Hydraulic Cylinder Market Report 2025

The hydraulic cylinder market size has grown strongly in recent years. It will grow from $19.3 billion in 2024 to $20.34 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to industrial growth, automation trends, infrastructure development, mining and exploration activities, manufacturing sector dynamics, energy sector investments.

The hydraulic cylinder market size is expected to see strong growth in the next few years. It will grow to $25.6 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing automation, renewable energy expansion, urbanization and construction boom, focus on sustainability, mining industry resilience. Major trends in the forecast period include advanced material adoption, smart hydraulic systems, environmental sustainability, customization for diverse industries, energy-efficient solutions, integration of robotics and automation.

The significant rise in demand from the construction industry is anticipated to propel the growth of the hydraulic cylinder market. As construction projects become increasingly complex and there is a greater demand for infrastructure, the construction industry has been notably impacted by the advancement and application of hydraulic technologies. For example, the Ministry of Statistics and Programme Implementation, a branch of the Government of India focused on statistical coverage and quality, reported that the construction industry is expected to experience double-digit growth in FY22, recovering from an 8.6% decline the previous year, driven by the base effect and a projected 9.2% expansion of the economy. Thus, the substantial increase in demand from the construction sector is likely to boost the hydraulic cylinder market's growth.

The growth of the renewable energy sector is expected to significantly enhance the hydraulic cylinder market in the upcoming years. The renewable energy sector encompasses the industry that develops, produces, and utilizes energy derived from naturally replenishing sources. Hydraulic cylinders are vital in various renewable energy technologies, ensuring their efficient and reliable operation by regulating water flow to turbines and adjusting turbine blade angles (pitch) according to wind speed and direction. For instance, in August 2023, the Energy Information Administration, a key US government statistical agency responsible for gathering, analyzing, and disseminating energy data, reported that renewable energy generation and consumption reached record levels in 2022, representing nearly 13% (13.4 quads) of total energy production and 13% (13.18 quads) of total energy consumption. Consequently, the expansion of the renewable energy sector is driving the hydraulic cylinder market.

Product innovation is a significant trend gaining traction in the hydraulic cylinder market. Numerous companies within this market are actively seeking new, innovative products to enhance their competitive position. For example, in September 2024, Idroteck, an Italy-based manufacturer of hydraulic components, introduced a new database of BIM models for its hydraulic compact cylinders, powered by CADENAS. This launch is designed to improve the design process for engineers and designers by providing easy access to precise 3D models of Idroteck's products. The database features a user-friendly interface that enables users to search for and download models in various formats compatible with different CAD software. By incorporating these models into their designs, users can streamline their workflows and enhance project efficiency, showcasing Idroteck's commitment to supporting the engineering community and fostering innovation.

Premier companies in the hydraulic cylinder market are focusing on facility expansions to better meet the needs of existing consumers. Facility expansion broadly refers to increasing the capacity or capabilities of an existing facility. Liebherr-Components Biberach GmbH, a Germany-based equipment manufacturing company, announced the construction of a new facility in Germany in December 2022. This expansion unifies the entire hydraulic cylinder manufacturing process into one location, enhancing economic effectiveness.

In May 2023, Miller Industries, Inc., a US-based manufacturer of vehicle towing and recovery equipment, acquired Southern Hydraulic Cylinder, Inc. for $17.5 million. This acquisition allows Miller Industries, Inc. to enhance its product offerings and strengthen its market position by integrating Southern Hydraulic Cylinder, Inc.'s expertise in hydraulic systems and components, thereby expanding its capabilities within the vehicle towing and recovery equipment sector. Southern Hydraulic Cylinder, Inc. is a US-based company that provides industrial equipment, including hydraulic cylinders.

Major companies operating in the hydraulic cylinder market include Caterpillar Inc., Linde plc, Eaton Corporation, Parker-Hannifin Corporation, Liebherr Group, Kawasaki Heavy Industries Ltd., Wipro Infrastructure Engineering (WIN), Bosch Rexroth, SMC Corporation, HYDAC International GmbH, The Jiangsu Hengli Hydraulic Co. Ltd., Taiyo Ltd., Enerpac Tool Group, Sun Hydraulics LLC, Texas Hydraulics Inc., Prince Manufacturing Corporation, Ligon Industries LLC, Zenith Hydromatic, LEO engineers, Spareage Hydro, Kangaroo Hydraulics Private Limited, Swapnapoorti Hydraulics, KYB Americas Corporation.

Asia-Pacific was the largest region in the hydraulic cylinder market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic cylinder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hydraulic cylinder market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Hydraulic cylinders are actuation devices that utilize pressurized hydraulic fluid to generate linear motion and force. They function as mechanical actuators that provide a unidirectional force via a unidirectional stroke.

The primary types of hydraulic cylinders are single-acting hydraulic cylinders and double-acting hydraulic cylinders. Single-acting cylinders extend through pump pressure and retract through load weight or built-in springs. Specifications include telescopic, tie rod, mill type, and welded cylinders, with bore sizes categorized as less than 50 mm, 50 to 150 mm, and greater than 150 mm, applied across industrial equipment and mobile equipment. End-use industries span construction, aerospace and defense, material handling, agriculture, automotive, mining, oil and gas, marine, and others.

The hydraulic cylinder market research report is one of a series of new reports that provides hydraulic cylinder market statistics, including hydraulic cylinder industry global market size, regional shares, competitors with a hydraulic cylinder market share, detailed hydraulic cylinder market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic cylinder industry. This hydraulic cylinder market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The hydraulic cylinders market consists of sales of tie-rod cylinders, welded rod cylinders, telescopic cylinders. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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