Hydraulic Cylinder Market

Hydraulic Cylinder market was estimated to be USD 13.2 Billion in 2022 and is predicted to reach 16.8 Billion in 2030 increasing at a CAGR of 3.1% during the forecast period.

Introduction to Hydraulic Cylinder Market Report

Hydraulic cylinder also referred as hydraulic pump, is a type of linear actuator which is powered by the hydrostatic energy. A linear actuator is a mechanical device developed to create a force in a straight line which can be either pulling or pushing. Hydrostatic energy is a sort of motivation behind the ability of cylinder to generate a linear force and is converted by the hydraulic cylinder. Hydraulic energy is defined as the combination of volume or rate at which the fluid moves and pressurized fluid that is expressed as flow and pressure respectively.

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Key Drivers

The factors propelling the growth of global hydraulic cylinder market includes the high speed, increased accuracy and precision along with high efficiency and power generation. Growing industrialization and development of infrastructure in various emerging nations are leading to increasing demand of hydraulic cylinder. In addition, continuous research and development activities and technological advancements in hydraulic cylinder is expected to boost the global hydraulic cylinder market during the forecast period. Less power consumption, resistance to harsh conditions, versatility, reliability and safety involved in such cylinders will lead to rising demand for the hydraulic cylinder in the market. The factors responsible for hindering the growth of global hydraulic cylinder market includes the increased cost of maintenance and manufacturing along with leakage problem associated with hydraulic cylinder.

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Region – Segment Analysis

Based on the region, Asia-Pacific is expected to grow at a highest compound annual growth rate during the forecast period due to the continuous development in the infrastructure and rising industrialization. Rising demand of hydraulic cylinders in construction and agriculture industry is also responsible for driving the growth of the market in this region.

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Top Market Players

Various notable players operating in the market, include, Actuant Corporation, Bosch Rexroth, Caterpillar Inc., Eaton Corporation, KYB Corporation, Parker Hannifin, SMC Corporation, Jiangsu Hengli Hydraulic, Wipro Enterprises, Hydac, among others.

Segments Covered in the Report:

The global Hydraulic Cylinder Market has been segmented on the basis of Function, Specification, Application, Bore Size, Industry and key regions. Based on function, the market is segmented into Double-Acting Hydraulic Cylinder and Single-Acting Hydraulic Cylinder. Based on specification, the market is segmented into Welded Cylinder, Tie-Rod Cylinder, Telescopic Cylinder and Mill-Type Cylinder. Based on application, the market is segmented into Mobile and Industrial. Based on bore size, the market is segmented into <50 MM, 50-150 MM and >150 MM. Based on industry, the market is segmented into Aerospace & Defense, Automotive, Construction, Mining, Material Handling, Agriculture, Marine, Oil & Gas and Others.

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Key questions answered in this research report:

• • At what pace is global Hydraulic Cylinder Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Hydraulic Cylinder Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Hydraulic Cylinder Market?
  • Which Function generated maximum revenues in 2019 and identify the most promising Function during the forecast period?
  • What are the various Specification of global Hydraulic Cylinder Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation:

Global Hydraulic Cylinder Market by Function

• • Single-acting hydraulic cylinders
  • Double-acting hydraulic cylinders

Global Hydraulic Cylinder Market by Specification

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

Global Hydraulic Cylinder Market by Application

• • Mobile
  • Industrial

Global Hydraulic Cylinder Market by Bore Size

• • <50 MM
  • 50–150 MM
  • >150 MM

Global Hydraulic Cylinder Market by Industry

• • Construction
  • Aerospace & Defense
  • Material Handling
  • Agriculture
  • Automotive
  • Mining
  • Oil & Gas
  • Marine
  • Others

Global Hydraulic Cylinder Market by Region

• • North America Hydraulic Cylinder Market (Option 1: As a part of the free 25% customization)
    • By Function
    • By Specification
    • By Application
    • By Bore Size
    • By Industry
    • United States of America (US) Market All-Up
    • Canada Market All-Up
  • Europe Hydraulic Cylinder Market (Option 2: As a part of the free 25% customization)
    • By Function
    • By Specification
    • By Application
    • By Bore Size
    • By Industry
    • United Kingdom (UK) Market All-Up
    • Germany All-Up Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Hydraulic Cylinder Market (Option 3: As a part of the free 25% customization)
    • By Function
    • By Specification
    • By Application
    • By Bore Size
    • By Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Hydraulic Cylinder Market (Option 4: As a part of the free 25% customization)
    • By Function
    • By Specification
    • By Application
    • By Bore Size
    • By Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Hydraulic Cylinder (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Actuant Corporation
  • Bosch Rexroth 
  • Caterpillar Inc.
  • Eaton Corporation
  • KYB Corporation
  • Parker Hannifin
  • SMC Corporation
  • Jiangsu Hengli Hydraulic
  • Wipro Enterprises
  • Hydac