全球非公路用電動液壓動力系統市場(按類型、設備類型、組件和地區)預測至 2032 年
市場調查報告書
商品編碼
1766390

全球非公路用電動液壓動力系統市場(按類型、設備類型、組件和地區)預測至 2032 年

Electro Hydraulics Market for Off-Highway Equipment by Type, Component, Type, and Region - Global Forecast to 2032

出版日期: | 出版商: MarketsandMarkets | 英文 215 Pages | 訂單完成後即時交付

價格

非公路用設備電動液壓裝置的市場規模預計將以 14.2% 的複合年成長率成長,從 2025 年的 92,501 台成長到 2032 年的 234,487 台。

對更高效率和生產力日益成長的需求正在推動市場發展。此外,預計未來幾年對電動非公路設備的需求將推動油壓設備的發展。

研究範圍
調查年份 2021-2032
基準年 2024
預測期 2025-2032
對價單位 數量(單位)
按細分市場 按類型、依設備類型、按組件、按地區
目標區域 亞洲、美洲、歐洲

由於非公路用車領域對更具創新性、更有效率、更環保的設備的需求日益成長,預計電動液壓系統市場將比傳統系統更快成長。電動液壓系統的卓越效率和燃油節省是推動其成長的主要因素。這些系統通常採用負載感測和比例閥技術,根據需求調節泵浦功率,從而減少不必要的能源消耗,並降低油耗和排放。此外,電動油壓設備還支援先進的功能,例如農業領域的精密農業以及建築和採礦領域的半自動駕駛。這些功能使操作員能夠更精確、更有效率地工作,提高作業現場的安全性,並實現即時效能追蹤。

儘管電動液壓系統的初始成本和複雜性較高,但其長期優勢(例如節省燃料、自動化潛力和符合環境法規)使其成為面向未來的解決方案。非公路設備電動液壓系統的主要技術提供者包括博斯力士樂(德國)、丹佛斯(丹麥)、派克漢尼汾(美國)、Nott Company(美國)和 AB Volvo(瑞典)。

控制閥領域佔據主導地位,是因為它們在調節液壓油的流量、方向和壓力方面發揮關鍵作用,而這些功能對於任何液壓系統的性能至關重要。雖然控制閥一直是傳統液壓系統的基本部件,但隨著電液系統的興起,其設計和功能發生了顯著的變化。

在傳統系統中,控制閥主要採用液壓方式,由機器操作員直接操作或透過先導壓力操作。但現代電液系統採用電子控制、電磁驅動的比例閥和/或伺服閥。比例閥可以對壓力和流量進行可變控制,而伺服閥則提供精確的封閉回路型控制,通常基於感測器和邏輯控制器的回饋。這些功能對於挖土機、輪式裝載機和農用曳引機等需要多種液壓功能才能平穩、協調、高效運作的設備至關重要。

閥組的採用進一步推動了對先進控制閥的需求。這些閥組由多個組合在一起的電動閥門組成,可集中並同時管理多個致動器。它們廣泛應用於複雜的非公路設備,以提供高操作精度和效率。

全球非公路用控制閥主要供應商有派克漢尼汾(美國)、博世力士樂(德國)、丹佛斯(丹麥)、川崎精密機械(日本)、波克蘭(法國)、Walvoil SpA(義大利)和LHY Powertrain GmbH &Co.KG(德國)。

美洲地區的市場分析考慮了美國、加拿大、墨西哥和巴西。預計在預測期內,美洲地區將在油壓設備市場中佔據第二大地位。這主要是因為這裡有Caterpillar(美國)、迪爾公司(美國)和山貓公司(美國)等主要非公路設備製造商,以及派克漢尼汾(美國)和諾特公司(美國)等關鍵技術和零件供應商。Caterpillar(美國)和迪爾公司(美國)是施工機械和農業機械領域的美國者,以提供採用電液系統的挖土機、輪式裝載機和曳引機等設備而聞名。這些公司合計佔據全球施工機械市場 21% 以上的佔有率。

該地區的技術供應商正在為各種非公路設備開發先進的電液系統,製造商也擴大將這些系統整合到他們的設備中。零件供應商和OEM之間的這種合作在美洲非公路設備電液市場的成長中發揮關鍵作用。此外,該地區的建築、農業和物料輸送等行業對電動非公路設備的應用日益增加。隨著電液系統逐漸成為這些電動設備的標準配置,這一趨勢預計也將提振該地區的市場需求。

本報告研究了全球非公路用電動液壓動力供應市場,提供了按類型、設備類型、組件、地理位置和公司概況分類的市場詳細資訊。

目錄

第1章 引言

第2章調查方法

第3章執行摘要

第4章重要考察

第5章市場概述

  • 介紹
  • 市場動態
  • 人工智慧對非公路設備電液系統的影響
  • 技術分析
  • 非公路設備區域概覽
  • 案例研究分析
  • 影響客戶業務的趨勢和中斷
  • 定價分析
  • 生態系分析
  • 供應鏈分析
  • 專利分析
  • 投資金籌措場景
  • 監管狀況
  • 2025-2026 年重要會議與活動
  • 主要相關人員和採購標準
  • 電動液壓系統在非公路設備的應用。

6. 非公路用電動液壓設備市場(依類型)

  • 介紹
  • 傳統的
  • 非公路電動液壓設備市場(依推進型)
  • 關鍵見解

7. 非公路用電動液壓設備市場(依設備類型)

  • 介紹
  • 挖土機
  • 輪式裝載機和滑移裝載機
  • 農業曳引機
  • 後鏟式裝載機
  • 關鍵見解

8. 非公路用電動液壓系統市場(依組件)

  • 介紹
  • 液壓泵浦
  • 控制閥
  • 電動機
  • 油壓缸
  • 感應器
  • 電控系統(ECU)
  • 可程式邏輯控制器(PLC)
  • 業界考察

9. 堆高機電動液壓裝置市場(依組件)

  • 介紹
  • 液壓泵浦
  • 控制閥
  • 電動機
  • 油壓缸
  • 感應器
  • 電控系統(ECU)
  • 可程式邏輯控制器(PLC)
  • 業界考察

第10章非公路用電動液壓設備市場(按地區)

  • 介紹
  • 亞太地區
    • 宏觀經濟展望
    • 中國
    • 印度
    • 日本
    • 其他
  • 歐洲
    • 宏觀經濟展望
    • 德國
    • 法國
    • 西班牙
    • 英國
    • 其他
  • 美洲
    • 宏觀經濟展望
    • 美國
    • 加拿大
    • 墨西哥
    • 巴西
  • 業界考察

第11章競爭格局

  • 概述
  • 主要參與企業的策略/優勢,2021-2025
  • 2024年市場排名分析
  • 2020年至2024年排名前5的公司收益分析
  • 公司估值矩陣:2024 年主要參與企業
  • 公司評估
  • 財務指標
  • 品牌/產品比較
  • 配備電動液壓系統的非公路設備型號
  • 領先的電液元件供應商
  • 競爭場景

第12章 公司簡介

  • 主要參與企業
    • BOSCH REXROTH AG
    • DANFOSS
    • PARKER HANNIFIN CORP
    • AB VOLVO
    • NOTT COMPANY
    • POCLAIN
    • WALVOIL SPA
    • LHY POWERTRAIN GMBH & CO. KG.
    • POWER-PACKER EUROPA BV
    • KAWASAKI PRECISION MACHINERY, LTD
  • 其他公司
    • HYDAC INTERNATIONAL GMBH
    • HAWE HYDRAULIK SE
    • BUCHER HYDRAULICS
    • HELIOS TECHNOLOGIES
    • KYB CORPORATION
    • HUSCO INTERNATIONAL, INC.
    • DELTA POWER COMPANY
    • ARGO-HYTOS GROUP AG
    • YUKEN KOGYO CO., LTD.
    • JIANGSU HENGLI HYDRAULIC CO., LTD.

第13章市場建議

第14章 附錄

Product Code: AT 9471

The electro hydraulics market for off-highway equipment is projected to grow from 92,501 units in 2025 to 234,487 units by 2032 at a CAGR of 14.2%. The increasing demand for higher efficiency and productivity drives the market. Additionally, the need to adopt electric off-highway equipment is expected to propel the electro hydraulics market for off-highway equipment in the coming years.

Scope of the Report
Years Considered for the Study2021-2032
Base Year2024
Forecast Period2025-2032
Units ConsideredVolume (Units)
SegmentsBy Type; By Equipment Type; By Component; Forklifts, By Component; and By Region
Regions coveredAsia, Americas, and Europe

By type, the electric segment is projected to grow at a higher rate than the convention segment during the forecast period

The electrically actuated hydraulic systems market is projected to grow faster than conventional systems due to the growing demand for more innovative, efficient, and environmentally friendly equipment in the off-highway sector. Electro hydraulics' superior efficiency and fuel savings are key factors driving growth. These systems often use load-sensing and proportional valve technology to adjust pump output based on demand, reducing unnecessary energy use and lowering fuel consumption and emissions. Additionally, electro hydraulics support advanced features like precision farming in agriculture and semi-autonomous operations in construction and mining. These capabilities help operators work more accurately and productively, improving job site safety and enabling real-time performance tracking.

Despite higher initial costs and complexity, the long-term benefits of electro hydraulics, including fuel savings, automation potential, and compliance with environmental regulations, make them a future-ready solution. Major technology providers of electro hydraulic systems for off-highway equipment include Bosch Rexroth (Germany), Danfoss (Denmark), Parker Hannifin (US), Nott Company (US), and AB Volvo (Sweden).

By component, the control valves segment is projected to account for the largest share of the electro hydraulics market for off-highway equipment during the forecast period

The dominance of the control valves segment is driven by their critical role in regulating hydraulic fluid flow, direction, and pressure functions that are essential to the performance of any hydraulic system. While control valves have always been fundamental components in conventional hydraulics, their design and functionality have significantly evolved with the rise of electro hydraulic systems.

In traditional systems, where control valves were primarily hydraulic and were operated directly by the machine operator or through pilot pressure, modern electro hydraulic systems use solenoid-operated proportional and servo valves that are electronically controlled. Proportional valves allow variable control over pressure and flow, while servo valves offer precise, closed-loop control, often based on feedback from sensors and logic controllers. These functions are vital in equipment like excavators, wheel loaders, and agricultural tractors, where smooth, coordinated, and efficient operation of multiple hydraulic functions is required.

The adoption of valve banks has further boosted the demand for advanced control valves. These banks consist of several electronically actuated valves grouped, allowing centralized and simultaneous management of multiple actuators. They are widely used in complex off-highway equipment to achieve high levels of operational precision and efficiency.

Key global suppliers offering control valves for off-highway equipment are Parker Hannifin (US), Bosch Rexroth (Germany), Danfoss (Denmark), Kawasaki Precision Machinery (Japan), Poclain (France), Walvoil S.p.A. (Italy), and LHY Powertrain GmbH & Co. KG. (Germany).

The Americas is projected to be the second-largest electro hydraulics market for off-highway equipment during the forecast period

The US, Canada, Mexico, and Brazil have been considered for market analysis in the Americas region. The Americas is projected to account for the second-largest electro hydraulics market for off-highway equipment during the forecast period. This is majorly due to the presence of major technology and component suppliers, such as Parker Hannifin (US) and Nott Company (US), along with leading off-highway equipment manufacturers like Caterpillar (US), Deere & Company (US), and Bobcat Company (US). Caterpillar (US) and Deere & Company (US) are leaders in construction and agriculture machinery and are known for offering equipment like excavators, wheel loaders, and tractors that incorporate electro hydraulic systems. Together, these companies account for more than 21% in the global construction equipment market.

Technology providers in the region have developed advanced electrohydraulic systems tailored for various types of off-highway equipment, and manufacturers are increasingly integrating these systems into their machines. This collaboration between component suppliers and OEMs plays a key role in the growth of the electro hydraulics market for off-highway equipment in the Americas. Moreover, the region has witnessed high adoption of electrically propelled off-highway equipment across sectors, such as construction, agriculture, and material handling. Since electro hydraulic systems are standard in these electric machines, this trend is also expected to boost market demand in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.

Here's the breakdown of the interviews conducted:

  • By Company Type: Component Manufacturers - 70% and Off-highway OEMs - 30%
  • By Designation: C-Level Executives - 40%, Directors - 40%, and Others - 20%
  • By Region: North America - 20%, Europe - 30%, and Asia - 50%

Established players such as Bosch Rexroth (Germany), Danfoss (Denmark), Parker Hannifin (US), Nott Company (US), and AB Volvo (Sweden) lead the electro hydraulics market for off-highway equipment.

Key Benefits of Buying the Report:

This report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall electro hydraulics market for off-highway equipment and its subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the market's pulse and provide information on key market drivers, restraints, challenges, and opportunities.

The report further provides insights into the following points:

Market Dynamics: Analysis of key drivers (improved efficiency and precision to drive market, shortage of skilled/trained labor), opportunities (future potential for adoption in excavators and backhoes, and steady adoption of electric equipment where EH systems have higher adoption), and challenges (aftermarket retrofitting to challenge OEM offerings and maintenance challenges with electrohydraulic systems) influencing the electro hydraulics market for off-highway equipment.

Product Development/Innovation: Detailed insights into upcoming technologies, research & development activities, and products & services offered by players in the electro hydraulics market for off-highway equipment.

Market Development: Comprehensive information about the lucrative market and analysis of the electro hydraulics market for off-highway equipment across varied regions

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electro hydraulics market.

Competitive Assessment: In-depth assessment of market ranking, growth strategies, and service offerings of leading players like Bosch Rexroth (Germany), Danfoss (Denmark), Parker Hannifin (US), Nott Company (US), and AB Volvo (Sweden), in the electro hydraulics market for off-highway equipment.

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 STUDY SCOPE
    • 1.3.1 MARKET SEGMENTATION
    • 1.3.2 INCLUSIONS & EXCLUSIONS
  • 1.4 YEARS CONSIDERED
  • 1.5 CURRENCY CONSIDERED
  • 1.6 UNITS CONSIDERED
  • 1.7 KEY STAKEHOLDERS

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Secondary sources
      • 2.1.1.2 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Primary participants
    • 2.1.3 SAMPLING TECHNIQUES AND DATA COLLECTION METHODS
  • 2.2 MARKET SIZE ESTIMATION
    • 2.2.1 BOTTOM-UP APPROACH
  • 2.3 DATA TRIANGULATION
  • 2.4 FACTOR ANALYSIS
  • 2.5 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
  • 2.6 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT
  • 4.2 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE
  • 4.3 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COMPONENT
  • 4.4 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY TYPE
  • 4.5 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY PROPULSION
  • 4.6 ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY COMPONENT
  • 4.7 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    • 5.2.1 DRIVERS
      • 5.2.1.1 Need for improved efficiency and precision
      • 5.2.1.2 Shortage of skilled/trained labor
    • 5.2.2 RESTRAINTS
      • 5.2.2.1 High cost of electrohydraulic systems and components
    • 5.2.3 OPPORTUNITIES
      • 5.2.3.1 Future potential for adoption of electrohydraulic systems in excavators and backhoe loaders
      • 5.2.3.2 Rising adoption of electric equipment equipped with electro hydraulic systems
    • 5.2.4 CHALLENGES
      • 5.2.4.1 Maintenance of electrohydraulic systems
  • 5.3 IMPACT OF AI ON ELECTROHYDRAULIC SYSTEMS FOR OFF-HIGHWAY EQUIPMENT
  • 5.4 TECHNOLOGY ANALYSIS
    • 5.4.1 KEY TECHNOLOGIES
      • 5.4.1.1 Advancements in electrohydraulic steering systems
    • 5.4.2 COMPLEMENTARY TECHNOLOGIES
      • 5.4.2.1 Electrohydraulic actuation
    • 5.4.3 ADJACENT TECHNOLOGIES
      • 5.4.3.1 Integration of battery-powered hydraulic pumps
      • 5.4.3.2 Use of hybrid hydraulic systems for energy efficiency
      • 5.4.3.3 Smart valves in electrohydraulic systems
      • 5.4.3.4 Hydrogen-powered hydraulic systems
  • 5.5 REGIONAL OVERVIEW OF OFF-HIGHWAY EQUIPMENT
    • 5.5.1 CONSTRUCTION EQUIPMENT: ICE VS. ELECTRIC
    • 5.5.2 AGRICULTURAL EQUIPMENT: ICE VS. ELECTRIC
    • 5.5.3 FORKLIFTS: ICE VS. ELECTRIC
    • 5.5.4 MINING EQUIPMENT: ICE VS. ELECTRIC
  • 5.6 CASE STUDY ANALYSIS
    • 5.6.1 MAHA FLUID POWER RESEARCH CENTER DEVELOPED AND DEMONSTRATED NEXT-GENERATION ELECTROHYDRAULIC TECHNOLOGY FOR OFF-ROAD VEHICLES
    • 5.6.2 DEVELOPMENT OF INTEGRATED ELECTROHYDRAULIC MACHINE TO ELECTRIFY OFF-HIGHWAY VEHICLES
    • 5.6.3 DANFOSS POWER SOLUTIONS AND ROBBIE FLUID ENGINEERING REVOLUTIONIZED OFF-HIGHWAY VEHICLE HYDRAULICS WITH DIGITAL DISPLACEMENT TECHNOLOGY FOR ENHANCED EFFICIENCY AND DECARBONIZATION
    • 5.6.4 DESIGNING AND IMPLEMENTATION OF IEHEC-BASED ELECTROHYDRAULIC HYBRID ACTUATOR SYSTEM TO REPLACE CONVENTIONAL VALVE-CONTROLLED CIRCUITS
    • 5.6.5 SHANDONG LINGONG CONSTRUCTION MACHINERY COMPANY (SDLG) AND POCLAIN COLLABORATED TO ENHANCE PERFORMANCE, RELIABILITY, AND EFFICIENCY OF SDLG'S ROAD CONSTRUCTION MACHINERY
  • 5.7 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • 5.8 PRICING ANALYSIS
    • 5.8.1 AVERAGE SELLING PRICE OF KEY ELECTROHYDRAULIC COMPONENTS
    • 5.8.2 AVERAGE SELLING PRICE OF KEY COMPONENTS OF ELECTROHYDRAULIC SYSTEMS, BY REGION
  • 5.9 ECOSYSTEM ANALYSIS
  • 5.10 SUPPLY CHAIN ANALYSIS
  • 5.11 PATENT ANALYSIS
  • 5.12 INVESTMENT & FUNDING SCENARIO
  • 5.13 REGULATORY LANDSCAPE
    • 5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.14 KEY CONFERENCES & EVENTS, 2025-2026
  • 5.15 KEY STAKEHOLDERS & BUYING CRITERIA
    • 5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
    • 5.15.2 BUYING CRITERIA
  • 5.16 ADOPTION OF ELECTRO HYDRAULICS IN OFF-HIGHWAY EQUIPMENT

6 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY TYPE

  • 6.1 INTRODUCTION
  • 6.2 CONVENTIONAL
    • 6.2.1 LOW INITIAL COSTS AND RELIABILITY OF CONVENTIONAL SYSTEMS TO BOOST GROWTH
  • 6.3 ELECTRIC
    • 6.3.1 NEED FOR BETTER PRECISION AND FUEL ECONOMY TO DRIVE MARKET
  • 6.4 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY PROPULSION
    • 6.4.1 NEED TO IMPROVE ENERGY EFFICIENCY BY ELIMINATING UNNECESSARY HYDRAULIC FLOW PROPULSION TO DRIVE MARKET
  • 6.5 KEY PRIMARY INSIGHTS

7 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE

  • 7.1 INTRODUCTION
  • 7.2 EXCAVATORS
    • 7.2.1 DEMAND FOR INCREASED PRECISION AND REDUCED FUEL CONSUMPTION TO DRIVE MARKET
  • 7.3 WHEEL LOADERS & SKID STEER LOADERS
    • 7.3.1 NEED TO IMPROVE HANDLING OF MATERIALS TO DRIVE MARKET
  • 7.4 AGRICULTURAL TRACTORS
    • 7.4.1 FOCUS ON IMPROVING AGRICULTURAL EFFICIENCY TO DRIVE DEMAND
  • 7.5 BACKHOE LOADERS
    • 7.5.1 FOCUS ON ENHANCING SWITCH BETWEEN LOADERS AND DIGGING OPERATIONS TO DRIVE MARKET
  • 7.6 KEY PRIMARY INSIGHTS

8 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COMPONENT

  • 8.1 INTRODUCTION
  • 8.2 HYDRAULIC PUMPS
    • 8.2.1 DEMAND FOR INCREASED EFFICIENCY OF HYDRAULIC SYSTEMS TO BOOST GROWTH
    • 8.2.2 KEY SUPPLIERS OF HYDRAULIC PUMPS
    • 8.2.3 AVERAGE NUMBER OF HYDRAULIC PUMPS USED IN OFF-HIGHWAY EQUIPMENT
    • 8.2.4 AVERAGE PRICE RANGE OF HYDRAULIC PUMPS USED IN ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024
  • 8.3 CONTROL VALVES
    • 8.3.1 ADVANCEMENTS IN SOLENOID-OPERATED VALVES TO DRIVE MARKET
    • 8.3.2 KEY SUPPLIERS OF CONTROL VALVES
    • 8.3.3 AVERAGE NUMBER OF CONTROL VALVES USED IN OFF-HIGHWAY EQUIPMENT
    • 8.3.4 AVERAGE PRICE RANGE OF CONTROL VALVES USED IN ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024
  • 8.4 ELECTRIC MOTORS
    • 8.4.1 INCREASING ADOPTION OF ELECTRICALLY-PROPELLED EQUIPMENT TO DRIVE MARKET
    • 8.4.2 KEY SUPPLIERS OF ELECTRIC MOTORS
    • 8.4.3 AVERAGE NUMBER OF ELECTRIC MOTORS USED IN OFF-HIGHWAY EQUIPMENT
    • 8.4.4 AVERAGE PRICE RANGE OF ELECTRIC MOTORS USED IN ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024
  • 8.5 HYDRAULIC CYLINDERS
    • 8.5.1 GROWING DEMAND FOR OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET
    • 8.5.2 KEY SUPPLIERS OF HYDRAULIC CYLINDERS
    • 8.5.3 AVERAGE NUMBER OF HYDRAULIC CYLINDERS USED IN OFF-HIGHWAY EQUIPMENT
    • 8.5.4 AVERAGE PRICE RANGE OF HYDRAULIC CYLINDERS USED IN ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024
  • 8.6 SENSORS
    • 8.6.1 NEED FOR MONITORING, CONTROLLING, AND OPTIMIZING PERFORMANCE OF HYDRAULIC SYSTEMS TO DRIVE MARKET
    • 8.6.2 KEY SUPPLIERS OF SENSORS
    • 8.6.3 AVERAGE NUMBER OF SENSORS USED IN OFF-HIGHWAY EQUIPMENT
    • 8.6.4 AVERAGE PRICE RANGE OF SENSORS USED IN ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024
  • 8.7 ELECTRONIC CONTROL UNIT (ECU)
    • 8.7.1 FOCUS ON IMPROVING CONTROL, FEEDBACK, AND EFFICIENCY OF OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET
    • 8.7.2 KEY SUPPLIERS OF ELECTRONIC CONTROL UNITS (ECUS)
    • 8.7.3 AVERAGE NUMBER OF ELECTRONIC CONTROL UNITS (ECUS) USED IN OFF-HIGHWAY EQUIPMENT
    • 8.7.4 AVERAGE PRICE RANGE OF ELECTRONIC CONTROL UNITS (ECUS) USED IN ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024
  • 8.8 PROGRAMMABLE LOGIC CONTROLLER (PLC)
    • 8.8.1 FOCUS ON AUTOMATION, FLEXIBILITY, AND REAL-TIME OPTIMIZATION TO SPUR DEMAND
    • 8.8.2 KEY SUPPLIERS OF PROGRAMMABLE LOGIC CONTROLLERS (PLCS)
    • 8.8.3 AVERAGE NUMBER OF PROGRAMMABLE LOGIC CONTROLLERS (PLCS) USED IN OFF-HIGHWAY EQUIPMENT
  • 8.9 INDUSTRY INSIGHTS

9 ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY COMPONENT

  • 9.1 INTRODUCTION
  • 9.2 HYDRAULIC PUMPS
    • 9.2.1 DEVELOPMENTS IN SELF-ACTUATION AND VARIABLE FLOW PUMPS TO DRIVE GROWTH
  • 9.3 CONTROL VALVES
    • 9.3.1 ADVANCEMENTS IN PROPORTIONAL VALVE TECHNOLOGY TO DRIVE MARKET
  • 9.4 ELECTRIC MOTORS
    • 9.4.1 GLOBAL DOMINANCE OF ELECTRIC FORKLIFTS TO DRIVE MARKET
  • 9.5 HYDRAULIC CYLINDERS
    • 9.5.1 GROWING DEMAND FOR FORKLIFTS TO DRIVE MARKET GROWTH
  • 9.6 SENSORS
    • 9.6.1 DEMAND FOR PRECISE OPERATIONAL CONTROL TO DRIVE MARKET
  • 9.7 ELECTRONIC CONTROL UNIT (ECU)
    • 9.7.1 NEED FOR BETTER CONTROL OF SENSORS TO DRIVE MARKET
  • 9.8 PROGRAMMABLE LOGIC CONTROLLER (PLC)
    • 9.8.1 RISE IN DEMAND FOR AUTOMATION TO DRIVE GROWTH
  • 9.9 INDUSTRY INSIGHTS

10 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION

  • 10.1 INTRODUCTION
  • 10.2 ASIA PACIFIC
    • 10.2.1 MACROECONOMIC OUTLOOK
    • 10.2.2 CHINA
      • 10.2.2.1 Growth in construction and mining industries to drive market
    • 10.2.3 INDIA
      • 10.2.3.1 Adoption of electrohydraulic technology in excavators and agricultural tractors to drive market
    • 10.2.4 JAPAN
      • 10.2.4.1 Presence of key OEMs, technological innovations, and increasing infrastructural development to drive market
    • 10.2.5 REST OF ASIA PACIFIC
  • 10.3 EUROPE
    • 10.3.1 MACROECONOMIC OUTLOOK
    • 10.3.2 GERMANY
      • 10.3.2.1 Robust growth in construction industry to drive market
    • 10.3.3 FRANCE
      • 10.3.3.1 Growth in agriculture and construction industries to drive market
    • 10.3.4 SPAIN
      • 10.3.4.1 Growth in agriculture and forklift industries to drive market
    • 10.3.5 UK
      • 10.3.5.1 Presence of key OEMs to drive market
    • 10.3.6 REST OF EUROPE
  • 10.4 AMERICAS
    • 10.4.1 MACROECONOMIC OUTLOOK
    • 10.4.2 US
      • 10.4.2.1 Presence of key OEMs and technology providers to drive market
    • 10.4.3 CANADA
      • 10.4.3.1 Rising trend toward electrification to drive market
    • 10.4.4 MEXICO
      • 10.4.4.1 Developing agricultural industry to drive market
    • 10.4.5 BRAZIL
      • 10.4.5.1 Rapid progress of construction industry to drive market
  • 10.5 INDUSTRY INSIGHTS

11 COMPETITIVE LANDSCAPE

  • 11.1 OVERVIEW
  • 11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2025
  • 11.3 MARKET RANKING ANALYSIS, 2024
  • 11.4 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020-2024
  • 11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
    • 11.5.1 STARS
    • 11.5.2 EMERGING LEADERS
    • 11.5.3 PERVASIVE PLAYERS
    • 11.5.4 PARTICIPANTS
    • 11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2O24
      • 11.5.5.1 Company footprint
      • 11.5.5.2 Region footprint
      • 11.5.5.3 Type footprint
      • 11.5.5.4 Component footprint
      • 11.5.5.5 Equipment type footprint
  • 11.6 COMPANY VALUATION
  • 11.7 FINANCIAL METRICS
  • 11.8 BRAND/PRODUCT COMPARISON
  • 11.9 OFF-HIGHWAY EQUIPMENT MODELS EQUIPPED WITH ELECTROHYDRAULIC SYSTEMS
  • 11.10 KEY SUPPLIERS OF ELECTROHYDRAULIC COMPONENTS
  • 11.11 COMPETITIVE SCENARIO
    • 11.11.1 PRODUCT LAUNCHES/DEVELOPMENTS
    • 11.11.2 DEALS
    • 11.11.3 EXPANSION
    • 11.11.4 OTHER DEVELOPMENTS

12 COMPANY PROFILES

  • 12.1 KEY PLAYERS
    • 12.1.1 BOSCH REXROTH AG
      • 12.1.1.1 Business overview
      • 12.1.1.2 Products offered
      • 12.1.1.3 Recent developments
        • 12.1.1.3.1 Product launches/developments
        • 12.1.1.3.2 Deals
        • 12.1.1.3.3 Expansion
      • 12.1.1.4 MnM view
        • 12.1.1.4.1 Key strengths
        • 12.1.1.4.2 Strategic choices
        • 12.1.1.4.3 Weaknesses and competitive threats
    • 12.1.2 DANFOSS
      • 12.1.2.1 Business overview
      • 12.1.2.2 Products offered
      • 12.1.2.3 Recent developments
        • 12.1.2.3.1 Deals
        • 12.1.2.3.2 Expansion
      • 12.1.2.4 MnM view
        • 12.1.2.4.1 Key strengths
        • 12.1.2.4.2 Strategic choices
        • 12.1.2.4.3 Weaknesses and competitive threats
    • 12.1.3 PARKER HANNIFIN CORP
      • 12.1.3.1 Business overview
      • 12.1.3.2 Products offered
      • 12.1.3.3 Recent developments
        • 12.1.3.3.1 Product launches/developments
        • 12.1.3.3.2 Deals
        • 12.1.3.3.3 Expansion
      • 12.1.3.4 MnM view
        • 12.1.3.4.1 Key strengths
        • 12.1.3.4.2 Strategic choices
        • 12.1.3.4.3 Weaknesses and competitive threats
    • 12.1.4 AB VOLVO
      • 12.1.4.1 Business overview
      • 12.1.4.2 Products offered
      • 12.1.4.3 Recent developments
        • 12.1.4.3.1 Product launches/developments
        • 12.1.4.3.2 Deals
      • 12.1.4.4 MnM view
        • 12.1.4.4.1 Key strengths
        • 12.1.4.4.2 Strategic choices
        • 12.1.4.4.3 Weaknesses and competitive threats
    • 12.1.5 NOTT COMPANY
      • 12.1.5.1 Business overview
      • 12.1.5.2 Products offered
      • 12.1.5.3 Recent developments
        • 12.1.5.3.1 Product launches/developments
        • 12.1.5.3.2 Deals
        • 12.1.5.3.3 Expansion
        • 12.1.5.3.4 Other developments
      • 12.1.5.4 MnM view
        • 12.1.5.4.1 Key strengths
        • 12.1.5.4.2 Strategic choices
        • 12.1.5.4.3 Weaknesses and competitive threats
    • 12.1.6 POCLAIN
      • 12.1.6.1 Business overview
      • 12.1.6.2 Products offered
      • 12.1.6.3 Recent developments
        • 12.1.6.3.1 Product launches/developments
        • 12.1.6.3.2 Expansion
    • 12.1.7 WALVOIL S.P.A.
      • 12.1.7.1 Business overview
      • 12.1.7.2 Products offered
      • 12.1.7.3 Recent developments
        • 12.1.7.3.1 Product launches/developments
        • 12.1.7.3.2 Expansion
    • 12.1.8 LHY POWERTRAIN GMBH & CO. KG.
      • 12.1.8.1 Business overview
      • 12.1.8.2 Products offered
      • 12.1.8.3 Recent developments
        • 12.1.8.3.1 Product launches/developments
    • 12.1.9 POWER-PACKER EUROPA B.V.
      • 12.1.9.1 Business overview
      • 12.1.9.2 Products offered
    • 12.1.10 KAWASAKI PRECISION MACHINERY, LTD
      • 12.1.10.1 Business overview
      • 12.1.10.2 Products offered
  • 12.2 OTHER PLAYERS
    • 12.2.1 HYDAC INTERNATIONAL GMBH
    • 12.2.2 HAWE HYDRAULIK SE
    • 12.2.3 BUCHER HYDRAULICS
    • 12.2.4 HELIOS TECHNOLOGIES
    • 12.2.5 KYB CORPORATION
    • 12.2.6 HUSCO INTERNATIONAL, INC.
    • 12.2.7 DELTA POWER COMPANY
    • 12.2.8 ARGO-HYTOS GROUP AG
    • 12.2.9 YUKEN KOGYO CO., LTD.
    • 12.2.10 JIANGSU HENGLI HYDRAULIC CO., LTD.

13 RECOMMENDATIONS BY MARKETSANDMARKETS

  • 13.1 ASIA PACIFIC TO WITNESS ROBUST GROWTH IN ADOPTION OF ELECTROHYDRAULIC SYSTEMS FOR OFF-HIGHWAY VEHICLES
  • 13.2 EXCAVATORS AND WHEEL LOADERS SEGMENTS TO DRIVE GROWTH OF ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT
  • 13.3 CONCLUSION

14 APPENDIX

  • 14.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 14.2 DISCUSSION GUIDE
  • 14.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 14.4 CUSTOMIZATION OPTIONS
    • 14.4.1 ELECTRO HYDRAULIC COMPONENTS MARKET, BY EQUIPMENT TYPE AT COUNTRY LEVEL
    • 14.4.2 ELECTRO HYDRAULICS MARKET FOR ELECTRIC OFF-HIGHWAY EQUIPMENT, AT COUNTRY LEVEL
  • 14.5 RELATED REPORTS
  • 14.6 AUTHOR DETAILS

List of Tables

  • TABLE 1 EXCHANGE RATES, 2021-2024
  • TABLE 2 CONVENTIONAL HYDRAULICS VS. ELECTRO HYDRAULICS: COMPONENT-WISE COMPARISON
  • TABLE 3 NUMBER OF ICE CONSTRUCTION EQUIPMENT TYPES, BY REGION, 2025 (UNITS)
  • TABLE 4 NUMBER OF ELECTRIC CONSTRUCTION EQUIPMENT TYPES, BY REGION, 2025 (UNITS)
  • TABLE 5 NUMBER OF ICE COMPACT CONSTRUCTION EQUIPMENT TYPES, BY REGION, 2025 (UNITS)
  • TABLE 6 NUMBER OF ELECTRIC COMPACT CONSTRUCTION EQUIPMENT TYPES, BY REGION, 2025 (UNITS)
  • TABLE 7 NUMBER OF AGRICULTURAL TRACTORS EQUIPPED WITH ICE AND ELECTRIC PROPULSION TYPES, BY REGION, 2025 (UNITS)
  • TABLE 8 FORKLIFTS EQUIPPED WITH PROPULSION TYPES, BY REGION, 2025 (UNITS)
  • TABLE 9 MINING EQUIPMENT EQUIPPED WITH PROPULSION TYPES, BY REGION, 2025 (UNITS)
  • TABLE 10 AVERAGE SELLING PRICE OF KEY ELECTROHYDRAULIC COMPONENTS, 2024 (USD)
  • TABLE 11 AVERAGE SELLING PRICE OF KEY COMPONENTS OF ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024 (USD)
  • TABLE 12 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 13 PATENTS PUBLISHED, 2017-2024
  • TABLE 14 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 15 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 16 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 17 KEY CONFERENCES & EVENTS, 2025-2026
  • TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE (%)
  • TABLE 19 KEY BUYING CRITERIA FOR HYDRAULIC SYSTEMS, BY TYPE
  • TABLE 20 HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY TYPE, 2021-2024 (UNITS)
  • TABLE 21 HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY TYPE, 2025-2032 (UNITS)
  • TABLE 22 CONVENTIONAL HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 23 CONVENTIONAL HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 24 ELECTRIC HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 25 ELECTRIC HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 26 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY PROPULSION, 2021-2024 (UNITS)
  • TABLE 27 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY PROPULSION, 2025-2032 (UNITS)
  • TABLE 28 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 29 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 30 EXCAVATORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 31 EXCAVATORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 32 WHEEL LOADERS & SKID STEER LOADERS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 33 WHEEL LOADERS & SKID STEER LOADERS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 34 AGRICULTURAL TRACTORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 35 AGRICULTURAL TRACTORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 36 BACKHOE LOADERS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 37 BACKHOE LOADERS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 38 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COMPONENT, 2021-2024 (THOUSAND UNITS)
  • TABLE 39 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COMPONENT, 2025-2032 (THOUSAND UNITS)
  • TABLE 40 HYDRAULIC PUMPS: ELECTRO-HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 41 HYDRAULIC PUMPS: ELECTRO-HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 42 CONTROL VALVES: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 43 CONTROL VALVES: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 44 ELECTRIC MOTORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 45 ELECTRIC MOTORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 46 HYDRAULIC CYLINDERS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 47 HYDRAULIC CYLINDERS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 48 SENSORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 49 SENSORS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 50 ELECTRONIC CONTROL UNIT (ECU): ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 51 ELECTRONIC CONTROL UNIT (ECU): ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 52 PROGRAMMABLE LOGIC CONTROLLER (PLC): ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 53 PROGRAMMABLE LOGIC CONTROLLER (PLC): ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 54 ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY COMPONENT, 2021-2024 (THOUSAND UNITS)
  • TABLE 55 ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY COMPONENT, 2025-2032 (THOUSAND UNITS)
  • TABLE 56 HYDRAULIC PUMPS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 57 HYDRAULIC PUMPS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 58 CONTROL VALVES: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 59 CONTROL VALVES: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 60 ELECTRIC MOTORS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 61 ELECTRIC MOTORS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 62 HYDRAULIC CYLINDERS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 63 HYDRAULIC CYLINDERS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 64 SENSORS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 65 SENSORS: ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 66 ELECTRONIC CONTROL UNIT (ECU): ELECTRO-HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 67 ELECTRONIC CONTROL UNIT (ECU): ELECTRO-HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 68 PROGRAMMABLE LOGIC CONTROLLER (PLC): ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2021-2024 (THOUSAND UNITS)
  • TABLE 69 PROGRAMMABLE LOGIC CONTROLLER (PLC): ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY REGION, 2025-2032 (THOUSAND UNITS)
  • TABLE 70 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2021-2024 (UNITS)
  • TABLE 71 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025-2032 (UNITS)
  • TABLE 72 ASIA PACIFIC: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY/REGION, 2021-2024 (UNITS)
  • TABLE 73 ASIA PACIFIC: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY/REGION, 2025-2032 (UNITS)
  • TABLE 74 CHINA: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 75 CHINA: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 76 INDIA: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 77 INDIA: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 78 JAPAN: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 79 JAPAN: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 80 REST OF ASIA PACIFIC: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 81 REST OF ASIA PACIFIC: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 82 EUROPE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY/REGION, 2021-2024 (UNITS)
  • TABLE 83 EUROPE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY/REGION, 2025-2032 (UNITS)
  • TABLE 84 GERMANY: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 85 GERMANY: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 86 FRANCE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 87 FRANCE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 88 SPAIN: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 89 SPAIN: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 90 UK: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 91 UK: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 92 REST OF EUROPE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 93 REST OF EUROPE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 94 AMERICAS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY, 2021-2024 (UNITS)
  • TABLE 95 AMERICAS: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY, 2025-2032 (UNITS)
  • TABLE 96 US: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 97 US: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 98 CANADA: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 99 CANADA: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 100 MEXICO: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 101 MEXICO: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 102 BRAZIL: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2021-2024 (UNITS)
  • TABLE 103 BRAZIL: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025-2032 (UNITS)
  • TABLE 104 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2025
  • TABLE 105 REGION FOOTPRINT
  • TABLE 106 TYPE FOOTPRINT
  • TABLE 107 COMPONENT FOOTPRINT
  • TABLE 108 EQUIPMENT TYPE FOOTPRINT
  • TABLE 109 OFF-HIGHWAY EQUIPMENT MODELS EQUIPPED WITH ELECTROHYDRAULIC SYSTEMS
  • TABLE 110 KEY SUPPLIERS OF ELECTROHYDRAULIC COMPONENTS
  • TABLE 111 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT: PRODUCT LAUNCHES/DEVELOPMENTS, JUNE 2021- MARCH 2025
  • TABLE 112 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT: DEALS, JUNE 2021-MARCH 2025
  • TABLE 113 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT: EXPANSION, JUNE 2021-MARCH 2025
  • TABLE 114 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT: OTHER DEVELOPMENTS, JUNE 2021-MARCH 2025
  • TABLE 115 BOSCH REXROTH AG: COMPANY OVERVIEW
  • TABLE 116 BOSCH REXROTH AG: PRODUCTS OFFERED
  • TABLE 117 BOSCH REXROTH AG: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 118 BOSCH REXROTH AG: DEALS
  • TABLE 119 BOSCH REXROTH AG: EXPANSION
  • TABLE 120 DANFOSS: COMPANY OVERVIEW
  • TABLE 121 DANFOSS: PRODUCTS OFFERED
  • TABLE 122 DANFOSS: DEALS
  • TABLE 123 DANFOSS: EXPANSION
  • TABLE 124 PARKER HANNIFIN CORP: COMPANY OVERVIEW
  • TABLE 125 PARKER HANNIFIN CORP: PRODUCTS OFFERED
  • TABLE 126 PARKER HANNIFIN CORP: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 127 PARKER HANNIFIN CORP: DEALS
  • TABLE 128 PARKER HANNIFIN CORP: EXPANSION
  • TABLE 129 AB VOLVO: COMPANY OVERVIEW
  • TABLE 130 AB VOLVO: PRODUCTS OFFERED
  • TABLE 131 AB VOLVO: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 132 AB VOLVO: DEALS
  • TABLE 133 NOTT COMPANY: COMPANY OVERVIEW
  • TABLE 134 NOTT COMPANY: PRODUCTS OFFERED
  • TABLE 135 NOTT COMPANY: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 136 NOTT COMPANY: DEALS
  • TABLE 137 NOTT COMPANY: EXPANSION
  • TABLE 138 NOTT COMPANY: OTHER DEVELOPMENTS
  • TABLE 139 POCLAIN: COMPANY OVERVIEW
  • TABLE 140 POCLAIN: PRODUCTS OFFERED
  • TABLE 141 POCLAIN: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 142 POCLAIN: EXPANSION
  • TABLE 143 WALVOIL S.P.A.: COMPANY OVERVIEW
  • TABLE 144 WALVOIL S.P.A.: PRODUCTS OFFERED
  • TABLE 145 WALVOIL S.P.A.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 146 WALVOIL S.P.A.: EXPANSION
  • TABLE 147 LHY POWERTRAIN GMBH & CO. KG.: COMPANY OVERVIEW
  • TABLE 148 LHY POWERTRAIN GMBH & CO. KG.: PRODUCTS OFFERED
  • TABLE 149 LHY POWERTRAIN GMBH & CO. KG.: PRODUCT LAUNCHES/DEVELOPMENTS
  • TABLE 150 POWER-PACKER EUROPA B.V.: COMPANY OVERVIEW
  • TABLE 151 POWER-PACKER EUROPA B.V.: PRODUCTS OFFERED
  • TABLE 152 KAWASAKI PRECISION MACHINERY LTD: COMPANY OVERVIEW
  • TABLE 153 KAWASAKI PRECISION MACHINERY LTD: PRODUCTS OFFERED
  • TABLE 154 HYDAC INTERNATIONAL GMBH: COMPANY OVERVIEW
  • TABLE 155 HAWE HYDRAULIK SE: COMPANY OVERVIEW
  • TABLE 156 BUCHER HYDRAULICS: COMPANY OVERVIEW
  • TABLE 157 HELIOS TECHNOLOGIES: COMPANY OVERVIEW
  • TABLE 158 KYB CORPORATION: COMPANY OVERVIEW
  • TABLE 159 HUSCO INTERNATIONAL, INC.: COMPANY OVERVIEW
  • TABLE 160 DELTA POWER COMPANY: COMPANY OVERVIEW
  • TABLE 161 ARGO-HYTOS GROUP AG: COMPANY OVERVIEW
  • TABLE 162 YUKEN KOGYO CO., LTD.: COMPANY OVERVIEW
  • TABLE 163 JIANGSU HENGLI HYDRAULIC CO., LTD.: COMPANY OVERVIEW

List of Figures

  • FIGURE 1 RESEARCH DESIGN
  • FIGURE 2 RESEARCH METHODOLOGY MODEL
  • FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS
  • FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
  • FIGURE 5 BOTTOM-UP APPROACH FOR ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT (BY EQUIPMENT TYPE, COMPONENT TYPE, COUNTRY LEVEL, AND REGION)
  • FIGURE 6 DATA TRIANGULATION
  • FIGURE 7 DEMAND- AND SUPPLY-SIDE FACTOR ANALYSIS
  • FIGURE 8 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT OVERVIEW
  • FIGURE 9 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY REGION, 2025 VS. 2032 (UNITS)
  • FIGURE 10 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025 VS. 2032 (UNITS)
  • FIGURE 11 INCREASING DEMAND FOR FUEL EFFICIENCY, PRECISION, AND ENERGY SAVINGS IN OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET
  • FIGURE 12 EXCAVATORS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 13 CONTROL VALVES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 14 CONVENTIONAL SEGMENT TO ACCOUNT FOR LARGER SHARE THAN ELECTRIC SEGMENT DURING FORECAST PERIOD
  • FIGURE 15 ICE SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 16 CONTROL VALVES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 17 EUROPE TO BE DOMINANT REGION DURING FORECAST PERIOD
  • FIGURE 18 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 19 CONSTRUCTION EQUIPMENT: ICE VS. ELECTRIC, 2025 (UNITS)
  • FIGURE 20 COMPACT CONSTRUCTION EQUIPMENT: ICE VS. ELECTRIC, 2025 (UNITS)
  • FIGURE 21 AGRICULTURAL TRACTORS: ICE VS. ELECTRIC, 2025 (UNITS)
  • FIGURE 22 FORKLIFTS: ICE VS. ELECTRIC, 2025 (UNITS)
  • FIGURE 23 MINING EQUIPMENT: ICE VS. ELECTRIC, 2025 (UNITS)
  • FIGURE 24 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
  • FIGURE 25 AVERAGE SELLING PRICE OF ELECTROHYDRAULIC COMPONENTS, 2024 (USD)
  • FIGURE 26 AVERAGE SELLING PRICE OF KEY COMPONENTS OF ELECTROHYDRAULIC SYSTEMS, BY REGION, 2024 (USD)
  • FIGURE 27 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT ECOSYSTEM
  • FIGURE 28 ECOSYSTEM ANALYSIS
  • FIGURE 29 SUPPLY CHAIN ANALYSIS
  • FIGURE 30 PATENTS GRANTED, 2013-2024
  • FIGURE 31 INVESTMENT & FUNDING SCENARIO, 2021-2025 (USD BILLION)
  • FIGURE 32 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE
  • FIGURE 33 KEY BUYING CRITERIA FOR HYDRAULIC SYSTEMS, BY TYPE
  • FIGURE 34 SALES AND PERCENTAGE ADOPTION OF ELECTRO HYDRAULICS IN OFF-HIGHWAY EQUIPMENT
  • FIGURE 35 HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY TYPE, 2025 VS. 2032 (UNITS)
  • FIGURE 36 ELECTRO HYDRAULICS MARKET, BY PROPULSION, 2025 VS. 2032 (UNITS)
  • FIGURE 37 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY EQUIPMENT TYPE, 2025 VS. 2032 (UNITS)
  • FIGURE 38 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COMPONENT, 2025 VS. 2032 (THOUSAND UNITS)
  • FIGURE 39 ELECTRO HYDRAULICS MARKET FOR FORKLIFTS, BY COMPONENT, 2025 VS. 2032 (THOUSAND UNITS)
  • FIGURE 40 EUROPE TO LEAD MARKET DURING FORECAST PERIOD
  • FIGURE 41 ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024-2026
  • FIGURE 42 ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024-2026 (USD)
  • FIGURE 43 ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024-2026
  • FIGURE 44 ASIA PACIFIC: MANUFACTURING INDUSTRY'S CONTRIBUTION TO GDP, 2024 (USD TRILLION)
  • FIGURE 45 ASIA PACIFIC: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT, BY COUNTRY/REGION, 2025 VS. 2032 (UNITS)
  • FIGURE 46 EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024-2026
  • FIGURE 47 EUROPE: GDP PER CAPITA, BY COUNTRY, 2024-2026
  • FIGURE 48 EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024-2026
  • FIGURE 49 EUROPE: MANUFACTURING INDUSTRY'S CONTRIBUTION TO GDP, 2024 (USD TRILLION)
  • FIGURE 50 EUROPE: ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT SNAPSHOT
  • FIGURE 51 AMERICAS: REAL GDP GROWTH RATE, BY COUNTRY, 2024-2026
  • FIGURE 52 AMERICAS: GDP PER CAPITA, BY COUNTRY, 2024-2026 (USD)
  • FIGURE 53 AMERICAS: INFLATION RATE AVERAGE CONSUMER PRICES, BY COUNTRY, 2024-2026
  • FIGURE 54 AMERICAS: MANUFACTURING INDUSTRY'S CONTRIBUTION TO GDP, 2024 (USD TRILLION)
  • FIGURE 55 AMERICAS: ELECTRO HYDRAULICS MARKET SNAPSHOT
  • FIGURE 56 MARKET RANKING OF MANUFACTURERS OF KEY ELECTRO HYDRAULICS, 2024
  • FIGURE 57 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020-2024 (USD BILLION)
  • FIGURE 58 ELECTRO HYDRAULICS MARKET FOR OFF-HIGHWAY EQUIPMENT: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
  • FIGURE 59 COMPANY FOOTPRINT
  • FIGURE 60 COMPANY VALUATION, 2024 (USD BILLION)
  • FIGURE 61 FINANCIAL METRICS, 2024
  • FIGURE 62 BRAND/PRODUCT COMPARISON
  • FIGURE 63 BOSCH REXROTH AG.: COMPANY SNAPSHOT
  • FIGURE 64 DANFOSS: COMPANY SNAPSHOT
  • FIGURE 65 PARKER HANNIFIN CORP: COMPANY SNAPSHOT
  • FIGURE 66 AB VOLVO: COMPANY SNAPSHOT