Product Code: GVR-4-68039-957-6
Hydraulic Cylinder Market Growth & Trends:
The global hydraulic cylinder market size is anticipated to reach USD 21.44 billion by 2030 and is expected to grow at a CAGR of 4.4% during the forecast period, according to a new report by Grand View Research, Inc. The market is primarily driven by expanding construction, mining, and agricultural activities globally, where hydraulic systems are essential for heavy-duty applications. The increasing adoption of automation and smart technologies in manufacturing and industrial processes also significantly boosts demand for efficient hydraulic components. Moreover, the rise in infrastructure development projects, especially in emerging economies, fuels the need for robust hydraulic equipment.
Opportunities in the market emerge from integrating IoT and predictive maintenance technologies into hydraulic systems, offering enhanced performance and reduced downtime. The shift toward electrification and energy-efficient solutions also creates room for innovation in cylinder design and performance, catering to the growing emphasis on sustainability.
On the regulatory front, environmental and safety regulations are becoming stricter, particularly in North America and Europe, pushing manufacturers to develop cleaner, more energy-efficient hydraulic systems. Compliance with standards such as ISO 6020/2 and EU directives is essential for market players to maintain their competitive edge and ensure product reliability.
Leading players in the market, such as Bosch Rexroth AG, Caterpillar, and Parker-Hannifin Corporation, are focusing on product innovation, strategic collaborations, and global expansion to increase their market share. These companies invest in R&D to develop lightweight, durable, and eco-friendly hydraulic cylinders while also expanding their service networks and production facilities in high-growth regions to cater to local demand more effectively. For instance, in April 2024, HPS International released the V72 hydraulic cylinder series, an evolution of the VBLS. It offers new mounting and rod end options, fast delivery (less than 5 working days), and fixed strokes and options for simplified selection. As the simplest and most economical version of the VBL cylinder, the V72 maintains quality and reliability.
Hydraulic Cylinder Market Report Highlights:
- Based on product, the welded segment dominated the market in 2024, driven by their robust, leak-resistant design and ability to handle high-pressure applications, making them ideal for demanding environments like construction and agriculture. Their compactness and low maintenance needs further enhance their appeal in mobile machinery
- Based on function, the double-acting segment led the market in 2024, driven by their efficiency in providing controlled force in both extension and retraction, essential for industrial automation, robotics, and complex motion systems. Their versatility across applications boosts their adoption over single-acting types
- Based on application, the mobile segment led the market in 2024, fueled by the surge in infrastructure development and mechanized farming, which increased the demand for compact, powerful hydraulic systems in off-highway vehicles. Growing investments in smart construction equipment also contributed to segment growth
- Based on region, the Asia Pacific market dominated in 2024, with the construction industry acting as a major driver. Large-scale infrastructure projects in countries like China and India increased the demand for hydraulic cylinders in equipment such as excavators and cranes
- In August 2024, Wipro Hydraulics, a division of Wipro Infrastructure Engineering, acquired Columbus Hydraulics, a U.S.-based hydraulic cylinder manufacturer. This acquisition aims to strengthen Wipro's position in North America and enhance its manufacturing capabilities by integrating Columbus Hydraulics' expertise in custom hydraulic solutions
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Research Methodology
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 Gvr's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Third Party Perspective
- 1.4.5 Information Analysis
- 1.5 Information Analysis
- 1.5.1 Data Analysis Models
- 1.5.2 Market Formulation & Data Visualization
- 1.5.3 Data Validation & Publishing
- 1.6 Research Scope And Assumptions
- 1.6.1 List Of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Snapshot
- 2.2 Product & Function Segment Snapshot
- 2.3 Application Segment Snapshot
- 2.4 Competitive Landscape Snapshot
Chapter 3 Hydraulic Cylinder Market: Variables, Trends & Scope
- 3.1 Concentration & Growth Prospect Mapping
- 3.2 Industry Value Chain Analysis
- 3.2.1 Raw Material & Compent Supplier Outlook
- 3.2.1.1 Volatality In Raw Material Prices And Its Impact On The Market
- 3.2.2 Manufacturer Outlook
- 3.2.3 Distribution Outlook
- 3.2.4 End User Outlook
- 3.3 Technology Framework
- 3.4 Regulatory Framework
- 3.4.1 Occupational Safety And Health Administration
- 3.4.1.1 3593 Fluid Power Cylinders And Actuators
- 3.4.1.2 3531 Construction Machinery And Equipment
- 3.4.1.3 3532 Mining Machinery And Equipment, Except Oil And Gas Field Machinery And Equipment
- 3.4.1.4 537 Industrial Trucks, Tractors, Trailers, And Stackers
- 3.4.1.5 1910.253(A)
- 3.4.1.5.1 1910.253(A)(1)
- 3.4.1.5.2 1910.253(A)(2)
- 3.4.1.5.3 1910.253(A)(3)
- 3.4.1.5.4 1910.253(A)(4)
- 3.4.1.6 1910.253(B)
- 3.4.1.6.1 1910.253(B)(1)
- 3.4.1.6.2 1910.253(B)(1)(I)
- 3.4.1.6.3 1910.253(B)(1)(Ii)
- 3.4.1.6.4 1910.253(B)(1)(Iii)
- 3.4.1.6.5 1910.253(B)(1)(Iv)
- 3.4.1.6.6 1910.253(B)(2)
- 3.4.1.6.7 1910.253(B)(2)(I)
- 3.4.1.6.8 1910.253(B)(2)(Ii)
- 3.4.2 Iso Regulations
- 3.4.2.1 Iso 5597:2010
- 3.4.2.2 Iso 5597:2010
- 3.4.2.3 Iso 5597:2010
- 3.4.2.4 Iso 5597:2018
- 3.4.2.5 Iso 5597:2018
- 3.4.2.6 Iso 5597:2018
- 3.5 Market Dynamics
- 3.5.1 Market Driver Analysis
- 3.5.1.1 Growth In The Infrastructure & Construction Industry
- 3.5.1.2 Growing Adoption Of Hydraulic Cylinders In Agricultural Industry
- 3.5.1.3 Rising Industrial Automation
- 3.5.2 Market Restraint Analysis
- 3.5.2.1 Higher Initial Cost Coupled With Complex Design And Maintenance
- 3.5.3 Market Opportunity Analysis
- 3.5.3.1 Growing E-Commerce Industry
- 3.5.3.2 Advancements In Aerospace & Military
- 3.5.4 Market Challenge Analysis
- 3.5.4.1 Environmental Concerns And Regulatory Challenges In The Hydraulic Cylinder Market
- 3.6 Industry Analysis Tools
- 3.6.1 Porter's Analysis
- 3.6.2 Macroeconomic Analysis
- 3.7 Economic Mega Trend Analysis
- 3.7.1 Overview
- 3.7.2 Covid-19 Impact Analysis
- 3.7.3 Potential Disruption To World Trade Due To Imposition Of Tariffs
- 3.7.4 Increased Manufacturing Costs & Supply Chain Disruptions
- 3.8 Case Study
- 3.8.1 Problem/Challenge
- 3.8.2 Approach
- 3.8.3 Result
Chapter 4 Hydraulic Cylinder Market: Function Estimates & Trend Analysis
- 4.1 Hydraulic Cylinder Market: Function Outlook
- 4.2 Hydraulic Cylinder Market: Function Movement Analysis & Market Share, 2024 & 2030
- 4.3 Hydraulic Cylinder Market Estimates & Forecasts, By Function, 2018 - 2030 (USD Million)
- 4.3.1 Double-Acting
- 4.3.2 Single-Acting
Chapter 5 Hydraulic Cylinder Market: Product Estimates & Trend Analysis
- 5.1 Hydraulic Cylinder Market: Product Outlook
- 5.2 Hydraulic Cylinder Market: Product Movement Analysis & Market Share, 2024 & 2030
- 5.3 Hydraulic Cylinder Market Estimates & Forecasts, By Product, 2018 - 2030 (USD Million)
- 5.3.1 Welded
- 5.3.2 Tie Rod
- 5.3.3 Telescopic
- 5.3.4 Mill Type
Chapter 6 Hydraulic Cylinder Market: Application Estimates & Trend Analysis
- 6.1 Hydraulic Cylinder Market: Application Outlook
- 6.2 Hydraulic Cylinder Market: Application Movement Analysis & Market Share, 2024 & 2030
- 6.3 Hydraulic Cylinder Market Estimates & Forecasts, By Application, 2018 - 2030 (USD Million)
- 6.4 Hydraulic Cylinder Market Estimates & Forecasts, In Mobile, By Type, 2018 - 2030 (USD Million)
- 6.5 Hydraulic Cylinder Market Estimates & Forecasts, In Industrial, By Type, 2018 - 2030 (USD Million)
- 6.5.1 Mobile
- 6.5.2 Industrial
- 6.5.2.1 Industrial By Type
- 6.5.3 Energy & Power
- 6.5.4 Others
Chapter 7 Hydraulic Cylinder Market: Region Estimates & Trend Analysis
- 7.1 Hydraulic Cylinder Market: Regional Outlook
- 7.1.1 North America Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.1.2 U.S.
- 7.1.2.1 U.S. Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.1.3 Canada
- 7.1.3.1 Canada Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.1.4 Mexico
- 7.1.4.1 Mexico Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2 Europe
- 7.2.1 Europe Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.2 Germany
- 7.2.2.1 Germany Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.3 UK
- 7.2.3.1 UK Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.4 Italy
- 7.2.4.1 Italy Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.5 France
- 7.2.5.1 France Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.6 Asia Pacific
- 7.2.7 Asia Pacific Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.8 China
- 7.2.8.1 China Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.9 India
- 7.2.9.1 India Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.10 Japan
- 7.2.10.1 Japan Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.11 Australia
- 7.2.11.1 Australia Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.2.12 South Korea
- 7.2.12.1 South Korea Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3 Central & South America
- 7.3.1 Brazil
- 7.3.1.1 Brazil Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.3.2 Argentina
- 7.3.2.1 Argentina Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4 Middle East & Africa
- 7.4.1 Saudi Arabia
- 7.4.1.1 Saudi Arabia Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 7.4.2 South Africa
- 7.4.2.1 South Africa Hydraulic Cylinder Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 8 Hydraulic Cylinder Market: Competitive Landscape
- 8.1 Recent Developments & Impact Analysis, By Key Market Participants
- 8.2 Vendor Landscape
- 8.3 Company Categorization
- 8.4 Competitive Dashboard Analysis
- 8.5 Participant's Overview
- 8.6 Product Benchmarking
- 8.7 Financial Performance
- 8.8 Company Market Positioning
- Eaton
- SMC Corporation
- Liebherr-International Deutschland GmbH
- Parker-Hannifin Corporation
- Caterpillar
- Bosch Rexroth AG
- Lehigh Fluid Power, Inc.
- Jiangsu Hengli Hydraulic Co., Ltd.
- WEBER-HYDRAULIK GMBH
- Burnside Autocyl
- Pacoma GmbH( Leggett & Platt, Inc.)
- Charvat Group s.r.o.
- SHC, Inc.
- Yates Industries, Inc.
- Texas Hydraulics, Inc.
- 8.9 Strategy Mapping
- 8.9.1 Product Launches
- 8.9.2 Mergers & Acquisition