Hydraulic systems are used in various mobile and industrial applications in order to perform a wide variety of tasks. Hydraulic actuators are used in construction, agricultural and mining equipment such as excavators, loaders, trucks, tractors and others. Moreover, hydraulic cylinders are also used in application areas, such as manufacturing, nuclear power plants and others.
Over the next five years, our projects that Hydraulic Actuator will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
In this report, we covers the present scenario (with the base year being 2017) and the growth prospects of global Hydraulic Actuator market for 2018-2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Actuator market by product type, application, key manufacturers and key regions.
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To calculate the market size, we considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Linear Actuators
Rotary Actuators
Segmentation by application: