Hydraulic Cylinder Market to Hit 30.1 USD Billion by 2035 at 5.2% CAGR

The world hydraulic cylinders industry is set to experience a decade of strong expansion, with estimates projected to rise from 18.1 USD billion by 2025 to an astounding 30.1 USD billion in 2035. The expansion, which is moving with a steady CAGR of 5.2 percent, is primarily driven by the rapid automation of the agricultural and construction sectors and is particularly evident in those emerging markets of the Asia-Pacific region. In the context of urban infrastructure projects as well as large-scale mining operations that require higher-power hydraulic actuation that is high-force, manufacturers are increasingly incorporating advanced technology, such as IoT-enabled sensors, that allow for predictive maintenance to improve the efficiency of their operations. Double-acting cylinders have continued to be the dominant choice because of their bidirectional flexibility, but the shift towards the automation of processes and more energy-efficient "green" hydraulic systems is firmly establishing the hydraulic cylinder's position as a key component of the future generation of mobile and industrial machines.