Hydraulic Cylinder Market Size and Share
Hydraulic Cylinder Market Analysis by Mordor Intelligence
The hydraulic cylinder market size stood at USD 16.19 billion in 2025 and is projected to reach USD 21.65 billion in 2030, reflecting a 5.98% CAGR. Robust capital spending on infrastructure projects, rapid warehouse automation, and the deployment of smart electro-hydraulic solutions together propel the hydraulic cylinder market, even as input-cost volatility and selective electrification temper expansion. Demand is anchored by construction machinery, where each excavator alone integrates up to six cylinders, and by e-commerce logistics networks that specify high-cycle lift and tilt systems. Asia-Pacific retains primacy on the back of Chinese manufacturing scale and Indian public-works outlays, while North America benefits from the USD 1.2 trillion Infrastructure Investment and Jobs Act. Across end-markets, suppliers widen their moats by embedding sensors, IoT gateways, and regenerative drive architectures that shrink lifetime energy costs and unlock predictive-maintenance revenue streams.
Key Report Takeaways
- By function, double-acting cylinders held 58.23% of the hydraulic cylinder market share in 2024; single-acting units are forecast to expand at a 6.01% CAGR through 2030.
- By specification, welded construction commanded 44.63% of revenue in 2024, whereas telescopic cylinders post the fastest 6.23% CAGR to 2030.
- By bore size, the 50–150 mm range accounted for 39.23% of the hydraulic cylinder market size in 2024, while above-150 mm bores accelerate at a 6.91% CAGR through 2030.
- By end-user industry, construction equipment led with 35.81% revenue share in 2024; material handling and forklifts record the highest 7.23% CAGR to 2030.
- By geography, Asia-Pacific captured 41.05% of 2024 revenue and is advancing at an 6.82% CAGR through 2030.
Global Hydraulic Cylinder Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Infrastructure and construction-equipment boom | +1.8% | Global, with concentration in Asia-Pacific and North America | Medium term (2-4 years) |
| Rising farm mechanization in developing regions | +0.9% | Asia-Pacific, Latin America, Africa | Long term (≥ 4 years) |
| E-commerce-led surge in warehouse material-handling automation | +1.2% | Global, with emphasis on North America and Europe | Short term (≤ 2 years) |
| Shift toward electro-hydraulic "smart" cylinders in mobile machinery | +0.7% | North America, Europe, developed Asia-Pacific markets | Medium term (2-4 years) |
| Growing use of hydraulic cylinders in wind-turbine pitch control | +0.4% | Global, concentrated in offshore wind markets | Long term (≥ 4 years) |
| Recovery of aerospace and defense production cycles | +0.3% | North America, Europe | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Infrastructure and construction-equipment boom
Infrastructure outlays stimulate a cascading need for excavators, loaders, and aerial platforms, each fitted with multiple high-tonnage cylinders. In the United States, federal spending revives heavy-equipment fleets and raises utilization rates, an effect echoed in Asia where offshore-energy capex is growing 15% year-on-year.[1]Matthew Hale, “Offshore Energy Capex to Grow Again in 2025,” Offshore Magazine, offshore-mag.com OEMs respond by specifying cylinders with energy-recovery circuits that save up to 64% of hydraulic losses, cutting fuel burn and aligning with corporate decarbonization mandates.[2]Wei Zhao et al., “Energy Consumption in Boom Crane Operations,” Frontiers in Mechanical Engineering, frontiersin.org Shorter financing cycles, enabled by stabilizing interest rates, further unlock compact-equipment demand that disproportionately relies on hydraulic actuation.
Rising farm mechanization in developing regions
Mechanization programs in India, Brazil, and sub-Saharan Africa accelerate tractor penetration and elevate hydraulic complexity. Three-point hitches, loader arms, and steering assist all depend on cylinders capable of precise flow-modulation under dusty, high-temperature conditions. Field research on hybrid hydraulic-electric drivelines shows peak-torque cuts of 18.8% during plowing, validating the technology’s fuel-savings potential while preserving hydraulic force density. Localized assembly hubs help manufacturers sidestep tariff regimes and shorten lead times, reinforcing the hydraulic cylinder market’s resilience in agriculture.
E-commerce-led surge in warehouse material-handling automation
Same-day delivery models demand faster, safer material flow inside fulfillment centers, intensifying orders for forklifts, reach trucks, and scissor lifts. Each vehicle integrates lift and tilt cylinders monitored by telematics modules that predict seal-wear before failure, reducing unplanned downtime. Vendors that can produce short runs of application-specific cylinders win share as 3PL operators customize fleets by load-profile and aisle width. Despite 2024’s inventory drawdowns, Power & Motion projects a return to equipment growth in 2025, sustaining the hydraulic cylinder market.
Shift toward electro-hydraulic smart cylinders in mobile machinery
OEMs blend hydraulic power density with electronic feedback through self-contained smart actuators that place pump, motor, and valves on-board. These cylinders deliver Force-on-Demand only when required, trimming idle energy losses by over 50% and enabling remote diagnostics.[3]Kyntronics, “FAQs for Smart Electro-Hydraulic Actuator,” kyntronics.com Survey data confirm 83% of machine designers view hydraulics as irreplaceable for high-force moves, yet 93% plan to embed more sensing in future platforms. Suppliers investing in digital electronics and open-protocol gateways therefore position for premium margin capture within the hydraulic cylinder market.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rapid adoption of electric actuators in light-duty applications | -0.8% | North America, Europe, developed Asia-Pacific markets | Medium term (2-4 years) |
| Volatile steel prices inflating cylinder cost structure | -0.6% | Global, with particular impact in manufacturing-intensive regions | Short term (≤ 2 years) |
| Chronic maintenance and leakage issues in legacy systems | -0.4% | Global, concentrated in older industrial installations | Long term (≥ 4 years) |
| Cyclical CAPEX in mining and oil and gas sectors | -0.7% | Resource-dependent regions including Middle East, Latin America, Australia | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rapid adoption of electric actuators in light-duty applications
Efficiency gains of 75–80% and zero-leakage operation make electric actuators attractive for precision packaging, lab automation, and compact loaders. High-cycle life beyond 100 million strokes also tilts lifecycle economics away from hydraulics in these niches. Manufacturers mitigate risk by expanding portfolios to include hybrid and all-electric offerings, ensuring wallet-share retention even as the hydraulic cylinder industry experiences selective substitution.
Volatile steel prices inflating cylinder cost structure
Since January 2025, benchmark steel costs have risen around 30%, compressing margins and prompting price surcharges. Parker-Hannifin flags raw-material swings as a principal earnings sensitivity in its 2024 10-K, underlining the pressure on working capital. Tier-one suppliers pursue index-linked contracts and explore aluminum or composite barrels for specific low-pressure applications to hedge against steel uncertainty, though adoption remains nascent.
Segment Analysis
By Function – double-acting cylinders underpin versatility while single-acting variants gain efficiency traction
Double-acting designs generated 58.23% of 2024 revenue, cementing their role in two-way load control for buckets, presses, and steering columns across the hydraulic cylinder market. Embedded pressure transducers elevate precision, enabling OEMs to achieve repeatability targets in automated welding lines. Single-acting models post a 6.01% CAGR as gravity-return architectures reduce pump sizing and fluid volume, a compelling trade-off for scissor-lifts and tipper bodies. Regenerative circuit options further cut energy draw, expanding addressable use-cases for cost-sensitive buyers.
The dual-market dynamic fosters tailored sourcing strategies. High-volume off-highway builders lock in multi-year supply agreements for double-acting cylinders with synchronized flow paths, while aftermarket distributors favor modular single-acting SKUs to match heterogeneous equipment fleets. Suppliers that can flex production between the two designs on common machining cells minimize changeover downtime and widen gross-margin spreads, reinforcing their competitiveness within the hydraulic cylinder market.
By Specification – welded construction dominates, telescopic formats unlock compact-footprint value
Welded cylinders contributed 44.63% of 2024 turnover thanks to their one-piece body strength and favorable cost-to-pressure ratio. OEMs in agriculture and mining specify welded models up to 3,000 PSI, leveraging integrated glands that shorten installation time. Telescopic cylinders, despite a smaller base, accelerate at a 6.23% CAGR as urban job-sites demand compact stowed lengths and extended reach. Telematik multi-section systems stretch seven stages without external chains, offering maintenance-free operation and cycle-time advantages.
Tie-rod and mill-type designs retain relevance in factory automation and metals processing respectively, where serviceability or extreme-duty requirements dictate product choice. Vendors differentiate through proprietary seal stacks that extend service intervals and through inline position sensing that satisfies Industry 4.0 data-collection mandates. This broad specification spectrum ensures the hydraulic cylinder market provides fit-for-purpose options across force, stroke, and duty-cycle axes.
By Bore Size – mid-range categories dominate volumes while large bores outpace growth
Bores between 50 mm and 150 mm constitute 39.23% of 2024 sales, striking an optimal balance between force output and envelope constraints for construction, material-handling, and agricultural equipment. Above-150 mm units rise at a 6.91% CAGR, reflecting expansion in tunneling, offshore foundation, and large press applications that require extreme load-handling. Finite-element-optimized head-caps and labyrinth seals now cut friction in heavy-bore rods, driving longer service life in harsh environments.
Small-bore cylinders below 50 mm penetrate medical lifts, amusement rides, and compact robotics where responsiveness and light weight outrank brute force. As OEMs pursue platform modularity, suppliers capable of rapid engineering change orders across bore classes strengthen their share capture prospects within the hydraulic cylinder market.
Note: Segment shares of all individual segments available upon report purchase
By End-User Industry – construction scale sustains today’s base while material handling charts the fastest lane
Construction equipment delivered 35.81% of 2024 revenue, underscoring the entrenched reliance on hydraulic power for excavation, lifting, and earthmoving. Regulatory incentives to replace older fleets with low-emission models keep order books healthy. Material handling and forklifts, however, reveal the most dynamic 7.23% CAGR through 2030. Fulfillment centers mandate finely tuned lift, side-shift, and tilt control, a functional trio unattainable with purely mechanical drives. Customized cylinder kits with IoT-enabled valve blocks help fleet managers cut downtime by up to 25%, directly supporting logistics service-level agreements.
Industrial manufacturing, mining, agriculture, aerospace, marine, and oil & gas each deliver niche requirements—cryogenic seals for offshore rigs, corrosion-resistant rods for coastal cranes, or lightweight alloys for flight-control systems—broadening the hydraulic cylinder market canvas and incentivizing R&D investment across multiple verticals.
Geography Analysis
Asia-Pacific secured 41.05% of 2024 revenue and records an 6.82% CAGR, driven by megaprojects such as India’s high-speed rail corridors and China’s offshore wind build-out. Domestic champions like Hengli scale vertically integrated plants to replace imported high-end cylinders, trimming lead times and landed costs. Supplier proximity also aligns with just-in-time practices adopted by regional OEMs.
North America ranks second, buoyed by federal infrastructure spending that refreshes construction fleets and upgrades inland-port material-handling systems. Local producers differentiate via advanced metallurgy and digital integration, meeting end-user demand for data-rich equipment as predictive-maintenance adoption rises.
Europe emphasizes sustainability and noise reduction, prompting the uptake of smart electro-hydraulic designs that curtail energy waste. OEMs receive legislative stimulus from EU Green Deal directives, spurring orders for cylinders with biodegradable fluids and leak-prevention technologies.
The Middle East sees demand swings tied to oil-price cycles, but gas-processing expansion in Saudi Arabia revives large-bore cylinder orders for pipeline construction. Africa and Latin America benefit from agricultural mechanization subsidies and mining concessions, though currency volatility challenges importers. Across all regions, suppliers that offer localized service networks and rapid spare-parts fulfillment gain advantage in the hydraulic cylinder market.
Competitive Landscape
The hydraulic cylinder market exhibits moderate fragmentation: the top five vendors control roughly 45% of global revenue, giving mid-tier specialists room to thrive. Parker-Hannifin, Bosch Rexroth, and Caterpillar pursue full-stack motion-control portfolios encompassing cylinders, pumps, valves, and digital controllers, allowing OEMs to source integrated systems instead of discrete components. Acquisition pipelines illustrate this strategy-Bosch Rexroth’s purchase of HydraForce fuses compact-valve expertise with global manufacturing scale to accelerate smart-hydraulics roll-outs.
Private-equity plays also reshape the field. Fortress Investment Group consolidated Texas Hydraulics, Hydromotion, and Oilgear to create a diversified platform spanning large-bore and high-precision niches, targeting industrial and energy customers seeking one-stop sourcing. Applied Industrial Technologies’ Hydradyne buy expands its technical-services footprint, positioning the distributor to bundle engineering support with components and thereby deepen customer stickiness.
Suppliers race to embed telematics and cloud APIs, converting cylinders into data nodes that feed uptime dashboards. First-movers can monetize subscription analytics, capturing aftermarket annuities that lift lifetime margins beyond the initial sale. Competition therefore pivots from price to life-cycle value, encouraging continuous investment in sensor fusion, edge computing, and materials science throughout the hydraulic cylinder market.
Hydraulic Cylinder Industry Leaders
-
Bosch Rexroth AG
-
Parker-Hannifin Corporation
-
Eaton Corporation plc
-
SMC Corporation
-
KYB Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- April 2025: Applied Industrial Technologies acquired Hydradyne for USD 260 million to integrate distribution breadth with advanced fluid-power engineering, targeting cross-selling of cylinder assemblies alongside value-added services. The deal aims to lift EBITDA by USD 30 million within year one through supply-chain consolidation and expanded regional coverage.
- February 2025: Bosch Rexroth posted EUR 7.6 billion (USD 8.36 billion) sales for 2023 and earmarked EUR 460 million (USD 506 million) for hydraulics and automation R&D, underscoring its plan to dominate smart-cylinder architectures and strengthen channels built via the HydraForce acquisition.
- November 2024: Fortress Investment Group bought TH Holdings, combining Texas Hydraulics, Hydromotion, and Oilgear to scale custom large-stroke cylinder capacity and capture energy, mining, and defense projects that demand engineered-to-order solutions.
- October 2024: Ingersoll Rand added APSCO, Blutek, and UT Pumps for USD 135 million, bolstering its hydraulics and compressed-air catalogue for specialty-vehicle OEMs and broadening aftermarket revenue through bundled service offerings
Global Hydraulic Cylinder Market Report Scope
| Single-Acting |
| Double-Acting |
| Welded |
| Tie-Rod |
| Telescopic |
| Mill-Type |
| Below 50 mm |
| 50 – 150 mm |
| Above 150 mm |
| Construction Equipment |
| Agriculture |
| Material Handling and Forklifts |
| Mining |
| Industrial Manufacturing |
| Aerospace and Defense |
| Marine |
| Oil and Gas |
| North America | United States | |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| South Korea | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Chile | ||
| Colombia | ||
| Rest of South America | ||
| Middle East and Africa | Middle East | Saudi Arabia |
| United Arab Emirates | ||
| Turkey | ||
| Rest of Middle East | ||
| Africa | South Africa | |
| Nigeria | ||
| Kenya | ||
| Egypt | ||
| Rest of Africa | ||
| By Function | Single-Acting | ||
| Double-Acting | |||
| By Specification | Welded | ||
| Tie-Rod | |||
| Telescopic | |||
| Mill-Type | |||
| By Bore Size | Below 50 mm | ||
| 50 – 150 mm | |||
| Above 150 mm | |||
| By End-User Industry | Construction Equipment | ||
| Agriculture | |||
| Material Handling and Forklifts | |||
| Mining | |||
| Industrial Manufacturing | |||
| Aerospace and Defense | |||
| Marine | |||
| Oil and Gas | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| South Korea | |||
| India | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Chile | |||
| Colombia | |||
| Rest of South America | |||
| Middle East and Africa | Middle East | Saudi Arabia | |
| United Arab Emirates | |||
| Turkey | |||
| Rest of Middle East | |||
| Africa | South Africa | ||
| Nigeria | |||
| Kenya | |||
| Egypt | |||
| Rest of Africa | |||
Key Questions Answered in the Report
What is the current hydraulic cylinder market size?
The hydraulic cylinder market size reached USD 16.19 billion in 2025 and is forecast to climb to USD 21.65 billion by 2030.
Which region is the fastest-growing market for hydraulic cylinders?
Asia-Pacific shows the highest growth, advancing at an 6.82% CAGR through 2030 on the back of Chinese manufacturing and Indian infrastructure programs.
Which application segment is expanding most quickly?
Material handling and forklifts lead growth at a 7.23% CAGR as e-commerce logistics drive warehouse automation.
How are smart electro-hydraulic cylinders changing the industry?
Smart cylinders embed sensors, on-board pumps, and IoT connectivity, cutting idle energy use by more than 50% and enabling predictive maintenance.
What factors constrain hydraulic cylinder adoption?
Rising steel prices and the shift to electric actuators in light-duty tasks reduce near-term demand, though hydraulics remain unrivaled for high-force applications.
What major restraint could limit hydraulic cylinder demand?
Selective substitution by electric actuators in light-duty, precision applications reduces hydraulic share due to higher efficiency and lower maintenance.
Page last updated on: