Global Mobile Hydraulic Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Pumps, Motors, Valves, Cylinders, Transmissions, Accumulators & filters ,and Others.

By Industry;

Construction, Agriculture, Material Handling, Oil & Gas, Aerospace & Defense, Mining, and Others.

By Application;

Industrial and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn141552061 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Mobile Hydraulic Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Mobile Hydraulic Equipment Market was valued at USD 49,807.05 million. The size of this market is expected to increase to USD 63,798.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.6%.

The global mobile hydraulic equipment market is experiencing significant growth, driven by the increasing demand for advanced hydraulic systems across various industries such as construction, agriculture, mining, marine, and offshore. Mobile hydraulic equipment plays a crucial role in powering and controlling a wide range of machinery and vehicles, including excavators, loaders, tractors, cranes, drilling rigs, and offshore support vessels. These hydraulic systems offer high power density, precise control, and efficient operation, making them indispensable for numerous applications where heavy lifting, precise movement, and reliable performance are required.

The market is witnessing a growing demand for mobile hydraulic equipment due to the rapid urbanization and industrialization, especially in emerging economies. The construction industry, in particular, is a major driver of market growth, with increasing infrastructure development projects and construction activities driving the demand for hydraulic-powered machinery and equipment. Moreover, the mechanization of agriculture, expansion of the mining sector, and growth in the marine and offshore industries are further fueling the demand for mobile hydraulic equipment globally.Technological advancements such as the integration of electronic controls, automation, and IoT-enabled systems are driving innovation in the mobile hydraulic equipment market. Manufacturers are focusing on developing energy-efficient and environmentally sustainable hydraulic systems to meet the growing demand for cleaner and more efficient machinery. Additionally, there is a growing emphasis on the development of lightweight and compact hydraulic components to improve fuel efficiency and reduce the overall weight of machinery and equipment. With increasing investments in infrastructure development and industrial automation, the global mobile hydraulic equipment market is poised for significant growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Industry
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Mobile Hydraulic Equipment Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Construction Industry Growth
        2. Agriculture Mechanization
        3. Mining Industry Expansion
        4. Industrialization and Infrastructure Development
        5. Technological Advancements
      2. Restraints
        1. Environmental Regulations
        2. High Initial Investment
        3. Intense Competition
        4. Volatility in Raw Material Prices
        5. Technical Challenges
      3. Opportunities
        1. Renewable energy applications
        2. Adoption of advanced materials
        3. Expansion in emerging markets
        4. Integration of predictive maintenance technologies
        5. Growth in the marine and offshore sector
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mobile Hydraulic Equipment Market, By Type, 2021 - 2031 (USD Million)
      1. Pumps
      2. Motors
      3. Valves
      4. Cylinders
      5. Transmissions
      6. Accumulators and filters
      7. Others
    2. Global Mobile Hydraulic Equipment Market, By Industry, 2021 - 2031 (USD Million)
      1. Construction
      2. Agriculture
      3. Material Handling
      4. Oil & Gas
      5. Aerospace & Defense
      6. Mining
      7. Others
    3. Global Mobile Hydraulic Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial
      2. Commercial
    4. Global Mobile Hydraulic Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch Rexroth AG
      2. Eaton Corporation
      3. Parker Hannifin Corporation
      4. Kawasaki Heavy Industries Ltd.
      5. Danfoss Group
  7. Analyst Views
  8. Future Outlook of the Market