Hydraulic Power Unit Market Size

Hydraulic Power Unit Market size was valued at USD 13.75 billion in 2024 and is likely to cross USD 27.92 billion by 2037, registering more than 5.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of hydraulic power unit is estimated at USD 14.37 billion.

HPUs are essential components in industrial automation and manufacturing processes. As industries continue to automate their operations for increased efficiency and precision, the demand for HPUs to power hydraulic machinery and equipment used in these processes increases.

Hydraulic systems are integral to modern agricultural machinery, including tractors, combines, and sprayers. As agriculture becomes more mechanized and technologically advanced, the demand for these machines and the HPUs that power them increases. Hydraulic systems provide the power needed to raise, lower, and move heavy components of agricultural machinery. This allows for more precise control over farming operations, allowing for greater efficiency and productivity on the farm.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of hydraulic power unit is estimated at USD 14.37 billion.

The hydraulic power unit market size was valued at USD 13.75 billion in 2024 and is likely to cross USD 27.92 billion by 2037, registering more than 5.6% CAGR during the forecast period i.e., between 2025-2037. The market growth can be attributed to increasing demand from various industries such as construction, agriculture, and manufacturing, as well as technological advancements that have enabled the development of more efficient hydraulic power units.

Asia Pacific industry is expected to dominate majority revenue share of 39% by 2037, backed by increasing demand for energy, the growing population, and the presence of emerging economies that are rapidly adopting advanced technologies.

The major players in the market include Eaton Corporation, Stromag, Brevini Fluid Power S.P.A, KTI Hydraulics Inc., Tokyo Keiki U.S.A., Inc., Hydac International GmbH, Bailey International LLC, Toshiba Machine Co., Ltd., Yuci Hydraulics Co., Ltd., Nantong Zhonghai Machinery Co., Ltd.

Hydraulic Power Unit Market Size