Hydraulic Cylinder Market Size

  • Report ID: 5211
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Hydraulic Cylinder Market Size

Hydraulic Cylinder Market size was over USD 15.66 billion in 2024 and is projected to cross USD 31.29 billion by the end of 2037, growing at more than 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hydraulic cylinder is estimated at USD 16.35 billion.

The increasing demand for cranes is driving the market growth. Slew cranes, which can hoist items, suspend them in midair, and then rotate them, are becoming more and more in demand.

Furthermore, rising concerns in order to reduce labor costs in various developing countries such as India, Brazil, and others are factors that are propelling market growth.


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Author Credits:  Dhruv Bhatia


  • Report ID: 5211
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hydraulic cylinder is estimated at USD 16.35 billion.

The hydraulic cylinder market size was over USD 15.66 billion in 2024 and is projected to cross USD 31.29 billion by the end of 2037, growing at more than 5.6% CAGR during the forecast period i.e., between 2025-2037. Rapid shift towards urbanization, increasing construction activities and growing utilization of steam engines will drive the market growth.

North America industry is poised to hold a substantial share by 2037, backed by rising demand for hydraulic cylinders in the region.

The major players in the market include AKKA Technologies, Liebherr Group, WEBER-HYDRAULIK GMBH, Epicor Software Corporation, Henan Modern Industrial Co., Limited.
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