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Asia-Pacific Hydraulic Cylinder Market By Function (Double Acting, Single Acting), Specification (Telescopic, Mill Typem, Tie Rod, Welded), Application (Mobile Equipment, Industrial Equipment), Bore Size (<50 mm, 50–150 mm, >150 mm), Industry Trends, Estimation & Forecast, 2018 - 2025

September 2018

 Pages: 135

 ERC 5574

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Asia-Pacific hydraulic cylinder market is expected to grow with a CAGR of 7.2% during the forecast period of 2018 to 2025.

Hydraulic cylinder is a mechanical device used to convert the energy stored in the form of hydraulic fluid into a force that moves a cylinder in a linear direction. The hydraulic cylinder market is estimated to grow at a notable growth rate, owing to the rapid industrialization and infrastructural development in Asia-Pacific. Hydraulic cylinders are majorly used in the construction industry for various equipment such as road construction planers, dozers, excavators, trenchers, and backhoes among few others. In addition, the hydraulic cylinder is capable of working in harsh & abrasive work environment, extreme temperature, and constant weather changes. Owing to such advantages, the demand for hydraulic cylinder has increased significantly in the construction industry. Moreover, hydraulic cylinders are a major component of agricultural equipment such as skid-steers, sprayers, and hay equipment. The booming agricultural industry of emerging economies, owing to the increasing demand for food grains by the surging population, is contributing towards the growth of Asia-Pacific hydraulic cylinder market. As per the data revealed by the Indian Brand Equity Foundation, India’s agricultural exports grew at a CAGR of 16.45% over the financial year 2010 to 2018, to reach a value of US$ 38.21 billion in FY18. Such high export statistics depict the growth of agriculture industry, which in turn is elevating the demand for hydraulic cylinders. However, the problem associated with the leakage of oil from hydraulic cylinders is the major factor restricting the growth of the market. The surging demand for lifting equipment in the shipping industry is expected to provide beneficial opportunities to the market players active in hydraulic cylinder market of Asia-Pacific.

The report provides detailed qualitative and quantitative analysis of the Asia-Pacific hydraulic cylinder market. Market size and forecast in terms of value and volume has been provided for the period - (2017 - 2025), for the segments namely function, specification, application, bore size, industry vertical, and country.

Asia-Pacific Hydraulic Cylinder Market Player Analysis –

The report presents detailed analysis of major players operating in Asia-Pacific hydraulic cylinder. Few of them include Parker Hannifin Corporation, Caterpillar Inc., Jiangsu Hengli Hydraulic, Actuant Corporation, Eaton, Wipro Enterprises Limited, SMC Corporation, Robert Bosch, Bosch Rexroth AG, WEBER-HYDRAULIK GmbH, Texas Hydraulics, and Pacoma GmbH. A detailed coverage on these market players with information on their revenue from hydraulic cylinder business, market share, gross margin and their growth strategies have been provided in the report.

Asia-Pacific Hydraulic Cylinder Market Segmentation

Asia-Pacific hydraulic cylinder market is segmented on the basis of function, specification, application, bore size, industry vertical, and country. On the basis of function, the market is categorized into double acting, single acting. Specification wise, the market is bifurcated into telescopic, mill type, tie rod, and welded. By application, the market is segregated into mobile equipment and industrial equipment. On the basis of bore size, the market is categorized into less than 50mm, 50-150mm, and more than 150mm. By industry vertical, the market is bifurcated into construction, mining, oil & gas, material handling, marine, aerospace & defense, agriculture, automotive, and other. Country-wise coverage has been provided for China, Japan, India, Korea, and rest of APAC.

Asia-Pacific Hydraulic Cylinder Market Segmentation

By Function
•Double Acting
•Single Acting
By Specification
•Telescopic
•Mill Type
•Tie Rod
•Welded
By Application
•Mobile Equipment
•Industrial Equipment
By Bore Size
•<50 mm
•50–150 mm
•>150 mm
By Industry Vertical
•Construction
•Mining
•Oil & Gas
•Material Handling
•Marine
•Aerospace & Defense
•Agriculture
•Automotive
•Others
By Country
•China
•Japan
•India
•Korea
•Rest of APAC

Asia-Pacific Hydraulic Cylinder Market Key Players
•Parker Hannifin Corporation
•Caterpillar Inc.
•Jiangsu Hengli Hydraulic
•Actuant Corporation
•Eaton
•Wipro Enterprises Limited
•SMC Corporation
•Robert Bosch
•Bosch Rexroth AG
•WEBER-HYDRAULIK GmbH
•Texas Hydraulics
•Pacoma GmbH

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    What Information does this report contain?

    • What was the market size of the Asia-Pacific Hydraulic Cylinder Market in 2017 and the expected market size by 2025, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2017 - 2025)?
    • Which are the leading companies in the Asia-Pacific Hydraulic Cylinder Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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