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What's Driving the Hydraulic Cylinder Market Growth? Bosch Rexroth, Wipro, United Hydraulics, Caterpillar, Eaton Corporation
Hydraulic Cylinder Market
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Based on the product, the hydraulic cylinder market is mainly divided into welded and tie rod. Welded hydraulic cylinder industry will surpass a revenue collection of USD 11 billion by 2025. The extensive use of this product in the construction, mining, industrial, and material handling sectors will augment the market growth noticeably. The surging expansion of the agricultural equipment industry will propel the demand for tie rods, which will grow at an annual growth rate of more than 6% over the period of 2016 to 2025.
Double acting and single acting are the main functional trends of hydraulic cylinder industry. Double acting hydraulic cylinder will collect a revenue above USD 11 billion by 2025, primarily due to the usage of double acting hydraulic cylinders in applications where gravity is the prominent factor, affecting the acceleration and retardation. In addition, double acting function based hydraulic cylinders are extensively used for heavy trucks, forklifting, and earth moving equipment, which will considerably drive overall hydraulic cylinder market share. Single acting hydraulic cylinder market was worth USD 3.12 billion in 2015 and will record substantial growth rate over the coming timeframe.
Geographically, U.S. hydraulic cylinder industry is predicted to generate a revenue of more than USD 3 billion by 2025, owing to heavy investments in the material handling, defense, and aerospace sectors.
China hydraulic cylinder market will collect a revenue of more than USD 1 billion by 2025. The growth can be attributed to the increasing expenditure in infrastructure development. In the years ahead, the Chinese government is willing to invest around USD 151 million in Hubei Xiaogan logistics infrastructure project.
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Brazil hydraulic cylinder industry will exhibit an annual growth rate of more than 4% over the period of 2016 to 2025, primarily driven by rising investments in the transportation sector. Russia hydraulic cylinder market will also register a CAGR of more than 3% over the coming eight years. The growth can be attributed to the surging requirement of construction and agricultural equipment.
Leading Key Players in Hydraulic Cylinder Market are: Bosch Rexroth AG, Wipro Infrastructure Engineering, United Hydraulics, Best Metal Products, Bailey International LLC, Aggressive Hydraulics, Inc., Caterpillar, Inc., Eaton Corporation PLC, Enerpac Corp., Hannon Hydraulics, LLC, Hyco International, Inc., Ligon Industries, LLC, Parker-Hannifin Corporation, Perfection Hydraulics, Precision Hydraulic Cylinders, Inc, Prince Manufacturing Corporation, Texas Hydraulics, Inc., YELETSGIDROAGREGAT, Norrhydro Oy, Hydrapac Italia, Hydrosila, Burnside Autocyl (Tullow) Ltd., Pacoma GmbH, CHAPEL HYDRAULIQUE, WEBER-HYDRAULIK Group, Baltic Hydraulic Cylinders
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 market estimates and forecast from single acting cylinders, 2013 - 2025
4.2.2 Global market volume from single acting cylinders, by region, 2013 - 2025
4.2.3 Global market revenue from single acting cylinders, by region, 2013 - 2025
4.3 Double Acting Cylinders
4.3.1 Global market revenue from double acting cylinders, 2013 - 2025
4.3.2 Global market volume from double acting cylinders, by region, 2013 - 2025
4.3.3 Global market revenue from double acting cylinders, by region, 2013 - 2025
Chapter 5 Hydraulic Cylinder Market Insights, By Water Depth
5.1 Hydraulic cylinder market share by product, 2015 & 2025
5.2 Tie Rod Cylinder
5.2.1 Global market estimates and forecast from tie rod cylinder, 2013 - 2025
5.2.2 Global market volume from tie rod cylinder, by region, 2013 - 2025
5.2.3 Global market revenue from tie rod cylinder, by region, 2013 - 2025
5.3 Welded Cylinder
5.3.1 Global market estimates and forecast from welded cylinder, 2013 - 2025
5.3.2 Global market volume from welded cylinder, by region, 2013 - 2025
5.3.3 Global market revenue from welded cylinder, by region, 2013 - 2025
Read More About Hydraulic Cylinder Market At, https://www.globenewswire.com/news-release/2017/08/08/1081505/0/en/Hydraulic-Cylinder-Market-to-hit-16-4-billion-by-2025-growing-at-6-CAGR-Global-Market-Insights-Inc.html
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