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Hydraulic Cylinder Market Size Forecasted To Achieve $25.6 Billion By 2029 With Steady Growth

05-13-2025 08:12 AM CET | Industry, Real Estate & Construction

Press release from: The Business Research Company

Hydraulic Cylinder

Hydraulic Cylinder

The Hydraulic Cylinder Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Hydraulic Cylinder Market Size During the Forecast Period?
In the past few years, the hydraulic cylinder market has experienced significant growth. It is anticipated to expand from a value of $19.3 billion in 2024 to $20.34 billion in 2025, equivalent to a compound annual growth rate (CAGR) of 5.4%. The previous growth in this market can be linked to factors such as industrial expansion, increasing automation, infrastructural development, activities in mining and exploration, the manufacturing sector's progression, and investments in the energy sector.

In the coming years, the hydraulic cylinder market is predicted to witness robust growth, expanding to $25.6 billion in 2029 with a compound annual growth rate (CAGR) of 5.9%. The growth during the forecast period is likely due to the surge in automation, expansion of renewable energy, rapid urbanization and construction surge, focus on sustainability, and resilience in the mining industry. The forecast period is expected to see trends such as utilization of advanced materials, the implementation of intelligent hydraulic systems, emphasis on environmental sustainability, industry-specific customization, energy-saving solutions, and integration of robotics and automation.

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What Are the High-Growth Segments in the Hydraulic Cylinder Market?
The hydraulic cylinder market covered in this report is segmented -

1) By Function: Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder
2) By Specification: Telescopic Cylinder, Tie Rod Cylinder, Mill Type Cylinder, Welded Cylinder
3) By Bore Size: Less Than 50 MM, 50 to 150 MM, Greater Than 150 MM
4) By Application: Industrial Equipment, Mobile Equipment
5) By End-User: Construction, Aerospace And Defense, Material Handling, Agriculture, Automotive, Mining, Oil And Gas, Marine, Other End-Users

Subsegments:
1) By Single Acting Hydraulic Cylinder: Spring Return Single Acting Cylinders, Gravity Return Single Acting Cylinders
2) By Double Acting Hydraulic Cylinder: Standard Double Acting Cylinders, Cushioning Double Acting Cylinders, Double Acting Telescopic Cylinders

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What Key Drivers Are Expected to Influence Future Hydraulic Cylinder Market Growth?
The hydraulic cylinder market's growth is anticipated to be propelled by the noticeably escalating demand from the construction industry. The complexity of construction projects and the increasing demand for infrastructure have significantly impacted the industry by the creation and application of hydraulic technologies. As per the Ministry of Statistics and Programme Implementation, a ministry under the Government of India that looks after the quality and extent of statistics, the construction sector's growth is anticipated to surge in double digits in FY22. This rebound will compensate an 8.6% slump from the previous year, largely due to the economy's predicted 9.2% growth and base impact. Hence, the construction industry's increasing demand is predicted to fuel the expansion of the hydraulic cylinder market.

Which Companies Hold the Largest Share Across Different Hydraulic Cylinder Market Segments?
Major companies operating in the hydraulic cylinder market include Caterpillar Inc., Linde plc, Eaton Corporation, Parker-Hannifin Corporation, Liebherr Group, Kawasaki Heavy Industries Ltd., Wipro Infrastructure Engineering (WIN), Bosch Rexroth, SMC Corporation, HYDAC International GmbH, The Jiangsu Hengli Hydraulic Co. Ltd., Taiyo Ltd., Enerpac Tool Group, Sun Hydraulics LLC, Texas Hydraulics Inc., Prince Manufacturing Corporation, Ligon Industries LLC, Zenith Hydromatic, LEO engineers, Spareage Hydro, Kangaroo Hydraulics Private Limited, Swapnapoorti Hydraulics, KYB Americas Corporation

What Trends Are Driving Growth in The Hydraulic Cylinder Market?
Product innovation has emerged as a crucial trend in the hydraulic cylinder market, gaining traction among numerous entities in the sector. Many businesses within the market are keen on introducing innovative products to bolster their market stronghold. For example, in September 2024, Idroteck, a hydraulic components manufacturer based in Italy, released a new database of BIM models for its hydraulic compact cylinders, fueled by CADENAS. This move was designed to refine the design process for engineers and designers, providing them with immediate access to precise 3D models of Idroteck's products. The database offers a user-friendly interface, enabling users to search for and download models in a variety of formats that work with assorted CAD software. The integration of these models in their respective designs allows users to enhance workflows and boost project efficiency, underscoring Idroteck's dedication to the engineering sector and its advocacy for innovation.

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What Are the Emerging Geographies for The Hydraulic Cylinder Market Growth?
Asia-Pacific was the largest region in the hydraulic cylinder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic cylinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Hydraulic Cylinder Market?
2. What is the CAGR expected in the Hydraulic Cylinder Market?
3. What Are the Key Innovations Transforming the Hydraulic Cylinder Industry?
4. Which Region Is Leading the Hydraulic Cylinder Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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