Hydraulic Pumps Market
Hydraulic Pumps Market Forecasts to 2032 - Global Analysis By Product Type (Gear Pumps, Vane Pumps, Piston Pumps, Screw Pumps and Other Product Types), Pressure Range, Displacement Type, Control Type, Power Source, Application and By Geography
|
Years Covered |
2024-2032 |
|
Estimated Year Value (2025) |
US $11.8 BN |
|
Projected Year Value (2032) |
US $21.4 BN |
|
CAGR (2025-2032) |
8.8% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Hydraulic Pumps Market is accounted for $11.8 billion in 2025 and is expected to reach $21.4 billion by 2032 growing at a CAGR of 8.8% during the forecast period. Hydraulic pumps are mechanical devices that convert mechanical energy into hydraulic pressure to power fluid-based systems. They generate flow and transmit force by pressurizing liquids, enabling efficient operation in industrial machinery, construction equipment, and automotive applications. Designed for durability and precision, hydraulic pumps regulate fluid movement in hydraulic circuits, ensuring optimal performance. Their widespread use in heavy-duty systems, such as excavators and manufacturing units, highlights their critical role in energy transfer and motion control within hydraulic mechanisms.
According to the US Energy Information Administration, dry natural gas production will increase from 95.1 billion cubic ft per day in October 2021 to 97.5 billion cubic ft per day by December last year.
Market Dynamics:
Driver:
Increasing construction activities in developing economies
Increasing construction activities in developing economies are driving demand for hydraulic pumps across various infrastructure projects. The growth of urbanization and industrial expansion is creating a need for heavy machinery, where hydraulic systems play a crucial role in ensuring efficiency and reliability. Governments are investing in large-scale infrastructure, including roads, bridges, and commercial complexes, further supporting market growth.
Restraint:
Presence of alternative power systems
The presence of alternative power systems, such as electric and pneumatic technologies, is impacting hydraulic pump adoption. As industries explore energy-efficient alternatives, electric actuators and motor-driven systems are gaining popularity due to their lower maintenance requirements and reduced environmental footprint. Additionally, concerns over hydraulic fluid leakage and operational inefficiencies push manufacturers toward newer technologies.
Opportunity:
Growing focus on renewable energy
Hydraulic systems are being integrated into wind turbines, hydroelectric plants, and advanced energy storage technologies to improve operational efficiency. Research into biodegradable hydraulic fluids and energy-efficient pump designs is aligning with global sustainability goals, offering environmentally friendly alternatives. As industries transition to greener solutions, hydraulic pump advancements in renewable applications are expected to contribute to long-term market expansion.
Threat:
Increasing adoption of electric vehicles (EVs)
Traditional hydraulic systems, used in braking and power steering mechanisms, are being replaced with electric-driven components that offer enhanced energy efficiency and reduced maintenance. This shift in vehicle technology is prompting manufacturers to adapt their product offerings, developing hybrid solutions to maintain relevance in evolving automotive landscapes.
Covid-19 Impact:
The pandemic had a mixed impact on the hydraulic pump market, disrupting supply chains while highlighting the importance of automation and heavy machinery in recovery efforts. Initial production delays and labor shortages affected equipment availability, causing temporary declines in the sector. However, increased infrastructure investments post-pandemic have revived demand for hydraulic systems, particularly in construction and manufacturing industries.
The gear pumps segment is expected to be the largest during the forecast period
The gear pumps segment is expected to account for the largest market share during the forecast period due to its widespread use in various industrial and mobile applications. Gear pumps offer reliable performance, ease of maintenance, and consistent fluid transfer, making them an essential choice for construction equipment, agricultural machinery, and hydraulic power systems. Their compact design and efficiency further support their strong market positioning.
The fixed displacement segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the fixed displacement segment is predicted to witness the highest growth rate driven by the increasing demand for precision-controlled hydraulic solutions. Fixed displacement pumps provide constant flow rates, enhancing performance in applications that require stability and efficiency. Their integration into heavy-duty machinery and industrial automation systems is fueling market growth, particularly as manufacturers prioritize streamlined hydraulic technologies.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share driven by advancements in industrial automation, infrastructure development, and the presence of major manufacturers. Strong investments in construction and mining industries, coupled with ongoing technological innovation in hydraulic systems, reinforce the region’s dominance. Additionally, the demand for energy-efficient and high-performance hydraulic solutions is supporting steady market expansion.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR fueled by rapid industrialization, expanding construction projects, and increasing investments in manufacturing. Countries such as China, India, and Japan are leading hydraulic system advancements, integrating modernized technologies into diverse industrial applications. Government initiatives promoting large-scale infrastructure developments are further accelerating market growth,
Key players in the market
Some of the key players in Hydraulic Pumps Market include Parker Hannifin Corp, Bosch Rexroth Corporation, Eaton, Danfoss, LHY Powertrain GmbH & Co. KG, HYDAC International GmbH, Bucher Hydraulics GmbH, Shimadzu Corporation, Kawasaki Heavy Industries, Ltd., DAIKIN INDUSTRIES, Ltd, Eaton Corporation, Enerpac Tool Group, Linde Hydraulics, Dynamatic Technologies Ltd, Daikin Industries Ltd, KYB Corporation and Permco Inc.
Key Developments:
In May 2025, Bosch Rexroth, in collaboration with WITTENSTEIN motion control, unveiled the eSEA Spin multiturn subsea actuator at OTC 2025 in Houston. This innovative actuator electrifies the operation of flow valves in subsea systems, enhancing efficiency and reliability.
In April 2025, Eaton introduced the next-generation 9PX G2 uninterruptible power supply (UPS) systems, offering enhanced energy efficiency and scalability for IT and industrial applications. The new UPS systems feature advanced battery management and a compact design.
In January 2025, Danfoss's BOCK HGX56 CO? T compressor received the Refrigeration category award at the 2025 AHR Expo Innovation Awards. The compressor's innovative 6-cylinder design expands Danfoss's CO? product offerings.
Product Types Covered:
• Gear Pumps
• Vane Pumps
• Piston Pumps
• Screw Pumps
• Other Product Types
Pressure Ranges Covered:
• Up to 3000 PSI
• 3001 to 6000 PSI
• Above 6000 PSI
Displacement Types Covered:
• Positive Displacement
• Non-Positive Displacement
Control Types Covered:
• Fixed Displacement
• Variable Displacement
Power Sources Covered:
• Electric
• Gas
Applications Covered:
• Mobile Equipment
• Industrial Equipment
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Hydraulic Pumps Market, By Product Type
5.1 Introduction
5.2 Gear Pumps
5.3 Vane Pumps
5.4 Piston Pumps
5.5 Screw Pumps
5.6 Other Product Types
6 Global Hydraulic Pumps Market, By Pressure Range
6.1 Introduction
6.2 Up to 3000 PSI
6.3 3001 to 6000 PSI
6.4 Above 6000 PSI
7 Global Hydraulic Pumps Market, By Displacement Type
7.1 Introduction
7.2 Positive Displacement
7.3 Non-Positive Displacement
8 Global Hydraulic Pumps Market, By Control Type
8.1 Introduction
8.2 Fixed Displacement
8.3 Variable Displacement
9 Global Hydraulic Pumps Market, By Power Source
9.1 Introduction
9.2 Electric
9.3 Gas
10 Global Hydraulic Pumps Market, By Application
10.1 Introduction
10.2 Mobile Equipment
10.2.1 Construction Machinery
10.2.2 Agricultural Equipment
10.2.3 Mining Equipment
10.3 Industrial Equipment
10.3.1 Manufacturing & Automation
10.3.2 Machine Tools
10.3.3 Marine Applications
10.3.4 Oil & Gas Machinery
10.4 Other Applications
11 Global Hydraulic Pumps Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Parker Hannifin Corp
13.2 Bosch Rexroth Corporation
13.3 Eaton
13.4 Danfoss
13.5 LHY Powertrain GmbH & Co. KG
13.6 HYDAC International GmbH
13.7 Bucher Hydraulics GmbH
13.8 Shimadzu Corporation
13.9 Kawasaki Heavy Industries, Ltd.
13.10 DAIKIN INDUSTRIES, Ltd
13.11 Eaton Corporation
13.12 Enerpac Tool Group
13.13 Linde Hydraulics
13.14 Dynamatic Technologies Ltd
13.15 Daikin Industries Ltd
13.16 KYB Corporation
13.17 Permco Inc.
List of Tables
1 Global Hydraulic Pumps Market Outlook, By Region (2024-2032) ($MN)
2 Global Hydraulic Pumps Market Outlook, By Product Type (2024-2032) ($MN)
3 Global Hydraulic Pumps Market Outlook, By Gear Pumps (2024-2032) ($MN)
4 Global Hydraulic Pumps Market Outlook, By Vane Pumps (2024-2032) ($MN)
5 Global Hydraulic Pumps Market Outlook, By Piston Pumps (2024-2032) ($MN)
6 Global Hydraulic Pumps Market Outlook, By Screw Pumps (2024-2032) ($MN)
7 Global Hydraulic Pumps Market Outlook, By Other Product Types (2024-2032) ($MN)
8 Global Hydraulic Pumps Market Outlook, By Pressure Range (2024-2032) ($MN)
9 Global Hydraulic Pumps Market Outlook, By Up to 3000 PSI (2024-2032) ($MN)
10 Global Hydraulic Pumps Market Outlook, By 3001 to 6000 PSI (2024-2032) ($MN)
11 Global Hydraulic Pumps Market Outlook, By Above 6000 PSI (2024-2032) ($MN)
12 Global Hydraulic Pumps Market Outlook, By Displacement Type (2024-2032) ($MN)
13 Global Hydraulic Pumps Market Outlook, By Positive Displacement (2024-2032) ($MN)
14 Global Hydraulic Pumps Market Outlook, By Non-Positive Displacement (2024-2032) ($MN)
15 Global Hydraulic Pumps Market Outlook, By Control Type (2024-2032) ($MN)
16 Global Hydraulic Pumps Market Outlook, By Fixed Displacement (2024-2032) ($MN)
17 Global Hydraulic Pumps Market Outlook, By Variable Displacement (2024-2032) ($MN)
18 Global Hydraulic Pumps Market Outlook, By Power Source (2024-2032) ($MN)
19 Global Hydraulic Pumps Market Outlook, By Electric (2024-2032) ($MN)
20 Global Hydraulic Pumps Market Outlook, By Gas (2024-2032) ($MN)
21 Global Hydraulic Pumps Market Outlook, By Application (2024-2032) ($MN)
22 Global Hydraulic Pumps Market Outlook, By Mobile Equipment (2024-2032) ($MN)
23 Global Hydraulic Pumps Market Outlook, By Construction Machinery (2024-2032) ($MN)
24 Global Hydraulic Pumps Market Outlook, By Agricultural Equipment (2024-2032) ($MN)
25 Global Hydraulic Pumps Market Outlook, By Mining Equipment (2024-2032) ($MN)
26 Global Hydraulic Pumps Market Outlook, By Industrial Equipment (2024-2032) ($MN)
27 Global Hydraulic Pumps Market Outlook, By Manufacturing & Automation (2024-2032) ($MN)
28 Global Hydraulic Pumps Market Outlook, By Machine Tools (2024-2032) ($MN)
29 Global Hydraulic Pumps Market Outlook, By Marine Applications (2024-2032) ($MN)
30 Global Hydraulic Pumps Market Outlook, By Oil & Gas Machinery (2024-2032) ($MN)
31 Global Hydraulic Pumps Market Outlook, By Other Applications (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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