London, 24 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Hydraulic Cylinders Market 2014-2018, which is expected to grow at a CAGR of 4.73 percent during the period 2013-2018.
“By providing integrated solutions and services, the vendors are capable of distinguishing themselves from other competitors and generating more revenue with a lower overall operational cost and fewer related MRO and other aftermarket activities,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
- Expansion of End-user Operating Base
- Emergence of Smart Electro-hydraulic Hybrid Systems
- Increased Investment in Overseas Production Units
Key Market Trends
- One-stop Shop Solution and Services
- Online Sales via E-commerce Activities
- Increased Focus on Higher Efficiency and Niche Technology
Key Market Vendors
- Bosch Rexroth AG
- Caterpillar Inc.
- Eaton Corp. plc
- Parker Hannifin Corp.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
