Hydraulic Cylinders Market Future Prospects, Growth And Outlook 2026 | Fortune Business Insights

Hydraulic Cylinders Market Size, Share and Global Trend By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder & Others), By Application (Industrial Equipment & Mobile Equipment), By End-Use Industry (Construction, Agriculture, Aerospace and Defence, Forestry, Marine & Others) and Geography Forecast till 2026 Sample PDF

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Published Date: Sep 2019

Region: Global

Report Format: PDF

Base Year: 2018

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Hydraulic Cylinders Market Size, Share and Global Trend By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder & Others), By Application (Industrial Equipment & Mobile Equipment), By End-Use Industry (Construction, Agriculture, Aerospace and Defence, Forestry, Marine & Others) and Geography Forecast till 2026

Report Highlights:

Exhibiting a CAGR of 4.3% between 2019 and 2026, the global hydraulic cylinders market is estimated to reach US$ 14.66 Bn by 2026, as against US$ 10.94 Bn in 2018. Growing technological advancements in the hydraulics industry is the primary factor responsible for positively impacting the hydraulic cylinders market growth. Fortune Business Insights in a new report, titled “Hydraulic Cylinders Market Size, Share and Global Trend By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder & Others), By Application (Industrial Equipment & Mobile Equipment), By End-Use Industry (Construction, Agriculture, Aerospace and Defence, Forestry, Marine & Others) and Geography Forecast till 2026� highlights some of the current hydraulic cylinders trends in the forecast years. Using hydraulic fluids, hydraulic cylinders convert hydrostatic energy into mechanical energy. These fluids include synthetic oils, emulsions, and mineral oils. The adoption of hydraulic Cylinders in increasing owing to their improved accuracy, better functionality, and controlled performance in several applications.

As per function, double-acting hydraulic cylinders are likely to hold around 75% of the share in the hydraulic cylinders market.

These cylinders are primarily used for manufacturing and heavy construction equipment.

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Hydraulic Cylinders Market Size, Share and Global Trend By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder & Others), By Application (Industrial Equipment & Mobile Equipment), By End-Use Industry (Construction, Agriculture, Aerospace and Defence, Forestry, Marine & Others) and Geography Forecast till 2026

Demand for Hydraulic Cylinders to Rise on Account of Rapid Industrialization The growing construction industry is expected to augment the hydraulic cylinders market demand in the forecast years. As per a study by the Global Construction Perspective (GCP) and Oxford Economics, the construction industry is expected to reach US$ 15.5 trillion by 2030. Majority of the growth comes from countries such as India, China, and the U.S. This, along with technological developments in construction and infrastructure industry, is expected to further advance the hydraulic cylinders market trend. Demand for these cylinders is expected to increase from other end-use industries such as Aerospace and Defence, Agriculture, Marine, Forestry, and others. Of these, analysts found that agriculture covered 21.4% of share in the global market in 2018.

Welded Hydraulic Cylinders to Hold 60% of the Share Welded products are mainly used in heavy mobile equipment for lifting heavy loads and offer customizations as per requirements. These products are likely to cover 60% of the share during the forecast period. Apart from welded products, tie rob hydraulic cylinders are generally used in light and medium industrial machines. The National Fluid Power Association (NFPA) has set standard dimensions for these cylinders in order to maintain stability. For instance, Parker Hannifin’s tie rob cylinders are fatigue-free and work at maximum pressure to ensure safety and reliability of its cylinders.

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Hydraulic Cylinders Market Size, Share and Global Trend By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder & Others), By Application (Industrial Equipment & Mobile Equipment), By End-Use Industry (Construction, Agriculture, Aerospace and Defence, Forestry, Marine & Others) and Geography Forecast till 2026

Top Players Mentioned: • • • • • • • • • •

Bosch Rexroth AG Enerpac PARKER HANNIFIN CORP Wipro Infrastructure Engineering SMC Corporation.

Bucher Hydraulics GmbH Precision Hydraulic Cylinders KYB Americas Corporation Eaton WEBER-HYDRAULIK GMBH

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Hydraulic Cylinders Market Size, Share and Global Trend By Function (Single Acting Hydraulic Cylinder, Double Acting Hydraulic Cylinder), By Product Type (Welded Cylinder, Tie Rod Cylinder & Others), By Application (Industrial Equipment & Mobile Equipment), By End-Use Industry (Construction, Agriculture, Aerospace and Defence, Forestry, Marine & Others) and Geography Forecast till 2026

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