Hydraulic Cylinder Market Size, Share, Analysis Report

Hydraulic Cylinder Market by Function (Single Acting, Double Acting), Specification (Telescopic, Tie Rod, Mill Type, Welded), Application (Mobile and Industrial), Bore size, Industry, By Region Analysis - Global Forecast

The Hydraulic Cylinders Market is expected to be around US$ 24 Billion by 2027 at a CAGR of 6.24%.

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MARKET SNAPSHOT

Major Players

  • Caterpillar
  • Actuant
  • Parker Hannifin
  • Eaton
  • Jiangsu Hengli Hydraulic
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    6

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Hydraulic Cylinders Market is expected to be around US$ 24 Billion by 2027 at a CAGR of 6.24%.  The growth in new and retrofit infrastructure once the recession has boosted the development trade heavily. With new development plans and comes, the utilization of construction instrumentation is additionally growing. Within the housing industry, hydraulic cylinders area unit utilized in instrumentation like backhoes, excavators, trenchers, building planers, grinder and concrete or asphalt birth machines, concrete cutting saws, dozers, motor graders, dumpers, and skid steers. The hydraulic cylinder is capable of withstanding corrosive and abrasive environments, and high temperature and weather changes. Also, it may be used incessantly for long periods. These benefits offered by hydraulic cylinders have inflated their demand within the housing industry.

    Hydraulic cylinders square measure globally quite in style among customers thanks to them in depth vary of applications in varied varieties of industries; but many shoppers still opt for gas cylinders over hydraulic cylinders, which might create a challenge to the expansion of the worldwide hydraulic cylinders market. Gas cylinders have a simple style and square measure additional correct whereas generating an exact linear motion. the provision of gas cylinders in smaller sizes and their speedy movement with higher operation speed have turned many shoppers in their favour. By enabling integration with electronic observance systems, gas cylinders supply versatile advancements within their operation in the field of miniaturisation at relatively lower costs. Attributing to those benefits of gas cylinders over hydraulic cylinders, majority of consumers square measure creating purchase selections in favour of gas cylinders, which could create danger to the expansion of the worldwide hydraulic cylinders market.

    Global Hydraulic Cylinders Market is segmented based on the Function as Single-Acting Hydraulic Cylinder, Double-Acting Hydraulic Cylinder Based on Specification it covers Tie Rod Cylinder, Welded Cylinder, Telescopic Cylinder, Mill Type Cylinder. The report segments global Hydraulic Cylinders Market based on Bore Size as <50 mm,50–150 mm,>150 mm Others. Based on application it covers Industrial Equipment, Mobile Equipment. Global Hydraulic Cylinders Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Hydraulic Cylinders Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

    Competitive Rivalry

    Global Hydraulic Cylinders Market share consists of several players including Caterpillar (US), Parker Hannifin (US), Actuant (US), Eaton (Ireland), Jiangsu Hengli Hydraulic (China), Robert Bosch (Germany), and Wipro (India) etc.

    The Hydraulic Cylinders Market has been segmented as below:

    Hydraulic Cylinders Market, By Function

    • Single-Acting Hydraulic Cylinder
    • Double-Acting Hydraulic Cylinder

    Hydraulic Cylinders Market, By Specification

    • Tie Rod Cylinder
    • Welded Cylinder
    • Telescopic Cylinder
    • Mill Type Cylinder

    Hydraulic Cylinders Market, By Application

    • Industrial Equipment
    • Mobile Equipment

    Hydraulic Cylinders Market, By Bore Size

    • <50 mm
    • 50–150 mm
    • >150 mm Others

    Hydraulic Cylinders Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    The report covers:

    • Global Hydraulic Cylinders Market estimates & forecast from 2018 to 2027, along with CAGR for 2022-2027.
    • Comparative market size analysis for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Hydraulic Cylinders Market trends, with detailed analysis on consumer trends & manufacturer trends
    • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors
    • Key areas of investments identifying market opportunities and challenges in forecast timeframe
    • Competitive analysis of the industry players along with the overview on strategic management
    • Comprehensive company profiles of the major industry players

    Report scope:

    The global Hydraulic Cylinders Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.

    The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies. 

    The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Caterpillar (US), Parker Hannifin (US), Actuant (US), Eaton (Ireland), Jiangsu Hengli Hydraulic (China), Robert Bosch (Germany), and Wipro (India) etc.

    Reasons to Buy this Report:

    • Gain comprehensive insights on the industry trends
    • Identify industry opportunities and key growth segments
    • Obtain complete market study on the Hydraulic Cylinders Market
    • Facilitate strategy planning for your company based on the industry dynamics
    • Evaluate your competitor’s business segments and portfolios

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    1.    Introduction
        1.1.    Key Points
        1.2.    Report Description
        1.3.    Markets Covered
        1.4.    Stakeholders

    2.    Research Methodology
        2.1.    Research Scope
        2.2.    Research Methodology
            2.2.1.    Market Research Process
            2.2.2.    Research Methodology
                2.2.2.1.    Secondary Research
                2.2.2.2.    Primary Research
                2.2.2.3.    Models for Estimation
        2.3.    Market Size Estimation
            2.3.1.    Bottom-Up Approach
            2.3.2.    Top-Down Approach

    3.    Executive Summary

    4.    Market Overview
        4.1.    Introduction
        4.2.    Drivers
            4.2.1.    Rising Demand in housing industry
            4.2.2.    Rising Demand in Mining method instrumentation
        4.3.    Restraints
            4.3.1.    Increasing drawback related to Oil escape From Hydraulic Cylinders
        4.4.    Opportunities
            4.4.1.    Increasing Demand for Lifting Equipment in Shipping Industry
            4.4.2.    Increasing Demand for Material Handling Equipment in Aerospace & Defence Industry
        4.5.    Challenge
            4.5.1.    Growing Number of Counterfeit Products
            4.5.2.    Turmoil in Oil & Gas Industry

    5.    Hydraulic Cylinders Market, By Function
        5.1.    Key Points
        5.2.    Single-Acting Hydraulic Cylinder
        5.3.    Double-Acting Hydraulic Cylinder

    6.    Hydraulic Cylinders Market, By Specification
        6.1.    Key Points
        6.2.    Tie Rod Cylinder
        6.3.    Welded Cylinder
        6.4.    Telescopic Cylinder
        6.5.    Mill Type Cylinder

    7.    Hydraulic Cylinders Market, By Application
        7.1.    Key Points
        7.2.    Industrial Equipment
        7.3.    Mobile Equipment

    8.    Hydraulic Cylinders Market, By Bore Size
        8.1.    Key Points
        8.2.    <50 mm
        8.3.    50–150 mm
        8.4.    >150 mm Others

    9.    Competitive Landscape
        9.1.    Introduction
        9.2.    Recent Developments
            9.2.1.    Mergers & Acquisitions
            9.2.2.    New Product Developments
            9.2.3.    Portfolio/Production Capacity Expansions
            9.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
            9.2.5.    Others

    10.    Company Profile
        10.1.    Caterpillar
            10.1.1.    Company Overview
            10.1.2.    Product/Service Landscape
            10.1.3.    Financial Overview
            10.1.4.    Recent Developments
        10.2.    Parker Hannifin
            10.2.1.    Company Overview
            10.2.2.    Product/Service Landscape
            10.2.3.    Financial Overview
            10.2.4.    Recent Developments
        10.3.    Actuant
            10.3.1.    Company Overview
            10.3.2.    Product/Service Landscape
            10.3.3.    Financial Overview
            10.3.4.    Recent Developments
        10.4.    Eaton
            10.4.1.    Company Overview
            10.4.2.    Product/Service Landscape
            10.4.3.    Financial Overview
            10.4.4.    Recent Developments
        10.5.    Jiangsu Hengli Hydraulic
            10.5.1.    Company Overview
            10.5.2.    Product/Service Landscape
            10.5.3.    Financial Overview
            10.5.4.    Recent Developments
        10.6.    Wipro
            10.6.1.    Company Overview
            10.6.2.    Product/Service Landscape
            10.6.3.    Financial Overview
            10.6.4.    Recent Developments
        10.7.    Robert Bosc
            10.7.1.    Company Overview
            10.7.2.    Product/Service Landscape
            10.7.3.    Financial Overview
            10.7.4.    Recent Developments   

    The Hydraulic Cylinders Market has been segmented as below:

    Hydraulic Cylinders Market, By Function

    • Single-Acting Hydraulic Cylinder
    • Double-Acting Hydraulic Cylinder

    Hydraulic Cylinders Market, By Specification

    • Tie Rod Cylinder
    • Welded Cylinder
    • Telescopic Cylinder
    • Mill Type Cylinder

    Hydraulic Cylinders Market, By Application

    • Industrial Equipment
    • Mobile Equipment

    Hydraulic Cylinders Market, By Bore Size

    • <50 mm
    • 50–150 mm
    • >150 mm Others

    Hydraulic Cylinders Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

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    The market is expected to grow at a CAGR of 6.24% during the study period (2022-2027)
    The Hydraulic Cylinders Market is expected to be around US$ 24 Billion by 2027
    The segment included in Hydraulic Cylinders Market is Function, Specification, Application, Bore Size, Company and region.
    Some key players operating in the Hydraulic Cylinders Market include Caterpillar (US), Parker Hannifin (US), Actuant (US), Eaton (Ireland), Jiangsu Hengli Hydraulic (China), Robert Bosch
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