Report on " Hydraulic Components Market " assesses the key Market opportunities and Key driving factors along with competitive Landscape by analyzing Leading Industry Players.
Albany, NY -- (SBWIRE) -- 03/16/2019 -- A hydraulic cylinder is a mechanical actuator that produces linear motion and unidirectional force by using pressurized hydraulic fluid. It converts the energy stored in the hydraulic fluid into a force, allowing the linear motion of the cylinder.
Scope of the Report:
- This report focuses on the Hydraulic Components in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
- For industry structure analysis, the hydraulic cylinder components industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 25% of the revenue market.
- For forecast, the global hydraulic cylinder components revenue would keep increasing with annual growth rate with 1~3%, and a little higher speed in China. We tend to believe that this industry still has a bright future, considering the current demand of valves. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
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The worldwide market for Hydraulic Components is expected to grow at a CAGR of roughly 4.1% over the next five years, will reach 7400 million US$ in 2023, from 5810 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- Bosch Rexroth
- Hydratech Industries
- Nurmi Hydraulics
- Ligon Industries
- Wipro Enterprises
- DY Power
- Hunan Teli
- Bengbu Yeli
- Hubei Jiaheng
- Changjiang Hydraulic
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Market Segment by Type, covers
- Cylinder Barrel
- Piston Rod
Market Segment by Applications, can be divided into
- Single Acting Cylinders
- Double Acting Cylinders
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