Industrial Hydraulic Equipment Market Size & Insights

According to MarkNtel Advisors study The future of Global Industrial Hydraulic Equipment Market size was valued at around USD 39.4 billion in 2024 and is projected to reach USD 47.71 billion by 2030. Along with this, the market is projected to grow at a CAGR rate of around 3.24% during the forecast period, 2025-30. The market growth is driven by the industrial hydraulics equipment’s ability to handle heavy workloads due to its high durability, precise controls, and high power density.

What are the Key Driver in the Industrial Hydraulic Equipment Market?

Surging Industrial & Construction Activities – The market growth is primarily driven by the increasing activity in the industrial and construction sectors, particularly in developing regions such as Asia and South America. This is due to the rapidly growing population and urbanization, which is driving large investments in infrastructure, thereby driving the demand for heavy industrial equipment that relies on hydraulic systems. Additionally, the market growth is driven by the national initiatives globally. For Instance, India’s National Infrastructure Pipeline (NIP) allocated around USD1.4 trillion over five years to sectors such as construction, logistics infrastructure, roads & highways, etc. Similarly, the Infrastructure Investment and Jobs Act (IIJA) is a USD1.2 trillion infrastructure package for funding infrastructure projects such as roads, bridges, public transit, ports and waterways, airports, etc. in the United States. This is increasing the demand for heavy machinery such as excavators, cranes, loaders, dump trucks, bulldozers, etc., all of which are powered by industrial hydraulic equipment.

What are the Key Segments in the Industrial Hydraulic Equipment Market?

The Industrial Hydraulic Equipment is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• By Component
• Pumps– Market Size & Forecast 2020-2030, USD Million
• Valves– Market Size & Forecast 2020-2030, USD Million
• Motors– Market Size & Forecast 2020-2030, USD Million
• Cylinders– Market Size & Forecast 2020-2030, USD Million
• Transmission– Market Size & Forecast 2020-2030, USD Million
• Filters– Market Size & Forecast 2020-2030, USD Million
• Others– Market Size & Forecast 2020-2030, USD Million
• By Distribution Channel
• Direct Sales– Market Size & Forecast 2020-2030, USD Million
• Indirect Sales– Market Size & Forecast 2020-2030, USD Million
• By End User
• Construction– Market Size & Forecast 2020-2030, USD Million
• Agriculture– Market Size & Forecast 2020-2030, USD Million
• Material Handling & Mining– Market Size & Forecast 2020-2030, USD Million
• Oil & Gas– Market Size & Forecast 2020-2030, USD Million
• Industrial Manufacturing– Market Size & Forecast 2020-2030, USD Million
• Aerospace & Defense– Market Size & Forecast 2020-2030, USD Million
• Marine– Market Size & Forecast 2020-2030, USD Million
• Others– Market Size & Forecast 2020-2030, USD Million

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How does geographical analysis highlight in the Industrial Hydraulic Equipment market?

• By Region
• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Regionally, Asia-Pacific or APAC leads this global industry. The dominance is due to continued economic activities, growing population, and increasing industrialization in the region, particularly in countries such as China and India, which are driving the continued construction of public buildings, infrastructure, transportation networks, etc., thereby increasing the demand for heavy machinery that is powered by hydraulic systems for their proper function.

Who are the Key Players in Industrial Hydraulic Equipment Market?

• Bosch Rexroth AG
• Eaton Corporation PLC
• Parker Hannifin Corporation
• Kawasaki Heavy Industries
• Danfoss Group
• Hydac International GmbH
• HAWE Hydraulik SE
• Bucher Hydraulics
• Moog Inc.
• Nachi-Fujikoshi Corp.
• Hitachi Construction Machinery Co., Ltd.
• Caterpillar
• Komatsu
• KTI Hydraulics
• Mitsubishi Heavy Industries

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Industrial Hydraulic Equipment Market News

2024: Danfoss Power Solution, which is a part of the Danfoss group, made an investment of around 113.2 million to build a manufacturing facility in Pune, India. This would double its manufacturing footprint and also support sustainability initiatives. It will expand the production capacity for its existing products, i.e., pumps, motors, cylinders, and valves.

2024: Bosch Rexroth AG’s hydraulic filtration division got acquired by Hengst Filtration. This was a strategic decision to reinforce its global expertise in industrial filtration solutions. This global acquisition is focused on strengthening its market presence and improving the experience of its customers in Australia.

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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