Press release
Hydraulic Cylinders Market Expected to Reach $16,333.1 million, Globally, By Top Key Players: Actuant Corporation, Bosch Rexroth AG, Caterpillar Inc., Eaton Corporation Plc, Jarp Industries, Jiangsu Hengli Hydraulic Co., Ltd., Kawasaki Heavy Industries, P
Hydraulic Cylinders Market
According to a new report published by Allied Market Research, titled,"Hydraulic Cylinders Market by Function, Design, and Bore Size: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"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. The double acting cylinder segment dominated the global market in terms of revenue, accounting for more than 75% share in 2017 and is expected to witness significant growth during the forecast period.
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Hydraulic cylinders are mechanical equipment that offer linear movement for lifting heavy loads or handling bulky materials in industrial and mobile applications. These cylinders are used in construction, load lifting, and equipment handling machinery. Based on function, it is categorized into single acting cylinders and double acting cylinders. The hydraulic cylinders consist of cylinder barrel, base, head, piston, piston rod, and seals.
The growth of the global hydraulic cylinders market is driven by rise in the material handling equipment industry. Increase in new technologies such as SGH wire-actuated encoders, which measure the cylinder stroke in the hydraulic cylinder, boost the demand for hydraulic cylinder across the world. Growth in the construction equipment market is anticipated to provide potential opportunities for the key players operating in the market. However, hydraulic cylinders are expensive, and its maintenance & operation costs are very high. This factor restricts the growth of the global hydraulic cylinders market. Rise in labor cost in construction and mining activities is expected to offer growth opportunities for the hydraulic cylinder industries in near future.
The double acting cylinders segment accounted for $8313.6 million of the global hydraulic cylinder market in 2017 and is projected to grow at a CAGR of 5.2% during the forecast period. Based on design, the welded cylinders segment is expected to account for the highest market share throughout the forecast period. The double acting cylinders are extensively used for lifting loads and handling materials in the construction sector, which boost their demand in the market.
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Based on bore size, the 51mm to 100mm segment is expected to account for the largest share in the global market during the forecast period owing to increase in use of material handling equipment in Asia-Pacific. This is attributed to the new hydraulic cylinders such as telescopic cylinder and plunger cylinder.
Prominent players, such as Actuant Corporation, Bosch Rexroth AG, Caterpillar Inc., Eaton Corporation Plc, Jarp Industries, Jiangsu Hengli Hydraulic Co., Ltd., Kawasaki Heavy Industries, Parker Hannifin Corporation, Texas Hydraulics, and Wipro Enterprises Limited., have adopted new product launch as their key strategy to expand their market foothold.
LIST OF TABLES
TABLE 01. GLOBAL HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 02. SINGLE ACTING HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 03. DOUBLE ACTING HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 04. GLOBAL HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 05. TIE-ROD HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 06. WELDED HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 07. GLOBAL HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 08. LESS THAN 50MM HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 09. 51MM TO 100MM HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 10. 101MM TO 150 MM HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 11. GREATER THAN 151MM HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 12. HYDRAULIC CYLINDERS MARKET, BY REGION, 20172025 ($MILLION)
TABLE 13. NORTH AMERICA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 14. NORTH AMERICA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 15. NORTH AMERICA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 16. NORTH AMERICA HYDRAULIC CYLINDERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 17. U.S HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 18. U.S HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 19. U.S HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 20. CANADA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 21. CANADA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 22. CANADA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 23. MEXICO HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 24. MEXICO HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 25. MEXICO HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 26. EUROPE HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 27. EUROPE HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 28. EUROPE HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 29. EUROPE HYDRAULIC CYLINDERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 30. GERMANY HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 31. GERMANY HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 32. GERMANY HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 33. UK HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 34. UK HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 35. UK HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 36. FRANCE HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 37. FRANCE HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 38. FRANCE HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 39. RUSSIA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 40. RUSSIA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 41. RUSSIA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 42. REST OF EUROPE HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 43. REST OF EUROPE HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 44. REST OF EUROPE HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 45. ASIA-PACIFIC HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 46. ASIA-PACIFIC HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 47. ASIA-PACIFIC HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 48. ASIA-PACIFIC HYDRAULIC CYLINDERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 49. CHINA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 50. CHINA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 51. CHINA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 52. JAPAN HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 53. JAPAN HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 54. JAPAN HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 55. INDIA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 56. INDIA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 57. INDIA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 58. SOUTH KOREA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 59. SOUTH KOREA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 60. SOUTH KOREA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 61. REST OF ASIA-PACIFIC HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 62. REST OF ASIA PACIFIC HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 63. REST OF ASIA PACIFIC HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 64. LAMEA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
TABLE 65. LAMEA HYDRAULIC CYLINDERS MARKET, BY DESIGN, 20172025 ($MILLION)
TABLE 66. LAMEA HYDRAULIC CYLINDERS MARKET, BY BORE SIZE, 20172025 ($MILLION)
TABLE 67. LAMEA HYDRAULIC CYLINDERS MARKET, BY COUNTRY, 20172025 ($MILLION)
TABLE 68. LATIN AMERICA HYDRAULIC CYLINDERS MARKET, BY FUNCTION, 20172025 ($MILLION)
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