Hydraulic Cab Tilt System Market Size, Share Report, Industry Analysis, Growth, 2030

Hydraulic Cab Tilt System Industry Prospective:

The global hydraulic cab tilt system market size was worth around USD 4.55 billion in 2022 and is predicted to grow to around USD 6.06 billion by 2030 with a compound annual growth rate (CAGR) of roughly 3.82% between 2023 and 2030.

The report analyzes the global hydraulic cab tilt system market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the hydraulic cab tilt system industry.

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Hydraulic Cab Tilt System Market: Overview

A hydraulic cab tilt system is a mechanism specially used in heavy vehicles such as buses and trucks to tilt the driver’s compartment or cab. This process allows easy access to crucial components such as engines that lay underneath the units. Using these mechanisms, tilting the cab forward is possible thus providing a clear and convenient space for repair, maintenance, and inspection purposes. The system is made of hydraulic cylinders, a hydraulic pump, control valves, and associated plumbing. Once the tilt control is activated, the cylinders are subjected to hydraulic pressure resulting in their extension or retraction. The whole process subsequently causes the cab to tilt. The pump is used to generate necessary and adequate pressure while the control valves are useful in regulating hydraulic fluid flow which is responsible for controlling the movement of the cylinders. The industry is expected to grow at a steady rate.

Key Insights:

• As per the analysis shared by our research analyst, the global hydraulic cab tilt system market is estimated to grow annually at a CAGR of around 3.82% over the forecast period (2023-2030)
• In terms of revenue, the global hydraulic cab tilt system market size was valued at around USD 4.55 billion in 2022 and is projected to reach USD 6.06 billion, by 2030.
• The hydraulic cab tilt system market is projected to grow at a significant rate due to the growing demand for heavy-duty vehicles
• Based on component segmentation, hydraulic power units were predicted to show maximum market share in the year 2022
• Based on end-user segmentation, Original Equipment Manufacturers (OEMs) was the leading user in 2022
• On the basis of region, North America was the leading revenue generator in 2022

Hydraulic Cab Tilt System Market: Growth Drivers

Growing demand and application of heavy-duty vehicles to drive market growth

The global hydraulic cab tilt system market is projected to grow owing to the increasing demand and application of heavy-duty vehicles across growing sectors. The use of the tilting system is closely linked to the usage rate of vehicles such as trucks, buses, construction, and agricultural equipment. The growing expansion rate of industries such as construction and logistics along with the rapidly rising investment toward infrastructure development projects result in industry growth. For instance, Amazon USA currently owns more than 3000 electric delivery vans to fulfill customer orders. The company is focusing on expanding its assets and more such milestones may be achieved in the coming years. Additionally, the world is registering a high influx of investment toward infrastructure projects such as bridges, buildings, road networks, and other units. This has resulted in the greater application of large-scale trucks and subsequent growth in the demand for hydraulic cab tilt systems.

Hydraulic Cab Tilt System Market: Restraints

The high initial cost to restrict market expansion

One of the key factors that could greatly restrict global hydraulic cab tilt system industry growth is the high initial cost associated with the implementation of hydraulic cab tilt systems. This includes expenses incurred during the purchase of several crucial components, installation charges, and the cost associated with integration with the structure of vehicles. The expense may not be bearable for certain fleet operations, especially in cost-sensitive sectors. Furthermore, the maintenance and repair complexity of the hydraulic system itself adds to the loss of revenue.

Hydraulic Cab Tilt System Market: Opportunities

Rising demand for electric and hybrid vehicles to provide growth opportunities

The global hydraulic cab tilt system industry is expected to come across certain growth opportunities driven by the increasing demand for electric and hybrid vehicles including commercial buses and trucks. This could create excellent growth avenues since such vehicles require exceptional high-quality maintenance solutions and hydraulic cab tilt systems become essential under such circumstances. For instance, the European economy registered a growth of 26.1% in the electric bus market in 2021.

Hydraulic Cab Tilt System Market: Challenges

Restricted retrofitting options to challenge market growth

The global sales volume of the hydraulic cab tilt system market may not reach its true potential due to the several challenges that arise due to the limited retrofitting options as it may be difficult to retrofit existing vehicles with hydraulic cab tilt systems. This is especially applicable to older vehicles that were never designed to accommodate such systems. This could cause the manufacturers to modify vehicle structure and electrical systems which may seem like a far-fetched process for many industry players.

Hydraulic Cab Tilt System Market: Segmentation

The global hydraulic cab tilt system market is segmented based on component, vehicle type, end-user, and region.

Based on components, the global market segments are sensors, hydraulic cylinders, control valves, hydraulic power units, and others. In 2022, the industry generated the highest growth in the hydraulic power units segment. They are responsible for the generation of the hydraulic pressure required to operate the entire system. It consists of a hydraulic pump, motor, reservoir, filters, and other necessary components. Since it acts as the primary source of power generation, the importance of hydraulic power units remains unmatched. Furthermore, the high complexity of the unit is also responsible for the added cost of implementation and making it a higher-value component compared to other parts of the system. As per international standards, the average pressure range of low-pressure pumps is between 0.5 to 5 bars and that of high-pressure pumps is up to 30 bars.

Based on vehicle type, the global hydraulic cab tilt system market divisions are agriculture machinery, trucks, construction equipment, buses, and others.

Based on end-user, the global market is divided into aftermarket and original equipment manufacturers (OEMs). The hydraulic cab tilt system industry registered the highest growth in the original equipment manufacturers (OEMs) segment. They are the manufacturers of heavy-duty vehicles and hence tend to incorporate hydraulic cab tilt systems as a crucial part of the vehicle assembly process. OEMs are the primary consumers of hydraulic cab tilt system manufacturers. The segmental demand is driven by the higher production and sales of new, modern heavy-duty vehicles and as the demand continues to rise, the industry is expected to grow with it. The aftermarket segment consists of people who are owners of heavy vehicles and require maintenance, upgrade, and repair solutions. As per the American Trucking Association, more than 4.06 million class 8 trucks were operational in the US in 2021.

Recent Developments:

• In December 2022, Power-Packer, a leading manufacturer and distributor of electro-hydraulic motion control systems, completed its 50th anniversary in managing to become one of the most sought providers of hydraulic position and motion control technologies
• In June 2019, HANGCHA, a company with over 4 decades in the forklift trucks segment, launched the 14~18t X Series Heavy IC Forklift Truck. It has a load capacity of 14000~18000 kg and is an extension of its predecessor X series IC forklift truck. The unique design allows the cab to tilt in without the aid of any tools
• In February 2020, Kobelco announced the launch of SK140SRLC-7– a 14-metric-ton excavator with enhanced productivity and efficiency
• In May 2023, Consip, an Italian central purchasing body, launched a tender worth €327 million related to the supply of 500 hydrogen and electric-powered buses

Hydraulic Cab Tilt System Market: Report Scope

Hydraulic Cab Tilt System Market: Regional Analysis

North America leads with the highest growth rate

The global hydraulic cab tilt system market is projected to be led by North America during the forecast period with the US and Canada acting as major contributors. The growth trajectory is attributed to the presence of a mature market dealing with heavy-duty vehicles and includes commercial transportation automobiles such as trucks and buses. Moreover, the region’s stringent safety compliance policies along with increasing investment toward technological advancements and higher maintenance efficiency have been collectively responsible for higher regional dominance. Additionally, the North American market could register higher growth due to the growing demand and inclination toward electric and hybrid vehicles along with the rising integration of hydraulic cab tilt systems in these platforms. The European territory also holds a significant share due to the strong presence of automotive and commercial vehicle manufacturers.

Hydraulic Cab Tilt System Market: Competitive Analysis

The global hydraulic cab tilt system market is led by players like:

• Wipro Infrastructure Engineering
• Parker Hannifin Corporation
• JOST Werke AG
• Haldex AB
• Ognibene Power S.p.A.
• OMAX Autos Limited
• Wipro Enterprises Private Limited
• NORDIC HYDRAULIC SYSTEMS A/S
• HYVA Global B.V.
• Enovation Controls LLC
• VETUS B.V.
• Penta TMR
• UQM Technologies Inc.
• VSE Volumentechnik GmbH
• Muncie Power Products Inc.
• JTEKT Corporation
• Twin Disc
• Incorporated
• Permco Inc.
• Pietro Fioravanti Srl
• Abex Corporation
• Tesmak Hydraulic Machine Industry and Trade Inc.
• Delphi Technologies
• Hydroline Oy
• Nuovo Pignone S.p.A.
• Dana Incorporated.

The global hydraulic cab tilt system market is segmented as follows:

By Component

• Sensors
• Hydraulic Cylinders
• Control Valves
• Hydraulic Power Units
• Others

By Vehicle Type

• Agriculture Machinery
• Trucks
• Construction Equipment
• Buses
• Others

By End-User

• Aftermarket
• Original Equipment Manufacturers (OEMs)

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa