Hydraulic Actuator Market Size To Increase USD 426.6 Million | With top suppliers including Curtiss-Wright Corp., Eaton Corp. Plc and Emerson Electric Co.

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Key Points From Hydraulic Actuators Market Research

  • The market size for hydraulic actuators will increase by $ 426.60 million at nearly 4% CAGR between 2020 and 2025
  • Annual growth of 4.20% expected in 2021
  • 42% market growth will come from APAC over the forecast period
  • Oil and gas industry segment accounted for maximum market growth in 2020
  • Dominant suppliers include Curtiss-Wright Corp., Eaton Corp. Plc, Emerson Electric Co. and others

Hydraulic actuator market: growth drivers and constraints
The hydraulic actuator market is driven by the size advantages of hydraulic actuators. Hydraulic cylinders and actuators withstand higher pressures and are much smaller than pneumatic systems. They are also more precise than pneumatic tires, making them ideal for use in applications requiring a high degree of precision. In addition, the weight and space advantages and higher operating pressure of hydraulic cylinders and actuators increase their use in offshore installations and upstream applications. Many such advantages are fueling the growth of the global hydraulic actuator market.

“While increasing replacement business and advancements in actuator systems will further drive market growth, high installation and maintenance costs could reduce growth opportunities for market players,” says analyst by Technavio.

The Hydraulic Actuators Market report answers questions such as:

  • Is the market structure fragmented or concentrated?
  • What was the market size in 2020 and the hydraulic actuator market forecast to 2025?
  • What are the best segment sectors to invest in during the forecast period?
  • What is the market share of the dominant and powerful vendors in the Hydraulic Actuator market?
  • What are the latest trends and regulatory frameworks in the hydraulic actuator market?

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Associated reports:

Global Hydraulic Cylinder Market – The global hydraulic cylinder market is segmented by end user (CMMH, agriculture, aerospace and defense, and industrial equipment) and by geography (APAC, North America, Europe, MEA and South America).
Download an exclusive free sample report

Global Hydraulic Equipment Market – The global hydraulic equipment market is segmented by component (pump and motor, valve, cylinder, accumulator and filter, etc.), application (mobile and industrial) and geography (APAC, North America, Europe, MEA and South America).
Download an exclusive free sample report

Scope of the hydraulic actuator market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of almost 4%

Market growth 2021-2025

$ 426.60 million

Market structure

Fragmented

Annual growth (%)

4.20

Regional analysis

APAC, Europe, North America, MEA and South America

Efficient contribution to the market

42% APAC

Main consumer countries

United States, China, Germany, Japan and United Kingdom

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Curtiss-Wright Corp., Eaton Corp. Plc, Emerson Electric Co., Flowserve Corp., ITT Controls BV, KYB Corp., Moog Inc., Parker Hannifin Corp., Robert Bosch GmbH and Schlumberger Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Market Scope Table:

Contents:

Abstract

Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing … Check out our hydraulic actuator market overview to unlock the table of contents

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

Contact:
Technavio research
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E-mail: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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