Electromechanical Cylinders Market Size, Growth Drivers, Opportunity and Forecast 2025
The global Electromechanical Cylinders market was 400 million US$ in 2018 and is expected to 630 million US$ by the end of 2025, growing at a CAGR of 6.0% between 2019 and 2025.
Los Angeles, CA -- (SBWire) -- 04/29/2019 --This report studies the Electromechanical Cylinders market, the Electromechanical Cylinder is a contained precision rolled ball screw actuator designed to provide high thrust/speed capability with greater flexibility and control to applications traditionally using Hydraulic and/or Electromechanical Cylinders.
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First, as for the Electromechanical Cylinders industry, the industry structure is relatively concentrated. The top five manufacturers are Parker, SKF, Tsubakimoto, Bosch Rexroth AG, Linearmech, which are close to 43.87 per cent totally in 2015 global production. The Parker which has 10.69% market share in 2016 is the leader in the Electromechanical Cylinders industry. The manufacturers following Parker are SKF and Tsubakimoto, which respectively has 9.54% and 9.31% market production share in 2016.
Second, the global consumption of Electromechanical Cylinders products rises up from 161690 units in 2012 to 208640 units in 2016, with a CAGR of 6.58%. At the same time, the revenue of world Electromechanical Cylinders sales market has a leap from 298.54 million dollar in 2012 to 373.46 million dollar in 2016.
Third, Europe is the largest production region for Electromechanical Cylinders with 38.14% production share in 2016, and North America is the largest Consumption region for Electromechanical Cylinders with 30.61% consumption share in 2016.
This report studies the Electromechanical Cylinders market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Bosch Rexroth AG
SKF
BJ-Gear
Parker
Tsubakimoto
RACO
Moog Flo-Tork
Mul-T-Lock
Exlar
Linearmech
Venture
AIM
By the product type, the market is primarily split into:
<100mm/s
100mm/s-500mm/s
500mm/s-1000mm/s
Other
By the end users/application, this report covers the following segments:
Food industry (Food & Beverage)
Medical industry
Automotive Industry
Other
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