Hydraulic Equipment Market by Application, Component, and Geography - Forecast and Analysis 2020-2024

Hydraulic Equipment Market by Application, Component, and Geography - Forecast and Analysis 2020-2024

Global Hydraulic Equipment Market: About this market

Technavio’s hydraulic equipment market analysis considers sales from various type of components such as pump and motor, valve, cylinder, accumulator and filter, and others. Our report also provides a detailed analysis of the market in APAC, Europe, MEA, North America, and South America. In 2019, the mobile application segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing demand for earthmoving equipment, material handling equipment, drilling rigs, and commercial vehicles will play a significant role in the mobile application segment to maintain its market position. Also, our global hydraulic equipment market report looks at factors such as growing e-commerce industry, and increasing construction activities. However, rigidity of hydraulic equipment, volatility of manufacturing cost, and increasing replacement of hydraulic tools with electric and pneumatic tools may hamper the growth of the hydraulic equipment industry over the forecast period.

Global Hydraulic Equipment Market: Overview

Increasing construction activities

The growth of the real estate industry, especially the increase in the residential and industrial construction is driving the growth of the global hydraulic equipment market. The demand for construction machinery is growing due to an increase in investments in such infrastructure projects. To cater to the increasing construction activities, vendors are focusing to expand their machine manufacturing capabilities. This will lead to the expansion of the global hydraulic equipment market at a CAGR of almost 5% during the forecast period.

Increasing adoption of electric vehicles

The increase in adoption of electric vehicles is due to the presence of regulations on carbon emissions and environment safety. This has led the vendors to develop new hydraulic equipment for electric vehicles to reduce carbon footprints. For instance, Webasto SE has developed a technology called Eco Innovation which can charge the battery of electric vehicles and operate their hydraulic systems. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global hydraulic equipment market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global hydraulic equipment market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydraulic equipment manufacturers, that include Daikin Industries Ltd., Eaton Corp. Plc, Emerson Electric Co., Kawasaki Heavy Industries Ltd., Komatsu Ltd., Parker-Hannifin Corp., Robert Bosch GmbH, Siemens AG, WEBER-HYDRAULIK GmbH, and Wipro Enterprises (P) Ltd.

Also, the hydraulic equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global industrial machinery market
      • Table Segments of global industrial machinery market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ billions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by application
    • Table Application - Market share 2019-2024 (%)
    • Comparison by application
      • Table Comparison by application
    • Mobile - Market size and forecast 2019-2024
      • Table Mobile - Market size and forecast 2019-2024 ($ billions)
      • Table Mobile - Year-over-year growth 2020-2024 (%)
    • Industrial - Market size and forecast 2019-2024
      • Table Industrial - Market size and forecast 2019-2024 ($ billions)
      • Table Industrial - Year-over-year growth 2020-2024 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by component
    • Table Component - Market share 2019-2024 (%)
    • Comparison by component
      • Table Comparison by component
    • Pump and motor - Market size and forecast 2019-2024
      • Table Pump and motor - Market size and forecast 2019-2024 ($ billions)
      • Table Pump and motor - Year-over-year growth 2020-2024 (%)
    • Valve - Market size and forecast 2019-2024
      • Table Valve - Market size and forecast 2019-2024 ($ billions)
      • Table Valve - Year-over-year growth 2020-2024 (%)
    • Cylinder - Market size and forecast 2019-2024
      • Table Cylinder - Market size and forecast 2019-2024 ($ billions)
      • Table Cylinder - Year-over-year growth 2020-2024 (%)
    • Accumulator and filter - Market size and forecast 2019- 2024
      • Table Accumulator and filter - Market size and forecast 2019-2024 ($ billions)
      • Table Accumulator and filter - Year-over-year growth 2020-2024 (%)
    • Others - Market size and forecast 2019-2024
      • Table Others - Market size and forecast 2019-2024 ($ billions)
      • Table Others - Year-over-year growth 2020-2024 (%)
    • Market opportunity by component
      • Table Market opportunity by component
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ billions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ billions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision Framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Iron ore price in 2017 ($/dmtu)
      • Table Steel prices in US – Year-over-year growth 2013-2017 (%)
      • Table Impact of drivers and challenges
  • Market trends
    • Advent of integrated Industry 4.0 with IoT
    • Increasing adoption of electric vehicles
    • Rising focus on manufacturing energy-efficient equipment
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Daikin Industries Ltd.
      • Table Daikin Industries Ltd. - Vendor overview
      • Table Daikin Industries Ltd. - Business segments
      • Table Daikin Industries Ltd. - Organizational developments
      • Table Daikin Industries Ltd. - Geographic focus
      • Table Daikin Industries Ltd. - Segment focus
      • Table Daikin Industries Ltd. - Key offerings
    • Eaton Corp. Plc
      • Table Eaton Corp. Plc - Vendor overview
      • Table Eaton Corp. Plc - Business segments
      • Table Eaton Corp. Plc- Organizational developments
      • Table Eaton Corp. Plc - Geographic focus
      • Table Eaton Corp. Plc - Segment focus
      • Table Eaton Corp. Plc - Key offerings
    • Emerson Electric Co.
      • Table Emerson Electric Co. - Vendor overview
      • Table Emerson Electric Co. - Business segments
      • Table Emerson Electric Co. - Organizational developments
      • Table Emerson Electric Co. - Geographic focus
      • Table Emerson Electric Co. - Segment focus
      • Table Emerson Electric Co. - Key offerings
    • Kawasaki Heavy Industries Ltd.
      • Table Kawasaki Heavy Industries Ltd. - Vendor overview
      • Table Kawasaki Heavy Industries Ltd. - Business segments
      • Table Kawasaki Heavy Industries Ltd. - Organizational developments
      • Table Kawasaki Heavy Industries Ltd. - Geographic focus
      • Table Kawasaki Heavy Industries Ltd. - Segment focus
      • Table Kawasaki Heavy Industries Ltd. - Key offerings
    • Komatsu Ltd.
      • Table Komatsu Ltd. - Vendor overview
      • Table Komatsu Ltd. - Business segments
      • Table Komatsu Ltd. - Organizational developments
      • Table Komatsu Ltd. - Geographic focus
      • Table Komatsu Ltd. - Segment focus
      • Table Komatsu Ltd. - Key offerings
    • Parker-Hannifin Corp.
      • Table Parker-Hannifin Corp. - Vendor overview
      • Table Parker-Hannifin Corp. - Business segments
      • Table Parker-Hannifin Corp. - Organizational developments
      • Table Parker-Hannifin Corp. - Geographic focus
      • Table Parker-Hannifin Corp. - Segment focus
      • Table Parker-Hannifin Corp. - Key offerings
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Vendor overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH - Organizational developments
      • Table Robert Bosch GmbH - Geographic focus
      • Table Robert Bosch GmbH - Segment focus
      • Table Robert Bosch GmbH - Key offerings
    • Siemens AG
      • Table Siemens AG - Vendor overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Organizational developments
      • Table Siemens AG - Geographic focus
      • Table Siemens AG - Segment focus
      • Table Siemens AG - Key offerings
    • WEBER-HYDRAULIK GmbH
      • Table WEBER-HYDRAULIK GmbH - Vendor overview
      • Table WEBER-HYDRAULIK GmbH - Product segments
      • Table WEBER-HYDRAULIK GmbH - Key offerings
    • Wipro Enterprises (P) Ltd.
      • Table Wipro Enterprises (P) Ltd. - Vendor overview
      • Table Wipro Enterprises (P) Ltd. - Business segments
      • Table Wipro Enterprises (P) Ltd. - Organizational developments
      • Table Wipro Enterprises (P) Ltd. - Geographic focus
      • Table Wipro Enterprises (P) Ltd. - Segment focus
      • Table Wipro Enterprises (P) Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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