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North America Automotive Hydraulic Cylinders Market Forecast to 2028 - COVID-19 Impact and Regional 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)
Market Report I 2023-01-30 I 102 Pages I The Insight Partners
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 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.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Automotive Hydraulic Cylinders Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Automotive Hydraulic Cylinders Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Construction Equipment and Vehicles
5.1.2 Growing Use of Hydraulic Cylinders in Waste Management Vehicles
5.2 Market Restraints
5.2.1 Suboptimal Performance and Cost Concerns Regarding Oil Leakage
5.3 Market Opportunities
5.3.1 Strategic Initiatives by Market Players
5.4 Trends
5.4.1 Smart Hydraulic Cylinders
5.5 Impact analysis of Drivers and Restraints
6. Automotive Hydraulic Cylinders Market - North America Market Analysis
6.1 North America Automotive Hydraulic Cylinders Market Overview
6.2 North America Automotive Hydraulic Cylinders Market Revenue Forecast and Analysis
7. North America Automotive Hydraulic Cylinder Market - By Type
7.1 Overview
7.2 Automotive Hydraulic Cylinder Market, By Type (2021 and 2028)
7.3 Single Acting Cylinder
7.3.1 Overview
7.3.2 Single Acting Cylinder: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Double Acting Cylinder
7.4.1 Overview
7.4.2 Double Acting Cylinder: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
8. North America Automotive Hydraulic Cylinder Market - By Truck Type
8.1 Overview
8.2 Automotive Hydraulic Cylinder Market, By Truck Type (2021 and 2028)
8.3 Car Carriers
8.3.1 Overview
8.3.2 Car Carriers: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Garbage Compactors
8.4.1 Overview
8.4.2 Garbage Compactors: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Hook Loader
8.5.1 Overview
8.5.2 Hook Loader: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Tipping Vehicles
8.6.1 Overview
8.6.2 Tipping Vehicles: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Drop Deck Trailer
8.7.1 Overview
8.7.2 Drop Deck Trailer: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
8.8 Modular Trailers
8.8.1 Overview
8.8.2 Modular Trailers: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
9. North America Automotive Hydraulic Cylinder Market - By Mounting Type
9.1 Overview
9.2 Automotive Hydraulic Cylinder Market, By Mounting Type (2021 and 2028)
9.3 Rod End
9.3.1 Overview
9.3.2 Rod End: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Cap End
9.4.1 Overview
9.4.2 Cap End: Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
10. North America Automotive Hydraulic Cylinders Market - by Country Analysis
10.1 North America: Automotive Hydraulic Cylinders Market
10.1.1 North America: Automotive Hydraulic Cylinders Market, by Key Country
10.1.1.1 US: Automotive Hydraulic Cylinders Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Automotive Hydraulic Cylinders Market, By Type
10.1.1.1.2 US: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.1.3 US: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.2 Canada: Automotive Hydraulic Cylinders Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Automotive Hydraulic Cylinders Market, By Type
10.1.1.2.2 Canada: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.2.3 Canada: Automotive Hydraulic Cylinders Market, By Mounting Type
10.1.1.3 Mexico: Automotive Hydraulic Cylinders Market - Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Automotive Hydraulic Cylinders Market, By Type
10.1.1.3.2 Mexico: Automotive Hydraulic Cylinders Market, By Truck Type
10.1.1.3.3 Mexico: Automotive Hydraulic Cylinders Market, By Mounting Type
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
12. Company Profiles
12.1 Wastebuilt Environmental Solutions LLC
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Wipro Enterprises Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Montanhydraulik GmbH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Muncie Power Products Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Binotto SRL
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Hyva Holding BV
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. North America Automotive Hydraulic Cylinders Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Automotive Hydraulic Cylinders Market, by Country - Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Automotive Hydraulic Cylinders Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Automotive Hydraulic Cylinders Market, By Truck Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Automotive Hydraulic Cylinders Market, By Mounting Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Automotive Hydraulic Cylinders Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Automotive Hydraulic Cylinders Market, By Truck Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Automotive Hydraulic Cylinders Market, By Mounting Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Automotive Hydraulic Cylinders Market, By Type - Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Automotive Hydraulic Cylinders Market, By Truck Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Automotive Hydraulic Cylinders Market, By Mounting Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Automotive Hydraulic Cylinders Market Segmentation
Figure 2. North America Automotive Hydraulic Cylinders Market Segmentation - By Country
Figure 3. North America Automotive Hydraulic Cylinders Market Overview
Figure 4. North America Automotive Hydraulic Cylinders Market, by Type
Figure 5. North America Automotive Hydraulic Cylinders Market, by Truck Type
Figure 6. North America Automotive Hydraulic Cylinders Market, by Mounting Type
Figure 7. North America Automotive Hydraulic Cylinders Market, by Country
Figure 8. North America - PEST Analysis
Figure 9. North America Automotive Hydraulic Cylinders Market - Ecosystem Analysis
Figure 10. North America Expert Opinions
Figure 11. North America Automotive Hydraulic Cylinders Market: Impact Analysis of Drivers and Restraints
Figure 12. North America Automotive Hydraulic Cylinders Market Revenue Forecast and Analysis (US$ Million)
Figure 13. North America Automotive Hydraulic Cylinder Market Revenue Share, by Type (2021 and 2028)
Figure 14. Single Acting Cylinder: North America Automotive HYDRAULIC CYLINDER Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Double Acting Cylinder: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Automotive Hydraulic Cylinder Market Revenue Share, by Truck Type (2021 and 2028)
Figure 17. Car Carriers: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Garbage Compactors: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Hook Loader: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Tipping Vehicles: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Drop Deck Trailer: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Modular Trailers: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Automotive Hydraulic Cylinder Market Revenue Share, by Mounting Type (2021 and 2028)
Figure 24. Rod End: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Cap End: North America Automotive Hydraulic Cylinder Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America: Automotive Hydraulic Cylinders Market, by Key Country - Revenue (2021) (US$ Million)
Figure 27. North America: Automotive Hydraulic Cylinders Market Revenue Share, by Key Country (2021 & 2028)
Figure 28. US: Automotive Hydraulic Cylinders Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: Automotive Hydraulic Cylinders Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: Automotive Hydraulic Cylinders Market - Revenue and Forecast to 2028 (US$ Million)
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