11 Aug
2022
There has been a remarkable surge in the demand for hydraulic cylinders over the last few decades, owing to the rise in demand for material handling equipment. The construction industry is gaining massive momentum due to rapid urbanization, increase in the construction of residential and commercial buildings, and surge in population. Apart from that, increase in demand for cranes, rise in concerns to reduce labor costs in various developing countries, and increase in investment in the infrastructure-related activities and construction activities are further expected to drive the growth of the global hydraulic cylinders market. According to the report published by Allied Market Research, the hydraulic cylinders are expected to reach 21.24 billion by 2030, growing at a CAGR of 4.2% from 2021 to 2030. Companies are increasingly focusing on developing hydraulic cylinder products that further create remunerative opportunities for the market.
Numerous players of the market in various countries are launching innovative hydraulic cylinder products to effectively cater to needs and demand of various industries. For instance, Enerpac Tool Group, a dominant company engaged in providing high pressure hydraulic tools, controlled force products, portable machining, on-site services and solutions for precise positioning of heavy loads, announced the launch of its next evolution of the legendary Enerpac RC-Series hydraulic cylinders called RC-Trio.
RC-Trio features a new Trio bearing system that is equipped with up to four high-performance wear bands. These bands essentially provide enhanced resistance to damage, minimizes bearing load, and offers a much longer cylinder lifespan than most conventional hydraulic cylinders.
In addition, RC-Trio’s new Trio spring system is specially designed to minimize retraction time. This pre-tensioned return spring system provides up to three times faster retraction. The distinctive spring retention design not only enhances serviceability but also facilitates higher pre-load during assembly.
The trend of launching and upgrading innovative hydraulic cylinder products in various countries continues to gain massive momentum. For instance, The Cylinder Division of Parker Hannifin Corporation, the global leader in motion and control technologies, announced that it launched an updated Taiyo America compact hydraulic cylinder called U160S/U100S.
The updated Taiyo America compact hydraulic cylinder U160S/U100S provides a new optional pilot gland and an optimized sealing technology. Taiyo America’s U160S/U100S compact hydraulic cylinders incorporate a new polyurethane rod seal with multiple sealing edges that are self-compensating and self-relieving to withstand pressure variations and conform to mechanical deflection that may occur. This is mainly because polyurethane material provides an impeccable wear resistance against contaminants that enter the system and improve seal life for longevity of the cylinder.
Thus, new and revolutionary hydraulic cylinder launches coupled with rapid industrialization and surge in investment in the infrastructure-related activities and construction activities are further expected to create ample opportunities for the growth of the market.
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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