The global hydraulic cylinder market is expected to reach $1,33.3 million by 2025 from $155.5 million in 2017, and is expected to grow at an annual average of 5% from 2018 to 2025.
Hydraulic cylinders are used to generate mechanical forces in linear motion using hydraulic fluid. Hydraulic oil under hydraulic pressure acts on the surface and causes a linear motion of the piston directly connected to the load. Hydraulic oils include mineral oils, synthetic oils and emulsions. Hydraulic cylinders have many applications, such as construction equipment, engineering vehicles, manufacturing machinery and civil engineering.
Factors such as the increasing demand for efficient construction and mining activities and the emergence of new technologies are driving the demand for material handling equipment, stimulating the growth of the hydraulic cylinder market. However, high cost and regular maintenance hinder market growth. In addition, the continued launch of new and improved technologies is expected to provide profitable growth opportunities for this market worldwide.
A full report of Hydraulic Cylinders Market is available at: https://www.orionmarketreports.com/hydraulic-cylinders-market/41782/
Hydraulic Cylinders Market Segmentation
By Function
• Single acting cylinders
• Double acting cylinders
By Design
• Tie-rod cylinders
• Welded cylinders
By Bore Size
• Less than 50mm
• 51mm to 100mm
• 101mm to 150mm
• Greater than 151mm
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Hydraulic Cylinders Market Report
• What was the Hydraulic Cylinders Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of Hydraulic Cylinders Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Hydraulic Cylinders Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
