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Hydraulic Actuator Market

Hydraulic Actuator Market: Global Industry Trend Analysis 2012 to 2017 and Forecast 2017 - 2025

Hydraulic Actuator Market Segmented By product type that is linear actuator and rotary actuator used in oil and gas, construction, metals and mining, aviation, agricultural equipment.

Introduction

Hydraulic actuators are widely used in various industrial application in order to perform variety of industrial tasks. These are used where high speed and large forces are required for the fluid control applications. Hydraulic actuators are used in industrial fluid process control, employ hydraulic pressure to drive an output, construction, agriculture and mining equipment for excavators, loaders, trucks, tractors and others.

Increasing demand of hydraulic systems in mining, construction, and agricultural equipment are positively affecting the growth of global hydraulic market. In addition, increasing fluid automation in various industry verticals is one of the major driving factors for the use of hydraulic actuators

Hydraulic actuator is a device that helps in automatically closing or opening a valve, hydraulic actuator consists of a cylinder or fluid motor that uses hydraulic power to facilitate mechanical operation. The working media in hydraulic actuator is hydraulic oil.

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Hydraulic actuator market: Drivers and Challenges

The major growth drivers of the Hydraulic actuator market include rise in demand from manufacturing industry, utility sector, power generation and mining. Increasing construction and manufacturing and mining activities in various region is expected to drive the growth of global hydraulic actuator market. In addition, rising demand from the developing countries is projected to fuel the growth of hydraulic actuator over the forecast period.

Major challenges of hydraulic actuator market is excessive cost of installation and maintenance. In parallel, worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major factors which may hinder the growth of Hydraulic actuator market.

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Hydraulic actuator market: Segmentation

Product Type
  • linear actuator
  • rotary actuator
End-user
  • oil and gas
  • construction
  • metals and mining
  • aviation
  • agricultural equipment
  • others
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Competition Landscape

Key Contract

In July 2014, Flowserve Corporation, a U.S. based leading provider of flow control products and services for various industry vertical, announced to launch “Limitorque Hydraulic Scotch yoke (LHS) actuator”.

Key Players

Some of the major players in global hydraulic actuator market are Flowserve Corporation, Emerson Electric Co., Cameron International Corporation, Siemens AG, Rotork plc. Parker-Hannifin Corporation, Eaton Corporation, Pentair Plc., Bosch Rexroth Group, Wipro Infrastructure Engineering, and SMC Corporation. Other players in global Hydraulic actuator market are 2G Engineering, ATI, Curtiss-Wright, ITT, and Ace Micromatic.

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Regional Overview

Presently, North America and Asia Pacific (APEC) is holding the largest market share for Hydraulic actuator market due increasing demand from various industries. Moreover, Europe is fastest growing market for Hydraulic actuator market due to increase use in remote control operations and solutions.

Usage of low cost of hydraulic actuators is projected to push the global hydraulic actuator market. The Demand for Hydraulic actuator has risen dramatically over the past 12 months globally.

The report covers exhaustive analysis on:

  • Hydraulic actuator market Segments
  • Market Dynamics of Hydraulic actuator market
  • Historical Actual Market Size, 2012 - 2016
  • Market Size & Forecast 2017 to 2027
  • Value Chain of Hydraulic actuator market
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional analysis for Hydraulic actuator market includes development of these systems in the following regions:

  • North America
    • By US
    • By Canada
  • Latin America
    • By Brazil
    • By Mexico
    • By Others
  • Eastern Europe
    • Russia
    • Poland
    • Rest OF Eastern Europe
  • Western Europe
    • Germany
    • France
    • U.K.
    • Spain
    • Italy
    • NORDIC
    • Benelux
    • Rest of Western Europe
  • Asia Pacific
    • By Australia and New Zealand (ANZ)
    • By Greater China
    • By India
    • By ASEAN
    • By Rest of Asia Pacific
  • Japan
  • Middle East and Africa
    • By GCC Countries
    • By Other Middle East
    • By North Africa
    • By South Africa
    • By Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics of the industry
  • In-depth market segmentation of Hydraulic actuator market
  • Recent industry trends and developments in Hydraulic actuator market
  • Competitive landscape of Hydraulic actuator market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
  • Must-have information for market players to sustain and enhance their market footprint

- Companies Covered in This Report -

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