Stratistics MRC’s Global Hydraulic Pumps Market value is expected to reach $21.4 billion growing at a CAGR of 8.8% during 2024-2030.

Hydraulic pumps are mechanical devices that convert mechanical energy into hydraulic pressure to power fluid-based systems. They generate flow and transmit force by pressurizing liquids, enabling efficient operation in industrial machinery, construction equipment, and automotive applications. Designed for durability and precision, hydraulic pumps regulate fluid movement in hydraulic circuits, ensuring optimal performance. Their widespread use in heavy-duty systems, such as excavators and manufacturing units, highlights their critical role in energy transfer and motion control within hydraulic mechanisms.
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Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR fueled by rapid industrialization, expanding construction projects, and increasing investments in manufacturing. Countries such as China, India, and Japan are leading hydraulic system advancements, integrating modernized technologies into diverse industrial applications. Government initiatives promoting large-scale infrastructure developments are further accelerating market growth.

Some of the key players in Hydraulic Pumps Market include Parker Hannifin Corp, Bosch Rexroth Corporation, Eaton, Danfoss, LHY Powertrain GmbH & Co. KG, HYDAC International GmbH, Bucher Hydraulics GmbH, Shimadzu Corporation, Kawasaki Heavy Industries, Ltd., DAIKIN INDUSTRIES, Ltd, Eaton Corporation, Enerpac Tool Group, Linde Hydraulics, Dynamatic Technologies Ltd, Daikin Industries Ltd, KYB Corporation and Permco Inc.
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Key Developments:
In May 2025, Bosch Rexroth, in collaboration with WITTENSTEIN motion control, unveiled the eSEA Spin multiturn subsea actuator at OTC 2025 in Houston. This innovative actuator electrifies the operation of flow valves in subsea systems, enhancing efficiency and reliability.

In April 2025, Eaton introduced the next-generation 9PX G2 uninterruptible power supply (UPS) systems, offering enhanced energy efficiency and scalability for IT and industrial applications. The new UPS systems feature advanced battery management and a compact design.

In January 2025, Danfoss's BOCK HGX56 CO? T compressor received the Refrigeration category award at the 2025 AHR Expo Innovation Awards. The compressor's innovative 6-cylinder design expands Danfoss's CO? product offerings.

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