Mobile Hydraulic Equipment Market Report 2026

The mobile hydraulic equipment market size has grown strongly in recent years. It will grow from $18.72 billion in 2025 to $19.87 billion in 2026 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to expansion of construction and infrastructure projects, growth in agricultural mechanization, increased use of hydraulic machinery in mining, rising adoption of material handling equipment, availability of advanced hydraulic components.

The mobile hydraulic equipment market size is expected to see strong growth in the next few years. It will grow to $24.92 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing demand for autonomous hydraulic machinery, rising focus on emission reduction in heavy equipment, expansion of smart construction sites, growing integration of digital monitoring systems, increasing investments in electrified hydraulic solutions. Major trends in the forecast period include increasing adoption of smart hydraulic control systems, rising demand for energy-efficient hydraulic equipment, growing integration of electro-hydraulic technologies, expansion of compact and high-performance hydraulic machinery, enhanced focus on predictive maintenance solutions.

The growth of agricultural mechanization is expected to drive the expansion of the mobile hydraulic equipment market in the near future. Agricultural mechanization involves using machinery and equipment to carry out tasks such as plowing, planting, harvesting, and irrigation, which reduces dependence on manual labor and boosts farm productivity. This rise in mechanization is largely due to labor shortages caused by rural-to-urban migration, encouraging farmers to adopt machinery for timely and efficient farming operations. Mobile hydraulic equipment plays a key role in agricultural mechanization by enabling machines like tractors and harvesters to perform functions such as lifting, steering, and power transfer effectively. For example, in May 2024, the Association of Equipment Manufacturers (AEM), a U.S.-based trade association, reported continued growth in unit sales of tractors with 100+ horsepower in the U.S., with sales in April 2024 increasing by 7.2% year-over-year, following a 3.2% rise in March 2024. Therefore, the expansion of agricultural mechanization is propelling the growth of the mobile hydraulic equipment market.

Companies in the mobile hydraulics equipment sector are focusing on innovative technologies like self-propelled inloaders to improve lifting efficiency, operator safety, and automation in material handling. Self-propelled inloaders are specialized transport vehicles equipped with integrated hydraulic systems and lifting mechanisms that enable autonomous loading, transporting, and unloading of heavy or oversized cargo without external handling equipment. For instance, in June 2025, Combilift, an Ireland-based material-handling equipment company, introduced the COMBi-SPI self-propelled inloader featuring heavy-duty hydraulic cylinders capable of safely lifting up to 30 tons. This equipment facilitates the efficient transport of large, cumbersome items such as precast concrete and wall panels, accelerating onsite material handling. By integrating advanced hydraulics, the inloader delivers precise load control and strong operational safety for demanding construction environments.

In January 2025, Tadano Ltd., a Japan-based manufacturer of hydraulic mobile cranes, acquired Manitex International Inc. for $223 million. Through this acquisition, Tadano Ltd. aims to strengthen its presence in the North American lifting equipment market and broaden its product range by incorporating Manitex’s specialized boom trucks and lifting solutions. Manitex International Inc., based in the U.S., specializes in manufacturing mobile hydraulic equipment, including mobile truck cranes.

Major companies operating in the mobile hydraulic equipment market are Robert Bosch GmbH, Caterpillar Inc., Komatsu Ltd., CNH Industrial N.V., Larsen & Toubro Limited, Eaton Corporation PLC, Parker Hannifin Corporation, Doosan Infracore, Liebherr Group, Hitachi Construction Machinery Co Ltd., Sumitomo Heavy Industries Ltd., Bobcat company, J.C. Bamford Excavators Limited, KYB Corporation, Tadano Ltd., Haulotte Group SA, Enerpac Tool Group Coporation, Weber-Hydraulik GmbH, Hydac Internation GmbH, Halmatro, Schramm Inc., and Mahindra Construction Equipment.

North America was the largest region in the mobile hydraulic equipment market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile hydraulic equipment market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the mobile hydraulic equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The mobile hydraulic equipment market consists of sales of hydraulic excavators, wheel loaders, and hydraulic cranes. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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