Hydraulics Market Expansion Continues, with Forecast Valuation of $51.6 Billion by 2029

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Hydraulics Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, a steady expansion has been witnessed in the hydraulics market size. The market that accounted for $42.59 billion in 2024 is forecasted to reach a value of $44.04 billion in 2025, with a compound annual growth rate (CAGR) of 3.4%. The growth experienced during the historical period is due to reasons including a surge in hydraulic fluid applications, increasing employment of hydraulic systems in the aerospace sector, demand for these systems in the marine sector, an upward trend in the use of hydraulic systems in the oil and gas sector, amplified demand for such systems in the manufacturing industry, as well as growing utilization of hydraulic systems in the transportation sector.

Hydraulics Market Size Forecast: What's the Projected Valuation by 2029?
Anticipations are high for the hydraulics market size, with predictions of steady expansion in the coming years. The market is forecasted to surge to a value of $51.6 billion in 2029, with a compound annual growth rate (CAGR) of 4.0%. This bullish outlook can be attributed to factors such as government-led initiatives for modernizing and repairing infrastructure, the rise in demand for highly efficient and performant hydraulic systems, the advent of urbanization and smart cities, significant outlay in research and development, and a focus on enhancing the durability and dependability of hydraulic components. Significant trends for the forecast period include the combination of hydraulic and electric systems in construction machinery, the use of advanced simulation tools in design and testing processes, the evolution of high-pressure hydraulic systems, the drive to lower noise levels within hydraulic systems, and the creation of digital imitations of hydraulic systems.

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What Are the Drivers Transforming the Hydraulics Market?
The hydraulics market is expected to surge alongside rising infrastructure development projects. This expansion in infrastructure development can be traced back to several factors including rapid urbanization, economic growth, governmental initiatives, technological improvements, modernization, environmental consciousness, globalization, population expansion, participation of the private sector, enhanced financing options, and plans for resilience against natural disasters. Hydraulics play an essential role in infrastructure development, facilitating construction, maintenance, and management of varied structural projects. For instance, data from the UK-based Office for National Statistics in July 2024, showed that total government investment in infrastructure marked a 9.6% rise in 2022 as compared to 2021. Furthermore, in 2022, approximately $32.4 billion was the overall government expenditure on infrastructure, of which $24.1 billion was from the federal government and the remaining $8.6 billion from local governments. Consequently, the rapid growth of infrastructure development projects is fueling the expansion of the hydraulics market.

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Which Fast-Growing Trends Are Poised to Disrupt the Hydraulics Market?
Leading corporations in the hydraulics market are focusing on creating innovative hydraulic parts to enhance performance, dependability, and productivity. Hydraulic elements such as pumps, valves, and cylinders are crucial for transferring power through fluid pressure. For example, Danfoss, a manufacturing firm from Denmark, introduced the Danfoss H1F fixed displacement bent axis hydraulic motor in November 2023. This hydraulic motor delivers an overall efficiency of up to 95% and features a compact design suitable for both open- and closed-circuit uses. The Danfoss H1F fixed displacement bent axis hydraulic motor is specifically designed for the agriculture, construction, and forestry equipment sectors, providing exceptional performance and reliability.

Which Segments in the Hydraulics Market Offer the Most Profit Potential?
The hydraulicsmarket 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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Which Firms Dominate the Hydraulics Market by Market Share and Revenue in 2025?
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

Which Regions Offer the Highest Growth Potential in the Hydraulics Market?
Asia-Pacific was the largest region in the hydraulics market in 2024. 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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