A hydraulic cylinder is a mechanical actuator that produces linear motion and unidirectional force by using pressurized hydraulic fluid. It converts the energy stored in the hydraulic fluid into a force, allowing the linear motion of the cylinder.
For industry structure analysis, the hydraulic cylinder components industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 25% of the revenue market.
For forecast, the global hydraulic cylinder components revenue would keep increasing with annual growth rate with 1~3%, and a little higher speed in China. We tend to believe that this industry still has a bright future, considering the current demand of valves. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
According to this study, over the next five years the Hydraulic Components market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 7400 million by 2024, from US$ 5810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hydraulic Components business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Components market by product type, application, key manufacturers and key regions and countries.
This study considers the Hydraulic Components value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Cylinder Barrel
Piston
Piston Rod
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Single Acting Cylinders
Double Acting Cylinders
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Eaton
Weber-Hydraulik
Bosch Rexroth
Hydratech Industries
Pacoma
Cromsteel(ASO)
Nurmi Hydraulics
Parker
Ligon Industries
Caterpillar
Enerpac
Wipro Enterprises
KYB
DY Power
Komatsu
Hunan Teli
Hengli
Bengbu Yeli
Hubei Jiaheng
Changjiang Hydraulic
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hydraulic Components consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hydraulic Components market by identifying its various subsegments.
Focuses on the key global Hydraulic Components manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hydraulic Components with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hydraulic Components submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
