Global Hydraulic Cylinder Market 2016 to 2025.
Increasing infrastructure investment by emerging economies will drive the Hydraulic Cylinder Market size growth during forecast period.
Hydraulic Cylinder Market size is expected to reach USD 16.44 billion by 2025, according to a new research report by Global Market Insights, Inc.
Rapid industrialization coupled with increasing infrastructural spending will drive the global hydraulic cylinder market size. In 2016, the Government of India had announced an investment of over USD 325 million in the infrastructure sector by 2020.
Positive outlook in construction sector coupled with increasing adoption of mechanized agricultural equipment will boost industry growth. Increasing demand for material handling equipments including cranes, forklifts and production line conveyors will boost global hydraulic equipment market size. Retrofit and replacement of existing equipment is likely to favor industry growth.
Weak economic indicators may restrain industry demand over the next five years. Double acting hydraulic cylinder market share dominated the industry with over USD 7 billion revenue in 2015, owing to increasing demand for mobile equipment. Welded hydraulic cylinder market dominated the product landscape and could surpass USD 11 billion revenue by 2025. These are widely used in heavy equipment and requires high end customization.
Browse key industry insights spread across 165 pages with 474 market data tables & 11 figures & charts from the report, “Hydraulic Cylinder Market Size By Function (Single Acting, Double Acting), By Product (Tie rod, Welded), By Application (Mobile, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico, Germany, UK, Italy, Russia, Belarus, Kazakhstan, Armenia, Kyrgyzstan, Azerbaijan, Moldova, Tajikistan, Turkmenistan, Ukraine, Uzbekistan, China, Japan, India, Brazil, Argentina), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2025” in detail along with the table of contents:
Key insights from the report include:
Major industry participants include Bosch Rexroth, Wipro Infrastructure, United Hydraulics, Best Metal Products, Bailey, Aggressive Inc., Caterpillar, Eaton, Enerpac Corp., Hannon, Ligon, Parker, Precision Hydraulics, Prince Corporation, Texas, YELETSGIDROAGREGAT, Norrhydro Oy, Hydrapac Italia, Hydrosila, Burnside Autocyl, Pacoma, CHAPEL HYDRAULIQUE and WEBER-HYDRAULIK
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Global Market Insights, Inc., headquartered in Delaware,U.S., is a global market research and consulting service provider; offeringsyndicated and custom research reports along with growth consulting services.Our business intelligence and industry research reports offer clients withpenetrative insights and actionable market data specially designed andpresented to aid strategic decision making. These exhaustive reports aredesigned via a proprietary research methodology and are available for keyindustries such as chemicals, advanced materials, technology, renewable energyand biotechnology.