The Hydraulic Pumps Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size for hydraulic pumps has been firmly expanding in the past years. It's projected to rise from $10.47 billion in 2024 to $11.05 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.6%.
The market size of hydraulic pumps is predicted to reach $14.26 billion in 2029, growing at a compound annual growth rate (CAGR) of 6.6%.
Download Your Free Sample of the 2025 Hydraulic Pumps Market Report and Uncover Key Trends Now!The key drivers in the hydraulic pumps market are:
• Rise in renewable energy projects
• Emerging trends in smart hydraulic systems
• Modernization of infrastructure with a focus on energy efficiency
• Increasing demand for variable displacement pumps and integration of IoT and data analytics
The hydraulic pumps market covered in this report is segmented –
1) By Product Type: Gear Pump, Vane Pump, Piston Pump, Screw Pump
2) By Application: Mobile Application, Industrial Application
3) By End User Vertical: Construction, Mining, Agriculture, Machinery, Automotive
The key trends in the hydraulic pumps market are:
• The rise of electric hydraulic pumps is a key emerging trend.
• The integration of IoT and data analytics is significantly influencing the market.
• There is a growing emphasis on the integration of Industry 4.0.
• Market trends include increasing demand for variable displacement pumps and heightened focus on sustainability.
Major companies in the hydraulic pumps market are:
• Daikin Industries Ltd.
• Dynamatic Technologies Limited
• Eaton Corporation PLC
• Parker Hannifin Corporation
• Kawasaki Heavy Industries Ltd.
• Danfoss A/S
• Atos Spa
• Bosch Rexroth AG
• Bucher Industries AG
• KYB Corporation
• Haldex Hydraulics Corporation
• CIRCOR Pumps North America LLC
• HAWE Hydraulik GmbH
• Enerpac Tool Group LLC
• Linde Hydraulics GmbH & Co. KG
• Cessna Fluid Power LLC
• CASAPPA S.p.A.
• Hydraulic Supply Company
• Permco Inc.
• Oilgear Company
• Perfection Hydraulics Inc.
• Cross Manufacturing Inc.
• Bailey International LLC
• Bondioli & Pavesi S.p.A.
• HYDAC International GmbH
• Brevini Fluid Power S.p.A.
North America was the largest region in the hydraulic pumps market in 2024