Hydraulic Cylinder Market Global Industry Research Report 2017 of 154 pages added by reports and reports explores Global Hydraulic Cylinder Market Size, Share, Manufacturers, Statistics, and Opportunities Forecast to 2023. Global Hydraulic Cylinder Market set to hit $19.30 billion at a CAGR of 5.95% by 2023.
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A hydraulic cylinder (also called a linear hydraulic motor) is a mechanical actuator that is used to give a unidirectional force through a unidirectional stroke.
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Global Hydraulic Cylinder Company Market Analysis: Caterpillar (US), Parker Hannifin (US), Actuant (US), Eaton (Ireland), Jiangsu Hengli Hydraulic (China), Robert Bosch (Germany), and Wipro (India).
Report provides comprehensive information on Hydraulic Cylinder Market by – Function (Single Acting, Double Acting), Specification (Telescopic, Tie Rod, Mill Type, and Welded), Application (Mobile and Industrial), Bore size, Industry, and Region.
Growth of Hydraulic Cylinder Market is boosted by factors such as rising demand in the construction industry and mining process equipment.
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Increasing demand for lifting equipment in the shipping industry and for material handling equipment in the aerospace & defense industry is the key opportunity for the players in the hydraulic cylinder market.
The breakup of the profiles of primary participants has been given below.
- By Company Type: Tier 1—65%, Tier 2—30%, and Tier 3—5%
- By Designation: C Level—55%, D Level—20%, andOthers—25%
- By Region: North America—45%, Europe—20%, APAC—30%, and RoW—5%
“Market for double-acting hydraulic cylinders to grow at highest CAGR during forecast period”
Based on function, the market for double-acting hydraulic cylinders is projected to grow at the highest CAGR between 2017 and 2023. In double-acting cylinders, there are 2 ports for the input and output of the hydraulic fluid.
The pressure from the fluid can be used in both directions to expand and retract the piston. It can be used vertically as well as horizontally as it has the mechanism to help the piston expand and retract each time it pushes or needs to pull an object.
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“Market for Based on bore size, the market for Hydraulic cylinder market for aerospace & defense industry to grow at highest CAGR during forecast period”
The hydraulic cylinder market for the aerospace& defense industry is expected to grow at the highest CAGR between 2017 and 2023. The aerospace industry seeks to enhance manufacturing through automated, efficient, and effective processes.
In this industry, hydraulic cylinders are used in various types of equipment, such as ground handling equipment, baggage handling equipment, engines, ramps, door actuators, brakes and wheels, flight controls, fuel systems, and specialty aircraft repair equipment. Hydraulic cylinders are also a major component of aircraft landing gears.
Landing gears are hydraulically operated, and hydraulic cylinders play a critical role in systems and control surfaces such as flaps, speed brakes, and ailerons.
This research report segments the hydraulic cylinder market on the basis of function, specification, application, bore size, industry, and geography. Based on function, the market has been segmented into single acting and double acting.
On the basis of specification, the market has been classified into tie rod, welded, telescopic, and mill type. Based on application, the market has been segmented into industrial equipment and mobile equipment.
Based on bore size, the market has been segmented into150 mm. Based on industry, the market has been classified into construction, aerospace & defense, material handling, agriculture, mining, automotive, marine, oil & gas, and others.
Based on region, the market has been classified in to North America, South America, Europe, APAC, and RoW.
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