The Hydraulic Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hydraulic Equipment Market?
The market size of the hydraulic equipment has seen robust growth lately. It is anticipated to rise from $45.21 billion in 2024 to a projected $47.57 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hydraulic Equipment Industry?
The Hydraulic Equipment Global Market Report 2025 predicts that by 2029, the market size of hydraulic equipment will reach $55.58 billion, with an expected compound annual growth rate (CAGR) of 4.0%.
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What are the Key Growth Drivers Fueling the Hydraulic Equipment Market?
The key drivers in the hydraulic equipment market are:
• Expansion in the construction industry
• Increase in demand for environmentally friendly hydraulic solutions
• Increased use of hydraulic equipment in aerospace and defense industries
• Rise in the adoption of electric vehicles.
Global Market Segmentation: Identifying Major Hydraulic Equipment Industry Segments
The hydraulic equipment market covered in this report is segmented –
1) By Component: Motors, Pumps, Cylinders, Valves, Filters, Accumulators, Transmissions, Other Components
2) By Applications: Mobile, Industries
3) By End User: Mining And Construction, Agriculture And Mining, Packaging, Material Handling, Other Applications
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What are the Emerging Trends Shaping the Future of the Hydraulic Equipment Market?
The key trends in the hydraulic equipment market are:
• IoT integration is an emerging trend in the hydraulic equipment market.
• The expansion of new manufacturing facilities is shaping the future of the market.
• The adoption of mechanized agricultural equipment is an upcoming trend.
• Product innovation and higher investments are significantly influencing the market.
Who Are the Top Competitors & Leading Players in the Hydraulic Equipment Market?
Major companies in the hydraulic equipment market are:
• Robert Bosch GmbH
• Siemens AG
• Komatsu Ltd.
• Motion Industries Inc.
• Parker Hannifin Corporation
• Emerson Electric Co.
• Kawasaki Heavy Industries Ltd.
• Danfoss AS
• SMC Corporation
• Festo SE
• Moog Inc.
• Concentric AB
• HAWE Hydraulik SE
• Linde Hydraulics Corp
• Wipro Infrastructure Engineering
• Casappa Corp
• Norgren Limited
• Hydac International GmbH
• Dantal Hydraulics Pvt. Ltd.
• Daikin Industries Ltd.
• Bucher Hydraulics Inc.
• Hannon Hydraulics Inc.
• Fluitronics GmbH
• American Design & Manufacturing Inc.
• Nachi-Fujikoshi Corp.
Regional Dominance: Which Area Leads the Global Hydraulic Equipment Market?
North America was the largest region in the hydraulic equipment market in 2024
