The hydraulic cylinders industry is one of the many sectors that make up the larger industrial hydraulics industry.
Hydraulic cylinders are mechanical actuators that deliver unidirectional force via unidirectional strokes. The most common applications of hydraulic cylinders include construction equipment, civil engineering and manufacturing machinery.
Overall, some uses of these cylinders include:
• Hydraulic presses
• Packing machines
• Cranes
• Forges
• Agricultural machines
• Marine equipment
• Construction vehicles
• Loaders
• Balers
• Excavators
• Dump trucks
• Many more
Some experts predict that by 2023, the hydraulic cylinder market will be worth $19.3 billion, while others have more conservative estimates of it reaching $16.3 billion by 2025. To put this in perspective, explore the current hydraulic cylinders industry and the top companies within it.
Figures to Position the Hydraulic Cylinders Industry
According to data collected by IndustryNet, the hydraulic cylinders industry currently consists of 191 companies, offering 6,236 jobs. One year ago, there were 6,062 jobs, indicating an increase of 2.87% in the past year. The average current sales in the industry are $757.5 million, compared to $733.6 million a year ago - an increase of 3.25%.
By comparison, the entire industrial hydraulics industry has 1,656 companies, 54,819 jobs, and current average sales of $23.9 billion. As such, hydraulic cylinders account for 11.53% of companies, 11.38% of jobs, and 3.18% of sales within industrial hydraulics.
Top Companies by Number of Employees
The following are the top companies within the industry of hydraulic cylinders based on the number of employees:
1. Actuant Corp. in Menomonee Falls, WI: 650 Employees
This company focuses on hydraulic and pneumatic cylinders along with valves and pumps.
2. Caterpillar Inc., Sumter Hydraulic Facility in Sumter, SC: 270 Employees
This company focuses specifically on hydraulic cylinders, including fluid power cylinders and actuators.
3. Rosenboom Machine & Tool Inc., Ohio Div. in Bowling Green, OH: 250 Employees
This company produces hydraulic cylinders, including actuators and fluid power cylinders.
4. Jarp Industries Inc. in Schofield, WI: 215 Employees
This company creates custom hydraulic cylinders as well as remanufactured cylinders, cylinder rods, manifold blocks, rotary swivels and manifolds, seal kits, barrels, welded structures, intensifiers and custom accumulators.
5. Martin Co., D.L. in Mercersburg, PA: 200 Employees
This company produces hydraulic cylinders as well as machined parts and focuses on fabrication.
6. Precision Hydraulic Cylinders Inc. in Beulaville, NC: 165 Employees
This company manufactures hydraulic cylinders designed for mobile equipment and material handling industries.
7. Energy Mfg. Co., Inc. in Monticello, IA: 150 Employees
This company creates custom hydraulic cylinders as well as power systems, pumps and valves.
8. Eaton Corp. in Jackson, MI: 150 Employees
This is one branch of the company, and it focuses on hydraulic cylinders in particular.
9. Columbus Hydraulics Co., Inc. in Columbus, NE: 150 Employees
This company specializes in custom welded hydraulic cylinders.
10. Custom Hoists Inc. in Ashland, OH: 150 Employees
This company manufactures hydraulic telescopic and piston cylinders.
11. Parker Hannifin Corp., Cylinder Div. in St. Marys, OH: 140 Employees
This company produces hydraulic and air cylinders as well as fasteners and couplings.
Conclusion
The hydraulic cylinder industry is growing, possibly due to its numerous applications. It makes up a key sector within the larger industrial hydraulics industry. This is a sector to watch that includes many leading companies spread throughout the U.S. Click here to see the full list of hydraulic cylinder manufacturers in the U.S. today.
