The Mobile 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 Mobile Hydraulic Equipment Market?
The historical growth trend in the Mobile Hydraulic Equipment Global Market Report 2025 has shown a strong increase in recent years. The market size went from $17.62 billion in 2024 to $18.72 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Mobile Hydraulic Equipment Industry?
The Mobile Hydraulic Equipment Global Market is projected to reach $23.57 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.9%.
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What are the Key Growth Drivers Fueling the Mobile Hydraulic Equipment Market?
The key drivers in the mobile hydraulic equipment market are:
• The expansion of smart city infrastructure projects
• Rising demand for energy-efficient equipment
• Increase in automation in agriculture and mining sectors
• Growing emphasis on funding for disaster response equipment
Global Market Segmentation: Identifying Major Mobile Hydraulic Equipment Industry Segments
The mobile hydraulic equipment market covered in this report is segmented –
1) By Equipment Type: Hydraulic Excavators, Hydraulic Loaders, Hydraulic Dump Trucks, Hydraulic Lifts, Hydraulic Compactors
2) By Product: Valves, Transmission, Motors, Pumps, Other Products
3) By Distribution Channel: Direct Sales, Online Retail, Distributors Or Wholesalers
4) By Application: Construction Vehicles, Agriculture Vehicles, Forestry Machinery, Other Application
5) By End User: Material Handling, Construction, Oil And Gas, Mining, Agriculture
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What are the Emerging Trends Shaping the Future of the Mobile Hydraulic Equipment Market?
The key trends in the mobile hydraulic equipment market are:
• The integration of electro-hydraulic systems is a notable emerging trend.
• The advent of digital hydraulic systems is shaping the industry's future.
• There is a growing trend towards the use of remote telematics and fleet monitoring.
• The utilization of artificial intelligence for predictive maintenance and the focus on noise and vibration reduction technologies are major trends.
Who Are the Top Competitors & Leading Players in the Mobile Hydraulic Equipment Market?
Major players in the mobile hydraulic equipment market are:
• Robert Bosch GmbH
• Caterpillar Inc.
• Komatsu Ltd.
• CNH Industrial N.V.
• Larsen & Toubro Limited
• Eaton Corporation PLC
• Parker Hannifin Corporation
• Doosan Infracore
• Liebherr Group
• Hitachi Construction Machinery Co Ltd.
• Sumitomo Heavy Industries Ltd.
• Bobcat company
• J.C. Bamford Excavators Limited
• KYB Corporation
• Tadano Ltd.
• Haulotte Group SA
• Enerpac Tool Group Coporation
• Weber-Hydraulik GmbH
• Hydac Internation GmbH
• Halmatro
• Schramm Inc.
• Mahindra Construction Equipment
Regional Dominance: Which Area Leads the Global Mobile Hydraulic Equipment Market?
North America was the largest region in the mobile hydraulic equipment market in 2024
