural and construction equipment are the most important modules in hydraulic cylinders. While both types of equipment have high command in this region, this market is likely to develop at a substantial rate in the future.

Some of the key players profiled in the Hydraulic Cylinder Market include Actuant Corporation, Bosch Rexroth AG, Caterpillar Inc., Eaton Corporation Plc, Jarp Industries, Jiangsu Hengli Hydraulic Co., Ltd., Kawasaki Heavy Industries, Parker Hannifin Corporation, Texas Hydraulics, Wipro Enterprises Limited, Baltic Hydraulic Cylinders, Pacoma GmbH, Prince Manufacturing Corporation, Ligon Industries, LLC, and Hyco International, Inc.

Specifications Covered:
• Telescopic Cylinders 
• Tie-rod Cylinders 
• Welded Cylinders 
• Threaded Cylinders 
• Bolted/Mill Type Cylinders 
• Plunger Cylinders 
• Diaphragm Cylinders 
• Cable Cylinders 
• Hydraulic Jacks 

Functions Covered:
• Multi-Stage/Tandem 
• Double-acting Hydraulic Cylinders 
• Single-acting Hydraulic Cylinders 

Bore Sizes Covered:
• <50 MM 
• 51 - 100 MM 
• 101 - 150 MM 
• 151 - 300 MM 
• Above 300 MM 

Applications Covered:
• Mobile Equipment
• Stationary Systems

End Users Covered:
• Aerospace & Defense 
• Automotive 
• Marine and Shipyard Industry 
• Oil & Gas and Offshore 
• Mining 
• Material Handling 
• Construction 
• Agriculture 
• Forestry 
• Earthmoving Equipment 
• Manufacturing 
• Pulp and Paper Industry 
• Waste Management 
• Transportation 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
 

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