PUBLISHER: The Business Research Company | PRODUCT CODE: 1932620
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932620
Hydraulic pumps transform mechanical energy into hydraulic energy by inducing a vacuum at the intake and driving liquid from the reservoir into the inlet line, facilitating its movement into the hydraulic system through mechanical action.
The primary types of hydraulic pumps include gear pumps, vane pumps, piston pumps, and screw pumps. Gear pumps, with fixed displacement designs, operate by pumping fluid through systems using a prime mover such as an engine or motor. These are used in mobile and industrial applications across industries such as construction, mining, agriculture, machinery, automotive, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the hydraulic pumps market by increasing the cost of imported castings, precision machined components, bearings, and sealing systems. Construction, mining, and industrial machinery manufacturers in North America and Europe are particularly affected due to dependence on imported pump components, while Asia-Pacific suppliers face margin pressure in export markets. These tariffs raise production costs and delay equipment manufacturing schedules. However, they are driving localization of pump manufacturing, alternative material usage, and innovation in efficient and digitally monitored hydraulic pump solutions.
The hydraulic pumps market research report is one of a series of new reports from The Business Research Company that provides hydraulic pumps market statistics, including hydraulic pumps industry global market size, regional shares, competitors with a hydraulic pumps market share, detailed hydraulic pumps market segments, market trends and opportunities, and any further data you may need to thrive in the hydraulic pumps industry. These hydraulic pumps market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hydraulic pumps market size has grown strongly in recent years. It will grow from $10.87 billion in 2025 to $11.53 billion in 2026 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to industrial machinery expansion, construction equipment demand, agricultural mechanization, reliance on hydraulic power systems, mining activity growth.
The hydraulic pumps market size is expected to see strong growth in the next few years. It will grow to $14.63 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to equipment electrification trends, demand for energy efficient hydraulics, smart pump monitoring adoption, infrastructure development, replacement of legacy pumps. Major trends in the forecast period include demand for high efficiency pump designs, growth of variable displacement pumps, expansion of mobile equipment usage, focus on noise and vibration reduction, rising adoption in heavy machinery.
The rising focus on renewable energy production is expected to propel the growth of the hydraulic pumps market going forward. Renewable energy production involves generating energy from naturally replenished sources, such as wind and solar, ensuring sustainable long-term availability. Hydraulic pumps enhance renewable energy systems by improving efficiency, reliability, and performance through precise control of fluid flow and pressure. For instance, in January 2023, according to the US Energy Information Administration, renewable energy sources were expected to account for 16% of total energy generation in 2023, up from 14% in 2022. Therefore, the increasing emphasis on renewable energy is driving the demand for hydraulic pumps globally.
Major companies in the hydraulic pump market are integrating advanced control flow technologies to enhance performance and profitability. Control flow systems regulate fluid flow, pressure, and direction within the hydraulic pump, optimizing operation for various applications. For example, in June 2023, SPX Flow Inc., a US-based heat transfer solution provider, launched the PE60 Series hydraulic pump. Designed for high-pressure bolting tools in power generation, construction, machinery maintenance, and utility applications, it features advanced control technology, automatic cycle functionality, extended runtime, and "plug and play" accessories. A new hand control pendant improves operator comfort and reduces fatigue, while the platform supports a wide range of valves and control elements without requiring custom designs.
In October 2024, JOST Werke SE, a Germany-based supplier of safety-critical systems for commercial vehicles, acquired Hyva III B.V. for US$398 million. This acquisition provides JOST access to Hyva's global hydraulic solutions business, including tipping cylinders, container-lifting systems, waste-handling equipment, and other hydraulic assemblies, expanding its commercial-vehicle product portfolio and strengthening its global market presence. Hyva, based in the Netherlands, specializes in hydraulic solutions for commercial vehicles and holds a leading position in hydraulic tipping cylinders worldwide. Therefore, the JOST-Hyva acquisition is expected to further accelerate growth in the hydraulic pumps market.
Major companies operating 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, 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 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulic pumps market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the hydraulic pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hydraulic pumps market consists of sales of rotary vane pumps, bent axis pumps, inline axial piston pumps, radial piston pumps. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Hydraulic Pumps Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses hydraulic pumps market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for hydraulic pumps ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The hydraulic pumps market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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