The global Hydraulic Components market was 5810 million US$ in 2018 and is expected to 7970 million US$ by the end of 2025, growing at a CAGR of 4.0% between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- 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.
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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.
This report studies the Hydraulic Components market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Hydraulic Components in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
By the product type, the market is primarily split into:
By the end users/application, this report covers the following segments:
Single Acting Cylinders
Double Acting Cylinders
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