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시장보고서
상품코드
1489392
유압 실린더 시장 예측(-2030년) : 제품별, 구경별, 작동 원리별, 용도별, 최종사용자별, 지역별 세계 분석Hydraulic Cylinder Market Forecasts to 2030 - Global Analysis By Product (Threaded Cylinders, Bolted/ Mill Type Cylinders and Other Products), Bore Size (<50 mm, 51 - 100 mm and Above 300 mm), Operating Principle, Application, End User and By Geography |
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Stratistics MRC에 따르면 세계 유압 실린더 시장은 2023년 161억 9,000만 달러로 평가되었고, 예측 기간 동안 6.4%의 연평균 복합 성장률(CAGR)로 성장하여 2030년에는 249억 9,000만 달러에 달할 것으로 예상된다고 합니다.
유압 실린더는 가압된 유압 오일을 통해 동력을 제공하여 직선 운동과 힘을 생성하는 기계식 액추에이터입니다. 유압 실린더는 건설, 농업, 항공우주, 자동차, 제조 등 다양한 산업 분야에서 광범위하게 사용되고 있습니다. 이 시장을 주도하는 것은 전 세계 중장비 및 장비 수요 증가와 산업계의 자동화 추세입니다. 또한, 신흥국의 인프라 프로젝트 증가와 제조 시설의 확장은 시장 성장에 더욱 기여하고 있습니다.
옥스포드 이코노믹스와 세계건설전망(GCP)의 공동 조사에 따르면, 2030년까지 건설 산업은 15조 5,000억 달러 규모에 달할 것으로 예상됩니다. 유럽 정부에 따르면, 14차 5개년 계획 기간(2021-2025년) 동안 신규 인프라에 대한 총 투자액은 약 27조 위안(4조 2,000억 달러)에 달할 것으로 예상했습니다.
건설기계 수요
건설 기계 수요는 건설 프로젝트에서 사용되는 중장비에 필수적인 역할을 하기 때문에 유압 실린더 시장의 주요 동인이 되고 있습니다. 유압 실린더는 굴삭기, 불도저, 크레인 등 다양한 건설 기계에서 무거운 짐을 들어 올리고, 밀고, 당기는 데 필요한 힘을 제공하는 중요한 부품입니다. 전 세계적으로 인프라 구축과 도시화가 진행됨에 따라 건설 기계에 대한 수요가 증가하고 있으며, 이에 따라 유압 실린더의 필요성이 증가하고 있습니다.
유지보수 비용
유압 실린더는 다양한 산업 응용 분야에서 중요한 부품이기 때문에 최적의 성능과 수명을 보장하기 위해 정기적인 유지보수가 필요합니다. 그러나 정기 점검, 수리, 소모품 교체 등 유지 보수와 관련된 비용은 시간이 지남에 따라 크게 증가할 수 있습니다. 이러한 측면은 잠재적인 구매 의욕을 감소 시키거나 유지 보수 요구 사항이 적은 대체 솔루션을 찾게하여 유압 실린더 수요에 영향을 미칠 수 있습니다. 또한, 유지보수 부족으로 인한 예기치 못한 고장이나 결함은 다운타임과 추가 비용을 초래할 수 있기 때문에 이 시장에서 유지보수 비용의 효과적인 관리의 중요성이 더욱 강조되고 있습니다.
채광 및 채굴
유압 실린더 시장은 광업 및 채굴 산업에서 큰 비즈니스 기회입니다. 이러한 산업은 무거운 짐을 들어 올리고, 밀고, 당기는 등 다양한 응용 분야에서 유압 실린더에 크게 의존하고 있습니다. 광산 산업에서 유압 실린더는 굴삭기, 로더, 운반 트럭 및 기타 장비에 없어서는 안될 부품입니다. 유압실린더는 견고한 구조와 고압 능력으로 인해 채굴 작업의 까다로운 조건을 충족시키는 데 필수적인 역할을 합니다. 또한, 전 세계적으로 채굴 및 채광 활동이 계속 확대됨에 따라 유압 실린더에 대한 수요도 그에 따라 증가할 것으로 예상되며, 이는 이 분야의 제조업체와 공급업체에게 유리한 시장이 될 것으로 예상됩니다.
대안 기술과의 경쟁
유압 실린더 시장은 대체 기술에 의해 큰 위협을 받고 있습니다. 전기 기계식 액추에이터 및 공압 시스템과 같은 혁신적인 기술은 유압 실린더의 우위에 도전하는 경쟁 솔루션을 제공합니다. 예를 들어, 전기 기계식 액추에이터는 기존 유압 시스템보다 정확성, 효율성 및 환경 측면에서 우수합니다. 반면, 공압 시스템은 특정 응용 분야에서 편의성과 비용 효율성을 제공합니다. 이러한 대안은 에너지 효율과 환경 영향과 같은 우려에 대응하면서 동등하거나 그 이상의 성능을 제공함으로써 위협이 되고 있으며, 유압 실린더 시장에서 경쟁력을 유지하기 위한 적응과 혁신을 촉진하고 있습니다.
COVID-19의 영향
코로나19는 유압 실린더 시장에 큰 영향을 미치고 있습니다. 세계 공급망의 혼란, 제조 활동의 축소 및 물류 문제로 인해 유압 실린더의 생산 및 유통이 정체되고 있습니다. 건설, 광업, 농업 등 유압 시스템에 크게 의존하는 많은 산업이 일시적인 가동 중단 및 가동 감소에 직면하여 유압 실린더에 대한 수요가 감소했습니다. 그러나 경제가 점차 회복되고 산업이 재가동됨에 따라 인프라 구축 및 산업 자동화에 대한 수요가 증가하고 있으며, 이는 전염병 이후 유압 실린더 수요를 견인할 것으로 예상됩니다.
예측 기간 동안 용접 실린더 부문이 가장 큰 비중을 차지할 것으로 예상됩니다.
유압 실린더 시장에서 용접 실린더 부문의 성장은 몇 가지 요인에 기인하는 것으로 보입니다. 용접 실린더는 다른 유형에 비해 구조적 무결성과 내구성이 강화되어 건설, 농업 및 광업과 같은 산업에서 중장비 응용 분야에 이상적입니다. 용접 기술의 발전으로 용접 실린더의 제조 효율성과 비용 효율성이 향상되어 채택을 촉진하고 있습니다. 또한, 특정 산업 요구 사항에 맞는 맞춤형 유압 솔루션에 대한 수요가 증가함에 따라 용접 실린더의 보급이 확대되고 있습니다.
예측 기간 동안 가장 높은 CAGR을 나타낼 것으로 예상되는 산업 장비 부문
산업 장비 부문은 다양한 분야에서 산업화가 진행되면서 기계 및 장비에 대한 수요가 증가하고, 이에 따라 유압 실린더에 대한 수요가 증가함에 따라 강력한 성장세를 보이고 있습니다. 제조 공정의 자동화 및 기계화가 진행됨에 따라 신뢰할 수 있는 유압 시스템이 필요하게 되었고, 이는 산업기계에 유압 실린더의 채택을 촉진하고 있습니다. 또한 건설, 농업 및 광업과 같은 산업은 안정적인 성장을 경험하고 있으며, 굴삭기 및 로더와 같은 장비에서 대형 유압 실린더에 대한 수요를 촉진하고 있습니다.
가장 큰 점유율을 가진 지역
최근 몇 년동안 북미는 유압 실린더 시장에서 괄목할 만한 성장세를 보이고 있습니다. 이러한 성장은 유압 실린더의 주요 수요처인 건설, 농업, 자동차 등의 산업이 확대되는 등 여러 가지 요인에 기인합니다. 제조 공정에서 첨단 기술 및 자동화 채택이 증가함에 따라 유압 시스템에 대한 수요가 증가하고 있습니다. 또한, 인프라 개발 및 재생 가능 에너지 프로젝트를 위한 정부의 이니셔티브도 북미 유압 실린더 시장 확대에 기여하고 있습니다. 또한, 기술 발전과 정부 지원 정책과 더불어 양호한 경제 상황이 이 지역의 유압 실린더 시장 성장에 박차를 가하고 있습니다.
CAGR이 가장 높은 지역
아시아태평양은 최근 몇 년동안 유압 실린더 시장에서 괄목할 만한 성장세를 보이고 있습니다. 이러한 성장에는 급속한 산업화, 인프라 개발 프로젝트, 중국, 인도, 일본과 같은 국가의 제조 부문에 대한 투자 증가 등 여러 가지 요인이 있습니다. 또한, 기술 발전과 다양한 산업 분야의 자동화 도입은 유압 시스템에 대한 수요를 더욱 증가시켜 아시아태평양 시장 확대에 기여하고 있습니다. 양호한 경제 상황과 급성장하는 제조업을 배경으로 이 지역의 유압 실린더 시장은 앞으로도 강력한 성장세를 이어갈 것으로 보입니다.
무료 커스터마이징 서비스
이 보고서를 구독하는 고객은 다음과 같은 무료 맞춤화 옵션 중 하나를 사용할 수 있습니다.
- 기업 프로파일
- 추가 시장 기업의 종합적인 프로파일링(최대 3개사까지)
- 주요 기업의 SWOT 분석(최대 3개사)
- 지역 세분화
- 고객의 관심에 따른 주요 국가별 시장 추정치, 예측, CAGR(주: 타당성 확인에 따라 다름)
- 경쟁사 벤치마킹
- 제품 포트폴리오, 지리적 입지, 전략적 제휴를 기반으로 한 주요 기업 벤치마킹
목차
제1장 주요 요약
제2장 서문
- 개요
- 이해관계자
- 조사 범위
- 조사 방법
- 데이터 마이닝
- 데이터 분석
- 데이터 검증
- 조사 접근
- 조사 정보원
- 1차 조사 정보원
- 2차 조사 정보원
- 전제조건
제3장 시장 동향 분석
- 성장 촉진요인
- 성장 억제요인
- 기회
- 위협
- 제품 분석
- 용도 분석
- 최종사용자 분석
- 신흥 시장
- COVID-19의 영향
제4장 Porter의 Five Forces 분석
- 공급 기업의 교섭력
- 바이어의 교섭력
- 대체품의 위협
- 신규 진출업체의 위협
- 경쟁 기업간 경쟁 관계
제5장 세계의 유압 실린더 시장 : 제품별
- Threaded Cylinders
- Bolted/ Mill Type Cylinders
- Tie-Rod Cylinders
- Welded Cylinders
- Telescopic Cylinders
- 기타 제품
제6장 세계의 유압 실린더 시장 : 구경별
- 50mm 미만
- 51-100mm
- 101-150mm
- 151-300mm
- 300mm 이상
제7장 세계의 유압 실린더 시장 : 동작 원리별
- Double Acting
- Single Acting
- Telescopic Hydraulic
- Tandem Hydraulic
제8장 세계의 유압 실린더 시장 : 용도별
- 이동 장비
- 광업 및 자재관리 기기
- 농업 및 임업용 차량
- 건설기계
- 기타 모바일 기기
- 산업 장비
- 토딩 도크
- 리프트 및 고소 작업차
- 램 및 프레스
- 석유 및 가스/해양 용도
- 사출 성형기
- 기타 산업 기기
- 기타 용도
제9장 세계의 유압 실린더 시장 : 최종사용자별
- 자재관리
- 광업
- 해양
- 건설
- 석유 및 가스
- 자동차
- 농업
- 항공우주
- 기타 최종사용자
제10장 세계의 유압 실린더 시장 : 지역별
- 북미
- 미국
- 캐나다
- 멕시코
- 유럽
- 독일
- 영국
- 이탈리아
- 프랑스
- 스페인
- 기타 유럽
- 아시아태평양
- 일본
- 중국
- 인도
- 호주
- 뉴질랜드
- 한국
- 기타 아시아태평양
- 남미
- 아르헨티나
- 브라질
- 칠레
- 기타 남미
- 중동 및 아프리카
- 사우디아라비아
- 아랍에미리트(UAE)
- 카타르
- 남아프리카공화국
- 기타 중동 및 아프리카
제11장 주요 발전
- 계약/파트너십/협업/합작투자(JV)
- 인수와 합병
- 신제품 발매
- 사업 확대
- 기타 주요 전략
제12장 기업 프로파일링
- Best Metal Products
- Bosch Rexroth
- Caterpillar
- Eaton
- Enerpac Tool Group
- Hydac
- Hydrosila
- Jiangsu Hengli Hydraulic
- KYB Corporation
- Norrhydro Oy.
- Parker-Hannifin Corporation
- SMC Corporation
- Standex International
- Weber-Hydraulik Gmbh
- Wipro Infrastructure Engineering
LSH 24.06.12
According to Stratistics MRC, the Global Hydraulic Cylinder Market is accounted for $16.19 billion in 2023 and is expected to reach $24.99 billion by 2030 growing at a CAGR of 6.4% during the forecast period. Hydraulic cylinders are mechanical actuators that provide power through pressurized hydraulic fluid to generate linear motion and force. They find extensive applications across various industries, including construction, agriculture, aerospace, automotive, and manufacturing. The market is driven by the increasing demand for heavy machinery and equipment globally, coupled with the growing automation trends in industries. And the rise in infrastructure projects and the expansion of manufacturing facilities in emerging economies further contribute to the market's growth.
According to a joint study by Oxford Economics and Global Construction Perspective (GCP), the construction industry is projected to reach $15.5 trillion by 2030. According to the European government, the estimated overall investment in new infrastructure during the 14th Five-Year Plan period (2021-2025) is anticipated to reach approximately 27 trillion yuan ($4.2 trillion).
Market Dynamics:
Driver:
Demand for construction equipment
The demand for construction equipment is a primary driver of the hydraulic cylinder market due to its integral role in heavy machinery used in construction projects. Hydraulic cylinders are crucial components in various construction equipments like excavators, bulldozers, and cranes, providing the force needed for lifting, pushing, and pulling heavy loads. As infrastructure development and urbanization continue globally, the demand for construction machinery rises, consequently increasing the need for hydraulic cylinders.
Restraint:
Maintenance costs
Hydraulic cylinders, being crucial components in various industrial applications, require regular maintenance to ensure optimal performance and longevity. However, the costs associated with maintenance, including routine inspections, repairs, and replacements of worn-out parts, can add up significantly over time. This aspect can deter potential buyers or lead them to explore alternative solutions with lower maintenance requirements, impacting the demand for hydraulic cylinders. Moreover, unexpected breakdowns or failures due to insufficient maintenance can result in downtime and additional expenses for businesses, further highlighting the importance of managing maintenance costs effectively in this market.
Opportunity:
Mining and extraction
The hydraulic cylinder market presents a significant opportunity for the mining and extraction industries. These industries heavily rely on hydraulic cylinders for various applications, such as lifting, pushing, and pulling heavy loads. In mining, hydraulic cylinders are crucial components in equipment like excavators, loaders, and haul trucks. Their robust construction and high-pressure capabilities make them indispensable for handling the demanding conditions of mining operations. Furthermore, as mining and extraction activities continue to expand globally, the demand for hydraulic cylinders is expected to rise correspondingly, offering a lucrative market for manufacturers and suppliers in this sector.
Threat:
Competition from alternative technologies
The hydraulic cylinder market faces a significant threat from alternative technologies. Innovations such as electromechanical actuators and pneumatic systems offer competing solutions that challenge the dominance of hydraulic cylinders. Electromechanical actuators, for instance, boast precision, efficiency, and environmental advantages over traditional hydraulic systems. Pneumatic systems, on the other hand, offer simplicity and cost-effectiveness in certain applications. These alternatives pose a threat by providing comparable or superior performance while addressing concerns such as energy efficiency and environmental impact, prompting the hydraulic cylinder market to adapt and innovate to maintain its competitive edge.
Covid-19 Impact:
The COVID-19 pandemic has significantly impacted the hydraulic cylinder market. Disruptions in global supply chains, reduced manufacturing activities, and logistical challenges have slowed down the production and distribution of hydraulic cylinders. Many industries that heavily rely on hydraulic systems, such as construction, mining, and agriculture, faced temporary shutdowns or decreased operations, leading to a decline in demand for hydraulic cylinders. However, as economies gradually recover and industries resume operations, there is a growing need for infrastructure development and industrial automation, which is expected to drive the demand for hydraulic cylinders in the post-pandemic period.
The welded cylinders segment is expected to be the largest during the forecast period
The growth in the welded cylinder segment of the hydraulic cylinder market can be attributed to several factors. Welded cylinders offer enhanced structural integrity and durability compared to other types, making them ideal for heavy-duty applications in industries such as construction, agriculture, and mining. Advancements in welding technologies have led to increased efficiency and cost-effectiveness in manufacturing welded cylinders, driving their adoption. Additionally, the growing demand for custom hydraulic solutions tailored to specific industrial requirements has boosted the popularity of welded cylinders, as they can be easily customized.
The industrial equipments segment is expected to have the highest CAGR during the forecast period
The industrial equipment segment has witnessed robust growth due to increasing industrialization across various sectors that has led to higher demand for machinery and equipment, consequently driving the need for hydraulic cylinders. Rising automation and mechanization in manufacturing processes has necessitated reliable hydraulic systems, boosting the adoption of hydraulic cylinders in industrial machinery. Furthermore, industries such as construction, agriculture, and mining are experiencing steady growth, driving the demand for heavy-duty hydraulic cylinders in equipment like excavators and loaders.
Region with largest share:
In recent years, the North American region has witnessed significant growth in the hydraulic cylinder market. This growth can be attributed to several factors, including the expansion of industries such as construction, agriculture, and automotive, which are major consumers of hydraulic cylinders. The increasing adoption of advanced technologies and automation in manufacturing processes has boosted the demand for hydraulic systems. Moreover, government initiatives aimed at infrastructure development and renewable energy projects have also contributed to the expansion of the hydraulic cylinder market in North America. Additionally, favourable economic conditions, coupled with technological advancements and supportive government policies, have fueled the growth of the hydraulic cylinder market in the region.
Region with highest CAGR:
The Asia-Pacific region has witnessed significant growth in the hydraulic cylinder market in recent years. This expansion can be attributed to several factors, including rapid industrialization, infrastructural development projects, and increasing investments in manufacturing sectors across countries like China, India, and Japan. Additionally, technological advancements and the adoption of automation in various industries have further propelled the demand for hydraulic systems, contributing to the market's expansion in the Asia-Pacific region. With favorable economic conditions and a burgeoning manufacturing landscape, the region is poised to continue experiencing robust growth in the hydraulic cylinder market.
Key players in the market
Some of the key players in Hydraulic Cylinder market include Best Metal Products, Bosch Rexroth, Caterpillar, Eaton, Enerpac Tool Group, Hydac, Hydrosila, Jiangsu Hengli Hydraulic, KYB Corporation, Norrhydro Oy., Parker-Hannifin Corporation, SMC Corporation, Standex International, Weber-Hydraulik Gmbh and Wipro Infrastructure Engineering.
Key Developments:
In May 2024, Parker Hannifin, a global leader in motion and control technologies, has enhanced its standalone and multi-axis Parker servo drives (PSD) offering with a new I/O option board. This versatile option card, accommodating one or two cards per drive, introduces an array of technical features that improve the adaptability and performance of the complete PSD family. From motion control for axis interpolation to adapting different setpoint sources, such as speed or current commands, the optional I/O card addresses a variety of applications. It also supports encoder simulation, step and direction input.
In April 2024, Wipro Infrastructure Engineering (WIN) is looking to harness the power of artificial intelligence (AI) and the government's focus on manufacturing to fuel its $1 billion growth plans. The company aims to accelerate its automation business and has already seen early success with data analytics after acquiring Linecraft.ai. This acquisition has enabled WIN's customers to increase efficiencies by 7%-15%, according to Pratik Kumar, Managing Director and CEO of Wipro Enterprises.
Products Covered:
- Threaded Cylinders
- Bolted/ Mill Type Cylinders
- Tie-Rod Cylinders
- Welded Cylinders
- Telescopic Cylinders
- Other Products
Bore Sizes Covered:
- <50 mm
- 51 - 100 mm
- 101 - 150 mm
- 151 - 300 mm
- Above 300 mm
Operating Principles Covered:
- Double Acting
- Single Acting
- Telescopic Hydraulic
- Tandem Hydraulic
Applications Covered:
- Mobile Equipments
- Industrial Equipments
- Other Applications
End Users Covered:
- Material Handling
- Mining
- Marine
- Construction
- Oil & Gas
- Automotive
- Agriculture
- Aerospace
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Hydraulic Cylinder Market, By Product
- 5.1 Introduction
- 5.2 Threaded Cylinders
- 5.3 Bolted/ Mill Type Cylinders
- 5.4 Tie-Rod Cylinders
- 5.5 Welded Cylinders
- 5.6 Telescopic Cylinders
- 5.7 Other Products
6 Global Hydraulic Cylinder Market, By Bore Size
- 6.1 Introduction
- 6.2 <50 mm
- 6.3 51 - 100 mm
- 6.4 101 - 150 mm
- 6.5 151 - 300 mm
- 6.6 Above 300 mm
7 Global Hydraulic Cylinder Market, By Operating Principle
- 7.1 Introduction
- 7.2 Double Acting
- 7.3 Single Acting
- 7.4 Telescopic Hydraulic
- 7.5 Tandem Hydraulic
8 Global Hydraulic Cylinder Market, By Application
- 8.1 Introduction
- 8.2 Mobile Equipments
- 8.2.1 Mining & Material Handling Equipments
- 8.2.2 Agricultural & Forestry Vehicles
- 8.2.3 Construction Equipments
- 8.2.4 Other Mobile Equipments
- 8.3 Industrial Equipments
- 8.3.1 Loading Docks
- 8.3.2 Lifts & Aerial Work Platform
- 8.3.3 Rams & Presses
- 8.3.4 Oil & Gas and Offshore Applications
- 8.3.5 Injection Molding Machines
- 8.3.6 Other Industrial Equipments
- 8.4 Other Applications
9 Global Hydraulic Cylinder Market, By End User
- 9.1 Introduction
- 9.2 Material Handling
- 9.3 Mining
- 9.4 Marine
- 9.5 Construction
- 9.6 Oil & Gas
- 9.7 Automotive
- 9.8 Agriculture
- 9.9 Aerospace
- 9.10 Other End Users
10 Global Hydraulic Cylinder Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 Best Metal Products
- 12.2 Bosch Rexroth
- 12.3 Caterpillar
- 12.4 Eaton
- 12.5 Enerpac Tool Group
- 12.6 Hydac
- 12.7 Hydrosila
- 12.8 Jiangsu Hengli Hydraulic
- 12.9 KYB Corporation
- 12.10 Norrhydro Oy.
- 12.11 Parker-Hannifin Corporation
- 12.12 SMC Corporation
- 12.13 Standex International
- 12.14 Weber-Hydraulik Gmbh
- 12.15 Wipro Infrastructure Engineering
- 추가 시장 기업의 종합적인 프로파일링(최대 3개사까지)
- 주요 기업의 SWOT 분석(최대 3개사)
- 고객의 관심에 따른 주요 국가별 시장 추정치, 예측, CAGR(주: 타당성 확인에 따라 다름)
- 제품 포트폴리오, 지리적 입지, 전략적 제휴를 기반으로 한 주요 기업 벤치마킹
- 데이터 마이닝
- 데이터 분석
- 데이터 검증
- 조사 접근
- 1차 조사 정보원
- 2차 조사 정보원
- 전제조건
- 광업 및 자재관리 기기
- 농업 및 임업용 차량
- 건설기계
- 기타 모바일 기기
- 토딩 도크
- 리프트 및 고소 작업차
- 램 및 프레스
- 석유 및 가스/해양 용도
- 사출 성형기
- 기타 산업 기기
- 미국
- 캐나다
- 멕시코
- 독일
- 영국
- 이탈리아
- 프랑스
- 스페인
- 기타 유럽
- 일본
- 중국
- 인도
- 호주
- 뉴질랜드
- 한국
- 기타 아시아태평양
- 아르헨티나
- 브라질
- 칠레
- 기타 남미
- 사우디아라비아
- 아랍에미리트(UAE)
- 카타르
- 남아프리카공화국
- 기타 중동 및 아프리카
According to Stratistics MRC, the Global Hydraulic Cylinder Market is accounted for $16.19 billion in 2023 and is expected to reach $24.99 billion by 2030 growing at a CAGR of 6.4% during the forecast period. Hydraulic cylinders are mechanical actuators that provide power through pressurized hydraulic fluid to generate linear motion and force. They find extensive applications across various industries, including construction, agriculture, aerospace, automotive, and manufacturing. The market is driven by the increasing demand for heavy machinery and equipment globally, coupled with the growing automation trends in industries. And the rise in infrastructure projects and the expansion of manufacturing facilities in emerging economies further contribute to the market's growth.
According to a joint study by Oxford Economics and Global Construction Perspective (GCP), the construction industry is projected to reach $15.5 trillion by 2030. According to the European government, the estimated overall investment in new infrastructure during the 14th Five-Year Plan period (2021-2025) is anticipated to reach approximately 27 trillion yuan ($4.2 trillion).
Market Dynamics:
Driver:
Demand for construction equipment
The demand for construction equipment is a primary driver of the hydraulic cylinder market due to its integral role in heavy machinery used in construction projects. Hydraulic cylinders are crucial components in various construction equipments like excavators, bulldozers, and cranes, providing the force needed for lifting, pushing, and pulling heavy loads. As infrastructure development and urbanization continue globally, the demand for construction machinery rises, consequently increasing the need for hydraulic cylinders.
Restraint:
Maintenance costs
Hydraulic cylinders, being crucial components in various industrial applications, require regular maintenance to ensure optimal performance and longevity. However, the costs associated with maintenance, including routine inspections, repairs, and replacements of worn-out parts, can add up significantly over time. This aspect can deter potential buyers or lead them to explore alternative solutions with lower maintenance requirements, impacting the demand for hydraulic cylinders. Moreover, unexpected breakdowns or failures due to insufficient maintenance can result in downtime and additional expenses for businesses, further highlighting the importance of managing maintenance costs effectively in this market.
Opportunity:
Mining and extraction
The hydraulic cylinder market presents a significant opportunity for the mining and extraction industries. These industries heavily rely on hydraulic cylinders for various applications, such as lifting, pushing, and pulling heavy loads. In mining, hydraulic cylinders are crucial components in equipment like excavators, loaders, and haul trucks. Their robust construction and high-pressure capabilities make them indispensable for handling the demanding conditions of mining operations. Furthermore, as mining and extraction activities continue to expand globally, the demand for hydraulic cylinders is expected to rise correspondingly, offering a lucrative market for manufacturers and suppliers in this sector.
Threat:
Competition from alternative technologies
The hydraulic cylinder market faces a significant threat from alternative technologies. Innovations such as electromechanical actuators and pneumatic systems offer competing solutions that challenge the dominance of hydraulic cylinders. Electromechanical actuators, for instance, boast precision, efficiency, and environmental advantages over traditional hydraulic systems. Pneumatic systems, on the other hand, offer simplicity and cost-effectiveness in certain applications. These alternatives pose a threat by providing comparable or superior performance while addressing concerns such as energy efficiency and environmental impact, prompting the hydraulic cylinder market to adapt and innovate to maintain its competitive edge.
Covid-19 Impact:
The COVID-19 pandemic has significantly impacted the hydraulic cylinder market. Disruptions in global supply chains, reduced manufacturing activities, and logistical challenges have slowed down the production and distribution of hydraulic cylinders. Many industries that heavily rely on hydraulic systems, such as construction, mining, and agriculture, faced temporary shutdowns or decreased operations, leading to a decline in demand for hydraulic cylinders. However, as economies gradually recover and industries resume operations, there is a growing need for infrastructure development and industrial automation, which is expected to drive the demand for hydraulic cylinders in the post-pandemic period.
The welded cylinders segment is expected to be the largest during the forecast period
The growth in the welded cylinder segment of the hydraulic cylinder market can be attributed to several factors. Welded cylinders offer enhanced structural integrity and durability compared to other types, making them ideal for heavy-duty applications in industries such as construction, agriculture, and mining. Advancements in welding technologies have led to increased efficiency and cost-effectiveness in manufacturing welded cylinders, driving their adoption. Additionally, the growing demand for custom hydraulic solutions tailored to specific industrial requirements has boosted the popularity of welded cylinders, as they can be easily customized.
The industrial equipments segment is expected to have the highest CAGR during the forecast period
The industrial equipment segment has witnessed robust growth due to increasing industrialization across various sectors that has led to higher demand for machinery and equipment, consequently driving the need for hydraulic cylinders. Rising automation and mechanization in manufacturing processes has necessitated reliable hydraulic systems, boosting the adoption of hydraulic cylinders in industrial machinery. Furthermore, industries such as construction, agriculture, and mining are experiencing steady growth, driving the demand for heavy-duty hydraulic cylinders in equipment like excavators and loaders.
Region with largest share:
In recent years, the North American region has witnessed significant growth in the hydraulic cylinder market. This growth can be attributed to several factors, including the expansion of industries such as construction, agriculture, and automotive, which are major consumers of hydraulic cylinders. The increasing adoption of advanced technologies and automation in manufacturing processes has boosted the demand for hydraulic systems. Moreover, government initiatives aimed at infrastructure development and renewable energy projects have also contributed to the expansion of the hydraulic cylinder market in North America. Additionally, favourable economic conditions, coupled with technological advancements and supportive government policies, have fueled the growth of the hydraulic cylinder market in the region.
Region with highest CAGR:
The Asia-Pacific region has witnessed significant growth in the hydraulic cylinder market in recent years. This expansion can be attributed to several factors, including rapid industrialization, infrastructural development projects, and increasing investments in manufacturing sectors across countries like China, India, and Japan. Additionally, technological advancements and the adoption of automation in various industries have further propelled the demand for hydraulic systems, contributing to the market's expansion in the Asia-Pacific region. With favorable economic conditions and a burgeoning manufacturing landscape, the region is poised to continue experiencing robust growth in the hydraulic cylinder market.
Key players in the market
Some of the key players in Hydraulic Cylinder market include Best Metal Products, Bosch Rexroth, Caterpillar, Eaton, Enerpac Tool Group, Hydac, Hydrosila, Jiangsu Hengli Hydraulic, KYB Corporation, Norrhydro Oy., Parker-Hannifin Corporation, SMC Corporation, Standex International, Weber-Hydraulik Gmbh and Wipro Infrastructure Engineering.
Key Developments:
In May 2024, Parker Hannifin, a global leader in motion and control technologies, has enhanced its standalone and multi-axis Parker servo drives (PSD) offering with a new I/O option board. This versatile option card, accommodating one or two cards per drive, introduces an array of technical features that improve the adaptability and performance of the complete PSD family. From motion control for axis interpolation to adapting different setpoint sources, such as speed or current commands, the optional I/O card addresses a variety of applications. It also supports encoder simulation, step and direction input.
In April 2024, Wipro Infrastructure Engineering (WIN) is looking to harness the power of artificial intelligence (AI) and the government's focus on manufacturing to fuel its $1 billion growth plans. The company aims to accelerate its automation business and has already seen early success with data analytics after acquiring Linecraft.ai. This acquisition has enabled WIN's customers to increase efficiencies by 7%-15%, according to Pratik Kumar, Managing Director and CEO of Wipro Enterprises.
Products Covered:
- Threaded Cylinders
- Bolted/ Mill Type Cylinders
- Tie-Rod Cylinders
- Welded Cylinders
- Telescopic Cylinders
- Other Products
Bore Sizes Covered:
- <50 mm
- 51 - 100 mm
- 101 - 150 mm
- 151 - 300 mm
- Above 300 mm
Operating Principles Covered:
- Double Acting
- Single Acting
- Telescopic Hydraulic
- Tandem Hydraulic
Applications Covered:
- Mobile Equipments
- Industrial Equipments
- Other Applications
End Users Covered:
- Material Handling
- Mining
- Marine
- Construction
- Oil & Gas
- Automotive
- Agriculture
- Aerospace
- Other End Users
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Hydraulic Cylinder Market, By Product
- 5.1 Introduction
- 5.2 Threaded Cylinders
- 5.3 Bolted/ Mill Type Cylinders
- 5.4 Tie-Rod Cylinders
- 5.5 Welded Cylinders
- 5.6 Telescopic Cylinders
- 5.7 Other Products
6 Global Hydraulic Cylinder Market, By Bore Size
- 6.1 Introduction
- 6.2 <50 mm
- 6.3 51 - 100 mm
- 6.4 101 - 150 mm
- 6.5 151 - 300 mm
- 6.6 Above 300 mm
7 Global Hydraulic Cylinder Market, By Operating Principle
- 7.1 Introduction
- 7.2 Double Acting
- 7.3 Single Acting
- 7.4 Telescopic Hydraulic
- 7.5 Tandem Hydraulic
8 Global Hydraulic Cylinder Market, By Application
- 8.1 Introduction
- 8.2 Mobile Equipments
- 8.2.1 Mining & Material Handling Equipments
- 8.2.2 Agricultural & Forestry Vehicles
- 8.2.3 Construction Equipments
- 8.2.4 Other Mobile Equipments
- 8.3 Industrial Equipments
- 8.3.1 Loading Docks
- 8.3.2 Lifts & Aerial Work Platform
- 8.3.3 Rams & Presses
- 8.3.4 Oil & Gas and Offshore Applications
- 8.3.5 Injection Molding Machines
- 8.3.6 Other Industrial Equipments
- 8.4 Other Applications
9 Global Hydraulic Cylinder Market, By End User
- 9.1 Introduction
- 9.2 Material Handling
- 9.3 Mining
- 9.4 Marine
- 9.5 Construction
- 9.6 Oil & Gas
- 9.7 Automotive
- 9.8 Agriculture
- 9.9 Aerospace
- 9.10 Other End Users
10 Global Hydraulic Cylinder Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
12 Company Profiling
- 12.1 Best Metal Products
- 12.2 Bosch Rexroth
- 12.3 Caterpillar
- 12.4 Eaton
- 12.5 Enerpac Tool Group
- 12.6 Hydac
- 12.7 Hydrosila
- 12.8 Jiangsu Hengli Hydraulic
- 12.9 KYB Corporation
- 12.10 Norrhydro Oy.
- 12.11 Parker-Hannifin Corporation
- 12.12 SMC Corporation
- 12.13 Standex International
- 12.14 Weber-Hydraulik Gmbh
- 12.15 Wipro Infrastructure Engineering
