Hydraulic actuators, used in the industrial fluid process control, employ hydraulic pressure to drive an output member. These are used where high speed and large forces are required for the fluid control applications.
The presence of low cost of hydraulic actuators when compared to electrical actuators is estimated to be one of the major factors that have a positive impact on the growth of the market. The reduction in costs has led to a high adoption of hydraulic actuators among end-user industries. The growth in fluid automation is one of the major factors driving the usage of hydraulic actuators. These actuators are mainly used for switching on or off or modulating the control of any gate valve or increasing the stem ball valve that is utilizing a hydraulic actuator supply. These functions performed by low-cost hydraulic actuators with robust structure will fuel the growth of the market.
The Hydraulic Actuators market was valued at 1830 Million US$ in 2018 and is projected to reach 2390 Million US$ by 2025, at a CAGR of 3.4% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Hydraulic Actuators.
This report presents the worldwide Hydraulic Actuators market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Emerson
Flowserve
PARKER HANNIFIN
Schamberger
Siemens
Hydraulic Actuators Breakdown Data by Type
Linear Hydraulic Actuators
Rotary Hydraulic Actuators
Hydraulic Actuators Breakdown Data by Application
Oil and Gas Industry
Metals and Mining Industry
Power Generation Industry
Chemical and Petrochemical Industry
Hydraulic Actuators Production by Region
United States
Europe
China
Japan
Other Regions
Hydraulic Actuators Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Hydraulic Actuators status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Hydraulic Actuators manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Hydraulic Actuators :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hydraulic Actuators market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Hydraulic Actuators. Industry analysis & Market Report on Hydraulic Actuators is a syndicated market report, published as Global Hydraulic Actuators Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Hydraulic Actuators market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.