Global Hydraulic Cylinders Market: Overview

Hydraulic cylinders are one of the sub-assemblies used in hydraulic power transfer systems. They are also known as hydraulic pumps. Hydraulic cylinders help transfer power in applications that range from construction equipment to aviation. These cylinders consist of a multi-component assembly, including a barrel; caps and heads of the cylinder; piston, which can be double-acting or single-acting; piston rod; seals; and rings. Within a hydraulic system, these cylinders are joined to form a continuous hydraulic circuit. Hydraulic cylinders are available in several configurations and functions. They can also be used under heavy loads to selectively resist the linear motion.

Global Hydraulic Cylinders Market: Dynamics

Constant demand in industries where hydraulic systems play a vital role is the primary factor driving growth of the hydraulic cylinders market. Irreplaceability of hydraulic systems in construction equipment, aviation, infrastructure, and manufacturing sectors coupled with rapid industrialization and infrastructure development in developing nations is another factor boosting growth of the global hydraulic cylinders market. Demand for hydraulic cylinders in aerospace applications is projected to drive market growth in the civil and military aviation sector in developing countries, such as India, China, Malaysia, Indonesia, and Brazil. Owing to these factors, the global hydraulic cylinders market accounted for a significantly large market size in 2019 and is expected to reach a substantially larger market size by 2027, registering a steady revenue growth rate over the forecast period.

In operation, however, hydraulic cylinders are usually bulky and messy. They make the entire system or equipment large and heavy. Hence, several attempts are being made to make hydraulic cylinders compact or to find alternatives for them. In applications wherein cleanliness is required, such as food, beverages, and pharmaceuticals, hydraulic systems are replaced with pneumatics and electromechanical systems. However, for heavy and robust operations, there is no option for hydraulic systems.

Global Hydraulic Cylinders Market: Regional Landscape

On the basis of region, the global hydraulic cylinders market has been classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. With the presence of key manufacturers of construction equipment, such as Caterpillar and JCB, North America and Europe are collectively leading the market in terms of revenue. Revenue from the Asia Pacific hydraulic cylinders market is also expected to increase at a significant rate over the forecast period, due to rise in industrialization and development of infrastructure. In developed countries such as Germany, the U.S., Japan, France, and the U.K., demand for hydraulic cylinders is high. In developing nations, such as China, India, Brazil, South Africa, and countries in Southeast Asia, demand for hydraulic cylinders is increasing rapidly in several sectors such as construction equipment, industrial machinery, aviation, and agricultural equipment.

Global Hydraulic Cylinders Market: Key Players

  • Parker Hannifin Corp
  • Caterpillar
  • Eaton Corporation
  • Dantal Hydraulics
  • Bailey International
  • Enerpac Corp.

Regions Covered:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Global Hydraulic Cylinders Market: Report Highlights

  • Detailed overview of the market
  • Changing dynamics of the hydraulic cylinders market
  • Hydraulic cylinders market segmentation
  • Regional landscape of the hydraulic cylinders market
  • Evaluation of the hydraulic cylinders market based on the present and past data collected
  • Historical, present, and projected hydraulic cylinders market in terms of volume and value
  • Recent trends and developments in the hydraulic cylinders market
  • Competitive landscape
  • Strategies adopted by key players and products offered by them

Global Hydraulic Cylinders Market: Segmentation

The global hydraulic cylinders market has been segmented based on function, design, and bore size as follows:

 

By Function (Revenue, USD Million; 2017–2027)

  • Single Acting Cylinders
  • Double Acting Cylinders

By Design (Revenue, USD Million; 2017–2027)

  • Tie-rod Cylinders
  • Welded Cylinders

By Bore Size (Revenue, USD Million; 2017–2027)

  • Less than 50 mm
  • 51 mm to 100 mm
  • 101 mm to 150 mm
  • Greater than 151 mm

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Key questions answered by the report