Global Hydraulic Cylinder Market Growth Analysis And Indications – Includes Hydraulic Cylinder Market Demand
The Business Research Company’s report goes into great detail on the hydraulic cylinder market size and growth, hydraulic cylinder market regional analysis, hydraulic cylinder market competitive landscape, and other critical information needed to excel in the hydraulic cylinder industry.
Major players in the hydraulic cylinder market include Bosch Rexroth, Eaton, SMC Corporation, HYDAC, Texas Hydraulics Inc., Parker-Hannifin Corporation, Wipro Enterprises, LEO engineers, BDI, Enerpac Tool Group, Caterpillar Inc., Zenith Hydromatic, Spareage Hydro, and Kangaroo Hydraulics Private Limited.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global hydraulic cylinder market size is expected to grow from $16.64 billion in 2021 to $17.37 billion in 2022 at a compound annual growth rate (CAGR) of 4.4%. The hydraulic cylinders market size is expected to grow to $20.85 billion in 2026 at a CAGR of 4.7%.
Asia-Pacific was the largest region in the hydraulic cylinder market in 2021.
The hydraulic cylinder market consists of the sales of hydraulic cylinders by entities (organizations, partnerships, and sole proprietors) that are used in a variety of power transfer applications, and can be single or double action. Hydraulic cylinders are actuation devices that will use pressurized hydraulic fluid to produce linear motion and force. It is a mechanical actuator that gives a unidirectional force through a unidirectional stroke. Its multiple applications include usage in construction equipment, manufacturing machinery, elevators, and civil engineering. Important operating specifications for hydraulic cylinders are cylinder type, stroke, maximum operating pressure, bore diameter, and rod diameter. These hydraulic cylinders find many applications across various industries, including automotive, manufacturing, construction, agriculture, mining, oil, and gas.
The significant increase in demand from the construction industry is expected to drive the growth of the hydraulic cylinder market
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Technological advancements are shaping the hydraulic cylinder market. Many companies are developing new and innovative products to provide enhanced services to their customers.
TBRC’s Global Hydraulic Cylinder Market Report Is Segmented:
By Function: Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder
By Specification: Telescopic Cylinder, Tie Rod Cylinder, Mill Type Cylinder, Welded Cylinder
By Bore Size: Less Than 50 MM, 50 to 150 MM, Greater Than 150 MM
By Application: Industrial Equipment, Mobile Equipment
By End-User: Construction, Aerospace and Defense, Material Handling, Agriculture, Automotive, Mining, Oil and Gas, Marine, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Hydraulic Cylinder Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the hydraulic cylinder market globally and regionally, analyzes and forecasts market size, share, hydraulic cylinder market players, hydraulic cylinder market segments, leading competitor revenues, profiles and market shares.
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