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Global Hydraulic Cylinder Market Analysis by Function, Specification, application, bore size, industry, Region and segments forecast till 2033
Market Overview
The Global Hydraulic Cylinder Market is estimated to reveal a substantial growth of a CAGR of 4% during the forecasted period of 2023 to 2033. The Global Hydraulic Cylinder Market was valued at USD 14,015 million in 2022 and is estimated to display a gigantic move to USD 22,300 million by 2033.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 14,015 Million |
Market Forecast in 2033 | USD 22,300 Million |
CAGR % 2023-2033 | 4% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Function, Specification, application, bore size, industry |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | WEBER-HYDRAULIK GMBH, Ognibene, Hidrover Hydraulic Equipment, Rosenboom, Sahgev, Wipro Infrastructure Engineering, Hidroline, Energy Manufacturing Company, Inc., Hol-Mac Corporation, Monarch Industries, BOBALEE Hydraulics, Dongyang Mechatronics Corp, Serta Group, Jiangsu Hengli Hydraulic Co. Ltd., Caterpillar, Volvo Group, Komatsu, KUBOTA Corporation, CNH Industrial N.V., AGCO Corporation, and CLAAS KGaA mbH. |
A hydraulic cylinder additionally called a linear hydraulic motor, is a mechanical actuator that is utilized to give a unidirectional power through a unidirectional stroke. It has numerous applications, eminently in construction hardware (designing vehicles), producing apparatus, lifts, and civil engineering. The manufacturing of hydraulic cylinder requires a many components which include:
Cylinder with completed inside and hard chrome covered cylinder poles used to forestall pitting and scoring
A cylinder and smash
Two end covers
Appropriate oil seals
The construction business' difficult and enormous infrastructure advancement projects are becoming progressively complex. Despite the fact that the COVID-19 pandemic adversely affected the construction business, it has now picked up pace owing to the rise in construction expenditure in the APAC region and surge in the number of infrastructure ventures in Europe. Excavators, tractors, diggers, street construction planers, and unloaders are among the development hardware (fitted with hydraulic cylinder) that are projected to see expanded request because of new infrastructure advancement plans and activities. Therefore, the market for hydraulic cylinders is supposed to develop.
Hydraulic cylinders utilize hydraulic driven liquids, essentially oil, to work. Oil spillage in Hydraulic cylinder is brought about by a wide assortment of reasons including inappropriate fittings and associations, as well as outside conditions like vibrations, shocks, and temperature variances. The issue of spillage exists for the most part in ventures, for example, mining and development, which include significant earthworks and the arrangement of immense fixed and portable units in environmentally sensitive areas. This leak isn't just expensive, yet it is additionally risky to the environment and workers. Moreover, unanticipated spillage creates setbacks for the airplane area, bringing about over the top expenses, particularly when these episodes happen consistently.
Developing construction activities are contributing fundamentally to the development of the global hydraulic industry. Hydraulic cylinders are popular in the construction business because of their enormous scope of capacities and applicability. These chambers are utilized in both large equipment (like tractors, bulldozers, and excavators, as well as more modest gear like diggers, lifts, and cement siphoning frameworks). Construction activities have expanded significantly as of late because of government financing and drives, particularly in developing economies. Thus, the worldwide Hydraulic cylinders market is seeing critical development patterns.
Dockyards in the transportation business are regularly heaped many feet high with delivery compartments of varying sizes and loads. Since lifting gear is utilized to move these enormous compartments, consequently, such lifting hardware is sought after in this industry. Also, as internet business has filled in popularity, the transportation business has flourished as of late, requiring the transport of merchandise across boundaries and oceans. Subsequently, the requirement for lifting hardware will rise, impelling the interest for Hydraulic cylinders.
Function Insights
The double acting dominates the market with the highest market share, and expecting to rule further. A double-acting hydraulic cylinder is a type of hydraulic cylinder that provides power in both directions of movement. This means that it can both push and pull with hydraulic force. Double-acting cylinders are commonly used in a wide range of applications, such as construction equipment, manufacturing machinery, and agricultural equipment.
Specification Insights
According to the specification, welded segment held the largest market share in the global hydraulic cylinder market among others. A welded hydraulic cylinder is a type of hydraulic cylinder used in various industrial applications to provide force in a linear motion. As the name suggests, these cylinders are made by welding together different components of the cylinder, including the barrel, end caps, and piston, to create a single unit.
Application Insights
The mobile segment holds the largest market share. It is assessed that the market will grow during the conjecture time frame also. A mobile hydraulic cylinder is a type of hydraulic cylinder that is specifically designed for use in mobile applications. It is a mechanical actuator that uses hydraulic pressure to generate force and motion, and is used to move loads or apply force in a variety of mobile equipment, such as excavators, bulldozers, cranes, and other heavy machinery.
Bore Size Insights
The 50- 150 MM segment consists a major number of markets share, because of its higher costs and transportation issues, the development of this segment has remained stagnant during the past years.
Industry Insights
An agricultural use hydraulic cylinder is a type of hydraulic cylinder designed specifically for use in farming and agricultural equipment. Hydraulic cylinders are a critical component in agricultural machinery, used to provide the force needed to perform a variety of tasks, such as lifting and moving heavy loads, operating implements and attachments, and steering tractors and other vehicles.
Regional Insights
In term of geographic region, the Global Hydraulic Cylinder Market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Based on Regional Analysis, Asia-Pacific holds the dominant position in 2020, and expected to grow further in future years.
In Argentina, Hydraulic cylinders are extensively utilized in different industries, such as construction, mining, agriculture, and manufacturing, as they are an indispensable element in equipment and machinery that require linear motion or force. These include presses, cranes, loaders, and excavators, among others.
Several companies in Argentina manufacture and supply hydraulic cylinders, including Hidraulica S.A., which is one of the leading manufacturers and has been producing hydraulic cylinders for over 60 years. EMA Cilindros Hidrulicos specializes in designing and manufacturing custom hydraulic cylinders with over 30 years of experience. DEMA Hidrulica, on the other hand, is a well-known producer of hydraulic cylinders, pumps, valves, and power packs. Cilindros Argentinos produces a diverse range of hydraulic cylinders for various applications, such as industrial equipment, agriculture, and construction.
Competitive Analysis
With the headway in technologies and accessibility of higher-grade unrefined material, significant market players in the hydraulic cylinders market are underlining on diminishing the size of hydraulic ram cylinders to get famous in their item classes. Then again, the local players are centered more around laying out bigger manufacturing units to diminish the expense of creation and sale hydraulic press cylinders at competitive costs. Concurrences with auto and other apparatus enterprises requiring hydraulic cylinder for delivering water powered frameworks is one more competitive methodology embraced by the greater part of the market players.
Global Hydraulic Cylinder Market- Segmental Analysis
by Function
Single acting
Double acting
by specification
Welded
Tie rod
Telescopic
Mill type
by application
Industrial
Mobile
by bore size
<50 MM
50-150 MM
>150 MM
by industry
Construction
Aerospace
Material handling
Agriculture
Mining
Automotive
Marine
Oil and Gas
Why to buy this Report?
The report provides quantitative and qualitative aspect for Global Hydraulic Cylinder Market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Global Hydraulic Cylinder Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
Business Model
Production Capacity, Revenue, Sales, Gross Margin
Key Business Strategy
SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the Card Type in taking a key decision within the business:
Company Share Analysis from 2020-2022
Company Analysis by Revenue and Sales
Company Production Capacity, Gross Margin
Company Share Analysis by Card Type/Card Type
Company Share Analysis by Product/Specification
1. Global Hydraulic Cylinder Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Hydraulic Cylinder Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years 2020 to 2021
1.3.2. Projected Data Reporting Years 2022 to 2033
1.3.3. Reporting Data Parameters Value (US$ Million)
1.4. Global Hydraulic Cylinder Market Scope and Market Estimation
1.4.1. Global Hydraulic Cylinder Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Hydraulic Cylinder Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Hydraulic Cylinder Market Segmentation
1.5.1. Function of Global Hydraulic Cylinder Market
1.5.2. Bore Size of Global Hydraulic Cylinder Market
1.5.3. Specification of Global Hydraulic Cylinder Market
1.5.4. Application of Global Hydraulic Cylinder Market
1.5.5. Industry of Global Hydraulic Cylinder Market
1.5.6. Key Regions of Global Hydraulic Cylinder Market
2. Global Hydraulic Cylinder Market - Executive Summary
2.1. Global Hydraulic Cylinder Market Summary & Snapshot
2.2. Global Hydraulic Cylinder Market, By Function (US$ Million)
2.3. Global Hydraulic Cylinder Market, By Bore Size (US$ Million)
2.4. Global Hydraulic Cylinder Market, By Specification (US$ Million)
2.5. Global Hydraulic Cylinder Market, By Application (US$ Million)
2.6. Global Hydraulic Cylinder Market, By Industry (US$ Million)
2.7. Global Hydraulic Cylinder Market, By Geography (US$ Million)
2.8. Global Hydraulic Cylinder Market Outlook & Future Opportunities
3. Hydraulic Cylinder Market Trends, Outlook, and Factors Analysis
3.1. Global Hydraulic Cylinder Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Hydraulic Cylinder Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Hydraulic Cylinder Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Significant demand from construction industry
3.2.1.2. Increasing demand for material handling equipment
3.2.1.3. Growing use in mining equipment
3.2.1.4. Rising demand for agricultural equipment
3.2.2. Restraints
3.2.3. Increased concerns regarding oil leaks
3.2.4. High manufacturing and maintenance costs
3.2.5. Opportunities
3.2.5.1. Increasing demand for lifting equipment in shipping industry
3.2.5.2. Growing focus on developing smart hydraulic cylinders
3.2.5.3. Continuous R&D and technological advancements in hydraulic cylinders
3.2.6. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porters Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Hydraulic Cylinder Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Hydraulic Cylinder Market
3.9.1. By Function
3.9.2. By Bore Size
3.9.3. By Specification
3.9.4. By Application
3.9.5. By Industry
3.9.6. By Regions
4. Global Hydraulic Cylinder Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Hydraulic Cylinder Market, 2020 2021 (US$ Million)
4.2. Global Hydraulic Cylinder Market, By Function, 2020 to 2021 (US$ Million)
4.3. Global Hydraulic Cylinder Market, By Bore Size, 2020 to 2021 (US$ Million)
4.4. Global Hydraulic Cylinder Market, By Specification, 2020 to 2021 (US$ Million)
4.5. Global Hydraulic Cylinder Market, By Application, 2020 to 2021 (US$ Million)
4.6. Global Hydraulic Cylinder Market, By Industry, 2020 to 2021 (US$ Million)
4.7. Global Hydraulic Cylinder Market, By Region, 2020 to 2021 (US$ Million)
5. Global Hydraulic Cylinder Market Estimates & Forecast Trend Analysis, by Function
5.1. Global Hydraulic Cylinder Market Share (%) Estimates and Forecasts, by Function, 2022 & 2033
5.2. Global Hydraulic Cylinder Market Revenue (US$ Million) Estimates and Forecasts, by Function, 2022 to 2033
5.2.1. Single-acting
5.2.2. Double-acting
6. Global Hydraulic Cylinder Market Estimates & Forecast Trend Analysis, by Bore Size
6.1. Global Hydraulic Cylinder Market Share (%) Estimates and Forecasts, by Bore Size, 2022 & 2033
6.2. Global Hydraulic Cylinder Market Revenue (US$ Million) Estimates and Forecasts, by Bore Size, 2022 to 2033
6.2.1. <50 MM
6.2.2. 50-150 MM
6.2.3. >150 MM
7. Global Hydraulic Cylinder Market Estimates & Forecast Trend Analysis, by Specification
7.1. Global Hydraulic Cylinder Market Share (%) Estimates and Forecasts, by Specification, 2022 & 2033
7.2. Global Hydraulic Cylinder Market Revenue (US$ Million) Estimates and Forecasts, by Specification, 2022 to 2033
7.2.1. Welded
7.2.2. Tie Rod
7.2.3. Telescopic
7.2.4. Mill Type
Global Hydraulic Cylinder Market Estimates & Forecast Trend Analysis, by Application
7.3. Global Hydraulic Cylinder Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033
7.4. Global Hydraulic Cylinder Market Revenue (US$ Million) Estimates and Forecasts, by Application, 2022 to 2033
7.4.1. Industrial
7.4.2. Mobile
Global Hydraulic Cylinder Market Estimates & Forecast Trend Analysis, by Industry
7.5. Global Hydraulic Cylinder Market Share (%) Estimates and Forecasts, by Industry, 2022 & 2033
7.6. Global Hydraulic Cylinder Market Revenue (US$ Million) Estimates and Forecasts, by Industry, 2022 to 2033
7.6.1. Construction
7.6.2. Aerospace
7.6.3. Material handling
7.6.4. Agriculture
7.6.5. Mining
7.6.6. Automotive
7.6.7. Marine
7.6.8. Oil & Gas
7.6.9. Others
8. Global Hydraulic Cylinder Market Analysis and Forecast, by Region
8.1. Global Hydraulic Cylinder Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
8.2. Global Hydraulic Cylinder Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2033
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East and Africa
8.2.5. Latin America
9. North America Hydraulic Cylinder Market: Estimates & Forecast Trend Analysis
9.1. North America Hydraulic Cylinder Market Assessments & Key Findings
9.2. North America Hydraulic Cylinder Market Share (%) Estimates and Forecasts, 2022 & 2033
9.3. North America Hydraulic Cylinder Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
9.3.1. By Function
9.3.2. By Bore Size
9.3.3. By Specification
9.3.4. By Application
9.3.5. By Industry
9.3.6. By Major Country
9.3.6.1. The U.S.
9.3.6.2. Canada
10. Europe Hydraulic Cylinder Market: Estimates & Forecast Trend Analysis
10.1. Europe Hydraulic Cylinder Market Assessments & Key Findings
10.2. Europe Hydraulic Cylinder Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. Europe Hydraulic Cylinder Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
10.3.1. By Function
10.3.2. By Bore Size
10.3.3. By Specification
10.3.4. By Application
10.3.5. By Industry
10.3.6. By Major Country
10.3.6.1. Germany
10.3.6.2. The U.K.
10.3.6.3. France
10.3.6.4. Italy
10.3.6.5. Spain
10.3.6.6. Rest of Europe (includes all other European countries)
11. Asia Pacific Hydraulic Cylinder Market: Estimates & Forecast Trend Analysis
11.1. Asia Pacific Hydraulic Cylinder Market Assessments & Key Findings
11.2. Asia Pacific Hydraulic Cylinder Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Asia Pacific Hydraulic Cylinder Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
11.3.1. By Function
11.3.2. By Bore Size
11.3.3. By Specification
11.3.4. By Application
11.3.5. By Industry
11.3.6. By Major Country
11.3.6.1. China
11.3.6.2. Japan
11.3.6.3. India
11.3.6.4. ASEAN
11.3.6.5. South Korea
11.3.6.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
12. Middle East & Africa Hydraulic Cylinder Market: Estimates & Forecast Trend Analysis
12.1. Middle East & Africa Hydraulic Cylinder Market Assessments & Key Findings
12.2. Middle East & Africa Hydraulic Cylinder Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Middle East & Africa Hydraulic Cylinder Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
12.3.1. By Function
12.3.2. By Bore Size
12.3.3. By Specification
12.3.4. By Application
12.3.5. By Industry
12.3.6. By Major Country
12.3.6.1. GCC
12.3.6.2. South Africa
12.3.6.3. Egypt
12.3.6.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
13. Latin America Hydraulic Cylinder Market: Estimates & Forecast Trend Analysis
13.1. Latin America Market Assessments & Key Findings
13.2. Latin America Hydraulic Cylinder Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Latin America Hydraulic Cylinder Market Size Estimates and Forecast (US$ Million) (2022 to 2033)
13.3.1. By Function
13.3.2. By Bore Size
13.3.3. By Specification
13.3.4. By Application
13.3.5. By Industry
13.3.6. By Major Country
13.3.6.1. Brazil
13.3.6.2. Mexico
13.3.6.3. Rest of Latin America (includes all other Latin America countries)
14. Competitive Landscape
14.1. Hydraulic Cylinder Market Revenue Share Analysis (%), by Major Players (2021)
14.2. Hydraulic Cylinder Market Competition Matrix, by Leading Players
14.3. Hydraulic Cylinder List of Emerging, Prominent and Leading Players
14.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
15. Company Profiles
15.1. WEBER-HYDRAULIK GMBH
15.1.1. Company Overview & Insights
15.1.2. Financial Performance
15.1.3. Product / Service Portfolio
15.1.4. Geographical Footprint & Share
15.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
15.2. Ognibene
15.3. Hidrover Hydraulic Equipment
15.4. Rosenboom
15.5. Sahgev
15.6. Wipro Infrastructure Engineering
15.7. Hidroline
15.8. Energy Manufacturing Company, Inc.
15.9. Hol-Mac Corporation
15.10. Monarch Industries
15.11. BOBALEE Hydraulics
15.12. Dongyang Mechatronics Corp
15.13. Serta Group
15.14. Jiangsu Hengli Hydraulic Co. Ltd.
15.15. Caterpillar
15.16. Volvo Group
15.17. Komatsu
15.18. KUBOTA Corporation
15.19. CNH Industrial N.V.
15.20. AGCO Corporation
15.21. CLAAS KGaA mbH
15.22. Others
16. Assumptions and Research Methodology
16.1. Data Mining
16.2. Secondary Research
16.3. Primary Research
16.4. Subject Matter Expert Advice
16.5. Quality Check
16.6. Final Review
16.7. Data Triangulation
16.8. Bottom-Up Approach
16.9. Top Down Approach
16.10. Research Flow
16.11. Key Insights from Industry Experts
16.12. Data Sources
16.13. Assumptions
16.14. Limitations
17. Conclusions and Recommendations
17.1. Key Research Findings and Conclusion
17.2. Key Insights & Recommendations from Analysts
