Hydraulic Cylinder Market Summary

The global hydraulic cylinder market size was estimated at USD 16.46 billion in 2024 and is projected to reach USD 24.73 billion by 2033, growing at a CAGR of 4.8 percent from 2025 to 2033. The steady market expansion is primarily driven by the increasing adoption of industrial automation across major sectors such as manufacturing, construction, agriculture, and mining. As industries continue to modernize operations and incorporate automated machinery, the need for reliable and high-performance motion control systems is rising, directly contributing to the demand for hydraulic cylinders.

Hydraulic cylinders are widely valued for their ability to provide high force output, precise control, and long-term durability, making them critical components in automated equipment and heavy-duty machinery. They play a central role in enabling smooth and efficient motion control in various industrial processes. Advancements in hydraulic technology, along with the ongoing shift toward smart manufacturing practices, are expected to further support market growth. These cylinders are especially important in construction, manufacturing, and agriculture, where productivity, equipment reliability, and operational efficiency are essential for maintaining competitiveness and meeting production targets.

Key Market Trends & Insights

• Asia Pacific led the global hydraulic cylinder market in 2024, capturing a dominant revenue share of 40.2 percent. This strong regional presence is supported by rapid industrialization, increasing construction activities, and the growing adoption of advanced machinery across emerging economies.
• The hydraulic cylinder market in India is projected to grow at a CAGR of 6.1 percent over the forecast period, driven by infrastructure development, expansion of manufacturing facilities, and increased investment in mechanized agricultural equipment.
• In terms of product, the welded segment dominated the market, accounting for a revenue share of 53.8 percent in 2024. The popularity of welded cylinders is attributed to their robust construction, high strength, and suitability for demanding applications.
• Based on function, the double-acting segment dominated the market and accounted for a revenue share of 71.5 percent in 2024, reflecting their efficiency and versatility in providing controlled movement in both directions.
• On the basis of application, the mobile segment dominated the market in 2024, capturing a 51.9 percent revenue share, supported by their extensive use in mobile machinery such as excavators, loaders, and agricultural equipment.

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Market Size & Forecast

• 2024 Market Size: USD 16.46 Billion
• 2033 Projected Market Size: USD 24.73 Billion
• CAGR (2025-2033): 4.8%
• Asia Pacific: Largest market in 2024

Key Companies & Market Share Insights

Some key players operating in the market include SMS Corporation and Parker-Hannifin Corporation, among others.

• SMC Corporation is a global manufacturer specializing in pneumatic and industrial automation components. The company initially focused on sintered metal filters but later expanded into pneumatic equipment and automatic control systems. SMC’s product portfolio includes actuators, directional control valves, filtration equipment, vacuum systems, temperature control devices, and high-purity chemical handling components.
• Parker-Hannifin Corporation is a globally operating company involved in motion and control technologies. The company serves a wide range of markets, such as life sciences, oil and gas, power generation, and aerospace, with a global presence across the Americas, Europe, Asia Pacific, the Middle East, and Africa.

Key Players

• Eaton
• SMC Corporation
• Liebherr-International Deutschland GmbH
• Parker-Hannifin Corporation
• Caterpillar
• Bosch Rexroth AG
• Lehigh Fluid Power, Inc.
• Jiangsu Hengli Hydraulic Co., Ltd.
• WEBER-HYDRAULIK GMBH
• Burnside Autocyl
• Pacoma GmbH( Leggett & Platt, Inc.)
• Charvát Group s.r.o.
• SHC, Inc.
• Yates Industries, Inc.
• Texas Hydraulics, Inc.

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Conclusion

The hydraulic cylinder market is poised for steady growth as industries continue to embrace automation and advanced machinery to improve productivity and operational precision. With strong adoption across manufacturing, construction, agriculture, and mining, hydraulic cylinders remain essential for delivering high-force, reliable, and efficient motion control. Regional markets such as Asia Pacific and India are expected to play a key role in driving future expansion due to rapid industrial development. As technological advancements enhance the performance and durability of hydraulic systems, demand for innovative and robust hydraulic cylinders will continue to increase, supporting sustained market growth through 2033.