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Hydraulic Actuators Market Leading Players, Challenges, Opportunity, Latest Trends 2022

03-13-2020 10:06 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Hydraulic Actuators

Hydraulic Actuators

Hydraulic Actuators Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $2.4 billion by 2022, registering a CAGR of 3.6% during the forecast period 2016 - 2022. Asia-Pacific leads the hydraulic actuator market, followed by North America. Growth in the region would be supplemented by increasing construction and manufacturing activities and rising demand from developing countries including China and India.
The application segment comprises mobile equipment, industrial, and aviation & others. In 2014, mobile equipment segment occupied a prominent share of the overall market revenue, followed by industrial segment. Moreover, the segment is anticipated to grow at the fastest CAGR of 3.9% during the forecast period, owing to increasing demand for construction, mining and agriculture equipment across the globe. The industrial segment is anticipated to grow at a notable pace due to increasing usage of hydraulic actuators in manufacturing equipment.

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From a growth perspective, Asia-Pacific is anticipated to witness the fastest CAGR of around 5% during the forecast period, on account of increasing demand from countries such as China, India, Australia and others. LAMEA is estimated to grow at a CAGR of 3.7% during 2016 2022, due to increasing usage of hydraulic actuators in mining, oil exploration and construction activities in the region.

Key Findings:
In the year 2014, Asia-Pacific was the highest revenue-generating region, followed by North America.
Growth in LAMEA is expected to be supplemented by the increasing usage of hydraulic actuators in construction, mining and oil extraction activities.
Linear actuators would continue to be the major revenue generating segment throughout the forecast period.
In terms of market by application, mobile equipment was the major revenue-generating application segment in 2014.

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Key players profiled in the report are Flowserve Corporation, Emerson Electric Co., Cameron International Corporation, Rotork plc, Parker-Hannifin Corporation, Eaton Corporation, Pentair Plc, Bosch Rexroth Group, Wipro Infrastructure Engineering, and SMC Corporation.

Key Benefits:
o The report provides a qualitative and quantitative analysis of the current Hydraulic Actuators market trends, forecasts, and market size from 2020 to 2026 to determine new opportunities.
o Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.
o Top impacting factors & major investment pockets are highlighted in the research.
o The major countries in each region are analyzed and their revenue contribution is mentioned.
o The market player positioning segment provides an understanding of the current position of the market players active in the Hydraulic Actuators.
Key offerings of the report:
o Key drivers & Opportunities: Detailed analysis on driving factors and opportunities in different segments for strategizing.
o Current trends & forecasts: Comprehensive analysis on latest trends, development, and forecasts for next few years to take next steps.
o Segmental analysis: Each segment analysis and driving factors along with revenue forecasts and growth rate analysis.
o Regional Analysis: Thorough analysis of each region help market players devise expansion strategies and take a leap.
o Competitive Landscape: Extensive insights on each of the leading market players for outlining competitive scenario and take steps accordingly.

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About us:
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.

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