A piston is a disc shaped component that is fitted around reciprocating engines and pneumatic cylinders that works as a moving component contained by the engines. Cylinders are used to convert the fluid power into mechanical motion, wherein pistons help in transforming energy into desired mechanical energy. With an aim to keep the friction at a minimum level and to prevent combustion gases from evading the piston, several metal rings are fitted around the piston.
The booming automotive industry is expected to generate the need for the global piston cylinder market. Increasing consumer disposable income has resulted in a surging demand for automobiles, which is thereby expected to catalyze the need for piston cylinders to optimize the efficiency of the vehicles. Moreover, significant growth in the marine industry is also expected to boost the demand for this market.
Besides, the pistons are capable of reaching high pressures and remain unaffected incase of changes in the pressure amount. This benefit is further expected to fuel the growth of the global piston cylinder market during the forecast period. However, the growth of the market is expected to be hampered by restraints such as mechanical parts that are prone to wear off, thereby incurring heavy costs of maintenance.
The market is segmented on the basis of product type, end-user industry, and geography. On the basis of product type, it is classified into single pole and double pole. Based on end-user industry, it is segmented into marine, automotive, agriculture, and others (oil & energy). Geographically, the market has been analyzed across North America, Asia-Pacific, Europe, and LAMEA.
The key players that operate in the global piston cylinder industry are Bosch Rexroth, Canara Hydraulics, Caterpillar, Dongyang, Eaton, Enerpec, Hydratech, Hydraulics, Komatsu, and Ligon Industries.
- The study provides an in-depth analysis of the global piston cylinder industry and current & future trends to elucidate imminent investment pockets.
- Information about key drivers, restraints, opportunities, and their impact analysis on the market has been provided.
- Porters five forces analysis illustrates the potency of buyers & suppliers that operate in the industry.
- The quantitative analysis of the global piston cylinder market from 2017 to 2023 is provided to determine the market potential.
Piston Cylinder Market Key Segments:
By Product Type
- Single Pole
- Double Pole
By End-User Industry
- Others (oil & energy)
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- The Middle East
Key Market Players
- Bosch Rexroth
- Canara Hydraulics
- Ligon Industries.