Highlights:
The global market for hydraulic pumps and motors was valued at $18.0 billion in 2022. The market is estimated to grow from $18.8 billion in 2023 to reach $22.9 billion by 2028, at a compound annual growth rate (CAGR) of 4.0% from 2023 to 2028.
North American market for hydraulic pumps and motors is estimated to grow from $5.2 billion in 2023 to reach $6.3 billion by 2028, at a CAGR of 3.9% from 2023 to 2028.
Asia-Pacific market for hydraulic pumps and motors is estimated to grow from $6.4 billion in 2023 to reach $8.2 billion by 2028, at a CAGR of 5.1% from 2023 to 2028.
Report Scope:
In this report, the market has been segmented based on type, applications and geography. The report provides an overview of the global hydraulic pumps and motors market and analyzes market trends. Using 2022 as the base year, the report provides estimated market data for 2023-2028. Revenue forecasts for this period are segmented based on type, applications and geography. Market values have been estimated based on a triangulation method that involves using parameters such as the total revenue of hydraulic pumps and motors providers, primary interview result, and secondary white paper information.
The report covers the market for hydraulic pumps and motors with regard to the application base across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for hydraulic pumps and motors in 2022 and provides projections for the expected market size through 2028. The scope of the study includes type, applications and geography.
Report includes:
- 102 data tables and 47 additional tables
- An up-to-date overview and industry analysis of the global markets for hydraulic pumps and motors
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, forecasts for 2024, and projections of compound annual growth rates (CAGRs) through 2028
- In-depth information (facts and figures) concerning the market's drivers, opportunities and challenges, upcoming technologies, prospects, regulations and standards, and the impact of macroeconomic variables influencing demand over the period of 2023 to 2028
- Estimates of the actual market size and revenue growth forecast for hydraulic pumps and motors in USD millions, and a corresponding analysis of market share based on type of motors and pumps, application and region
- A value chain analysis of the global market for hydraulic pumps and motors, providing a systematic study of key intermediaries involved, with emphasis on raw materials suppliers and major types of end users
- An analysis of market growth opportunities with a holistic review of Porter's Five Forces as well as PESTLE, taking into consideration both micro- and macroeconomic factors prevailing in the market
- A look at the major manufacturers of hydraulic pumps and motors and an analysis of the industry structure , including market shares, and recent mergers and acquisitions (M&A) activity
- Insight into the importance of ESG in the market for hydraulic pumps and motors, consumer attitudes, an assessment of risks and opportunities, and the ESG practices followed by the manufacturers
- Review of the key patents granted and pending patent applications related to hydraulic pumps and motors, along with emerging technologies and new developments in the global market
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, key financials and segmental revenues, and operational integration
- Detailed profiles of the leading companies