The Asia Pacific Hydraulic Cylinder Market would witness market growth of 4.7% CAGR during the forecast period (2021-2027).
Hydraulic cylinders are utilized in any application that requires linear force. They are also used in bending, tilting, and arcing applications, due to the employment of levers and booms. For industrial applications, they're used on presses, shears, clamps, and the like, while for mobile applications, they're used on booms, buckets, lifts, and the like. Hydraulic cylinder uses are numerous, and they will continue to thrive for decades to come due to the benefits of hydraulics, particularly on mobile gear.
Hydraulic cylinder actuators are generally built into control valves. It's important to make sure the valve is placed with the cylinder in the manufacturer's recommended position. Access facilities for maintenance and manual operation should be present when necessary. The diameter of the supply and return piping should be large enough to prevent excessive pressure drop, especially when a quick response is required in an emergency.
The hydraulic cylinders market is majorly driven by factors such as rising demand for cranes and considerations about reducing labor costs in developing countries such as India, China, Brazil, and others. Due to the sheer increased demand during mining operations, hydraulic cylinders larger than 151mm are commonly employed in automated equipment, transporters, robotic vehicles, and excavators. The market is growing due to an increase in investment in infrastructure-related activities and mine sites on development projects in countries like India and China.
China is a major player in the hydraulic cylinders market. China also provides raw materials for hydraulic cylinder production, which is why many large corporations have built up manufacturing operations throughout the country. Many countries, including the United States, Japan, Germany, and others, conduct business with China. The industry outlook will be boosted by rising demand for efficient components across numerous industries, as well as increased investment in manufacturing facility expansion.
Demand for hydraulic cylinders is expected to grow in the coming years. The market is supported by ongoing and planned industrial and infrastructure developments around the country, which are mostly financed by the government. It is unsurprising that India has the highest infrastructure spending in South Asia and the Pacific. India is a major market for hydraulic cylinders, and it is likely to continue to grow in demand in the coming years. Furthermore, the country's growing vital development activities, the presence of several significant companies, and expanding demand for agriculture and forestry equipment are offering appealing opportunities for hydraulic cylinder makers.
The China market dominated the Asia Pacific Hydraulic Cylinder Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,110.5 million by 2027. The Japan market is poised to grow at a CAGR of 4% during (2021 - 2027). Additionally, The India market would display a CAGR of 5.4% during (2021 - 2027).
Based on Function, the market is segmented into Double-acting, and Single-acting. Based on Specification, the market is segmented into Welded, Tie Rod, Telescopic, and Mill Type. Based on Bore Size, the market is segmented into 50–150 MM, <50 MM, and >150 MM. Based on Application, the market is segmented into Mobile, and Industrial. Based on Industry, the market is segmented into Construction, Aerospace, Material Handling, Mining, Agriculture, Automotive, Marine, Oil & Gas, AND Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hydraulic Cylinder Market is Projected to reach USD 18.3 Billion by 2027, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Caterpillar, Inc., Parker Hannifin Corporation, Standex International Corporation, Kawasaki Heavy Industries, Ltd., SMC Corporation, KYB Corporation, Enerpac Tool Group Corp., Ligon Industries, LLC, and HYDAC International GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Function
- Double-acting
- Single-acting
By Specification
- Welded
- Tie Rod
- Telescopic
- Mill Type
By Bore Size
By Application
By Industry
- Construction
- Aerospace
- Material Handling
- Mining
- Agriculture
- Automotive
- Marine
- Oil & Gas
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Wipro Limited
- Caterpillar, Inc.
- Parker Hannifin Corporation
- Standex International Corporation
- Kawasaki Heavy Industries, Ltd.
- SMC Corporation
- KYB Corporation
- Enerpac Tool Group Corp.
- Ligon Industries, LLC
- HYDAC International GmbH
TABLE 1 Asia Pacific Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Hydraulic Cylinder Market
TABLE 4 Product Launches And Product Expansions – Hydraulic Cylinder Market
TABLE 5 Acquisition and Mergers – Hydraulic Cylinder Market
TABLE 6 Geographical Expansions – Hydraulic Cylinder Market
TABLE 7 Asia Pacific Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Double-acting Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Double-acting Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific Single-acting Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific Single-acting Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 15 Asia Pacific Welded Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific Welded Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Tie Rod Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Tie Rod Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Telescopic Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Telescopic Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Mill Type Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Mill Type Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 25 Asia Pacific 50–150 MM Market by Country, 2017 - 2020, USD Million
TABLE 26 Asia Pacific 50–150 MM Market by Country, 2021 - 2027, USD Million
TABLE 27 Asia Pacific <50 MM Market by Country, 2017 - 2020, USD Million
TABLE 28 Asia Pacific <50 MM Market by Country, 2021 - 2027, USD Million
TABLE 29 Asia Pacific >150 MM Market by Country, 2017 - 2020, USD Million
TABLE 30 Asia Pacific >150 MM Market by Country, 2021 - 2027, USD Million
TABLE 31 Asia Pacific Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 32 Asia Pacific Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 33 Asia Pacific Mobile Market by Country, 2017 - 2020, USD Million
TABLE 34 Asia Pacific Mobile Market by Country, 2021 - 2027, USD Million
TABLE 35 Asia Pacific Industrial Market by Country, 2017 - 2020, USD Million
TABLE 36 Asia Pacific Industrial Market by Country, 2021 - 2027, USD Million
TABLE 37 Asia Pacific Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 38 Asia Pacific Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 39 Asia Pacific Construction Market by Country, 2017 - 2020, USD Million
TABLE 40 Asia Pacific Construction Market by Country, 2021 - 2027, USD Million
TABLE 41 Asia Pacific Aerospace Market by Country, 2017 - 2020, USD Million
TABLE 42 Asia Pacific Aerospace Market by Country, 2021 - 2027, USD Million
TABLE 43 Asia Pacific Material Handling Market by Country, 2017 - 2020, USD Million
TABLE 44 Asia Pacific Material Handling Market by Country, 2021 - 2027, USD Million
TABLE 45 Asia Pacific Mining Market by Country, 2017 - 2020, USD Million
TABLE 46 Asia Pacific Mining Market by Country, 2021 - 2027, USD Million
TABLE 47 Asia Pacific Agriculture Market by Country, 2017 - 2020, USD Million
TABLE 48 Asia Pacific Agriculture Market by Country, 2021 - 2027, USD Million
TABLE 49 Asia Pacific Automotive Market by Country, 2017 - 2020, USD Million
TABLE 50 Asia Pacific Automotive Market by Country, 2021 - 2027, USD Million
TABLE 51 Asia Pacific Marine Market by Country, 2017 - 2020, USD Million
TABLE 52 Asia Pacific Marine Market by Country, 2021 - 2027, USD Million
TABLE 53 Asia Pacific Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 54 Asia Pacific Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 55 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 56 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 57 Asia Pacific Hydraulic Cylinder Market by Country, 2017 - 2020, USD Million
TABLE 58 Asia Pacific Hydraulic Cylinder Market by Country, 2021 - 2027, USD Million
TABLE 59 China Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 60 China Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 61 China Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 62 China Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 63 China Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 64 China Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 65 China Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 66 China Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 67 China Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 68 China Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 69 China Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 70 China Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 71 Japan Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 72 Japan Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 73 Japan Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 74 Japan Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 75 Japan Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 76 Japan Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 77 Japan Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 78 Japan Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 79 Japan Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 80 Japan Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 81 Japan Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 82 Japan Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 83 India Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 84 India Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 85 India Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 86 India Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 87 India Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 88 India Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 89 India Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 90 India Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 91 India Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 92 India Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 93 India Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 94 India Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 95 South Korea Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 96 South Korea Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 97 South Korea Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 98 South Korea Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 99 South Korea Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 100 South Korea Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 101 South Korea Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 102 South Korea Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 103 South Korea Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 104 South Korea Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 105 South Korea Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 106 South Korea Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 107 Singapore Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 108 Singapore Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 109 Singapore Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 110 Singapore Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 111 Singapore Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 112 Singapore Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 113 Singapore Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 114 Singapore Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 115 Singapore Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 116 Singapore Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 117 Singapore Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 118 Singapore Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 119 Malaysia Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 120 Malaysia Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 121 Malaysia Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 122 Malaysia Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 123 Malaysia Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 124 Malaysia Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 125 Malaysia Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 126 Malaysia Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 127 Malaysia Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 128 Malaysia Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 129 Malaysia Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 130 Malaysia Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 131 Rest of Asia Pacific Hydraulic Cylinder Market, 2017 - 2020, USD Million
TABLE 132 Rest of Asia Pacific Hydraulic Cylinder Market, 2021 - 2027, USD Million
TABLE 133 Rest of Asia Pacific Hydraulic Cylinder Market by Function, 2017 - 2020, USD Million
TABLE 134 Rest of Asia Pacific Hydraulic Cylinder Market by Function, 2021 - 2027, USD Million
TABLE 135 Rest of Asia Pacific Hydraulic Cylinder Market by Specification, 2017 - 2020, USD Million
TABLE 136 Rest of Asia Pacific Hydraulic Cylinder Market by Specification, 2021 - 2027, USD Million
TABLE 137 Rest of Asia Pacific Hydraulic Cylinder Market by Bore Size, 2017 - 2020, USD Million
TABLE 138 Rest of Asia Pacific Hydraulic Cylinder Market by Bore Size, 2021 - 2027, USD Million
TABLE 139 Rest of Asia Pacific Hydraulic Cylinder Market by Application, 2017 - 2020, USD Million
TABLE 140 Rest of Asia Pacific Hydraulic Cylinder Market by Application, 2021 - 2027, USD Million
TABLE 141 Rest of Asia Pacific Hydraulic Cylinder Market by Industry, 2017 - 2020, USD Million
TABLE 142 Rest of Asia Pacific Hydraulic Cylinder Market by Industry, 2021 - 2027, USD Million
TABLE 143 Key Information – Wipro Limited
TABLE 144 key information – Caterpillar, Inc.
TABLE 145 Key Information – PARKER-HANNIFIN CORPORATION
TABLE 146 Key Information – Standex International Corporation
TABLE 147 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 148 Key Information – SMC Corporation
TABLE 149 Key Information – KYB Corporation
TABLE 150 Key Information – Enerpac Tool Group Corp.
TABLE 151 Key Information – Ligon Industries, LLC
TABLE 152 Key Information – HYDAC International GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Recent strategies and developments: Parker Hannifin Corporation
FIG 5 Recent strategies and developments: Enerpac Tool Group Corp.