PUBLISHER: The Business Research Company | PRODUCT CODE: 1932626
PUBLISHER: The Business Research Company | PRODUCT CODE: 1932626
Hydraulics is a branch of science and engineering focused on utilizing liquids to generate, control, and transmit power. It involves using pressurized fluid within confined spaces to achieve tasks such as lifting heavy objects or controlling machinery. Hydraulic systems are widely employed across industries for their efficiency and versatility in power transmission.
The main product categories in hydraulics include hydraulic pumps, hydraulic motors, hydraulic cylinders, hydraulic valves, hydraulic filters, and other related components. Hydraulic pumps are mechanical devices that convert mechanical energy into hydraulic energy by moving fluids, typically oil, within a hydraulic system. These systems find applications in various industries including construction, agriculture, automotive, aerospace, oil and gas, mining, marine, and others, catering to a diverse range of end-users such as original equipment manufacturers (OEMs) and aftermarket providers.
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 affecting the hydraulics market by increasing costs of imported pumps, valves, cylinders, filters, and precision components essential for hydraulic systems. Heavy industries in North America and Europe are particularly impacted due to globalized supply chains, while Asia-Pacific manufacturers face export pricing pressures. These tariffs raise system costs and slow capital equipment investments. However, they are promoting regional manufacturing, supplier diversification, and innovation in compact, efficient, and digitally enabled hydraulic systems tailored to local market requirements.
The hydraulics market research report is one of a series of new reports from The Business Research Company that provides hydraulics market statistics, including the hydraulics industry global market size, regional shares, competitors with hydraulics market share, detailed hydraulics market segments, market trends, and opportunities, and any further data you may need to thrive in the hydraulics industry. These hydraulics market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The hydraulics market size has grown steadily in recent years. It will grow from $44.04 billion in 2025 to $45.89 billion in 2026 at a compound annual growth rate (CAGR) of 4.2%. The growth in the historic period can be attributed to industrial mechanization, construction equipment growth, traditional power transmission systems, mining and agriculture expansion, infrastructure investments.
The hydraulics market size is expected to see steady growth in the next few years. It will grow to $53.43 billion in 2030 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to smart hydraulics adoption, energy efficiency regulations, automation in machinery, predictive maintenance growth, modernization of industrial equipment. Major trends in the forecast period include integration of advanced hydraulic systems, demand for high power density solutions, expansion across heavy industries, focus on reliability and efficiency, growth of aftermarket services.
The growing infrastructure development projects are expected to propel the growth of the hydraulics market going forward. These projects are driven by rapid urbanization, economic growth, government initiatives, technological advancements, modernization, environmental concerns, globalization, population growth, private sector participation, improved financing options, and resilience planning against natural disasters. Hydraulic technology is essential in infrastructure development because it enables the construction, maintenance, and management of various structural projects. For instance, in July 2024, according to the Office for National Statistics, a UK-based government agency, new infrastructure construction in 2023 had a total value of £36.6 billion (USD $46.5 billion), reflecting a 10.8% increase compared with 2022. Therefore, the expansion of infrastructure development projects is driving the growth of the hydraulics market.
Major companies in the hydraulics market are developing innovative hydraulic components to enhance efficiency, reliability, and performance. Hydraulic components include pumps, valves, and cylinders that transmit power through fluid pressure. For example, in November 2023, Danfoss, a Denmark-based manufacturing company, launched the Danfoss H1F fixed displacement bent axis hydraulic motor, offering up to 95% overall efficiency in a compact design suitable for both open- and closed-circuit applications. This motor is designed for agriculture, construction, and forestry machinery, delivering high performance and reliability.
In February 2023, Bosch Rexroth, a Germany-based automation machinery manufacturing company, acquired HydraForce to strengthen its North American presence and expand its global compact hydraulics offerings for sustained growth. HydraForce Inc., a US-based industrial machinery manufacturing company, specializes in hydraulic control valves and mobile and industrial equipment solutions.
Major companies operating in the hydraulics market are Caterpillar Inc, Komatsu Ltd, Eaton Corporation, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Webtec Products Limited, Moog Inc., KYB Corporation, HYDAC International GmbH, Nachi-Fujikoshi Corporation, Bucher Hydraulics, Hengli Hydraulic, HAWE Hydraulik SE, HydraForce Inc., Concentric Hydraulics, Prince Manufacturing Corporation, Linde Hydraulics GmbH & Co. KG, Oilgear Company, Yuken Kogyo Co. Ltd., Cross Manufacturing Company Inc., Walvoil S.p.A, Permco Inc., Salami SpA
Asia-Pacific was the largest region in the hydraulics market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the hydraulics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the hydraulics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The hydraulics market consists of revenues earned by entities by providing services such as installation services, maintenance and repair services, system design and engineering services. The market value includes the value of related goods sold by the service provider or included within the service offering. The hydraulics market also includes sales of hoses, fittings, power units, accumulators, and filtration systems. 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.
Hydraulics 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 hydraulics 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 hydraulics ? 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 hydraulics 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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