Hydraulic Cylinder Market Insights and Growth by 2031
The mounting demand for efficient mining and construction activity and the development of new technologies are fuelling the demand for material handling equipment; thus, the hydraulic cylinder market is anticipated to grow in the forecast period. The increasing government investments, as well as support for the development of civil and military aviation, are contributing towards the growth in the demand for hydraulic cylinder market in the forecast period.
MARKET DYNAMICS
The growing use in mining equipment and increasing demand for material handling equipment are the major drivers for the growth of the hydraulic cylinder market. The rising demand for lifting equipment in the shipping industry and growing marine industry to boost demand for hydraulic cylinders in the coming years.
MARKET SCOPE
The "Global Hydraulic Cylinder Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of hydraulic cylinder market with detailed market segmentation by functions, specification, bore size, application, end-user industry, and geography. The global hydraulic cylinder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hydraulic cylinder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global hydraulic cylinder market is segmented on the functions, specification, bore size, application, and end-user industry. Based on functions, the market is segmented into single-acting hydraulic cylinders, and double-acting hydraulic cylinders. On the basis of specification the market is segmented into mill-type cylinders, tie-rod cylinders, welded cylinders, and telescopic cylinders. Based on bore size the market is segmented into less than 50 MM, 50-150 MM, and more than 150 MM. On the basis of application the market is bifurcated into industrial, and mobile. Similarly, based on end-user industry the market of segmented into material handling, aerospace and defense, construction, agriculture, automotive, oil and gas, and others.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hydraulic cylinder market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hydraulic cylinder market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting hydraulic cylinder market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis across various regions namely: North America, Asia-Pacific, Europe, Middle East and Africa, and South America.
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- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hydraulic cylinder market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hydraulic cylinder market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting hydraulic cylinder market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis across various regions namely: North America, Asia-Pacific, Europe, Middle East and Africa, and South America.
MARKET PLAYERS
The reports cover key developments in the hydraulic cylinder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from hydraulic cylinder market are anticipated to lucrative growth opportunities in the future with the rising demand for hydraulic cylinder in the global market. Below mentioned is the list of few companies engaged in the Hydraulic cylinder market.
The report also includes the profiles of key hydraulic cylinder companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Actuant Corporation
- Bosch Rexroth AG
- Caterpillar
- Eaton Corporation
- Hydac
- Jiangsu Hengli Hydraulic Co., Ltd.
- KYB Corporation
- PARKER HANNIFIN CORP
- SMC Corporation
- Wipro Enterprises
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hydraulic Cylinder Market - By Function
1.3.2 Hydraulic Cylinder Market - By Specification
1.3.3 Hydraulic Cylinder Market - By Bore Size
1.3.4 Hydraulic Cylinder Market - By Application
1.3.5 Hydraulic Cylinder Market - By End-User Industry
1.3.6 Hydraulic Cylinder Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HYDRAULIC CYLINDER MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HYDRAULIC CYLINDER MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. HYDRAULIC CYLINDER MARKET - GLOBAL MARKET ANALYSIS
6.1. HYDRAULIC CYLINDER - GLOBAL MARKET OVERVIEW
6.2. HYDRAULIC CYLINDER - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HYDRAULIC CYLINDER MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION
7.1. OVERVIEW
7.2. FUNCTION MARKET FORECASTS AND ANALYSIS
7.3. SINGLE-ACTING HYDRAULIC CYLINDERS
7.3.1. Overview
7.3.2. Single-Acting Hydraulic Cylinders Market Forecast and Analysis
7.4. DOUBLE-ACTING HYDRAULIC CYLINDERS
7.4.1. Overview
7.4.2. Double-Acting Hydraulic Cylinders Market Forecast and Analysis
8. HYDRAULIC CYLINDER MARKET - REVENUE AND FORECASTS TO 2028 - SPECIFICATION
8.1. OVERVIEW
8.2. SPECIFICATION MARKET FORECASTS AND ANALYSIS
8.3. MILL-TYPE CYLINDERS
8.3.1. Overview
8.3.2. Mill-Type Cylinders Market Forecast and Analysis
8.4. TIE-ROD CYLINDERS
8.4.1. Overview
8.4.2. Tie-Rod Cylinders Market Forecast and Analysis
8.5. WELDED CYLINDERS
8.5.1. Overview
8.5.2. Welded Cylinders Market Forecast and Analysis
8.6. TELESCOPIC CYLINDERS
8.6.1. Overview
8.6.2. Telescopic Cylinders Market Forecast and Analysis
9. HYDRAULIC CYLINDER MARKET - REVENUE AND FORECASTS TO 2028 - BORE SIZE
9.1. OVERVIEW
9.2. BORE SIZE MARKET FORECASTS AND ANALYSIS
9.3. LESS THAN 50 MM
9.3.1. Overview
9.3.2. Less Than 50 MM Market Forecast and Analysis
9.4. 50-150 MM
9.4.1. Overview
9.4.2. 50-150 MM Market Forecast and Analysis
9.5. MORE THAN 150 MM
9.5.1. Overview
9.5.2. More Than 150 MM Market Forecast and Analysis
10. HYDRAULIC CYLINDER MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. INDUSTRIAL
10.3.1. Overview
10.3.2. Industrial Market Forecast and Analysis
10.4. MOBILE
10.4.1. Overview
10.4.2. Mobile Market Forecast and Analysis
11. HYDRAULIC CYLINDER MARKET - REVENUE AND FORECASTS TO 2028 - END-USER INDUSTRY
11.1. OVERVIEW
11.2. END-USER INDUSTRY MARKET FORECASTS AND ANALYSIS
11.3. MATERIAL HANDLING
11.3.1. Overview
11.3.2. Material Handling Market Forecast and Analysis
11.4. AEROSPACE AND DEFENSE
11.4.1. Overview
11.4.2. Aerospace and Defense Market Forecast and Analysis
11.5. CONSTRUCTION
11.5.1. Overview
11.5.2. Construction Market Forecast and Analysis
11.6. AGRICULTURE
11.6.1. Overview
11.6.2. Agriculture Market Forecast and Analysis
11.7. AUTOMOTIVE
11.7.1. Overview
11.7.2. Automotive Market Forecast and Analysis
11.8. OIL AND GAS
11.8.1. Overview
11.8.2. Oil and Gas Market Forecast and Analysis
11.9. OTHERS
11.9.1. Overview
11.9.2. Others Market Forecast and Analysis
12. HYDRAULIC CYLINDER MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Hydraulic Cylinder Market Overview
12.1.2 North America Hydraulic Cylinder Market Forecasts and Analysis
12.1.3 North America Hydraulic Cylinder Market Forecasts and Analysis - By Function
12.1.4 North America Hydraulic Cylinder Market Forecasts and Analysis - By Specification
12.1.5 North America Hydraulic Cylinder Market Forecasts and Analysis - By Bore Size
12.1.6 North America Hydraulic Cylinder Market Forecasts and Analysis - By Application
12.1.7 North America Hydraulic Cylinder Market Forecasts and Analysis - By End-User Industry
12.1.8 North America Hydraulic Cylinder Market Forecasts and Analysis - By Countries
12.1.8.1 United States Hydraulic Cylinder Market
12.1.8.1.1 United States Hydraulic Cylinder Market by Function
12.1.8.1.2 United States Hydraulic Cylinder Market by Specification
12.1.8.1.3 United States Hydraulic Cylinder Market by Bore Size
12.1.8.1.4 United States Hydraulic Cylinder Market by Application
12.1.8.1.5 United States Hydraulic Cylinder Market by End-User Industry
12.1.8.2 Canada Hydraulic Cylinder Market
12.1.8.2.1 Canada Hydraulic Cylinder Market by Function
12.1.8.2.2 Canada Hydraulic Cylinder Market by Specification
12.1.8.2.3 Canada Hydraulic Cylinder Market by Bore Size
12.1.8.2.4 Canada Hydraulic Cylinder Market by Application
12.1.8.2.5 Canada Hydraulic Cylinder Market by End-User Industry
12.1.8.3 Mexico Hydraulic Cylinder Market
12.1.8.3.1 Mexico Hydraulic Cylinder Market by Function
12.1.8.3.2 Mexico Hydraulic Cylinder Market by Specification
12.1.8.3.3 Mexico Hydraulic Cylinder Market by Bore Size
12.1.8.3.4 Mexico Hydraulic Cylinder Market by Application
12.1.8.3.5 Mexico Hydraulic Cylinder Market by End-User Industry
12.2. EUROPE
12.2.1 Europe Hydraulic Cylinder Market Overview
12.2.2 Europe Hydraulic Cylinder Market Forecasts and Analysis
12.2.3 Europe Hydraulic Cylinder Market Forecasts and Analysis - By Function
12.2.4 Europe Hydraulic Cylinder Market Forecasts and Analysis - By Specification
12.2.5 Europe Hydraulic Cylinder Market Forecasts and Analysis - By Bore Size
12.2.6 Europe Hydraulic Cylinder Market Forecasts and Analysis - By Application
12.2.7 Europe Hydraulic Cylinder Market Forecasts and Analysis - By End-User Industry
12.2.8 Europe Hydraulic Cylinder Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Hydraulic Cylinder Market
12.2.8.1.1 Germany Hydraulic Cylinder Market by Function
12.2.8.1.2 Germany Hydraulic Cylinder Market by Specification
12.2.8.1.3 Germany Hydraulic Cylinder Market by Bore Size
12.2.8.1.4 Germany Hydraulic Cylinder Market by Application
12.2.8.1.5 Germany Hydraulic Cylinder Market by End-User Industry
12.2.8.2 France Hydraulic Cylinder Market
12.2.8.2.1 France Hydraulic Cylinder Market by Function
12.2.8.2.2 France Hydraulic Cylinder Market by Specification
12.2.8.2.3 France Hydraulic Cylinder Market by Bore Size
12.2.8.2.4 France Hydraulic Cylinder Market by Application
12.2.8.2.5 France Hydraulic Cylinder Market by End-User Industry
12.2.8.3 Italy Hydraulic Cylinder Market
12.2.8.3.1 Italy Hydraulic Cylinder Market by Function
12.2.8.3.2 Italy Hydraulic Cylinder Market by Specification
12.2.8.3.3 Italy Hydraulic Cylinder Market by Bore Size
12.2.8.3.4 Italy Hydraulic Cylinder Market by Application
12.2.8.3.5 Italy Hydraulic Cylinder Market by End-User Industry
12.2.8.4 United Kingdom Hydraulic Cylinder Market
12.2.8.4.1 United Kingdom Hydraulic Cylinder Market by Function
12.2.8.4.2 United Kingdom Hydraulic Cylinder Market by Specification
12.2.8.4.3 United Kingdom Hydraulic Cylinder Market by Bore Size
12.2.8.4.4 United Kingdom Hydraulic Cylinder Market by Application
12.2.8.4.5 United Kingdom Hydraulic Cylinder Market by End-User Industry
12.2.8.5 Russia Hydraulic Cylinder Market
12.2.8.5.1 Russia Hydraulic Cylinder Market by Function
12.2.8.5.2 Russia Hydraulic Cylinder Market by Specification
12.2.8.5.3 Russia Hydraulic Cylinder Market by Bore Size
12.2.8.5.4 Russia Hydraulic Cylinder Market by Application
12.2.8.5.5 Russia Hydraulic Cylinder Market by End-User Industry
12.2.8.6 Rest of Europe Hydraulic Cylinder Market
12.2.8.6.1 Rest of Europe Hydraulic Cylinder Market by Function
12.2.8.6.2 Rest of Europe Hydraulic Cylinder Market by Specification
12.2.8.6.3 Rest of Europe Hydraulic Cylinder Market by Bore Size
12.2.8.6.4 Rest of Europe Hydraulic Cylinder Market by Application
12.2.8.6.5 Rest of Europe Hydraulic Cylinder Market by End-User Industry
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Hydraulic Cylinder Market Overview
12.3.2 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis
12.3.3 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis - By Function
12.3.4 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis - By Specification
12.3.5 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis - By Bore Size
12.3.6 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis - By End-User Industry
12.3.8 Asia-Pacific Hydraulic Cylinder Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Hydraulic Cylinder Market
12.3.8.1.1 Australia Hydraulic Cylinder Market by Function
12.3.8.1.2 Australia Hydraulic Cylinder Market by Specification
12.3.8.1.3 Australia Hydraulic Cylinder Market by Bore Size
12.3.8.1.4 Australia Hydraulic Cylinder Market by Application
12.3.8.1.5 Australia Hydraulic Cylinder Market by End-User Industry
12.3.8.2 China Hydraulic Cylinder Market
12.3.8.2.1 China Hydraulic Cylinder Market by Function
12.3.8.2.2 China Hydraulic Cylinder Market by Specification
12.3.8.2.3 China Hydraulic Cylinder Market by Bore Size
12.3.8.2.4 China Hydraulic Cylinder Market by Application
12.3.8.2.5 China Hydraulic Cylinder Market by End-User Industry
12.3.8.3 India Hydraulic Cylinder Market
12.3.8.3.1 India Hydraulic Cylinder Market by Function
12.3.8.3.2 India Hydraulic Cylinder Market by Specification
12.3.8.3.3 India Hydraulic Cylinder Market by Bore Size
12.3.8.3.4 India Hydraulic Cylinder Market by Application
12.3.8.3.5 India Hydraulic Cylinder Market by End-User Industry
12.3.8.4 Japan Hydraulic Cylinder Market
12.3.8.4.1 Japan Hydraulic Cylinder Market by Function
12.3.8.4.2 Japan Hydraulic Cylinder Market by Specification
12.3.8.4.3 Japan Hydraulic Cylinder Market by Bore Size
12.3.8.4.4 Japan Hydraulic Cylinder Market by Application
12.3.8.4.5 Japan Hydraulic Cylinder Market by End-User Industry
12.3.8.5 South Korea Hydraulic Cylinder Market
12.3.8.5.1 South Korea Hydraulic Cylinder Market by Function
12.3.8.5.2 South Korea Hydraulic Cylinder Market by Specification
12.3.8.5.3 South Korea Hydraulic Cylinder Market by Bore Size
12.3.8.5.4 South Korea Hydraulic Cylinder Market by Application
12.3.8.5.5 South Korea Hydraulic Cylinder Market by End-User Industry
12.3.8.6 Rest of Asia-Pacific Hydraulic Cylinder Market
12.3.8.6.1 Rest of Asia-Pacific Hydraulic Cylinder Market by Function
12.3.8.6.2 Rest of Asia-Pacific Hydraulic Cylinder Market by Specification
12.3.8.6.3 Rest of Asia-Pacific Hydraulic Cylinder Market by Bore Size
12.3.8.6.4 Rest of Asia-Pacific Hydraulic Cylinder Market by Application
12.3.8.6.5 Rest of Asia-Pacific Hydraulic Cylinder Market by End-User Industry
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Hydraulic Cylinder Market Overview
12.4.2 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis
12.4.3 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis - By Function
12.4.4 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis - By Specification
12.4.5 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis - By Bore Size
12.4.6 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis - By End-User Industry
12.4.8 Middle East and Africa Hydraulic Cylinder Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Hydraulic Cylinder Market
12.4.8.1.1 South Africa Hydraulic Cylinder Market by Function
12.4.8.1.2 South Africa Hydraulic Cylinder Market by Specification
12.4.8.1.3 South Africa Hydraulic Cylinder Market by Bore Size
12.4.8.1.4 South Africa Hydraulic Cylinder Market by Application
12.4.8.1.5 South Africa Hydraulic Cylinder Market by End-User Industry
12.4.8.2 Saudi Arabia Hydraulic Cylinder Market
12.4.8.2.1 Saudi Arabia Hydraulic Cylinder Market by Function
12.4.8.2.2 Saudi Arabia Hydraulic Cylinder Market by Specification
12.4.8.2.3 Saudi Arabia Hydraulic Cylinder Market by Bore Size
12.4.8.2.4 Saudi Arabia Hydraulic Cylinder Market by Application
12.4.8.2.5 Saudi Arabia Hydraulic Cylinder Market by End-User Industry
12.4.8.3 U.A.E Hydraulic Cylinder Market
12.4.8.3.1 U.A.E Hydraulic Cylinder Market by Function
12.4.8.3.2 U.A.E Hydraulic Cylinder Market by Specification
12.4.8.3.3 U.A.E Hydraulic Cylinder Market by Bore Size
12.4.8.3.4 U.A.E Hydraulic Cylinder Market by Application
12.4.8.3.5 U.A.E Hydraulic Cylinder Market by End-User Industry
12.4.8.4 Rest of Middle East and Africa Hydraulic Cylinder Market
12.4.8.4.1 Rest of Middle East and Africa Hydraulic Cylinder Market by Function
12.4.8.4.2 Rest of Middle East and Africa Hydraulic Cylinder Market by Specification
12.4.8.4.3 Rest of Middle East and Africa Hydraulic Cylinder Market by Bore Size
12.4.8.4.4 Rest of Middle East and Africa Hydraulic Cylinder Market by Application
12.4.8.4.5 Rest of Middle East and Africa Hydraulic Cylinder Market by End-User Industry
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Hydraulic Cylinder Market Overview
12.5.2 South and Central America Hydraulic Cylinder Market Forecasts and Analysis
12.5.3 South and Central America Hydraulic Cylinder Market Forecasts and Analysis - By Function
12.5.4 South and Central America Hydraulic Cylinder Market Forecasts and Analysis - By Specification
12.5.5 South and Central America Hydraulic Cylinder Market Forecasts and Analysis - By Bore Size
12.5.6 South and Central America Hydraulic Cylinder Market Forecasts and Analysis - By Application
12.5.7 South and Central America Hydraulic Cylinder Market Forecasts and Analysis - By End-User Industry
12.5.8 South and Central America Hydraulic Cylinder Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Hydraulic Cylinder Market
12.5.8.1.1 Brazil Hydraulic Cylinder Market by Function
12.5.8.1.2 Brazil Hydraulic Cylinder Market by Specification
12.5.8.1.3 Brazil Hydraulic Cylinder Market by Bore Size
12.5.8.1.4 Brazil Hydraulic Cylinder Market by Application
12.5.8.1.5 Brazil Hydraulic Cylinder Market by End-User Industry
12.5.8.2 Argentina Hydraulic Cylinder Market
12.5.8.2.1 Argentina Hydraulic Cylinder Market by Function
12.5.8.2.2 Argentina Hydraulic Cylinder Market by Specification
12.5.8.2.3 Argentina Hydraulic Cylinder Market by Bore Size
12.5.8.2.4 Argentina Hydraulic Cylinder Market by Application
12.5.8.2.5 Argentina Hydraulic Cylinder Market by End-User Industry
12.5.8.3 Rest of South and Central America Hydraulic Cylinder Market
12.5.8.3.1 Rest of South and Central America Hydraulic Cylinder Market by Function
12.5.8.3.2 Rest of South and Central America Hydraulic Cylinder Market by Specification
12.5.8.3.3 Rest of South and Central America Hydraulic Cylinder Market by Bore Size
12.5.8.3.4 Rest of South and Central America Hydraulic Cylinder Market by Application
12.5.8.3.5 Rest of South and Central America Hydraulic Cylinder Market by End-User Industry
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. HYDRAULIC CYLINDER MARKET, KEY COMPANY PROFILES
14.1. ACTUANT CORPORATION
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. BOSCH REXROTH AG
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. CATERPILLAR
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. EATON CORPORATION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. HYDAC
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. JIANGSU HENGLI HYDRAULIC CO., LTD.
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. KYB CORPORATION
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. PARKER HANNIFIN CORP
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SMC CORPORATION
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. WIPRO ENTERPRISES
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. Actuant Corporation
2. Bosch Rexroth AG
3. Caterpillar
4. Eaton Corporation
5. Hydac
6. Jiangsu Hengli Hydraulic Co., Ltd.
7. KYB Corporation
8. PARKER HANNIFIN CORP
9. SMC Corporation
10. Wipro Enterprises
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.