Global Hydraulic Actuators Market 2017-2021

  • ID: 4400192
  • Report
  • Region: Global
  • 77 pages
  • TechNavio
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FEATURED COMPANIES

  • 2G Engineering
  • ATI
  • Emerson
  • ITT
  • Paladon Systems
  • REXA
  • MORE
About Hydraulic Actuators

Hydraulic actuators, used in the industrial fluid process control, employ hydraulic pressure to drive an output member. These are used where high speed and large forces are required for the fluid control applications. The global hydraulic actuators market had a slow growth rate from the previous five years, and it will face a recovery in its growth rate from 2018-19. The integration of fluid power with electronic devices is acting as an emerging trend in this market. The fluctuating oil prices result in a major hit on the adoption of the latest hydraulic actuators, followed by the European Union regulations for a changeover to renewable energy production.

The analysts forecast the global hydraulic actuators market to grow at a CAGR of 3.47% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global hydraulic actuators market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
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.

Key vendors
  • Emerson
  • Flowserve
  • PARKER HANNIFIN
  • Schamberger
  • Siemens
Other prominent vendors
  • 2G Engineering
  • ATI
  • Curtiss-Wright
  • ITT
  • Ace Micromatic
  • Moog
  • Paladon Systems
  • REXA
  • Rotork
  • SMC
  • The Kerry Company
  • Worldwide Materials Sourcing
Market drivers
  • Low cost of hydraulic actuators when compared with electrical actuators
  • For a full, detailed list, view the full report
Market challenges
  • Excessive cost of installation and maintenance
  • For a full, detailed list, view the full report
Market trends
  • Remote control operations and solutions
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • 2G Engineering
  • ATI
  • Emerson
  • ITT
  • Paladon Systems
  • REXA
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by type
  • Market overview
  • Global linear hydraulic actuators market
  • Global rotary hydraulic actuators market
PART 07: Market segmentation by end-user
  • Market overview
  • Global hydraulic actuators market by the oil and gas industry
  • Global hydraulic actuators market by the power generation industry
  • Global hydraulic actuators market by the metals and mining industry
  • Global hydraulic actuators market by the chemical and petrochemical industry
  • Global hydraulic actuators market by others
PART 08: Geographical segmentation
  • Market overview
  • Hydraulic actuators market in EMEA
  • Hydraulic actuators market in the Americas
  • Hydraulic actuators market in APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Remote control operations and solutions
  • Increase in mergers and acquisitions (M&A)
  • Decreasing investments in conventional energy sources
PART 12: Vendor landscape
  • Competitive scenario
  • Other prominent vendors
PART 13: Key vendor analysis
  • Emerson
  • Flowserve
  • PARKER HANNIFIN
  • Schlumberger
  • Siemens
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Types of actuators
Exhibit 02: Components of hydraulic actuators
Exhibit 03: Market size and forecast of global hydraulic actuators ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global hydraulic actuators market by type 2016 and 2021 (% share)
Exhibit 06: Global linear hydraulic actuators market 2016-2021 ($ millions)
Exhibit 07: Global rotary hydraulic actuators market 2016-2021 ($ millions)
Exhibit 08: Global hydraulic actuators market by end-user 2016 and 2021 (% share)
Exhibit 09: Global hydraulic actuators market by the oil and gas industry 2016-2021 ($ millions)
Exhibit 10: Global hydraulic actuators market by the power generation industry 2016-2021 ($ millions)
Exhibit 11: Global hydraulic actuators market by the metals and mining industry 2016-2021 ($ millions)
Exhibit 12: Global hydraulic actuators market by the chemical and petrochemical industry 2016-2021 ($ millions)
Exhibit 13: Global hydraulic actuators market by others 2016-2021 ($ millions)
Exhibit 14: Global hydraulic actuators market by geography 2016 and 2021 (% share)
Exhibit 15: Hydraulic actuators market in EMEA 2016-2021 ($ millions)
Exhibit 16: Hydraulic actuators market in the Americas 2016-2021 ($ millions)
Exhibit 17: Hydraulic actuators market in APAC 2016-2021 ($ millions)
Exhibit 18: Advantages of electromechanical actuators
Exhibit 19: Other prominent vendors
Exhibit 20: Emerson: Product segments
Exhibit 21: Emerson: Product portfolio
Exhibit 22: Emerson: Key highlights
Exhibit 23: Flowserve: Product segments
Exhibit 24: Flowserve: Product portfolio
Exhibit 25: Flowserve: Key highlights
Exhibit 26: PARKER HANNIFIN: Product segments
Exhibit 27: PARKER HANNIFIN: Product portfolio
Exhibit 28: PARKER HANNIFIN: Key highlights
Exhibit 29: Schlumberger: Product segments
Exhibit 30: Schlumberger: Product portfolio
Exhibit 31: Schlumberger: Key highlights
Exhibit 32: Siemens: Product segments
Exhibit 33: Siemens: Product portfolio
Exhibit 34: Siemens: Key highlights
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FEATURED COMPANIES

  • 2G Engineering
  • ATI
  • Emerson
  • ITT
  • Paladon Systems
  • REXA
  • MORE
New Report Released: – Global Hydraulic Actuators Market 2017-2021

The author of the report recognizes the following companies as the key players in the global hydraulic actuators market: Emerson, Flowserve, PARKER HANNIFIN, Schamberger, and Siemens.

Other Prominent Vendors in the market are: 2G Engineering, ATI, Curtiss-Wright, ITT, Ace Micromatic, Moog, Paladon Systems, REXA, Rotork, SMC, The Kerry Company, and Worldwide Materials Sourcing.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Remote control operations and solutions. The development in remote-control operations and availability of software solutions make the fluid motion process more affordable. The development in communication systems, sensors, and IIoT makes it easy for the end-user industries to invest in the latest solutions. The market for hydraulic actuators with remote control operations will guide the marine, metals and mining, and oil and gas industries in the subsea, and deep well applications to grow.”

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.

Further, the report states that one of the major factors hindering the growth of this market is Excessive cost of installation and maintenance. Hydraulic actuators in the onshore and offshore oil and gas fields are prone to face high pressure conditions and may have high vibrations. Although hydraulic valve system faces high pressure conditions and ensures smooth operations, it causes a delay in operations, which is one of the challenges in achieving the required productivity. Frequent monitoring of hydraulic actuators is highly essential as it involves 24/7 operations where high productivity is the target for the oil and gas companies. The installation and maintenance charges are high, thereby requires continuous monitoring of hydraulic system and actuators, which increases the labor cost.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Emerson
  • Flowserve
  • PARKER HANNIFIN
  • Schamberger
  • Siemens
  • 2G Engineering
  • ATI
  • Curtiss-Wright
  • ITT
  • Ace Micromatic
  • Moog
  • Paladon Systems
  • REXA
  • Rotork
  • SMC
  • The Kerry Company
  • Worldwide Materials Sourcing
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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