The India hydraulic pump market size reached USD 325.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 477.6 Million by 2033, exhibiting a growth rate (CAGR) of 4.4% during 2025-2033. The market is driven by increasing demand for energy-efficient solutions, government initiatives promoting sustainability, and the growing adoption of hydraulic systems in agriculture and construction. Infrastructure development projects, mechanization in farming, and advancements in IoT-enabled hydraulic technologies further propel India hydraulic pump market growth, creating opportunities for cost-effective and high-performance hydraulic pump solutions.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 325.6 Million |
Market Forecast in 2033 | USD 477.6 Million |
Market Growth Rate 2025-2033 | 4.4% |
Increasing Demand for Energy-Efficient Hydraulic Pumps
The significant shift towards energy-efficient solutions, driven by rising energy costs and growing environmental concerns, is favoring the India hydraulic pump market share. Industries such as construction, agriculture, and manufacturing are increasingly adopting hydraulic pumps that consume less power while maintaining high performance. Government initiatives promoting sustainable practices and energy conservation are further fueling this trend. By December 2024, India's Swachh Bharat Mission-Grameen Phase II has shown a significant 460% increase in the total number of ODF Plus villages, amounting to 561,000. At the same time, it has also enabled 150 million rural tap water connections through the Jal Jeevan Mission. In this regard, these government initiatives play a crucial role in the adoption of sustainable water management, sanitation, and infrastructure, which is an essential component of the market. Further, industries are targeting the development of new generation hydraulic pumps with provisions for variable speed drives and smart controls to reduce energy consumption. On the other hand, incorporation of IoT and automation into hydraulic systems is also making real-time energy management and monitoring possible, promoting efficient working. The trend will further pick up pace as sectors become inclined to lower their carbon footprint as well as their operation expenses.
Rising Adoption of Hydraulic Pumps in Agriculture and Construction
The India hydraulic pump market outlook is experiencing robust growth due to the increasing adoption of hydraulic systems in the agriculture and construction sectors. According to a research report by IMARC Group, the Indian agritech market reached a value of USD 878.1 Million in 2024. The market is expected to reach USD 6,152.3 Million by 2033, growing at a 10.93% CAGR during the forecast period 2025-2033. In agriculture, hydraulic pumps are essential for modern machinery such as tractors, harvesters, and irrigation systems, which are becoming more prevalent as farmers embrace mechanization to improve productivity. Similarly, the construction industry is witnessing a rise in infrastructure projects, including roads, bridges, and urban development, thereby driving the demand for hydraulic pumps in equipment, including excavators, cranes, and loaders. The government’s focus on initiatives such as "Make in India" and investments in infrastructure development are further propelling this trend. Additionally, the availability of cost-effective and durable hydraulic pumps tailored to local requirements is enhancing their adoption. As these sectors continue to expand, the demand for hydraulic pumps is expected to grow significantly, creating lucrative opportunities for market players.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on product type, pressure range, application, and end user.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes gear pump, vane pump, and piston pump.
Pressure Range Insights:
A detailed breakup and analysis of the market based on the pressure range have also been provided in the report. This includes up to 600 PSI, 601 PSI–1000 PSI, and more than 1000 PSI.
Application Insights:
The report has provided a detailed breakup and analysis of the market based on the application. This includes mobile application and industrial application.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes construction, mining, agriculture, machinery, oil and gas, chemicals and petrochemicals, and automotive.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Product Types Covered | Gear Pump, Vane Pump, Piston Pump |
Pressure Ranges Covered | Up to 600 PSI, 601 PSI–1000 PSI, More than 1000 PSI |
Applications Covered | Mobile Application, Industrial Application |
End Users Covered | Construction, Mining, Agriculture, Machinery, Oil and Gas, Chemicals and Petrochemicals, Automotive |
Regions Covered | North India, South India, East India, West India |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: