Fluid Power Equipment Market Size, Trends, Growth & Report 2025-2033
Global Fluid Power Equipment Industry: Key Statistics and Insights in 2025-2033
Summary:
- The global fluid power equipment market size reached USD 51.9 Billion in 2024.
- The market is expected to reach USD 90.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.02% during 2025-2033.
- Asia Pacific leads the market, accounting for the largest fluid power equipment market share.
- Hydraulics account for the majority of the market share in the product segment as they deliver high power and precise control in demanding applications.
- On the basis of the component, the market has been divided into pumps, motors, valves, cylinder, accumulators and filters, and others.
- Construction holds the largest share in the fluid power equipment industry.
- The rising industrial automation is a primary driver of the fluid power equipment market.
- Construction and infrastructure development and thriving aerospace and automotive sectors are reshaping the fluid power equipment market.
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Industry Trends and Drivers:
- Industrial Automation:
The push towards industrial automation is a significant driver of the fluid power equipment market. As industries seek to enhance productivity and efficiency, they are increasingly integrating automated systems into their operations. Fluid power systems, particularly hydraulic and pneumatic technologies, play a vital role in automation by powering machinery and equipment that perform repetitive tasks with precision. Industries, such as manufacturing, automotive, and food processing, utilize fluid power for functions like material handling, assembly, and packaging. The ability of fluid power systems to provide high force in a compact form, coupled with their ease of control and responsiveness, makes them indispensable in automated processes. As companies strive to optimize production and reduce labor costs, the demand for fluid power equipment is expected to grow significantly.
- Construction and Infrastructure Development:
The growing demand for fluid power equipment on account of the thriving construction industry is offering a favorable market outlook. There is a rise in the need for construction machinery powered by fluid power systems owing to rapid urbanization. Hydraulic equipment is essential for various applications, including excavating, lifting, and material handling, making it a critical component in construction projects. Additionally, investments in roads, bridges, and airports are catalyzing the demand for fluid power equipment. The trend towards sustainable and energy-efficient construction practices also promotes the adoption of advanced hydraulic systems that can enhance the overall efficiency of construction operations.
- Thriving Aerospace and Automotive Sectors:
The aerospace and automotive industries are significant consumers of fluid power equipment, driving innovation and demand in this sector. In aviation, hydraulic systems are vital for controlling critical functions, such as landing gear, flaps, and brakes, making reliability and performance paramount. As the aerospace sector continues to evolve with advancements in technology and an increasing focus on fuel efficiency, the demand for more sophisticated and efficient hydraulic systems rises. Similarly, in the automotive industry, hydraulic systems are used in braking, steering, and suspension, with the push toward electric and hybrid vehicles. As automotive manufacturers aim to improve vehicle performance and safety, the demand for innovative fluid power equipment will likely grow.
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Fluid Power Equipment Market Report Segmentation:
Breakup By Product:
- Hydraulics
- Pneumatics
- Others
Hydraulics account for the majority of shares as they deliver high power and precise control in demanding applications.
Breakup By Component:
- Pumps
- Motors
- Valves
- Cylinder
- Accumulators and Filters
- Others
On the basis of the component, the market has been divided into pumps, motors, valves, cylinder, accumulators and filters, and others.
Breakup By Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Asia Pacific enjoys the leading position owing to a large market for fluid power equipment driven by rapid urbanization and industrialization.
Top Fluid Power Equipment Market Leaders:
The fluid power equipment market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:
- Bosch Rexroth AG (Robert Bosch GmbH)
- Bucher Industries AG
- Daikin Industries Ltd.
- Eaton Corporation PLC
- Fluid Power Equipment Inc.
- HAWE Hydraulik SE
- HYDAC International GmbH
- Hydraforce Inc.
- Kawasaki Heavy Industries Ltd.
- Nachi-Fujikoshi Corp.
- Parker-Hannifin Corporation
- Sparrows Offshore Group Limited
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