Dublin, Jan. 14, 2021 (GLOBE NEWSWIRE) -- The "Fluid Power Cylinder - Global Market Outlook (2019-2027)" report has been added to ResearchAndMarkets.com's offering.
Global Fluid Power Cylinder Market is growing at a CAGR of 6.5% during the forecast period
Increasing demand for material handling equipment is the major factor propelling market growth. However, high cost of maintenance of the cylinders over the entire lifespan is hampering market growth.
Fluid power is the employ of fluids under pressure to generate, control, and transmit power. A fluid cylinder produces a force resulting in linear motion, whereas a fluid motor produces torque resulting in rotary motion.
Based on the end user, the hydraulic cylinder segment is estimated to have lucrative growth due to the integration of machinery with hydraulic cylinders stimulates growth in functionality, accuracy and offers enhancements in controlled performance and ease-of-use. The development of smart cylinders has lowered the threat posed by evolving alternative technologies. These cover the application of electric actuators and have also expanded the scope of hydraulic cylinder applications.
By geography, North America is going to have lucrative growth during the forecast period due to the accession in production and sales of commercial vehicles and off-highway trucks, combined with the increased production of the railways such as high-speed train's production. The region has been witnessing a significant growth in the construction activities, which is increasing the demand for heavy-duty trucks and machinery, thereby aiding market growth.
Some of the key players profiled in the Fluid Power Cylinder Market include Precision Hydraulic Cylinders Inc., Pacoma GmbH, Jiangsu Hengli Hydraulic Co Ltd., Festo SE & Co. KG, SMC Corporation, Danfoss A/S, Bosch Rexroth Corporation, Parker Hannifin Corp, Eaton Corporation PLC, and HYDAC Verwaltung GmbH.
What the report offers:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers Market data for the years 2018, 2019 2020, 2024, and 2027
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.5 Research Sources
3 Market Trend Analysis
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Fluid Power Cylinder Market, By End User
5.2 Pneumatic Cylinder
5.2.2 Food Processing & Packaging
5.2.3 Life Sciences
5.2.4 Material Handling & Assembly
5.2.5 Oil & Gas, Chemicals and Plastics
5.2.6 Semiconductor & Electronics
5.3 Hydraulic Cylinder
5.3.3 Machine Tools
5.3.4 Aerospace & Defense
6 Global Fluid Power Cylinder Market, By Geography
6.2 North America
6.3.6 Rest of Europe
6.4 Asia Pacific
6.4.5 New Zealand
6.4.6 South Korea
6.4.7 Rest of Asia Pacific
6.5 South America
6.5.4 Rest of South America
6.6 Middle East & Africa
6.6.1 Saudi Arabia
6.6.4 South Africa
6.6.5 Rest of Middle East & Africa
7 Key Developments
7.1 Agreements, Partnerships, Collaborations and Joint Ventures
7.2 Acquisitions & Mergers
7.3 New Product Launch
7.5 Other Key Strategies
8 Company Profiling
8.1 Precision Hydraulic Cylinders Inc.
8.2 Pacoma GmbH
8.3 Jiangsu Hengli Hydraulic Co Ltd.
8.4 Festo SE & Co. KG
8.5 SMC Corporation
8.6 Danfoss A/S
8.7 Bosch Rexroth Corporation
8.8 Parker Hannifin Corp
8.9 Eaton Corporation PLC
8.10 HYDAC Verwaltung GmbH
For more information about this report visit https://www.researchandmarkets.com/r/7qvwfy
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