8 Electro Hydraulics Market for Off-Highway Equipment, by Component
8.1 Introduction
8.2 Hydraulic Pumps
8.2.1 Demand for Increased Efficiency of Hydraulic Systems to Boost Growth
8.2.2 Key Suppliers of Hydraulic Pumps
8.2.3 Average Number of Hydraulic Pumps Used in Off-Highway Equipment
8.2.4 Average Price Range of Hydraulic Pumps Used in Electrohydraulic Systems, by Region, 2024
8.3 Control Valves
8.3.1 Advancements in Solenoid-Operated Valves to Drive Market
8.3.2 Key Suppliers of Control Valves
8.3.3 Average Number of Control Valves Used in Off-Highway Equipment
8.3.4 Average Price Range of Control Valves Used in Electrohydraulic Systems, by Region, 2024
8.4 Electric Motors
8.4.1 Increasing Adoption of Electrically-Propelled Equipment to Drive Market
8.4.2 Key Suppliers of Electric Motors
8.4.3 Average Number of Electric Motors Used in Off-Highway Equipment
8.4.4 Average Price Range of Electric Motors Used in Electrohydraulic Systems, by Region, 2024
8.5 Hydraulic Cylinders
8.5.1 Growing Demand for Off-Highway Equipment to Drive Market
8.5.2 Key Suppliers of Hydraulic Cylinders
8.5.3 Average Number of Hydraulic Cylinders Used in Off-Highway Equipment
8.5.4 Average Price Range of Hydraulic Cylinders Used in Electrohydraulic Systems, by Region, 2024
8.6 Sensors
8.6.1 Need for Monitoring, Controlling, and Optimizing Performance of Hydraulic Systems to Drive Market
8.6.2 Key Suppliers of Sensors
8.6.3 Average Number of Sensors Used in Off-Highway Equipment
8.6.4 Average Price Range of Sensors Used in Electrohydraulic Systems, by Region, 2024
8.7 Electronic Control Unit (Ecu)
8.7.1 Focus on Improving Control, Feedback, and Efficiency of Off-Highway Equipment to Drive Market
8.7.2 Key Suppliers of Electronic Control Units (Ecus)
8.7.3 Average Number of Electronic Control Units (Ecus) Used in Off-Highway Equipment
8.7.4 Average Price Range of Electronic Control Units (Ecus) Used in Electrohydraulic Systems, by Region, 2024
8.8 Programmable Logic Controller (Plc)
8.8.1 Focus on Automation, Flexibility, and Real-Time Optimization to Spur Demand
8.8.2 Key Suppliers of Programmable Logic Controllers (Plcs)
8.8.3 Average Number of Programmable Logic Controllers (Plcs) Used in Off-Highway Equipment
8.9 Industry Insights
List of Tables
Table 1 Exchange Rates, 2021 - 2024
Table 2 Conventional Hydraulics Vs. Electro Hydraulics: Component-Wise Comparison
Table 3 Number of Ice Construction Equipment Types, by Region, 2025 (Units)
Table 4 Number of Electric Construction Equipment Types, by Region, 2025 (Units)
Table 5 Number of Ice Compact Construction Equipment Types, by Region, 2025 (Units)
Table 6 Number of Electric Compact Construction Equipment Types, by Region, 2025 (Units)
Table 7 Number of Agricultural Tractors Equipped with Ice and Electric Propulsion Types, by Region, 2025 (Units)
Table 8 Forklifts Equipped with Propulsion Types, by Region, 2025 (Units)
Table 9 Mining Equipment Equipped with Propulsion Types, by Region, 2025 (Units)
Table 10 Average Selling Price of Key Electrohydraulic Components, 2024 (USD)
Table 11 Average Selling Price of Key Components of Electrohydraulic Systems, by Region, 2024 (USD)
Table 12 Role of Companies in Ecosystem
Table 13 Patents Published, 2017-2024
Table 14 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Key Conferences & Events, 2025-2026
Table 18 Influence of Stakeholders on Buying Process, by Type (%)
Table 19 Key Buying Criteria for Hydraulic Systems, by Type
Table 20 Hydraulics Market for Off-Highway Equipment, by Type, 2021-2024 (Units)
Table 21 Hydraulics Market for Off-Highway Equipment, by Type, 2025-2032 (Units)
Table 22 Conventional Hydraulics Market for Off-Highway Equipment, By Region, 2021-2024 (Units)
Table 23 Conventional Hydraulics Market for Off-Highway Equipment, By Region, 2025-2032 (Units)
Table 24 Electric Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Units)
Table 25 Electric Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Units)
Table 26 Electro Hydraulics Market for Off-Highway Equipment, by Propulsion, 2021-2024 (Units)
Table 27 Electro Hydraulics Market for Off-Highway Equipment, by Propulsion, 2025-2032 (Units)
Table 28 Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2021-2024 (Units)
Table 29 Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2025-2032 (Units)
Table 30 Excavators: Electro Hydraulics Market for Off-Highway Equipment, By Region, 2021-2024 (Units)
Table 31 Excavators: Electro Hydraulics Market for Off-Highway Equipment, By Region, 2025-2032 (Units)
Table 32 Wheel Loaders & Skid Steer Loaders: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Units)
Table 33 Wheel Loaders & Skid Steer Loaders: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Units)
Table 34 Agricultural Tractors: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Units)
Table 35 Agricultural Tractors: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Units)
Table 36 Backhoe Loaders: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Units)
Table 37 Backhoe Loaders: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Units)
Table 38 Electro Hydraulics Market for Off-Highway Equipment, by Component, 2021-2024 (Thousand Units)
Table 39 Electro Hydraulics Market for Off-Highway Equipment, by Component, 2025-2032 (Thousand Units)
Table 40 Hydraulic Pumps: Electro-Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Thousand Units)
Table 41 Hydraulic Pumps: Electro-Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Thousand Units)
Table 42 Control Valves: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Thousand Units)
Table 43 Control Valves: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Units)
Table 44 Electric Motors: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Thousand Units)
Table 45 Electric Motors: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Thousand Units)
Table 46 Hydraulic Cylinders: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Thousand Units)
Table 47 Hydraulic Cylinders: Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Thousand Units)
Table 48 Sensors: Electro Hydraulics Market for Off-Highway Equipment, By Region, 2021-2024 (Thousand Units)
Table 49 Sensors: Electro Hydraulics Market for Off-Highway Equipment, By Region, 2025-2032 (Thousand Units)
Table 50 Electronic Control Unit (Ecu): Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Thousand Units)
Table 51 Electronic Control Unit (Ecu): Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Thousand Units)
Table 52 Programmable Logic Controller (Plc): Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Thousand Units)
Table 53 Programmable Logic Controller (Plc): Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Thousand Units)
Table 54 Electro Hydraulics Market for Forklifts, by Component, 2021-2024 (Thousand Units)
Table 55 Electro Hydraulics Market for Forklifts, by Component, 2025-2032 (Thousand Units)
Table 56 Hydraulic Pumps: Electro Hydraulics Market for Forklifts, by Region, 2021-2024 (Thousand Units)
Table 57 Hydraulic Pumps: Electro Hydraulics Market for Forklifts, by Region, 2025-2032 (Thousand Units)
Table 58 Control Valves: Electro Hydraulics Market for Forklifts, by Region, 2021-2024 (Thousand Units)
Table 59 Control Valves: Electro Hydraulics Market for Forklifts, by Region, 2025-2032 (Thousand Units)
Table 60 Electric Motors: Electro Hydraulics Market for Forklifts, by Region, 2021-2024 (Thousand Units)
Table 61 Electric Motors: Electro Hydraulics Market for Forklifts, by Region, 2025-2032 (Thousand Units)
Table 62 Hydraulic Cylinders: Electro Hydraulics Market for Forklifts, By Region, 2021-2024 (Thousand Units)
Table 63 Hydraulic Cylinders: Electro Hydraulics Market for Forklifts, By Region, 2025-2032 (Thousand Units)
Table 64 Sensors: Electro Hydraulics Market for Forklifts, by Region, 2021-2024 (Thousand Units)
Table 65 Sensors: Electro Hydraulics Market for Forklifts, by Region, 2025-2032 (Thousand Units)
Table 66 Electronic Control Unit (Ecu): Electro-Hydraulics Market for Forklifts, by Region, 2021-2024 (Thousand Units)
Table 67 Electronic Control Unit (Ecu): Electro-Hydraulics Market for Forklifts, by Region, 2025-2032 (Thousand Units)
Table 68 Programmable Logic Controller (Plc): Electro Hydraulics Market for Forklifts, by Region, 2021-2024 (Thousand Units)
Table 69 Programmable Logic Controller (Plc): Electro Hydraulics Market for Forklifts, by Region, 2025-2032 (Thousand Units)
Table 70 Electro Hydraulics Market for Off-Highway Equipment, by Region, 2021-2024 (Units)
Table 71 Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025-2032 (Units)
Table 72 Asia-Pacific: Electro Hydraulics Market for Off-Highway Equipment, By Country/Region, 2021-2024 (Units)
Table 73 Asia-Pacific: Electro Hydraulics Market for Off-Highway Equipment, By Country/Region, 2025-2032 (Units)
Table 74 China: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 75 China: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 76 India: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 77 India: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 78 Japan: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 79 Japan: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 80 Rest of Asia-Pacific: Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2021-2024 (Units)
Table 81 Rest of Asia-Pacific: Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2025-2032 (Units)
Table 82 Europe: Electro Hydraulics Market for Off-Highway Equipment, By Country/Region, 2021-2024 (Units)
Table 83 Europe: Electro Hydraulics Market for Off-Highway Equipment, By Country/Region, 2025-2032 (Units)
Table 84 Germany: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 85 Germany: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 86 France: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 87 France: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 88 Spain: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 89 Spain: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 90 Uk: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 91 Uk: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 92 Rest of Europe: Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2021-2024 (Units)
Table 93 Rest of Europe: Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2025-2032 (Units)
Table 94 Americas: Electro Hydraulics Market for Off-Highway Equipment, By Country, 2021-2024 (Units)
Table 95 Americas: Electro Hydraulics Market for Off-Highway Equipment, By Country, 2025-2032 (Units)
Table 96 Us: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 97 Us: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 98 Canada: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 99 Canada: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 100 Mexico: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 101 Mexico: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 102 Brazil: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2021-2024 (Units)
Table 103 Brazil: Electro Hydraulics Market for Off-Highway Equipment, By Equipment Type, 2025-2032 (Units)
Table 104 Key Player Strategies/Right to Win, 2021-2025
Table 105 Region Footprint
Table 106 Type Footprint
Table 107 Component Footprint
Table 108 Equipment Type Footprint
Table 109 Off-Highway Equipment Models Equipped with Electrohydraulic Systems
Table 110 Key Suppliers of Electrohydraulic Components
Table 111 Electro Hydraulics Market for Off-Highway Equipment: Product Launches/Developments, June 2021- March 2025
Table 112 Electro Hydraulics Market for Off-Highway Equipment: Deals, June 2021-March 2025
Table 113 Electro Hydraulics Market for Off-Highway Equipment: Expansion, June 2021-March 2025
Table 114 Electro Hydraulics Market for Off-Highway Equipment: Other Developments, June 2021-March 2025
Table 115 Bosch Rexroth Ag: Company Overview
Table 116 Bosch Rexroth Ag: Products Offered
Table 117 Bosch Rexroth Ag: Product Launches/Developments
Table 118 Bosch Rexroth Ag: Deals
Table 119 Bosch Rexroth Ag: Expansion
Table 120 Danfoss: Company Overview
Table 121 Danfoss: Products Offered
Table 122 Danfoss: Deals
Table 123 Danfoss: Expansion
Table 124 Parker Hannifin Corp: Company Overview
Table 125 Parker Hannifin Corp: Products Offered
Table 126 Parker Hannifin Corp: Product Launches/Developments
Table 127 Parker Hannifin Corp: Deals
Table 128 Parker Hannifin Corp: Expansion
Table 129 Ab Volvo: Company Overview
Table 130 Ab Volvo: Products Offered
Table 131 Ab Volvo: Product Launches/Developments
Table 132 Ab Volvo: Deals
Table 133 Nott Company: Company Overview
Table 134 Nott Company: Products Offered
Table 135 Nott Company: Product Launches/Developments
Table 136 Nott Company: Deals
Table 137 Nott Company: Expansion
Table 138 Nott Company: Other Developments
Table 139 Poclain: Company Overview
Table 140 Poclain: Products Offered
Table 141 Poclain: Product Launches/Developments
Table 142 Poclain: Expansion
Table 143 Walvoil S.P.A.: Company Overview
Table 144 Walvoil S.P.A.: Products Offered
Table 145 Walvoil S.P.A.: Product Launches/Developments
Table 146 Walvoil S.P.A.: Expansion
Table 147 Lhy Powertrain GmbH & Co. Kg.: Company Overview
Table 148 Lhy Powertrain GmbH & Co. Kg.: Products Offered
Table 149 Lhy Powertrain GmbH & Co. Kg.: Product Launches/Developments
Table 150 Power-Packer Europa B.V.: Company Overview
Table 151 Power-Packer Europa B.V.: Products Offered
Table 152 Kawasaki Precision Machinery Ltd: Company Overview
Table 153 Kawasaki Precision Machinery Ltd: Products Offered
Table 154 Hydac International GmbH: Company Overview
Table 155 Hawe Hydraulik Se: Company Overview
Table 156 Bucher Hydraulics: Company Overview
Table 157 Helios Technologies: Company Overview
Table 158 Kyb Corporation: Company Overview
Table 159 Husco International, Inc.: Company Overview
Table 160 Delta Power Company: Company Overview
Table 161 Argo-Hytos Group Ag: Company Overview
Table 162 Yuken Kogyo Co., Ltd.: Company Overview
Table 163 Jiangsu Hengli Hydraulic Co., Ltd.: Company Overview
List of Figures
Figure 1 Research Design
Figure 2 Research Methodology Model
Figure 3 Breakdown of Primary Interviews
Figure 4 Research Methodology: Hypothesis Building
Figure 5 Bottom-Up Approach for Electro Hydraulics Market for Off-Highway Equipment (By Equipment Type, Component Type, Country Level, and Region)
Figure 6 Data Triangulation
Figure 7 Demand- and Supply-Side Factor Analysis
Figure 8 Electro Hydraulics Market for Off-Highway Equipment Overview
Figure 9 Electro Hydraulics Market for Off-Highway Equipment, by Region, 2025 Vs. 2032 (Units)
Figure 10 Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2025 Vs. 2032 (Units)
Figure 11 Increasing Demand for Fuel Efficiency, Precision, and Energy Savings in Off-Highway Equipment to Drive Market
Figure 12 Excavators Segment to Lead Market During Forecast Period
Figure 13 Control Valves Segment to Lead Market During Forecast Period
Figure 14 Conventional Segment to Account for Larger Share Than Electric Segment During Forecast Period
Figure 15 Ice Segment to Lead Market During Forecast Period
Figure 16 Control Valves Segment to Lead Market During Forecast Period
Figure 17 Europe to be Dominant Region During Forecast Period
Figure 18 Electro Hydraulics Market for Off-Highway Equipment: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Construction Equipment: Ice Vs. Electric, 2025 (Units)
Figure 20 Compact Construction Equipment: Ice Vs. Electric, 2025 (Units)
Figure 21 Agricultural Tractors: Ice Vs. Electric, 2025 (Units)
Figure 22 Forklifts: Ice Vs. Electric, 2025 (Units)
Figure 23 Mining Equipment: Ice Vs. Electric, 2025 (Units)
Figure 24 Trends and Disruptions Impacting Customer Business
Figure 25 Average Selling Price of Electrohydraulic Components, 2024 (USD)
Figure 26 Average Selling Price of Key Components of Electrohydraulic Systems, by Region, 2024 (USD)
Figure 27 Electro Hydraulics Market for Off-Highway Equipment Ecosystem
Figure 28 Ecosystem Analysis
Figure 29 Supply Chain Analysis
Figure 30 Patents Granted, 2013-2024
Figure 31 Investment & Funding Scenario, 2021-2025 (USD Billion)
Figure 32 Influence of Stakeholders on Buying Process, by Type
Figure 33 Key Buying Criteria for Hydraulic Systems, by Type
Figure 34 Sales and Percentage Adoption of Electro Hydraulics in Off-Highway Equipment
Figure 35 Hydraulics Market for Off-Highway Equipment, by Type, 2025 Vs. 2032 (Units)
Figure 36 Electro Hydraulics Market, by Propulsion, 2025 Vs. 2032 (Units)
Figure 37 Electro Hydraulics Market for Off-Highway Equipment, by Equipment Type, 2025 Vs. 2032 (Units)
Figure 38 Electro Hydraulics Market for Off-Highway Equipment, by Component, 2025 Vs. 2032 (Thousand Units)
Figure 39 Electro Hydraulics Market for Forklifts, by Component, 2025 Vs. 2032 (Thousand Units)
Figure 40 Europe to Lead Market During Forecast Period
Figure 41 Asia-Pacific: Real Gdp Growth Rate, by Country, 2024-2026
Figure 42 Asia-Pacific: Gdp Per Capita, by Country, 2024-2026 (USD)
Figure 43 Asia-Pacific: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 44 Asia-Pacific: Manufacturing Industry's Contribution to Gdp, 2024 (USD Trillion)
Figure 45 Asia-Pacific: Electro Hydraulics Market for Off-Highway Equipment, by Country/Region, 2025 Vs. 2032 (Units)
Figure 46 Europe: Real Gdp Growth Rate, by Country, 2024-2026
Figure 47 Europe: Gdp Per Capita, by Country, 2024-2026
Figure 48 Europe: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 49 Europe: Manufacturing Industry's Contribution to Gdp, 2024 (USD Trillion)
Figure 50 Europe: Electro Hydraulics Market for Off-Highway Equipment Snapshot
Figure 51 Americas: Real Gdp Growth Rate, by Country, 2024-2026
Figure 52 Americas: Gdp Per Capita, by Country, 2024-2026 (USD)
Figure 53 Americas: Inflation Rate Average Consumer Prices, by Country, 2024-2026
Figure 54 Americas: Manufacturing Industry's Contribution to Gdp, 2024 (USD Trillion)
Figure 55 Americas: Electro Hydraulics Market Snapshot
Figure 56 Market Ranking of Manufacturers of Key Electro Hydraulics, 2024
Figure 57 Revenue Analysis of Top Five Players, 2020-2024 (USD Billion)
Figure 58 Electro Hydraulics Market for Off-Highway Equipment: Company Evaluation Matrix (Key Players), 2024
Figure 59 Company Footprint
Figure 60 Company Valuation, 2024 (USD Billion)
Figure 61 Financial Metrics, 2024
Figure 62 Brand/Product Comparison
Figure 63 Bosch Rexroth Ag.: Company Snapshot
Figure 64 Danfoss: Company Snapshot
Figure 65 Parker Hannifin Corp: Company Snapshot
Figure 66 Ab Volvo: Company Snapshot