Hydraulic Cylinder Market Expands with Double Acting Hydraulic Cylinder Segment at a robust CAGR
The
increasing global hydraulic cylinder market is driven by growth in construction
and infrastructure development, industrial automation and machinery during the
forecast period 2024-2028.
According
to TechSci Research report, “Global
Hydraulic Cylinder Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast 2018-2028, The Global Hydraulic Cylinder Market
is a robust and vital sector within the broader industrial machinery industry.
Hydraulic cylinders serve as indispensable components in various applications
across diverse industrial sectors, ensuring controlled linear motion and force
in machinery and equipment. Their widespread use is a testament to their
reliability, adaptability, and versatility.
One
of the primary factors driving the growth of this market is the increasing
emphasis on infrastructure development worldwide. From construction projects to
manufacturing machinery, hydraulic cylinders are crucial for providing
precision in motion control and force generation. As manufacturing processes
become more automated, the demand for hydraulic cylinders continues to rise.
These components enhance the efficiency and productivity of machinery across
sectors by enabling precise control over movement.
In
addition to automation, the global manufacturing sector's expansion further
fuels the demand for hydraulic cylinders. Industries such as automotive,
aerospace, and heavy machinery rely heavily on hydraulic systems to power their
equipment. Hydraulic cylinders offer durability and resilience, allowing them
to perform optimally even in harsh industrial environments like mining and oil
and gas operations.
The
market is also benefiting from manufacturers' ability to provide customized
hydraulic cylinders tailored to specific industrial requirements. This
customization ensures that these components are optimized for their intended
applications, whether in manufacturing, construction, agriculture, or other
sectors.
Furthermore,
as industries advance and evolve, the demand for hydraulic cylinders is expected
to continue growing. Emerging technologies like the Internet of Things (IoT)
and Industry 4.0 are shaping the future of hydraulic systems by promoting smart
and connected solutions. These technological advancements contribute to the
market's sustained dominance and further emphasize the significance of
hydraulic cylinders in modern industrial processes.
Browse
over XX market data Figures spread through XX Pages and an in-depth TOC on the "Global Hydraulic
Cylinder Market."
The
global hydraulic cylinder market is segmented into function, product type, application,
end-use industry, and region. Based on function, the market is segmented into single
acting hydraulic cylinder, double acting hydraulic cylinder. Based on product
type, the market is segmented into welded cylinder, tie rod cylinder, others. Based
on application, the market is segmented into industrial equipment & mobile
equipment. Based on end-use industry, the market is segmented into
construction, agriculture, aerospace & defence, forestry, marine, others. Based
on region, the market is further bifurcated into North America, Asia-Pacific,
Europe, South America, Middle East & Africa.
Based
on application, industrial equipment dominated in the global hydraulic cylinder
market in 2022. Hydraulic cylinders find extensive use in a wide range of
industrial equipment due to their versatility and adaptability. They are
employed in various machinery and systems to provide controlled linear motion,
force, and power transmission, making them indispensable in industrial
settings.
The
material handling sector relies heavily on hydraulic cylinders for tasks such
as lifting, lowering, tilting, and positioning heavy loads. Forklifts, conveyor
systems, and cranes are just a few examples of material handling equipment that
incorporate hydraulic cylinders to enhance efficiency and safety.
Hydraulic
cylinders are integral components of manufacturing machinery, including
presses, stamping machines, injection molding machines, and metal forming
equipment. They ensure precise and consistent motion control, enabling the
production of high-quality goods with efficiency.
In
the construction and earthmoving industry, hydraulic cylinders are used in
equipment such as excavators, bulldozers, loaders, and cranes. They enable the
precise control of bucket arms, booms, and other components, enhancing the
performance and productivity of these machines.
Key
market players in the global Hydraulic Cylinder market are:
-
- Parker Hannifin Corporation
- Bosch Rexroth AG
- Caterpillar Inc.
- Eaton Corporation
- HYDAC International GmbH
- KYB Corporation
- SMC Corporation
- The Jiangsu Hengli Hydraulic Co., Ltd.
- Wipro Enterprises Limited
- Liebherr Group
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“The
Global Hydraulic Cylinder Market is a pivotal component of the industrial machinery
sector. Hydraulic cylinders are crucial for precise linear motion control and
force generation in various applications. They find extensive use in industries
such as manufacturing, construction, automotive, aerospace, and more. The
market's growth is driven by infrastructure development, automation, and
customization of hydraulic solutions to meet specific industrial needs.
Additionally, emerging technologies like IoT and Industry 4.0 are reshaping the
hydraulic cylinder landscape. As industries continue to advance and expand,
hydraulic cylinders remain essential for enhancing machinery efficiency and
productivity.” said Mr. Karan Chechi, Research Director with TechSci Research,
a research-based global management consulting firm.
“Hydraulic
Cylinder Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Function (Single Acting Hydraulic Cylinder, Double
Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder,
Others), By Application (Industrial Equipment & Mobile Equipment), By
End-Use Industry (Construction, Agriculture, Aerospace & Defence, Forestry,
Marine, Others), By Region, and By Competition, 2018-2028,” has evaluated the future growth
potential of Global Hydraulic Cylinder Market and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in Global Hydraulic Cylinder Market.
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