The global hydraulic actuators market is forecast to grow at a CAGR of 3.47% during the period 2017-2021.
The report, Global Hydraulic Actuators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
According to the report, one of the major drivers for this market is Low cost of hydraulic actuators when compared with electrical actuators. The market for hydraulic actuators is highly driven by linear hydraulic actuators, and it is due to the market growth in the developing countries where the cost of products has been lowered. The cost reduction has led to a higher adoption of hydraulic actuators among the end-user industries.
The growth in fluid automation is one of the major driving factors for the use of hydraulic actuators. The cost of linear hydraulic actuators has been reduced along with the development of multifunctional features. They are used for switching on or off or modulating control of any gate valve or increasing the stem ball valve that is utilizing a hydraulic actuator supply.
Other prominent vendors
- 2G Engineering
- Ace Micromatic
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Type
Part 07: Market Segmentation By End-User
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/mqg7dh/global_hydraulic