Industry Research Hydraulic Components Market Forecast to 2023 | Page 2

Description:
A hydraulic cylinder is a mechanical actuator that produces linear motion and unidirectional
force by using pressurized hydraulic fluid. It converts the energy stored in the hydraulic fluid
into a force, allowing the linear motion of the cylinder.
The worldwide market for Hydraulic Components is expected to grow at a CAGR of roughly
4.1% over the next five years, will reach 7400 million US$ in 2023, from 5810 million US$ in
2017, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers:
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Eaton
Weber-Hydraulik
Bosch Rexroth
Hydratech Industries
Pacoma
Cromsteel(ASO)
Nurmi Hydraulics
Parker
Ligon Industries
…Continued
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components-market-by-manufacturers-regions-type-and-application-forecast-to-2023
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Market Segment by Regions, regional analysis covers:
North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and
Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil,
Argentina, Colombia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South
Africa).
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Market Segment by Type, covers:
Cylinder Barrel, Piston, Piston Rod, Others.
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Market Segment by Applications, can be divided into:
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