Global Hydraulic Actuators Market: Industry Size, Share, Growth, Forecasts

Latest industry research report on: Global Hydraulic Actuators Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts

Hydraulic actuators, used in the industrial fluid process control, employ hydraulic pressure to drive an output member. These are used where high speed and large forces are required for the fluid control applications. The global hydraulic actuators market had a slow growth rate from the previous five years, and it will face a recovery in its growth rate from 2018-19. The integration of fluid power with electronic devices is acting as an emerging trend in this market. The fluctuating oil prices result in a major hit on the adoption of the latest hydraulic actuators, followed by the European Union regulations for a changeover to renewable energy production.

Technavios analysts forecast the global hydraulic actuators market to grow at a CAGR of 3.47% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global hydraulic actuators market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas

  • APAC

  • EMEA

Technavio’s report, Global Hydraulic Actuators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Emerson

  • Flowserve

  • PARKER HANNIFIN

  • Schamberger

  • Siemens

Other prominent vendors

  • 2G Engineering

  • ATI

  • Curtiss-Wright

  • ITT

  • Ace Micromatic

  • Moog

  • Paladon Systems

  • REXA

  • Rotork

  • SMC

  • The Kerry Company

  • Worldwide Materials Sourcing

Market driver

Low cost of hydraulic actuators when compared with electrical actuators

For a full, detailed list, view our report

Market challenge

Excessive cost of installation and maintenance

For a full, detailed list, view our report

Market trend

Remote control operations and solutions

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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