The hydraulic cylinder market will grow by US$2.53 billion | Expected to grow by 3.50% year-on-year in 2021 | Asia-Pacific region will usher in the largest growth | Technology

2021-11-25 10:28:36 By : Ms. Admin Yomaker

Call 888-776-0942 from 8 a.m. to 10 p.m. Eastern Time

New York, October 8, 2021/PRNewswire/-The global hydraulic cylinder market by end user (CMMH, agriculture, aerospace and defense, and industrial equipment) and geography (Asia Pacific, North America, Europe, MEA, and South America) ) Has been added to Technavio's products. The global hydraulic cylinder market will grow by US$2.53 billion and will accelerate at a compound annual growth rate of approximately 5% between 2021 and 2025.

Unlock information on upcoming trends and challenges that have a profound impact on the growth of the hydraulic cylinder market. Download the free sample now!

After the second wave of COVID-19 pandemic, countries around the world have adopted stricter safety guidelines. This has resumed manufacturing activities and increased the number of construction activities worldwide. The resurgence of these activities is increasing the demand for hydraulic equipment such as valves, pumps, cylinders, and filters.  

The market is expected to be driven by factors such as the growth of agricultural mechanization and agricultural machinery market, the accelerated growth of the global construction machinery market, and the growth of the commercial aircraft leasing market.

The report also provides information on upcoming trends and challenges that will affect market growth. Quickly check our sample report before buying

Governments all over the world are focusing on developing and transforming their infrastructure. For example, the governments of countries such as Saudi Arabia and the United Arab Emirates are investing heavily in the development of luxury hotels, resorts, parks and religious monuments to accommodate the growing tourist population from the Middle East. This development is increasing the demand for construction machinery, thereby creating several growth opportunities for market participants.

Hydraulic cylinder market: segmented by type

According to the end user segmentation, this market will generate the largest revenue in the CMMH segment in 2020. This market segment is driven by the advantages of easy installation and high precision compared to alternatives such as cylinders and CMMH machinery. In addition, the growth of the global construction industry has also promoted the growth of this market segment.

Hydraulic Cylinder Market: Segmented by Geography

The Asia-Pacific region has the largest market share in 2020, and market growth in this region is expected to be faster compared to market growth in other regions. The growth of the Asia-Pacific market can be attributed to the rapid growth of the construction industry and the high adoption of construction machinery and material handling equipment in the region. In addition, the strong growth of the automotive industry has promoted the growth of the hydraulic cylinder market in the Asia-Pacific region.

One of the Fortune 500 companies used detailed research reports on the hydraulic cylinder market and decided to increase its market share in the Asia-Pacific region that offers the highest market opportunities during the forecast period.

Explore more information about market opportunities: request a PDF sample now

Hydraulic cylinder market: major suppliers

The company provides hydraulic cylinders, such as welding hydraulic cylinders, telescopic cylinders, and rolling mill hydraulic cylinders.

The company provides hydraulic cylinders, such as Maxim tie rod hydraulic cylinders, WSB rotary ball welding hydraulic cylinders, etc.

The company provides hydraulic cylinders, such as rolling mill cylinders, tie rod cylinders, and large cylinders.

The company provides hydraulic cylinders, namely CLY GP-1090, Head70X45, ROD AS-HYD-YM, etc.

The company provides hydraulic cylinders EH series, IHM and TV series, N series, G series.

In addition to market data, Technavio also provides customized services based on the company's specific needs. The following customization options are available for the hydraulic cylinder market report: 

Contact our analysts for customized reports

Global hydraulic accumulator market-The global hydraulic accumulator market is segmented by end users (agriculture and forestry, oil and gas, etc.) and geographic regions (Asia Pacific, North America, Europe, MEA, and South America). Download an exclusive free sample report

Global control valve market-The global control valve market is segmented by products (sliding shafts and rotating shafts), end users (electricity, oil and gas, chemicals, water and wastewater (WWI), etc.), and geography (Asia Pacific, Europe), North America, MEA and South America). Download an exclusive free sample report

Accelerate at a compound annual growth rate of approximately 5%

Asia Pacific, North America, Europe, MEA and South America

U.S., China, Germany, Japan, and U.K.

Leading company, competitive strategy, scope of consumer participation

Aggressive Hydraulics Inc., Bailey International LLC, Bosch Rexroth AG, Caterpillar Inc., Eaton Corp. Plc, HANNON HYDRUALICS LLC, HYDAC Verwaltung GmbH, Ligon Industries LLC, Parker Hannifin Corp. and Wipro Enterprises (P) Ltd.

Mother market analysis, market growth incentives and obstacles, fast-growing and slow-growing market segments, COVID 19 impact and future consumer dynamics, and market conditions during the forecast period.

If our report does not contain the data you are looking for, you can contact our analysts and customize the market segment.

About Us Technavio is the world's leading technology research and consulting company. Their research and analysis focus on emerging market trends and provide actionable insights to help companies identify market opportunities and formulate effective strategies to optimize their market position. Technavio's report library has more than 500 professional analysts, including more than 17,000 reports, and it is constantly increasing, covering 800 technologies across 50 countries/regions. Their customer base includes companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio's comprehensive coverage, extensive research, and actionable market insight to identify opportunities in existing and potential markets, and evaluate their competitive position in changing market scenarios.

Contact Technavio Research Jesse Maida Media and Marketing Director United States: 1 844 364 1100 United Kingdom: 44 203 893 3200 Email: [email protected] Website:

More news releases on similar topics

Cision Distribution 888-776-0942 8 a.m. to 9 p.m. Eastern Time