Market Overview:
The global rotary hydraulic actuator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for rotary hydraulic actuators in various applications such as automotive, mining, oil & gas and others. Additionally, the growing demand for energy-efficient and reliable actuators is also propelling the growth of this market.
Product Definition:
A rotary hydraulic actuator is a type of hydraulic actuator that uses a spinning rotor to create the force needed to move a valve or other mechanical component. This type of actuator is often used in high-pressure applications, as it can generate more force than other types of hydraulic actuators. Its importance lies in its ability to provide precise control over movement and output pressure, making it an ideal choice for many industrial applications.
Rack and Pinion:
Rack and pinion is a mechanical system used in automobiles to transmit torque. It's major application is in steering systems, which are used for the purpose of directional control. In automobiles, it’s generally utilized as an input device for steering wheel movement.
In the past few years, there has been tremendous growth in automotive industry mainly driven by high demand from emerging economies such as India.
Vane Type:
A vane is a closed tube structure mounted parallel to the flow of fluid. It is used in rotary hydraulic actuators for increasing or decreasing the area of application of the force acting on it. There are two types of vanes, namely fixed and variable (or moving). The type used depends on factors such as desired stroke length, maximum opening size, and pressure rating.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing automotive sector, especially in emerging markets of China, India and Brazil is expected to remain a key factor driving demand for hydraulic actuators. In addition, increasing production capacities in response to growing demand from major manufacturers such as Toyota Motor Corporation, Honda Motor Co., Ltd., Nissan Motors Ltd., Mitsubishi Electric Corp. and SuzukiMotor Co., Ltd. will drive growth further over the forecast period.
The mining application segment accounted for 15% of global market share in terms of revenue in 2017 due to high-performance requirements on shafts & motors with high reliability at low cost coupled with easy maintenance accessibility at site level which has driven innovation & development initiatives by various players involvedin rotary hydraulic actuator business including but not limited to: AGCO Corp.; Deere & Co.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers in China, Japan, India and South Korea has resulted in the high demand for rotary actuators from end-users such as automotive OEMs, component manufacturers and assemblers. Growing production of commercial vehicles including buses and trucks is also anticipated to drive product demand over the next eight years.
The growing construction industry coupled with increasing government spending on infrastructure projects such as roads, bridges rail networks across various countries including China, India Japan Thailand Vietnam Indonesia Philippines Malaysia Singapore Taiwan Thailand etc., is expected to drive product demand during the forecast period.
Growth Factors:
- Increasing demand for rotary hydraulic 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 rotary hydraulic actuators in process automation applications across various industries.
- Rising popularity of electric vehicles which require efficient brake systems that use rotary hydraulic actuators.
- Technological advancements that have led to the development of smaller, lighter, and more energy-efficient rotary hydraulic actuators
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotary Hydraulic Actuator Market Research Report
By Type
Rack and Pinion, Vane Type, Combination type
By Application
Automative, Mining, Oil & Gas, Other
By Companies
METAL WORK, Parker Hannifin Corporation, Bernard Controls, AHP Merkle GmbH, BIFFI, Moog, BANSBACH easylift, HKS Dreh-Antriebe GmbH, Rotork, Helac, Goepfert AG, OMIL, Kawasaki Precision Machinery, ATI, Eckart, ROTEX GROUP, Centork, PETRUCH GmbH, Hydropa, AHP Merkle
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Rotary Hydraulic Actuator Market Report Segments:
The global Rotary Hydraulic Actuator market is segmented on the basis of:
Types
Rack and Pinion, Vane Type, Combination type
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
Automative, Mining, Oil & Gas, Other
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:
- METAL WORK
- Parker Hannifin Corporation
- Bernard Controls
- AHP Merkle GmbH
- BIFFI
- Moog
- BANSBACH easylift
- HKS Dreh-Antriebe GmbH
- Rotork
- Helac
- Goepfert AG
- OMIL
- Kawasaki Precision Machinery
- ATI
- Eckart
- ROTEX GROUP
- Centork
- PETRUCH GmbH
- Hydropa
- AHP Merkle
Highlights of The Rotary Hydraulic Actuator 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:
- Rack and Pinion
- Vane Type
- Combination type
- By Application:
- Automative
- Mining
- Oil & Gas
- Other
- 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 Rotary Hydraulic Actuator 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A rotary hydraulic actuator is a type of hydraulic actuator that uses a rotating motion to move the pistons. This type of actuator is often used in applications where precise movement is required, such as in medical devices or aircraft engines.
Some of the major companies in the rotary hydraulic actuator market are METAL WORK, Parker Hannifin Corporation, Bernard Controls, AHP Merkle GmbH, BIFFI, Moog, BANSBACH easylift, HKS Dreh-Antriebe GmbH, Rotork, Helac, Goepfert AG, OMIL, Kawasaki Precision Machinery, ATI, Eckart, ROTEX GROUP, Centork, PETRUCH GmbH, Hydropa, AHP Merkle.
The rotary hydraulic actuator 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. Rotary Hydraulic Actuator 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. Rotary Hydraulic Actuator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rotary Hydraulic Actuator Market - Supply Chain
4.5. Global Rotary Hydraulic Actuator Market Forecast
4.5.1. Rotary Hydraulic Actuator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rotary Hydraulic Actuator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rotary Hydraulic Actuator Market Absolute $ Opportunity
5. Global Rotary Hydraulic Actuator 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. Rotary Hydraulic Actuator Market Size and Volume Forecast by Type
5.3.1. Rack and Pinion
5.3.2. Vane Type
5.3.3. Combination type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rotary Hydraulic Actuator 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. Rotary Hydraulic Actuator Market Size and Volume Forecast by Application
6.3.1. Automative
6.3.2. Mining
6.3.3. Oil & Gas
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rotary Hydraulic Actuator 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. Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator 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. Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator Demand Share Forecast, 2019-2029
9. North America Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator Market Size and Volume Forecast by Application
9.4.1. Automative
9.4.2. Mining
9.4.3. Oil & Gas
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rotary Hydraulic Actuator Market Size and Volume Forecast by Type
9.7.1. Rack and Pinion
9.7.2. Vane Type
9.7.3. Combination type
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 Rotary Hydraulic Actuator Demand Share Forecast, 2019-2029
10. Latin America Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator Market Size and Volume Forecast by Application
10.4.1. Automative
10.4.2. Mining
10.4.3. Oil & Gas
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rotary Hydraulic Actuator Market Size and Volume Forecast by Type
10.7.1. Rack and Pinion
10.7.2. Vane Type
10.7.3. Combination type
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 Rotary Hydraulic Actuator Demand Share Forecast, 2019-2029
11. Europe Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator Market Size and Volume Forecast by Application
11.4.1. Automative
11.4.2. Mining
11.4.3. Oil & Gas
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rotary Hydraulic Actuator Market Size and Volume Forecast by Type
11.7.1. Rack and Pinion
11.7.2. Vane Type
11.7.3. Combination type
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 Rotary Hydraulic Actuator Demand Share, 2019-2029
12. Asia Pacific Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator Market Size and Volume Forecast by Application
12.4.1. Automative
12.4.2. Mining
12.4.3. Oil & Gas
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rotary Hydraulic Actuator Market Size and Volume Forecast by Type
12.7.1. Rack and Pinion
12.7.2. Vane Type
12.7.3. Combination type
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 Rotary Hydraulic Actuator Demand Share, 2019-2029
13. Middle East & Africa Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator 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 Rotary Hydraulic Actuator Market Size and Volume Forecast by Application
13.4.1. Automative
13.4.2. Mining
13.4.3. Oil & Gas
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rotary Hydraulic Actuator Market Size and Volume Forecast by Type
13.7.1. Rack and Pinion
13.7.2. Vane Type
13.7.3. Combination type
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 Rotary Hydraulic Actuator Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Rotary Hydraulic Actuator Market: Market Share Analysis
14.2. Rotary Hydraulic Actuator Distributors and Customers
14.3. Rotary Hydraulic Actuator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. METAL WORK
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Parker Hannifin Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bernard Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AHP Merkle GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BIFFI
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. BANSBACH easylift
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HKS Dreh-Antriebe GmbH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Rotork
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Helac
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Goepfert AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. OMIL
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kawasaki Precision Machinery
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ATI
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Eckart
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. ROTEX GROUP
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Centork
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. PETRUCH GmbH
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Hydropa
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. AHP Merkle
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook