InterOcean’s Industry Perspective, Fluid Power: Hydraulic Cylinder Sector Report provides an overview of current industry dynamics, outlooks for important end markets, and insight to the current M&A environment.
With increased demand for material handling equipment, expected increased infrastructure spending, and forecasts for continued economic growth, demand for hydraulic cylinders across multiple end markets is expected to expand worldwide. However, limited access to quality labor, raw material price inflation, and supply chain bottle necks are factors that could limit the hydraulic cylinder industry upside.
Merger and acquisition activity remains temperate in the sector. In our experience, limited interest exists among private owners to part with current holdings that exhibit attractive business prospects and returns. With the absence of any disruptive technology and expectations for continued growth, we do not expect this mindset to materially change.