Industrial Hydraulic Equipment Market Scope & Volume Analysis with Executive Summary 2030

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The Global Industrial Hydraulic Equipment Market size was valued at around USD 39.4 billion in 2024 and is projected to reach USD 47.71 billion by 2030. Along with this, the market is projected to grow at a CAGR rate of around 3.24% during the forecast period, 2025-30.

Future Global Industrial Hydraulic Equipment Market: Key Dynamics, Size & Share Analysis

The Global Industrial Hydraulic Equipment Market size was valued at around USD 39.4 billion in 2024 and is projected to reach USD 47.71 billion by 2030. Along with this, the market is projected to grow at a CAGR rate of around 3.24% during the forecast period, 2025-30. 

Top Driver Impacting the Global Industrial Hydraulic Equipment Market Growth

Surging Industrial & Construction Activities – The market growth is primarily driven by the increasing activity in the industrial and construction sectors, particularly in developing regions such as Asia and South America. This is due to the rapidly growing population and urbanization, which is driving large investments in infrastructure, thereby driving the demand for heavy industrial equipment that relies on hydraulic systems. Additionally, the market growth is driven by the national initiatives globally. For Instance, India’s National Infrastructure Pipeline (NIP) allocated around USD1.4 trillion over five years to sectors such as construction, logistics infrastructure, roads & highways, etc. Similarly, the Infrastructure Investment and Jobs Act (IIJA) is a USD1.2 trillion infrastructure package for funding infrastructure projects such as roads, bridges, public transit, ports and waterways, airports, etc. in the United States. This is increasing the demand for heavy machinery such as excavators, cranes, loaders, dump trucks, bulldozers, etc., all of which are powered by industrial hydraulic equipment.

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Understanding the Core Segments in the Industrial Hydraulic Equipment Market

Industrial Hydraulic Equipment Market Size, Share & Industry Trends Analysis - By Component (Pumps, Valves, Motors, Cylinders, Transmission, Filters, Others), By Distribution Channel (Direct Sales, Indirect Sales), By End User (Construction, Agriculture, Material Handling & Mining, Oil & Gas, Industrial Manufacturing, Aerospace & Defense, Marine, Others), and others

Geographical Analysis of the Smart Irrigation Market

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Regionally, Asia-Pacific or APAC leads this global industry. The dominance is due to continued economic activities, growing population, and increasing industrialization in the region, particularly in countries such as China and India, which are driving the continued construction of public buildings, infrastructure, transportation networks, etc.,

Who Dominates the Industrial Hydraulic Equipment Market Insights on Key Industry Players?

Companies are strengthening their presence in the Industrial Hydraulic Equipment market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

  • Bosch Rexroth AG
  • Eaton Corporation PLC
  • Parker Hannifin Corporation
  • Kawasaki Heavy Industries
  • Danfoss Group
  • Hydac International GmbH
  • HAWE Hydraulik SE
  • Bucher Hydraulics
  • Moog Inc.
  • Nachi-Fujikoshi Corp.
  • Hitachi Construction Machinery Co., Ltd.
  • Caterpillar
  • Komatsu
  • KTI Hydraulics
  • Mitsubishi Heavy Industries
  • Others

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