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