Emerging Trends Influencing The Growth Of The Fluid Power Equipment Market: Strategic Collaborations Redefine The Fluid Power Equipment Industry

The Fluid Power Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Fluid Power Equipment Market Size During the Forecast Period?
In past years, the fluid power equipment market size has seen significant growth. It is set to rise from a 2024 value of $32.49 billion to $34.92 billion in 2025, indicative of a compound annual growth rate (CAGR) of 7.5%. Factors such as the expansion of construction and infrastructure projects, application in automotive industries, demand among mining and material handling equipment, use in the energy sector, and applications in aerospace and defense have contributed to growth during the historical period.

In the coming years, the fluid power equipment market is predicted to have substantial growth, expanding to a valuation of $47.6 billion in 2029 with a compound annual growth rate of 8.1%. The expected growth during the forecast period can be linked to the escalation in renewable energy schemes, concentration on energy efficacy, growth in e-commerce and logistics, the increasing adoption of electric and hybrid vehicles, and infrastructure advancements in developing markets. Key trends for the forecast period are concentrated around the incorporation of Industry 4.0 technologies, progression in hydraulic technology, a focus on energy-efficient solutions, breakthroughs in hydraulic fluid, and a spotlight on condition monitoring and predictive maintenance.

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What Are the High-Growth Segments in the Fluid Power Equipment Market?
The fluid power equipment market covered in this report is segmented -

1) By Type: Hydraulic, Pneumatic
2) By Product Types: Pumps, Motors, Valves, Cylinders, Accumulators And Filters, Other Product Types
3) By Application: Construction, Automotive, Oil And Gas, Food Processing, Packaging, Semiconductor, Other Applications

Subsegments:
1) By Hydraulic: Hydraulic Pumps, Hydraulic Cylinders, Hydraulic Valves, Hydraulic Motors, Hydraulic Accumulators
2) By Pneumatic: Pneumatic Cylinders, Pneumatic Valves, Pneumatic Compressors, Pneumatic Actuators, Pneumatic Accessories

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What Key Drivers Are Expected to Influence Future Fluid Power Equipment Market Growth?
The rise in demand from the food and beverage sector is substantially fueling the expansion of the fluid power equipment market. This sector encompasses firms engaged in the processing, packaging, and dissemination of food substances and both alcoholic and non-alcoholic drinks. Fluid power equipment plays a critical role for these industries, being utilized for processing, transporting ingredients, and the final stages of packaging. Take for example a report released by Common Thread Collective, a US-based e-commerce growth agency, in April 2022. The report spotlighted that global food and beverage sales saw a surge, escalating to $506 billion in 2022 from $435.3 billion in the previous year. The sales projections are slated to hit $857 billion by 2025. As a result, the amplified demand from the food and beverage sectors is propelling the growth of the fluid power equipment market.

Which Companies Hold the Largest Share Across Different Fluid Power Equipment Market Segments?
Major companies operating in the fluid power equipment market include Hengli America Inc., Eaton Corporation plc, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Atos S.p.A., Dover Corporation, Bosch Rexroth AG, Alfa Laval, Festo SE & Co. KG, Flowserve Corporation, Crane Holdings, Hydac GmbH, Graco Inc., Colfax Ltd., Helios Technologies Inc., Christian Bürkert GmbH and Co, Circor International, Moog Inc., Sparrows Offshore Group Limited, Bucher Hydraulics GmbH, Oilgear Company, Casappa S.p.A, Duplomatic Motion Solutions S.p.A., Hawe Hydraulik SE, Fluid Systems Inc., Daikin Industries Ltd., Daman Products Co. Inc., Fluid-Power Equipment Inc., Applied Fluid Power, Hydraulics International Inc., BVA Hydraulics

What Trends Are Expected to Dominate the Fluid Power Equipment Market in the Next 5 Years?
The prevalent trends in the fluid power equipment market are strategic alliances and collaborations. To broaden their product range and dominate the market, major firms in this sector are honing in on partnerships. For example, Bosch Rexroth, a German engineering company offering hydraulic goods, aligned with AGILOX in June 2022 to penetrate the autonomous mobile robots market. This alliance aimed at amalgamating potent products and expanding the global footprint. AGILOX is a company based in Austria that specializes in automation. In a similar vein, in February 2022, Parker Hannifin Corporation, a US firm specializing in the creation of hydraulic pumps and power systems, joined forces with Cummins Inc. This collaboration involved integrating connected engine solutions with Parker's Mobile IoT platform, allowing customers to gain real-time alerts and interpret diagnostic messages for Parker elements and Cummins motors on a solitary dashboard. Cummins Inc. is a US corporation that produces filtration, engines, and power generation goods.

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What Are the Emerging Geographies for The Fluid Power Equipment Market Growth?
Asia-Pacific was the largest region in the field power equipment market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the fluid power equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Fluid Power Equipment Market?
2. What is the CAGR expected in the Fluid Power Equipment Market?
3. What Are the Key Innovations Transforming the Fluid Power Equipment Industry?
4. Which Region Is Leading the Fluid Power Equipment Market?

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