Asia Pacific Hydraulic Pumps Market Forecast to 2030

At 4.9% CAGR, Asia Pacific Hydraulic Pumps Market is Speculated to be Worth US$ 6,009.28 Million by 2030, says the Research Team

According to the Research Team’ research, the Asia Pacific hydraulic pumps market was valued at US$ 4,086.91 million in 2022 and is expected to reach US$ 6,009.28 million by 2030, registering a CAGR of 4.9% from 2022 to 2030. Growing demand from automotive industry and growing wastewater treatment projects are among the critical factors attributed to drive the Asia Pacific hydraulic pumps market growth.

Hydraulic pumps are highly used in industries such as aerospace, construction, agriculture, and automotive for lifting heavy loads. The expansion of these industries is creating a demand for hydraulic pumps among users. The automotive industry extensively uses hydraulic pumps in numerous applications, such as brakes, power steering, and transmission systems. Hydraulic pumps are used to make easier and comfortable for the driver to steer when driving. Hydraulic pumps are widely used in automobiles for energy production and vehicle propulsion. The market is growing due to the recent trend of electric vehicles (EVs) and the increasing use of robots in automotive manufacturing. For instance, according to the International Energy Agency (IEA), electric vehicle sales increased by 10 million in 2022. Approximately 14% of all new cars sold across the globe were electric. The increasing sales of electric cars globally raise the adoption of hydraulic pumps among automotive manufacturers. Hydraulic pumps are used in advanced braking systems in electric vehicles. Hydraulically operated brakes can deploy quickly and are much more responsive than electric brakes, which increases their adoption among consumers.

Hydraulic pumps are demanded by automotive users to provide rapid response needed when the brake pedal is depressed and slowing down the vehicles speed. The pumps also support the driver to regulate the ABS and power steering systems. Hydraulic pumps improve vehicles’ performance, range, and overall energy usage, enabling faster response times and better power distribution by reducing the load on the battery, which increases their demand among consumers

On the contrary, high cost and complexities associated with hydraulic pumps hurdle the growth of Asia Pacific hydraulic pumps market.

Based on type, the Asia Pacific hydraulic pumps market is segmented into gear pump, piston pump, and vane pump. The gear pump segment held 54.1% market share in 2022, amassing US$ 2,210.25 million. It is projected to garner US$ 3,426.33 million by 2030 to register 5.6% CAGR during 2022-2030.

In terms of application, the Asia Pacific hydraulic pumps market is segmented into construction, commercial vehicles, agriculture vehicles, aerospace, and others. The construction segment held 34.0% share of Asia Pacific hydraulic pumps market in 2022, amassing US$ 1,387.90 million. It is anticipated to garner US$ 2,287.47 million by 2030 to expand at 6.4% CAGR during 2022-2030.

Based on country, the Asia Pacific hydraulic pumps market is categorized into China, Japan, Australia, India, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 29.1% share of Asia Pacific hydraulic pumps market in 2022. It was assessed at US$ 1,188.88 million in 2022 and is likely to hit US$ 1,903.98 million by 2030, registering a CAGR of 6.1% during 2022-2030.

Key players operating in the Asia Pacific hydraulic pumps market are Bosch Rexroth Ltd, Danfoss LLC, Linde Hydraulics GmbH & Co KG, Dynamatic Technologies Ltd, HYDAC International GmbH, Parker Hannifin Corp, Kawasaki Heavy Industries Ltd, Daikin Industries Ltd, and Bucher Hydraulics GmbH, among others.

In 2023, Danfoss Power Solutions has introduced the latest in its H1 series of pumps and motors, the new H1F fixed-displacement bent-axis hydraulic motor. The new motor is designed for both open- and closed-circuit applications in agricultural, construction, and forestry machines.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific hydraulic pumps market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific hydraulic pumps market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific hydraulic pumps market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Hydraulic Pumps Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. Asia Pacific Hydraulic Pumps Market – Key Industry Dynamics
5.1 Hydraulic Pumps Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Increasing Mining Projects
5.2.2 Growing Demand from Automotive Industry
5.2.3 Increasing Demand for Digital Pumps
5.3 Market Restraints
5.3.1 High Cost and Complexities Associated with Hydraulic Pumps
5.4 Market Opportunities
5.4.1 Government Initiatives for Infrastructure Development
5.5 Future Trends
5.5.1 Growing Wastewater Treatment Projects
5.6 Impact of Drivers and Restraints:
6. Hydraulic Pumps Market – Asia Pacific Market Analysis
6.1 Hydraulic Pumps Market Revenue (US$ Million), 2022 – 2030
6.2 Hydraulic Pumps Market Forecast and Analysis
7. Asia Pacific Hydraulic Pumps Market Analysis – Type
7.1 Gear Pump
7.1.1 Overview
7.1.2 Gear Pump Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Piston Pump
7.2.1 Overview
7.2.2 Piston Pump Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Vane Pump
7.3.1 Overview
7.3.2 Vane Pump Market, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Hydraulic Pumps Market Analysis – Application
8.1 Construction
8.1.1 Overview
8.1.2 Construction Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Commercial Vehicle
8.2.1 Overview
8.2.2 Commercial Vehicle Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Agriculture Vehicle
8.3.1 Overview
8.3.2 Agriculture Vehicle Market Revenue, and Forecast to 2030 (US$ Million)
8.4 Aircraft
8.4.1 Overview
8.4.2 Aircraft Market Revenue, and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
9. Asia Pacific Hydraulic Pumps Market – Country Analysis
9.1 Asia Pacific
9.1.1 Asia Pacific Hydraulic Pumps Market Overview
9.1.2 Asia Pacific Hydraulic Pumps Market Revenue and Forecasts and Analysis – By Country
9.1.2.1 Asia Pacific Hydraulic Pumps Market Revenue and Forecasts and Analysis – By Country
9.1.2.2 China Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.1 China Hydraulic Pumps Market Breakdown by Type
9.1.2.2.2 China Hydraulic Pumps Market Breakdown by Application
9.1.2.3 Japan Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.1 Japan Hydraulic Pumps Market Breakdown by Type
9.1.2.3.2 Japan Hydraulic Pumps Market Breakdown by Application
9.1.2.4 South Korea Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.4.1 South Korea Hydraulic Pumps Market Breakdown by Type
9.1.2.4.2 South Korea Hydraulic Pumps Market Breakdown by Application
9.1.2.5 India Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.5.1 India Hydraulic Pumps Market Breakdown by Type
9.1.2.5.2 India Hydraulic Pumps Market Breakdown by Application
9.1.2.6 Australia Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.6.1 Australia Hydraulic Pumps Market Breakdown by Type
9.1.2.6.2 Australia Hydraulic Pumps Market Breakdown by Application
9.1.2.7 Rest of Asia Pacific Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.7.1 Rest of Asia Pacific Hydraulic Pumps Market Breakdown by Type
9.1.2.7.2 Rest of Asia Pacific Hydraulic Pumps Market Breakdown by Application
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions
12. Company Profiles
12.1 Bosch Rexroth Ltd
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Danfoss LLC
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Linde Hydraulics GmbH & Co KG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Dynamatic Technologies Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 HYDAC International GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Parker Hannifin Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Kawasaki Heavy Industries Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Daikin Industries Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Bucher Hydraulics GmbH
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
13. Appendix
13.1 About the the Reporting Teams
13.2 Word Index

LIST OF TABLES

Table 1. Hydraulic Pumps Market Segmentation
Table 2. Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Million) – Application
Table 5. Asia Pacific Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 6. China Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 7. Japan Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 8. Japan Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 9. South Korea Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 10. South Korea Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 11. India Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 12. India Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 13. Australia Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 14. Australia Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 15. Rest of Asia Pacific Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Type
Table 16. Rest of Asia Pacific Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn) – By Application
Table 17. Heat Map Analysis By Key Players
Table 18. List of Abbreviation

LIST OF FIGURES

Figure 1. Hydraulic Pumps Market Segmentation, By Country
Figure 2. Ecosystem: Hydraulic Pumps Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Hydraulic Pumps Market Revenue (US$ Million), 2022 – 2030
Figure 5. Hydraulic Pumps Market Share (%) – Type, 2022 and 2030
Figure 6. Gear Pump Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Piston Pump Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Vane Pump Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. Hydraulic Pumps Market Share (%) Application, 2022 and 2030
Figure 10. Construction Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. Commercial Vehicle Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Agriculture Vehicle Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Aircraft Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Asia Pacific Hydraulic Pumps Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 16. Hydraulic Pumps Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 17. China Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 18. Japan Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 19. South Korea Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. India Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. Australia Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. Rest of Asia Pacific Hydraulic Pumps Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. Company Positioning & Concentration