세계의 유압 장치 시장 : 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The Hydraulic Equipment Market size is estimated at USD 43.67 billion in 2025, and is expected to reach USD 52.11 billion by 2030, at a CAGR of 3.6% during the forecast period (2025-2030).

The expansion of process industries, rising demand for material handling equipment, and the burgeoning construction sector are the primary drivers of the hydraulics market. Moreover, technological advancements are not only spurring the development of hydraulic equipment but also amplifying the demand for intelligent hydraulic solutions. For instance, while the IoT has predominantly been associated with electric systems, it's now making significant strides into fluid power systems. Modern hydraulic equipment increasingly integrates electronics for enhanced mobility and sensors for comprehensive data collection.

Key Highlights

• Responding to emerging trends, hydraulic equipment has evolved significantly. The dynamics of end-user demand have been instrumental in steering the industry's direction.
• Driven by technological innovations and varied industry demands, the market is perpetually evolving. Trends like smart system integration and the use of lightweight materials are reshaping the hydraulic engineering domain. With industries placing a premium on efficiency, sustainability, and customization, hydraulic equipment is poised to play a pivotal role in energizing the machinery and systems that drive global progress.
• As sectors such as automotive, metal, construction, and mining increasingly embrace automation and e-commerce rise in prominence, the material handling equipment market is set for growth. Hydraulics is becoming increasingly crucial in boosting equipment functions, controllability, power, and safety. As a result, the heightened demand for material handling equipment is propelling the hydraulics market.
• To ensure optimal performance, regular maintenance of hydraulic systems is essential. This encompasses checking fluid levels, replacing seals, and inspecting hoses and valves. Yet, these routine tasks contribute to a business's operational costs. Elevated maintenance expenses can deter companies from investing in hydraulic equipment, especially when alternatives with reduced maintenance demands are available. Moreover, fluctuations in raw material prices-such as stainless steel, iron ore, aluminum, and bronze-have introduced volatility in hydraulic equipment pricing.
• Furthermore, essential components like motors, valves, and hydraulic cylinders come with a hefty price tag, requiring a substantial initial investment. This upfront cost influences the overall ownership expenses of the equipment, ultimately tightening profit margins for factories.

Hydraulic Equipment Market Trends

Material Handling Segment to Witness Major Growth

• Fluid transfer solutions are increasingly being adopted in material handling. This process involves moving, lifting, and positioning products, bulk materials, and components, primarily for distribution and safeguarding finished goods. The vast market is crucial for the efficient operation of various industries, ensuring products are handled with care and precision throughout their lifecycle.
• Hydraulics are central to material handling across the supply chain. They facilitate the movement, storage, and control of products and enable intricate motion sequences. This is especially true in distribution centers and warehouses, where the accuracy and reliability of hydraulic processes are vital for maintaining the flow of goods and minimizing downtime.
• By leveraging hydraulics, distribution centers can create safer and more efficient work environments. Hydraulics empower machinery for heavy lifting, enhance employee ergonomics, and support swift-paced environments with conveyor systems. For example, a conveyor belt that quickly transports materials for packaging not only saves time but also reduces physical strain on workers, leading to a healthier and more productive workforce.
• Driven by the rapid growth of e-commerce and logistical advancements, this sector is witnessing a surge in demand. The United States, as the largest e-commerce market, is seeing heightened demand for material handling solutions. A report from the US Census Bureau in May 2024 highlighted this trend, noting that US retail e-commerce sales for Q2 2024 hit USD 291.64 billion, a rise from USD 272.82 billion in the same quarter the previous year. As e-commerce warehouses and distribution centers increasingly adopt material handling solutions-like forklifts, which prominently utilize hydraulics-these trends underscore significant market opportunities.

Asia Pacific to Register Major Growth

• In the Asia-Pacific region, rising demand for material handling equipment, increased investments in infrastructure development, and a trend toward reducing overall equipment costs are driving the market's growth. Hydraulic solutions, favored for their ease of control, compactness, lightweight nature, and reliability, have surged in popularity, outpacing traditional methods. Today, sectors such as construction, roofing, material handling, masonry, automotive, aviation, and manufacturing are all leveraging modern hydraulic equipment.
• Foreign investments are increasingly eyeing infrastructure and construction projects across Southeast Asia, bolstering the market's outlook. In March 2024, the Australian government unveiled a substantial USD 1.33 billion investment plan for Southeast Asian infrastructure. At the same time, China's financial commitments to East Asian nations have surpassed a significant milestone, exceeding USD 50 billion.
• In March 2024, Germany also made headlines with a notable USD 4 billion investment in the Philippines, aimed at bolstering the nation's infrastructure, especially in manufacturing and factory automation. Meanwhile, Malaysia is emerging as a key investment hub in Southeast Asia. These influxes of capital are poised to amplify the demand for material handling equipment, fueling market growth.
• Additionally, a recent initiative underscores India's ambition to establish itself as a frontrunner in advanced electric vehicle (EV) technology manufacturing. This move dovetails with India's target of electrifying 30% of its new vehicles by 2030 and aims to lure global firms to strengthen their foothold in India's burgeoning market. Given this trajectory, forecasts suggest robust growth for India's auto market, unlocking further opportunities in the studied domain.

Hydraulic Equipment Industry Overview

The hydraulic equipment market is semi-consolidated. Established vendors like Bosch Rexroth AG (a part of Robert Bosch GmbH), Parker Hannifin Corporation, HYDAC International GmbH, Danfoss A/S, and SMC Corporation have been in the industry for an extended period. Their longevity has granted them a deeper insight into market dynamics and emerging needs. As a result, these companies consistently channel investments into innovative products, enhancing their internal production processes and adding more value to their offerings.

Companies like Bosch Rexroth AG, Parker Hannifin Corporation, Hydac International GmbH, and Danfoss A/S, with their extensive geographical reach and strong brand recognition, are poised to uphold their dominant market presence.

Key factors such as quality certification, service offerings, pricing, and technical expertise are crucial in securing new contracts. Additionally, as digitization trends gain momentum, there's a rising demand for smart hydraulic equipment, presenting a lucrative opportunity for newcomers in the market.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS

• 4.1 Market Overview
• 4.2 Technological Trends
• 4.3 Industry Value Chain Analysis
• 4.4 Impact of Macroeconomic Factors on the Market
• 4.5 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.5.1 Bargaining Power of Suppliers
  • 4.5.2 Bargaining Power of Buyers
  • 4.5.3 Threat of New Entrants
  • 4.5.4 Threat of Substitutes
  • 4.5.5 Intensity of Competitive Rivalry

5 MARKET DYNAMICS

• 5.1 Market Drivers
  • 5.1.1 Increasing Demand for Material Handling Equipment
  • 5.1.2 Increasing Demand From the Construction Industry via Government Initiatives and Investments
• 5.2 Market Challenges/Restraints
  • 5.2.1 High Maintenance Cost Over the Equipment's Lifespan

6 MARKET SEGMENTATION

• 6.1 By Type
  • 6.1.1 Pumps
  • 6.1.2 Valves
  • 6.1.3 Cylinders
  • 6.1.4 Motors
  • 6.1.5 Filters and Accumulators
  • 6.1.6 Transmission
  • 6.1.7 Other Product Types
• 6.2 By End-user Industry
  • 6.2.1 Construction
  • 6.2.2 Agriculture
  • 6.2.3 Material Handling
  • 6.2.4 Aerospace and Defense
  • 6.2.5 Machine Tools
  • 6.2.6 Oil and Gas
  • 6.2.7 Hydraulic Press
  • 6.2.8 Plastics
  • 6.2.9 Automotive
  • 6.2.10 Other End-user Industries
• 6.3 By Geography
  • 6.3.1 North America
  • 6.3.2 Europe
  • 6.3.3 Asia
  • 6.3.4 Australia and New Zealand
  • 6.3.5 Latin America
  • 6.3.6 Middle East and Africa

7 COMPETITIVE LANDSCAPE

• 7.1 Company Profiles
  • 7.1.1 Bosch Rexroth AG (Robert Bosch GmbH)
  • 7.1.2 Parker Hannifin Corporation
  • 7.1.3 HYDAC International GmbH
  • 7.1.4 Danfoss A/S
  • 7.1.5 SMC Corporation
  • 7.1.6 Festo SE
  • 7.1.7 Norgren Limited (IMI PLC)
  • 7.1.8 Bucher Hydraulics GmBH (Bucher Industries AG)
  • 7.1.9 HAWE Hydraulik SE
  • 7.1.10 Linde Hydraulics GmbH & Co. KG
  • 7.1.11 Caterpillar Inc.
  • 7.1.12 Corporation
• 7.2 Vendor Ranking
• 7.3 List of Vendors

8 FUTURE OF THE MARKET