Growing Use of Hydraulic Cylinders in Waste Management Vehicles
The ongoing trend of industrialization, urbanization and economic growth have resulted in an increased municipal solid waste especially in cities with high population. Increasing volume of waste negatively impacts every aspect of society of a country damaging to the environment and surrounding habitat. Failing to address such problems strategically leads to long term impact on environment and public health influencing national economies on destructive way. Due to such factors, economies are increasingly focusing on waste management strategies and thus gradually adopting waste management vehicles. Waste management vehicles are used for picking up waste and then moving it to landfills or other places where waste materials were managed and treated. Hydraulic cylinders are commonly used in waste management vehicles such as garbage trucks, trash compactors and others, for pushing or dumping waste out. Nearly every garbage truck uses hydraulic systems as hydraulic systems makes far easier to load, lift, and transport both solid and liquid types of waste. Additionally, hydraulic systems are commonly found at dumpsites and landfills to lift and dump the garbage. Trash compactors need a huge amount of power to compact waste efficiently, which depends on hydraulic systems. Waste management vehicles uses multiple hydraulic cylinders to dump a standard-issue garbage bin into the truck’s side hopper. Without reliable hydraulic systems, waste management systems are not effective and are a challenging task. Due to such factors, key market players were increasingly focusing on developing efficient waste management vehicles deployed with hydraulic cylinders. For instance, FULONGMA GROUP Co., Ltd. is providing pure electric garbage compactor truck composed of sealed garbage compartments, hydraulic systems, and operating systems. Thus, increasing the use of hydraulics cylinders in waste management vehicles for controlling, lifting, filling, compacting, and dumping waste, drives the market growth in the forecast period.
North America Automotive Hydraulic Cylinders
Market Overview
North America has the world's most developed industrial sector. With the increasing scale of manufacturing in the automotive sector, the demand for waste management vehicles is also growing in the region, which is a major factor supporting the automotive hydraulic cylinder market growth in this region. The market in this region is further segmented into the US, Canada, and Mexico.
North America Automotive Hydraulic Cylinders
Market
Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the North America Automotive Hydraulic Cylinders provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Automotive Hydraulic Cylinders refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.North America Automotive Hydraulic Cylinders Strategic Insights
North America Automotive Hydraulic Cylinders Report Scope
Report Attribute
Details
Market size in 2022
US$ 235.47 Million
Market Size by 2028
US$ 324.11 Million
Global CAGR (2022 - 2028)
5.5%
Historical Data
2020-2021
Forecast period
2023-2028
Segments Covered
By Type
By Truck Type
By Mounting Type
Regions and Countries Covered
North America
Market leaders and key company profiles
North America Automotive Hydraulic Cylinders Regional Insights
North America Automotive Hydraulic Cylinders
Market
Segmentation
The North America automotive hydraulic cylinders market is segmented on the basis of type, truck type, mounting type, and country. Based on type, the North America automotive hydraulic cylinders market is bifurcated into single acting cylinders and double acting cylinders. The single acting cylinders segment held a larger market share in 2022.
Based on truck type, the North America automotive hydraulic cylinders market is segmented into car carriers, garbage compactors, hook loader, tipping vehicles, drop deck trailer, and modular trailer. The tipping vehicles segment held the largest market share in 2022.
Based on mounting type, the North America automotive hydraulic cylinders market is bifurcated into rod end and cap end. The cap end segment held a larger market share in 2022.
Based on country, the North America automotive hydraulic cylinders market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.
Wastebuilt Environmental Solutions LLC; Wipro Enterprises Ltd; Montanhydraulik GmbH; Muncie Power Products Inc.; Binotto SRL; and Hyva Holding BV are the leading companies operating in the North America automotive hydraulic cylinders market.
The North America Automotive Hydraulic Cylinders Market is valued at US$ 235.47 Million in 2022, it is projected to reach US$ 324.11 Million by 2028.
As per our report North America Automotive Hydraulic Cylinders Market, the market size is valued at US$ 235.47 Million in 2022, projecting it to reach US$ 324.11 Million by 2028. This translates to a CAGR of approximately 5.5% during the forecast period.
The North America Automotive Hydraulic Cylinders Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Automotive Hydraulic Cylinders Market report:
The North America Automotive Hydraulic Cylinders Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Automotive Hydraulic Cylinders Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Automotive Hydraulic Cylinders Market value chain can benefit from the information contained in a comprehensive market report.