Asia Pacific Automotive Hydraulic Cylinders Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Single Acting Cylinders and Double Acting Cylinders), Truck Type (Car Carriers, Garbage Compactors, Hook Loader, Tipping Vehicles, Drop Deck Trailer, and Modular Trailer), and Mounting Type (Rod End and Cap End)
The Asia Pacific automotive hydraulic cylinders market is expected to grow from US$ 420.96 million in 2022 to US$ 591.33 million by 2028; it is estimated to grow at a CAGR of 5.8% from 2022 to 2028.
Increasing Demand for Construction Equipment and Vehicles
A surge in urbanization, and residential and commercial infrastructure construction activities is a major force driving the growth of this industry. The rapid expansion of metropolitan cities propels the demand for commercial construction projects. Many new infrastructure development plans and projects are in the pipeline in various countries. Hydraulic cylinders are used in various construction vehicles to offer resistance against corrosion, abrasion, extreme temperature conditions, and weather changes. With the ability to withstand these conditions, these vehicles can be used continuously for extended periods. The rise in construction activities in various countries reflects increased demand for hydraulic equipment. Various earth-moving equipment such as excavators, loaders, bulldozers, and cranes are commonly used at construction sites of roads, railways, housing, infrastructure, and airport projects, among others. Thus, the adoption of heavy construction vehicles equipped with hydraulic cylinders is increasing with the continued proliferation of the construction industry, which, in turn, drives the automotive hydraulic cylinder market growth.
Market Overview
Asia Pacific is considered to be the biggest mining region in the world, and China is at the forefront of the regional mining industry. Increasing mining activities indicate the high demand for mining equipment. According to Global Data Energy, the total population of mining trucks increased by ~8,000 from 105,000 at the end of 2017 to ~113,000 by the end of 2020. Also, Asia Pacific accounts for 23.5% of total surface mining trucks available in the world. Automotive hydraulic cylinders are highly used in waste management vehicles and mining equipment. The automotive hydraulic cylinder market in Asia Pacific is further segmented into China, Japan, India, South Korea, Australia, and the Rest of Asia Pacific.
Asia Pacific Automotive Hydraulic Cylinders Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific Automotive Hydraulic Cylinders Market Segmentation
The Asia Pacific automotive hydraulic cylinders market is segmented on the basis of type, truck type, mounting type, and country. Based on type, the Asia Pacific automotive hydraulic cylinders market is bifurcated into single acting cylinders and double acting cylinders. The single acting cylinders segment held a larger market share in 2022.
Based on truck type, the Asia Pacific automotive hydraulic cylinders market is segmented into car carriers, garbage compactors, hook loader, tipping vehicles, drop deck trailer, and modular trailer. The tipping vehicles segment held the largest market share in 2022.
Based on mounting type, the Asia Pacific automotive hydraulic cylinders market is bifurcated into rod end and cap end. The cap end segment held a larger market share in 2022.
Based on country, the Asia Pacific automotive hydraulic cylinders market is segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. China dominated the market share in 2022.
Delta Hydraulics Pty Ltd; Wipro Enterprises Ltd; Gidrolast Corp; Ashun Fluid Power Co Ltd; Montanhydraulik GmbH; Jiaheng Hydraulic cylinder Co Ltd; Muncie Power Products Inc.; Binotto SRL; and Hyva Holding BV are the leading companies operating in the Asia Pacific automotive hydraulic cylinders market
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Automotive Hydraulic Cylinders Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Asia Pacific Automotive Hydraulic Cylinders Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Construction Equipment and Vehicles
5.1.2 Growing Use of Hydraulic Cylinders in Waste Management Vehicles
5.2 Market Restraints
5.2.1 Suboptimal Performance and Cost Concerns Regarding Oil Leakage
5.3 Market Opportunities
5.3.1 Strategic Initiatives by Market Players
5.4 Trends
5.4.1 Smart Hydraulic Cylinders
5.5 Impact analysis of Drivers and Restraints
6. Automotive Hydraulic Cylinders Market – Asia Pacific Market Analysis
6.1 Asia Pacific Automotive Hydraulic Cylinders Market Revenue Forecast and Analysis
7. Asia Pacific Automotive Hydraulic Cylinder Market – By Type
7.1 Overview
7.2 Automotive Hydraulic Cylinder Market, By Type (2021 and 2028)
7.3 Single Acting Cylinder
7.3.1 Overview
7.3.2 Single Acting Cylinder: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Double Acting Cylinder
7.4.1 Overview
7.4.2 Double Acting Cylinder: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Automotive Hydraulic Cylinder Market – By Truck Type
8.1 Overview
8.2 Automotive Hydraulic Cylinder Market, By Truck Type (2021 and 2028)
8.3 Car Carriers
8.3.1 Overview
8.3.2 Car Carriers: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Garbage Compactors
8.4.1 Overview
8.4.2 Garbage Compactors: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Hook Loader
8.5.1 Overview
8.5.2 Hook Loader: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Tipping Vehicles
8.6.1 Overview
8.6.2 Tipping Vehicles: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Drop Deck Trailer
8.7.1 Overview
8.7.2 Drop Deck Trailer: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
8.8 Modular Trailers
8.8.1 Overview
8.8.2 Modular Trailers: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Automotive Hydraulic Cylinder Market – By Mounting Type
9.1 Overview
9.2 Automotive Hydraulic Cylinder Market, By Mounting Type (2021 and 2028)
9.3 Rod End
9.3.1 Overview
9.3.2 Rod End: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Cap End
9.4.1 Overview
9.4.2 Cap End: Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
10. Asia Pacific Automotive Hydraulic Cylinders Market – Country Analysis
10.1 Asia Pacific: Automotive Hydraulic Cylinders Market
10.1.1 Asia Pacific: Automotive Hydraulic Cylinders Market, by Key Country
10.1.1.1 Australia: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Australia: Automotive Hydraulic Cylinders Market, By Type
10.1.1.1.2 Australia: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.1.3 Australia: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.2 China: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 China: Automotive Hydraulic Cylinders Market, By Type
10.1.1.2.2 China: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.2.3 China: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.3 Japan: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Japan: Automotive Hydraulic Cylinders Market, By Type
10.1.1.3.2 Japan: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.3.3 Japan: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.4 India: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 India: Automotive Hydraulic Cylinders Market, By Type
10.1.1.4.2 India: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.4.3 India: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.5 South Korea: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 South Korea: Automotive Hydraulic Cylinders Market, By Type
10.1.1.5.2 South Korea: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.5.3 South Korea: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.6 Rest of Asia Pacific: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Asia Pacific: Automotive Hydraulic Cylinders Market, By Type
10.1.1.6.2 Rest of Asia Pacific: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.6.3 Rest of Asia Pacific: Automotive Hydraulic Cylinders Market, By Mounting Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Delta Hydraulics Pty Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Wipro Enterprises Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Gidrolast Corp
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Ashun Fluid Power Co Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Montanhydraulik GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Muncie Power Products Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Jiaheng Hydraulic cylinder Co Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Binotto SRL
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Hyva Holding BV
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Asia Pacific Automotive Hydraulic Cylinders Market Revenue and Forecast to 2028 (US$ Million)
Table 2. Asia Pacific: Automotive Hydraulic Cylinders Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. Australia: Automotive Hydraulic Cylinders Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Australia: Automotive Hydraulic Cylinders Market, By Truck Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. Australia: Automotive Hydraulic Cylinders Market, By Mounting Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. China: Automotive Hydraulic Cylinders Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. China: Automotive Hydraulic Cylinders Market, By Truck Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. China: Automotive Hydraulic Cylinders Market, By Mounting Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Japan: Automotive Hydraulic Cylinders Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Japan: Automotive Hydraulic Cylinders Market, By Truck Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Japan: Automotive Hydraulic Cylinders Market, By Mounting Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. India: Automotive Hydraulic Cylinders Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. India: Automotive Hydraulic Cylinders Market, By Truck Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. India: Automotive Hydraulic Cylinders Market, By Mounting Type – Revenue and Forecast to 2028 (US$ Million)
Table 15. South Korea: Automotive Hydraulic Cylinders Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. South Korea: Automotive Hydraulic Cylinders Market, By Truck Type – Revenue and Forecast to 2028 (US$ Million)
Table 17. South Korea: Automotive Hydraulic Cylinders Market, By Mounting Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Asia Pacific: Automotive Hydraulic Cylinders Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Asia Pacific: Automotive Hydraulic Cylinders Market, By Truck Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. Rest of Asia Pacific: Automotive Hydraulic Cylinders Market, By Mounting Type – Revenue and Forecast to 2028 (US$ Million)
Table 21. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Automotive Hydraulic Cylinders Market Segmentation
Figure 2. Asia Pacific Automotive Hydraulic Cylinders Market Segmentation – By Country
Figure 3. Asia Pacific Automotive Hydraulic Cylinders Market Overview
Figure 4. Asia Pacific Automotive Hydraulic Cylinders Market, by Type
Figure 5. Asia Pacific Automotive Hydraulic Cylinders Market, by Truck Type
Figure 6. Asia Pacific Automotive Hydraulic Cylinders Market, by Mounting Type
Figure 7. Asia Pacific Automotive Hydraulic Cylinders Market, by Country
Figure 8. Asia Pacific – PEST Analysis
Figure 9. Asia Pacific Automotive Hydraulic Cylinders Market – Ecosystem Analysis
Figure 10. Asia Pacific Automotive Hydraulic Cylinders Market: Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific Automotive Hydraulic Cylinders Market Revenue Forecast and Analysis (US$ Million)
Figure 12. Asia Pacific Automotive Hydraulic Cylinder Market Revenue Share, by Type (2021 and 2028)
Figure 13. Single Acting Cylinder: Asia Pacific Automotive HYDRAULIC CYLINDER Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Double Acting Cylinder: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Automotive Hydraulic Cylinder Market Revenue Share, by Truck Type (2021 and 2028)
Figure 16. Car Carriers: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Garbage Compactors: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Hook Loader: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Tipping Vehicles: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Drop Deck Trailer: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Modular Trailers: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Asia Pacific Automotive Hydraulic Cylinder Market Revenue Share, by Mounting Type (2021 and 2028)
Figure 23. Rod End: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Cap End: Asia Pacific Automotive Hydraulic Cylinder Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Asia Pacific: Automotive Hydraulic Cylinders Market, by Key Country – Revenue (2021) (US$ Million)
Figure 26. Asia Pacific: Automotive Hydraulic Cylinders Market Revenue Share, by Key Country (2021 & 2028)
Figure 27. Australia: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. China: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Japan: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. India: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. South Korea: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Rest of Asia Pacific: Automotive Hydraulic Cylinders Market – Revenue and Forecast to 2028 (US$ Million)
- Delta Hydraulics Pty Ltd
- Wipro Enterprises Ltd
- Gidrolast Corp
- Ashun Fluid Power Co Ltd
- Montanhydraulik GmbH
- Muncie Power Products Inc.
- Jiaheng Hydraulic cylinder Co Ltd
- Binotto SRL
- Hyva Holding BV
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