Hydraulic Cylinders Market: Key Players, Growth Drivers, and Industry Size by 2024

Discover the Hydraulic Cylinders Market, analyzing growth opportunities and trends with a market forecast through 2024, vital for manufacturers and industry analysts.

Mahesh October 17, 2024

4 minutes read

The Hydraulic Cylinders Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Hydraulic Cylinders Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

The global hydraulic cylinder market size was valued at USD 10.94 billion in 2018 and is projected to reach USD 19.77 billion by the end of 2032, exhibiting a CAGR of 4% during the forecast period. The global hydraulic cylinders industry is driven by growing technological advancements in the hydraulic industry.

Recent industry developments are;

Enerpac introduced new single-acting, low-height telescopic hydraulic cylinder for longer cylinder stroke applications, that will minimize the time and simply the operation by moving heavy loads at a greater distance
Parker Hannifin Corporation announced a new HCR sub-sea hydraulic hose to withstand the collapsing forces deep down in the sea for applications such as BOP stacks, hydraulic flying leads, sub-sea hydraulics, etc.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

Bosch Rexroth AG, Enerpac, PARKER HANNIFIN CORP, Wipro Infrastructure Engineering, SMC Corporation., Bucher Hydraulics GmbH, Precision Hydraulic Cylinders, KYB Americas Corporation, Eaton, WEBER-HYDRAULIK GMBH

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Hydraulic Cylinders Market Segmentation:

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

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Hydraulic Cylinders Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Hydraulic Cylinders Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

Drivers:
- Increasing demand for hydraulic systems in construction, agriculture, and manufacturing sectors for efficient power transmission.
- Technological advancements leading to improved design and performance of hydraulic cylinders, enhancing reliability and efficiency.
Restraints:
- High production and maintenance costs may limit accessibility for smaller companies and applications.
- Competition from alternative technologies, such as electric actuators, affecting market growth.

Table of Contents:

Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
Executive Summary
Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
Key Insights
- Key Industry Developments – Merger, Acquisitions, and Partnerships
- Porter’s Five Forces Analysis
- SWOT Analysis
- Technological Developments
- Value Chain Analysis

TOC Continued…!

Hydraulic Cylinders Market Regional Segmentation:

North America (the U.S. and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Latin America (Brazil, Mexico and Rest of Latin America)

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