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Hydraulic Actuators Market

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Key Factors of the <strong>Market</strong><br />

• <strong>Hydraulic</strong> <strong>Actuators</strong> <strong>Market</strong> is expected to garner $2.4 billion by 2022,<br />

registering a CAGR of 3.6% during the forecast period 2016 – 2022<br />

• <strong>Hydraulic</strong> systems are used in various mobile and industrial applications in<br />

order to perform a wide variety of tasks<br />

• Increasing usage of hydraulic systems in mining, construction, and<br />

agricultural equipment has supplemented the overall market growth<br />

• Moreover, the integration of hydraulics with electronics has expanded the<br />

usage of hydraulic cylinders in applications areas such as renewable energy

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