Global Hydraulic Equipment Market 2024-2028

Global Hydraulic Equipment Market 2024-2028


The hydraulic equipment market is forecasted to grow by USD 16.80 bn during 2023-2028, accelerating at a CAGR of 4.61% during the forecast period. The report on the hydraulic equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the emergence of industrial automation, rising infrastructure development globally, and increasing adoption of electric vehicles.

Technavio's hydraulic equipment market is segmented as below:

By Product
  • Pump and motor
  • Valve
  • Cylinder
  • Accumulator and filter
  • Others
By Application
  • Mobile
  • Industrial
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the technological advancements in the hydraulic equipment industry as one of the prime reasons driving the hydraulic equipment market growth during the next few years. Also, a rising focus on manufacturing energy-efficient hydraulic equipment and a growing shift toward service-based business models will lead to sizable demand in the market.

The report on the hydraulic equipment market covers the following areas:
  • Hydraulic equipment market sizing
  • Hydraulic equipment market forecast
  • Hydraulic equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydraulic equipment market vendors that include 2G Engineering, Caterpillar Inc., Daikin Industries Ltd., Dana Inc., Dyna Flex Inc, Eaton Corp. Plc, Emerson Electric Co., Enerpac Tool Group Corp., Flowserve Corp., Gates Industrial Corp. Plc, Hangzhou WREN hydraulic equipment manufacture Co. Ltd., HANNON HYDRUALICS LLC, HYDAC International GmbH, Kawasaki Heavy Industries Ltd., Komatsu Ltd., Kurt Manufacturing Co, Ligon Industries LLC, Moog Inc., NITTA Corp., NRP Jones, OLMEC Srl, Pacoma GmbH, Parker Hannifin Corp., Rexa Inc., Robert Bosch GmbH, Siemens AG, SMC Corp, Texas Hydraulics, The Kerry Co. Inc., Transfer Oil S.p.A., WEBER HYDRAULIK GmbH, Wipro Ltd., and RYCO Hydraulics Pty Ltd.. Also, the hydraulic equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Product
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global hydraulic equipment market 2018 - 2022
      • Table Historic Market Size – Data Table on global hydraulic equipment market 2018 - 2022 ($ million)
    • Product Segment Analysis 2018 - 2022
      • Table Historic Market Size – Product Segment 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Product
    • Market segments
      • Table Chart on Product - Market share 2023-2028 (%)
      • Table Data Table on Product - Market share 2023-2028 (%)
    • Comparison by Product
      • Table Chart on Comparison by Product
      • Table Data Table on Comparison by Product
    • Pump and motor - Market size and forecast 2023-2028
      • Table Chart on Pump and motor - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Pump and motor - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Pump and motor - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pump and motor - Year-over-year growth 2023-2028 (%)
    • Valve - Market size and forecast 2023-2028
      • Table Chart on Valve - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Valve - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Valve - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Valve - Year-over-year growth 2023-2028 (%)
    • Cylinder - Market size and forecast 2023-2028
      • Table Chart on Cylinder - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Cylinder - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Cylinder - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Cylinder - Year-over-year growth 2023-2028 (%)
    • Accumulator and filter - Market size and forecast 2023- 2028
      • Table Chart on Accumulator and filter - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Accumulator and filter - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Accumulator and filter - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Accumulator and filter - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Product
      • Table Market opportunity by Product ($ million)
      • Table Data Table on Market opportunity by Product ($ million)
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Mobile - Market size and forecast 2023-2028
      • Table Chart on Mobile - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Mobile - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Mobile - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Mobile - Year-over-year growth 2023-2028 (%)
    • Industrial - Market size and forecast 2023-2028
      • Table Chart on Industrial - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Industrial - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Industrial - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Industrial - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • India - Market size and forecast 2023-2028
      • Table Chart on India - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Table Chart on India - Year-over-year growth 2023-2028 (%)
      • Table Data Table on India - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Emergence of industrial automation
      • Rising infrastructure development globally
      • Increasing adoption of electric vehicles
    • Market challenges
      • Fluctuation in raw material prices
      • Increasing replacement of hydraulic tools with electric and pneumatic tools
      • Availability of counterfeit products for hydraulic equipment
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Technological advancements in hydraulic equipment industry
      • Rising focus on manufacturing energy-efficient hydraulic equipment
      • Growing shift toward service-based business models
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • 2G Engineering
      • Table 2G Engineering - Overview
      • Table 2G Engineering - Product / Service
      • Table 2G Engineering - Key offerings
    • Caterpillar Inc.
      • Table Caterpillar Inc. - Overview
      • Table Caterpillar Inc. - Business segments
      • Table Caterpillar Inc. - Key news
      • Table Caterpillar Inc. - Key offerings
      • Table Caterpillar Inc. - Segment focus
    • Daikin Industries Ltd.
      • Table Daikin Industries Ltd. - Overview
      • Table Daikin Industries Ltd. - Business segments
      • Table Daikin Industries Ltd. - Key offerings
      • Table Daikin Industries Ltd. - Segment focus
    • Dana Inc.
      • Table Dana Inc. - Overview
      • Table Dana Inc. - Business segments
      • Table Dana Inc. - Key news
      • Table Dana Inc. - Key offerings
      • Table Dana Inc. - Segment focus
    • Dyna Flex Inc
      • Table Dyna Flex Inc - Overview
      • Table Dyna Flex Inc - Product / Service
      • Table Dyna Flex Inc - Key offerings
    • Eaton Corp. Plc
      • Table Eaton Corp. Plc - Overview
      • Table Eaton Corp. Plc - Business segments
      • Table Eaton Corp. Plc - Key offerings
      • Table Eaton Corp. Plc - Segment focus
    • Emerson Electric Co.
      • Table Emerson Electric Co. - Overview
      • Table Emerson Electric Co. - Business segments
      • Table Emerson Electric Co. - Key news
      • Table Emerson Electric Co. - Key offerings
      • Table Emerson Electric Co. - Segment focus
    • Enerpac Tool Group Corp.
      • Table Enerpac Tool Group Corp. - Overview
      • Table Enerpac Tool Group Corp. - Product / Service
      • Table Enerpac Tool Group Corp. - Key offerings
    • Kawasaki Heavy Industries Ltd.
      • Table Kawasaki Heavy Industries Ltd. - Overview
      • Table Kawasaki Heavy Industries Ltd. - Business segments
      • Table Kawasaki Heavy Industries Ltd. - Key offerings
      • Table Kawasaki Heavy Industries Ltd. - Segment focus
    • Komatsu Ltd.
      • Table Komatsu Ltd. - Overview
      • Table Komatsu Ltd. - Business segments
      • Table Komatsu Ltd. - Key news
      • Table Komatsu Ltd. - Key offerings
      • Table Komatsu Ltd. - Segment focus
    • Parker Hannifin Corp.
      • Table Parker Hannifin Corp. - Overview
      • Table Parker Hannifin Corp. - Business segments
      • Table Parker Hannifin Corp. - Key news
      • Table Parker Hannifin Corp. - Key offerings
      • Table Parker Hannifin Corp. - Segment focus
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Key news
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • WEBER HYDRAULIK GmbH
      • Table WEBER HYDRAULIK GmbH - Overview
      • Table WEBER HYDRAULIK GmbH - Product / Service
      • Table WEBER HYDRAULIK GmbH - Key offerings
    • Wipro Ltd.
      • Table Wipro Ltd. - Overview
      • Table Wipro Ltd. - Business segments
      • Table Wipro Ltd. - Key news
      • Table Wipro Ltd. - Key offerings
      • Table Wipro Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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