North America Hydraulics Market Size, Share & Trends Analysis Report By End User, By Type (Mobile, and Industrial), By Component (Cylinder, Motor & Pumps, Transmission, Valves, Filters, Accumulators, and Others), By Country and Growth Forecast, 2023 - 2030

The North America Hydraulics Market would witness market growth of 3.3% CAGR during the forecast period (2023-2030).

Safety remains a top priority in the hydraulics market. Innovations in hydraulic systems aim to enhance safety features, such as fail-safe mechanisms and redundant systems, to prevent accidents and ensure the reliability of critical applications. Increasing industrialization and infrastructure development in developing regions create new opportunities for hydraulic system providers.

Economic conditions, including GDP growth, industrial output, and infrastructure investments, directly impact the demand for hydraulic systems. Economic downturns may lead to a temporary slowdown in the market, while periods of growth stimulate increased investments in hydraulic technologies. Stringent environmental regulations and a growing emphasis on sustainability drive the development of eco-friendly hydraulic solutions. Manufacturers are adapting their products to comply with environmental standards and reduce the ecological footprint of hydraulic systems.

According to the National Institute of Standards and Technology, in 2021, manufacturing contributed $2.3 trillion to U.S. GDP, amounting to 12.0 % of total U.S. GDP. Including direct and indirect (i.e., purchases from other industries) value-added, manufacturing contributed an estimated 24 % of GDP. Hydraulic systems are integral to industrial machinery and equipment used in manufacturing processes. Machines such as presses, injection molding machines, and metal forming equipment rely on hydraulics to control force and motion precisely.

The US market dominated the North America Hydraulics Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $11,113.2 million by 2030. The Canada market is showcasing a CAGR of 3.8% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 4.3% during (2023 - 2030).

Free Valuable Insights: The Hydraulics Market is Predict to reach $54.9 Billion by 2030, at a CAGR of 3.7%

Based on End User, the market is segmented into Construction, Aerospace, Metal & Machinery Manufacturing, Mining, Material Handling, Agriculture, Marine, Oil & Gas, Automotive, and Others. Based on Type, the market is segmented into Mobile, and Industrial. Based on Component, the market is segmented into Cylinder, Motor & Pumps, Transmission, Valves, Filters, Accumulators, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Enerpac Tool Group Corp.
• The Danfoss Group
• HYDAC International GmbH
• Kawasaki Heavy Industries, Ltd.
• SMC Corporation
• Parker Hannifin Corporation
• Wipro Limited
• Caterpillar, Inc.
• Bosch Rexroth AG (Robert Bosch GmbH)
• KYB corporation

North America Hydraulics Market Report Segmentation

By End User

• Construction
• Aerospace
• Metal & Machinery Manufacturing
• Mining
• Material Handling
• Agriculture
• Marine
• Oil & Gas
• Automotive
• Others

By Type

• Mobile
• Industrial

By Component

• Cylinder
• Motor & Pumps
• Transmission
• Valves
• Filters
• Accumulators
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Hydraulics Market, by End User
1.4.2 North America Hydraulics Market, by Type
1.4.3 North America Hydraulics Market, by Component
1.4.4 North America Hydraulics Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in Hydraulics Market
4.3 Porter’s Five Forces Analysis

Chapter 5. North America Hydraulics Market by End User
5.1 North America Construction Market by Country
5.2 North America Aerospace Market by Country
5.3 North America Metal & Machinery Manufacturing Market by Country
5.4 North America Mining Market by Country
5.5 North America Material Handling Market by Country
5.6 North America Agriculture Market by Country
5.7 North America Marine Market by Country
5.8 North America Oil & Gas Market by Country
5.9 North America Automotive Market by Country
5.1 North America Others Market by Country

Chapter 6. North America Hydraulics Market by Type
6.1 North America Mobile Market by Country
6.2 North America Industrial Market by Country

Chapter 7. North America Hydraulics Market by Component
7.1 North America Cylinder Market by Country
7.2 North America Motor & Pumps Market by Country
7.3 North America Transmission Market by Country
7.4 North America Valves Market by Country
7.5 North America Filters Market by Country
7.6 North America Accumulators Market by Country
7.7 North America Others Market by Country

Chapter 8. North America Hydraulics Market by Country
8.1 US Hydraulics Market
8.1.1 US Hydraulics Market by End User
8.1.2 US Hydraulics Market by Type
8.1.3 US Hydraulics Market by Component
8.2 Canada Hydraulics Market
8.2.1 Canada Hydraulics Market by End User
8.2.2 Canada Hydraulics Market by Type
8.2.3 Canada Hydraulics Market by Component
8.3 Mexico Hydraulics Market
8.3.1 Mexico Hydraulics Market by End User
8.3.2 Mexico Hydraulics Market by Type
8.3.3 Mexico Hydraulics Market by Component
8.4 Rest of North America Hydraulics Market
8.4.1 Rest of North America Hydraulics Market by End User
8.4.2 Rest of North America Hydraulics Market by Type
8.4.3 Rest of North America Hydraulics Market by Component

Chapter 9. Company Profiles
9.1 Enerpac Tool Group Corp.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 The Danfoss Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 HYDAC International GmbH
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.4 Kawasaki Heavy Industries, Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 SMC Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Research & Development Expenses
9.5.4 Recent strategies and developments:
9.5.4.1 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 Parker Hannifin Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Wipro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Caterpillar, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Bosch Rexroth AG (Robert Bosch GmbH)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. KYB Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 SWOT Analysis

TABLE 1 North America Hydraulics Market, 2019 - 2022, USD Million
TABLE 2 North America Hydraulics Market, 2023 - 2030, USD Million
TABLE 3 North America Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 4 North America Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 5 North America Construction Market by Country, 2019 - 2022, USD Million
TABLE 6 North America Construction Market by Country, 2023 - 2030, USD Million
TABLE 7 North America Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Metal & Machinery Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Metal & Machinery Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Mining Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Mining Market by Country, 2023 - 2030, USD Million
TABLE 13 North America Material Handling Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Material Handling Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Marine Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Marine Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 26 North America Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 27 North America Mobile Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Mobile Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Industrial Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Industrial Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 32 North America Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 33 North America Cylinder Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Cylinder Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Motor & Pumps Market by Country, 2019 - 2022, USD Million
TABLE 36 North America Motor & Pumps Market by Country, 2023 - 2030, USD Million
TABLE 37 North America Transmission Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Transmission Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Valves Market by Country, 2019 - 2022, USD Million
TABLE 40 North America Valves Market by Country, 2023 - 2030, USD Million
TABLE 41 North America Filters Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Filters Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Accumulators Market by Country, 2019 - 2022, USD Million
TABLE 44 North America Accumulators Market by Country, 2023 - 2030, USD Million
TABLE 45 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Hydraulics Market by Country, 2019 - 2022, USD Million
TABLE 48 North America Hydraulics Market by Country, 2023 - 2030, USD Million
TABLE 49 US Hydraulics Market, 2019 - 2022, USD Million
TABLE 50 US Hydraulics Market, 2023 - 2030, USD Million
TABLE 51 US Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 52 US Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 53 US Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 54 US Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 55 US Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 56 US Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 57 Canada Hydraulics Market, 2019 - 2022, USD Million
TABLE 58 Canada Hydraulics Market, 2023 - 2030, USD Million
TABLE 59 Canada Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 60 Canada Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 61 Canada Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 62 Canada Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 63 Canada Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 64 Canada Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 65 Mexico Hydraulics Market, 2019 - 2022, USD Million
TABLE 66 Mexico Hydraulics Market, 2023 - 2030, USD Million
TABLE 67 Mexico Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 68 Mexico Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 69 Mexico Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 70 Mexico Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 71 Mexico Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 72 Mexico Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 73 Rest of North America Hydraulics Market, 2019 - 2022, USD Million
TABLE 74 Rest of North America Hydraulics Market, 2023 - 2030, USD Million
TABLE 75 Rest of North America Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 76 Rest of North America Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 77 Rest of North America Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 78 Rest of North America Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 79 Rest of North America Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 80 Rest of North America Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 81 Key Information – Enerpac Tool Group Corp.
TABLE 82 Key Information – The Danfoss Group
TABLE 83 Key Information – HYDAC International GmbH
TABLE 84 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 85 Key Information – SMC Corporation
TABLE 86 Key Information – Parker Hannifin Corporation
TABLE 87 Key Information – Wipro Limited
TABLE 88 key information – Caterpillar, Inc.
TABLE 89 Key Information – Bosch Rexroth AG
TABLE 90 Key Information – KYB Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Hydraulics Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Hydraulics Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Hydraulics Market
FIG 6 North America Hydraulics Market share by End User, 2022
FIG 7 North America Hydraulics Market share by End User, 2030
FIG 8 North America Hydraulics Market by End User, 2019 - 2030, USD Million
FIG 9 North America Hydraulics Market share by Type, 2022
FIG 10 North America Hydraulics Market share by Type, 2030
FIG 11 North America Hydraulics Market by Type, 2019 - 2030, USD Million
FIG 12 North America Hydraulics Market share by Component, 2022
FIG 13 North America Hydraulics Market share by Component, 2030
FIG 14 North America Hydraulics Market by Component, 2019 - 2030, USD Million
FIG 15 North America Hydraulics Market share by Country, 2022
FIG 16 North America Hydraulics Market share by Country, 2030
FIG 17 North America Hydraulics Market by Country, 2019 - 2030, USD Million
FIG 18 Recent strategies and developments: Enerpac Tool Group Corp.
FIG 19 SWOT Analysis: Enerpac Tool Group Corp.
FIG 20 SWOT Analysis: The Danfoss Group
FIG 21 SWOT Analysis: HYDAC International GmbH
FIG 22 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 23 SWOT Analysis: SMC Corporation
FIG 24 Recent strategies and developments: Parker Hannifin Corporation
FIG 25 SWOT Analysis: Parker Hannifin Corporation
FIG 26 SWOT Analysis: Wipro Limited
FIG 27 SWOT Analysis: Caterpillar, Inc.
FIG 28 SWOT Analysis: Bosch Rexroth AG
FIG 29 SWOT Analysis: KYB Corporation