Industrial Equipment. The “Mobile Equipment” segment led the hydraulic actuator market in 2017 and will
continue to lead in the forecast period. The key factor that could be attributed to the growth of market includes
increasing need for the use of hydraulic power at hard-to-reach and remote places.
The market could be explored based on Bore size as 50–150 mm, >150 mm and <50 mm. The “50 and 150 mm”
segment led the hydraulic actuator market in 2017 and will continue to lead in the forecast period. The key
factors that could be attributed to the growth of market include rapidly developing storage and material
handling infrastructure, increasing construction activities, and modernization of agriculture equipment. The
market could be explored by industry as Aerospace & Defense, Construction, Agriculture, Material Handling,
Automotive, Mining, Oil & Gas, Marine, and Others. The “Construction” segment led the market in 2016 and
will continue to lead in the forecast period.
APAC accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The
factors that could be attributed to the growth include increased usage in remote control solutions and
operations, increase in the acceptance of hydraulic actuators, usage of low-cost hydraulic actuators, and
increasing demand from various end user industries.
Some of the key players that fuel the growth of the hydraulic actuator market comprise Emerson Electric Co.,
Flowserve Corporation, Cameron International Corporation, Rotork plc. Parker-Hannifin Corporation, Siemens
AG, Eaton Corporation, Bosch Rexroth Group, Pentair Plc., SMC Corporation, Wipro Infrastructure Engineering,
ATI, 2G Engineering, ITT, Curtiss-Wright, and Ace Micromatic. The leading companies are taking up partnerships,
mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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