About Hydraulic Rotary Actuators
Rotary actuators are manual, electrical, or fluid-powered devices that convert energy into rotary, oscillatory motion. Hydraulic rotary actuators are used for high torque, heavy-duty motion applications. Increasing Use of Hydraulic Rotary Actuator Due to Faster and More Powerful than Pneumatic. Demand for Hydraulic Rotary Actuators as They Have Faster Response Rates. Increasing Demand for Commercial and Defense Aircraft and Growing Demand for Advanced Hydraulic Rotary Actuator Products among the Buyers. Focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
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The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Hydraulic Rotary Actuators market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Chiyu-hydraulics (China), Del-Tron Precision, Inc. (United States), Parker Hannifin (United States), Burr Engineering & Development Company (United States), Ultra Motion (United States), Camozzi Automation (Italy), Helac Corporation (United States), Pneumax Pneumatic India Pvt. Ltd (India), Shenzhen ZhaoWei Machinery & Electronics Co., Lt (China), Rotork (United Kingdom), Exlar (United States), FESTO (Germany) and Flowserve (United States) are some of the key players that are part of study coverage.
AMA Research has segmented the market of Global Hydraulic Rotary Actuators market by Type (Multi-cylinders Hydraulic Rotary Actuators, Single-cylinder Hydraulic Rotary Actuators, Fluid-Powered Rotary Actuators and Others), Application (Mining, Agriculture, Construction, Recycling applications. and Others) and Region.
On the basis of geography, the market of Hydraulic Rotary Actuators has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Shaft Type, the sub-segment i.e. Single-shaft will boost the Hydraulic Rotary Actuators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. Direct will boost the Hydraulic Rotary Actuators market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Increasing Demand for Commercial and Defense Aircraft and Growing Demand for Advanced Hydraulic Rotary Actuator Products Among the Buyers and Growing Trending Due to Its Compatibility High-Load Capacity
Market Growth Drivers:
Increasing Use of Hydraulic Rotary Actuator Due to Faster and More Powerful than Pneumatic and Demand for Hydraulic Rotary Actuators as They Have Faster Response Rates
Challenges for Equipment used for Automating Critical Processes Parker Hydraulic Rotary Actuators
Availability of Alternatives Like Electric Actuators
Increasing Innovation with New Materials for The Manufacture of Hydraulic Rotary Actuators and Growing Investment in Hydraulic Infrastructure Will Boost the Demand of Hydraulic Rotary Actuators
Market Leaders and their expansionary development strategies
On 19th July 2022, Parker Hannifin Corporation welcomes the announcement from the UK’s Secretary of State for Business, Energy and Industrial Strategy that, following public consultation, he accepts the competition and national security undertakings provided by Parker in relation to the Meggitt acquisition and the transaction is therefore cleared to proceed by the UK Government.
On 19th March 2020, Cowan Dynamics announces the launch of its E2HR Series Electro-Hydraulic Rotary valve actuators. Using proven technology from our E2H Series, the E2HR packs high performance into the smallest possible installation envelope for ¼ turn valve actuating applications. All hydraulic components and sensors are integrated into a single compact manifold block that also houses the actuator and integral oil reservoir.
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.