Leading Companies Propelling Innovation and Growth in the Pneumatic and Hydraulic System Market

The pneumatic and hydraulic system market is preparing for substantial expansion over the coming years, driven by advancements in technology and evolving industrial needs. This sector is experiencing dynamic shifts fueled by innovations in manufacturing processes and growing demand for efficient and precise motion control solutions. Here is a detailed overview of the market's size, key players, notable trends, and segmentation.

Market Size Forecast and Growth Outlook for the Pneumatic and Hydraulic System Market
The pneumatic and hydraulic system market is projected to reach a valuation of $60.67 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.2%. This robust growth is supported by several factors, including the widespread adoption of smart manufacturing practices, the increasing use of electric and hybrid machinery, and a stronger focus on energy-saving technologies. Additionally, the expansion of industrial Internet of Things (IoT) applications and the rising demand for high-precision motion control are essential contributors. Key trends expected to shape the market include the growing integration of intelligent fluid power systems, a shift toward energy-efficient hydraulic solutions, the expanding use of electro-hydraulic and electro-pneumatic controls, development of compact and lightweight designs, and an intensified emphasis on predictive maintenance strategies.

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Leading Players Influencing the Jacking Oil Pump Market
The market features several key companies renowned for their contributions and innovations, such as Parker Hannifin Corporation, SPX FLOW Inc., Enerpac Tool Group, Kirloskar Brothers Limited, Duplomatic Motion Solutions S.p.A., Settima Meccanica S.r.l., Atlantic Hydraulic Systems Inc., Powertherm Engineering Pvt. Ltd., Shandong Rongli Petroleum Machinery Co. Ltd., Dongfang Yoyik (Deyang) Engineering Co. Ltd., Deyang YOYIK Environmental Protection Technology Co. Ltd., Kaifeng Dafang Prestressed Co. Ltd., Hydratight Limited, Haskel International Inc., Hi-Force Hydraulic Tools (UK) Ltd., Hydrosila Group, Bosch Rexroth AG, Poclain Hydraulics SAS, Rotary Power Hydraulics Ltd., and Hydac International GmbH.

A notable strategic move in the industry occurred in January 2024, when National Oilwell Varco Inc., a US-based provider of technology and services to the oil and gas sector, acquired Extract Companies LLC. Although the financial details remain undisclosed, this acquisition is intended to strengthen NOV's expertise in artificial lift technologies and expand its service offerings. Extract Companies LLC, based in the US, specializes in manufacturing oil pump jacks, positioning NOV to better capture the growing demand within the oil and gas market.

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Technological Innovations Shaping the Jacking Oil Pump Market
Companies in this market are prioritizing the development of cutting-edge technologies, particularly focusing on IoT-enabled remote monitoring and digital control systems. These innovations collect live sensor data from wells, enabling remote management, predictive maintenance, and automated adjustments to artificial lift operations. These capabilities enhance operational uptime, increase efficiency, and reduce costs. For instance, in October 2025, Weatherford International, headquartered in Switzerland, introduced its "Industrial Intelligence" digital portfolio. This platform incorporates the WASP Distributed Fiber Optic Sensing system along with edge-device controls, allowing continuous remote monitoring, real-time flow measurement, automated operational adjustments, and seamless integration with both cloud-based and on-premises analytics. The system's features include distributed fiber-optic sensing for downhole equipment, embedded control logic to optimize lift performance, and unified data modeling across multiple wells. While these advancements significantly boost reliability and operational insight, widespread implementation requires upgrading older facilities and investing in sophisticated IoT infrastructure.

Detailed Segmentation of the Global Jacking Oil Pump Market
This report divides the jacking oil pump market into multiple segments to provide a comprehensive view:

By Product Type:
- Electric Jacking Oil Pumps
- Pneumatic Jacking Oil Pumps
- Hydraulic Jacking Oil Pumps

By Distribution Channel:
- Online Sales
- Direct Sales
- Distributors and Resellers

By Application:
- Marine Engines
- Generator Sets
- Industrial Machinery

By End User:
- Oil and Gas Industry
- Manufacturing Sector
- Construction Industry

Further subdivisions include:
Electric Jacking Oil Pumps: Alternating Current (AC) Motor-Driven, Direct Current (DC) Motor-Driven, Variable Frequency Drive (VFD)-Controlled, Fixed-Speed, Portable, and Skid-Mounted models.
Pneumatic Jacking Oil Pumps: Single-Acting, Double-Acting, Air-Driven Piston-Type, Air-Driven Diaphragm-Type, and Explosion-Proof variants.
Hydraulic Jacking Oil Pumps: Gear-Type, Axial Piston, Radial Piston, Fixed-Displacement, Variable-Displacement, and Integrated Hydraulic Power Unit (HPU)-Based pumps.

This segmentation offers valuable insights into the diverse product offerings and their respective applications across industries, helping stakeholders understand market opportunities and tailor strategies accordingly.

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This release was published on openPR.