Construction Machinery Hydraulic Cylinder Market Recent Opportunities with Growth Forecasts by 2028

Hydraulic cylinders offer theadvantage of withstanding corrosive and abrasive environments, extreme temperatures and weatherchanges, and can be used continuously on a long run.

These is expected to increase their preference in various end-use industries such as construction, mining, oil & gas, and automotive.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=252743122Several companies in the hydraulic cylinder market are continuously investing in R activities to developbetter and upgraded hydraulic cylinders, which would offer better solutions to their clients.

Owing to thehigh competitiveness of the hydraulic cylinder market, companies need to upgrade their productsperiodically.

This type of cylinders can be used vertically as well as horizontally as they have the mechanism to help the piston to expand and retract each time it pushes or needs to pull an object.

Double-acting hydraulic cylinders have a higher demand in mobile applications such as forklifts, earth moving equipment, lifting equipment, and heavy trucks.

Hydraulic cylinders with bore size <50 mm have lower load-carrying capacity; hence, these cylinders are used to perform light-duty tasks, such as push-pull operations in lightweight equipment, with a maximum operating pressure of 35 to 200 bar.

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", published by MarketsandMarkets™, the 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.The key factor driving the growth of the hydraulic cylinder market is their rising demand in the construction industry and mining process equipment.

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.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.

These machines extensively use hydraulic cylinders for a wide range of specific purposes owing to their strength, performance, and reliability.

Hydraulic cylinder providers operating in the construction industry include JARP Industries (US), Oscar Equipment (India), AH Garner (UK), and Actuant (US).Browse in-depth TOC on "Hydraulic Cylinder Market"Tables – 66Figures – 55Pages- 154 APAC held largest share of hydraulic cylinder market in 2016 APAC is the largest and fastest-growing market for 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.

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.