Automotive Hydraulic Cylinders Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Single Acting Cylinders and Double Acting Cylinders), Truck Type (Car Carriers, Garbage Compactors, Hook Loader, Side Tipper, Drop Deck Trailer, and Modu

Automotive Hydraulic Cylinders Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Single Acting Cylinders and Double Acting Cylinders), Truck Type (Car Carriers, Garbage Compactors, Hook Loader, Side Tipper, Drop Deck Trailer, and Modular Trailer), and Mounting Type (Rod End and Cap End)

The automotive hydraulic cylinders market is projected to grow from US$ 888.42 million in 2022 to US$ 1,207.58 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2022 to 2028.

Smart Hydraulic Cylinders to Emerge as Significant Trend in Automotive Hydraulic Cylinder Market Growth During Forecast Period

Technological innovation is allowing manufacturers to introduce new compact, modular, and intelligent hydraulic systems that can be integrated with different electronics. Smart hydraulic systems, incorporated with sensors and other electronic components, are popularly being used in a wide range of vehicles, from lighter-duty agricultural vehicles to heavy-duty construction and mining equipment. Smart hydraulic cylinders use linear transducers (sensors) to communicate a cylinder’s piston position back to the overall hydraulic system, thereby enhancing the accuracy and efficiency of systems. Hydraulic cylinders enabled with position sensing (SMART) technology are extremely reliable, even in harsh environments and high-temperature conditions; moreover, they exhibit greater efficiency, improved safety, and unprecedented performance levels. Thus, smart hydraulic cylinders would emerge as a significant trend in the automotive hydraulic cylinders market growth during the forecast period.

Hydraulic mechanism is widely used in garbage compactors to minimize fuel use in the vehicle and decrease the collected garbage density. The garbage compactor consists of a packing panel with a sweeping blade hinged to its bottom. The panel and blade are controlled by two sets of hydraulic cylinders, which helps move the entire compacting mechanism up and down. While dumping, another set of hydraulic cylinders lifts up the tailgate containing the packing mechanism. Thus, a single garbage compactor consists of many hydraulic cylinders, which is driving the growth of the automotive hydraulic cylinders market for the garbage compactor segment. Whereas, tippers are used for collecting, carrying, and fetching heavy loads and loose materials as quickly as possible on construction sites, mines, and dump yards. Tippers are attached to a hydraulic mechanism that can tip the entire vehicle container in order to offload its contents. Increasing demand for tippers from the mining industry contributes to the tipper segment growth in the automotive hydraulic cylinders market.

Based on mounting type, the automotive hydraulic cylinders market is bifurcated into rod end and cap end. Cap end mounts are widely used for thrust loads whereas rod end mounts are widely used for loads under tension. In the cap end cylinders the cylinder bottom (cap of the cylinder) is fixed and mounted on the truck surface, while the rod is free to move. The cap end is also referred to as the cylinder head. The cap end is typically very simple, with a port machined to direct fluid into the piston side. The end cap covers the pressure chamber from one end of the hydraulic cylinder. Increasing adoption of cap end hydraulic cylinder amongst the end users is augmenting the cap end segment growth in the automotive hydraulic cylinders market. The cap end mounting of the cylinder is very common in the tipping, modular, and drop deck trucks.

While, the rod end is one of the most fundamental and critical parts of a hydraulic cylinder. The rod is the piece of the piston that extends and retracts, generating the movement the hydraulic cylinder requires to function. The Rod end connects the hydraulic cylinder into a machine used to do work in the form of either a mounting attachment or a machine thread. However, keeping the rod fixed at the one position and moving the opposite end is required in the limited applications such refuse trucks and others. Thus the segment has the limited scope in the market however the increasing rod end connections application might drive the segment growth. In rod cylinder the rod is attached to the piston and the cylinder head. Then rod is made from hard chrome for its properties to be grounded and polished very well, which ensures a reliable seal to prevent leaks. Rod ends mounting type has several advantages, such as ease of maintenance, repair, and assembling, which augment the rod end segment growth in the automotive hydraulic cylinders market.

The automotive hydraulic cylinders market has been segmented on the basis of type, truck type, mounting type and region. Based on type, the automotive hydraulic cylinders market is bifurcated into Single acting cylinders and double acting cylinders. In terms of truck type, the automotive hydraulic cylinders market is bifurcated into car carriers, garbage compactors, hook loader, side tipper, drop deck trailer, and modular trailer. Based on mounting type, the automotive hydraulic cylinders market is bifurcated into rod end and cap end. Based on region, the automotive hydraulic cylinders market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and South America.

The overall automotive hydraulic cylinders market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the automotive hydraulic cylinders market.

Reasons to Buy

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the automotive hydraulic cylinders market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the automotive hydraulic cylinders market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.