The Fluid Power Equipment Market Report is Segmented by Technology (Hydraulic Equipment, and Pneumatic Equipment), Product Type (Pumps, Motors, Valves, Cylinders, and Accumulators and Filters), End-User Industry (Construction, Agriculture, Material Handling and Logistics, Aerospace and Defense and More), Distribution Channel (OEM, and Aftermarket), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

USD 58.23 Billion in 2023; projected USD 108.13 Billion by 2032; CAGR 7.12%.

The fluid power equipment market is valued at $48.7 billion in 2025 and is projected to reach $73.5 billion by 2032, growing at a CAGR of 6.1% during 2026-2032.

The size of the Fluid Power Equipment Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.20% during the forecast period. Recent developments include: August 2022 - HAWE introduced the mini hydraulic power pack type HICON designed for use in recreational boats and offers a unique advantage in many other applications. It is waterproof, and thus, is resistant to splash water or temporary immersion in water during operation., January 2022 - Atar Capital announced the acquisition of BorgWarner's North America Controls (BWNAC) business, which is a supplier of transmission solenoids, engine solenoids, stop-start accumulators, and hydraulic control modules throughout North America., June 2021- Ingersoll Rand Inc. agreed to acquire Maximus, a provider of digital controls and Industrial Internet of Things (IIoT) production management systems for the agritech market. This will help the company to drive additional innovation and significant synergies with Dosatron and other PST brands.. Key drivers for this market are: Growing Demand from Oil & Gas Industry, Rapidly Growing Petrochemical and Chemical Industry. Potential restraints include: Availability of Alternative Solutions. Notable trends are: Valves Holds a Significant Share in the Market.

The Fluid Power Cylinder Market is segmented by Type (Hydraulic Cylinder, Pneumatic Cylinder), End-user Industry (Hydraulic Cylinder (Construction, Agriculture, Material Handling, Aerospace & Defense), Pneumatic Cylinder (Food Processing & Packaging, Automotive, Material Handling & Assembly, Oil & Gas, Chemicals and Plastics)), and Geography.

The global fluid power equipment market size reached USD 51.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 90.2 Billion by 2033, exhibiting a growth rate (CAGR) of 6.02% during 2025-2033.

IMARC Group provides an analysis of the key trends in each sub-segment of the global fluid power equipment market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on product, component and end user.

Check Market Research Intellect's Fluid Power Systems Market Report, pegged at USD 75 billion in 2024 and projected to reach USD 105 billion by 2033, advancing with a CAGR of 4.5% (2026-2033).Explore factors such as rising applications, technological shifts, and industry leaders.

The size of the Fluid Power Cylinder market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 4.50% during the forecast period. Key drivers for this market are: , Increasing Demand for Material Handling Equipment. Potential restraints include: , High Cost of Maintenance of the Cylinders Over the Entire Lifespan. Notable trends are: Hydraulic Cylinders to Hold Major Share.

The global fluid power equipment market, valued at $18,350 million in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.3% from 2025 to 2033. This expansion is driven by increasing automation across various industries, particularly in automotive, agricultural machinery, and food processing. The rising demand for efficient and precise control systems in these sectors fuels the adoption of hydraulic and pneumatic systems, contributing significantly to market growth. Furthermore, the ongoing advancements in technology, such as the development of more energy-efficient components and sophisticated control systems, are further enhancing the appeal and application of fluid power equipment. The market is segmented by type (Hydraulics and Pneumatics) and application (Automotive, Agricultural Machinery, Food Processing, Oil & Gas Machinery, Medical Equipment, Packaging Machinery, Material Handling, Semiconductor, and Other). Leading companies like Alfa Laval, Colfax, Crane, Flowserve, Graco, Burket, and Dover are key players shaping the competitive landscape through innovation and strategic partnerships. Regional variations exist, with North America and Europe expected to remain dominant markets, although growth in Asia-Pacific is anticipated to be significant, driven by industrialization and expanding manufacturing sectors. Growth within the market is anticipated to be fueled by several factors, including the rising adoption of advanced manufacturing techniques, the increasing demand for improved productivity and efficiency across various industries, and ongoing efforts to enhance sustainability through energy-efficient fluid power solutions. While challenges like fluctuating raw material prices and potential supply chain disruptions may pose some restraints, the overall outlook for the fluid power equipment market remains positive, promising sustained growth and expansion in the years ahead. The diverse application sectors and technological advancements assure the sector's long-term viability and sustained contribution to global industrial advancement.

Producing hydraulic and pneumatic systems is the cornerstone of building machines and other equipment. According to Eurostat, Germany dominates the European Fluid Power Equipment Manufacturing industry, accounting for approximately 40% of revenue in 2024. Despite the industry’s importance, in recent years, revenue has come under pressure from weak demand and increasing competition from China and the US. Manufacturers in these geographies are increasingly entering the European market and competing with domestic manufacturers via imports or acquisitions. Nonetheless, sales in the hydraulic and pneumatic valve segments have remained solid, driven by growing automation among mechanical engineering companies, pushing up revenue. Over the five years through 2025, revenue is forecast to expand at a compound annual rate of 3.5% to €38.5 billion, including an expected hike of 1.4% in 2025. The transitions between hydraulic, pneumatic and electric applications have become increasingly fluid. Manufacturers of electromechanical devices have begun to equip their products with hydraulic components, intensifying external competition. On top of this, manufacturers have contended with rising input prices, which have eaten into profitability and reduced international competitiveness between 2021 and 2023, although these pressures are easing in 2025 as inflation inches down. Still, numerous opportunities have lifted revenue for some manufacturers, including producing automated fluid power systems offering predictive maintenance and electrified vehicle braking systems, which is highly beneficial for buyers. Over the five years through 2030, revenue is slated to climb at a compound annual rate of 5.1% to reach €49.4 billion. Technology advancements in predictive maintenance will propel sales over the coming years, fuelled by the adoption of Industry 4.0 in downstream markets. Manufacturers are likely to continue developing and perfecting predictive maintenance software to avoid the shortcomings of errors or failures in large machines. However, external competition in the form of imports from China and the US is likely to intensify. Meanwhile, some automotive companies are developing new braking, steering and shifting systems that could replace conventional hydraulic and pneumatic systems, weighing on long-term revenue growth.

Producing hydraulic and pneumatic systems is the cornerstone of building machines and other equipment. According to Eurostat, Germany dominates the European Fluid Power Equipment Manufacturing industry, accounting for approximately 40% of revenue in 2024. Despite the industry’s importance, in recent years, revenue has come under pressure from weak demand and increasing competition from China and the US. Manufacturers in these geographies are increasingly entering the European market and competing with domestic manufacturers via imports or acquisitions. Nonetheless, sales in the hydraulic and pneumatic valve segments have remained solid, driven by growing automation among mechanical engineering companies, pushing up revenue. Over the five years through 2025, revenue is forecast to expand at a compound annual rate of 3.5% to €38.5 billion, including an expected hike of 1.4% in 2025. The transitions between hydraulic, pneumatic and electric applications have become increasingly fluid. Manufacturers of electromechanical devices have begun to equip their products with hydraulic components, intensifying external competition. On top of this, manufacturers have contended with rising input prices, which have eaten into profitability and reduced international competitiveness between 2021 and 2023, although these pressures are easing in 2025 as inflation inches down. Still, numerous opportunities have lifted revenue for some manufacturers, including producing automated fluid power systems offering predictive maintenance and electrified vehicle braking systems, which is highly beneficial for buyers. Over the five years through 2030, revenue is slated to climb at a compound annual rate of 5.1% to reach €49.4 billion. Technology advancements in predictive maintenance will propel sales over the coming years, fuelled by the adoption of Industry 4.0 in downstream markets. Manufacturers are likely to continue developing and perfecting predictive maintenance software to avoid the shortcomings of errors or failures in large machines. However, external competition in the form of imports from China and the US is likely to intensify. Meanwhile, some automotive companies are developing new braking, steering and shifting systems that could replace conventional hydraulic and pneumatic systems, weighing on long-term revenue growth.

Producing hydraulic and pneumatic systems is the cornerstone of building machines and other equipment. According to Eurostat, Germany dominates the European Fluid Power Equipment Manufacturing industry, accounting for approximately 40% of revenue in 2024. Despite the industry’s importance, in recent years, revenue has come under pressure from weak demand and increasing competition from China and the US. Manufacturers in these geographies are increasingly entering the European market and competing with domestic manufacturers via imports or acquisitions. Nonetheless, sales in the hydraulic and pneumatic valve segments have remained solid, driven by growing automation among mechanical engineering companies, pushing up revenue. Over the five years through 2025, revenue is forecast to expand at a compound annual rate of 3.5% to €38.5 billion, including an expected hike of 1.4% in 2025. The transitions between hydraulic, pneumatic and electric applications have become increasingly fluid. Manufacturers of electromechanical devices have begun to equip their products with hydraulic components, intensifying external competition. On top of this, manufacturers have contended with rising input prices, which have eaten into profitability and reduced international competitiveness between 2021 and 2023, although these pressures are easing in 2025 as inflation inches down. Still, numerous opportunities have lifted revenue for some manufacturers, including producing automated fluid power systems offering predictive maintenance and electrified vehicle braking systems, which is highly beneficial for buyers. Over the five years through 2030, revenue is slated to climb at a compound annual rate of 5.1% to reach €49.4 billion. Technology advancements in predictive maintenance will propel sales over the coming years, fuelled by the adoption of Industry 4.0 in downstream markets. Manufacturers are likely to continue developing and perfecting predictive maintenance software to avoid the shortcomings of errors or failures in large machines. However, external competition in the form of imports from China and the US is likely to intensify. Meanwhile, some automotive companies are developing new braking, steering and shifting systems that could replace conventional hydraulic and pneumatic systems, weighing on long-term revenue growth.

The Fluid Power Equipment market, valued at $66.42 billion in 2025, is projected to experience robust growth, driven by increasing automation across various industries and the rising demand for efficient and precise machinery. A Compound Annual Growth Rate (CAGR) of 5.36% from 2025 to 2033 signifies a substantial expansion, primarily fueled by the burgeoning construction, agriculture, and automotive sectors. The integration of advanced technologies, like smart sensors and IoT connectivity, is further enhancing the functionality and efficiency of hydraulic and pneumatic systems, leading to higher adoption rates. Within the product segments, pumps, motors, and valves constitute a significant portion of the market share, closely followed by cylinders and accumulators. The end-user verticals, including construction, agriculture, material handling, and automotive manufacturing, are key drivers of market expansion, consistently demanding high-performance fluid power solutions. While competitive intensity among established players like Bosch-Rexroth, Danfoss, and Parker-Hannifin remains a factor, the market also presents opportunities for smaller specialized companies catering to niche applications. Geographical growth is expected to be diverse, with Asia Pacific exhibiting particularly strong growth potential due to rapid industrialization and infrastructure development. The market's growth trajectory is influenced by several factors. The increasing adoption of sustainable manufacturing practices is driving demand for energy-efficient hydraulic and pneumatic components. Furthermore, government regulations promoting safety and environmental standards are influencing product development and adoption. However, challenges remain, including fluctuating raw material prices and the need to manage supply chain disruptions. Technological advancements, such as the development of more durable and compact components, are crucial for continued market expansion. The industry's future hinges on the ability of manufacturers to adapt to evolving industry demands, incorporate advanced technologies, and address environmental concerns while maintaining cost-effectiveness and performance. This includes exploring innovative materials, manufacturing processes, and system designs to improve efficiency and reduce environmental impact. Recent developments include: Januray 2024 - Bosch Rexroth announced a partnership with thermal management manufacturer Modine. The two groups are working together to introduce Modine EVantage (™) thermal management systems into Bosch Rexroth's range of eLION products for electrified off-highway machinery on a global scale. Rexroth eLION systems and Modine EVantage thermal management systems work together to enhance the electrification of customer platforms in the off-highway sector by providing efficient EV technology with reduced emissions and improved performance. As more mobile machines are being electrified, it is essential to efficiently control the thermal output of important components., November 2023 - Danfoss Launches New Hydraulic, Electrification and Autonomy Solutions, The newly launched H1F fixed displacement bent axis hydraulic motor is designed for open- and closed-circuit applications in agriculture, construction and forestry machinery., June 2023 - Bosch Rexroth has opened a new production plant to meet the increasing need for mobile hydraulic and factory automation technology. By expanding their manufacturing capacity in this area, the company can easily respond more quickly to customer needs and satisfy the rising demand for products, especially for agricultural and construction machinery as well as OEM machine manufacturers in North America.. Key drivers for this market are: Energy Efficiency and Environmental Considerations Shape Market Outlook, Advances in Industrial Automation Fuel Demand for Fluid Power Systems; Technological Advancements Drive Demand. Potential restraints include: Energy Efficiency and Environmental Considerations Shape Market Outlook, Advances in Industrial Automation Fuel Demand for Fluid Power Systems; Technological Advancements Drive Demand. Notable trends are: Valves Holds a Significant Share in the Market.

Global Fluid Power Systems Market is segmented by Application (Automotive_ Aerospace_ Construction_ Agriculture_ Manufacturing), Type (Hydraulic Systems_ Pneumatic Systems_ Electro-Hydraulic Systems_ Mobile Hydraulics_ Industrial Hydraulics), and Geography (North America_ LATAM_ West Europe_Central & Eastern Europe_ Northern Europe_ Southern Europe_ East Asia_ Southeast Asia_ South Asia_ Central Asia_ Oceania_ MEA)

Hydraulic Fluid Power Cylinder Market Outlook

The global hydraulic fluid power cylinder market is projected to reach a market size of $18.5 billion by 2032, up from $12.2 billion in 2023, registering a Compound Annual Growth Rate (CAGR) of 4.6% over the forecast period. This growth trajectory is propelled by the increasing demand for efficient and durable hydraulic systems in various industrial sectors and the technological advancements in hydraulic cylinder manufacturing. As industries continue to automate and require more robust equipment, hydraulic fluid power cylinders are becoming indispensable due to their ability to provide consistent force and motion in heavy-duty applications.

One of the primary growth factors in this market is the rising demand for construction and mining equipment. The surge in infrastructure development, particularly in emerging economies, is driving the need for hydraulic cylinders, which are key components in construction machinery such as excavators, loaders, and cranes. Hydraulic cylinders offer the necessary power and precision required for lifting and moving heavy loads, making them integral to these sectors. Additionally, with the global push towards urbanization, the construction industry is expected to continue its upward trajectory, providing a sustained demand for hydraulic cylinders.

Another significant driver is the increasing application of hydraulic cylinders in the automotive and aerospace industries. In the automotive sector, hydraulic cylinders are used in manufacturing processes like metal forming and stamping, while in aerospace, they are critical in flight control operations and landing gear systems. The trend towards lightweight and energy-efficient vehicles has also led to the development of advanced hydraulic systems that meet stringent efficiency and performance standards. This shift is expected to fuel further innovation and adoption of hydraulic fluid power cylinders across these high-tech industries.

The industrial equipment sector also plays a pivotal role in the growth of the hydraulic fluid power cylinder market. As industries like manufacturing and processing continue to expand, the demand for reliable and efficient machinery grows. Hydraulic cylinders are essential in various industrial applications, providing the necessary force and control for machinery operations. The need for increased automation and productivity in manufacturing processes has led to a wider adoption of hydraulic systems, which, in turn, drives the demand for hydraulic cylinders.

Mobile Hydraulics play a crucial role in the functionality of various mobile equipment, including construction and agricultural machinery. These systems are designed to handle the rigorous demands of mobile applications, providing the necessary power and control for tasks such as lifting, digging, and material handling. The versatility and efficiency of mobile hydraulics make them indispensable in environments where mobility and adaptability are key. As the demand for mobile equipment continues to rise, particularly in emerging markets, the integration of advanced mobile hydraulic systems is expected to drive innovation and enhance the performance of machinery across these sectors.

In terms of regional outlook, Asia Pacific dominates the hydraulic fluid power cylinder market, driven by rapid industrialization and infrastructure development in countries like China and India. These countries are heavily investing in construction and manufacturing sectors, leading to increased demand for hydraulic equipment. In North America, the market is bolstered by technological advancements and a strong manufacturing base, while Europe sees steady growth driven by automotive and aerospace industries. The Middle East & Africa and Latin America regions are also witnessing increased adoption of hydraulic systems, primarily due to expanding oil and gas exploration activities and mining operations.

Product Type Analysis

The hydraulic fluid power cylinder market is segmented by product type into single-acting cylinders, double-acting cylinders, and telescopic cylinders. Each of these segments has unique characteristics and applications that contribute to their market dynamics. Single-acting cylinders are known for their simplicity and cost-effectiveness, making them suitable for applications where the force is required in one direction only. These cylinders rely on external forces or springs to retract, making them ideal for use in construction equipme

The global fluid power equipment market in mobile equipment is estimated to reach a value of 28.91 million by 2033, exhibiting a CAGR of 6.60% during the forecast period (2025-2033). The market growth is attributed to the rising demand for mobile equipment in construction, agriculture, and material handling industries. These industries require reliable and efficient fluid power systems to operate heavy machinery and perform demanding tasks. Additionally, the increasing adoption of automation and electrification in mobile equipment is driving the demand for fluid power components that can handle high pressures and provide precise control. Key trends in the fluid power equipment market include the growing popularity of electro-hydraulic and electro-pneumatic systems, which offer improved efficiency, precision, and connectivity. The integration of sensors and IoT devices is also becoming more prevalent, enabling remote monitoring and predictive maintenance of fluid power systems. Furthermore, the increasing focus on sustainability is leading to the adoption of biodegradable and environmentally friendly fluids, contributing to the overall growth of the fluid power equipment market in mobile equipment. Recent developments include: February 2024: Power management company Eaton announced that its Mobility Group is expanding its mobile power products portfolio with the introduction of the Bezares 3960, 2500, and 500 series power takeoff (PTO) units, as well as APSCO APV and APG series directional hydraulic control valves. The new offerings are expected to be introduced at the Work Truck Show, March 5-8 in Indianapolis.July 2023: Bosch Rexroth opened a new plant in Querétaro, Mexico, with a vision to create more manufacturing capacity for mobile hydraulics and factory automation in North America and shorten delivery routes for customers in the region. The company claimed that it is investing about EUR 160 million in the new location and would create about 900 jobs by 2027. At its 42,000-square-meter, or 452,000-square-foot, plant in Querétaro, the company began manufacturing hydraulic pumps, motors, and valves for mobile machinery, like excavators, forklifts, and tractors, in June 2023.. Key drivers for this market are: Growing Construction and Infrastructure Development, Growing Need for Increased Efficiency and Productivity; Increasing Advancements in Technology. Potential restraints include: Growing Construction and Infrastructure Development, Growing Need for Increased Efficiency and Productivity; Increasing Advancements in Technology. Notable trends are: The Construction Segment is Expected to Drive the Market's Growth.

The Aircraft Fluid Power Components market is booming, projected to reach $7.95 billion by 2033 with a 6% CAGR. Learn about key drivers, trends, and leading companies shaping this dynamic sector. Explore regional market shares and segment analysis for commercial and military aircraft applications.

The global fluid power systems market is booming, projected to reach $50 billion in 2025 and grow at a CAGR of 6% until 2033. Driven by industrial automation and EV growth, this market offers lucrative opportunities. Learn about key trends, restraints, and leading companies in this comprehensive analysis.

Discover the booming Fluid Power Equipment market! This comprehensive analysis reveals a CAGR of 6.20% and explores key drivers, trends, and restraints impacting growth through 2033. Learn about leading companies and regional market shares in this dynamic sector. Key drivers for this market are: Growing Demand from Oil & Gas Industry, Rapidly Growing Petrochemical and Chemical Industry. Potential restraints include: Availability of Alternative Solutions. Notable trends are: Valves Holds a Significant Share in the Market.

Fluid Power Equipment Market is estimated to be USD 63266.1 million by 2030, with a CAGR of 5.5% during the forecast period