Hydraulic Pump Market Size to Hit USD 14.74 Billion by 2033: Key Trends & Forecast

Market Overview:

According to IMARC Group's latest research publication, "Hydraulic Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global hydraulic pump market size was valued at USD 9.96 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 14.74 Billion by 2033, exhibiting a CAGR of 4.33% from 2025-2033.

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

How AI is Reshaping the Future of Hydraulic Pump Market

• AI-driven predictive maintenance boosts pump reliability, cutting downtime by 30% in manufacturing, with Bosch Rexroth integrating smart sensors for real-time monitoring.
• Smart hydraulic pumps with AI optimize energy use, saving 20% on power costs, as seen in Danfoss’s IoT-enabled H1 series.
• AI enhances pump design, reducing material waste by 15% at Eaton, streamlining production for eco-friendly, high-performance hydraulic systems.
• Automation powered by AI increases precision in construction equipment, with 25% faster response times in Kawasaki’s AI-integrated pumps.
• AI analytics improve supply chain efficiency, with Parker Hannifin reporting 10% faster delivery using AI-driven demand forecasting tools.

Get Your Free "Hydraulic Pump Market" Sample PDF Report Now!

Key Trends in the Hydraulic Pump Market

• Surge in Smart Hydraulic Pumps: Industries are adopting IoT-enabled hydraulic pumps for real-time monitoring and predictive maintenance, cutting downtime. Over 30% of new pumps now feature smart sensors, with companies like Grundfos launching energy-efficient SP 6-inch models.
• Push for Energy-Efficient Solutions: Businesses are prioritizing eco-friendly pumps to meet strict environmental regulations. Electric hydraulic pumps, which reduce emissions, are gaining traction, with 25% of construction firms upgrading to these systems for cost savings.
• Boom in Construction Applications: Rapid urbanization drives demand for hydraulic pumps in heavy machinery like excavators. Infrastructure projects, backed by initiatives like India’s Smart Cities Mission, rely on pumps for efficient operations across 20% of global construction.
• Advancements in Pump Design: Manufacturers are using 3D modeling and advanced materials to boost pump durability and performance. For example, JCB’s X Series excavators feature Kawasaki pumps operating at 350 bar for enhanced reliability.
• Growth in Renewable Energy Projects: Hydraulic pumps are key in green tech, like hydropower systems. Investments, such as Saudi Arabia’s $9.33 billion water treatment projects, are increasing pump demand in sustainable applications.

Growth Factors in the Hydraulic Pump Market

• Booming Construction Sector: Hydraulic pumps power heavy machinery like excavators and cranes, driven by global infrastructure projects. Over 60% of pump demand comes from construction, with Asia Pacific leading due to massive urban development. Companies like Komatsu are launching electric mini excavators to meet this need.
• Push for Energy Efficiency: Industries are adopting energy-efficient hydraulic pumps to cut costs and meet green goals. For example, Grundfos’ SP 6-inch pump offers top-tier energy savings. About 45% of manufacturers now prioritize eco-friendly pump designs.
• Rise in Industrial Automation: Automation in manufacturing and agriculture boosts demand for smart hydraulic pumps with IoT integration. These pumps enhance precision, with 30% of factories adopting them for robotic systems, as seen in Bosch Rexroth’s innovations.
• Mining Industry Expansion: Hydraulic pumps are critical for loaders and trucks in mining. Global mineral production is surging, with 70% of mining equipment relying on these pumps. Eaton’s high-performance pumps are gaining traction in this sector.
• Government Infrastructure Initiatives: Government schemes for urban and wastewater projects drive pump demand. In India, 25% of infrastructure budgets support hydraulic systems, fueling growth. Parker Hannifin’s pumps are key in these public works.

Limited Offer: Purchase the Full Report at a Lower Price!

• Leading Companies Operating in the Global Hydraulic Pump Industry:
• Bailey International LLC
• Bosch Rexroth AG (Robert Bosch GmbH)
• Bucher Industries AG
• Danfoss A/S
• Dynamatic Technologies Limited
• Enerpac Tool Group
• HAWE Hydraulik SE
• HYDAC INTERNATIONAL GmbH
• Kawasaki Heavy Industries Ltd.
• Linde Hydraulics GmbH & Co. KG (Weichai Power Co. Ltd.)
• Moog Inc.
• Parker Hannifin Corporation

Hydraulic Pump Market Report Segmentation:

Breakup By Product Type:

• Gear Pump
• Vane Pump
• Piston Pump

Gear pump exhibits a clear dominance in the market due to its robust design, affordability, and suitability for a wide range of industrial applications.

Breakup By Pressure Range:

• Up to 600 psi
• 601 psi–1000 psi
• More than 1000 psi

Based on the pressure range, the market has been segmented into up to 600 psi, 601 psi–1000 psi, and more than 1000 psi.

Breakup By Application:

• Mobile Application
• Industrial Application

On the basis of the application, the market has been bifurcated into mobile application and industrial application.

Breakup By End User:

• Construction
• Mining
• Agriculture
• Machinery
• Oil and Gas
• Chemicals and Petrochemicals
• Automotive

Construction accounts for the majority of the market share as hydraulic pumps are critical in heavy machinery, widely used in large-scale infrastructure projects and urban development.

Breakup By Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

Asia Pacific dominates the market driven by stringent environmental regulations, a strong industrial base, and high demand for energy-efficient hydraulic systems.

Recent News and Developments in Hydraulic Pump Market

• January 2024: Grundfos launched the SP 6-inch hydraulic pump for groundwater pumping, featuring optimized hydraulics for up to 20% better energy efficiency and a 15% longer lifespan, cutting costs in water management systems.
• June 2023: SPX FLOW introduced the PE60 Series hydraulic pump with advanced control technology, including auto-cycle functionality and plug-and-play accessories, boosting precision by 30% and runtime for industrial applications.
• November 2023: Danfoss unveiled the H1F fixed-displacement bent-axis hydraulic motor, compatible with open- and closed-circuit systems, enhancing efficiency by 25% in agricultural and construction machinery.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302