Electrohydraulic Pump Market Size

The global electrohydraulic pump market size was valued at $1.10 billion in 2024 and is projected to reach $1.63 billion by 2030, growing at a CAGR of 6.8% during the forecast period.

Electrohydraulic Pump Market Overview 

Electrohydraulic pumps bridge the gap between electrical and hydraulic power, utilizing an electric motor to drive a hydraulic pump and generate pressurized fluid. This fluid creates potent mechanical force that can be harnessed for diverse applications. A sophisticated control system ensures optimal performance and precision. By converting mechanical energy into fluid power, the pump unlocks a range of applications, from lifting heavy loads in construction equipment to powering hydraulic splitters. Across industries like construction, manufacturing, and automotive, electrohydraulic pumps excel in scenarios demanding both precise control and high force output. Their efficient and reliable power transmission empowers hydraulic systems with smooth and accurate movements. In essence, these pumps serve as the vital link, transforming electrical energy into the muscle that drives hydraulic machinery and equipment, ensuring their effective and seamless operation.

Electrohydraulic Pump Market Dynamics 

• The electrohydraulic pump market is expected to witness significant growth in the future due to rising demand for high-performance hydraulic systems and increasing automation and digitization in industrial processes.

• Additionally, increasing awareness about electrohydraulic pump and technology advancements are the prominent factors driving the growth of the market.

• However, high prices and complex structures are restraining the market growth.

• On the contrary, expansion of the automotive industry, increasing focus on precision and control in manufacturing processes, and increasing focus on energy efficiency are creating opportunities for market growth.

By End User, Electric Power Steering Segment to Hold Major Share in the Electrohydraulic Pump Market

The Electric power steering segment is expected to hold significant share in the electrohydraulic pump market during the forecast period owing to its increased use in the automobile sector. This advanced technology benefits both automobiles and drivers. EPS increases fuel efficiency, eliminates hazardous pollutants, and gives a more comfortable driving experience. It eliminates the need for bulky hydraulic systems, making vehicles lighter and more efficient. EPS also provides advanced safety features such as lane-keeping assistance and adaptive cruise control, making it a popular and sought-after choice in the car industry.

By Geography, North America is expected to have the highest CAGR during the forecast period

The North America is experiencing strong growth rate during the forecast period due to the existence of a vast variety of end-user industries, including construction, mining, manufacturing, automotive, and the oil and gas industry across the region. These industries use electrohydraulic pumps for a wide range of applications, such as driving machinery, controlling valves, and powering actuators. Hydraulic pumps are used in practically every manufacturing and technological application, including railway engineering, chemical process plants, power and environmental engineering, automotive engineering, plastics processing, special projects, and water engineering transportation.

Key Target Audience: 

• Raw Material Suppliers

• Electrohydraulic Pump Manufacturers

• Distributors and Value-Added Resellers (VARs)

• Regulatory Bodies

List of the Key Players Profiled in the Report Includes:

• Bosch Rexroth AG

• Bucher Hydraulics

• Parker Hannifin Corporation

• HAWE Hydraulik

• Eaton Corporation PLC

• Interpump Group

• Moog Inc.

• Hydro-Line

• Danfoss Power Solutions

• Duplomatic Toselli

• Enerpac Tool Group

• Linde Hydraulics

• Tolomatic

Recent Developments: 

• In January 2024, Parker has introduced the NX8M series, a groundbreaking addition to its lineup of high-performance mobile motors. This low-voltage permanent magnet AC (PMAC) motor offers a cost-efficient and smooth solution for electro-hydraulic pumps. Specifically designed to cater to the distinct requirements of compact construction vehicles such as mini excavators, compact wheel loaders, and dump trucks, the NX8M series ensures seamless integration and optimal performance.

Market Segmentation: 

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type: 

• Axial Piston Pumps

• Vane Pumps

• Gear Pumps

• Clutch Pumps

• Dump Pump

• Refused Pump

Market by, Application: 

• Industrial Machinery

• Mobile Equipment

• Aerospace and Defense

• Construction

• Agriculture

• Automotive

• Marine

Market by, End User: 

• Electric Power Steering

• Electro-Hydraulic System and Circuits 

Market by, Geography: 

The electrohydraulic pump market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis

• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis

• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis

• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis

• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

Scope of the Report:

The report oGlobal Electrohydraulic Pump Market: Industry Analysis, Opportunities and Forecast up to 2030o by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2022, 2023 and offers revenue estimations for 2024, and project forecasts spanning from 2025 to 2030. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.

The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

The report offers insights into the following aspects:

• Analysis of major market trends, factors driving, restraining, threatening, and providing opportunities for the market.

• Analysis of the market structure by identifying various segments and sub-segments of the market.

• Understand the revenue forecast of the market for North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

• Analysis of opportunities by identification of high-growth segments/revenue pockets in the market.

• Understand major player profiles in the market and analyze their business strategies.

• Understand competitive developments such as joint ventures, alliances, mergers and acquisitions, and new product launches in the market.