Hydraulic Power Unit Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Construction and Manufacturing | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC420


A hydraulic power unit (HPU) is a main driving component of hydraulic system. It is used to transmit, control, and distribute energy from a pressurized liquid. These hydraulic power units are utilized in applications that require systematic and heavy lifting or operations that need continuous use of a directional and powerful force.

Market Dynamics

Factors such as increasing population and high living standards in developing economies have led to a boost in energy and infrastructural demands. Growth of manufacturing business has led to boost in hydraulic power unit market. Owing to the rise in construction activities, the demand for hydraulic power unit (HPU) is high in developing economies such as China and Indonesia. Hydraulic power unit is used and installed in both industrial and mobile applications. The Middle East region also presents a potential market for hydraulic power units owing to construction activities in the region for various international events such as FIFA World Cup in Qatar in 2022 and World Expo in Dubai in 2020. In the present scenario, the mobile application dominates the market due to large and continuous increment in the U.S. industrial and construction production activities. Industrial applications, such as the use of hydraulic power unit in hydraulic presses, for stamping in automotive industry, formation of solar panel, wind turbines, and others occur as the second largest market; thereby this application is expected to witness slow growth rate during the forecast period.

Market Classification

Hydraulic power units are composed of numerous vital elements, such as hydraulic motors, hydraulic pumps, and accumulators. They also include accessories such as valves, tubes, filters, regulators, and instruments that regulate the performance of hydraulic power units. Hydraulic power units are used in numerous industrial, mobile, and several intermittent applications that include construction equipment, rolling mill machinery, aerospace test equipment, paper mill machinery, material handling, government and military, theatrical and production equipment, oil spill clean-up equipment, automation, mobile equipment, agricultural equipment, industrial processes, meat processing machinery, oilfields, machine tools, and marine equipment. The varied applications of hydraulic power unit include machine tools, presses, saws, computerized numerical control (CNC), and lifts among others. The major consumers of hydraulic power unit (HPU) include industries such as agriculture, construction, truck & bus, and industrial machineries. These are also used in various construction equipments such as crushers, fork lifters, excavators and cranes among others.

Regional Overview

The hydraulic power unit market has been divided on the basis of geography into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The North America is the dominant market for hydraulic power units and is expected to maintain its position throughout the forecast period. The European market is expected to display slow growth due to the matured state of construction industry in the region. The Asia-Pacific is expected to witness fastest growth by 2024 owing to the rise in construction activities, rapid industrial growth, and increased industrial investments. The growing demand for higher agricultural output, rise in housing developments, and numerous upcoming infrastructure projects are expected to drive the hydraulic power unit market growth in Asia-Pacific region.

In the Latin American and African market, the market is expected to grow owing to increasing applications of hydraulic power units in oilfield operations, material handling, and construction equipment. These regions are expected to witness high growth owing to high living standards, surge in oil exploration activities, demand for better housing facilities, and increasing pressure on agricultural outputs.

Report Coverage


Global Hydraulic Power Unit Market

Analysis Period

2014 – 2024

Historic Data

2014 – 2015

Base Year


Forecast Data

2017 – 2024

Market Stratification

Component, Application, End Use Industry, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis,

Player Profiling, Value Chain Analysis



Market Participants

The major key players in this market include Parker Hannifin Corporation; Bosch Rexroth AG; Brevini Fluid Power S.p.A; Nachi-Fujikoshi Corporation, Hydac International GmbH, and Weber Hydraulik GmbH among others.

Market Segmentation

Market By Components

·         Hydraulic motors

·         Hydraulic pumps

·         Accumulators

·         Accessories (valves, tubes, filters, regulators, and instruments)

Market By Application

·         Industrial

·         Mobile

·         Intermittent applications

Market By End Use Industry

·         Agriculture

·         Construction

·         Truck & bus

·         Industrial machineries

·         Others

Market By Geography

·         North America

o   US

o   Canada

o   Mexico

·         Europe

o   UK

o   Germany

o   France

o   Rest of Europe

·         Asia-Pacific

o   China

o   Japan

o   India

o   Australia

o   Rest of Asia-Pacific

·         Latin America

o    Brazil

o   Chile

o   Rest of Latin America

·         Middle East and Africa (MEA)

o   South Africa

o   Saudi Arabia

o   Rest of MEA

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