Global Hydraulic Actuators Sales Market Report 2020
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 presence of low cost of hydraulic actuators when compared to electrical actuators is estimated to be one of the major factors that have a positive impact on the growth of the market. The reduction in costs has led to a high adoption of hydraulic actuators among end-user industries. The growth in fluid automation is one of the major factors driving the usage of hydraulic actuators. These actuators are mainly used for switching on or off or modulating the control of any gate valve or increasing the stem ball valve that is utilizing a hydraulic actuator supply. These functions performed by low-cost hydraulic actuators with robust structure will fuel the growth of the market.
Market Analysis and Insights: Global Hydraulic Actuators Market
The global Hydraulic Actuators market size is projected to reach US$ 2017.4 million by 2026, from US$ 1701.4 million in 2020, at a CAGR of 2.9% during 2021-2026.
Global Hydraulic Actuators Scope and Market Size
The global Hydraulic Actuators market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Hydraulic Actuators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Hydraulic Actuators market is segmented into
Linear Hydraulic Actuators
Rotary Hydraulic Actuators
Segment by Application, the Hydraulic Actuators market is segmented into
Oil and Gas Industry
Metals and Mining Industry
Power Generation Industry
Chemical and Petrochemical Industry
The Hydraulic Actuators market is analysed and market size information is provided by regions (countries). Segment by Application, the Hydraulic Actuators market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Hydraulic Actuators market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Hydraulic Actuators business, the date to enter into the Hydraulic Actuators market, Hydraulic Actuators product introduction, recent developments, etc.
The major vendors covered:
Emerson
Flowserve
PARKER HANNIFIN
Schamberger
Siemens
The presence of low cost of hydraulic actuators when compared to electrical actuators is estimated to be one of the major factors that have a positive impact on the growth of the market. The reduction in costs has led to a high adoption of hydraulic actuators among end-user industries. The growth in fluid automation is one of the major factors driving the usage of hydraulic actuators. These actuators are mainly used for switching on or off or modulating the control of any gate valve or increasing the stem ball valve that is utilizing a hydraulic actuator supply. These functions performed by low-cost hydraulic actuators with robust structure will fuel the growth of the market.
Market Analysis and Insights: Global Hydraulic Actuators Market
The global Hydraulic Actuators market size is projected to reach US$ 2017.4 million by 2026, from US$ 1701.4 million in 2020, at a CAGR of 2.9% during 2021-2026.
Global Hydraulic Actuators Scope and Market Size
The global Hydraulic Actuators market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Hydraulic Actuators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.
Segment by Type, the Hydraulic Actuators market is segmented into
Linear Hydraulic Actuators
Rotary Hydraulic Actuators
Segment by Application, the Hydraulic Actuators market is segmented into
Oil and Gas Industry
Metals and Mining Industry
Power Generation Industry
Chemical and Petrochemical Industry
The Hydraulic Actuators market is analysed and market size information is provided by regions (countries). Segment by Application, the Hydraulic Actuators market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.
Competitive Landscape
and Hydraulic Actuators Market Share AnalysisHydraulic Actuators market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Hydraulic Actuators business, the date to enter into the Hydraulic Actuators market, Hydraulic Actuators product introduction, recent developments, etc.
The major vendors covered:
Emerson
Flowserve
PARKER HANNIFIN
Schamberger
Siemens
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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