Market revenue in 2021 | USD 3,519.0 million |
Market revenue in 2030 | USD 5,385.3 million |
Growth rate | 4.8% (CAGR from 2021 to 2030) |
Largest segment | Welded |
Fastest growing segment | Telescopic |
Historical data | 2018 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Welded, Tie Rod, Telescopic, Mill Type |
Key market players worldwide | Eaton 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., |
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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 50.5% in 2021. Horizon Databook has segmented the U.S. hydraulic cylinder market based on welded, tie rod, telescopic, mill type covering the revenue growth of each sub-segment from 2018 to 2030.
U.S. is one of the major markets for hydraulic cylinders in the world, considering the presence of numerous machinery and equipment manufacturers in the country.
The U.S. government is trying to propel the country's growth by investing significantly in various industries such as construction & infrastructure, energy, transportation, pharmaceutical & medicine, and EV infrastructure.
For instance, in November 2021, the U.S government signed a more than USD 1 trillion bipartisan infrastructure plan.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. hydraulic cylinder market , including forecasts for subscribers. This country databook contains high-level insights into U.S. hydraulic cylinder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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