Single Acting Hydraulic Cylinder Market Research Report - Information By Function (Single-acting and Double-acting), By Specification (Welded, Tie Rod, Telescopic and Mill Type), By Application (Industrial and Mobile), By Bore Size (<50 MM, 50-150 MM and >150 MM), By Industry (Construction, Aerospace, Material Handling, Agriculture, Mining, Automotive, Marine, Oil & Gas and Others) and By Region (North America, Europe, Asia-Pacific and Rest Of The World) –Market Forecast Till 2032

Global Single Acting Hydraulic Cylinder Market Overview:

Single Acting Hydraulic Cylinder Market Size was valued at USD 10.5 Billion in 2022. The Single Acting Hydraulic Cylinder market industry is projected to grow from USD 11.03 Billion in 2023 to USD 16.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.00% during the forecast period (2024 - 2032). The demand for agricultural equipment is rising along with the investment in infrastructure in emerging markets, which are the key market drivers boosting the expansion of the market.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Single Acting Hydraulic Cylinder Market Trends

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  Growth of the building and industrial sectors is driving the market growth

  
  

Market CAGR for Single Acting Hydraulic Cylinder is being driven by the growth of the building and industrial sectors. A mechanical tool used to transform hydraulic energy into force and linear motion is a hydraulic cylinder. It has a piston, a cylindrical barrel and hydraulic fluid. A force is created along the cylinder's axis when pressurized fluid is injected into the cylinder and pushes the piston. To endure high loads and pressures, the cylinder is usually constructed from sturdy materials like steel or aluminum.

Additionally, an important driving force behind the worldwide hydraulic cylinder market is the ongoing growth of the construction and industrial sectors. There is an increasing need for heavy gear and equipment with hydraulic cylinders as industries and infrastructure projects grow. These cylinders are essential to the smooth and effective operation of many different machines, increasing output and lowering operational complexity. Excavators, loaders and tractors are just a few examples of heavy machinery that depends on hydraulic cylinders in the manufacturing, mining and agricultural sectors. Hydraulic cylinders are essential parts of construction equipment used in the industry, such as cranes, bulldozers and forklifts, allowing for accurate motions and dependable operation.

The necessity for machinery that can manage large loads, carry out complex operations and adjust to various operational requirements is thought to be the cause of this growing demand, which is propelling the market for hydraulic cylinders. Hydraulic cylinder demand has greatly increased by the increasing industry use of automation and improved manufacturing techniques. Automation seeks to improve accuracy, expedite workflows and boost productivity; therefore, hydraulic systems must be integrated into robotic and automated gear. In the automotive, electronics and pharmaceutical industries, for example, hydraulic cylinders facilitate complex jobs by providing precise control and smooth motion in robotic arms and assembly lines.

For instance, the bipartisan infrastructure package worth over $1 trillion was signed by the US government in November 2021, which contributed to the expansion of the hydraulic cylinder market. Thus, result in driving the Single Acting Hydraulic Cylinder market revenue.

Single Acting Hydraulic Cylinder Market Segment Insights:

Single Acting Hydraulic Cylinder Function Insights

The  Single Acting Hydraulic Cylinder market segmentation, based on Function, includes Single-acting and Double-acting. In 2023, the double-acting segment dominated the market. Industrial furnaces, ship motors, steam engines, earthmoving machinery and other large-scale engines all use double-acting hydraulic cylinders. The increase in product demand within the aforementioned applications will grow the demand for this sector.

Figure 1:  Single Acting Hydraulic Cylinder Market, by Function, 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Single Acting Hydraulic Cylinder Specification Insights

The  Single Acting Hydraulic Cylinder market segmentation, based on Specification, includes Welded, Tie Rod, Telescopic and Mill Type. In 2023, the welded category generated the most income. Applications for welded hydraulic cylinders can be found in many different industries, including heavy machinery, mining, waste and material management, oil and gas and construction. It is anticipated that the increased use of welded hydraulic cylinders in these sectors will support the segment's growth.

Single Acting Hydraulic Cylinder Application Insights

The  Single Acting Hydraulic Cylinder market segmentation, based on Application, includes Industrial and Mobile. In 2023, the mobile segment dominated the market. Mobile cranes, telescopic loaders, loaders, excavators and other equipment frequently use hydraulic cylinders. Demand for hydraulic cylinders in mobile applications is being driven by rising government and private sector investment in the above-stated sectors.

Single Acting Hydraulic Cylinder Bore Size Insights

The  Single Acting Hydraulic Cylinder market segmentation, based on Bore Size, includes <50 MM, 50-150 MM and >150 MM. In 2023, the 50-150 MM category generated the most income. This size range of hydraulic cylinders has the best power-to-size ratios, which means that they can be used for light- and medium-duty applications like material handling, construction machinery and agricultural machinery. Consequently, companies are moving more and more toward small and space-saving machinery.

Single Acting Hydraulic Cylinder Industry Insights

The  Single Acting Hydraulic Cylinder market segmentation, based on Industry, includes Construction, Aerospace, Material Handling, Agriculture, Mining, Automotive, Marine, Oil & Gas and Others. In 2023, the construction segment dominated the market because it necessitated heavy-duty equipment that could efficiently move, lift, and lower materials. The mechanical force required for these fundamental tasks is supplied by hydraulic cylinders, which is why they are so important in construction applications such as earthmoving, excavation, crane operation and material handling.

Single Acting Hydraulic Cylinder Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North American Single Acting Hydraulic Cylinder market area will dominate this market. North American nations are concentrating their efforts on building up their infrastructure and investing in the oil and gas, transportation, aviation, logistics, and shipping sectors. Over the course of the projection period, it is expected that the expansion of these industries would increase North America's need for hydraulic cylinders.

Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea and Brazil.

Figure 2:  Single Acting Hydraulic Cylinder Market Share By Region 2023 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Single Acting Hydraulic Cylinder market has the second-largest portion of the market. It is anticipated that Europe's building renovation and decarbonization will result in a rise in the use of hydraulic-based machinery. Further, the German Single Acting Hydraulic Cylinder market had the biggest market share and the UK Single Acting Hydraulic Cylinder market was the European market with the quickest rate of growth.

The Asia-Pacific Single Acting Hydraulic Cylinder Market is anticipated to expand between 2024 and 2032 at the quickest CAGR. This is due to the growing need for hydraulic equipment across a range of industries, including building and infrastructure. Moreover, China’s Single Acting Hydraulic Cylinder market had the strongest market share and the Indian Single Acting Hydraulic Cylinder market was the Asia-Pacific region's fastest-growing market.

Single Acting Hydraulic Cylinder Key Market Players & Competitive Insights

Leading market players are putting a lot of money on R&D to expand their product lines, which will drive the single-acting hydraulic cylinder market's growth. Additionally, market players are engaging in a range of calculated initiatives to increase their worldwide reach, with important market developments involving the introduction of new products, contracts, M&A transactions, increased investment and cooperation with other enterprises. To grow and endure in an increasingly cutthroat and dynamic market, Single Acting Hydraulic Cylinder industry must provide reasonably priced goods.

Manufacturing locally is one of the primary business techniques used by manufacturers to cut operational costs in the  Single Acting Hydraulic Cylinder industry to help customers and expand the market segment. In recent years, the Single Acting Hydraulic Cylinder industry has provided some of the biggest benefits to medicine. Major players in the Single Acting Hydraulic Cylinder market, including KYB Corporation (Japan), Bosch Rexroth (Germany), Eaton (Ireland), SMC Corporation (Japan), HYDAC (Germany), Wipro Enterprises (India), Jiangsu Hengli Hydraulic Co., Ltd. (China) and others, are engaging in research and development activities in an effort to boost market demand.

Eaton Corporation plc is a multinational power management corporation based in Ireland with a subsidiary administrative center located in Beachwood, Ohio and a  headquarters located in Dublin, Ireland. Eaton employs more than 85,000 people and ships its goods to more than 175 nations. Officers at Eaton decided that making acquisitions would be the fastest path to business growth, so they started purchasing automobile-related businesses. The diverse business rebranded itself as Eaton Manufacturing Company by 1932. In March 2021, Eaton paid $1.65 billion to complete the acquisition of Tripp Lite. Uday Yadav, President and COO of Eaton Electrical Sector, stated: " By acquiring Tripp Lite, we will increase the size of our edge computing and dispersed IT product portfolios and grow our single-phase UPS business."

Wipro Enterprises Private Limited, also known as Wipro Enterprises, is a privately held Indian company that primarily operates in the industries of fast-moving consumer goods, lighting, hydraulic cylinders, industrial automation, 3D printing, aerospace component manufacturing and industrial water treatment. Azim Premji, his partners and his charitable affiliations own nearly all of it. In 2020–21, the company's revenue was $1.44 billion USD. The non-IT division of Wipro Limited spun out the company in 2013. In September 2019, Wipro Consumer Care Ventures was established by Wipro Consumer Care and Lighting as a venture fund to support Indian and Southeast Asian entrepreneurs.

Key Companies in the Single Acting Hydraulic Cylinder market include

• KYB Corporation (Japan)


• Bosch Rexroth (Germany)


• Eaton (Ireland)


• SMC Corporation (Japan)


• HYDAC (Germany)


• Wipro Enterprises (India)


• Jiangsu Hengli Hydraulic Co., Ltd. (China)

Single Acting Hydraulic Cylinder Industry Developments

June 2021:The MGPK Series, an improved Compact Guide Cylinder product line from SMC Corporation, is compact and features weight and volume reductions of 41% and 28%, respectively, over the prior generations.

January 2021:Weber-Hydraulik unveiled a line of hydraulic cylinders that were created specifically to be used as support cylinders for mobile cranes.

Single Acting Hydraulic Cylinder Market Segmentation:

Single Acting Hydraulic Cylinder Function Outlook

• Single-acting


• Double-acting

Single Acting Hydraulic Cylinder Specification Outlook

• Welded


• Tie Rod


• Telescopic


• Mill Type

Single Acting Hydraulic Cylinder Application Outlook

• Industrial


• Mobile

Single Acting Hydraulic Cylinder Bore Size Outlook

• <50 MM


• 50-150 MM


• >150 MM

Single Acting Hydraulic Cylinder Industry Outlook

• Construction


• Aerospace


• Material Handling


• Agriculture


• Mining


• Automotive


• Marine


• Oil & Gas


• Others

Single Acting Hydraulic Cylinder Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America