Hydraulic Actuator Market Key Players Matt Breida Jersey , Trends, Share, Industry Size, Growth, Opportunities, Forecast To 2023
by jimmylunkad · October 9, 2019


Global Hydraulic Actuator Market is anticipated to witness an exponential growth in the forecast period. Hydraulic actuator, also called as neumatic Cylinder鈥?and ydraulic Cylinder鈥? is an integral component of a hydraulic system. The factors that propel the growth of the market include increasing demand, rapid industrialization George Kittle Jersey , technological innovations, and growing applications. Moreover, growing demand from utility, manufacturing, mining, and power generation sectors, and increasing construction, manufacturing and mining activities are likely to contribute greatly to the market growth.


On the other hand, there are factors that may hamper the growth of the market including high cost of maintenance and installation Jimmy Garoppolo Jersey , loss of fluid, and requirement of several accessories such as heat exchangers, motors, release valve, and noise reduction equipment. The market is anticipated to grow at a significant CAGR of 4.6% in the upcoming period as the scope, product types, and its applications are increasing across the globe.


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The market may be explored by function, specification, application Jerry Rice Jersey , bore size, industry, and geography. Market may be explored by function as Double Acting and Single Acting. The ouble-acting hydraulic cylinders鈥?segment led the hydraulic actuator market in 2017 and will continue to lead in the forecast period.


The market could be explored based on Bore size as 50鈥?50 mm, >150 mm and <50 mm. The 鈥?0 and 150 mm鈥?segment led the hydraulic actuator market in 2017 and will continue to lead in the forecast period. The key factors that could be attributed to the growth of market include rapidly developing storage and material handling infrastructure, increasing construction activities Joe Montana Jersey , and modernization of agriculture equipment. The market could be explored by industry as Aerospace & Defense, Construction, Agriculture, Material Handling, Automotive, Mining, Oil & Gas, Marine, and Others. The onstruction鈥?segment led the market in 2016 and will continue to lead in the forecast period.


APAC accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The factors that could be attributed to the growth include increased usage in remote control solutions and operations San Francisco 49ers Jersey , increase in the acceptance of hydraulic actuators, usage of low-cost hydraulic actuators, and increasing demand from various end user industries.


Some of the key players that fuel the growth of the hydraulic actuator market comprise Emerson Electric Co., Flowserve Corporation, Cameron International Corporation, Rotork plc. Parker-Hannifin Corporation, Siemens AG, Eaton Corporation, Bosch Rexroth Group Leonard Williams Jersey , Pentair Plc., SMC Corporation, Wipro Infrastructure Engineering, ATI, 2G Engineering, ITT, Curtiss-Wright, and Ace Micromatic. The leading companies are taking up partnerships, mergers and acquisitions Jamal Adams Jersey , and joint ventures in order to boost the inorganic growth of the industry.


Market Segment:


Key Applications

Automotive Pharmaceuticals Food & Beverage Electronics Industrial

Key regions

North America Europe Asia Pacific Middle East and Africa South America

Key Vendors

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