Hydraulic Actuators Market Set to Boom in Upcoming Years

Overview of Hydraulic Actuators Market

Hydraulic actuator, also known as hydraulic cylinder and pneumatic cylinder, is integral components of hydraulic systems. Hydraulic systems are used in various mobile and industrial applications in order to perform a wide variety of tasks. Hydraulic actuators are used in construction, agricultural and mining equipment such as excavators, loaders, trucks, tractors and others. Moreover, hydraulic cylinders are also used in application areas, such as manufacturing, nuclear power plants and others.

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The world hydraulic actuator market is expected to generate revenue of $2.4 billion by 2022, registering a CAGR of 3.6% from 2016 to 2022. Increasing usage of hydraulic systems in mining, construction, and agricultural equipment has supplemented the overall market growth. Technological advancements such as development of electro-hydraulic technology is amongst other factors propelling the demand for pneumatic cylinders. Moreover, the integration of hydraulics with electronics has expanded the usage of hydraulic cylinders in applications areas such as renewable energy. However, high cost of manufacturing and lack of product differentiation of pneumatic cylinders are challenges faced by the players operating in the market.

The Major players reported in the market include:

The key players of the market profiled in this report are Flowserve Corporation, Emerson Electric Co., Cameron International Corporation, Eaton Corporation, Bosch Rexroth S.A., Pentair Plc., Rotork Plc., Parker Hannifin Corporation, SMC Corporation and Wipro Infrastructure Engineering.

KEY BENEFITS

The study provides an in-depth analysis of the Hydraulic Actuators market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2014-2022 is provided to elaborate the market potential.

KEY MARKET SEGMENTS:

HYDRAULIC ACTUATORS MARKET-BY PRODUCT TYPE

Linear actuator

Rotary actuator

HYDRAULIC ACTUATORS MARKET-BY APPLICATION

Mobile Equipment

Construction

Oil & gas

Metal & mining

Agriculture

Others

Industrial

Aviation and others

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD HYDRAULIC ACTUATORS MARKET, BY END USER

CHAPTER 5 WORLD HYDRAULIC ACTUATORS MARKET, BY APPLICATION

CHAPTER 6 WORLD HYDRAULIC ACTUATORS MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Friday June 07 2019, 6:03 PM EDT. All trademarks acknowledged. Filed under Featured Press Release, Manufacturing & Construction. Comments and Trackbacks closed. Follow responses: RSS 2.0

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