The Global Electrohydraulic Pumps Market size was estimated at $1327 Million in 2022 and is expected to reach $3458 Million by 2027, growing at a CAGR of 9.24% during the forecast period of 2022 to 2030.

Electrohydraulic Pumps Market Overview:

Electro-Hydraulic Pumps (EHPs) are advanced versions of hydraulic pumps that reduce emissions and fuel consumption. Electro hydraulic pumps are primarily designed or developed for all electric mobile applications and hybrid electric applications.

The electro-hydraulic pump system consists of an electric motor connected directly to a hydraulic pump and controlled by a high-performance mobile reinforced drive.

The global electro-hydraulic pump market is expected to expand at a rapid rate during the forecast period owing to the growing demand for electro-hydraulic pumps in various applications such as electric power steering, electro-hydraulic systems and circuits.

Electrohydraulic Pumps market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Electrohydraulic Pumps market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Segments Covered in Electrohydraulic Pumps Market Research:

Market Key Players:
Bosch Rexroth AG, Allied Motion, Parker Hannifin Corporation, Vetus Inc., Cembre S.p.A., Rittal Inc., Hansa-tmp srl, Gemini Power Hydraulics Private Limited, Mile-X Equipment, Inc., Intercable GmbH

By Type:

• Wound Field Motors
• Permanent Magnet Motors
• Others

By Application:

• Electric Power Steering
• Electro-Hydraulic Systems and Circuits

By Region:

In terms of geography, the global electric hydraulic pump market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

North America is the dominant market for electro-hydraulic pumps, and the United States is a key market due to industrialization and technological advancement.

The electric hydraulic pump market in Asia Pacific is expected to expand at a rapid rate in terms of CAGR during the forecast period, followed by Europe and North America. This can be attributed to increased infrastructure development in developing countries such as India and China, which is expected to propel the industrial segment of the electric hydraulic pump market across the region.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Significant Market Dynamics:

Electro-hydraulic pumps are more efficient than conventional pumps and there is a shift toward electro-hydraulic pumping, which has influenced the growth of the electro-hydraulic pump market over the forecast period. The global electric hydraulic pump market is expected to grow rapidly over the projected period owing to increasing demand for electric hydraulic pumps in various applications such as electric power steering and electro hydraulic systems and circuits. Over the past few years, several issues such as falling oil prices have significantly impacted the pump sector, which is expected to slow down the growth of the electro-hydraulic pumps market globally.

Electrohydraulic Pumps Market report scope:

Report Attributes	Details
Growth Rate	CAGR of 9.24% from 2022 to 2030.
By Type	Wound Field Motors, Permanent Magnet Motors, Others
By Application	Electric Power Steering, Electro-Hydraulic Systems and Circuits
By Companies	Bosch Rexroth AG, Allied Motion, Parker Hannifin Corporation, Vetus Inc., Cembre S.p.A., Rittal Inc., Hansa-tmp srl, Gemini Power Hydraulics Private Limited, Mile-X Equipment, Inc., Intercable GmbH
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Important Points from this Electrohydraulic Pumps Market Report

• Estimate Electrohydraulic Pumps market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Electrohydraulic Pumps market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Electrohydraulic Pumps market?

The Electrohydraulic Pumps Market is growing at a CAGR of 9.24% During Forecast Period.

 What are the key types of Electrohydraulic Pumps market?

Wound Field Motors, Permanent Magnet Motors, Others

What are the key applications of Electrohydraulic Pumps market?

Electric Power Steering, Electro-Hydraulic Systems and Circuits     

Who are the key players in Electrohydraulic Pumps market?

Bosch Rexroth AG, Allied Motion, Parker Hannifin Corporation, Vetus Inc., Cembre S.p.A., Rittal Inc., Hansa-tmp srl, Gemini Power Hydraulics Private Limited, Mile-X Equipment, Inc., Intercable GmbH