World Hydraulic Actuators Market Segmentation, Application Analysis and Market Forecast 2022 – Acute Market Reports
Hydraulic actuator, also known as hydraulic cylinder and pneumatic cylinder, is integral components of hydraulic systems. Hydraulic systems are used in various mobile and industrial applications in order to perform a wide variety of tasks. Hydraulic actuators are used in construction, agricultural and mining equipment such as excavators, loaders, trucks, tractors and others. Moreover, hydraulic cylinders are also used in application areas, such as manufacturing, nuclear power plants and others.
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The world hydraulic actuator market is expected to generate revenue of $2.4 billion by 2022, registering a CAGR of 3.6% from 2016 to 2022. Increasing usage of hydraulic systems in mining, construction, and agricultural equipment has supplemented the overall market growth. Technological advancements such as development of electro-hydraulic technology is amongst other factors propelling the demand for pneumatic cylinders. Moreover, the integration of hydraulics with electronics has expanded the usage of hydraulic cylinders in applications areas such as renewable energy. However, high cost of manufacturing and lack of product differentiation of pneumatic cylinders are challenges faced by the players operating in the market.
The hydraulic actuators market is segmented based on product type, application, and geography. Based on product type, hydraulic cylinders are classified as linear and rotary actuators. Based on application, the market is segmented into mobile equipment, industrial, and aviation & others. Sub-segments of mobile equipment comprise construction, oil & gas, metal & mining, agriculture and others. The market is analyzed across geographical regions namely North America (U.S., Canada, and Mexico), Europe (Germany, France, Italy, UK & Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players of the market profiled in this report are Flowserve Corporation, Emerson Electric Co., Cameron International Corporation, Eaton Corporation, Bosch Rexroth S.A., Pentair Plc., Rotork Plc., Parker Hannifin Corporation, SMC Corporation and Wipro Infrastructure Engineering.
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KEY BENEFITS FOR STAKEHOLDERS
- The report offers a detailed analysis of key driving and restraining factors of the world hydraulic actuator market.
- The report provides an in-depth analysis of current and future market status of the world hydraulic actuator market.
- This report offers an extensive quantitative analysis of the current market and estimations through 2015-2020, which assists in identifying the prevailing market opportunities.
- An extensive analysis of dominant market shares for each segment helps in understanding the current market trend.
- Geographically, the world hydraulic actuator market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
- An in-depth analysis of current research and clinical developments within the world hydraulic actuator market helps in understanding the behavior of the market.
HYDRAULIC ACTUATORS MARKET SEGMENTATION
The hydraulic actuators market is segmented on the basis of product type, application, and geography.
HYDRAULIC ACTUATORS MARKET – BY PRODUCT TYPE
HYDRAULIC ACTUATORS MARKET – BY APPLICATION
Oil & gas
Metal & mining
Aviation and others
HYDRAULIC ACTUATORS MARKET – BY GEOGRAPHY
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
KEY MARKET PLAYERS
- Flowserve Corporation
- Emerson Electric Co.
- Cameron International Corporation
- Rotork Plc
- Parker Hannifin Corporation
- Eaton CorporationPentair Plc.
- Bosch Rexroth S.A
- Wipro Infrastructure Engineering
- SMC Corporation
Chapter: 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segments
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1 CXO perspective
Chapter: 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key Findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Value chain analysis
3.4 Porter’s five forces analysis
3.4.1 Well informed buyers and large number of providers increase the bargaining power of buyers
3.4.2 Presence of numerous small and big suppliers lowers the bargaining power of suppliers
3.4.3 Safety and environmental legislations lower the threat of new entrants
3.4.4 Absence of alternatives lowers the threat of substitutes
3.4.5 High industrial rivalry due to presence of many big and small players in the industry
3.5 Market player positioning, 2015
3.6.1 Technological advancements
3.6.2 Increasing demand from emerging economies
3.6.3 Changes in marketing and trade practices
3.7.1 Lack of product differentiation
3.7.2 High manufacturing cost
3.8.1 Increase in demand from emerging economies
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