Hydraulic Cylinder Market Set To Hit $16.5 Billion By 2025!
*Source: Allied Market Research
Hydraulic Cylinder Manufacturing Is A Competitive Market Place
Like most other industries nowadays outsourcing is a key strategy for the hydraulics industry where lean manufacturing processes have made these companies sustainable and highly profitable in developed economies around the world. There is significant pressure from low-cost manufacturing locations like China and India etc at the finished product level to OEM‘s but with the right strategy companies in Europe and the US are able to compete and provide a better service to their customers. Companies that have really analysed customers’ requirements have found that it’s really down to diameters and lengths, quality and customer service in a nutshell.
A lot of these companies have outsourced many of the common parts like cylinder ends, pistons and rod ends and become experts in automated assembly and testing. The supply chains have been fine-tuned for tube, rod and the above-mentioned components making these companies a sleek manufacturing operation competing globally and winning contracts against the toughest competition.
In many cases, there was always an element of outsourcing for components that couldn’t be manufactured in-house but now this process has been accelerated over time. Access to creditable sources for these key components has been critical to the success of many of these hydraulic cylinder manufacturing companies.
*Source: Allied Market Research
China Is Still A Highly Regarded Manufacturing Centre
For medium to large size businesses that need to be able to compete globally in their chosen market and do not have a presence in China, accessing this manufacturing centre is crucial. No matter what the market sector is, in general competition is everywhere. If not in the immediate term with such a rapid moving pace of market sectors nowadays it is only a matter of time before a company is under pressure and margins are squeezed.
This upwards trend in manufacturing companies looking to outsource parts and component production, specifically to the Far East is set to continue as the market expands moreover when these hydraulic companies need to grow and survive in the market.
“Hydraulic Cylinder Parts Must be Manufactured to High Standards with Very Limited Room for Error”
Hydraulic cylinder parts must be manufactured to high standards with very limited room for error. The hydraulic cylinder industry is extremely competitive so any unexpected issues will be hugely detrimental. Manufacturing companies cannot afford to receive parts that do not meet their standards as this will only result in downtime, loss of revenue and reputation will be tarnished. Manufacturing assembly lines are moving too fast nowadays and have no scope for delays and quality-related issues which makes the supply chain even more critical than before.
Hydraulic Cylinder Parts Must Be High Quality, Low Price
Hydraulic cylinder manufacturers must be able to source the parts they need for the lowest possible price; such is the cost pressures within the industry. Outsourcing manufacturing to Eastern Europe, Turkey and the Far Eastern countries China and India are the go-to locations. This is a resilient market that is growing continually, and we will continue to see growth within the hydraulic cylinder market with an expectant value of over $16.5 billion by 2025.
About Donlouco
Supplier of Components to the Hydraulics Industry
Donlouco is a supplier of components to the hydraulics industry and have a strong track record of supplying hydraulic cylinder parts to customers in Ireland, United Kingdom, and Europe.
Donlouco’s expertise is in the area of manufacturing engineering, supply chain management and cost control while reducing the liabilities and risks for customers. Donlouco works with customers to provide the best possible solutions from a tooling, material, process and quality point of view for the supply of hydraulic cylinder components and parts.
Outsourcing Manufacturing to China
We have helped our customers realise the benefits of having hydraulic cylinder parts manufactured in China. This is made possible by having our own CNC Machining facility in Jiashan, Shanghai. Along with forging capabilities through our approved network.
All our Hydraulic Cylinder Components including Threaded Forged and Machined Pistons, Forged Rod Ends, Threaded Gland Nuts and Forged and Machined Cylinder Bases are manufactured to the highest possible standards and to exact customer requirements.