Fluid Power Equipment Market 2025: The Critical Role of Fluid Power Equipment Market Surges With Food And Beverage Demand Driver in Industry Evolution

 

The fluid power equipment market size has grown strongly in recent years. 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%.  The growth in the historic period can be attributed to expansion of construction and infrastructure projects, automotive industry applications, mining and material handling equipment demand, energy sector utilization, aerospace and defense applications.

The fluid power equipment market size is expected to see strong growth in the next few years. It will grow to $47.6 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%.  The growth in the forecast period can be attributed to rise in renewable energy projects, focus on energy efficiency, expansion of e-commerce and logistics, increased adoption of electric and hybrid vehicles, infrastructure development in emerging markets. Major trends in the forecast period include integration of industry 4.0 technologies, advancements in hydraulic technology, focus on energy-efficient solutions, advancements in hydraulic fluid, emphasis on condition monitoring and predictive maintenance.

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Which major factors have contributed to the expansion of the fluid power equipment market?
An increase in demand from the food and beverage industry is significantly contributing to the growth of the fluid power equipment market going forward. The food and beverage industry includes companies that are involved in the processing, packaging, and distribution of food materials and alcoholic and non-alcoholic beverages. Fluid power equipment is used in the food and beverage industry for processing, moving ingredients, and final packaging. For instance, in April 2022, according to a report shared by Common Thread Collective, a US-based e-commerce growth agency, in 2022, global food and beverage sales increased to $506 billion from $435.3 billion in 2021. Furthermore, the sales are expected to reach $857 billion by 2025. Therefore, an increase in demand from the food and beverage industries is driving the growth of the fluid power equipment market.

How is the fluid power equipment market segmented?
The fluid power equipment market covered in this report 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

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Who are the top competitors 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., Dover Corporation, Bosch Rexroth AG, Alfa Laval, Festo SE & Co. KG, Flowserve Corporation, Crane Holdings, Hydac GmbH, Graco Inc., Colfax Ltd., Helios Technologies Inc., Christian Bürkert GmbH and Co, Circor International, Moog Inc., Sparrows Offshore Group Limited, Bucher Hydraulics GmbH, Oilgear Company, Casappa S.p.A, Duplomatic Motion Solutions S.p.A., Hawe Hydraulik SE, Fluid Systems Inc., Daikin Industries Ltd., Daman Products Co. Inc., Fluid-Power Equipment Inc., Applied Fluid Power, Hydraulics International Inc., BVA Hydraulics

Which key trends are expected to influence the fluid power equipment market in the coming years?
Strategic partnerships and collaborations are the key trends gaining popularity in the fluid power equipment market. Major companies operating in the fluid power equipment sector are focused on partnerships with other companies to increase product portfolio and lead the market. For instance, in June 2022, Bosch Rexroth, a Germany-based engineering firm that provides hydraulic products partnered with AGILOX to open up the market for autonomous mobile robots. This partnership aimed to combine strong products and scale the global presence. AGILOX is an Austria-based automation company. Similarly, in February 2022, Parker Hannifin Corporation, a US-based motion technologies company that develops hydraulic pumps and power systems partnered with Cummins Inc. to add connected engine solutions with Parker’s Mobile IoT platform. This partnership enables customers to receive real-time alerts and access diagnostic messages for Parker components and Cummins engines in a single dashboard. Cummins Inc. is a US-based company that manufactures filtration, engines, and power generation products.

Which regional trends are influencing the fluid power equipment market, and which area dominates the industry?
The countries covered in the fluid power equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Does The Fluid Power Equipment Market Report 2025 Offer?
The fluid power equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.

Fluid power equipment refers to industrial machinery or components that use fluids such as liquids or gases to transmit power from one location to another. The fluid power equipment is used to control, generate, and transmit power. They can produce high pressure and high force in compact volumes that can be monitored within a system by meters and gauges. These are used to push, lift, rotate, pull, or grip almost any load.

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