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Hydraulic Equipment Market Share

ID: MRFR/EnP/6594-HCR
188 Pages
Priya Nagrale
October 2025

Hydraulic Equipment Market Research Report Information By Component (Pumps, Motors, Valves, Cylinder and Accessories), By Application (Industrial and Mobile), By End User (Mining & Construction, Agriculture & Forestry, Packaging, Material Handling, Aerospace & defense, Machine Tool, Oil & Gas, Automotive, Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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Market Share

Hydraulic Equipment Market Share Analysis

The Hydraulic Equipment Market, a critical component of various industries, employs diverse market share positioning strategies to navigate its competitive landscape. Differentiation is a key strategy, with companies focusing on offering hydraulic equipment with unique features such as advanced control systems, improved energy efficiency, and enhanced durability. By providing cutting-edge solutions that address the evolving needs of industries like construction, manufacturing, and agriculture, companies can attract customers seeking reliable and innovative hydraulic equipment.

Cost leadership is another important plan used in the Hydraulic Equipment Market. Businesses try to be the best at low cost by improving how they make things, finding materials well and getting big discounts. This helps them give low prices for hydraulic setups, attracting people and businesses who want cheap ways to make machines work. In a market where doing things better and cheaper is very important, cost leadership helps to get more of the market.

Companies use market specialization as a plan to concentrate on particular areas within the Hydraulic Equipment Market. Rather than giving a wide variety of hydraulic services, some firms focus only on specific industries or uses. For example, a business might focus on machines for water work at sea, tools used in forests or systems made for air travel. This speciality lets businesses become experts in certain areas. They can give special solutions to customers and earn their trust.

Working together and teaming up are very important in the Hydraulic Equipment Market. Often, firms partner with makers, sellers and final customers to boost their position in the market. These relationships can result in shared stuff, joint work on new projects and greater ways to get things out there. Working together with important people in business helps companies make themselves better, reach new places to sell and grow more.

For businesses wanting to profit from different needs and industry trends, expanding across regions is very important. As businesses grow across the world, they often expand their operations so that they match market changes and local tastes. This growth might mean setting up nearby factories, making deals with local sellers and changing the products to match special needs in different areas. By placing themselves in important areas, businesses can be close to customers and change things according to local sales environment. This helps them grow their share of the market.

In the Hydraulic Equipment Market, plans that focus on customers are very important. Understanding and meeting the special needs of customers, like trustworthiness, quality performance after they buy something is key to doing well. Businesses put money into helping customers, teaching courses and quick repair services to make sure users have a good time with their products. By making sure customers are happy, businesses can create long-lasting ties with them. This will keep people coming back and help grow their market share.

Author
Priya Nagrale
Senior Research Analyst

With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

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FAQs

How much is the hydraulic equipment market?

The global hydraulic equipment market size was valued at USD 57.55 Billion in 2024.

What is the growth rate of the hydraulic equipment market?

The global market is projected to grow at a CAGR of 9.11% during the forecast period, 2025-2034.

Which region held the largest market share in the hydraulic equipment market?

North America had the largest share in the global market.

Who are the key players in the hydraulic equipment market?

The key players in the market are Bosch Rexroth (Germany), Eaton Corporation Plc (Ireland), Parker Hannifin (US), Kawasaki (Japan), HAWE (Germany), Hydac (Germany), Moog, Inc. (US), Bucker Hydraulics (Germany), Daikin (Japan), Concentric (Sweden), Casappa (Italy), Nachi-Fujikoshi (Japan), Dantal Hydraulics (India), Fluitronics GmbH (Germany), and Linde Hydraulics (Germany).

Which component led the hydraulic equipment market?

The cylinder category dominated the market in 2022.

Which application had the largest market share in the hydraulic equipment market?

The industrial category had the largest share in the global market.

Market Summary

As per Market Research Future analysis, the Hydraulic Equipment Market Size was estimated at 57.55 USD Billion in 2024. The Hydraulic Equipment industry is projected to grow from 62.79 USD Billion in 2025 to 150.18 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 9.11% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Hydraulic Equipment Market is poised for robust growth driven by technological advancements and increasing demand across various sectors.

  • Technological advancements are reshaping hydraulic systems, enhancing efficiency and performance. The focus on sustainability is driving innovations in hydraulic equipment, particularly in energy-efficient solutions. North America remains the largest market, while the Asia-Pacific region is experiencing the fastest growth in hydraulic equipment demand. Rising demand in the construction sector and increased adoption of automation are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 57.55 (USD Billion)
2035 Market Size 150.18 (USD Billion)
CAGR (2025 - 2035) 9.11%
Largest Regional Market Share in 2024 North America

Major Players

<p>Parker Hannifin (US), Bosch Rexroth (DE), Eaton Corporation (US), Hydac International (DE), Kawasaki Heavy Industries (JP), Danfoss (DK), Moog Inc. (US), Sauer-Danfoss (DK), Bucher Hydraulics (DE)</p>

Market Trends

The Hydraulic Equipment Market is currently experiencing a dynamic evolution, driven by advancements in technology and increasing demand across various sectors. The integration of automation and smart technologies into hydraulic systems appears to enhance efficiency and performance, thereby attracting a broader range of applications. Industries such as construction, manufacturing, and agriculture are increasingly relying on hydraulic equipment for their operations, which suggests a robust growth trajectory. Furthermore, the emphasis on sustainability and energy efficiency is prompting manufacturers to innovate and develop eco-friendly hydraulic solutions, potentially reshaping market dynamics. In addition, The Hydraulic Equipment. As countries invest in upgrading their infrastructure, the demand for hydraulic machinery is expected to rise. This trend indicates a shift towards more sophisticated and versatile hydraulic systems that can meet the evolving needs of various industries. Overall, the Hydraulic Equipment Market is poised for significant transformation, driven by technological advancements and changing consumer preferences, which may lead to new opportunities and challenges in the coming years.

Technological Advancements

The Hydraulic Equipment Market is witnessing a surge in technological innovations, particularly in automation and smart technologies. These advancements are enhancing the efficiency and functionality of hydraulic systems, making them more appealing to various industries.

Sustainability Focus

There is a growing emphasis on sustainability within the Hydraulic Equipment Market. Manufacturers are increasingly developing eco-friendly hydraulic solutions that reduce energy consumption and environmental impact, aligning with global sustainability goals.

Infrastructure Development

The ongoing global infrastructure development initiatives are likely to drive demand for hydraulic equipment. As nations invest in modernizing their infrastructure, the need for advanced hydraulic machinery is expected to increase, presenting new opportunities for market players.

Hydraulic Equipment Market Market Drivers

Increased Focus on Energy Efficiency

The Global Hydraulic Equipment Market Industry is witnessing a heightened emphasis on energy efficiency, driven by regulatory frameworks and sustainability initiatives. Industries are increasingly adopting hydraulic systems that minimize energy consumption while maximizing output. This shift not only aligns with global environmental goals but also offers cost savings for businesses. Hydraulic equipment manufacturers are responding by developing energy-efficient solutions that comply with stringent regulations. As a result, the market is likely to see a significant uptick in demand for such products, contributing to the overall growth of the industry. This trend reflects a broader commitment to sustainable practices across various sectors.

Expansion of Agricultural Mechanization

The Global Hydraulic Equipment Market Industry is significantly influenced by the expansion of agricultural mechanization. As farmers seek to enhance productivity and efficiency, the adoption of hydraulic systems in agricultural machinery is on the rise. Equipment such as tractors and harvesters increasingly rely on hydraulic technology to perform complex tasks with precision. This trend is particularly evident in regions where agriculture is a primary economic driver. The integration of hydraulic systems not only improves operational efficiency but also supports sustainable farming practices. As the agricultural sector continues to evolve, the demand for hydraulic equipment is expected to grow, further bolstering the industry.

Rising Demand for Construction Equipment

The Global Hydraulic Equipment Market Industry is experiencing a surge in demand driven by the booming construction sector. As urbanization accelerates, infrastructure projects are proliferating, necessitating advanced hydraulic systems for machinery such as excavators and cranes. In 2024, the market is projected to reach 57.5 USD Billion, reflecting the industry's response to the increasing need for efficient construction solutions. This growth trajectory is expected to continue, with the market potentially expanding to 150.2 USD Billion by 2035, indicating a robust compound annual growth rate of 9.11% from 2025 to 2035. Such dynamics underscore the critical role of hydraulic equipment in modern construction practices.

Growing Demand from the Manufacturing Sector

The Global Hydraulic Equipment Market Industry is benefiting from the escalating demand from the manufacturing sector. As industries strive for automation and increased production capabilities, hydraulic systems are becoming integral to manufacturing processes. These systems facilitate the operation of machinery, enhancing productivity and precision. The ongoing trend towards automation is likely to drive further investments in hydraulic technology, as manufacturers seek to optimize their operations. This demand is expected to contribute significantly to the market's growth, with projections indicating a robust expansion trajectory. The manufacturing sector's reliance on hydraulic equipment underscores its importance in driving industrial advancements.

Technological Advancements in Hydraulic Systems

Technological innovation plays a pivotal role in shaping the Global Hydraulic Equipment Market Industry. The introduction of smart hydraulic systems, which integrate IoT and automation, enhances operational efficiency and reduces downtime. These advancements allow for real-time monitoring and predictive maintenance, thereby optimizing performance. As industries increasingly adopt these technologies, the demand for sophisticated hydraulic solutions is likely to rise. The ongoing evolution of hydraulic components, such as pumps and valves, further supports this trend, enabling manufacturers to offer more reliable and efficient products. Consequently, the market is poised for substantial growth as businesses seek to leverage these innovations.

Market Segment Insights

By Application: Construction (Largest) vs. Agriculture (Fastest-Growing)

<p>The Hydraulic Equipment Market is characterized by diverse applications, with the construction sector holding the largest share. This dominance is attributed to the ongoing growth in infrastructure development and construction projects globally. On the other hand, the agricultural segment is experiencing rapid growth as advanced hydraulic technologies enhance efficiency in farming equipment, making it a focal point for innovation and investment in the sector. The growth trends within this segment are markedly influenced by increasing mechanization in agriculture, coupled with construction booms in emerging economies. The surge in government spending on infrastructure and the adoption of efficient hydraulic solutions in agriculture drive this growth. Additionally, sustainability trends are pushing manufacturers to innovate, further catalyzing development within the hydraulic equipment applications.</p>

<p>Construction (Dominant) vs. Agriculture (Emerging)</p>

<p>In the Hydraulic Equipment Market, construction applications stand as the dominant force due to their extensive utilization of hydraulic systems in excavators, loaders, and cranes. This segment benefits from the continuous push for urbanization and infrastructure investments. Meanwhile, the agricultural sector is emerging rapidly, propelled by the need for enhanced productivity and efficiency in farming techniques. Hydraulic systems in tractors and harvesters are becoming more sophisticated, enabling precision agriculture practices. The combination of advanced technology and the necessity for greater efficiency positions agriculture as a key growth area, making the hydraulic systems utilized in this sector both vital and increasingly sophisticated.</p>

By End Use: Industrial (Largest) vs. Agricultural (Fastest-Growing)

<p>The Hydraulic Equipment Market is primarily segmented into Industrial, Commercial, Residential, Agricultural, and Marine uses. Within this framework, the Industrial segment holds the largest share, driven by extensive applications in manufacturing, construction, and heavy machinery operations. Close competitors include the Commercial sector, which is growing steadily but not at the same pace. Agricultural hydraulic equipment is seeing increased demand as modern farming techniques require more advanced machinery, making it a highly competitive segment.</p>

<p>Industrial (Dominant) vs. Agricultural (Emerging)</p>

<p>The Industrial segment is characterized by a substantial presence in sectors such as construction, manufacturing, and mining, where hydraulic systems are essential for operational efficiency and productivity. These applications benefit from advanced hydraulic technology, making them dominant in terms of market share. In contrast, the Agricultural segment, though emerging, is rapidly evolving due to advancements in farming technology and the need for improved efficiency in food production. Hydraulic equipment in agriculture has seen innovations like precision farming tools, which enhance productivity and sustainability, positioning this sector as fast-growing in response to global food demands.</p>

By Type: Hydraulic Pumps (Largest) vs. Hydraulic Valves (Fastest-Growing)

<p>The Hydraulic Equipment Market is characterized by a diverse range of segment values, with Hydraulic Pumps commanding the largest market share. Following closely are Hydraulic Cylinders and Hydraulic Motors, which play critical roles in various industrial applications. Hydraulic Valves and Accumulators also hold significant positions, contributing to the overall efficiency and performance of hydraulic systems. The distribution of market shares indicates a balanced competition among these segment values, each catering to unique applications that highlight their importance in the market. In recent years, the growth trends of these hydraulic equipment segments have been propelled by the increasing demand for automated and efficient operational solutions across industries. Hydraulic Pumps are widely recognized for their essential role in power transmission, whereas Hydraulic Valves have gained traction due to their rapid advancements and improved functionalities. Consequently, the market anticipates a robust growth trajectory for Hydraulic Valves as they adapt to emerging technologies, positioning themselves as an integral component of modern hydraulic systems.</p>

<p>Pumps (Dominant) vs. Valves (Emerging)</p>

<p>Hydraulic Pumps are recognized as the dominant force within the Hydraulic Equipment Market, due to their fundamental role in creating hydraulic power for various applications, from construction machinery to automotive systems. Their ability to efficiently convert mechanical energy into hydraulic energy makes them indispensable in a multitude of industrial operations. On the other hand, Hydraulic Valves are emerging rapidly, characterized by their advanced control features and increased efficiency. Manufacturers continue to invest in research and development to enhance valve technologies, enabling them to cater to more complex hydraulic applications. This innovation is creating new growth opportunities for Hydraulic Valves, allowing them to capture a larger portion of the market share and enhancing their significance as hydraulic solutions evolve.</p>

By System: Closed Loop System (Largest) vs. Open Loop System (Fastest-Growing)

<p>In the hydraulic equipment market, the distribution of market share among the various systems reflects a dynamic landscape. Closed Loop Systems are currently the largest segment, capitalizing on their efficiency and versatility in various applications. In contrast, Open Loop Systems, while smaller in market share, are rapidly gaining traction due to advancements in technology and increasing adoption in industrial applications.</p>

<p>Closed Loop System (Dominant) vs. Open Loop System (Emerging)</p>

<p>Closed Loop Systems are recognized for their intricate design that recirculates hydraulic fluid, thereby enhancing efficiency and reducing energy wastage. They are widely used in applications requiring precise control and high performance. On the other hand, Open Loop Systems are characterized by their simplicity and lower cost, making them attractive for various emerging applications. As automation and smart technologies become prevalent, the adaptability and lower initial investment of Open Loop Systems position them as an attractive option for new entrants in the market.</p>

By Component: Actuators (Largest) vs. Hoses (Fastest-Growing)

<p>The hydraulic equipment market is characterized by diverse components including actuators, filters, reservoirs, hoses, and fittings. Among these, actuators hold the largest market share, driven by their critical role in converting energy into motion. Hoses, with their fundamental utility in fluid transmission, are rapidly gaining traction and are recognized as the fastest-growing component segment due to increasing demand for flexible solutions in innovative hydraulic applications. As industries shift towards automation and sustainable practices, the adoption of advanced hydraulic technologies has surged. Key growth drivers include the burgeoning construction and manufacturing sectors, which require efficient hydraulic systems. Additionally, the rise in mobile applications and heightened focus on equipment durability and reliability are leading to increased investments in hose technologies, enhancing their performance and application in various hydraulic systems.</p>

<p>Actuators: Dominant vs. Hoses: Emerging</p>

<p>Actuators, being dominant in the hydraulic equipment market, represent the backbone of various hydraulic systems by providing the necessary force for movement and control. They are utilized in a plethora of applications ranging from industrial machinery to automotive systems. The technology behind actuators continuously evolves, focusing on enhancing their efficiency and responsiveness. On the other hand, hoses, as an emerging component, play an essential role in system flexibility and fluid handling. Their growing importance is evident as manufacturers innovate to produce hoses that offer higher pressure ratings and improved resistance to abrasion and chemicals. The transition towards lightweight and durable hose materials is also gaining momentum, positioning hoses as a crucial component in meeting modern hydraulic demands.</p>

Get more detailed insights about Hydraulic Equipment Market Research Report - Global Forecast till 2035

Regional Insights

North America : Market Leader in Hydraulic Equipment

North America is poised to maintain its leadership in the hydraulic equipment market, holding a significant market share of 28.0% as of 2024. The region's growth is driven by robust demand from sectors such as construction, agriculture, and manufacturing, alongside increasing investments in infrastructure. Regulatory support for advanced hydraulic technologies further fuels this growth, ensuring compliance with safety and environmental standards. The United States and Canada are the leading countries in this region, with major players like Parker Hannifin and Eaton Corporation driving innovation and market expansion. The competitive landscape is characterized by a mix of established firms and emerging startups, all vying for market share. The presence of key players ensures a steady supply of advanced hydraulic solutions, catering to diverse industrial needs.

Europe : Innovation and Sustainability Focus

Europe's hydraulic equipment market is projected to grow, currently valued at 15.0%. The region's growth is propelled by increasing automation in industries and a strong emphasis on sustainability. Regulatory frameworks, such as the EU's Green Deal, encourage the adoption of energy-efficient hydraulic systems, driving demand for innovative solutions that meet stringent environmental standards. Germany and France are at the forefront of this market, with companies like Bosch Rexroth and Hydac International leading the charge. The competitive landscape is marked by a focus on R&D, with firms investing heavily in developing eco-friendly hydraulic technologies. This commitment to innovation positions Europe as a key player in The Hydraulic Equipment.

Asia-Pacific : Emerging Market with High Potential

The Asia-Pacific region, valued at 12.0%, is witnessing rapid growth in the hydraulic equipment market, driven by industrialization and urbanization. Countries like China and India are investing heavily in infrastructure projects, which significantly boosts demand for hydraulic solutions. Additionally, government initiatives aimed at enhancing manufacturing capabilities are catalyzing market expansion, creating a favorable environment for hydraulic equipment adoption. China stands out as a major player, with local manufacturers and international firms like Kawasaki Heavy Industries competing for market share. The competitive landscape is dynamic, with a mix of established companies and new entrants focusing on innovation and cost-effective solutions. This region's growth potential is substantial, making it a focal point for investment in hydraulic technologies.

Middle East and Africa : Untapped Market Opportunities

The Middle East and Africa region, with a market size of 2.55%, presents untapped opportunities in the hydraulic equipment sector. The growth is primarily driven by increasing investments in infrastructure and construction projects, particularly in countries like the UAE and South Africa. Regulatory support for industrial development is also a key factor, encouraging the adoption of hydraulic technologies in various sectors. South Africa and the UAE are leading the way in this region, with a growing number of local and international players entering the market. The competitive landscape is evolving, with companies focusing on providing tailored hydraulic solutions to meet regional demands. As infrastructure projects continue to rise, the hydraulic equipment market in this region is expected to expand significantly.

Key Players and Competitive Insights

The Hydraulic Equipment Market is currently characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand across various sectors, including construction, agriculture, and manufacturing. Key players such as Parker Hannifin (US), Bosch Rexroth (DE), and Eaton Corporation (US) are strategically positioned to leverage innovation and operational efficiency. Parker Hannifin (US) focuses on expanding its product portfolio through continuous research and development, while Bosch Rexroth (DE) emphasizes digital transformation and automation solutions. Eaton Corporation (US) is actively pursuing mergers and acquisitions to enhance its market presence and diversify its offerings, collectively shaping a competitive environment that is increasingly reliant on technological prowess and strategic partnerships.

In terms of business tactics, companies are localizing manufacturing to reduce costs and improve supply chain efficiency. The market structure appears moderately fragmented, with several key players exerting influence over their respective segments. This fragmentation allows for niche players to thrive, while larger corporations consolidate their positions through strategic initiatives. The collective influence of these key players fosters a competitive atmosphere where innovation and customer-centric solutions are paramount.

In November 2025, Parker Hannifin (US) announced the launch of a new line of energy-efficient hydraulic pumps designed to reduce energy consumption by up to 30%. This strategic move not only aligns with global sustainability trends but also positions Parker Hannifin as a leader in eco-friendly hydraulic solutions. The introduction of these pumps is likely to enhance their competitive edge, appealing to environmentally conscious consumers and industries.

In October 2025, Bosch Rexroth (DE) unveiled a new digital platform aimed at optimizing hydraulic system performance through real-time data analytics. This initiative underscores the company's commitment to digitalization and reflects a broader industry trend towards integrating AI and IoT technologies. By enhancing system efficiency and predictive maintenance capabilities, Bosch Rexroth is poised to strengthen its market position and offer added value to its customers.

In September 2025, Eaton Corporation (US) completed the acquisition of a leading hydraulic technology firm, which is expected to bolster its product offerings and expand its reach in the European market. This acquisition signifies Eaton's strategic focus on enhancing its technological capabilities and diversifying its portfolio, thereby reinforcing its competitive stance in the hydraulic equipment sector.

As of December 2025, the Hydraulic Equipment Market is witnessing trends that emphasize digitalization, sustainability, and AI integration. Strategic alliances are increasingly shaping the competitive landscape, enabling companies to pool resources and expertise. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident. Moving forward, competitive differentiation will likely hinge on the ability to deliver advanced, sustainable solutions that meet evolving customer demands.

Key Companies in the Hydraulic Equipment Market market include

Industry Developments

August 2022: The mini hydraulic power pack type HICON, developed by HAWE for use in recreational boats but with a distinct advantage in many other applications, was released. Because it is waterproof, it can operate when being splashed with water or briefly submerged in water.

July 2022: Bosch made an investment in BRUSA HyPower to round out its line of eLION products for off-road vehicle electrification. In the upcoming years, prominent corporations are likely to prioritize strategic acquisition and investments in up-and-coming businesses.

April 2022: Energy conservation and reducing carbon emissions are more important than ever, but oftentimes, outcomes come at the sacrifice of usability or efficiency. A speedy return on investment is provided by the Danfoss Heat Recovery Unit, which also offers significant environmental benefits and savings on heating bills.

January 2022: Future mobile hydraulics OEMs must create smarter, safer, and higher-performing machines than ever before if they are to meet the digitally driven expectations of the market. Since our factory in Minden, Germany now has additional manufacturing capacity, Danfoss Sensing Solutions will more than treble its thin-film pressure sensor production there in 2022.

Future Outlook

Hydraulic Equipment Market Future Outlook

<p>The Hydraulic Equipment Market is projected to grow at a 9.11% CAGR from 2024 to 2035, driven by technological advancements, increasing automation, and rising demand in construction and agriculture.</p>

New opportunities lie in:

  • <p>Development of smart hydraulic systems with IoT integration</p>
  • <p>Expansion into renewable energy sector applications</p>
  • <p>Customized hydraulic solutions for niche industries</p>

<p>By 2035, the market is expected to achieve robust growth, positioning itself as a leader in hydraulic technology.</p>

Market Segmentation

Hydraulic Equipment Market Type Outlook

  • Hydraulic Pumps
  • Hydraulic Cylinders
  • Hydraulic Motors
  • Hydraulic Valves
  • Hydraulic Accumulators

Hydraulic Equipment Market System Outlook

  • Open Loop System
  • Closed Loop System
  • Hydrostatic Transmission
  • Hydraulic Power Unit
  • Hydraulic Circuit

Hydraulic Equipment Market End Use Outlook

  • Industrial
  • Commercial
  • Residential
  • Agricultural
  • Marine

Hydraulic Equipment Market Component Outlook

  • Actuators
  • Filters
  • Reservoirs
  • Hoses
  • Fittings

Hydraulic Equipment Market Application Outlook

  • Construction
  • Agriculture
  • Mining
  • Manufacturing
  • Transportation

Report Scope

MARKET SIZE 2024 57.55(USD Billion)
MARKET SIZE 2025 62.79(USD Billion)
MARKET SIZE 2035 150.18(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 9.11% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Parker Hannifin (US), Bosch Rexroth (DE), Eaton Corporation (US), Hydac International (DE), Kawasaki Heavy Industries (JP), Danfoss (DK), Moog Inc. (US), Sauer-Danfoss (DK), Bucher Hydraulics (DE)
Segments Covered Application, End Use, Type, System, Component
Key Market Opportunities Integration of smart technologies enhances efficiency in the Hydraulic Equipment Market.
Key Market Dynamics Technological advancements and regulatory changes drive innovation and competition in the hydraulic equipment market.
Countries Covered North America, Europe, APAC, South America, MEA

FAQs

How much is the hydraulic equipment market?

The global hydraulic equipment market size was valued at USD 57.55 Billion in 2024.

What is the growth rate of the hydraulic equipment market?

The global market is projected to grow at a CAGR of 9.11% during the forecast period, 2025-2034.

Which region held the largest market share in the hydraulic equipment market?

North America had the largest share in the global market.

Who are the key players in the hydraulic equipment market?

The key players in the market are Bosch Rexroth (Germany), Eaton Corporation Plc (Ireland), Parker Hannifin (US), Kawasaki (Japan), HAWE (Germany), Hydac (Germany), Moog, Inc. (US), Bucker Hydraulics (Germany), Daikin (Japan), Concentric (Sweden), Casappa (Italy), Nachi-Fujikoshi (Japan), Dantal Hydraulics (India), Fluitronics GmbH (Germany), and Linde Hydraulics (Germany).

Which component led the hydraulic equipment market?

The cylinder category dominated the market in 2022.

Which application had the largest market share in the hydraulic equipment market?

The industrial category had the largest share in the global market.

  1. Executive Summary
  2. Market Introduction
    1. Market Definition
    2. Scope of the Study
    3. Market Structure
  3. Research Methodology
    1. Primary Research
    2. Secondary Research
    3. Market size Estimation
    4. Forecast Model
    5. List of Assumptions
    6. Limitations of the Study
  4. Market Insights
  5. Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Value Chain/Supply Chain Analysis
    6. Porter’s Five Forces Analysis
      1. Threat of New Entrants
      2. Bargaining Power of Buyers
      3. Bargaining Power of Suppliers
      4. Threat of Substitutes
      5. Rivalry
  6. Global Hydraulic Equipment Market, by Component
    1. Introduction
    2. Pumps
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
    3. Motors
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
    4. Valves
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
    5. Cylinder
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
    6. Accessories
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
  7. Global Hydraulic Equipment Market, by Application
    1. Introduction
    2. Industrial
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
    3. Mobile
      1. Market Estimates & Forecast, 2024–2032
      2. Market Estimates & Forecast, by Region/Country, 2024–2032
  8. Global Hydraulic Equipment Market, by Region
    1. Introduction
    2. North America
      1. Market Estimates & Forecast, by Country, 2024–2032
      2. Market Estimates & Forecast, by Component, 2024–2032
      3. Market Estimates & Forecast, by Application, 2024–2032
      4. US
      5. Canada
      6. Mexico
    3. Europe
      1. Market Estimates & Forecast, by Region, 2024–2032
      2. Market Estimates & Forecast, by Component, 2024–2032
      3. Market Estimates & Forecast, by Application, 2024–2032
      4. UK
      5. France
      6. Germany
      7. Italy
      8. Rest of Europe
    4. Asia-Pacific
      1. Market Estimates & Forecast, by Country, 2024–2032
      2. Market Estimates & Forecast, by Component, 2024–2032
      3. Market Estimates & Forecast, by Application, 2024–2032
      4. China
      5. Japan
      6. India
      7. South Korea
      8. Rest of Asia-Pacific
    5. Middle East & Africa
      1. Market Estimates & Forecast, by Country, 2024–2032
      2. Market Estimates & Forecast, by Component, 2024–2032
      3. Market Estimates & Forecast, by Application, 2024–2032
      4. Saudi Arabia
      5. UAE
      6. South Africa
      7. Rest of Middle East & Africa
    6. South America
      1. Market Estimates & Forecast, by Region, 2024–2032
      2. Market Estimates & Forecast, by Component, 2024–2032
      3. Market Estimates & Forecast, by Application, 2024–2032
      4. Brazil
      5. Argentina
      6. Rest of South America
  9. Competitive Landscape
    1. Competitive Scenario
    2. Competitive Benchmarking of the Global Hydraulic Equipment Market
    3. Major Growth Strategy in the Global Hydraulic Equipment Market
    4. Market Share Analysis, 2023
    5. Bosch Rexroth: The Leading Player in terms of Number of Developments in Global Hydraulic Equipment Market
    6. New Product Development
    7. Mergers & Acquisitions
    8. Contracts & Agreements
    9. Expansions & Investments
  10. Company Profile
    1. Bosch Rexroth (Germany)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
      6. SWOT Analysis
    2. Eaton (Ireland)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
      6. SWOT Analysis
    3. Parker Hannifin (Us)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
      6. SWOT Analysis
    4. Kawasaki (Japan)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
      6. SWOT Analysis
    5. Hawe (Germany)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
      6. SWOT Analysis
    6. Hydac (Germany)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
      6. SWOT Analysis
    7. Moog (US)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    8. Bucher Hydraulics (Germany)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    9. Daikin (Japan)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    10. Concentric (Sweden)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    11. Casappa (Italy)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    12. Nachi-Fujikoshi (Japan)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    13. Dantal Hydraulics (India)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    14. Fluitronics GmbH (Germany)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
    15. Linde Hydraulics (Germany)
      1. Company Overview
      2. Products/Services Offering
      3. Financial Overview
      4. Key Developments
      5. Strategy
  11. Appendix
    1. References
    2. Related Reports
    3. List of Abbreviations
    4.  
    5. List of Tables
  12. List of Assumptions
  13. Global Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  14. Global Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  15. Global Hydraulic Equipment Market, by Region, 2024–2032, (USD Million)
  16. North America: Hydraulic Equipment Market, by Country, 2024–2032, (USD Million)
  17. North America: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  18. North America: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  19. US: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  20. US: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  21. Canada: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  22. Canada: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  23. Mexico: Hydraulic Equipment Market, By Type, 2024–2032, (USD Million)
  24. Mexico: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  25. Europe: Hydraulic Equipment Market, by Country, 2024–2032, (USD Million)
  26. Europe: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  27. Europe: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  28. UK: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  29. UK: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  30. France: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  31. France: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  32. Italy: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  33. Italy: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  34. Germany: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  35. Germany: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  36. Rest of Europe: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  37. Rest of Europe: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  38. Asia-Pacific: Hydraulic Equipment Market, by Country, 2024–2032, (USD Million)
  39. Asia-Pacific: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  40. Asia-Pacific: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  41. China: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  42. China: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  43. India: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  44. India: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  45. Japan: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  46. Japan: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  47. South Korea: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  48. South Korea: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  49. Rest of Asia-Pacific: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  50. Rest of Asia-Pacific: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  51. Middle East & Africa: Hydraulic Equipment Market, by Country, 2024–2032, (USD Million)
  52. Middle East & Africa: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  53. Saudi Arabia: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  54. Saudi Arabia: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  55. UAE: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  56. UAE: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  57. South Africa: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  58. South Africa: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  59. Rest of the Middle East & Africa: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  60. Rest of the Middle East & Africa: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  61. South America: Hydraulic Equipment Market, by Country, 2024–2032, (USD Million)
  62. South America: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  63. South America: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  64. Brazil: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  65. Brazil: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  66. Argentina: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  67. Argentina: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  68. Rest of South America: Hydraulic Equipment Market, by Component, 2024–2032, (USD Million)
  69. Rest of South America: Hydraulic Equipment Market, by Application, 2024–2032, (USD Million)
  70. Player 1: The Most Active Player in the Hydraulic Equipment Market
  71. Company 1: Product Offering
  72. Company 1: Key Developments  
    1. List of Figures
  73. Research Process of MRFR
  74. Top-Down & Bottom-Up Approach
  75. Market Dynamics
  76. Impact Analysis: Market Drivers
  77. Impact Analysis: Market Restraints
  78. Porter''s Five Forces Analysis
  79. Value Chain Analysis
  80. Global Hydraulic Equipment Market Share, by Component, 2023 (%)
  81. Global Hydraulic Equipment Market, by Component, 2024–2032 (USD Million)
  82. Global Hydraulic Equipment Market Share, by Application, 2023 (%)
  83. Global Hydraulic Equipment Market, by Application, 2024–2032 (USD Million)
  84. Global Hydraulic Equipment Market Share (%), by Region, 2023
  85. Global Hydraulic Equipment Market, by Region, 2024–2032 (USD Million)
  86. North America: Hydraulic Equipment Market Share (%), 2023
  87. North America: Hydraulic Equipment Market, by Country, 2024–2032 (USD Million)
  88. Europe Hydraulic Equipment Market Share (%), 2023
  89. Europe Hydraulic Equipment Market, by Country, 2024–2032 (USD Million)
  90. Asia-Pacific Hydraulic Equipment Market Share (%), 2023
  91. Asia-Pacific Hydraulic Equipment Market, by Country, 2024–2032 (USD Million)
  92. Middle East & Africa Hydraulic Equipment Market Share (%), 2023
  93. Middle East & Africa Hydraulic Equipment Market, by Country, 2024–2032 (USD Million)
  94. South America Hydraulic Equipment Market Share (%), 2023
  95. South America Hydraulic Equipment Market, by Country, 2024–2032 (USD Million)
  96. Market Share Analysis, 2023
    1. '

Hydraulic Equipment Market Segmentation

Hydraulic Equipment Component Outlook (USD Billion, 2018-2032)

Pumps

Motors

Valves

Cylinder

Accessories

Hydraulic Equipment Application Outlook (USD Billion, 2018-2032)

Industrial

Mobile

Hydraulic Equipment Regional Outlook (USD Billion, 2018-2032)

North America Outlook (USD Billion, 2018-2032)

North America Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

North America Hydraulic Equipment by Application

Industrial

Mobile

US Outlook (USD Billion, 2018-2032)

US Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

US Hydraulic Equipment by Application

Industrial

Mobile

CANADA Outlook (USD Billion, 2018-2032)

CANADA Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

CANADA Hydraulic Equipment by Application

Industrial

Mobile

Europe Outlook (USD Billion, 2018-2032)

Europe Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Europe Hydraulic Equipment by Application

Industrial

Mobile

Germany Outlook (USD Billion, 2018-2032)

Germany Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Germany Hydraulic Equipment by Application

Industrial

Mobile

France Outlook (USD Billion, 2018-2032)

France Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

France Hydraulic Equipment by Application

Industrial

Mobile

UK Outlook (USD Billion, 2018-2032)

UK Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

UK Hydraulic Equipment by Application

Industrial

Mobile

ITALY Outlook (USD Billion, 2018-2032)

ITALY Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

ITALY Hydraulic Equipment by Application

Industrial

Mobile

SPAIN Outlook (USD Billion, 2018-2032)

Spain Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Spain Hydraulic Equipment by Application

Industrial

Mobile

Rest Of Europe Outlook (USD Billion, 2018-2032)

Rest Of Europe Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

REST OF EUROPE Hydraulic Equipment by Application

Industrial

Mobile

Asia-Pacific Outlook (USD Billion, 2018-2032)

Asia-Pacific Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Asia-Pacific Hydraulic Equipment by Application

Industrial

Mobile

China Outlook (USD Billion, 2018-2032)

China Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

China Hydraulic Equipment by Application

Industrial

Mobile

Japan Outlook (USD Billion, 2018-2032)

Japan Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Japan Hydraulic Equipment by Application

Industrial

Mobile

India Outlook (USD Billion, 2018-2032)

India Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

India Hydraulic Equipment by Application

Industrial

Mobile

Australia Outlook (USD Billion, 2018-2032)

Australia Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Australia Hydraulic Equipment by Application

Industrial

Mobile

Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

Rest of Asia-Pacific Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Rest of Asia-Pacific Hydraulic Equipment by Application

Industrial

Mobile

Rest of the World Outlook (USD Billion, 2018-2032)

Rest of the World Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Rest of the World Hydraulic Equipment by Application

Industrial

Mobile

Middle East Outlook (USD Billion, 2018-2032)

Middle East Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Middle East Hydraulic Equipment by Application

Industrial

Mobile

Africa Outlook (USD Billion, 2018-2032)

Africa Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Africa Hydraulic Equipment by Application

Industrial

Mobile

Latin America Outlook (USD Billion, 2018-2032)

Latin America Hydraulic Equipment by Component

Pumps

Motors

Valves

Cylinder

Accessories

Latin America Hydraulic Equipment by Application

Industrial

Mobile

Infographic

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