세계의 유압 액추에이터 시장 : 예측(2024-2029년)

The hydraulic actuator market is expected to grow at a CAGR of 3.88% over the forecast period to reach US$3.803 billion by 2029, increasing from estimated value of US$3.144 billion in 2024.

A hydraulic actuator is a mechanical device that utilizes pressurized hydraulic liquid to produce linear or rotary movement. Its key components incorporate a pump, cylinder, and valves. They are broadly utilized in different businesses due to their high force and precise control of fluid.

The global hydraulic actuator market is anticipated to encounter consistent growth due to variables such as increasing adoption of industrial automation, rising requirements for heavy-duty equipment in developing economies, persistent progressions in hydraulic technology, and a focus on energy proficiency.

In addition, the market is anticipated to develop due to the expanding adoption of automation in manufacturing and construction in developing nations' demands for equipment that uses hydraulic actuators, resulting in market growth in the coming years.

Hydraulic Actuator Market Drivers

• Growing agriculture equipment sales are anticipated to propel the demand for hydraulic actuators globally.

Hydraulic systems offer fabulous control over speed, and of course, fluid engines perform exact maneuvers. This level of control is essential for errands like seed planting, spraying pesticides, and harvesting crops, where accuracy and productivity are fundamental requirements. The extended sales of harvesters, coupled with the new launches of agricultural equipment, are expected to boost the hydraulic actuator industry's expansion in the coming years.

• Increased construction spending will bolster the hydraulic actuator market expansion.

Hydraulic actuators play a vital part in diverse construction machinery and equipment, such as excavators, cranes, loaders, and bulldozers. These actuators give the essential control and force required for effective motion and operation of heavy machinery in construction locales. Hydraulic actuators offer exact control and solid lifting capabilities, permitting construction equipment to manage overwhelming loads and perform perplexing tasks with ease.

The rising investment in infrastructure fuels the hydraulic actuator industry expansion. Under the Union Budget 2021-22 of India, funding of INR 1.97 lakh crore (over US$ 26 billion) was reported to upgrade India's manufacturing capabilities and export trades.

• Growing mining activities is expected to boost the hydraulic actuator market growth.

Mining operations include various tasks like drilling, crushing, and handling the raw material. Hydraulic actuators offer the fundamental power to perform these assignments effectively, empowering the operation of heavy machinery and equipment such as excavators, loaders, bulldozers, and crushers. The expanded mineral production and presentation of modern mining equipment will emphatically affect the hydraulic actuator market expansion.

Accordingly, Indian iron ore production expanded to 253.97 million tons in 2021-22, which was recorded to be 199.8 million tons in 2017-18. Moreover, in April 2023, Hitachi Construction Machinery Co., Ltd. introduced an "EX5600-7 ultra-large hydraulic backhoe excavator" with progressed welding quality and thickness of the boom and arm connecting part of backhoe front excavators.

Hydraulic Actuator Market Geographical Outlook

• The Asia-Pacific region is anticipated to witness a significant rise in market share.

Asia Pacific holds a major share of the hydraulic actuator market due to the favorable activities and investment to boost mining and agriculture activities in economies such as India and China. In June 2022, the Minerals Security Partnership (MSP) initiative was launched in China, which aimed to guarantee that critical minerals are produced to bolster the economic advancement and potential of mineral assets.

In addition, India is encountering a significant increment in tractor sales due to government activities like promoting farm mechanization and rising farmer earnings. India is the largest tractor manufacturer globally as per InvestyIndia. In addition, India's tractor sales are expected to boost hydraulic actuator demand, leading to business growth for manufacturers. The domestic tractor industry in India is predicted to grow modestly at 1-4% in FY2025, as per ICRA. Such positive developments will expand the hydraulic actuator market size in the Asia Pacific.

In addition, Advancements in hydraulic technology are enhancing the performance and application possibilities of hydraulic actuators, which are crucial components in construction equipment, influencing market demand in the Asia Pacific region.

Hydraulic Actuator Market Market Restraints:

• Regulations implemented to reduce emissions could restrain the hydraulic actuator market growth.

The hydraulic actuator market may face challenges due to stricter regulations aimed at reducing emissions. Traditional hydraulic systems, which rely on combustion engines, emit pollutants. As regulations tighten, they could restrict the use of certain hydraulic equipment with high emissions and pressure manufacturers to develop cleaner systems. This could reduce demand for traditional systems and increase development costs. To overcome these challenges, the hydraulic actuator industry could adopt electric actuators, hybrid systems, and biodegradable fluids. Adapting this method would address the growing environmental concerns as well as maintain the functionality of the hydraulic actuator.

Hydraulic Actuator Market Developments:

• May 2023- Rotork improved its Skilmatic SI range of electro-hydraulic actuators with a compact, robust quarter-turn design, allowing a torque output of up to 1,000 Nm. The SI range combines electrical operation with hydraulic control precision and mechanical spring-return fail-safe action.
• May 2023- Automation Technology, Inc. introduced a Zero Emission Electro-Hydraulic actuator solution, aiming to reduce the carbon footprint of pipeline operations by attaching the power source to the actuator in a compact suite.
• June 2022: PDC LLC launched its Electro-Hydraulic Actuators under the Magnus Force(R) brand, aiming to penetrate targeted industries through its growing representative and distribution network.

Hydraulic Actuator Market Players and Products:

• CytroForce: This product by Bosch Rexroth sets new benchmarks in terms of power density, energy efficiency, and quiet operations. The solution is delivered preconfigured, allowing machine manufacturers with very little hydraulics experience to benefit from previously unknown application possibilities and minimal total costs from engineering to maintenance.
• Dantorque R-Series Helical Spline Hydraulic Valve Actuator: This product by Emerson Electric Co is a compact and fully concentric actuator intended only for use in large-scale fixed installations eliminated from the scope of Directive 2011/65/EU on the restriction of the employ of certain hazardous substances in electrical and electronic equipment (RoHS 2).
• Electro-Hydraulic Actuator: This product by Rotex Automation is a self-contained electrohydraulic actuator suitable for linear and rotary applications. Its features include a modular design with fail-safe options, self-contained, electrical power requirement, ESD options, and partial stroke test capability.

Key Market Segments:

Hydraulic Actuator Market is segmented and analyzed as below:

By Type

• Linear Actuator
• Rotary Actuator
• Semi-Rotary Actuator

By Material

• Aluminum
• Carbon Steel

By End-User

• Agriculture
• Construction
• Mining
• Others

By Geography

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• UK
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Others

TABLE OF CONTENTS

1. INTRODUCTION

• 1.1. Market Overview
• 1.2. Market Definition
• 1.3. Scope of the Study
• 1.4. Market Segmentation
• 1.5. Currency
• 1.6. Assumptions
• 1.7. Base and Forecast Years Timeline
• 1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY

• 2.1. Research Design
• 2.2. Research Processes

3. EXECUTIVE SUMMARY

• 3.1. Key Findings

4. MARKET DYNAMICS

• 4.1. Market Drivers
• 4.2. Market Restraints
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers
  • 4.3.2. Bargaining Power of Buyers
  • 4.3.3. Threat of New Entrants
  • 4.3.4. Threat of Substitutes
  • 4.3.5. Competitive Rivalry in the Industry
• 4.4. Industry Value Chain Analysis
• 4.5. Analyst View

5. HYDRAULIC ACTUATOR MARKET BY TYPE

• 5.1. Introduction
• 5.2. Linear Actuator
• 5.3. Rotary Actuator
• 5.4. Semi-Rotary Actuator

6. HYDRAULIC ACTUATOR MARKET BY MATERIAL

• 6.1. Introduction
• 6.2. Aluminum
• 6.3. Carbon Steel

7. HYDRAULIC ACTUATOR MARKET BY END-USER

• 7.1. Introduction
• 7.2. Agriculture
• 7.3. Construction
• 7.4. Mining
• 7.5. Others

8. HYDRAULIC ACTUATOR MARKET BY GEOGRAPHY

• 8.1. Introduction
• 8.2. North America
  • 8.2.1. By Type
  • 8.2.2. By Material
  • 8.2.3. By End-User
  • 8.2.4. By Country
    • 8.2.4.1. USA
    • 8.2.4.2. Canada
    • 8.2.4.3. Mexico
• 8.3. South America
  • 8.3.1. By Type
  • 8.3.2. By Material
  • 8.3.3. By End-User
  • 8.3.4. By Country
    • 8.3.4.1. Brazil
    • 8.3.4.2. Argentina
    • 8.3.4.3. Others
• 8.4. Europe
  • 8.4.1. By Type
  • 8.4.2. By Material
  • 8.4.3. By End-User
  • 8.4.4. By Country
    • 8.4.4.1. Germany
    • 8.4.4.2. UK
    • 8.4.4.3. France
    • 8.4.4.4. Spain
    • 8.4.4.5. Others
• 8.5. Middle East and Africa
  • 8.5.1. By Type
  • 8.5.2. By Material
  • 8.5.3. By End-User
  • 8.5.4. By Country
    • 8.5.4.1. Saudi Arabia
    • 8.5.4.2. UAE
    • 8.5.4.3. Others
• 8.6. Asia Pacific
  • 8.6.1. By Type
  • 8.6.2. By Material
  • 8.6.3. By End-User
  • 8.6.4. By Country
    • 8.6.4.1. China
    • 8.6.4.2. Japan
    • 8.6.4.3. South Korea
    • 8.6.4.4. India
    • 8.6.4.5. Australia
    • 8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

• 9.1. Major Players and Strategy Analysis
• 9.2. Market Share Analysis
• 9.3. Mergers, Acquisitions, Agreements, and Collaborations
• 9.4. Competitive Dashboard

10. COMPANY PROFILES

• 10.1. Bosch Rexroth
• 10.2. Bray International
• 10.3. Eaton Corporation
• 10.4. Emerson Electric Co
• 10.5. Flotech Inc.
• 10.6. Moog Inc
• 10.7. PARKER HANNIFIN CORP
• 10.8. Rotex Automation
• 10.9. Rotork
• 10.10. The Kerry Company Inc.