Top 13 manufacturers in Hydraulic Cylinder Market
Prof Research published a new market report on the hydraulic cylinder. It presents the largest 13 manufacturers in the hydraulic cylinder market. The report is a professional and in-depth study on the current state of the global hydraulic cylinder market with a focus on the Chinese market. The report provides key statistics on the market for the hydraulic cylinder. It is a valuable source of guidance and direction for companies and individuals interested in the hydraulic cylinder industry.
The global hydraulic cylinder market was valued to be 3,508.10 million USD in 2020. The hydraulic cylinder production value is anticipated to have grown with a CAGR of 4.22% in the coming years to reach 4,495.43 million USD in 2026.
KYB is the largest manufacturer of hydraulic cylinder in the world, it has a market share of 26.30% in value. Its operating segments include Automotive Components (AC) Operations, Hydraulic Components (HC) Operations, System Products, Aircraft Components and Special-purpose Vehicles and Electronic Equipment.
Hengli is the second-largest manufacturer of hydraulic cylinder in the world, it has a market share of 18.58% in value. The Company's products mainly include cylinders for diggers and nonstandard cylinders for heavy equipment.
DY Power is the third-largest manufacturer of hydraulic cylinder in the world, it has a market share of 6.47% in value. The Company’s products mainly consist of arms, booms, buckets, dozers, center joints and outriggers for excavators; rotary actuators, extentions and booms for aerial lifts; free lifts, side shifts, tilts and power steerings for forklifts; buckets for wheel loaders, and booms, buckets and dippers for backhoe loaders.
Komatsu is the fourth largest manufacturer of hydraulic cylinder in the world, it has a market share of 5.13% in value. Its operating segments include Construction, Mining, and Utility equipment.