North America Hydraulic Equipment Market 2025-2035
Description
North America Hydraulic Equipment Market Size, Share & Trends Analysis Report, By Type (Mobile Hydraulics and Industrial Hydraulics), By Product (Motors and Pumps, Valves, Cylinders, and Others), By End-User Industry (Construction and Mining, Agriculture, Oil and Gas, Automotive, Aerospace and Defense, and Others), Forecast Period (2025-2035)
Industry Overview
North America hydraulic equipment market was valued at $10.1 billion in 2024 and is projected to reach $14.5 billion by 2035, growing at a CAGR of 3.4% during the forecast period (2025-2035). The hydraulic equipment industry in North America is witnessing notable progress, supported by rising industrial automation and technological upgrades. Expanding applications in agriculture, construction, and heavy machinery continue to stimulate steady demand. Manufacturers are focusing on improving system efficiency and durability to meet evolving customer expectations. Investments in infrastructure projects across the United States and Canada further strengthen the market outlook. Additionally, the integration of intelligent controls is enhancing the performance of traditional hydraulic systems. Together, these factors are shaping a competitive and innovation-driven landscape for hydraulic equipment in the region.
Market Dynamics
Adoption of Energy-Efficient Hydraulics
The North American hydraulic equipment market is increasingly shaped by the shift toward energy-efficient technologies. Rising energy costs and strict environmental regulations are pushing industries to invest in solutions that minimize wastage. Bosch Rexroth has been at the forefront with its advanced hydraulic drives designed to optimize power consumption. These systems not only reduce operational expenses align with North America’s broader sustainability goals. Their application is expanding across sectors such as automotive and construction, where efficiency is a top priority. This growing emphasis on energy-conscious equipment highlights a fundamental shift in purchasing strategies.
Integration of Digital Monitoring Solutions
Another defining trend is the integration of smart monitoring and diagnostic tools into hydraulic systems. North American manufacturers are embedding sensors and IoT-based features to enable real-time performance tracking. Parker Hannifin has developed sensor-equipped hydraulic valves that allow predictive maintenance and minimize unplanned downtime. This innovation helps industries enhance productivity while reducing repair costs and system inefficiencies. Companies in aerospace, defense, and heavy machinery are increasingly adopting such solutions to ensure operational reliability. The preference for digitalized hydraulics indicates a decisive move toward connected and intelligent systems.
Market Segmentation
Demand for hydraulic cylinders in North America is expanding as industries seek reliable solutions for heavy-duty applications. These components play a vital role in machinery used across sectors such as agriculture, transportation, and manufacturing. Eaton Corporation supplies a wide range of hydraulic cylinders designed to deliver consistent power and durability. Their use in mobile equipment has contributed to improved productivity and operational efficiency. The growing reliance on these products reflects the importance of advanced motion control in industrial operations. This momentum continues to strengthen the cylinder segment within the regional market.
Construction and Mining: A Key Segment in Market Growth
The construction and mining industries are central to the hydraulic equipment market’s growth in North America. Rising investments in large-scale infrastructure and resource extraction projects drive demand for high-performance machinery. Caterpillar offers hydraulic excavators and loaders equipped with robust systems that enhance digging and lifting capabilities. These machines are integral to modern construction and mining operations, ensuring higher efficiency and safety standards. Their widespread adoption underscores the importance of hydraulics in tackling demanding environments. As a result, the sector remains a cornerstone of market development across the region.
Regional Outlook
North America hydraulic equipment market is further divided by countries, including Germany, the UK, France, Spain, Italy, Russia, and the Rest of North America.
Increasing Demand for End-User Industries in the US
The US hydraulic equipment market is reinforced by the nation’s strong focus on technology-driven industrial development. Growth in sectors such as aerospace, energy, and automotive continues to stimulate the use of advanced hydraulic systems. Parker-Hannifin Corporation, headquartered in Ohio, offers a diverse portfolio including pumps, valves, and motion control technologies. These products are designed to improve system performance while ensuring long-term reliability. Their adoption across industries highlights the country’s preference for innovation-led solutions. This environment positions the US to shape hydraulic advancements within North America.
Market Players Outlook
The major companies operating in the North America hydraulic equipment market include Bosch Rexroth Corp., Caterpillar, Inc., Eaton Corp. plc, John Deere (Deere & Company), Parker-Hannifin Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
Industry Overview
North America hydraulic equipment market was valued at $10.1 billion in 2024 and is projected to reach $14.5 billion by 2035, growing at a CAGR of 3.4% during the forecast period (2025-2035). The hydraulic equipment industry in North America is witnessing notable progress, supported by rising industrial automation and technological upgrades. Expanding applications in agriculture, construction, and heavy machinery continue to stimulate steady demand. Manufacturers are focusing on improving system efficiency and durability to meet evolving customer expectations. Investments in infrastructure projects across the United States and Canada further strengthen the market outlook. Additionally, the integration of intelligent controls is enhancing the performance of traditional hydraulic systems. Together, these factors are shaping a competitive and innovation-driven landscape for hydraulic equipment in the region.
Market Dynamics
Adoption of Energy-Efficient Hydraulics
The North American hydraulic equipment market is increasingly shaped by the shift toward energy-efficient technologies. Rising energy costs and strict environmental regulations are pushing industries to invest in solutions that minimize wastage. Bosch Rexroth has been at the forefront with its advanced hydraulic drives designed to optimize power consumption. These systems not only reduce operational expenses align with North America’s broader sustainability goals. Their application is expanding across sectors such as automotive and construction, where efficiency is a top priority. This growing emphasis on energy-conscious equipment highlights a fundamental shift in purchasing strategies.
Integration of Digital Monitoring Solutions
Another defining trend is the integration of smart monitoring and diagnostic tools into hydraulic systems. North American manufacturers are embedding sensors and IoT-based features to enable real-time performance tracking. Parker Hannifin has developed sensor-equipped hydraulic valves that allow predictive maintenance and minimize unplanned downtime. This innovation helps industries enhance productivity while reducing repair costs and system inefficiencies. Companies in aerospace, defense, and heavy machinery are increasingly adopting such solutions to ensure operational reliability. The preference for digitalized hydraulics indicates a decisive move toward connected and intelligent systems.
Market Segmentation
- Based on the type, the market is segmented into mobile hydraulics and industrial hydraulics.
- Based on the product, the market is segmented into motors and pumps, valves, cylinders, and others.
- Based on the end-user industry, the market is segmented into construction and mining, agriculture, oil and gas, automotive, aerospace and defense, and others.
Demand for hydraulic cylinders in North America is expanding as industries seek reliable solutions for heavy-duty applications. These components play a vital role in machinery used across sectors such as agriculture, transportation, and manufacturing. Eaton Corporation supplies a wide range of hydraulic cylinders designed to deliver consistent power and durability. Their use in mobile equipment has contributed to improved productivity and operational efficiency. The growing reliance on these products reflects the importance of advanced motion control in industrial operations. This momentum continues to strengthen the cylinder segment within the regional market.
Construction and Mining: A Key Segment in Market Growth
The construction and mining industries are central to the hydraulic equipment market’s growth in North America. Rising investments in large-scale infrastructure and resource extraction projects drive demand for high-performance machinery. Caterpillar offers hydraulic excavators and loaders equipped with robust systems that enhance digging and lifting capabilities. These machines are integral to modern construction and mining operations, ensuring higher efficiency and safety standards. Their widespread adoption underscores the importance of hydraulics in tackling demanding environments. As a result, the sector remains a cornerstone of market development across the region.
Regional Outlook
North America hydraulic equipment market is further divided by countries, including Germany, the UK, France, Spain, Italy, Russia, and the Rest of North America.
Increasing Demand for End-User Industries in the US
The US hydraulic equipment market is reinforced by the nation’s strong focus on technology-driven industrial development. Growth in sectors such as aerospace, energy, and automotive continues to stimulate the use of advanced hydraulic systems. Parker-Hannifin Corporation, headquartered in Ohio, offers a diverse portfolio including pumps, valves, and motion control technologies. These products are designed to improve system performance while ensuring long-term reliability. Their adoption across industries highlights the country’s preference for innovation-led solutions. This environment positions the US to shape hydraulic advancements within North America.
Market Players Outlook
The major companies operating in the North America hydraulic equipment market include Bosch Rexroth Corp., Caterpillar, Inc., Eaton Corp. plc, John Deere (Deere & Company), Parker-Hannifin Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
- In November 2024, Motion Industries, Inc., a U.S.-based distributor of maintenance, repair, and operation replacement parts, signed a definitive purchase agreement to acquire the operating assets of Ontario’s Stoney Creek Hydraulics. Stoney Creek Hydraulics specializes in manufacturing and repairing hydraulic and pneumatic cylinders.
- In June 2023, Bosch Rexroth opened a production plant in Mexico. The opening of a new plant in Querétaro, Mexico, Bosch Rexroth is creating more manufacturing capacity for the growth markets of mobile hydraulics and factory automation in North America and shortening delivery routes. The company is investing about 160 million euros in the new location and will create about 900 jobs by 2027. The aim is to strengthen local production for the North American factory automation and hydraulics market and thus be able to serve customers even better and more efficiently in the future.
- Market value data analysis of 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the North America hydraulic equipment market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
Table of Contents
159 Pages
- 1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- North America Hydraulic Equipment Market Sales Analysis – Type | Product | End-User Industry | ($ Million)
- North America Hydraulic Equipment Market Sales Performance of Top Countries
- 1.1. Research Methodology
- Primary Research Approach
- Secondary Research Approach
- 1.2. Market Snapshot
- 2. Market Overview and Insights
- 2.1. Scope of the Study
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key North America Hydraulic Equipment Industry Trends
- 2.2.2. Market Recommendations
- 3. Market Determinants
- 3.1. Market Drivers
- 3.1.1. Drivers For North America Hydraulic Equipment Market: Impact Analysis
- 3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For North America Hydraulic Equipment Market: Impact Analysis
- 3.3. Market Opportunities
- 4. Competitive Landscape
- 4.1. Competitive Dashboard – North America Hydraulic Equipment Market Revenue and Share by Manufacturers
- Hydraulic Equipment Product Comparison Analysis
- Top Market Player Ranking Matrix
- 4.2. Key Company Analysis
- 4.2.1. Bosch Rexroth AG
- 4.2.1.1. Overview
- 4.2.1.2. Product Portfolio
- 4.2.1.3. Financial Analysis (Subject to Data Availability)
- 4.2.1.4. SWOT Analysis
- 4.2.1.5. Business Strategy
- 4.2.2. Caterpillar, Inc.
- 4.2.2.1. Overview
- 4.2.2.2. Product Portfolio
- 4.2.2.3. Financial Analysis (Subject to Data Availability)
- 4.2.2.4. SWOT Analysis
- 4.2.2.5. Business Strategy
- 4.2.3. Eaton Corp. plc
- 4.2.3.1. Overview
- 4.2.3.2. Product Portfolio
- 4.2.3.3. Financial Analysis (Subject to Data Availability)
- 4.2.3.4. SWOT Analysis
- 4.2.3.5. Business Strategy
- 4.2.4. John Deere (Deere & Company)
- 4.2.4.1. Overview
- 4.2.4.2. Product Portfolio
- 4.2.4.3. Financial Analysis (Subject to Data Availability)
- 4.2.4.4. SWOT Analysis
- 4.2.4.5. Business Strategy
- 4.2.5. Parker-Hannifin Corp.
- 4.2.5.1. Overview
- 4.2.5.2. Product Portfolio
- 4.2.5.3. Financial Analysis (Subject to Data Availability)
- 4.2.5.4. SWOT Analysis
- 4.2.5.5. Business Strategy
- 4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration
- 5. North America Hydraulic Equipment Market Sales Analysis by Type ($ Million)
- 5.1. Mobile Hydraulics
- 5.2. Industrial Hydraulics
- 6. North America Hydraulic Equipment Market Sales Analysis by Product ($ Million)
- 6.1. Motors and Pumps
- 6.2. Valves
- 6.3. Cylinders
- 6.4. Others
- 7. North America Hydraulic Equipment Market Sales Analysis by End-User Industry ($ Million)
- 7.1. Construction and Mining
- 7.2. Agriculture
- 7.3. Oil and Gas
- 7.4. Automotive
- 7.5. Aerospace and Defense
- 7.6. Others
- 8. Regional Analysis
- 8.1. North America Hydraulic Equipment Market Sales Analysis – Type | Product | End-User Industry | Country ($ Million)
- Macroeconomic Factors for North America
- 8.1.1. US
- 8.1.2. Canada
- 9. Company Profiles
- 9.1. Bosch Rexroth Corp.
- 9.1.1. Quick Facts
- 9.1.2. Company Overview
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategies
- 9.2. Caterpillar, Inc.
- 9.2.1. Quick Facts
- 9.2.2. Company Overview
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategies
- 9.3. Danfoss Power Solutions (formerly Sauer-Danfoss)
- 9.3.1. Quick Facts
- 9.3.2. Company Overview
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategies
- 9.4. Doerfer Companies
- 9.4.1. Quick Facts
- 9.4.2. Company Overview
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategies
- 9.5. Eaton Corp. plc
- 9.5.1. Quick Facts
- 9.5.2. Company Overview
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategies
- 9.6. Enerpac Tool Group Corp.
- 9.6.1. Quick Facts
- 9.6.2. Company Overview
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategies
- 9.7. HYDAC International GmbH
- 9.7.1. Quick Facts
- 9.7.2. Company Overview
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategies
- 9.8. JLG Industries, Inc.
- 9.8.1. Quick Facts
- 9.8.2. Company Overview
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategies
- 9.9. John Deere (Deere & Company)
- 9.9.1. Quick Facts
- 9.9.2. Company Overview
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategies
- 9.10. Komatsu Ltd.
- 9.10.1. Quick Facts
- 9.10.2. Company Overview
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategies
- 9.11. KYB Corp.
- 9.11.1. Quick Facts
- 9.11.2. Company Overview
- 9.11.3. Product Portfolio
- 9.11.4. Business Strategies
- 9.12. Lehigh Fluid Power
- 9.12.1. Quick Facts
- 9.12.2. Company Overview
- 9.12.3. Product Portfolio
- 9.12.4. Business Strategies
- 9.13. Liebherr Group
- 9.13.1. Quick Facts
- 9.13.2. Company Overview
- 9.13.3. Product Portfolio
- 9.13.4. Business Strategies
- 9.14. Linde Hydraulics Corp.
- 9.14.1. Quick Facts
- 9.14.2. Company Overview
- 9.14.3. Product Portfolio
- 9.14.4. Business Strategies
- 9.15. Moog Inc.
- 9.15.1. Quick Facts
- 9.15.2. Company Overview
- 9.15.3. Product Portfolio
- 9.15.4. Business Strategies
- 9.16. Oilgear Company
- 9.16.1. Quick Facts
- 9.16.2. Company Overview
- 9.16.3. Product Portfolio
- 9.16.4. Business Strategies
- 9.17. Parker-Hannifin Corp.
- 9.17.1. Quick Facts
- 9.17.2. Company Overview
- 9.17.3. Product Portfolio
- 9.17.4. Business Strategies
- 9.18. Swanson Industries, Inc.
- 9.18.1. Quick Facts
- 9.18.2. Company Overview
- 9.18.3. Product Portfolio
- 9.18.4. Business Strategies
- 9.19. Yates Industries, Inc.
- 9.19.1. Quick Facts
- 9.19.2. Company Overview
- 9.19.3. Product Portfolio
- 9.19.4. Business Strategies
- 9.20. ZF Friedrichshafen AG
- 9.20.1. Quick Facts
- 9.20.2. Company Overview
- 9.20.3. Product Portfolio
- 9.20.4. Business Strategies
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