Hydraulic Cylinder Market Analysis

Hydraulic Cylinder Market Analysis

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Based on function, the double acting cylinder market is anticipated to surpass over USD 15 billion by 2032. The product finds application in the food and beverage industry, where material handling equipment to create linear motion for conveyor belts and assembly lines is required, thereby driving the demand for single and double-acting hydraulic cylinders. Additionally, increasing usage of emission-free, energy-efficient, and low-maintenance equipment across manufacturing, chemical, and food and beverage industries further supports market growth.
 

Based on application, the mobile hydraulic cylinder industry is set to grow at a CAGR of over 4.1% through 2032. The increasing integration of electrical components with hydraulic systems to create electro-hydraulic systems is gaining popularity due to their enhanced performance and control capabilities, which in turn is catering to the mobile industry growth.
 

North America hydraulic cylinder market is forecasted to exceed USD 6.5 billion by 2032. The shift towards sustainable practices and stringent environmental regulations are encouraging the adoption of energy-efficient and emission-free hydraulic systems in the U.S. In addition, governments and private sectors are investing heavily in infrastructure projects, which is creating a high demand for hydraulic cylinders used in construction equipment, thereby adding to the market growth.