North America Automotive Hydraulic Cylinders Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Type (Single Acting Cylinders and Double Acting Cylinders), Truck Type (Car Carriers, Garbage Compactors, Hook Loader, Tipping Vehicles, Drop Deck Trailer, and Modular Trailer), and Mounting Type (Rod End and Cap End)


No. of Pages: 102    |    Report Code: BMIRE00027995    |    Category: Manufacturing and Construction

North America Automotive Hydraulic Cylinders Market
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The North America automotive hydraulic cylinders market is expected to grow from US$ 235.47 million in 2022 to US$ 324.11 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2022 to 2028.

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)

North America Automotive Hydraulic Cylinders Market Revenue and Forecast to 2028 (US$ Million)
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North America Automotive Hydraulic Cylinders Strategic Insights

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.

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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
  • Single Acting Cylinders
  • Double Acting Cylinders
By Truck Type
  • Car Carriers
  • Garbage Compactors
  • Hook Loader
  • Tipping Vehicles
  • Drop Deck Trailer
  • Modular Trailer
By Mounting Type
  • Rod End
  • Cap End
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Wastebuilt Environmental Solutions LLC
  • Wipro Enterprises Ltd
  • Montanhydraulik GmbH
  • Muncie Power Products Inc.
  • Binotto SRL
  • Hyva Holding BV
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    North America Automotive Hydraulic Cylinders Regional Insights

    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.

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    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 List of Companies - North America Automotive Hydraulic Cylinders Market

    1. Wastebuilt Environmental Solutions LLC
    2. Wipro Enterprises Ltd
    3. Montanhydraulik GmbH
    4. Muncie Power Products Inc.
    5. Binotto SRL
    6. Hyva Holding BV
    Frequently Asked Questions
    How big is 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.

    What is the CAGR for North America Automotive Hydraulic Cylinders Market by (2022 - 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.

    What segments are covered in this report?

    The North America Automotive Hydraulic Cylinders Market report typically cover these key segments-

    • Type (Single Acting Cylinders, Double Acting Cylinders)
    • Truck Type (Car Carriers, Garbage Compactors, Hook Loader, Tipping Vehicles, Drop Deck Trailer, Modular Trailer)
    • Mounting Type (Rod End, Cap End)

    What is the historic period, base year, and forecast period taken for North America Automotive Hydraulic Cylinders Market?

    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:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in North America Automotive Hydraulic Cylinders Market?

    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:

  • Wastebuilt Environmental Solutions LLC
  • Wipro Enterprises Ltd
  • Montanhydraulik GmbH
  • Muncie Power Products Inc.
  • Binotto SRL
  • Hyva Holding BV
  • Who should buy this report?

    The North America Automotive Hydraulic Cylinders Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    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.

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