According to the new market research report "Hydraulic Cylinder Market by Function (Single Acting, Double Acting), Specification (Telescopic, Tie Rod, Mill Type, Welded), Application (Mobile and Industrial), Bore size, Industry, and Region - Global Forecast to 2023", the hydraulic cylinder market is expected to be valued at USD 13.64 Billion in 2017 and is projected to reach USD 19.30 Billion by 2023, at a CAGR of 5.95% between 2017 and 2023.
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=252743122 Double-acting hydraulic cylinders to hold largest share of market between 2017 and 2023 Double-acting hydraulic cylinders are suitable in presses and chippers for opening and closing drawers and for all types of raising and lowering devices.
Unlike single-acting, double-acting cylinders have 2 ports i.e., cap end port and rod end port enabling them to operate hydraulically in forward as well as backward direction.
Companies involved in the development of double-acting hydraulic cylinders include Hirotaka (Japan), Nordon Cylinders (Australia), SSH Stainless (Denmark), and Helipebs Controls (UK), among others.
Browse and in-depth TOC on “Hydraulic Cylinder Market”66 – Tables55– Figures154 – Pages View more detailed TOC @https://www.marketsandmarkets.com/Market-Reports/hydraulic-cylinders-market-252743122.html Construction industry to hold largest share of hydraulic cylinder market between 2017 and 2023 Excavators, telehandlers, compactors, backhoe loaders, concrete and cement machines, drilling rigs, wheel loaders, loading shovels, dumper trucks, and quick hitches are deployed with heavy-duty hydraulic cylinders.
The increasing popularity of hydraulic cylinders owing to their superior results encourages more companies in APAC to install these cylinders in automated equipment.