The global hydraulic pump market size was valued at USD 9.96 Billion in 2024. Looking forward, the analyst estimates the market to reach USD 14.74 Billion by 2033, exhibiting a CAGR of 4.33% from 2025-2033. Asia Pacific currently dominates the market. The market is witnessing stable expansion, primarily fueled by growing demand from automotive, construction, and manufacturing industries, alongside continual advancements in industrial automation, hydraulic technology innovations, and an increasing focus on energy-efficient solutions that collectively contribute to sustained growth and adoption across diverse sectors.
Hydraulic pumps are equipment that convert mechanical power into hydrostatic energy. They can be powered by motors running on gasoline, diesel, natural gas, or electricity. Hydraulic pumps generate a strong flow with enough power to overcome the pressure induced by the load present at the pump outlet. This, in turn, creates a vacuum at the pump inlet, forcing liquid from the reservoir into the inlet line, and through a mechanical action, it delivers this fluid to the hydraulic system. Hydraulic pumps are energy-efficient, offer better control, utilize minimum energy to propel a large amount of liquid, and require low maintenance. Based on these properties, they are extensively used in power transmission systems, injection molding machines, material handling, conveyors, lifts, and steel miles.
The surging product demand can also be attributed to the increasing need to generate renewable energy, especially by updating the existing hydraulic systems, and growing consumer awareness regarding power conservation. Additionally, the extensive utilization of hydraulic pumps in automobiles to support the vehicle weight, provide a smoother ride, and feed the torque converter and transmission cooler is impelling the market growth. Other factors, such as the rising product employment in the wastewater infrastructure to remove logged water and strategic collaborations amongst key players to enhance product efficacy, are positively stimulating the market growth.
Hydraulic pumps are equipment that convert mechanical power into hydrostatic energy. They can be powered by motors running on gasoline, diesel, natural gas, or electricity. Hydraulic pumps generate a strong flow with enough power to overcome the pressure induced by the load present at the pump outlet. This, in turn, creates a vacuum at the pump inlet, forcing liquid from the reservoir into the inlet line, and through a mechanical action, it delivers this fluid to the hydraulic system. Hydraulic pumps are energy-efficient, offer better control, utilize minimum energy to propel a large amount of liquid, and require low maintenance. Based on these properties, they are extensively used in power transmission systems, injection molding machines, material handling, conveyors, lifts, and steel miles.
Hydraulic Pump Market Trends:
The ongoing construction and mining activities across the globe and the increasing need for low-maintenance mechanical devices that can reach high-pressure levels are majorly driving the market growth. Hydraulic pumps are used in brick molding machines to minimize labor costs and manual efforts. In line with this, the rising environmental concerns have prompted governments of several countries to promote the uptake of eco-friendly devices, such as hydraulic pumps, to reduce greenhouse gas (GHG) emissions, which is acting as another growth-inducing factor.The surging product demand can also be attributed to the increasing need to generate renewable energy, especially by updating the existing hydraulic systems, and growing consumer awareness regarding power conservation. Additionally, the extensive utilization of hydraulic pumps in automobiles to support the vehicle weight, provide a smoother ride, and feed the torque converter and transmission cooler is impelling the market growth. Other factors, such as the rising product employment in the wastewater infrastructure to remove logged water and strategic collaborations amongst key players to enhance product efficacy, are positively stimulating the market growth.
Key Market Segmentation:
This report provides an analysis of the key trends in each segment of the global hydraulic pump market, along with forecasts at the global, regional, and country levels from 2025-2033. The market has been categorized based on product type, pressure range, application, and end user.Breakup by Product Type:
- Gear Pump
- Vane Pump
- Piston Pump
Breakup by Pressure Range:
- Up to 600 psi
- 601 psi-1000 psi
- More than 1000 psi
Breakup by Application:
- Mobile Application
- Industrial Application
Breakup by End User:
- Construction
- Mining
- Agriculture
- Machinery
- Oil and Gas
- Chemicals and Petrochemicals
- Automotive
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and Parker Hannifin Corporation.Key Questions Answered in This Report:
- What is a hydraulic pump?
- How big is the global hydraulic pump market?
- What is the expected growth rate of the global hydraulic pump market during 2025-2033?
- What are the key factors driving the global hydraulic pump market?
- What is the leading segment of the global hydraulic pump market based on the product type?
- What is the leading segment of the global hydraulic pump market based on end users?
- What are the key regions in the global hydraulic pump market?
- Who are the key players/companies in the global hydraulic pump market?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Hydraulic Pump Market
6 Market Breakup by Product Type
7 Market Breakup by Pressure Range
8 Market Breakup by Application
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- 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
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 140 |
| Published | April 2025 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 9.96 Billion |
| Forecasted Market Value ( USD | $ 14.74 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
