Linear acting hydraulic cylinders market in Austria

Earlier Report Observations

The market for linear acting hydraulic cylinders in Austria started the period at $206.9 million in 2018, then declined to $201.6 million in 2019 and fell further to $174.3 million in 2020. During 2019, industry research highlighted a growing focus on energy-efficient drive solutions and their integration into smart grids, laying groundwork for future technological development.

A sharp rebound occurred in 2021, with the market volume expanding by 21.2% to $211.3 million. This recovery coincided with strong growth in renewable energy technologies, which boosted demand for efficient drive systems including hydraulic cylinders. Additionally, the acquisition of German specialist FRANKONIA Antriebstechnik by HAINZL strengthened the company's market position, increasing competition and product availability. The technical advantage of hydraulic cylinders for high-force applications continued to support their use.

Market growth persisted through 2022 and 2023, reaching $254.5 million and $274.3 million respectively. In 2022, LCM introduced new energy-efficient hydraulic solutions focused on industrial and mobile applications, while market reviews noted active product launches from numerous suppliers. Ongoing discussions about the substitution of hydraulic drives by electromechanical ones did not curtail the market, as hydraulic cylinders remained preferred for high-force requirements. Domestic production also grew steadily, reaching $262.8 million in 2023.

Production linear acting hydraulic cylinders in Austria

In value, 2017-2020, M $ US

In 2020, Austria's output of linear acting hydraulic cylinders was valued at 178.8 million US dollars, marking a 9.1% decrease compared to the previous year. Production peaked in 2019 at 196.7 million US dollars, with the largest annual increase of 0.8% occurring that year. Over the period from 2018 to 2020, production declined by 8.3%, which translates to an average annualized rate of 2.9%.

Annual dynamics of production in Austria in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

Austria's production volume of linear acting hydraulic cylinders continued to decline for the second consecutive year. In 2020, the country produced 363.7 thousand units, reflecting a 10.6% drop from the previous year. From 2018 to 2020, production decreased by 17.5%, with a compound annual growth rate of 6.2%.

Annual dynamics of production in Austria in kind, 2017-2020, K unit

Exports linear acting hydraulic cylinders from Austria

Exports in kind, K unit

After two years of growth, Austria's exports of linear acting hydraulic cylinders declined in 2020, totaling 9 360 thousand units, which represents an 11.6% decrease from 2019. Exports reached their highest point in 2019 at 10 592 thousand units, with the largest annual increase of 19.7% recorded in 2018. Over the period from 2017 to 2020, exports grew by 6.9%, equating to an annualized rate of 2.2%.

Annual dynamics of product's exports from Austria in kind, 2017-2020, K unit

From 2017 to 2020, Germany, China, and Luxembourg were the key destinations for Austria's exports in kind. Germany accounted for 45.8% of exports, China for 5.9%, and Luxembourg for 4.6%, together making up 56.3% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Austria in kind, 2017-2020

Exports in value, M $ US

Following two years of increase, Austria's exports of linear acting hydraulic cylinders in value terms declined in 2020, totaling 146.0 million US dollars, a moderate 8.2% drop from the previous year. The maximum value was recorded in 2019 at 159.0 million US dollars, with the largest annual increase of 17.2% occurring in 2018. Between 2017 and 2020, exports grew by 9.7%, which corresponds to an annualized rate of 3.1%.

Annual dynamics of product's exports from Austria in value, 2017-2020, M $ US

The market base for Austria's exports in value terms from 2017 to 2020 was diverse. Germany led with 35.3% of exports, followed by China at 7.2% and France at 5.0%, together accounting for 47.6% of total flows. The remaining 52.4% was distributed among numerous other countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Austria in value, 2017-2020

Imports linear acting hydraulic cylinders to Austria

Imports in kind, K unit

After two years of gains, Austria's import volume of linear acting hydraulic cylinders declined in 2020, standing at 11 729 thousand units, a strong reduction of 20.8% compared to 2019. Imports peaked in 2019 at 14 814 thousand units, with the largest annual increase of 21.7% recorded in 2018.

Annual dynamics of product's imports to Austria in kind, 2017-2020, K unit

From 2017 to 2020, Bulgaria, Germany, and Ireland accounted for the largest share of Austria's imports in kind. Bulgaria contributed 27.5% of imports, Germany 25.7%, and Ireland 6.6%, together comprising 59.8% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Austria in kind, 2017-2020

Imports in value, M $ US

Austria's imports of linear acting hydraulic cylinders in value terms declined for the second consecutive year in 2020, reaching 141.5 million US dollars, a notable 13.7% decrease year-over-year. The maximum value was recorded in 2018 at 167.8 million US dollars, with the largest annual increase of 21.8% also occurring that year. Over the period from 2017 to 2020, imports increased by 2.7%, with a compound annual growth rate of 0.9%.

Annual dynamics of product's imports to Austria in value, 2017-2020, M $ US

Throughout 2017 to 2020, Germany, Bulgaria, and the United States formed the core of Austria's imports in value terms. Germany accounted for 30.3% of imports, Bulgaria for 30.1%, and the United States for 6.3%, together taking 66.7% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Austria in value, 2017-2020