Canada Hydraulic Cylinder Market Size & Outlook, 2026-2033

The hydraulic cylinder market in Canada is expected to reach a projected revenue of US$ 874.7 million by 2033. A compound annual growth rate of 4.1% is expected of Canada hydraulic cylinder market from 2026 to 2033.
Revenue, 2025 (US$M)
$636.9
Forecast, 2033 (US$M)
$874.7
CAGR, 2026 - 2033
4.1%
Report Coverage
Canada

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Canada hydraulic cylinder market, 2021-2033 (US$M)

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Canada hydraulic cylinder market highlights

  • The Canada hydraulic cylinder market generated a revenue of USD 636.9 million in 2025 and is expected to reach USD 874.7 million by 2033.
  • The Canada market is expected to grow at a CAGR of 4.1% from 2026 to 2033.
  • In terms of segment, welded was the largest revenue generating product in 2025.
  • Mill Type is the most lucrative product segment registering the fastest growth during the forecast period.

Hydraulic cylinder market data book summary

Market revenue in 2025USD 636.9 million
Market revenue in 2033USD 874.7 million
Growth rate4.1% (CAGR from 2026 to 2033)
Largest segmentWelded
Fastest growing segmentMill Type
Historical data2021 - 2024
Base year2025
Forecast period2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationWelded, Tie Rod, Telescopic, Mill Type
Key market players worldwideEaton Vance Atlanta Capital SMID-Cap I, SMC Corp, Parker Hannifin Corp, Caterpillar Inc, Leggett & Platt Inc, Miller Industries Inc, Texas Instruments Inc, Bosch, Jiangsu Hengli Hydraulic, Liebherr Group, Lehigh Fluid Power, Weber Hydraulik, Yates Industries Inc.,

Other key industry trends

  • In terms of revenue, Canada accounted for 3.8% of the global hydraulic cylinder market in 2025.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2033.
  • In North America, U.S. hydraulic cylinder market is projected to lead the regional market in terms of revenue in 2033.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 4,657.6 million by 2033.

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Hydraulic Cylinder Market Companies

Name Profile # Employees HQ Website
Yates Industries Inc., View profile 101-250 Saint Clair Shores, Michigan, United States, North America http://yatesind.com
Weber Hydraulik View profile 1001-5000 Güglingen, Baden-Wurttemberg, Germany, Europe https://www.weber-hydraulik.com/
Lehigh Fluid Power View profile 51-100 Lambertville, New Jersey, United States, North America https://lehighfluidpower.com
Liebherr Group View profile 10001+ Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe http://www.liebherr.com
Jiangsu Hengli Hydraulic View profile 1001-5000 Liyang, Jiangsu, China, Asia http://www.henglihydraulic.com
Bosch View profile 10001+ Stuttgart, Baden-Wurttemberg, Germany, Europe http://www.bosch.com
Miller Industries Inc View profile 1591 8503 Hilltop Drive, Ooltewah, TN, United States, 37363 https://www.millerind.com
Leggett & Platt Inc View profile 19300 No. 1 Leggett Road, Carthage, MO, United States, 64836 https://www.leggett.com
Parker Hannifin Corp View profile 62730 6035 Parkland Boulevard, Cleveland, OH, United States, 44124-4141 http://www.phstock.com
SMC Corp View profile 28720 4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, Japan, 101-0021 http://www.smcworld.com
Eaton Vance Atlanta Capital SMID-Cap I View profile - - -
Texas Instruments Inc View profile 34000 12500 TI Boulevard, Dallas, TX, United States, 75243 https://www.ti.com
Caterpillar Inc View profile 121173 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 https://www.caterpillar.com

Canada hydraulic cylinder market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hydraulic cylinder market will help companies and investors design strategic landscapes.


Welded was the largest segment with a revenue share of 50.78% in 2025. Horizon Databook has segmented the Canada hydraulic cylinder market based on welded, tie rod, telescopic, mill type covering the revenue growth of each sub-segment from 2021 to 2033.


The pandemic had a negative impact on Canada’s manufacturing operations, which affected the sales and production of hydraulic cylinders in the country in 2020. 

However, government efforts toward economic growth are anticipated to help the recovery of hydraulic cylinders’ demand, especially in industries such as infrastructure, transport, and energy.

For instance, Canada is looking to reduce its carbon emission and owing to this, it is investing in renewable energy.

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Target buyers of Canada hydraulic cylinder market databook

  • Our clientele includes a mix of hydraulic cylinder market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hydraulic cylinder market , including forecasts for subscribers. This country databook contains high-level insights into Canada hydraulic cylinder market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Canada Welded - Hydraulic Cylinder Market size, 2024 - 2033 (US$M)

Canada Hydraulic Cylinder Market Outlook Share, 2025 & 2033 (US$M)

Canada Welded - Hydraulic Cylinder Market size, 2024 - 2033 (US$M)

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