MARKET OVERVIEW
A hydraulic actuator is a part that converts fluid energy into linear or rotary motion. It operates on the principle of fluid pressure and typically consists of a cylinder and a piston that move within the cylinder, as well as a valve that regulates fluid flow to the actuator. Hydraulic actuators are widely used in industrial and mobile applications due to their high power density and precise control capabilities. Hydraulic actuators offer high power density, precise control, durability, easy integration, cost-effectiveness, and versatility. The hydraulic actuators market is driven by increasing demand for hydraulic actuators in various end-use industries, as well as advancements in technology and design that result in improved performance and efficiency.
MARKET DYNAMICS
The hydraulic actuator produces a significantly higher force than the pneumatic or electric. Hence the systems are used in industrial applications to perform a variety of tasks that drives the growth of the hydraulic actuator market. Hydraulic actuators are used in automotive, construction, agricultural, and mining equipment such as excavators, loaders, trucks, tractors, and others; these are boosting the demand for the hydraulic actuator market. Technological advancements such as the development of electro-hydraulic technology also the integration of hydraulics with electronics has expanded the usage of hydraulic actuators. These factors are propelling the demand for the hydraulic actuators market. A growing industrial sector is raising the demand for the actuator that is expected to drive the growth of the hydraulic actuators market.
MARKET SCOPE
he "Global Hydraulic Actuators Market Analysis to 2028" is a specialized and in-depth study of the hydraulic actuators industry with a special focus on the global market trend analysis. The report aims to provide an overview of hydraulic actuators market with detailed market segmentation by type, end-user, and geography. The global hydraulic actuators market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading hydraulic actuators market players and offers key trends and opportunities in the hydraulic actuators market.
MARKET SEGMENTATION
The global hydraulic actuators market is segmented based on type and end-user. Based on type, the hydraulic actuators market is segmented as linear actuator, rotary actuator. Based on end-user, the hydraulic actuators market is segmented as automotive, oil and gas, construction, agriculture, aviation, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hydraulic actuators market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hydraulic actuators market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region
The report analyzes factors affecting hydraulic actuators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the hydraulic actuators market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hydraulic actuators market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The hydraulic actuators market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region
The report analyzes factors affecting hydraulic actuators market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the hydraulic actuators market in these regions.
MARKET PLAYERS
The reports cover key developments in the hydraulic actuators market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from hydraulic actuators are anticipated to lucrative growth opportunities in the future with the rising demand for hydraulic actuators in the global market. Below mentioned is the list of few companies engaged in the hydraulic actuators market.
The report also includes the profiles of key hydraulic actuators companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Bosch Rexroth S.A
- Cameron International Corporation
- Eaton Corporation
- Emerson Electric Co.
- Flowserve Corporation
- Parker Hannifin Corporation
- Pentair Plc.
- Rotork Plc.
- SMC Corporation
- Wipro Infrastructure Engineering
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Hydraulic Actuators Market - By Type
1.3.2 Hydraulic Actuators Market - By End-user
1.3.3 Hydraulic Actuators Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HYDRAULIC ACTUATORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. HYDRAULIC ACTUATORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. HYDRAULIC ACTUATORS MARKET - GLOBAL MARKET ANALYSIS
6.1. HYDRAULIC ACTUATORS - GLOBAL MARKET OVERVIEW
6.2. HYDRAULIC ACTUATORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HYDRAULIC ACTUATORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. LINEAR ACTUATOR
7.3.1. Overview
7.3.2. Linear Actuator Market Forecast and Analysis
7.4. ROTARY ACTUATOR
7.4.1. Overview
7.4.2. Rotary Actuator Market Forecast and Analysis
8. HYDRAULIC ACTUATORS MARKET - REVENUE AND FORECASTS TO 2028 - END-USER
8.1. OVERVIEW
8.2. END-USER MARKET FORECASTS AND ANALYSIS
8.3. AUTOMOTIVE
8.3.1. Overview
8.3.2. Automotive Market Forecast and Analysis
8.4. OIL AND GAS
8.4.1. Overview
8.4.2. Oil and Gas Market Forecast and Analysis
8.5. CONSTRUCTION
8.5.1. Overview
8.5.2. Construction Market Forecast and Analysis
8.6. AGRICULTURE
8.6.1. Overview
8.6.2. Agriculture Market Forecast and Analysis
8.7. AVIATION
8.7.1. Overview
8.7.2. Aviation Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. HYDRAULIC ACTUATORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Hydraulic Actuators Market Overview
9.1.2 North America Hydraulic Actuators Market Forecasts and Analysis
9.1.3 North America Hydraulic Actuators Market Forecasts and Analysis - By Type
9.1.4 North America Hydraulic Actuators Market Forecasts and Analysis - By End-user
9.1.5 North America Hydraulic Actuators Market Forecasts and Analysis - By Countries
9.1.5.1 United States Hydraulic Actuators Market
9.1.5.1.1 United States Hydraulic Actuators Market by Type
9.1.5.1.2 United States Hydraulic Actuators Market by End-user
9.1.5.2 Canada Hydraulic Actuators Market
9.1.5.2.1 Canada Hydraulic Actuators Market by Type
9.1.5.2.2 Canada Hydraulic Actuators Market by End-user
9.1.5.3 Mexico Hydraulic Actuators Market
9.1.5.3.1 Mexico Hydraulic Actuators Market by Type
9.1.5.3.2 Mexico Hydraulic Actuators Market by End-user
9.2. EUROPE
9.2.1 Europe Hydraulic Actuators Market Overview
9.2.2 Europe Hydraulic Actuators Market Forecasts and Analysis
9.2.3 Europe Hydraulic Actuators Market Forecasts and Analysis - By Type
9.2.4 Europe Hydraulic Actuators Market Forecasts and Analysis - By End-user
9.2.5 Europe Hydraulic Actuators Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Hydraulic Actuators Market
9.2.5.1.1 Germany Hydraulic Actuators Market by Type
9.2.5.1.2 Germany Hydraulic Actuators Market by End-user
9.2.5.2 France Hydraulic Actuators Market
9.2.5.2.1 France Hydraulic Actuators Market by Type
9.2.5.2.2 France Hydraulic Actuators Market by End-user
9.2.5.3 Italy Hydraulic Actuators Market
9.2.5.3.1 Italy Hydraulic Actuators Market by Type
9.2.5.3.2 Italy Hydraulic Actuators Market by End-user
9.2.5.4 United Kingdom Hydraulic Actuators Market
9.2.5.4.1 United Kingdom Hydraulic Actuators Market by Type
9.2.5.4.2 United Kingdom Hydraulic Actuators Market by End-user
9.2.5.5 Russia Hydraulic Actuators Market
9.2.5.5.1 Russia Hydraulic Actuators Market by Type
9.2.5.5.2 Russia Hydraulic Actuators Market by End-user
9.2.5.6 Rest of Europe Hydraulic Actuators Market
9.2.5.6.1 Rest of Europe Hydraulic Actuators Market by Type
9.2.5.6.2 Rest of Europe Hydraulic Actuators Market by End-user
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Hydraulic Actuators Market Overview
9.3.2 Asia-Pacific Hydraulic Actuators Market Forecasts and Analysis
9.3.3 Asia-Pacific Hydraulic Actuators Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Hydraulic Actuators Market Forecasts and Analysis - By End-user
9.3.5 Asia-Pacific Hydraulic Actuators Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Hydraulic Actuators Market
9.3.5.1.1 Australia Hydraulic Actuators Market by Type
9.3.5.1.2 Australia Hydraulic Actuators Market by End-user
9.3.5.2 China Hydraulic Actuators Market
9.3.5.2.1 China Hydraulic Actuators Market by Type
9.3.5.2.2 China Hydraulic Actuators Market by End-user
9.3.5.3 India Hydraulic Actuators Market
9.3.5.3.1 India Hydraulic Actuators Market by Type
9.3.5.3.2 India Hydraulic Actuators Market by End-user
9.3.5.4 Japan Hydraulic Actuators Market
9.3.5.4.1 Japan Hydraulic Actuators Market by Type
9.3.5.4.2 Japan Hydraulic Actuators Market by End-user
9.3.5.5 South Korea Hydraulic Actuators Market
9.3.5.5.1 South Korea Hydraulic Actuators Market by Type
9.3.5.5.2 South Korea Hydraulic Actuators Market by End-user
9.3.5.6 Rest of Asia-Pacific Hydraulic Actuators Market
9.3.5.6.1 Rest of Asia-Pacific Hydraulic Actuators Market by Type
9.3.5.6.2 Rest of Asia-Pacific Hydraulic Actuators Market by End-user
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Hydraulic Actuators Market Overview
9.4.2 Middle East and Africa Hydraulic Actuators Market Forecasts and Analysis
9.4.3 Middle East and Africa Hydraulic Actuators Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Hydraulic Actuators Market Forecasts and Analysis - By End-user
9.4.5 Middle East and Africa Hydraulic Actuators Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Hydraulic Actuators Market
9.4.5.1.1 South Africa Hydraulic Actuators Market by Type
9.4.5.1.2 South Africa Hydraulic Actuators Market by End-user
9.4.5.2 Saudi Arabia Hydraulic Actuators Market
9.4.5.2.1 Saudi Arabia Hydraulic Actuators Market by Type
9.4.5.2.2 Saudi Arabia Hydraulic Actuators Market by End-user
9.4.5.3 U.A.E Hydraulic Actuators Market
9.4.5.3.1 U.A.E Hydraulic Actuators Market by Type
9.4.5.3.2 U.A.E Hydraulic Actuators Market by End-user
9.4.5.4 Rest of Middle East and Africa Hydraulic Actuators Market
9.4.5.4.1 Rest of Middle East and Africa Hydraulic Actuators Market by Type
9.4.5.4.2 Rest of Middle East and Africa Hydraulic Actuators Market by End-user
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Hydraulic Actuators Market Overview
9.5.2 South and Central America Hydraulic Actuators Market Forecasts and Analysis
9.5.3 South and Central America Hydraulic Actuators Market Forecasts and Analysis - By Type
9.5.4 South and Central America Hydraulic Actuators Market Forecasts and Analysis - By End-user
9.5.5 South and Central America Hydraulic Actuators Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Hydraulic Actuators Market
9.5.5.1.1 Brazil Hydraulic Actuators Market by Type
9.5.5.1.2 Brazil Hydraulic Actuators Market by End-user
9.5.5.2 Argentina Hydraulic Actuators Market
9.5.5.2.1 Argentina Hydraulic Actuators Market by Type
9.5.5.2.2 Argentina Hydraulic Actuators Market by End-user
9.5.5.3 Rest of South and Central America Hydraulic Actuators Market
9.5.5.3.1 Rest of South and Central America Hydraulic Actuators Market by Type
9.5.5.3.2 Rest of South and Central America Hydraulic Actuators Market by End-user
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HYDRAULIC ACTUATORS MARKET, KEY COMPANY PROFILES
11.1. BOSCH REXROTH S.A
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CAMERON INTERNATIONAL CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. EATON CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EMERSON ELECTRIC CO.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FLOWSERVE CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. PARKER HANNIFIN CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PENTAIR PLC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. ROTORK PLC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SMC CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WIPRO INFRASTRUCTURE ENGINEERING
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- Bosch Rexroth S.A
- Cameron International Corporation
- Eaton Corporation
- Emerson Electric Co.
- Flowserve Corporation
- Parker Hannifin Corporation
- Pentair Plc.
- Rotork Plc.
- SMC Corporation
- Wipro Infrastructure Engineering
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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