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Hydraulic Cylinder Market Outlook Growths, Global Development Factors, Top Companies, Research Method and Forecast 2025

02-17-2020 02:00 PM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Global Market Insights has announced the launch of Hydraulic Cylinder Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

The size of Hydraulic Cylinder Market was registered at USD 10 billion in the year 2015 and is anticipated to cross USD 16 billion by 2025. Between the period 2019 - 2025, the Hydraulic Cylinder Market is expected to register a CAGR of 8%. U.S. hydraulic cylinder industry is projected to surpass a revenue of USD 3 billion by 2025, subject to the heavy funding in the defense, material handling and aerospace industries. Hydraulic cylinder industry share in China is foreseen to reach USD 1 billion by 2025, subject to the favorable government norms pertaining to infrastructural growth activities. In 2016, the government of China had stated that it will provide funds of USD 51.02 million for its Hubei Xiaogan logistics infrastructure venture. The remaining USD 100 million is to be financed by the World Bank.

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Based on the product trends, hydraulic cylinder industry is segmented into tie rod hydraulic cylinders and welded hydraulic cylinders. Tie rod hydraulic cylinder industry is anticipated to observe significant gains of 6% during 2016-2025, subject to its noteworthy applications in farming.

Welded hydraulic cylinder market, which led the product landscape in 2015, is slated to collect a revenue of more than USD 11 billion by 2025. Its extensive usage in heavy mining and construction activities will significantly increase the product demand.

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Hydraulic cylinders find wide applications in the industrial and mobile sectors. Hydraulic cylinder industry size in the industrial sector, which accounted for 32% of overall revenue in 2015, is predicted to register an annual growth of 4% over 2016-2025. Mobile applications, which collected a revenue of USD 7.05 billion in 2015, are forecast to grow at a CAGR of 4% over the next few years. High demand for material handling equipment along with growing urbanization will supplement the growth.

Hydraulic cylinders work in the single acting and double acting function modes. Double acting hydraulic cylinder industry, which amassed a revenue of USD 7 billion in 2015, is perceived to touch the revenue margin of USD 11 billion by 2025. It finds widespread application in heavy trucks, forklifting, and earth moving equipment. Single acting hydraulic cylinder market, worth USD 3.12 billion in 2015, is expected to grow strikingly over the years to come. Its uni-directional function and high operational efficiency, especially for DC power applications will push the revenue.

Partial Table of Contents (ToC) of the report:
Chapter 4 Hydraulic Cylinder function Insights
4.1 Hydraulic cylinder market share by function, 2015 & 2025
4.2 Single Acting Cylinders
4.2.1 Global hydraulic cylinder market estimates and forecast from single acting cylinders, 2013 - 2025
4.2.2 Global hydraulic cylinder market volume from single acting cylinders, by region, 2013 - 2025
4.2.3 Global hydraulic cylinder market revenue from single acting cylinders, by region, 2013 - 2025
4.3 Double Acting Cylinders
4.3.1 Market revenue from double acting cylinders, 2013 - 2025
4.3. Market volume from double acting cylinders, by region, 2013 - 2025
4.3.3 Global hydraulic cylinder industry revenue from double acting cylinders, by region, 2013 - 2025

Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/hydraulic-cylinder-market

Eaton Corporation Plc, Hydrosila, Chapel hydraulique, Texas Instruments Incorporation, Bosch Rexroth AG, Parker-Hannifin Corporation, Caterpillar Incorporation, Ligon Industries LLC, Norrhydro Oy, Wipro Infrastructure Engineering, Prince Manufacturing Corporation, Bailey International LLC, Hyco International Incorporation, Pacoma GmbH, Weber-Hydraulik GmbH, Precision Group, Enerpac Corporation, Aggressive Incorporation, and Burnside Autocyl Limited are the major participants of hydraulic cylinder industry.

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: mailto:sales@gminsights.com

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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