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Hydraulic Cylinders: Technologies and Global Markets

Hydraulic Cylinders: Technologies and Global Markets

  • December 2020
  • 149 pages
  • ID: 2070050
  • Format: PDF
  • BCC Research


Table of Contents

Report Scope:
The scope of this report is broad and covers several types of the hydraulic cylinder used globally in various types of equipment.The market is broken down by major types of equipment, including their function, specification and design.

The market for hydraulic cylinder is also estimated by end-user industry, regional market and major player. Revenue forecasts from 2019 to 2025 are given for each major type of hydraulic cylinder, end-user industry and regional market.

The report also includes a discussion of the major players across the globe for hydraulic cylinders; it explains the major market drivers of the global hydraulic cylinder industry, current trends within the industry and major end-user industries, and the regional dynamics of the global hydraulic cylinder market.

This updated report includes the impact of COVID-19 on the end-user base of hydraulic cylinder, which can be seen in the global as well as regional market analyses.

Report Includes:
- 43 data tables and 22 additional tables
- An overview of the global markets for the hydraulic cylinders and related technologies
- Analyses of the global market trends, with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Estimation of current market size and forecasted data for hydraulic cylinders, and market share analysis on the basis of application, type and end user industry with major regions/countries involved
- Assessment of major market drivers of the global hydraulic cylinder industry, current trends within the industry and major end-user industries, and the regional dynamics
- Company profiles of major players including BOSCH REXROTH AG, Caterpillar, Eaton Corp. PLC, KYB Corp., SMC Corp., Texas Hydraulics Inc., and Wipro Enterprises

A hydraulic cylinder is a vital part of the hydraulic system, and it is used in most end-use industries across the globe, including construction equipment, agriculture equipment, material handling equipment, marine vessels, and oil and gas, among others.

Lots of innovations are taking place in the design of hydraulic cylinder such as the implementation of sensors and the development of electricity-actuated cylinders. Although the resulting new family of cylinders may serve as a threat to the existing hydraulic cylinder market, the commercialization and adoption of these cylinders will take more than ten years in the global market.

In terms of market value, the hydraulic cylinders market is projected to grow with a CAGR of REDACTED%, and it is expected to reach nearly $REDACTED billion by 2025 owing to the rising the demand at the global level for different types of hydraulic cylinders from various end-use industries.

In the cylinder type segment, the telescopic sub-segment is projected to account for a healthy share of the market throughout the forecast period. These cylinders open in multi-stages or have long stroke length and are primarily used where high length or height are prominently required, such as dump truck, skyscraper cranes, mining exploration machinery and other such applications.

Based on application, the global market is segmented into two categories: industrial applications and mobile applications.The mobile application segment is expected to hold more than a REDACTED% share of the market during the forecast period; and it is projected to create significant business opportunity compared to industrial application segment.

In the mobile application segment, we have included all the equipment that can be moved from one place to other place and be installed in sets or a variety of hydraulic cylinders such as construction machinery. Whereas, in industrial application segment, we have included different types of industrial machines such as hydraulic press machines, vertical milling machines and others- in these machines hydraulic cylinders are commonly used for pushing or pressing purpose.

Based on function, the global market for hydraulic cylinders is segmented into two categories: single-acting and double-acting.In most end-use industries, double-acting hydraulic cylinders are prominently used, and the market for this type of hydraulic cylinders is expected to reach around $REDACTED by 2025.

The single-acting hydraulic cylinders market is projected to grow at a CAGR of REDACTED%. These cylinders are primarily used in applications where only a single action is required such as in agriculture machinery, aircraft components, construction machinery and others.

Based on end use industries, the global market for hydraulic cylinders is segmented into: automotive, aerospace and defense, construction, marine, material handling, agriculture, mining, oil and gas, power and energy and others. The construction and material handling segments are projected to drive the global market because these two segments will collectively account for more than REDACTED% of the market share at the end of the forecast period.

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