Hydraulic Cylinder Market Worth $15.8 Billion by 2025 – Exclusive Report by MarketsandMarkets™

According to the new market research report "Hydraulic Cylinder Market with COVID-19 impact, by Function (Double-Acting, Single-Acting), Specification (Welded, Tie-Rod, Telescopic, Mill-Type), Application (Mobile and Industrial), Bore Size, Industry, and Region – Global Forecast to 2025", published by MarketsandMarkets™, the global Hydraulic Cylinder Market size is projected to reach USD 15.8 billion by 2025 from USD 13.4 billion in 2020 at a CAGR of 3.3%. The market growth is fueled by rising demand from the construction industry, growing use in mining equipment, and increasing demand for material handling equipment.

Leave a Reply

Your email address will not be published. Required fields are marked *