The Global Electromechanical Cylinders Market Growth 2019-2024 Report added by DecisionDatabases.com gives an in depth industry analysis of the market. It covers the costing, sales, revenue details and forecasts.
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.
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.
According to this study, over the next five years the Electromechanical Cylinders market will register a 5.8% CAGR in terms of revenue, the global market size will reach US$ 550 million by 2024, from US$ 400 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electromechanical Cylinders business, shared in Chapter 3.
Browse the complete Electromechanical Cylinders market Report and TOC @ https://www.decisiondatabases.com/ip/20526-electromechanical-cylinders-market-analysis-report
The key manufacturers covered in this report:
Bosch Rexroth AG
SKF
BJ-Gear
Parker
Tsubakimoto
RACO
Moog Flo-Tork
Mul-T-Lock
Exlar
Linearmech
Venture
AIM
Segmentation by product type: