Market Overview:
The global hydraulic rotary actuators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydraulic rotary actuators from various end-use industries, such as construction, oil & gas, metal & mining, agriculture and industrial. In addition, the growing awareness about energy efficiency is also propelling the growth of this market. On the basis of type, single-cylinder hydraulic rotary actuators are expected to account for a major share of the global hydraulic rotary actuators market during the forecast period. This can be attributed to their low cost and easy installation as compared to multi-cylinder hydraulic rotary actuators.
Product Definition:
A hydraulic rotary actuator uses a fluid, usually oil, to generate power. This power is then used to turn an object, such as a wheel or a valve. The importance of hydraulic rotary actuators is that they can provide large amounts of torque with very little input force. This makes them ideal for use in heavy machinery and other applications where high power is needed.
Single-cylinder Hydraulic Rotary Actuators:
Single-cylinder hydraulic rotary actuators are used in a wide range of applications including pumps, valves, compressors and fans. They are also used as shut-off valves for the oil supply to various parts of an engine. The growth factor for this market is driven by factors such as growing demand from end-use industries such as power generation and automotive along with technological advancements in terms of design and cost effectiveness offered by single cylinder actuators.
Multi-cylinders Hydraulic Rotary Actuators:
Multi-cylinders hydraulic rotary actuators are used in the market to control and monitor the flow of liquids and gases. It is widely used in process industries such as petrochemical, chemical, oil & gas, power generation plants among others. The multi-cylinder hydraulic rotary actuator has a cylinder with multiple ports that allow fluid or gas to pass through it by using valves placed at strategic points. These cylinders can be single or double acting depending on the application requirements.
Application Insights:
The construction application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing urbanization, which has resulted in increased demand for construction equipment such as backhoe loaders and excavators, thereby augmenting product demand.
The oil & gas application segment is expected to witness significant growth over the forecast period owing to high product penetration in this industry due to its ability of handling heavy-duty operations with ease and efficiency. Furthermore, hydraulic rotary actuators are used for various applications including drilling mud pumps, cement mills, well testing services providers as well as onshore/offshore activities across all major industries such as upstream & midstream oil & gas along with petrochemical plants and metal mines among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrial output, coupled with rising government investments in infrastructure development. China is considered as one of the major countries contributing toward overall Asia Pacific growth owing to rapid industrialization along with a significant rise in foreign investments.
The demand for rotary actuators from various end-use industries such as construction, oil & gas, metal & mining and agriculture varies significantly across regions due to different environmental conditions and requirements associated with each industry. For instance, agricultural applications require robust hydraulic rotary actuators for heavy machinery application such as tillers and ploughs while light-duty equipment including cultivators requires single-cylinder hydraulic rotary actuator units or motors driven by electric motor/s.
Growth Factors:
- Increasing demand for hydraulic rotary actuators in the automotive industry for power steering systems and braking systems.
- Growing demand from the construction and mining industries for actuation of valves, gates, and other equipment.
- Increasing use of hydraulic rotary actuators in process automation applications across various industries.
- Rising popularity of electric vehicles which are equipped with advanced power steering systems that use hydraulic rotary actuators for efficient operation.
- Technological advancements that have led to the development of more compact and energy-efficient hydraulic rotary actuators
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Rotary Actuators Market Research Report
By Type
Single-cylinder Hydraulic Rotary Actuators, Multi-cylinders Hydraulic Rotary Actuators, Others
By Application
Construction, Oil & Gas, Metal & Mining, Agriculture, Industrial
By Companies
Parker Hannifin, PHD, Helac Corporation, Rotork, Exlar, Moog, Flowserve, Pentair, Bosch Rexroth, SMC Corporation, Micromatic, Eckart, HKS Dreh-Antriebe, Rotomation, Rima Group
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Rotary Actuators Market Report Segments:
The global Hydraulic Rotary Actuators market is segmented on the basis of:
Types
Single-cylinder Hydraulic Rotary Actuators, Multi-cylinders Hydraulic Rotary Actuators, 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
Construction, Oil & Gas, Metal & Mining, Agriculture, Industrial
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:
- Parker Hannifin
- PHD
- Helac Corporation
- Rotork
- Exlar
- Moog
- Flowserve
- Pentair
- Bosch Rexroth
- SMC Corporation
- Micromatic
- Eckart
- HKS Dreh-Antriebe
- Rotomation
- Rima Group
Highlights of The Hydraulic Rotary Actuators 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-cylinder Hydraulic Rotary Actuators
- Multi-cylinders Hydraulic Rotary Actuators
- Others
- By Application:
- Construction
- Oil & Gas
- Metal & Mining
- Agriculture
- Industrial
- 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 Hydraulic Rotary Actuators 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.
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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?
Hydraulic rotary actuators are a type of electric motor that use hydraulic fluid to power the rotor. This allows them to be compact and lightweight, which makes them ideal for applications where space is at a premium. They can also be used in conjunction with other types of motors to create complex motion systems.
Some of the major companies in the hydraulic rotary actuators market are Parker Hannifin, PHD, Helac Corporation, Rotork, Exlar, Moog, Flowserve, Pentair, Bosch Rexroth, SMC Corporation, Micromatic, Eckart, HKS Dreh-Antriebe, Rotomation, Rima Group.
The hydraulic rotary actuators market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Rotary Actuators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Rotary Actuators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Rotary Actuators Market - Supply Chain
4.5. Global Hydraulic Rotary Actuators Market Forecast
4.5.1. Hydraulic Rotary Actuators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Rotary Actuators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Rotary Actuators Market Absolute $ Opportunity
5. Global Hydraulic Rotary Actuators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Rotary Actuators Market Size and Volume Forecast by Type
5.3.1. Single-cylinder Hydraulic Rotary Actuators
5.3.2. Multi-cylinders Hydraulic Rotary Actuators
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Rotary Actuators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Rotary Actuators Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Oil & Gas
6.3.3. Metal & Mining
6.3.4. Agriculture
6.3.5. Industrial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Rotary Actuators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Rotary Actuators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Rotary Actuators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Rotary Actuators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Rotary Actuators Demand Share Forecast, 2019-2026
9. North America Hydraulic Rotary Actuators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Rotary Actuators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Rotary Actuators Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Oil & Gas
9.4.3. Metal & Mining
9.4.4. Agriculture
9.4.5. Industrial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Rotary Actuators Market Size and Volume Forecast by Type
9.7.1. Single-cylinder Hydraulic Rotary Actuators
9.7.2. Multi-cylinders Hydraulic Rotary Actuators
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Rotary Actuators Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Rotary Actuators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Rotary Actuators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Rotary Actuators Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Oil & Gas
10.4.3. Metal & Mining
10.4.4. Agriculture
10.4.5. Industrial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Rotary Actuators Market Size and Volume Forecast by Type
10.7.1. Single-cylinder Hydraulic Rotary Actuators
10.7.2. Multi-cylinders Hydraulic Rotary Actuators
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Rotary Actuators Demand Share Forecast, 2019-2026
11. Europe Hydraulic Rotary Actuators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Rotary Actuators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Rotary Actuators Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Oil & Gas
11.4.3. Metal & Mining
11.4.4. Agriculture
11.4.5. Industrial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Rotary Actuators Market Size and Volume Forecast by Type
11.7.1. Single-cylinder Hydraulic Rotary Actuatrs
11.7.2. Multi-cylinders Hydraulic Rotary Actuators
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Rotary Actuators Demand Share, 2019-2026
12. Asia Pacific Hydraulic Rotary Actuators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Rotary Actuators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Rotary Actuators Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Oil & Gas
12.4.3. Metal & Mining
12.4.4. Agriculture
12.4.5. Industrial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Rotary Actuators Market Size and Volume Forecast by Type
12.7.1. Single-cylinder Hydraulic Rotary Actuators
12.7.2. Multi-cylinders Hydraulic Rotary Actuators
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Rotary Actuators Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Rotary Actuators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Rotary Actuators Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Rotary Actuators Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Oil & Gas
13.4.3. Metal & Mining
13.4.4. Agriculture
13.4.5. Industrial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Rotary Actuators Market Size and Volume Forecast by Type
13.7.1. Single-cylinder Hydraulic Rotary Actuators
13.7.2. Multi-cylinders Hydraulic Rotary Actuators
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Rotary Actuators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Rotary Actuators Market: Market Share Analysis
14.2. Hydraulic Rotary Actuators Distributors and Customers
14.3. Hydraulic Rotary Actuators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Parker Hannifin
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PHD
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Helac Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Rotork
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Exlar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Moog
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Flowserve
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Pentair
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bosch Rexroth
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. SMC Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Micromatic
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Eckart
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HKS Dreh-Antriebe
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rotomation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Rima Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
