2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Factors Are Propelling the Market Growth of theHydraulics Market from 2025 to 2034?

The hydraulics market’s expansion is predicted to be fueled by the rising number of infrastructure development initiatives. These projects are driven by different factors such as quick urbanization, economic growth, public sector initiatives, technological development, modernization, environmental issues, globalization, population expansion, private sector involvement, better financing facilities, and preparation for resilience against natural calamities. Hydraulic technology holds an irreplaceable role in infrastructure development as it facilitates the building, maintenance, and management of a variety of structural works. To illustrate, in 2022, the total government investment in infrastructure increased by 9.6% compared to 2021, as per the UK-based Office for National Statistics, an executive government agency, in July 2024. Furthermore, the overall government expenditure on infrastructure in 2022 was roughly $32.4 billion, of which approximately $24.1 billion was contributed by the federal government, while local governments provided the remaining $8.6 billion. Consequently, the mounting infrastructure development projects play a critical role in propelling the hydraulics market’s growth.

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#What Are the Key Projections for the CAGR of the Hydraulics Market From 2025 to 2034?

In the last few years, the hydraulics market has seen a strong ascension in its size. The anticipated growth is from $42.59 billion in 2024 to about $44.75 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.1%. The impressive growth witnessed in the historic period can be credited to several factors such as the rise in the utilization of hydraulic fluids, escalated use of hydraulic systems in assorted industries such as aerospace, marine, oil and gas, manufacturing, and transportation.

The hydraulics market is projected to witness consistent growth in the coming years, reaching a value of $53.73 billion in 2029 with a compound annual growth rate (CAGR) of 4.7%. The growth during the prediction period can be credited to government efforts focused on infrastructure refurbishment and modernization, the requirement of high-functioning and efficient hydraulic systems, the ascent of urbanisation and smart cities, substantial research and development investments, and an emphasis on enhancing the durability and dependability of hydraulic parts. The forecasted period is also likely to see certain trends such as the amalgamation of hydraulic and electrical systems in construction equipment, utilizing sophisticated simulation tools for design and testing, the introduction of high-pressure hydraulic systems, innovation focused on reducing hydraulic systems’ noise levels, and the creation of digital twins of hydraulic systems.

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How Are Market Trends and Innovations Revolutionizing theHydraulics Industry in Recent Times?

Leading enterprises in the hydraulics market are creating inventive hydraulic elements to augment reliability, efficacy, and capacity. These hydraulic parts, which include pumps, valves, and cylinders, are critical for transferring power using fluid pressure. As an illustration, Danfoss, a manufacturing company based in Denmark, unveiled the Danfoss H1F fixed displacement bent axis hydraulic motor in November 2023. The Danfoss H1F fixed displacement bent axis hydraulic motor, with an overall efficiency of 95% and a compact framework, is ideal for both open- and closed-circuit applications. The motor is engineered for agriculture, construction, and forestry machinery, offering high performance and dependability.

Which Key Market Players Are Shaping the Future and Growth of theHydraulics Market?

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

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What Are the Core Segments of the Hydraulics Market, and How Do They Contribute to Growth?

The hydraulics market covered in this report is segmented –

1) By Product Type: Hydraulic Pumps, Hydraulic Motors, Hydraulic Cylinders, Hydraulic Valves, Hydraulic Filters, Other Product Types

2) By Application: Construction, Agriculture, Automotive, Aerospace, Oil And Gas, Mining, Marine, Other Applications

3) By End-User: Original Equipment Manufacturers (OEMS), Aftermarket

Subsegments:

1) By Hydraulic Pumps: Gear Pumps, Piston Pumps, Vane Pumps, Screw Pumps

2) By Hydraulic Motors: Gear Motors, Vane Motors, Piston Motors, Radial Piston Motors

3) By Hydraulic Cylinders: Single-Acting Cylinders, Double-Acting Cylinders, Telescopic Cylinders, Rodless Cylinders

4) By Hydraulic Valves: Directional Control Valves, Pressure Relief Valves, Flow Control Valves, Check Valves

5) By Hydraulic Filters: Return Line Filters, Pressure Line Filters, Suction Filters, Inline Filters

6) By Other Product Types: Hydraulic Accumulators, Hydraulic Tanks, Hydraulic Hose And Fittings, Hydraulic Seal Kits

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What Regions Are Dominating the Hydraulics Market Growth?

Asia-Pacific was the largest region in the hydraulics market in 2023. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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