Global Hydraulic Pumps Market Size Study, By Type, By Operating Pressure, By End-Use and Regional Forecasts 2022-2032

Description

The global Hydraulic Pumps Market was valued at approximately USD 10.52 billion in 2023 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.9% over the forecast period 2024-2032. Hydraulic pumps play an indispensable role in fluid power systems, enabling industries to efficiently convert mechanical energy into hydraulic energy for various applications. As industries such as construction, automotive, agriculture, mining, and manufacturing increasingly integrate hydraulic solutions, the demand for advanced energy-efficient, high-performance, and durable hydraulic pumps continues to surge. The global shift towards automation and smart hydraulic systems is fostering innovation in pump designs, leading to enhanced precision, reduced operational costs, and optimized performance across multiple sectors.

The construction industry remains one of the largest consumers of hydraulic pumps, with growing investments in infrastructure development, urbanization projects, and heavy-duty equipment fueling market expansion. The automotive sector is also experiencing an uptrend in demand, particularly with the increasing adoption of electric and hybrid vehicles (EVs) that incorporate electro-hydraulic systems to improve energy efficiency and vehicle performance. Additionally, the agriculture industry is leveraging hydraulic pumps for modern irrigation systems, precision farming, and automated equipment, ensuring enhanced crop productivity and water conservation.

Despite the optimistic growth trajectory, the market faces certain challenges such as high maintenance costs, stringent regulatory mandates, and competition from alternative power systems (electric and pneumatic solutions). However, technological advancements in variable displacement pumps, AI-integrated predictive maintenance, and real-time monitoring systems are expected to address these concerns, making hydraulic systems more efficient, cost-effective, and environmentally sustainable. Moreover, the transition towards bio-based hydraulic fluids and green energy-powered hydraulic solutions presents significant opportunities for industry players to align with sustainability goals and regulatory compliance frameworks.

Geographically, Asia Pacific dominates the hydraulic pumps market, with China, India, and Japan leading in terms of revenue generation, primarily due to rapid industrialization, infrastructure expansion, and manufacturing growth. North America and Europe also account for substantial market shares, driven by advanced manufacturing capabilities, robust industrial automation, and strong investments in smart factory solutions. The Middle East & Africa and Latin America markets are projected to experience steady growth, propelled by oil & gas exploration projects, mining activities, and urban infrastructure development.

Major Market Players Included in this Report Are:

Parker Hannifin Corp
Bosch Rexroth Corporation
Eaton
Danfoss
Kawasaki Heavy Industries, Ltd.
HYDAC International GmbH
Bucher Hydraulics GmbH
LHY Powertrain GmbH & Co. KG
Shimadzu Corporation
DAIKIN INDUSTRIES, Ltd.
Yuken Kogyo Co., Ltd.
Casappa S.p.A
Actuant Corporation
Oilgear Company
Nachi-Fujikoshi Corporation

The detailed segments and sub-segments of the market are explained below:

By Type:

Gear Pump
Vane Pump
Piston Pump
Screw Pump
Others

By Operating Pressure:

Up to 3000 PSI
3001 to 6000 PSI
Above 6000 PSI

By End-Use:

Construction
Automotive
Agriculture
Mining
Oil & Gas
Industrial Machinery
Others

By Region:

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
UAE
South Africa
Rest of Middle East & Africa

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with country-level breakdown.
Competitive landscape with key market player profiling.
Analysis of key business strategies and recommendations on future market approaches.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Hydraulic Pumps Market Executive Summary

1.1. Global Hydraulic Pumps Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Operating Pressure
- 1.3.3. By End-Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Hydraulic Pumps Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Hydraulic Pumps Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Demand for Machinery in Key Industries
- 3.1.2. Technological Advancements in Pump Design
- 3.1.3. Growing Focus on Automation & Energy Efficiency
3.2. Market Challenges
- 3.2.1. High Maintenance Costs & Operational Expenses
- 3.2.2. Competition from Alternative Power Systems
3.3. Market Opportunities
- 3.3.1. Growing Emphasis on Sustainability
- 3.3.2. Expansion in Emerging Economies
- 3.3.3. Rise of Bio-Based Hydraulic Fluids

Chapter 4. Global Hydraulic Pumps Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Hydraulic Pumps Market Size & Forecasts by Type 2022-2032

5.1. Segment Dashboard
5.2. Global Hydraulic Pumps Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Gear Pump
- 5.2.2. Vane Pump
- 5.2.3. Piston Pump
- 5.2.4. Screw Pump
- 5.2.5. Others

Chapter 6. Global Hydraulic Pumps Market Size & Forecasts by Operating Pressure 2022-2032

6.1. Segment Dashboard
6.2. Global Hydraulic Pumps Market: Operating Pressure Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Up to 3000 PSI
- 6.2.2. 3001 to 6000 PSI
- 6.2.3. Above 6000 PSI

Chapter 7. Global Hydraulic Pumps Market Size & Forecasts by End-Use 2022-2032

7.1. Segment Dashboard
7.2. Global Hydraulic Pumps Market: End-Use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Construction
- 7.2.2. Automotive
- 7.2.3. Agriculture
- 7.2.4. Mining
- 7.2.5. Oil & Gas
- 7.2.6. Industrial Machinery
- 7.2.7. Others

Chapter 8. Global Hydraulic Pumps Market Size & Forecasts by Region 2022-2032

8.1. North America Hydraulic Pumps Market
- 8.1.1. U.S. Hydraulic Pumps Market
  - 8.1.1.1. Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. End-Use breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Hydraulic Pumps Market
- 8.1.3. Mexico Hydraulic Pumps Market
8.2. Europe Hydraulic Pumps Market
- 8.2.1. Germany Hydraulic Pumps Market
- 8.2.2. UK Hydraulic Pumps Market
- 8.2.3. France Hydraulic Pumps Market
- 8.2.4. Italy Hydraulic Pumps Market
- 8.2.5. Spain Hydraulic Pumps Market
- 8.2.6. Rest of Europe Hydraulic Pumps Market
8.3. Asia Pacific Hydraulic Pumps Market
- 8.3.1. China Hydraulic Pumps Market
- 8.3.2. India Hydraulic Pumps Market
- 8.3.3. Japan Hydraulic Pumps Market
- 8.3.4. Australia Hydraulic Pumps Market
- 8.3.5. South Korea Hydraulic Pumps Market
- 8.3.6. Rest of Asia Pacific Hydraulic Pumps Market
8.4. Latin America Hydraulic Pumps Market
- 8.4.1. Brazil Hydraulic Pumps Market
- 8.4.2. Argentina Hydraulic Pumps Market
- 8.4.3. Rest of Latin America Hydraulic Pumps Market
8.5. Middle East & Africa Hydraulic Pumps Market
- 8.5.1. Saudi Arabia Hydraulic Pumps Market
- 8.5.2. South Africa Hydraulic Pumps Market
- 8.5.3. Rest of Middle East & Africa Hydraulic Pumps Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Parker Hannifin Corp
- 9.1.2. Bosch Rexroth Corporation
- 9.1.3. Eaton
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Parker Hannifin Corp
- 9.3.2. Bosch Rexroth Corporation
- 9.3.3. Eaton
- 9.3.4. Danfoss
- 9.3.5. Kawasaki Heavy Industries, Ltd.
- 9.3.6. HYDAC International GmbH
- 9.3.7. Bucher Hydraulics GmbH
- 9.3.8. LHY Powertrain GmbH & Co. KG
- 9.3.9. Shimadzu Corporation
- 9.3.10. DAIKIN INDUSTRIES, Ltd

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes