8/13/2025, 10:30:00 AM | www.globenewswire.com | news
U.S. Hydraulic Power Unit Market Size to Reach USD 4.85 Billion by 2033
The U.S. hydraulic power unit (HPU) market was valued at $2.92 billion in 2024 and is projected to reach $4.85 billion by 2033, growing at a CAGR of 5.89% from 2025 to 2033. Driven by industrial automation, infrastructure modernization, and a shift toward electrification, demand is rising across construction, agriculture, aerospace, and renewable energy sectors. Key trends include integration of IoT and AI for predictive maintenance, development of energy-efficient and biodegradable fluids, and innovation in smart, modular HPUs. Major players such as Eaton, Danfoss, Parker Hannifin, and Bosch Rexroth are launching advanced products and expanding capabilities. The market is supported by significant capital investment in new industrial facilities, government infrastructure funding, and robust equipment sales in construction and agriculture.