Press release
Hydraulic Cylinders Market Outlook with Company Profiles – Actuant Corporation, Bosch Rexroth AG, Caterpillar Inc., Eaton Corporation Plc, Jarp Industries, Jiangsu Hengli Hydraulic and More
The global hydraulic cylinders market is expected to reach $16,333.1 million by 2025, from $11,055.5 million in 2017, growing at a CAGR of 5.1% from 2018 to 2025.
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A hydraulic cylinder is a mechanical actuator that uses unidirectional force through a unidirectional stroke for applications in manufacturing machinery, construction equipment, and engineering vehicles. It includes piston rod, base port, piston nut, piston seal, tube, round mount, and rod port. These hydraulic cylinders are used in industrial and mobile applications for efficient operations in various industries such as mining equipment, construction equipment, and agricultural.
The global hydraulic cylinders market is segmented based on function, design, bore size, and region. Based on function, the market is fragmented into single acting cylinder and double acting cylinder. The double acting cylinder segment is anticipated to dominate the global hydraulic cylinders market throughout the study period. By design, it is categorized into tie-rod cylinders, and welded cylinders. Based on bore size, it is divided into less than 50mm, 51mm to 100 mm, 101mm to 150 mm, and greater than 151 mm. The 101mm to 150mm segment is projected to grow at the highest rate in future.
The global hydraulic cylinders market is analyzed across four geographical regions, which include North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Russia, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to dominate the market throughout the forecast period.
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The key players profiled in this report include Actuant Corporation, Bosch Rexroth AG, Caterpillar Inc., Eaton Corporation Plc, Jarp Industries, Jiangsu Hengli Hydraulic Co., Ltd., Kawasaki Heavy Industries, Parker Hannifin Corporation, Texas Hydraulics, and Wipro Enterprises Limited.
Related Report:
Global Electromechanical Cylinders Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
This report focuses on the Electromechanical Cylinders in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
First, as for the Electromechanical Cylinders industry, the industry structure is relatively concentrated. The top five manufacturers are Parker, SKF, Tsubakimoto, Bosch Rexroth AG, Linearmech, which are close to 43.87 per cent totally in 2015 global production. The Parker which has 10.69% market share in 2016 is the leader in the Electromechanical Cylinders industry. The manufacturers following Parker are SKF and Tsubakimoto, which respectively has 9.54% and 9.31% market production share in 2016.
Second, the global consumption of Electromechanical Cylinders products rises up from 161690 units in 2012 to 208640 units in 2016, with a CAGR of 6.58%. At the same time, the revenue of world Electromechanical Cylinders sales market has a leap from 298.54 million dollar in 2012 to 373.46 million dollar in 2016.
Read More: https://www.bigmarketresearch.com/global-electromechanical-cylinders-2018-by-manufacturers-regions-type-and-application-forecast-to-2023-market?utm_source=RR-OPR&utm_medium=CC
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