Global Hydraulic Actuators Market To Grow At A CAGR Of 3.47% During The Period 2017-2021 : Emerson, Flowserve, PARKER HANNIFIN, Schamberger, Siemens

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Hydraulic actuators, used in the industrial fluid process control, employ hydraulic pressure to drive an output member. These are used where high speed and large forces are required for the fluid control applications. The global hydraulic actuators market had a slow growth rate from the previous five years, and it will face a recovery in its growth rate from 2018-19. The integration of fluid power with electronic devices is acting as an emerging trend in this market. The fluctuating oil prices result in a major hit on the adoption of the latest hydraulic actuators, followed by the European Union regulations for a changeover to renewable energy production.

Technavios analysts forecast the global hydraulic actuators market to grow at a CAGR of 3.47% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global hydraulic actuators market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Hydraulic Actuators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Emerson
Flowserve
PARKER HANNIFIN
Schamberger
Siemens

Other prominent vendors
2G Engineering
ATI
Curtiss-Wright
ITT
Ace Micromatic
Moog
Paladon Systems
REXA
Rotork
SMC
The Kerry Company
Worldwide Materials Sourcing

Market driver
Low cost of hydraulic actuators when compared with electrical actuators
For a full, detailed list, view our report

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Market challenge
Excessive cost of installation and maintenance
For a full, detailed list, view our report

Market trend
Remote control operations and solutions
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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