LAMEA Hydraulic Cylinder Market Size, Industry Trends 2027

LAMEA Hydraulic Cylinder Market Size, Share & Industry Trends Analysis Report By Function, By Specification, By Bore Size, By Application (Mobile, and Industrial), By Industry, By Country and Growth Forecast, 2021 - 2027

Published Date: April-2022 | Number of Pages: 116 | Format: PDF | Report ID: KBV-17373

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Market Report Description

The Latin America, Middle East and Africa Hydraulic Cylinder Market would witness market growth of 7.0% CAGR during the forecast period (2021-2027).

A hydraulic cylinder can get "mashed" on occasions, mainly during transit. These cylinders are incredibly sturdy, and they're protected from damage like this. They do, however, sustain harm from time to time. If the cylinder's ovality is not adjusted, there will be a significant increase in friction as the piston goes through the "egged" area. When the cylinder wall is pushed in too far, the piston is unable to move past the damage, and the cylinder is rendered useless.

Single-point ovality concerns, such as a cylinder dent, are frequently repairable. This is accomplished by inserting a solid bullet-shaped expander into the dent and out the other side. Another alternative is to use an eccentric set of opposing rollers. Both of these methods harm the inside cladding to the point where the cylinder must be replated using one of the methods listed above. Not only may these tools be used to eliminate a localized dent, but they can also be used to remove ovality across a portion of the cylinder.

Brazil is a country where hydraulic engineering holds a vital position. The distribution of water resources across the country, as well as the expanding urbanization process, necessitated the development of reservoirs, hydroelectric projects, water distribution networks, irrigation systems, and other hydraulic systems over the last three decades. Some of them, such as the Itaipu project, the world's largest hydroelectric plant, became well-known around the world. This process of expanding infrastructure reached a pinnacle during the 1970s, owing to the abundance of foreign financial credit accessible at the time. In addition, the expansion of various sectors, especially construction sector across various nations of the region is creating more demand for components like hydraulic cylinders in the region.

Along with that, there are many companies that are increasingly investing in the R&D activities in order to develop better, efficient and clean hydraulic cylinder for fulfilling consumers’ demand. Owing to these factors, the demand and growth of the regional hydraulic cylinder market is estimated to record a boost in the coming years.

The Brazil market dominated the LAMEA Hydraulic Cylinder Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $334.9 million by 2027. The Argentina market is experiencing a CAGR of 7.6% during (2021 - 2027). Additionally, The UAE market would showcase a CAGR of 6.7% during (2021 - 2027).

Based on Function, the market is segmented into Double-acting, and Single-acting. Based on Specification, the market is segmented into Welded, Tie Rod, Telescopic, and Mill Type. Based on Bore Size, the market is segmented into 50–150 MM, <50 MM, and >150 MM. Based on Application, the market is segmented into Mobile, and Industrial. Based on Industry, the market is segmented into Construction, Aerospace, Material Handling, Mining, Agriculture, Automotive, Marine, Oil & Gas, AND Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Hydraulic Cylinder Market is Predict to reach $18.3 Billion by 2027, at a CAGR of 4.4%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Wipro Limited, Caterpillar, Inc., Parker Hannifin Corporation, Standex International Corporation, Kawasaki Heavy Industries, Ltd., SMC Corporation, KYB Corporation, Enerpac Tool Group Corp., Ligon Industries, LLC, and HYDAC International GmbH.

Scope of the Study

Market Segments Covered in the Report:

By Function

  • Double-acting
  • Single-acting

By Specification

  • Welded
  • Tie Rod
  • Telescopic
  • Mill Type

By Bore Size

  • 50–150 MM
  • <50 MM
  • >150 MM

By Application

  • Mobile
  • Industrial

By Industry

  • Construction
  • Aerospace
  • Material Handling
  • Mining
  • Agriculture
  • Automotive
  • Marine
  • Oil & Gas
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Wipro Limited
  • Caterpillar, Inc.
  • Parker Hannifin Corporation
  • Standex International Corporation
  • Kawasaki Heavy Industries, Ltd.
  • SMC Corporation
  • KYB Corporation
  • Enerpac Tool Group Corp.
  • Ligon Industries, LLC
  • HYDAC International GmbH

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Related Reports:

Global Hydraulic Cylinder Market Report 2021-2027

North America Hydraulic Cylinder Market Report 2021-2027

Europe Hydraulic Cylinder Market Report 2021-2027

Asia Pacific Hydraulic Cylinder Market Report 2021-2027

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