Mobile Hydraulic Equipment Market Report 2025

The mobile hydraulic equipment market size has grown strongly in recent years. It will grow from $17.62 billion in 2024 to $18.72 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth during the historic period can be attributed to the rising adoption of tractors and harvesters, expansion within the construction sector, growth in the mining industry, increased use of factory equipment and logistics machinery, growth in forestry machinery, and government-led infrastructure initiatives.

The mobile hydraulic equipment market size is expected to see strong growth in the next few years. It will grow to $23.57 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The projected growth during the forecast period can be attributed to smart city infrastructure developments, increasing demand for energy-efficient machinery, the expansion of renewable energy projects, rising automation in agriculture and mining, growing demand in developing countries, and enhanced funding for disaster response equipment. Key trends anticipated in this period include electro-hydraulic integration, digital hydraulic systems, remote telematics and fleet monitoring, AI-driven predictive maintenance tools, and technologies focused on noise and vibration reduction.

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 players 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 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in mobile hydraulic equipment report are Asia-Pacific, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The accelerated imposition of U.S. tariffs and the emerging trade conflicts in spring 2025 are significantly influencing the food and beverage sector by raising the costs for imported ingredients including olive oil, cheese, and tropical fruits, forcing food brands to reformulate products or accept lower margins. Beverage makers face similar pressures, with aluminum can tariffs increasing packaging expenses. Retaliatory tariffs on U.S. agricultural exports (e.g., soybeans, pork) have also disrupted farm-to-processing supply chains. Companies are reformulating recipes, sourcing locally where possible, and hedging commodity purchases to manage volatility.

Mobile hydraulic equipment refers to self-propelled or portable machinery that employs hydraulic power systems to generate, control, and transmit force via pressurized fluids to perform mechanical tasks. This equipment is commonly used in sectors like construction, agriculture, mining, and material handling to lift, move, dig, or manipulate heavy loads with accuracy and efficiency.

The primary types of equipment within mobile hydraulic systems include hydraulic excavators, loaders, dump trucks, lifts, and compactors. Hydraulic excavators are powerful machines that use hydraulic systems to execute digging, lifting, and earth-moving tasks with precision. The range of products includes valves, transmissions, motors, pumps, and others, distributed through various channels such as direct sales, online platforms, and distributors or wholesalers. These machines are utilized in diverse applications including construction vehicles, agricultural machinery, forestry equipment, and more, serving end users across industries like material handling, construction, oil and gas, mining, and agriculture.

The mobile hydraulic equipment market research report is one of a series of new reports that provides mobile hydraulic equipment market statistics, including mobile hydraulic equipment industry global market size, regional shares, competitors with a mobile hydraulic equipment market share, detailed mobile hydraulic equipment market segments, market trends and opportunities, and any further data you may need to thrive in the mobile hydraulic equipment industry. The mobile hydraulic equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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 and 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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