Press release
Industrial Hydraulic Shock Absorber Market Set for Rapid Growth, to Reach $300 Mn by 2025
This report studies the global Industrial Hydraulic Shock Absorber market status and forecast, categorizes the global Industrial Hydraulic Shock Absorber market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).Industrial shock absorbers are hydraulic components that reliably decelerate moving masses allowing machines to operate at faster speeds and reduce maintenance costs. Industrial shock absorbers work by restricting the flow of oil through a series of metering holes. When the piston rod is pushed into the cylinder, oil is displaced through differing sized holes which are progressively closed off. As a result the speed gradually decreases as the shock absorber is compressed providing the lowest possible reaction force.
Europe and North America regions are estimated to remain dominant the Industrial Hydraulic Shock Absorber market over the forecast period, due to high product maturity and high technological advancements in industry. Latin America and Middle-East & Africa markets are estimated to witness high growth potential over the forecast period.
The Asia-Pacific shock absorbers market is estimated to witness the highest growth rate over the forecast period. Countries, such as China and India are estimated to be growth drivers in the Asia-Pacific shock absorbers market.
The global Industrial Hydraulic Shock Absorber market is valued at 300 million US$ in 2017 and will reach 300 million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major manufacturers covered in this report
Parker
ITT Enidine
ACE Controls
AVENTICS
Weforma
Zimmer Group
Taylor Devices
Modern Industries
Hanchen
Wuxi BCD
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
By Function
Adjustable Shock Absorber
Non-adjustable Shock Absorber
By Thread Size
Miniature Shock Absorber
Mega-Line Shock Absorber
Heavy Shock Absorber
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Metalworking
Factory Automation
Material Handling & Packaging
Pharmaceutical & Medical
Others
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