
Leading Driver In The Fluid Power Equipment Market 2025: Market Surges With Food And Beverage Demand
The Business Research Company’s Fluid Power Equipment Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034
LONDON, GREATER LONDON, UNITED KINGDOM, May 26, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034
Given the intense drive in recent years by industries to shift towards automation, the fluid power equipment market size has strongly grown. It will grow from $32.49 billion in 2024 to $34.92 billion in 2025 at a compound annual growth rate CAGR of 7.5%. This growth during the historical period can be attributed to the expansion of construction and infrastructure projects, automotive industry applications, mining and material handling equipment demand, energy sector utilization, aerospace, and defense applications.
What can we expect from the future growth of the Fluid Power Equipment Market?
The fluid power equipment market size is expected to see robust growth in the coming years. It is projected to reach $47.6 billion by 2029, reflecting a compound annual growth rate CAGR of 8.1%. This growth in the forecast period is primarily driven by the increase in renewable energy projects, emphasis on energy efficiency, the expansion of E-commerce and logistics, increased adoption of electric and hybrid vehicles, and infrastructure development in emerging markets.
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How is the Construction Industry propelling the Fluid Power Equipment Market?
An increase in construction activities is set to boost the fluid power equipment market going forward. Construction activities refer to the physical processes and tasks involved in building structures, infrastructure, or facilities. Fluid power equipment is used in construction operations to power hydraulic systems that drive heavy machinery. This translates to more efficient and precise operations on construction sites, propelling the growth of the market.
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Who are the key players in the Fluid Power Equipment Market?
Major companies operating in the fluid power equipment market include Hengli America Inc., Eaton Corporation plc, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Atos S.p.A., and Dover Corporation. These industry leaders shape the competitive landscape of the fluid power equipment global market through innovative solutions and pioneering technologies.
What are the emerging trends in the Fluid Power Equipment Market?
Prominent companies in the fluid power equipment global market are focused on establishing unique identities through innovative initiatives such as fluid power business brands. A fluid power business brand refers to the unique identity, image, and representation of a company operating in the fluid power industry.
How is the Global Fluid Power Equipment Market Segmented?
The fluid power equipment global market is segmented –
1 By Type: Hydraulic, Pneumatic
2 By Product Types: Pumps, Motors, Valves, Cylinders, Accumulators And Filters, Other Product Types
3 By Application: Construction, Automotive, Oil And Gas, Food Processing, Packaging, Semiconductor, Other Applications
Subsegments:
1 By Hydraulic: Hydraulic Pumps, Hydraulic Cylinders, Hydraulic Valves, Hydraulic Motors, Hydraulic Accumulators
2 By Pneumatic: Pneumatic Cylinders, Pneumatic Valves, Pneumatic Compressors, Pneumatic Actuators, Pneumatic Accessories
What are the regional insights into the Fluid Power Equipment Market?
Asia-Pacific was the largest region in the fluid power equipment market in 2024. North America, however, is expected to be the fastest-growing region in the forecast period. The regions covered in the market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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