A comprehensive report on Hydraulic Cylinder Market
The hydraulic cylinder market is projected to grow at a CAGR of 6.31% to reach US$20.097 billion by 2024, from US$13.921 billion in 2018. Hydraulic cylinders, also known as hydraulic pumps, are sub-assemblies used in hydraulic power transfer systems. Hydraulic cylinders help transfer power in applications ranging from construction
equipment to aviation.
These cylinders are an assembly of several components, namely the barrel; cylinder caps and head; piston, which can be double acting or single acting; piston rod; seals; and rings. These cylinders are connected within the hydraulic system to form a continuous hydraulic circuit.
The hydraulic cylinder market has been analyzed through the following segments are By Type, By Specification, By Bore Size, By Industry Vertical, And By Geography.