Hydraulic Cylinder Market

By Product Type;

Tie-Rod Cylinders, Threaded Cylinders, Welded Cylinders, Bolted/Mill Type Cylinders, Telescopic Cylinders and Other Cylinders

By Application;

Industrial Equipment [Lifts & Aerial Work Platforms, Rams & Presses, Loading Docks, Injection Molding Machines, Oil & Gas & Offshore Applications and Others] and Mobile Equipment [Agricultural & Forestry Vehicles, Construction Equipment, Mining & Material Handling Equipment and Others]

By Operating Principle;

Single Acting, Double Acting and Multi-Stage/Tandem

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn467323122 Published Date: September, 2025 Updated Date: November, 2025

Hydraulic Cylinder Market Overview

Hydraulic Cylinder Market (USD Million)

Hydraulic Cylinder Market was valued at USD 13,908.86 million in the year 2024. The size of this market is expected to increase to USD 18,550.92 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.


Hydraulic Cylinder Market

*Market size in USD million

CAGR 4.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.2 %
Market Size (2024)USD 13,908.86 Million
Market Size (2031)USD 18,550.92 Million
Market ConcentrationHigh
Report Pages371
13,908.86
2024
18,550.92
2031

Major Players

  • Actuant Corporation
  • Bosch Rexroth AG
  • Caterpillar Inc
  • Eaton Corporation Plc
  • Jarp Industries
  • Jiangsu Hengli Hydraulic Co., Ltd
  • Kawasaki Heavy Industries
  • Parker Hannifin Corporation
  • Texas Hydraulics
  • Wipro Enterprises Limited

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hydraulic Cylinder Market

Fragmented - Highly competitive market without dominant players


The Hydraulic Cylinder Market is experiencing consistent growth due to its widespread use in construction, manufacturing, agriculture, and mining equipment. Known for delivering high power density, hydraulic cylinders ensure precision and efficiency in heavy-duty applications. Approximately 55% of industrial machinery incorporates hydraulic cylinders, highlighting their importance in supporting modern engineering operations.

Rising Demand from Construction and Mining
The increasing adoption of construction machinery and mining equipment significantly drives the market. With nearly 45% of heavy-duty vehicles depending on hydraulic cylinders for lifting and pushing operations, the sector continues to expand. Their reliability under extreme conditions strengthens their role in critical infrastructure development projects.

Advancements in Hydraulic Technology
Ongoing improvements in hydraulic systems such as smart sensors and electronically controlled actuators are fueling innovation. Around 40% of manufacturers are investing in advanced hydraulic cylinder designs to improve energy efficiency and durability. These technological upgrades ensure enhanced performance while reducing operational costs.

Future Market Outlook
With expanding industrialization and the need for reliable heavy-duty systems, the hydraulic cylinder market is set for steady growth. Increasing investment in automation, combined with sustainability-focused designs, will continue to enhance adoption. Strategic innovation and cross-industry applications are expected to solidify the market’s long-term potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Operating Principle
    4. Market Snapshot, By Region
  4. Hydraulic Cylinder Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrial Automation
        2. Infrastructure Development
        3. Expansion in Manufacturing Sector
        4. Agricultural Mechanization
      2. Restraints
        1. Competition from Electric Actuators
        2. Environmental Concerns
        3. Fluctuating Raw Material Prices
        4. Maintenance Costs
      3. Opportunities
        1. Technological Advancements
        2. Growth in Renewable Energy Sector
        3. Emerging Markets
        4. Customization and Specialization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hydraulic Cylinder Market, By Product Type, 2021 - 2031 (USD Million)
      1. Tie-Rod Cylinders
      2. Threaded Cylinders
      3. Welded Cylinders
      4. Bolted/Mill Type Cylinders
      5. Telescopic Cylinders
      6. Other Cylinders
    2. Hydraulic Cylinder Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial Equipment
        1. Lifts & Aerial Work Platforms
        2. Rams & Presses
        3. Loading Docks
        4. Injection Molding Machines
        5. Oil & Gas & Offshore Applications
        6. Others
      2. Mobile Equipment
        1. Agricultural & Forestry Vehicles
        2. Construction Equipment
        3. Mining & Material Handling Equipment
        4. Others
    3. Hydraulic Cylinder Market, By Operating Principle, 2021 - 2031 (USD Million)
      1. Single Acting
      2. Double Acting
      3. Multi-Stage/Tandem
    4. Hydraulic Cylinder Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Parker-Hannifin
      2. Bosch Rexroth
      3. Eaton Corporation
      4. Caterpillar
      5. KYB Corporation
      6. SMC Corporation
      7. Hydac
      8. Wipro Enterprises
      9. JARP Industries
      10. Hengli Hydraulic
      11. Kawasaki Heavy Industries
      12. Texas Hydraulics
      13. Enerpac / Actuant
      14. Weber Hydraulik
      15. Swanson Industries
  7. Analyst Views
  8. Future Outlook of the Market