Press release
Hydraulic Cylinder Market Report 2023 : By Size, Share, Drivers And Forecast 2032 | Bosch Rexroth, Eaton, SMC Corporation, HYDAC, Texas Hydraulics Inc.
Hydraulic Cylinder Market
As per the hydraulic cylinder market report by The Business Research Company, the significant increase in demand from the construction industry is expected to drive the growth of the hydraulic cylinder market. Since construction projects are becoming more complex with higher demand for infrastructure, the construction industry has been the most affected industry by the development of and implementation of hydraulic technologies.
The global hydraulic cylinder market size grew from $17.47 billion in 2022 to $18.33 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The hydraulic cylinder market size is expected to grow to $22.32 billion in 2027 at a CAGR of 5.0%.
Read More On The Hydraulic Cylinder Market Report Here:
https://www.thebusinessresearchcompany.com/report/hydraulic-cylinder-global-market-report
Major competitors in the Hydraulic Cylinder market include Bosch Rexroth, Eaton, SMC Corporation, HYDAC, Texas Hydraulics Inc., Parker-Hannifin Corporation, Wipro Enterprises, LEO engineers, BDI, Enerpac Tool Group, Caterpillar Inc., Zenith Hydromatic, Spareage Hydro, and Kangaroo Hydraulics Private Limited.
The Hydraulic Cylinder market is segmented -
By Function: Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder
By Specification: Telescopic Cylinder, Tie Rod Cylinder, Mill Type Cylinder, Welded Cylinder
By Bore Size: Less Than 50 MM, 50 to 150 MM, Greater Than 150 MM
By Application: Industrial Equipment, Mobile Equipment
By End-User: Construction, Aerospace And Defense, Material Handling, Agriculture, Automotive, Mining, Oil And Gas, Marine, Other End-Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Hydraulic Cylinder market.
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Hydraulic cylinders refer to actuation devices that use pressurized hydraulic fluid to produce linear motion and force. It is a mechanical actuator that gives a unidirectional force through a unidirectional stroke.
The Table Of Content For The Hydraulic Cylinder Market Include:
1. Executive Summary
2. Hydraulic Cylinder Market Characteristics
3. Hydraulic Cylinder Market Trends And Strategies
4. Hydraulic Cylinder Market - Macro Economic Scenario
5. Hydraulic Cylinder Market Size And Growth
……
26. Africa Hydraulic Cylinder Market
27. Hydraulic Cylinder Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydraulic Cylinder Market
29. Hydraulic Cylinder Market Future Outlook and Potential Analysis
30. Appendix
The "Global Hydraulic Cylinder Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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