油圧モーターの世界市場：タイプ別、速度別、用途別、地域別、2025年～2033年

油圧モーターの世界市場規模は2024年に128億6,000万米ドルとなりました。今後、IMARC Groupは、2033年には184億米ドルに達し、2025年から2033年にかけて3.85%のCAGRを示すと予測しています。現在、アジア太平洋地域が市場を独占しており、2024年の市場シェアは39.8％を超えています。油圧モーター市場のシェアは、主に急速な工業化、建設活動の増加、農業の機械化、新興経済諸国におけるインフラ開発のための投資によるものです。

建設、農業、工業分野での需要拡大に牽引され、油圧モーターの世界市場は拡大が見込まれます。都市化やその他多くのインフラ開発プロジェクトは、建設機械に使用される油圧モーターの建設分野での受け入れを加速させ、一方、自動化に対する需要の高まりは、産業用途での利用を増加させます。機械化や効率化の要求により、油圧モーターはトラクターや収穫機、その他の農業機械への採用が増加しています。鉱業部門が急速に拡大しているため、大型機器には高トルクで長寿命のモーターが必要です。油圧システムの技術開発、特にコンパクト設計、エネルギー効率、過酷な条件下でも機能する能力には多額の投資が行われています。エネルギー効率と排出削減に重点を置く環境規制は、この分野の技術革新を刺激します。例えば2024年9月、BezaresはIAA 2024で先進的なポンプ技術と電気自動車ソリューションを発表しました。同社は、持続可能な電動モビリティへの移行をサポートするよう設計された高効率ポンプとコンポーネントを発表しました。さらに、マテリアルハンドリング、海洋、再生可能エネルギー用途は、油圧モーターの世界市場シェアをさらに拡大します。アジア太平洋とラテンアメリカの新興国は、工業化とインフラへの投資の増加により、大きな成長の可能性を秘めています。

米国の油圧モーター市場成長は、主に建設、製造、マテリアルハンドリング分野の旺盛な需要が牽引しています。例えば、Parker Hannifinは2024年9月にGVMモーターシリーズを拡充し、最大出力351kWの大型サイズを発表し、オンロードおよびオフロードの電気自動車向けに高効率、出力密度、適応性を提供しています。さらに、高速道路、橋梁、再生可能エネルギープロジェクトに巨額の投資を伴う連邦インフラプロジェクトも、油圧機器の採用に大きな可能性をもたらしています。スマートマニュファクチャリングとインダストリー4.0の実践が進むにつれて、先進的な油圧モーターはハイエンドの自動機械で使用されるようになっています。政府から補助金が支給される最新機器の使用により機械化が加速し、トラクターや収穫機における油圧システムの需要が加速しています。米国のシェールオイル・ガス産業の盛り上がりも、掘削・探査装置における油圧モーターの必要性を高めています。持続可能性を目的とした電気およびハイブリッド油圧システムの技術革新は、引き続き投資を引き付けています。米国市場には、最新技術を駆使して変化する顧客ニーズや規制基準に対応する老舗メーカーも存在感を示しています。

油圧モーター市場動向：

産業別での普及

効率的なホイールローダーや製造プロセスを最適化するための油圧モーターに対する需要の高まりから、石油化学、航空宇宙、化学、海洋、石油・ガスなど、さまざまな業界別で油圧モーターが広く採用されていることが、市場を成長へと導く主な要因の1つとなっています。これに伴い、生産量を最大化し、間接費を削減するためのメーカーによる革新的なアプローチの広範な採用とともに、大幅な技術進歩がもう1つの成長促進要因として作用しています。これはさらに、産業インフラ強化のために各国政府が行っている有利なイニシアチブにも支えられています。これは、運用コストと資本支出を最小限に抑える助けとなり、市場成長に寄与しています。さらに、油圧モーターが陸上および海上での石油探査活動で幅広く利用されていることや、農業セクターで静圧式ホイールモーターに採用されていることも、市場の成長を後押ししています。IEAは、2040年までに海洋ガス生産量を7,000億立方メートル（bcm）に増加させ、浅海と深海の開発のバランスをとることで、2040年までにガス生産量全体に占める海洋生産量の割合を30％以上にすると予測しています。TST Europeによると、米国の民間部門の建設支出は2023年に約1兆3,800億米ドル、公共部門は3,680億米ドルでした。

海洋探査とエネルギー用途の拡大

油圧モーターは、効率的で長持ちし、過酷な条件にも耐えることから、海洋探査やエネルギー分野での需要が拡大していることを観察しています。モーターは、高トルク出力と過酷な条件下での信頼性を備え、海底装置、掘削装置、海洋作業において不可欠です。より深い油層を探査し、高度なオフショアエネルギーを生産するという需要の高まりは、複雑で高圧に対応する油圧システムの応用を支えています。さらに、油圧モーターは、洋上風力発電所のような再生可能なプロジェクトにおいて、高性能システムでの持続可能なエネルギー生産のために注目されています。油圧モーターは汎用性が高く、様々な海洋・エネルギー用途に対応できるため、革新的で効率的なソリューションを求める産業界に適しています。過酷な環境下での性能要求に応えることができるため、オフショアエネルギーや探査分野では欠かせない存在となっています。

精密農業分野での採用拡大

油圧モーターは、現代の農業用途における効率性、適応性、性能の高さから、農業分野で非常に一般的になってきています。このようなモーターは、トラクター、収穫機、散布機などの農業機械において、制御性とパワーを向上させることで正確な操作を可能にします。これらのモーターは、高性能農業の要件と同様に、機械的な複雑さを抑えたエネルギー効率の高いモーターです。油圧システムは灌漑設備にもよく使用され、水管理の機械化をサポートし、水不足地域での生産性を向上させます。作物を最大限に利用し、最大限の収量を獲得し、最小限の資源を使用する精密農業の傾向が高まるにつれ、油圧モーターの必要性も高まっています。農場の自動化やスマート化が進むにつれ、油圧システムの信頼性と柔軟性が求められています。これらのモータは、労働力への依存を減らし、作業効率を向上させ、全体的な生産性を高めながら、現代農業の進化する課題に対処するために不可欠です。

目次

第1章 序文

第2章 調査範囲と調査手法

• 調査の目的
• ステークホルダー
• データソース
  • 一次情報
  • 二次情報
• 市場推定
  • ボトムアップアプローチ
  • トップダウンアプローチ
• 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

• 概要
• 主要業界動向

第5章 世界の油圧モーター市場

• 市場概要
• 市場実績
• COVID-19の影響
• 市場予測

第6章 市場内訳：タイプ別

• 油圧ギヤモーター
  • 主要セグメント
    • ギヤモーター
    • 遊星ギヤモーター
• ベーンモーター
• ピストンモーター
  • 主要セグメント
    • ラジアルピストンモーター
    • アキシャルピストンモーター

第7章 市場内訳：速度別

• 低速（500 Rpm未満）
• 高速（500 Rpm超）

第8章 市場内訳：用途別

• オフロード
  • 主要セグメント
    • 建設機械
    • 農業機械
    • 鉱山機械
• 産業
  • 主要セグメント
    • 製造
    • 船舶

第9章 市場内訳：地域別

• 北米
  • 米国
  • カナダ
• アジア太平洋地域
  • 中国
  • 日本
  • インド
  • 韓国
  • オーストラリア
  • インドネシア
  • その他
• 欧州
  • ドイツ
  • フランス
  • 英国
  • イタリア
  • スペイン
  • ロシア
  • その他
• ラテンアメリカ
  • ブラジル
  • メキシコ
  • その他
• 中東・アフリカ
  • 市場内訳：国別

第10章 SWOT分析

• 概要
• 強み
• 弱み
• 機会
• 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

• 概要
• 買い手の交渉力
• 供給企業の交渉力
• 競合の程度
• 新規参入業者の脅威
• 代替品の脅威

第13章 価格分析

第14章 競合情勢

• 市場構造
• 主要企業
• 主要企業のプロファイル
  • Bezares SA
  • Bosch Rexforth AG（Robert Bosch GmbH）
  • Bucher Hydraulics GmbH（Bucher Industries AG）
  • Danfoss A/S
  • Eaton Corporation PLC
  • Hydro Leduc
  • Kawasaki Heavy Industries Ltd.
  • M+S Hydraulic PLC
  • Maha Hydraulics Private Limited
  • Mitsubishi Heavy Industries Ltd.
  • Parker-Hannifin Corporation
  • Permco Inc.
  • Rotary Power
  • VELJAN Hydrair Private Ltd.

List of Figures

• Figure 1: Global: Hydraulic Motors Market: Major Drivers and Challenges
• Figure 2: Global: Hydraulic Motors Market: Sales Value (in Billion USD), 2019-2024
• Figure 3: Global: Hydraulic Motors Market Forecast: Sales Value (in Billion USD), 2025-2033
• Figure 4: Global: Hydraulic Motors Market: Breakup by Type (in %), 2024
• Figure 5: Global: Hydraulic Motors Market: Breakup by Speed (in %), 2024
• Figure 6: Global: Hydraulic Motors Market: Breakup by Application (in %), 2024
• Figure 7: Global: Hydraulic Motors Market: Breakup by Region (in %), 2024
• Figure 8: Global: Hydraulic Motors (Hydraulic Gear Motor) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 9: Global: Hydraulic Motors (Hydraulic Gear Motor) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 10: Global: Hydraulic Motors (Vane Motor) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 11: Global: Hydraulic Motors (Vane Motor) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 12: Global: Hydraulic Motors (Piston Motor) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 13: Global: Hydraulic Motors (Piston Motor) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 14: Global: Hydraulic Motors (Low-Speed (<500 Rpm)) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 15: Global: Hydraulic Motors (Low-Speed (<500 Rpm)) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 16: Global: Hydraulic Motors (High-Speed (>500 Rpm)) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 17: Global: Hydraulic Motors (High-Speed (>500 Rpm)) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 18: Global: Hydraulic Motors (Off-Road) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 19: Global: Hydraulic Motors (Off-Road) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 20: Global: Hydraulic Motors (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
• Figure 21: Global: Hydraulic Motors (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 22: North America: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 23: North America: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 24: United States: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 25: United States: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 26: Canada: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 27: Canada: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 28: Asia-Pacific: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 29: Asia-Pacific: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 30: China: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 31: China: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 32: Japan: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 33: Japan: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 34: India: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 35: India: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 36: South Korea: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 37: South Korea: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 38: Australia: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 39: Australia: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 40: Indonesia: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 41: Indonesia: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 42: Others: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 43: Others: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 44: Europe: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 45: Europe: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 46: Germany: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 47: Germany: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 48: France: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 49: France: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 50: United Kingdom: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 51: United Kingdom: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 52: Italy: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 53: Italy: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 54: Spain: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 55: Spain: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 56: Russia: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 57: Russia: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 58: Others: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 59: Others: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 60: Latin America: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 61: Latin America: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 62: Brazil: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 63: Brazil: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 64: Mexico: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 65: Mexico: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 66: Others: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 67: Others: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 68: Middle East and Africa: Hydraulic Motors Market: Sales Value (in Million USD), 2019 & 2024
• Figure 69: Middle East and Africa: Hydraulic Motors Market: Breakup by Country (in %), 2024
• Figure 70: Middle East and Africa: Hydraulic Motors Market Forecast: Sales Value (in Million USD), 2025-2033
• Figure 71: Global: Hydraulic Motors Industry: SWOT Analysis
• Figure 72: Global: Hydraulic Motors Industry: Value Chain Analysis
• Figure 73: Global: Hydraulic Motors Industry: Porter's Five Forces Analysis

List of Tables

• Table 1: Global: Hydraulic Motors Market: Key Industry Highlights, 2024 and 2033
• Table 2: Global: Hydraulic Motors Market Forecast: Breakup by Type (in Million USD), 2025-2033
• Table 3: Global: Hydraulic Motors Market Forecast: Breakup by Speed (in Million USD), 2025-2033
• Table 4: Global: Hydraulic Motors Market Forecast: Breakup by Application (in Million USD), 2025-2033
• Table 5: Global: Hydraulic Motors Market Forecast: Breakup by Region (in Million USD), 2025-2033
• Table 6: Global: Hydraulic Motors Market: Competitive Structure
• Table 7: Global: Hydraulic Motors Market: Key Players

The global hydraulic motors market size was valued at USD 12.86 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 18.40 Billion by 2033, exhibiting a CAGR of 3.85% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 39.8% in 2024. The hydraulic motors market share is primarily driven due to rapid industrialization, increased construction activities, mechanization of agriculture, and investments in emerging economies for infrastructure development.

Driven by escalated demand in construction, agricultural, and industrial sectors, the global hydraulic motors market is expected to rise. Urbanization and numerous other infrastructure development projects accelerate the acceptance of hydraulic motors in the construction sector for use in construction machinery, whereas a growing demand for automation increases their utilization in industrial applications. Mechanization and efficiency requirements increase the deployment of hydraulic motors among tractors and harvesters along with other agricultural machinery. High-torque, long-lasting motors in heavy-duty equipment are required due to the rapidly expanding mining sector. There is a substantial investment in technology development for hydraulic systems, particularly in compact designs, energy efficiency, and the ability to function under extreme conditions. Environmental regulations that focus on energy efficiency and emissions reduction stimulate innovation in this sector. For instance, in September 2024, Bezares unveiled advanced pump technologies and electric vehicle solutions at IAA 2024. The company introduced high-efficiency pumps and components designed to support the shift to sustainable electric mobility. Moreover, material handling, marine, and renewable energy applications further increase the hydraulic motors' global market share. Emerging economies in Asia Pacific and Latin America hold enormous growth potential because of increased industrialization and investments in infrastructure.

The US hydraulic motors market growth is driven primarily by construction, manufacturing, and material handling sectors with robust demand. For example, in September 2024, Parker Hannifin expanded its GVM motor series, unveiling larger sizes with up to 351 kW power, offering high efficiency, power density, and adaptability for on- and off-road electric vehicles. Moreover, federal infrastructure projects involving huge investments in highways, bridges, and renewable energy projects are also building considerable scopes for hydraulic equipment adoption. With increased smart manufacturing and Industry 4.0 practices, advanced hydraulic motors are finding usage in high-end automatic machinery. Amplified mechanization, due to the use of more modern equipment for which the government gives some subsidies, accelerates the demand for hydraulic systems in tractors and harvesters. A boost in the U.S. shale oil and gas industry has also escalated the need for hydraulic motors in drilling and exploration equipment. The innovations in electric and hybrid hydraulic systems for sustainability purposes continue to attract investment. There is also a robust presence of established manufacturers in the U.S. market, taking advantage of the latest technologies to meet changing customer needs and regulatory standards.

Hydraulic Motors Market Trends:

Widespread Adoption Across Industrial Verticals

The widespread adoption of hydraulic motors across various industrial verticals, such as petrochemicals, aerospace, chemical, marine, and oil and gas on account of the increasing demand for efficient wheel loaders and hydraulic motors for optimizing manufacturing processes is acting as one of the major factors driving the market toward growth. In line with this, significant technological advancements, along with the widespread adoption of innovative approaches by manufacturers for maximizing outputs, while lowering overheads is acting as another growth-inducing factor. This is further supported by the favorable initiatives undertaken by the governments of various countries for strengthening industrial infrastructure. This, in turn, aids in minimizing the operational costs and capital expenditure, which is contributing to the market growth. Additionally, the extensive utilization of hydraulic motors in on-shore and off-shore oil exploration activities, along with its deployment in the agriculture sector in hydrostatically powered wheel motors, are propelling the market growth. IEA estimates that increasing offshore gas output to 700 Billion cubic metres (bcm) by 2040, balanced between shallow water and deep-water developments, puts the share of offshore production above 30 percent of total gas output by 2040.Apart from this, the escalating construction activities and high infrastructural development across the globe are creating a positive outlook for the market. According to TST Europe, private sector construction spending in the U.S. was around USD 1.38 Trillion during 2023, and that of the public sector was USD 368 Billion.

Expansion in Offshore Exploration and Energy Applications

Hydraulic motors are observing boosting demand across offshore exploration and energy sectors, because they are efficient, long-lasting, and withstand extreme conditions. Motors are essential in subsea equipment, drilling rigs, and marine operations with a high torque output and reliability in extreme conditions. The increasing demand to explore deeper reservoirs and produce highly advanced offshore sources of energy supports the application of hydraulic systems to handle high complexity and high pressure. Further, hydraulic motors are becoming prominent in renewable projects, like an offshore wind farm, for sustainable energy production in a system of high performance. Hydraulic motors are versatile and can accommodate various marine and energy applications, which makes them relevant in the industries that seek innovative and efficient solutions. They are indispensable in the offshore energy and exploration sectors due to their ability to meet performance demands in extreme environments.

Growing Adoption in Precision Agriculture

Hydraulic motors are becoming highly common in agriculture because of their efficiency, adaptability, and performance in modern farming applications. Such motors facilitate accurate operations within agricultural machinery, such as tractors, harvesters, and sprayers, by giving them better control and power. These are energy-efficient motors with less mechanical complexity, just like the requirements for high-performance agriculture. Hydraulic systems are also very commonly used in irrigation equipment supports mechanized water management and increases productivity in water-scarce regions. With the rising trend towards precision farming, which employs the maximum utilization of crops, gains maximum yields, uses the minimum number of resources, also increases the need for hydraulic motors. Increased farm automation or farm smartness calls for reliability and flexibility of hydraulic systems. These motors reduce labor dependence and improve operational efficiency, making them essential for addressing the evolving challenges of modern agriculture while boosting overall productivity.

Hydraulic Motors Industry Segmentation:

Analysis by Type:

• Vane Motor
  • Piston Motor
    • Radial Piston Motor
    • Axial Piston Motor

Piston motors are the largest hydraulic motors market with a market share of 46.6% because of their efficiency superiority, high torque, and capacity to operate in high-pressure environment. They are used for heavy-duty applications such as construction equipment, industrial machinery, and mining machines, where the ability to achieve accurate results and withstand a stress environment is of great importance. They have the highest power density and efficiency for other motor types; hence, these are excellent applications for rigorous cases. Piston motors are also applied in applications which require variable displacement capabilities. Moreover, the use of these motors increases control and flexibility. Increasing concerns about energy efficiency and high performance in machinery have increased the usage of piston motors. As hydraulic technology has progressed, piston motors have gained more ground among organizations seeking reliability, performance, and life. Their ability to work under extreme conditions puts them in a strategic position in the hydraulic motors market.

Analysis by Speed:

• Low-Speed (<500 Rpm)
• High-Speed (>500 Rpm)

The high-end hydraulic motors, which run at speeds higher than 500 rpm, are an important part of the hydraulic motors market due to their flexibility and efficiency in high-demand applications. Commonly used in manufacturing, material handling, and automation systems requiring rapid and precise movement, these motors provide quick turning speed with minimal variation in torque for dynamic operations. They are also highly used in agricultural machinery, construction machines, and other off-road equipment, as fast, timely jobs require swift execution. Improvement of motor designs aimed at decreasing the energy usage of motors while raising the accuracy in their functioning have pushed these motors even more. Industrial automation and robotics with the requirement of high-speed functions have expanded its market share. All these motors are the preferred for usage in applications requiring speed, precision, and also absolute reliability.

Analysis by Application:

• Off-Road
  • Construction Machinery
  • Agricultural Machinery
  • Mining Machinery
• Industrial
  • Manufacturing
  • Marine

Off-road segment is a major contributor to the hydraulic motors market due to their vast application in construction, agriculture, and mining machinery. Hydraulic motors are crucial in the operation of off-road equipment like wheel loaders, excavators, tractors, and harvesters, which demand reliability and high performance. Such motors help heavy machinery function effectively in uneven and rugged terrains, with the ability to function smoothly in harsh conditions. Demand for this segment has increased with increasing demand in infrastructure development, agricultural mechanization, and resource extraction. The off-road hydraulic motors have been designed to offer a high torque output and transmit the pressure accurately, which enables them to tolerate any amount of pressure without failure. With their heavy-duty applications, the technologies used here enhance compact designs and energy efficiency. With continued industrialization and a demand for robust, high-performance equipment, the off-road segment is driving considerable demand for hydraulic motors.

Regional Analysis:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Asia-Pacific accounted for the highest market share, holding 39.8% due to its high rate of industrialization and rapid infrastructure growth in the region as well as growth in agricultural mechanization. Strong demand for hydraulic motors is also from expanding construction activities backed by government spending in roads, railways, and other urban infrastructures. Further expansion in mining and the resultant necessity for the adoption of effective extraction equipment boosted market demand in this region. In agriculture, the accelerated number of modern tools like tractors and reapers has shifted towards hydraulic equipment for better results. The major drivers in the Asian region are also the countries focusing on industrial progress and technological change, such as China, India, and Japan. The presence of top manufacturers, accompanied by escalating demands for energy efficient and high performing machinery, strengthen Asia-Pacific to be the current leader in global hydraulic motors markets.

Key Regional Takeaways:

North America Hydraulic Motors Market Analysis

Hydraulic motors industry in North America is growing steadily, and it is increasingly driven by these three main industries including construction, agricultural, and the mining industry. Infrastructure development and modernization works propel the utilization of hydraulic motors in constructing machinery and material handling equipment. Such machinery as tractors and harvesters benefits the agricultural industry by having hydraulic motors. Efficiency improvements due to technological advancements, such as energy and compact designs in hydraulic motors, further make them attractive in industrial applications. The mining industry is constantly expanding, demanding high-torque hydraulic motors in harsh environments. The United States is the country with the biggest market share. It has witnessed significant investments from construction and manufacturing sectors. It is also augmented in Canada due to increasing adoption by the mining and agriculture sectors. The key players innovate, form alliances, and widen their distribution channels to further the market share. The emphasis of regulatory standards on energy efficiency and reduced emissions influences product development and makes North America a significant region in the hydraulic motors market worldwide.

United States Hydraulic Motors Market Analysis

The United States hydraulic motors market is driven by several key factors, including the thriving construction and manufacturing sectors, the growing demand for automation, and the rapid advancements in industrial technologies. The U.S. construction industry is experiencing significant growth, fueled by large-scale infrastructure projects and government investments in roads, bridges, and urban development. According to reports, in 2023, construction accounted for approximately 4.3% of the GDP, highlighting its economic significance. Hydraulic motors are integral to construction processes, powering essential machinery such as cranes, excavators, and drilling equipment. Also, the manufacturing sector of the U.S. is gradually incorporating automation technologies for more efficient production processes. Hydraulic motors are integral to powering automated systems, robots, and material handling equipment, driving demand in industrial settings. The recent development is a prominent driver in this hydraulic motor marketplace. It includes growth in the oil and gas industry. Hydraulic motors are needed in drilling rigs, pipeline construction, and offshore platforms. As the U.S. increases its energy production and explores new drilling locations, the demand for hydraulic motors in these sectors continues to grow. Moreover, technological advancements, such as the integration of IoT and predictive maintenance solutions into hydraulic systems, are boosting the efficiency and reliability of hydraulic motors, making them a preferred choice for high-performance applications. The push toward sustainable energy and green initiatives also encourages the adoption of energy-efficient hydraulic systems, supporting market growth.

Asia Pacific Hydraulic Motors Market Analysis

The Asia Pacific hydraulic motors market is experiencing robust growth on account of increasing industrial activities, urbanization, and a strong emphasis on infrastructure development. China and India are leading the list of countries in terms of infrastructure projects such as roads, bridges, and urban transportation systems, which call for heavy machinery with hydraulic motors. According to CRISIL's Infrastructure yearbook 2023, India will spend nearly USD 1,727.05 Billion on infrastructure in seven fiscals through 2030. As the construction and mining industries are booming in this region, the requirement for high-performance hydraulic motors in excavators, cranes, and other construction machinery is on the rise. Additionally, the region's manufacturing sector is increasingly adopting automation, creating significant demand for hydraulic motors in industrial robots, conveyors, and automated material handling systems. The rise of smart factories in countries like Japan and South Korea also boosts the demand for hydraulic motor applications. Furthermore, the automotive sector in Asia Pacific is experiencing a shift towards electric and hybrid vehicles, which require precision hydraulic systems for various functions, such as braking, steering, and suspension. This shift to advanced technologies further drives market demand. The third important driver is the increasing demand for hydraulic systems in agriculture particularly in countries with immense agricultural sectors, such as China and India. Hydraulic motors are used in tractors, harvesters, and other machines, aiding in the modernization of the region's agriculture.

Europe Hydraulic Motors Market Analysis

The region's strong automotive and manufacturing industries, as well as the growing emphasis on renewable energy projects and environmental sustainability. The International Council on Clean Transportation estimated that in 2023, approximately 10.6 Million new cars were registered in the 27 Member States of the EU. Furthermore, the commitment to sustainability and the reduction of carbon emissions by the European Union is stimulating the demand for energy-efficient and environmentally friendly technologies, including hydraulic systems. Hydraulic motors are also a necessity in those applications that require high efficiency and low energy consumption, including wind turbines, renewable energy plants, and electric vehicles. With a focus on reducing industrial carbon footprints, hydraulic motors are being incorporated into green technologies, promoting further market expansion. Besides this, the ongoing demand for construction equipment and mining machinery in Europe, particularly in countries like Germany, France, and the UK, continues to drive growth. Hydraulic motors are critical in equipment used for excavation, tunneling, and material handling. The region's commitment to urban development and infrastructure upgrades ensures that the demand for construction machinery powered by hydraulic motors remains high. The European manufacturing sector is also increasingly adopting automation and robotics, which rely on hydraulic motors for operation. Furthermore, with technological advancements in hydraulic systems, including improvements in power density and precision control, European manufacturers are opting for hydraulic motors for specialized applications, fostering the market's growth.

Latin America Hydraulic Motors Market Analysis

The growth of the market is further supplemented by the increased infrastructure projects, especially in Brazil and Mexico. New roads, bridges, and residential complexes are intensifying demand for hydraulic-powered machinery, including excavators, bulldozers, and cranes. Moreover, the mining and agriculture sectors of the region, particularly Chile and Argentina, heavily rely on hydraulic motors to power the equipment used in extraction, processing, and mechanized farming. The market is also witnessing growth with growing investments in renewable energy projects in the region. According to reports, in 2023, Brazil announced a new "growth acceleration" plan with a commitment of USD 12.5 Billion for new renewable energy projects. With the industry on the growth curve, demand for hydraulic motors increases.

Middle East and Africa Hydraulic Motors Market Analysis

In the Middle East and Africa, demand in the oil and gas sector particularly in the countries of Saudi Arabia, UAE, and Nigeria-will continue to drive demand in hydraulic motors for offshore drilling rigs, pipeline construction, and machinery in refineries. Heavy investment in infrastructure development coupled with the rising adoption of hydraulic-powered machinery in construction and agriculture is also an important factor driving the market. The MENA region's construction sector has taken tremendous knocks but continues to award projects worth a phenomenal USD 101 Billion in the first half of the year, according to reports. The need for automation in most industrial sectors directly increases the requirement for high-performance hydraulic motors in most applications in line with this.

Competitive Landscape:

The hydraulic motors market is highly competitive with various players concentrating on innovation and technological developments for a competitive edge. There has been a high investment in research and development (R&D) in introducing energy-efficient, high-performance, and compact designs catering to diversified industrial needs. Key trends strategies collaborations, partnerships, and acquisitions are one of the most significant trends that allow players to expand their portfolios and enhance market presence. Hydraulics motors customized to satisfy certain application requirements in construction, agriculture, and mining increase the rivalry. Another trend shaping the market is the presence of eco-friendly and sustainable hydraulic solutions that are observing growth due to heightening regulatory pressure to reduce emissions and energy consumption. Other trends seen to impact the market include accelerated adoption of advanced manufacturing techniques, automation, and robotics. The above has seen manufacturers "talk" their products into being smart products. The strategies collectively outline the competitive dynamics of the hydraulic motors market.

The report provides a comprehensive analysis of the competitive landscape in the hydraulic motors market with detailed profiles of all major companies, including:

• Bezares SA
• Bosch Rexforth AG (Robert Bosch GmbH)
• Bucher Hydraulics GmbH (Bucher Industries AG)
• Danfoss A/S
• Eaton Corporation PLC
• Hydro Leduc
• Kawasaki Heavy Industries Ltd.
• M + S Hydraulic PLC
• Maha Hydraulics Private Limited
• Mitsubishi Heavy Industries Ltd.
• Parker-Hannifin Corporation
• Permco Inc.
• Rotary Power
• VELJAN Hydrair Private Ltd.

Key Questions Answered in This Report

• 1.How big is the hydraulic motors market?
• 2.What is the future outlook of hydraulic motors market?
• 3.What are the key factors driving the hydraulic motors market?
• 4.Which region accounts for the largest hydraulic motors market share?
• 5.Which are the leading companies in the global hydraulic motors market?

Table of Contents

1 Preface

2 Scope and Methodology

• 2.1 Objectives of the Study
• 2.2 Stakeholders
• 2.3 Data Sources
  • 2.3.1 Primary Sources
  • 2.3.2 Secondary Sources
• 2.4 Market Estimation
  • 2.4.1 Bottom-Up Approach
  • 2.4.2 Top-Down Approach
• 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

• 4.1 Overview
• 4.2 Key Industry Trends

5 Global Hydraulic Motors Market

• 5.1 Market Overview
• 5.2 Market Performance
• 5.3 Impact of COVID-19
• 5.4 Market Forecast

6 Market Breakup by Type

• 6.1 Hydraulic Gear Motor
  • 6.1.1 Market Trends
  • 6.1.2 Major Segments
    • 6.1.2.1 Gear Motor
    • 6.1.2.2 Epicyclic Gear Motor
  • 6.1.3 Market Forecast
• 6.2 Vane Motor
  • 6.2.1 Market Trends
  • 6.2.2 Market Forecast
• 6.3 Piston Motor
  • 6.3.1 Market Trends
  • 6.3.2 Major Segments
    • 6.3.2.1 Radial Piston Motor
    • 6.3.2.2 Axial Piston Motor
  • 6.3.3 Market Forecast

7 Market Breakup by Speed

• 7.1 Low-Speed (<500 Rpm)
  • 7.1.1 Market Trends
  • 7.1.2 Market Forecast
• 7.2 High-Speed (>500 Rpm)
  • 7.2.1 Market Trends
  • 7.2.2 Market Forecast

8 Market Breakup by Application

• 8.1 Off-Road
  • 8.1.1 Market Trends
  • 8.1.2 Major Segments
    • 8.1.2.1 Construction Machinery
    • 8.1.2.2 Agricultural Machinery
    • 8.1.2.3 Mining Machinery
  • 8.1.3 Market Forecast
• 8.2 Industrial
  • 8.2.1 Market Trends
  • 8.2.2 Major Segments
    • 8.2.2.1 Manufacturing
    • 8.2.2.2 Marine
  • 8.2.3 Market Forecast

9 Market Breakup by Region

• 9.1 North America
  • 9.1.1 United States
    • 9.1.1.1 Market Trends
    • 9.1.1.2 Market Forecast
  • 9.1.2 Canada
    • 9.1.2.1 Market Trends
    • 9.1.2.2 Market Forecast
• 9.2 Asia-Pacific
  • 9.2.1 China
    • 9.2.1.1 Market Trends
    • 9.2.1.2 Market Forecast
  • 9.2.2 Japan
    • 9.2.2.1 Market Trends
    • 9.2.2.2 Market Forecast
  • 9.2.3 India
    • 9.2.3.1 Market Trends
    • 9.2.3.2 Market Forecast
  • 9.2.4 South Korea
    • 9.2.4.1 Market Trends
    • 9.2.4.2 Market Forecast
  • 9.2.5 Australia
    • 9.2.5.1 Market Trends
    • 9.2.5.2 Market Forecast
  • 9.2.6 Indonesia
    • 9.2.6.1 Market Trends
    • 9.2.6.2 Market Forecast
  • 9.2.7 Others
    • 9.2.7.1 Market Trends
    • 9.2.7.2 Market Forecast
• 9.3 Europe
  • 9.3.1 Germany
    • 9.3.1.1 Market Trends
    • 9.3.1.2 Market Forecast
  • 9.3.2 France
    • 9.3.2.1 Market Trends
    • 9.3.2.2 Market Forecast
  • 9.3.3 United Kingdom
    • 9.3.3.1 Market Trends
    • 9.3.3.2 Market Forecast
  • 9.3.4 Italy
    • 9.3.4.1 Market Trends
    • 9.3.4.2 Market Forecast
  • 9.3.5 Spain
    • 9.3.5.1 Market Trends
    • 9.3.5.2 Market Forecast
  • 9.3.6 Russia
    • 9.3.6.1 Market Trends
    • 9.3.6.2 Market Forecast
  • 9.3.7 Others
    • 9.3.7.1 Market Trends
    • 9.3.7.2 Market Forecast
• 9.4 Latin America
  • 9.4.1 Brazil
    • 9.4.1.1 Market Trends
    • 9.4.1.2 Market Forecast
  • 9.4.2 Mexico
    • 9.4.2.1 Market Trends
    • 9.4.2.2 Market Forecast
  • 9.4.3 Others
    • 9.4.3.1 Market Trends
    • 9.4.3.2 Market Forecast
• 9.5 Middle East and Africa
  • 9.5.1 Market Trends
  • 9.5.2 Market Breakup by Country
  • 9.5.3 Market Forecast

10 SWOT Analysis

• 10.1 Overview
• 10.2 Strengths
• 10.3 Weaknesses
• 10.4 Opportunities
• 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

• 12.1 Overview
• 12.2 Bargaining Power of Buyers
• 12.3 Bargaining Power of Suppliers
• 12.4 Degree of Competition
• 12.5 Threat of New Entrants
• 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

• 14.1 Market Structure
• 14.2 Key Players
• 14.3 Profiles of Key Players
  • 14.3.1 Bezares SA
    • 14.3.1.1 Company Overview
    • 14.3.1.2 Product Portfolio
  • 14.3.2 Bosch Rexforth AG (Robert Bosch GmbH)
    • 14.3.2.1 Company Overview
    • 14.3.2.2 Product Portfolio
    • 14.3.2.3 SWOT Analysis
  • 14.3.3 Bucher Hydraulics GmbH (Bucher Industries AG)
    • 14.3.3.1 Company Overview
    • 14.3.3.2 Product Portfolio
  • 14.3.4 Danfoss A/S
    • 14.3.4.1 Company Overview
    • 14.3.4.2 Product Portfolio
    • 14.3.4.3 SWOT Analysis
  • 14.3.5 Eaton Corporation PLC
    • 14.3.5.1 Company Overview
    • 14.3.5.2 Product Portfolio
    • 14.3.5.3 Financials
    • 14.3.5.4 SWOT Analysis
  • 14.3.6 Hydro Leduc
    • 14.3.6.1 Company Overview
    • 14.3.6.2 Product Portfolio
  • 14.3.7 Kawasaki Heavy Industries Ltd.
    • 14.3.7.1 Company Overview
    • 14.3.7.2 Product Portfolio
    • 14.3.7.3 Financials
    • 14.3.7.4 SWOT Analysis
  • 14.3.8 M + S Hydraulic PLC
    • 14.3.8.1 Company Overview
    • 14.3.8.2 Product Portfolio
  • 14.3.9 Maha Hydraulics Private Limited
    • 14.3.9.1 Company Overview
    • 14.3.9.2 Product Portfolio
  • 14.3.10 Mitsubishi Heavy Industries Ltd.
    • 14.3.10.1 Company Overview
    • 14.3.10.2 Product Portfolio
    • 14.3.10.3 Financials
    • 14.3.10.4 SWOT Analysis
  • 14.3.11 Parker-Hannifin Corporation
    • 14.3.11.1 Company Overview
    • 14.3.11.2 Product Portfolio
    • 14.3.11.3 Financials
    • 14.3.11.4 SWOT Analysis
  • 14.3.12 Permco Inc.
    • 14.3.12.1 Company Overview
    • 14.3.12.2 Product Portfolio
  • 14.3.13 Rotary Power
    • 14.3.13.1 Company Overview
    • 14.3.13.2 Product Portfolio
  • 14.3.14 VELJAN Hydrair Private Ltd.
    • 14.3.14.1 Company Overview
    • 14.3.14.2 Product Portfolio