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Hydraulic Cylinder Market Trends

Report ID: GMI814
Published Date: Jul 2024
Report Format: PDF

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Hydraulic Cylinder Market Trends

The global hydraulic cylinder industry is expected to continue its growth trajectory, driven by technological advancements, increasing automation, and expanding infrastructure projects. The demand for efficient, reliable, and environmentally friendly hydraulic systems will remain a key factor shaping the market's future. The industry's focus on innovation, sustainability, and meeting the evolving needs of various end-user sectors will play a crucial role in maintaining its upward momentum.

In addition, the rising adoption of automation across manufacturing, construction, and agriculture sectors is driving the demand for hydraulic cylinders. These cylinders provide precise and controlled linear motion essential for automated systems. As emerging economies continue to invest in industrial and infrastructural development, the market is poised for sustained growth.

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The market size of hydraulic cylinder was reached USD 15 billion in 2023 and is anticipated to register 4.6% CAGR between 2024 and 2032, driven by rising infrastructural investment in emerging economies and emerging demand of industrial equipment.

The mobile segment in the hydraulic cylinder market is expected to record 4.1% CAGR through 2032, due to the increasing integration of electrical components with mobile hydraulic systems.

North America hydraulic cylinder market is forecasted to exceed USD 6.5 billion by 2032 due to the shift towards sustainable practices and stringent environmental regulations.

Aggressive, Inc., Best Metal Products, Bosch Rexroth (India) Private Limited., Caterpillar, Eaton Corporation, ENERPAC, Hydrosila, Montanhydraulik GmbH, Norrhydro Oy, and Pacoma GmbH, among others.