Press release
Double Acting Hydraulic Cylinders to Hold Close to 50% Market Share: Persistence Market Research
Global hydraulic cylinder sales are set to be valued at over US$ 14 Bn in 2021, with stable long-term projections, according to latest insights by Persistence Market Research.The report estimates the market to expand at around 4.5% CAGR from 2021 to 2031. Growing prominence of industrial and mobile equipment has led to heightened demand for hydraulic cylinders. Rapid technological advancements are also projected to complement market growth over the coming years.
CLICK HERE TO GET A SAMPLE REPORT (INCLUDING FULL TOC, TABLE & FIGURES) – https://www.persistencemarketresearch.com/samples/4713
Demand for hydraulic cylinders waned in 2020 due to the COVID-19 pandemic. However, demand for mobile industrial equipment is in a recovery mode, which bodes well for the sales of these cylinders in future. Considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive.
Key Takeaways from Market Study
Demand for hydraulic cylinders is increasing with rise in industrial and mobile equipment production and sales over the past few years due to increase in investments and expansion of new industries in developing nations.
Due to the need for mass production, process automation has become a strong trend in the hydraulic cylinder market of late. The market is shifting towards Industry 4.0 norms, leading to the promotion and almost universal adoption of new technologies.
There is increasing demand from construction and agriculture industries for deployment of modern equipment for various applications.
Increasing number of players focusing on R&D related to hydraulic cylinders is anticipated to have a significant contribution to market growth over the years to come.
Double acting hydraulic cylinders to hold over 48% of market share.
Mobile equipment is projected to hold over 66% overall market share, as an application, by 2031-end.
The global hydraulic cylinder market witnessed a slump in 2020 due to the COVID-19 pandemic, with a recorded growth of -4.5%.
The market in India and China is set to surge at around 7% and 6% CAGR, respectively, over the next ten years.
GET A CUSTOMIZED SCOPE TO MATCH YOUR NEED ASK AN EXPERT – https://www.persistencemarketresearch.com/ask-an-expert/4713
“Rising demand for mobile equipment for various end-use applications in recent years is expected to provide an impetus to hydraulic cylinder sales,” says a Persistence Market Research analyst.
Competitive Landscape
The market is moderately consolidated, with key players accounting for more than half of the market share. These players are likely to invest in new technology developments and expansion of their networks in order to maintain their market shares. Some of the key players in this industry are Bosch Rexroth AG, Actuant Corporation, Eaton Corporation, Parker Hannifin Corp, Caterpillar Inc., Jiangsu Hengli Hydraulic Co., Ltd., HYDAC, Wipro Enterprises Limited, SMC Corporation, and Liebherr Group.
Read More Trending “PMR Exclusive Article”- https://www.prnewswire.com/news-releases/hydraulic-cylinder-market-to-expand-at-around-4-5-cagr-from-2021-to-2031-persistence-market-research-301310027.html
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.
Contact us:
Persistence Market Research
305 Broadway, 7th Floor,
New York City, NY 10007
United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Double Acting Hydraulic Cylinders to Hold Close to 50% Market Share: Persistence Market Research here
News-ID: 2426593 • Views: …
More Releases from Persistence Market Research

Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health …
Overview of the Global Fruit Ingredients Market
The global fruit ingredients market is witnessing significant growth, driven by rising consumer demand for natural, clean-label, and nutrient-rich food products. In 2025, the market is likely to be valued at US$ 75.0 billion and is expected to reach US$ 111.3 billion by 2032, registering a robust CAGR of 5.8% during the forecast period. Fruit ingredients, which include fruit concentrates, purees, powders, and extracts,…

Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Pla …
Overview of the Market
The global vegan dessert market is poised for significant expansion, with an estimated valuation of US$ 5.2 billion in 2025, projected to reach US$ 11.9 billion by 2032. This robust growth reflects a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2025 to 2032. Increasing consumer awareness about health, environmental sustainability, and ethical food consumption is driving the widespread adoption of vegan dessert…

Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenienc …
Overview of the Global Instant Beverage Premix Market
The global instant beverage premix market has witnessed remarkable growth over the past decade, driven by evolving consumer lifestyles and increasing demand for convenient, ready-to-consume beverages. Instant beverage premixes, encompassing products such as instant coffee, tea, flavored drinks, protein powders, and nutritional supplements, cater to busy consumers seeking quick preparation without compromising on taste or nutritional value. These premixes have gained popularity across…

Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Mar …
The global dermacosmetics market, estimated at US$ 53 billion in 2025, is forecasted to witness a steady upward trajectory, expanding at a Compound Annual Growth Rate (CAGR) of 7.4% to reach US$ 87.3 billion by 2032. This surge is driven by a confluence of factors ranging from increasing consumer awareness and the rising incidence of skin conditions to a growing preference for advanced, dermatologist-backed skincare solutions. Dermacosmetics, a category that…
More Releases for Hydraulic
Hydraulic Cylinders: Powering Growth in the Hydraulic Tools Market
The hydraulic tools market is a critical sector, providing essential equipment for construction, manufacturing, and heavy industry. Within this dynamic market, the hydraulic cylinder segment stands out as a high-opportunity area, serving as the core component that drives the power and functionality of countless hydraulic tools.
Market Dynamics and Growth Drivers
Hydraulic cylinders convert fluid pressure into linear force, enabling the operation of a wide range of hydraulic tools, from jacks and…
Sealing Components and Hydraulic Hose Suppliers for Shielded Hydraulic Supports
Shaanxi Kelong New Materials Co., Ltd. [https://www.snkelong-sealhose.com/about-us/] is an enterprise focusing on the research and development and production of new materials. It is committed to providing high-quality sealing series products and hydraulic hose series products for coal, mining, chemical industry and other fields.
In a cooperation project with Shandong Mining Machinery Huaneng Equipment Manufacturing Co., Ltd., Shaanxi Kelong New Materials Co., Ltd. successfully developed a shielded hydraulic support. This stand uses…
Ningbo Vicks Hydraulic: Hydraulic System Features And Applications
Hydraulic System [https://www.vickshydraulic.com/products/servo-system/] and Servo System for Machine: A Powerful Combination
In the world of industrial machinery, the combination of a hydraulic system and a servo system has proven to be a powerful and efficient solution for various applications. The hydraulic system utilizes fluid power to generate force and motion, while the servo system uses feedback control to precisely regulate the movement of the machine. When these two systems are integrated,…
Compared With Ordinary Hydraulic Systems, Servo Hydraulic Systems Have Many Adva …
The servo system is an energy-saving and efficient hydraulic control method that uses a servo motor to drive the main transmission oil pump, reduce the control valve circuit, and control the hydraulic system slide. It is suitable for stamping, die forging, press fitting, die casting, injection molding, straightening, and other processes.
Compared with ordinary hydraulic presses, servo hydraulic presses [https://www.zx-hydraulic.com/news/what-is-a-servo-hydraulic-press/] have the advantages of energy saving, low noise, high efficiency, good…
Global Hydraulic Piston Pumps Market Forecast 2018-2025 Eaton, Oilgear, Kamat, H …
Recently added detailed market study "Global Hydraulic Piston Pumps Market" examines the performance of the Hydraulic Piston Pumps market 2018. It encloses an in-depth Research of the Hydraulic Piston Pumps market state and the competitive landscape globally. This report analyzes the potential of Hydraulic Piston Pumps market in the present and the future prospects from various angles in detail.
The Global Hydraulic Piston Pumps Market 2018 report includes Hydraulic Piston Pumps…
Global Umbilical Market: By Type- Hydraulic, Electro Hydraulic, Electro-Fiber Op …
Latest industry research report on: Global Umbilical Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
Increasing concern towards declining crude oil prices coupled with the restoration of mature fields and exploring deep sea oil and gas reservoirs drive the growth of Umbilical Market.
Request For Sample Report @ http://www.marketresearchreports.biz/sample/sample/717439
The Global Umbilical Market in Oil and Gas Industry has been growing at a positive rate, on account…