The hydraulic pumps market is projected to reach US$ 14.20 billion by 2030 from US$ 10.24 billion in 2022. The market is expected to register a CAGR of 4.2% during 2022โ2030. The rising number of wastewater treatment projects is likely to remain a key trend in the market. The expanding mining industry and the growing need for real-time monitoring and data analysis are driving the market. The market is anticipated to grow during the forecast period due to the significant initiatives taken by theย governmentย for developing or retrofitting infrastructure.
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Top Key Major Players:
- 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
- Bucher Hydraulics GmbH
- HAWE North America Inc