Fluid Power Equipment Market Report 2026

The fluid power equipment market size has grown strongly in recent years. It will grow from $34.37 billion in 2025 to $36.97 billion in 2026 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to expansion of industrial automation, growth in construction equipment usage, increasing demand for heavy machinery, rising adoption of hydraulic systems in manufacturing, availability of standardized fluid power components.

The fluid power equipment market size is expected to see strong growth in the next few years. It will grow to $49.47 billion in 2030 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to increasing investments in smart factories, rising demand for predictive maintenance solutions, expansion of electric-hydraulic hybrid systems, growing focus on energy optimization, increasing integration with digital control platforms. Major trends in the forecast period include increasing adoption of smart hydraulic and pneumatic systems, rising demand for energy-efficient fluid power solutions, growing integration of condition monitoring technologies, expansion of compact high-pressure components, enhanced focus on system reliability.

The rising construction activities are anticipated to drive the growth of the fluid power equipment market in the coming years. Construction activities encompass the physical processes and tasks involved in creating structures, infrastructure, or facilities. Fluid power equipment is utilized in construction to operate hydraulic systems that power heavy machinery, ensuring efficient and precise operations on construction sites. For example, in February 2025, the U.S. Census Bureau reported that construction spending in the United States reached $2.15 trillion in 2024, representing a 6.5 percent (±1 percent) increase over the $2.02 trillion spent in 2023. Hence, the growth in construction activities is fueling the fluid power equipment market.

Key players in the fluid power equipment market are concentrating on developing advanced solutions such as direct-acting valve designs for hydraulic systems to enhance energy efficiency, precision, and response speed in both industrial and mobile machinery. Direct-acting valve designs operate by moving the spool directly via an electrical or mechanical signal, rather than relying on a pilot-operated mechanism, enabling faster and more reliable control of hydraulic fluid. For instance, in September 2025, HydraForce Inc., a U.S.-based fluid power solutions company, introduced its HST38 and HST34 high-performance directional valves. These valves offer compact designs, high-flow capacity, proportional control, and rapid response times; they direct hydraulic fluid precisely to actuators based on electrical signals, integrate effectively with electro-hydraulic systems, and provide configurable control settings. Notable features include enhanced durability, minimal leakage, and compatibility with various fluid types. Their applications cover mobile equipment, construction machinery, agriculture, and industrial automation, delivering benefits such as improved machine efficiency, precise motion control, reduced energy consumption, and extended service life.

In May 2023, Fluid System Components, Inc. (FSC), a US-based manufacturer and distributor of fluid power systems for logging, forestry, construction, and firefighting equipment, acquired Norcan Fluid Power for an undisclosed sum. This acquisition allows Fluid System Components, Inc. to enhance its product range and expertise in fluid power systems, expanding its market reach and customer base. Norcan Fluid Power, a Canada-based company, specializes in providing hydraulics, pneumatic and electric panels, manifolds, and complete power unit systems.

Major companies operating in the fluid power equipment market are Hengli America Inc., Eaton Corporation plc, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Atos S.p.A., Bosch Rexroth AG, Festo SE & Co. KG, Hydac GmbH, Colfax Ltd., Helios Technologies Inc., Christian Bürkert GmbH & Co. KG, Circor International, Moog Inc., Bucher Hydraulics GmbH, Oilgear Company, Casappa S.p.A., Duplomatic Motion Solutions S.p.A., Hawe Hydraulik SE, Daman Products Co. Inc., Hydraulics International Inc., BVA Hydraulics, Dover Corporation, Flowserve Corporation, Crane Holdings, Graco Inc., Daikin Industries Ltd.

Asia-Pacific was the largest region in the field power equipment market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fluid power equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fluid power equipment market consists of sales of hydraulic filers, gauges, control valves, and tank accessories. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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