LAMEA Hydraulics Market Size, Share & Trends Analysis Report By End User, By Type (Mobile, and Industrial), By Component (Cylinder, Motor & Pumps, Transmission, Valves, Filters, Accumulators, and Others), By Country and Growth Forecast, 2023 - 2030

The Latin America, Middle East and Africa Hydraulics Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030).

Integrating the Internet of Things (IoT) and Industry 4.0 principles transform hydraulic systems into smart, interconnected components. Sensors and data analytics allow for real-time monitoring, predictive maintenance, and improved overall system efficiency. The push for sustainability and energy efficiency has led to the development of electrified hydraulic systems. By combining electric drives with hydraulic components, manufacturers aim to reduce energy consumption and environmental impact while maintaining the benefits of hydraulic power. Ongoing research and development efforts focus on enhancing the materials and design of hydraulic components. Lightweight and durable materials and innovative design approaches contribute to more efficient and reliable hydraulic systems.

Energy efficiency is a key consideration in designing and implementing hydraulic systems. Variable speed drives, regenerative systems, and other energy-saving technologies are gaining prominence to minimize environmental impact and operational costs. Electro-hydraulic actuators are gaining popularity as alternatives to traditional hydraulic actuators. These actuators offer improved controllability, precision, and responsiveness by combining electric and hydraulic technologies. The growing demand for automation in various industries drives the adoption of hydraulic systems in robotic applications. Hydraulic actuators provide the high forces required for robotic movements in manufacturing, logistics, and other sectors.

As per the Brazilian National Agency for Petroleum, Natural Gas, and Biofuels, Brazil owns the largest recoverable ultra-deep oil reserves, with 97.6% of Brazil's oil production produced offshore. The 2022 average oil production was 3.02 million barrels per day, 2.47% higher than the previous annual record. Hydraulic systems power various machinery and equipment on offshore platforms. This includes cranes, winches, and lifting systems for handling heavy loads and conducting maintenance and construction activities. Thus, the above aspects will expand the market growth across the region in the upcoming years.

The Brazil market dominated the LAMEA Hydraulics Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,461.7 million by 2030. The Argentina market is exhibiting a CAGR of 5.5% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 4.7% during (2023 - 2030).

Free Valuable Insights: The Worldwide Hydraulics Market is Projected to reach USD 54.9 Billion by 2030, at a CAGR of 3.7%

Based on End User, the market is segmented into Construction, Aerospace, Metal & Machinery Manufacturing, Mining, Material Handling, Agriculture, Marine, Oil & Gas, Automotive, and Others. Based on Type, the market is segmented into Mobile, and Industrial. Based on Component, the market is segmented into Cylinder, Motor & Pumps, Transmission, Valves, Filters, Accumulators, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Enerpac Tool Group Corp.
• The Danfoss Group
• HYDAC International GmbH
• Kawasaki Heavy Industries, Ltd.
• SMC Corporation
• Parker Hannifin Corporation
• Wipro Limited
• Caterpillar, Inc.
• Bosch Rexroth AG (Robert Bosch GmbH)
• KYB corporation

LAMEA Hydraulics Market Report Segmentation

By End User

• Construction
• Aerospace
• Metal & Machinery Manufacturing
• Mining
• Material Handling
• Agriculture
• Marine
• Oil & Gas
• Automotive
• Others

By Type

• Mobile
• Industrial

By Component

• Cylinder
• Motor & Pumps
• Transmission
• Valves
• Filters
• Accumulators
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Hydraulics Market, by End User
1.4.2 LAMEA Hydraulics Market, by Type
1.4.3 LAMEA Hydraulics Market, by Component
1.4.4 LAMEA Hydraulics Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints

Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2022
4.2 Strategies Deployed in Hydraulics Market
4.3 Porter’s Five Forces Analysis

Chapter 5. LAMEA Hydraulics Market by End User
5.1 LAMEA Construction Market by Country
5.2 LAMEA Aerospace Market by Country
5.3 LAMEA Metal & Machinery Manufacturing Market by Country
5.4 LAMEA Mining Market by Country
5.5 LAMEA Material Handling Market by Country
5.6 LAMEA Agriculture Market by Country
5.7 LAMEA Marine Market by Country
5.8 LAMEA Oil & Gas Market by Country
5.9 LAMEA Automotive Market by Country
5.1 LAMEA Others Market by Country

Chapter 6. LAMEA Hydraulics Market by Type
6.1 LAMEA Mobile Market by Country
6.2 LAMEA Industrial Market by Country

Chapter 7. LAMEA Hydraulics Market by Component
7.1 LAMEA Cylinder Market by Country
7.2 LAMEA Motor & Pumps Market by Country
7.3 LAMEA Transmission Market by Country
7.4 LAMEA Valves Market by Country
7.5 LAMEA Filters Market by Country
7.6 LAMEA Accumulators Market by Country
7.7 LAMEA Others Market by Country

Chapter 8. LAMEA Hydraulics Market by Country
8.1 Brazil Hydraulics Market
8.1.1 Brazil Hydraulics Market by End User
8.1.2 Brazil Hydraulics Market by Type
8.1.3 Brazil Hydraulics Market by Component
8.2 Argentina Hydraulics Market
8.2.1 Argentina Hydraulics Market by End User
8.2.2 Argentina Hydraulics Market by Type
8.2.3 Argentina Hydraulics Market by Component
8.3 UAE Hydraulics Market
8.3.1 UAE Hydraulics Market by End User
8.3.2 UAE Hydraulics Market by Type
8.3.3 UAE Hydraulics Market by Component
8.4 Saudi Arabia Hydraulics Market
8.4.1 Saudi Arabia Hydraulics Market by End User
8.4.2 Saudi Arabia Hydraulics Market by Type
8.4.3 Saudi Arabia Hydraulics Market by Component
8.5 South Africa Hydraulics Market
8.5.1 South Africa Hydraulics Market by End User
8.5.2 South Africa Hydraulics Market by Type
8.5.3 South Africa Hydraulics Market by Component
8.6 Nigeria Hydraulics Market
8.6.1 Nigeria Hydraulics Market by End User
8.6.2 Nigeria Hydraulics Market by Type
8.6.3 Nigeria Hydraulics Market by Component
8.7 Rest of LAMEA Hydraulics Market
8.7.1 Rest of LAMEA Hydraulics Market by End User
8.7.2 Rest of LAMEA Hydraulics Market by Type
8.7.3 Rest of LAMEA Hydraulics Market by Component

Chapter 9. Company Profiles
9.1 Enerpac Tool Group Corp.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 The Danfoss Group
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 HYDAC International GmbH
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.4 Kawasaki Heavy Industries, Ltd.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 SMC Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Research & Development Expenses
9.5.4 Recent strategies and developments:
9.5.4.1 Product Launches and Product Expansions:
9.5.5 SWOT Analysis
9.6 Parker Hannifin Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 Wipro Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 SWOT Analysis
9.8 Caterpillar, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expense
9.8.5 Recent strategies and developments:
9.8.5.1 Acquisition and Mergers:
9.8.6 SWOT Analysis
9.9 Bosch Rexroth AG (Robert Bosch GmbH)
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expense
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. KYB Corporation
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 SWOT Analysis

TABLE 1 LAMEA Hydraulics Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Hydraulics Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 4 LAMEA Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 5 LAMEA Construction Market by Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Construction Market by Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Aerospace Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Aerospace Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Metal & Machinery Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Metal & Machinery Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Mining Market by Country, 2019 - 2022, USD Million
TABLE 12 LAMEA Mining Market by Country, 2023 - 2030, USD Million
TABLE 13 LAMEA Material Handling Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Material Handling Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Agriculture Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Agriculture Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Marine Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Marine Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Oil & Gas Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Oil & Gas Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 26 LAMEA Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 27 LAMEA Mobile Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Mobile Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 32 LAMEA Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 33 LAMEA Cylinder Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Cylinder Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Motor & Pumps Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA Motor & Pumps Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA Transmission Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Transmission Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Valves Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Valves Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Filters Market by Country, 2019 - 2022, USD Million
TABLE 42 LAMEA Filters Market by Country, 2023 - 2030, USD Million
TABLE 43 LAMEA Accumulators Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA Accumulators Market by Country, 2023 - 2030, USD Million
TABLE 45 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Hydraulics Market by Country, 2019 - 2022, USD Million
TABLE 48 LAMEA Hydraulics Market by Country, 2023 - 2030, USD Million
TABLE 49 Brazil Hydraulics Market, 2019 - 2022, USD Million
TABLE 50 Brazil Hydraulics Market, 2023 - 2030, USD Million
TABLE 51 Brazil Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 52 Brazil Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 53 Brazil Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 54 Brazil Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 55 Brazil Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 56 Brazil Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 57 Argentina Hydraulics Market, 2019 - 2022, USD Million
TABLE 58 Argentina Hydraulics Market, 2023 - 2030, USD Million
TABLE 59 Argentina Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 60 Argentina Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 61 Argentina Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 62 Argentina Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 63 Argentina Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 64 Argentina Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 65 UAE Hydraulics Market, 2019 - 2022, USD Million
TABLE 66 UAE Hydraulics Market, 2023 - 2030, USD Million
TABLE 67 UAE Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 68 UAE Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 69 UAE Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 70 UAE Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 71 UAE Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 72 UAE Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 73 Saudi Arabia Hydraulics Market, 2019 - 2022, USD Million
TABLE 74 Saudi Arabia Hydraulics Market, 2023 - 2030, USD Million
TABLE 75 Saudi Arabia Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 76 Saudi Arabia Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 77 Saudi Arabia Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 80 Saudi Arabia Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 81 South Africa Hydraulics Market, 2019 - 2022, USD Million
TABLE 82 South Africa Hydraulics Market, 2023 - 2030, USD Million
TABLE 83 South Africa Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 84 South Africa Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 85 South Africa Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 86 South Africa Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 87 South Africa Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 88 South Africa Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 89 Nigeria Hydraulics Market, 2019 - 2022, USD Million
TABLE 90 Nigeria Hydraulics Market, 2023 - 2030, USD Million
TABLE 91 Nigeria Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 92 Nigeria Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 93 Nigeria Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 94 Nigeria Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 95 Nigeria Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 96 Nigeria Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 97 Rest of LAMEA Hydraulics Market, 2019 - 2022, USD Million
TABLE 98 Rest of LAMEA Hydraulics Market, 2023 - 2030, USD Million
TABLE 99 Rest of LAMEA Hydraulics Market by End User, 2019 - 2022, USD Million
TABLE 100 Rest of LAMEA Hydraulics Market by End User, 2023 - 2030, USD Million
TABLE 101 Rest of LAMEA Hydraulics Market by Type, 2019 - 2022, USD Million
TABLE 102 Rest of LAMEA Hydraulics Market by Type, 2023 - 2030, USD Million
TABLE 103 Rest of LAMEA Hydraulics Market by Component, 2019 - 2022, USD Million
TABLE 104 Rest of LAMEA Hydraulics Market by Component, 2023 - 2030, USD Million
TABLE 105 Key Information – Enerpac Tool Group Corp.
TABLE 106 Key Information – The Danfoss Group
TABLE 107 Key Information – HYDAC International GmbH
TABLE 108 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 109 Key Information – SMC Corporation
TABLE 110 Key Information – Parker Hannifin Corporation
TABLE 111 Key Information – Wipro Limited
TABLE 112 key information – Caterpillar, Inc.
TABLE 113 Key Information – Bosch Rexroth AG
TABLE 114 Key Information – KYB Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Hydraulics Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Hydraulics Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – Hydraulics Market
FIG 6 LAMEA Hydraulics Market share by End User, 2022
FIG 7 LAMEA Hydraulics Market share by End User, 2030
FIG 8 LAMEA Hydraulics Market by End User, 2019 - 2030, USD Million
FIG 9 LAMEA Hydraulics Market share by Type, 2022
FIG 10 LAMEA Hydraulics Market share by Type, 2030
FIG 11 LAMEA Hydraulics Market by Type, 2019 - 2030, USD Million
FIG 12 LAMEA Hydraulics Market share by Component, 2022
FIG 13 LAMEA Hydraulics Market share by Component, 2030
FIG 14 LAMEA Hydraulics Market by Component, 2019 - 2030, USD Million
FIG 15 LAMEA Hydraulics Market share by Country, 2022
FIG 16 LAMEA Hydraulics Market share by Country, 2030
FIG 17 LAMEA Hydraulics Market by Country, 2019 - 2030, USD Million
FIG 18 Recent strategies and developments: Enerpac Tool Group Corp.
FIG 19 SWOT Analysis: Enerpac Tool Group Corp.
FIG 20 SWOT Analysis: The Danfoss Group
FIG 21 SWOT Analysis: HYDAC International GmbH
FIG 22 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 23 SWOT Analysis: SMC Corporation
FIG 24 Recent strategies and developments: Parker Hannifin Corporation
FIG 25 SWOT Analysis: Parker Hannifin Corporation
FIG 26 SWOT Analysis: Wipro Limited
FIG 27 SWOT Analysis: Caterpillar, Inc.
FIG 28 SWOT Analysis: Bosch Rexroth AG
FIG 29 SWOT Analysis: KYB Corporation