Albany, NY -- (SBWire) -- 05/23/2019 --Considerable revenues in hydraulic cylinders market are likely to come from developing regions particularly in Asia Pacific, where the region is characterized by sheer pace of infrastructural developments in its economies. Several prominent manufacturers have their production units in North America, where they garner large revenue gains from the demand for welded hydraulic cylinders. The market is projected to clock promising CAGR of 4.3% during 2018 – 2026.
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Analyses the global Hydraulic Cylinders market in its new publication titled Hydraulic Cylinders Market: Global Industry Analysis (2013 2017) & Forecast (2018 2026). This study provides data for 2017 along with the forecast for the period (20182026). The main objective of the report is to identify the dynamics of the market and provide recent updates and insights pertaining to various segments of the global Hydraulic Cylinders market. To provide a better understanding of the market, the report also includes analysis of drivers, restraints and trends that influence the current market scenario and are expected to impact the global hydraulic cylinders market over the forecast period. The study provides data for 2017 along with a comprehensive market forecast for the period 20182026.
Report Description
To understand and assess market opportunities and trends, the global hydraulic cylinders market report is categorically split into different sections based on bore size, product type, operating principle, application and regions. The report starts with the global macro-economic environment that covers the factors that influence market growth. Next, the report gives a market overview and provides market definitions & taxonomy, along with drivers, restraints & trends in the market. The sections that follow include the global hydraulic cylinders market analysis by grade, production method, end-use industry and regional/country-level analysis. All the above sections evaluate the market on the basis of various factors that affect it. Each section discusses the qualitative and quantitative aspects of the global hydraulic cylinders market. To provide a brief idea about the revenue opportunities from the bore size, product type, operating principle, application and regions/country-wise segments, the report also provides market value (US$ Mn) data, absolute $ opportunity and total incremental opportunity for each segment over the forecast period (2018-2026).
In the subsequent section, market analysis on a regional basis has been provided and a detailed analysis of macro-economic factors at the regional level has been covered. Furthermore, the growth of various factors is mapped against the growth of the market.
In the final section of the report, we have provided a detailed competitive landscape with market share and performance of companies to provide a dashboard view of key players operating in the global hydraulic cylinders market, along with their business strategies. This will enable clients to assess strategies deployed by market leaders and help them develop effective business strategies accordingly.
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Research Methodology
For market data analysis, we have considered 2017 as the base year, market numbers are estimated for 2018 and forecast is made for 20182026. The report considers the market size of the hydraulic cylinders market at a global level and splits & evaluates the market at a regional level. The estimation made is then further triangulated. The forecast assesses the total revenue (US$ Mn) of the global hydraulic cylinders market. In order to provide an accurate forecast, we began by sizing up the historical market size, i.e. 20132016, after which we evaluated the current market, which forms the basis of how the global hydraulic cylinders market is expected to develop in the future. The critical market data, including the base number & segment splits, has been devised through in-depth secondary research. This data was then triangulated on the basis of different verticals, considering the supply side as well as the demand side drivers and other dynamics of the various regional markets, along with primary interviews of hydraulic cylinders manufacturers, distributors & suppliers and industry experts operating in the global hydraulic cylinders market. The forecast presented in the report evaluates the actual market size (US$ Mn) in 2017 with regards to hydraulic cylinders and the expected market value of the global hydraulic cylinders market over the forecast period.
We have also analysed the different segments of the global hydraulic cylinders market in terms of Basis Point Share (BPS) to understand the relative contribution of individual segments to market growth. This detailed information is important for identifying the various key trends governing the global Hydraulic Cylinders market. The report also analyses the global hydraulic cylinders market based on the absolute dollar opportunity. This is usually overlooked while estimating the market forecast. However, from a business development perspective, it is essential to identify absolute dollar opportunity to identify potential resources in the hydraulic cylinders market. Moreover, PMR has developed a market attractiveness index to understand the key segments in terms of their performance and growth in the global hydraulic cylinders market. This market attractiveness index is expected to help clients identify real market opportunities in the global hydraulic cylinders market.
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Global Hydraulic Cylinders Market Shipment and Sales Forecast 2018-2026: Cross US $16 Bn with a CAGR of 4.3%