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Tuesday, 2 January 2018

Single-acting Hydraulic Cylinders Market- Emerging Trends, Share, Analysis and Forecasts to 2021

Global single-acting hydraulic cylinder market is segmented on the basis of specification, design, application and geography. A hydraulic cylinder is termed as a linear hydraulic motor. It is a mechanical actuator that provides a unidirectional force by a unidirectional stroke. It has several applications, basically in construction equipment, manufacturing machinery and civil engineering equipment. Demand for hydraulic cylinders is mainly driven by rising demand for hydraulic cylinder based equipment used in industries such as manufacturing, construction, mining, agriculture, aerospace and defense. Moreover, rise in demand from the OEMs owing to rising level of industrial production and growth in global trade contributes to the market growth.


Market developed witnessed a steady phase and it is majorly driven by the developing economies. Asia countries such as China and India witnessed a stable market growth post global economic recession. This has lined the way for the appearance of numerous low-cost and small-scale construction and manufacturing companies. Many companies in the Americas and the Middle East & Africa region are continuously outsourcing their manufacturing needs to several countries to achieve low labor costs for example, India and China.


Moreover, multiple global organizations are establishing their manufacturing base in developing countries to benefit from the low-cost manufacturing capability and the availability of substantially skilled labor. Such an emphasis helps companies to develop their market presence. Hence, the market is experiencing a rise in the investments from both domestic and international vendor. European and North American markets have reached the saturation stage.  On the basis of specification, the single-acting hydraulic cylinder market is segmented into telescopic cylinders, hydraulic jacks, mill type hydraulic cylinder, and so on.On the basis of design, the single-acting hydraulic cylinder market is segmented into welded cylinders, tie rod cylinders and so on.


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