U.S. Fluid Power Cylinder and Actuator Market – Analysis and Outlook to 2025
According to the report, the value of fluid power cylinder and actuator production in the U.S. totaled $6.3B in 2016, going down by -6.0% Y-o-Y. Overall, the U.S. fluid power cylinder and actuator output pursued a measured growth from 2007 to 2016. The total output figures increased at an average annual rate of +1.5%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most prominent growth was recorded in 2010, when the value of production increased by +14% against the previous year level. Over the period under review, the output figure with regard to fluid power cylinder and actuator in the United States attained its maximum level of $6.8B in 2013. Afterwards, the growth in terms of the fluid power cylinder and actuator production failed to regain its strength through to 2016.
Aerospace-type fluid power cylinders and actuators, hydraulic and pneumatic accounted for the highest share (39% in 2016) of U.S. fluid power cylinder and actuator manufacturing, leaving a considerable room for nonaerospace-type hydraulic fluid power cylinders and actuators, linear and rotary (38%). The other related products with less notable individual shares together comprised approx. 23% of the total output. From 2008 to 2016, the value of shipments of aerospace-type fluid power cylinders and actuators, hydraulic and pneumatic went up at an average annual rate of +4.6%. At the same time, the output of nonaerospace-type hydraulic fluid power cylinders and actuators, linear and rotary picked up by an average +1.9% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. fluid power cylinder and actuator industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the fluid power cylinder and actuator industry. The report provides a forecast of the expected changes in the fluid power cylinder and actuator market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.