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Hydraulic Cylinders Market Projected to Reach $16,333.1 Million by 2025- Exclusive Research Report by AMR

Hydraulic Cylinders Market Projected to Reach $16,333.1 Million by 2025- Exclusive Research Report by AMR 1

An increase in demand for efficient construction and mining activity as well as emergence of new technologies, fuel the demand for material handling equipment.

PORTLAND, OR, UNITED STATES, August 29, 2021 /EINPresswire.com/ — Hydraulic cylinders are used for creating mechanical force in a linear motion using hydraulic fluids. The hydraulic fluid under hydraulic pressure acts on the surface to cause a linear movement of the piston that is directly connected to the load. The hydraulic fluids include mineral oil, synthetic oils, and emulsions. Hydraulic cylinders have many applications, namely in construction equipment, engineering vehicles, manufacturing machinery, and civil engineering.

The global hydraulic cylinders market is expected to reach $16,333.1 million by 2025, from $11,055.5 million in 2017, growing at a CAGR of 5.1% from 2018 to 2025.

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The growth of the global hydraulic cylinders market is driven by rising in the material handling equipment industry. An increase in new technologies such as SGH wire-actuated encoders, which measure the cylinder stroke in the hydraulic cylinder, boosts the demand for hydraulic cylinders across the world. Growth in the construction equipment market is anticipated to provide potential opportunities for the key players operating in the market.

Top 10 Leading Players

Actuant Corporation
Bosch Rexroth AG
Caterpillar Inc.
Eaton Corporation Plc
Jarp Industries
Jiangsu Hengli Hydraulic Co., Ltd.
Kawasaki Heavy Industries
Parker Hannifin Corporation
Texas Hydraulics
Wipro Enterprises Limited

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Key Market Segments

By Function

Single-acting cylinders
Double-acting cylinders

By Design

Tie-rod cylinders
Welded cylinders

By Bore Size

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

By Region

North America
Europe
Asia-Pacific
LAMEA

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Allied Analytics LLP
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Hydraulic Cylinders Market Projected to Reach $16,333.1 Million by 2025- Exclusive Research Report by AMR 2