Hydraulic Components Market 2018 Worldwide Significant CAGR Of 5.4 % Foreseen By 2028

Hydraulics is a technology and applied science using engineering, chemistry, and other sciences that involves the mechanical properties and use of liquids. Components that collectively make up an entire hydraulic system assembly are referred as hydraulic components.

A major factor driving growth of the global hydraulic components market is increasing use of hydraulic components in various end-use applications including hydraulic machines used in various equipment such as hydraulic lifts and vibration control systems. In addition, rising investment and development in infrastructure and construction projects, growing demand of hydraulic machine in agriculture sectors is expected to support growth of the global hydraulic components market to a significant extent over the forecast period.

However, development of electric actuators as an alternative for hydraulic cylinders component is a major factor expected to restrain growth of the global hydraulic components market to a certain extent over the forecast period.

The global hydraulic components market report has been segmented on the basis of type, application, and region.

On the basis of type, cylinder barrel segment is expected to contribute major revenue share in the global hydraulic components market and is expected to witness highest CAGR of over 5%, in terms of revenue over the forecast period, owing to increasing availability, and high adoption of specialized cylinder barrels that can hold and transfer high amounts of pressure in various equipment used in the construction industry.

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Looking into the factory of the future

Tomorrow’s manufacturing facility will still use everything from hydraulics to electrics, and automation will provide more flexibility than ever.

The Multi-Product Line brings together hydraulic power units with embedded sensor technology to provide predictive indicators.

By now, anyone involved in the industrial sector has probably heard the term, “factory of the future.” Those four words bring to mind an industrial utopia defined by increased productivity with no downtime, round-the-clock productivity, previously untapped levels of customization, improved safety capabilities — all boiling down to more profitable production processes.

There are a number of companies offering systems, software, and other tools to help achieve these goals. One of these companies is Bosch Rexroth.

At the heart of the Bosch Rexroth approach is the automation and IoT software that could turn such a vision a reality. Dr. Henier Lang, SVP of Automation & Electrification Solutions at Bosch Rexroth defines the factory of the future this way: “Full flexibility, individuality and scalability. This is exactly what the factory of the future is about.”

The company is heavily involved in bringing these future capabilities into the present with its portfolio of automation solutions. But as automation takes up most of the factory of the future’s attention, technology such as hydraulic components, linear motion and assembly systems can easily fall out of view. Years of multi-technology expertise has made it clear that full flexibility, individuality and scalability must remain a reality.

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Produce Better Hydraulic Components with Metal 3D Printing

Complex hydraulic components made via metal 3D printing can incorporate details that would be difficult or impossible to duplicate through conventional machining, and weight and size are reduced without compromising performance.

Hydraulic pumps, cylinders, and other actuators deliver greater power in smaller packages than engines, electric motors, and mechanical actuators. Hydraulic valves easily control direction, speed, torque, and force with anything from simple manual operation to sophisticated electronic controls.

Yet, production methods that create these hydraulic components have not kept pace with the expanding scope of their applications. Enter metal 3D printing—it offers new opportunities to capitalize on the high power density of hydraulic technology by improving the design and production of components such as manifolds, valve blocks, and valve spools.

Three-dimensional printing, which began as rapid prototyping, has progressed beyond its original plastic materials to encompass many metal alloys. Although not practical or cost-effective for high-volume production, 3D printing offers many advantages when producing metal hydraulic components in smaller quantities and special designs.

Without the limitations of conventional machining, parts can be designed for the most efficient combination of production and performance. And internal channels can be optimized for higher flow and lower pressure drop. It’s also possible to produce several different prototypes within hours to determine the best design. Furthermore, components can be made from a variety of materials, including stainless steel (from AISI 304 to AISI 316L), aluminum, titanium, and new materials still under development. Sources of potential leakage from auxiliary drilling and subsequent plugging are eliminated.

Although hydraulic components can be produced either by traditional manufacturing or 3D printing, traditional manufacturing is a subtractive process that starts with a larger piece of material, usually a metal casting or bar. Material is removed, generally by CNC machining, to leave the desired shape. Excess material often is left in place to save the expense of removing it, resulting in parts that weigh more than necessary.

Machining also is limited in its ability to produce many desired configurations. Passageways in conventional manifolds often must be positioned to prevent cross-drilled channels from intersecting and allow enough material between channels to provide adequate strength. Auxiliary holes drilled to connect internal passageways may need to be plugged, creating the potential for a future leak.

Three-dimensional printing, by contrast, is a form of additive manufacturing, which builds up the desired part layer by layer. With 3D printing, flow channels can be placed exactly where they are needed, and in optimum size and shape. Until now, flow channels, particularly in components such as valve spools, generally have been circular because they are machined with rotating cutters. By building a component in layers, designers can specify configurations that would be difficult or impossible using conventional manufacturing methods.

Read more: Produce Better Hydraulic Components with Metal 3D Printing