Hydraulic Cylinder Market Size - By Function (Single Acting, Double Acting), By Product (Tie rod, Welded), By Application (Mobile, Industrial) & Global Forecast, 2023

Description

List of Tables

Global Hydraulic Cylinder Market will witness over 4.6% CAGR between 2023 and 2032. The expanding construction and infrastructure development projects worldwide demand powerful and efficient hydraulic systems. The automation and industrialization of manufacturing processes require hydraulic cylinders for precise and reliable motion control. The agricultural sector's adoption of hydraulic systems enhances productivity. Additionally, the renewable energy sector's reliance on hydraulic cylinders for applications like wind turbines contributes to market expansion. The rising number of mergers and acquisitions between companies also supports the hydraulic cylinder market demand.

For instance, in May 2023, Miller Industries, Inc., the leading global producer of towing and recovery equipment, disclosed its acquisition of Southern Hydraulic Cylinder, Inc., a specialist in custom hydraulic cylinder manufacturing. This transaction, an all-cash deal, is valued at roughly $17.5 million, with adjustments for cash, pre-closing, and post-closing working capital considerations.

The overall Hydraulic Cylinder Market is classified based on product, application, and region.

The welded cylinders segment will undergo significant development from 2023 to 2032. These robust and durable components find extensive use in various applications, such as construction equipment and material-handling machinery. Their ability to withstand heavy loads and harsh operating conditions makes them indispensable. As industries continue seeking reliable and efficient hydraulic solutions, welded cylinders will remain a vital part of the hydraulic cylinder market share.

The industrial segment will register a commendable CAGR from 2023 to 2032. These versatile devices play a critical role in a wide range of industries, including manufacturing, mining, and construction. They provide precise and powerful motion control, enhancing efficiency and productivity. As industries modernize and automate their processes, the demand for hydraulic cylinders in industrial settings will continue to grow, making them essential components for various mechanical operations.

Asia Pacific hydraulic cylinder market will showcase an appreciable CAGR from 2023 to 2032. The dynamic industrial landscape and infrastructure development in countries like China and India drive the need for hydraulic cylinders across various sectors, including construction, manufacturing, and agriculture. As the region continues to experience economic growth and modernization, the demand for these essential components in Asia Pacific remains robust, contributing to hydraulic cylinder market expansion.

Product Code: 814

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid
  - 1.4.2.2 Unpaid

Chapter 2 Hydraulic Cylinder Industry Insights

2.1 Industry ecosystem analysis
- 2.1.1 Vendor Matrix
2.2 Regulatory landscape
2.3 Industry impact forces
- 2.3.1 Growth drivers
- 2.3.2 Industry pitfalls & challenges
2.4 COVID- 19 impact on the industry outlook
2.5 Growth potential analysis
2.6 Porter's Analysis
- 2.6.1 Bargaining power of suppliers
- 2.6.2 Bargaining power of buyers
- 2.6.3 Threat of new entrants
- 2.6.4 Threat of substitutes
2.7 PESTEL Analysis

Chapter 3 Competitive Benchmarking

3.1 Competitive landscape, 2022
- 3.1.1 Strategic dashboard
3.2 Innovation & sustainability landscape

Chapter 4 Hydraulic Cylinder Market, Function (Million Units, USD Million)

4.1 Key function trends
4.2 Single acting cylinders
4.3 Double acting cylinders

Chapter 5 Hydraulic Cylinder Market, By Product (Million Units, USD Million)

5.1 Key product trends
5.2 Tie-rod cylinders
5.3 Welded cylinders
5.4 Others

Chapter 6 Hydraulic Cylinder Market, By Application (Million Units, USD Million)

6.1 Key application trends
6.2 Mobile
6.3 Industrial

Chapter 7 Hydraulic Cylinder Market, By Region (Million Units, USD Million)

7.1 Key region trends
7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.2.3 Mexico
7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 Italy
7.4 Eurasia
- 7.4.1 Russia
- 7.4.2 Belarus
- 7.4.3 Kazakhstan
- 7.4.4 Armenia
- 7.4.5 Kyrgyzstan
7.5 CIS
- 7.5.1 Azerbaijan
- 7.5.2 Moldova
- 7.5.3 Tajikistan
- 7.5.4 Turkmenistan
- 7.5.5 Uzbekistan
7.6 Asia Pacific
- 7.6.1 China
- 7.6.2 India
- 7.6.3 Japan
7.7 Middle East
7.8 Africa
7.9 Latin America
- 7.9.1 Brazil
- 7.9.2 Argentina

Chapter 8 Company Profiles

8.1 Prince Manufacturing Corporation
8.2 Aggressive, Inc
8.3 Eaton
8.4 Bosch Rexroth (India) Private Limited.
8.5 Best Metal Products
8.6 Wipro Infrastructure Engineering
8.7 Caterpillar
8.8 ENERPAC
8.9 Montanhydraulik GmbH
8.10 Hydrosila
8.11 Pacoma GmbH
8.12 PARKER HANNIFIN CORP
8.13 Weber-Hydraulik Group
8.14 Texas Inc,
8.15 Norrhydro Oy.