Market Overview:
The global telescopic cylinder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for telescopic cylinders in various applications, such as dump trucks, drilling rigs, and others. Additionally, the growing demand for telescopic cylinders from emerging economies is also contributing to the growth of this market.
Product Definition:
A telescopic cylinder is a hydraulic or pneumatic actuator that can extend and retract, like a telescope. Telescopic cylinders are used in equipment such as lifts, cranes, and agricultural machinery.
Single Acting:
Single acting is a term used to define the property of a lens or transparent cylinder that focuses an image on one plane without any rotation. The single acting principle is based on the Law of Reflection which states that light travels in a straight line from the source and when it meets with an obstacle, it reflects off this surface in our case, the glass pane. This process can be repeated continuously for as long as there are multiple reflecting surfaces; thus forming an image.
Double Acting:
Double acting is a method of creating tension in a wire by wrapping it around two separate cylinders. The first half of the wire is attached to the second half and as soon as the key is turned, it creates tension in the wire.
The double acting cylinder can be used for making any length of wires up to 24 feet long and has various applications such as antennae, flagpoles, snares & traps, pulleys & cranes among others.
Application Insights:
The others segment includes Telescopic Dump, Drilling Rig and Others. The Others segment held the largest market share of more than 40% in 2017. This is attributed to the high demand for these products from various industries including construction, mining and quarrying, civil engineering, automotive and transportation among others.
The drilling rig application is expected to witness a CAGR of XX% over the forecast period owing to its ability to lift heavy loads at great distances with lessens fatigue and increased safety due largely in part by reduced weight on joints which reduces operational cost as well as increases productivity per day or week depending upon conditions such as soil stability along with providing enhanced oil recovery efficiency resulting in higher revenue generation for operators over time which will drive industry growth during this period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of prominent players such as Caterpillar, Cummins, and Kubota Corporation. These companies are engaged in continuous research & development activities to develop technologically advanced products for efficient performance. Moreover, these companies are involved in providing training programs on proper use and maintenance of telescopic cylinders to increase awareness about safety measures among end users.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising construction spending along with increasing government initiatives for infrastructure development across emerging economies including China and India.
Growth Factors:
- Increasing demand for telescopic cylinders in the automotive and aerospace industries due to their high performance and reliability.
- Growing demand for telescopic cylinders in the construction and manufacturing sectors due to their ability to handle heavy loads.
- Rising popularity of hydraulic systems that use telescopic cylinders as a power source.
- Technological advancements that have led to the development of more efficient and durable telescopic cylinders.
- The increasing use of telescopic cylinders in renewable energy applications such as wind turbines and solar panels
Scope Of The Report
Report Attributes
Report Details
Report Title
Telescopic Cylinder Market Research Report
By Type
Single Acting, Double Acting, Others
By Application
Dump Truck, Drilling Rig, Others
By Companies
Wipro Infrastructure, Texas Hydraulics, Eaton, Parker Hannifin, Pacoma, Weber-Hydraulik, Ligon Industries, Dongyang, KYB, Hydratech, Wipro Infrastructure, Komatsu, Bosch Rexroth, Enerpac, Norrhydro, Canara Hydraulics, Bucher Group, Precision Hydraulic Cylinders, Nurmi Hydraulics, Herbert Hanchen
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Telescopic Cylinder Market Report Segments:
The global Telescopic Cylinder market is segmented on the basis of:
Types
Single Acting, Double Acting, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dump Truck, Drilling Rig, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Wipro Infrastructure
- Texas Hydraulics
- Eaton
- Parker Hannifin
- Pacoma
- Weber-Hydraulik
- Ligon Industries
- Dongyang
- KYB
- Hydratech
- Wipro Infrastructure
- Komatsu
- Bosch Rexroth
- Enerpac
- Norrhydro
- Canara Hydraulics
- Bucher Group
- Precision Hydraulic Cylinders
- Nurmi Hydraulics
- Herbert Hanchen
Highlights of The Telescopic Cylinder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Acting
- Double Acting
- Others
- By Application:
- Dump Truck
- Drilling Rig
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Telescopic Cylinder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Telescopic cylinders are used to measure the size, shape and other characteristics of objects at a distance.
Some of the key players operating in the telescopic cylinder market are Wipro Infrastructure, Texas Hydraulics, Eaton, Parker Hannifin, Pacoma, Weber-Hydraulik, Ligon Industries, Dongyang, KYB, Hydratech, Wipro Infrastructure, Komatsu, Bosch Rexroth, Enerpac, Norrhydro, Canara Hydraulics, Bucher Group, Precision Hydraulic Cylinders, Nurmi Hydraulics, Herbert Hanchen.
The telescopic cylinder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Telescopic Cylinder Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Telescopic Cylinder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Telescopic Cylinder Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Telescopic Cylinder Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Telescopic Cylinder Market Size & Forecast, 2020-2028 4.5.1 Telescopic Cylinder Market Size and Y-o-Y Growth 4.5.2 Telescopic Cylinder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Acting
5.2.2 Double Acting
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dump Truck
6.2.2 Drilling Rig
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Telescopic Cylinder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Telescopic Cylinder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Acting
9.6.2 Double Acting
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dump Truck
9.10.2 Drilling Rig
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Acting
10.6.2 Double Acting
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dump Truck
10.10.2 Drilling Rig
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Acting
11.6.2 Double Acting
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dump Truck
11.10.2 Drilling Rig
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Acting
12.6.2 Double Acting
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dump Truck
12.10.2 Drilling Rig
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Acting
13.6.2 Double Acting
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dump Truck
13.10.2 Drilling Rig
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Telescopic Cylinder Market: Competitive Dashboard
14.2 Global Telescopic Cylinder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wipro Infrastructure
14.3.2 Texas Hydraulics
14.3.3 Eaton
14.3.4 Parker Hannifin
14.3.5 Pacoma
14.3.6 Weber-Hydraulik
14.3.7 Ligon Industries
14.3.8 Dongyang
14.3.9 KYB
14.3.10 Hydratech
14.3.11 Wipro Infrastructure
14.3.12 Komatsu
14.3.13 Bosch Rexroth
14.3.14 Enerpac
14.3.15 Norrhydro
14.3.16 Canara Hydraulics
14.3.17 Bucher Group
14.3.18 Precision Hydraulic Cylinders
14.3.19 Nurmi Hydraulics
14.3.20 Herbert Hanchen