Fluid Power Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2020-2030F

The Fluid Power Equipment Market was valued at USD 70.3 Billion in 2024, and is expected to reach USD 94.5 Billion by 2030, rising at a CAGR of 4.90%. The market's expansion is driven by the rising adoption of industrial automation and the advancement of Industry 4.0 technologies, which emphasize efficient, precise, and intelligent motion control solutions. Fluid power systems, including hydraulics and pneumatics, are widely used across sectors such as construction, automotive, food processing, and semiconductors. Additionally, the push for energy efficiency and the rapid pace of infrastructure development in emerging economies, especially across Asia-Pacific, are accelerating demand for high-performance and durable fluid power components.

Key Market Drivers

Rising Industrial Automation and Integration of Industry 4.0 Technologies

The shift toward automation and smart manufacturing is significantly propelling the demand for fluid power equipment. Industries are rapidly transitioning to automated systems to improve precision, productivity, and operational safety. Components like hydraulic pumps, pneumatic cylinders, and directional control valves are integral to these automated systems due to their ability to deliver consistent force, speed, and adaptability under challenging industrial conditions. The adoption of Industry 4.0 has further transformed traditional equipment by incorporating digital features such as IoT sensors, predictive analytics, and cloud-based control platforms. As a result, manufacturers now favor electro-hydraulic and electro-pneumatic systems that combine mechanical robustness with electronic intelligence, supporting real-time diagnostics, efficiency monitoring, and predictive maintenance to reduce downtime and enhance performance.

Key Market Challenges

High Energy Consumption and Operational Inefficiencies

A key challenge affecting the global fluid power equipment market is the relatively high energy usage and operational inefficiencies inherent in hydraulic and pneumatic systems. Compared to fully electric or mechanical systems, fluid power solutions often suffer from energy losses due to friction, leakage, throttling, and air compression inefficiencies. Hydraulic systems can lose substantial energy through heat generation, while pneumatic systems frequently waste energy through compressed air leaks. These inefficiencies increase energy bills and operational costs, especially in regions with high utility tariffs. As global industries focus more on sustainability and energy conservation, these drawbacks make fluid systems less favorable unless complemented by advanced control mechanisms and energy-efficient designs.

Key Market Trends

Integration of Smart Technologies and Digitalization

A growing trend in the fluid power equipment industry is the adoption of smart technologies to enhance system intelligence, reliability, and efficiency. The integration of IoT, AI, and machine learning into traditional hydraulic and pneumatic systems is reshaping the way equipment is monitored and maintained. Embedded sensors in pumps, valves, and actuators now collect real-time operational data on parameters like pressure, flow, and temperature. This data is transmitted to centralized or cloud-based platforms, enabling remote diagnostics, predictive maintenance, and performance optimization. Such smart solutions are helping industries extend the lifespan of their systems, reduce unexpected failures, and increase operational uptime, aligning fluid power technology with the broader goals of digital transformation.

Key Market Players

• Parker Hannifin Corporation
• Eaton Corporation plc
• Bosch Rexroth AG
• SMC Corporation
• HYDAC International GmbH
• Daikin Industries, Ltd.
• Festo SE & Co. KG
• Moog Inc.

Report Scope:

In this report, the Global Fluid Power Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Fluid Power Equipment Market, By Component:

• Pumps
• Motors
• Valves
• Cylinder
• Steel Tube & Compression Fitting
• Accumulators
• Accessories
• Others

Fluid Power Equipment Market, By Application:

• Construction
• Automotive
• Oil & Gas
• Food Processing
• Packaging
• Semiconductor
• Others

Fluid Power Equipment Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• South America
• Brazil
• Colombia
• Argentina
• Middle East & Africa
• Saudi Arabia
• UAE
• South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Fluid Power Equipment Market.

Available Customizations

With the given market data, the publisher offers customizations according to a company's specific needs. The following customization options are available for the report.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.