The global hydraulic cylinder market size was USD 14.30 Billion in 2021 and is expected to register a revenue CAGR of 4% during the forecast period, according to latest analysis by Emergen Research. Increasing application of hydraulic cylinders in heavy equipment employed during construction activities and increasing urbanization in emerging , such as India, China, and others, are major factors driving market revenue growth. In addition, the shipping industry is a major consumer of hydraulic cylinders due to its advantages associated with lifting heavy loads, which is another factor driving market revenue growth. Ongoing construction activities in various countries are gradually becoming more complex due to technicalities associated with it. Although, there had been a significant decline in construction activities during COVID-19 pandemic, but the market has regained its momentum as lockdown and trade restrictions have been lifted. Moreover, increasing support from governments in various countries has prompted this industry to rapidly adopt advanced construction equipment and develop sustainable infrastructure projects. In the construction industry, hydraulic cylinders are readily incorporated in machinery such as excavators, trenchers, road construction planners, and others. Furthermore, increasing preference is mainly due to their excellent resistance against corrosion, extreme temperatures, and weather changes. In shipping applications, hydraulic cylinders’ aid in lifting compartments that weigh around 30 to 42 tons.

Some niche products and services believed to be revenue generators are also included in the report. Apart from this, a wide range of products from various segments and sub-segments expected to present greater opportunities in the Hydraulic Cylinder industry are discussed in the document. Development of new products and substitutes that will completely transform the market dynamics over the forecast period occupies a special section in the report.

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Key Players operating in the industry are:

Enerpac Tool Group, Bosch Rexroth AG, Caterpillar, Eaton, KYB Corporation, Parker Hannifin Corp, SMC Corporation, Hengli hydraulic, Hydac International GmbH, Standex International Corporation, Texas Hydraulics, and Weber-Hydraulic GmbH

Radical Features of the Hydraulic Cylinder Market Report:

• The report encompasses Hydraulic Cylinder market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
• An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
• Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
• Supply chain analysis along with technological advancements offered in the report
• The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Hydraulic Cylinder industry

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Global Hydraulic Cylinder Market Segmentation based on Product Types and Application Spectrum:

• Function Outlook (Revenue, USD Billion; 2019-2030)

  • Double-Acting Hydraulic Cylinders
  • Single-Acting Hydraulic Cylinders

• Specification Outlook (Revenue, USD Billion; 2019-2030)

  • Welded Cylinders
  • Tie Rod Cylinders
  • Telescopic Cylinders
  • Mill Type Hydraulic Cylinders

• Industry Outlook (Revenue, USD Billion; 2019-2030)

  • Construction
  • Automotive
  • Oil & Gas
  • Others

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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