Hydraulic Equipment Market

By Equipment Type;

Pumps, Valves, Cylinders, Motors, Filters & Accumulators, Transmissions and Others

By End User Industry;

Construction, Agriculture, Material Handling, Aerospace & Defence, Machine Tools, Oil & Gas, Hydraulic Press, Plastics, Automotive and Other End Users

By Application;

Mobile Hydraulics and Industrial Stationary Hydraulics

By Operating Pressure Range;

Low (less than 150 bar), Medium (150-350 bar) and High (greater than 350 bar)

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn502367576 Published Date: September, 2025 Updated Date: November, 2025

Hydraulic Equipment Market Overview

Hydraulic Equipment Market (USD Million)

Hydraulic Equipment Market was valued at USD 47,559.03 million in the year 2024. The size of this market is expected to increase to USD 62,164.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.9%.


Hydraulic Equipment Market

*Market size in USD million

CAGR 3.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.9 %
Market Size (2024)USD 47,559.03 Million
Market Size (2031)USD 62,164.41 Million
Market ConcentrationHigh
Report Pages369
47,559.03
2024
62,164.41
2031

Major Players

  • Bosch Rexroth AG
  • Parker Hannifin Corporation
  • Eaton Corporation
  • Danfoss Group
  • Kawasaki Heavy Industries Ltd.
  • Caterpillar Inc.
  • Komatsu Ltd.
  • Liebherr Group
  • Hitachi Construction Machinery Co., Ltd.
  • Sauer-Danfoss

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hydraulic Equipment Market

Fragmented - Highly competitive market without dominant players


The Hydraulic Equipment Market is experiencing robust expansion, driven by its widespread use across industries such as construction, agriculture, mining, and manufacturing. With over 55% of heavy-duty machinery relying on hydraulic systems for power and precision, demand remains consistently high. Their efficiency in handling high-pressure tasks and ability to deliver controlled motion make them indispensable in modern industrial operations.

Rising Demand Across Industries
The growing use of hydraulic equipment in sectors like material handling and construction has significantly accelerated adoption. More than 40% of infrastructure projects globally integrate hydraulic systems, owing to their superior performance in lifting, excavation, and pressing operations. This increasing demand for productivity-enhancing machinery continues to fuel market growth.

Technological Advancements Driving Innovation
Innovations in hydraulic components, including energy-efficient pumps, smart valves, and IoT-enabled monitoring systems, are reshaping the market landscape. Around 35% of manufacturers are investing in advanced hydraulic technologies that reduce energy losses and enhance operational efficiency. These improvements are making hydraulic systems more sustainable and cost-effective.

Market Outlook and Growth Potential
With rising industrial automation and continuous technological upgrades, the hydraulic equipment market is expected to maintain steady growth. Over 45% of enterprises are integrating smart hydraulics with digital technologies, ensuring higher productivity and predictive maintenance. This trend positions hydraulic systems as a crucial enabler of efficiency in next-generation industrial operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment Type
    2. Market Snapshot, By End User Industry
    3. Market Snapshot, By Application
    4. Market Snapshot, By Operating Pressure Range
    5. Market Snapshot, By Region
  4. Hydraulic Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing construction activities worldwide
        2. Growing demand for infrastructure development projects
        3. Advancements in hydraulic equipment technology
        4. Expansion of industrial sectors
        5. Rising adoption of hydraulic equipment
      2. Restraints
        1. High initial investment costs associated with hydraulic equipment
        2. Environmental concerns
        3. Competition from alternative technologies
        4. Economic uncertainties affecting investment decisions
        5. Regulatory challenges and standards compliance requirements
      3. Opportunities
        1. Expansion of emerging markets
        2. Retrofitting and modernization projects
        3. Adoption of hydraulic equipment
        4. Integration of automation and IoT technologies
        5. Development of eco-friendly hydraulic fluids
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Hydraulic Equipment Market, By Equipment Type, 2021 - 2031 (USD Million)
      1. Pumps
      2. Valves
      3. Cylinders
      4. Motors
      5. Filters & Accumulators
      6. Transmissions
      7. Others
    2. Hydraulic Equipment Market, By End User Industry, 2021 - 2031 (USD Million)
      1. Construction
      2. Agriculture
      3. Material Handling
      4. Aerospace & Defence
      5. Machine Tools
      6. Oil & Gas
      7. Hydraulic Press
      8. Plastics
      9. Automotive
      10. Other End Users
    3. Hydraulic Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Mobile Hydraulics
      2. Industrial Stationary Hydraulics
    4. Hydraulic Equipment Market, By Operating Pressure Range, 2021 - 2031 (USD Million)
      1. Low (less than 150 bar)
      2. Medium (150-350 bar)
      3. High (greater than 350 bar)
    5. Hydraulic Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch Rexroth AG
      2. Parker Hannifin Corporation
      3. Eaton Corporation
      4. Danfoss Group
      5. Kawasaki Heavy Industries Ltd.
      6. Caterpillar Inc.
      7. Komatsu Ltd.
      8. Liebherr Group
      9. Hitachi Construction Machinery Co., Ltd.
      10. Sauer-Danfoss
  7. Analyst Views
  8. Future Outlook of the Market