PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807452
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1807452
The mobile hydraulic power units market size is expected to reach USD 18.02 Billion by 2034, according to a new study by Polaris Market Research. The report "Mobile Hydraulic Power Unit Market Share, Size, Trends, Industry Analysis Report: By Type, By End User, and By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Mobile hydraulic power units are compact, self-contained systems that deliver hydraulic power for a wide range of applications in construction, mining, smart agriculture, and industrial operations. These units are essential in powering machinery in remote or mobile work environments where a stationary power source is not feasible. The ability to operate under demanding conditions makes them indispensable for industries requiring flexibility, efficiency, and reliability.
The market growth is fueled by the expansion of the global mining industry, which demands robust and efficient power solutions to operate heavy-duty machinery in challenging terrains. The rising installations of solar energy projects worldwide are driving demand for mobile hydraulic power units in construction, assembly, and maintenance activities.
Based on type, the customized mobile hydraulic power units segment is growing at the fastest CAGR, due to its ability to meet specific operational requirements across diverse industries.
Based on end user, the construction segment held the dominant market share in 2024, driven by its need in large-scale infrastructure projects.
Asia Pacific held the dominating global mobile hydraulic power unit market in 2024, fueled by rapid urbanization and large-scale renewable energy projects.
North America is growth at the fastest CAGR, due to strong demand from energy sectors coupled with infrastructure upgrades.
A few global key market players include Bosch Rexroth AG, Parker Hannifin Corporation, Eaton Corporation plc, Nachi-Fujikoshi Corp., Hydac International GmbH, Bucher Hydraulics GmbH, Kawasaki Heavy Industries, Ltd., Dynex/Rivett Inc., Hydrauvision, Weber Hydraulik GmbH, Zenith Hydromatic Pvt. Ltd., and Danfoss A/S.
Polaris Market Research has segmented the market report on the basis of type, end user, and region:
By Type Outlook (Revenue, USD Billion, 2020-2034)
Standard Mobile Hydraulic Power Units
Customized Mobile Hydraulic Power Units
Compact Mobile Hydraulic Power Units
By End User Outlook (Revenue, USD Billion, 2020-2034)
Construction
Agriculture
Oil & Gas
Energy & Power Generation
Aerospace & Defense
Others
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America