South Korea Hydraulic Pumps Market Size, Share, and COVID-19 Impact Analysis, By Type (Gear Pump and Vane Pump), By Operating Pressure (3001 To 6000 PSI and Up To 3000 PSI), By End-use (Construction, Automotive, and Agriculture), and South Korea Hydraulic Pumps Market Insights, Industry Trend, Forecasts to 2035.

South Korea Hydraulic Pumps Market Insights Forecasts to 2035

• The South Korea Hydraulic Pumps Market Size Was Estimated at USD 354.4 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 5.56% from 2025 to 2035
• The South Korea Hydraulic Pumps Market Size is Expected to Reach USD 642.8 Million by 2035

According to a research report published by Spherical Insights & Consulting, the South Korea Hydraulic Pumps Market Size is anticipated to reach USD 642.8 Million by 2035, growing at a CAGR of 5.56% from 2025 to 2035. The growing need for fluid power systems across a range of industries, including manufacturing, construction, agriculture, and the automotive sector, is propelling the hydraulic pumps industry's constant expansion.

Market Overview

The industry devoted to the production, marketing, and distribution of hydraulic pumps devices that transform mechanical energy into hydraulic energy is included in the hydraulic pumps market. These pumps are essential parts of many hydraulic systems used in a wide range of sectors, such as industry, agriculture, and construction. Infrastructure development, growing industrialization, and the need for machinery with efficient power transmission are the main factors driving the market. Hydraulic pumps allow machinery to run more quickly and smoothly, reducing downtime and increasing productivity. Accurate and effective work completion is made possible by the hydraulic fluid’s-controlled flow. Hydraulic pumps are essential in the construction sector because they power machinery such as loaders, cranes, and excavators, which makes lifting, digging, and material handling easier. Power steering and braking systems depend on hydraulic pumps, and demand is increased by the expanding car industry. Because of their power and dependability, hydraulic pumps are essential for a variety of mining operations, which supports market expansion. Significant investments in associated infrastructure are being made as a result of a greater emphasis on renewable energy sources like solar and wind. In wind turbines, hydraulic pumps are crucial parts, especially for the pitch and yaw control systems.

Report Coverage

This research report categorizes the market for South Korea hydraulic pumps market based on various segments and regions forecasts revenue growth, and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea hydraulic pumps market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment South Korea hydraulic pumps market.

Driving Factors

The increasing construction activities, and growing demand for advanced agricultural and automotive machinery. Rising infrastructure development and government investment in smart city projects further boost demand. Additionally, the shift toward automation in manufacturing and the need for energy-efficient, high-performance hydraulic systems contribute significantly to market growth.

Restraining Factors

The raw material prices, particularly for steel and aluminum, which can drive up production costs and pressure manufacturers' margins. Regulatory compliance and stringent environmental standards often require costly retrofits and certifications. The complexity and high maintenance requirements of hydraulic systems can deter adoption, especially in small-to-medium enterprises.

Market Segmentation

The South Korea hydraulic pumps market share is classified into type, operating pressure, and end-use.

• The gear pump segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea hydraulic pumps market is segmented by type into gear pump and vane pump. Among these, the gear pump segment held a significant share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Its cost-effectiveness, durability, and high efficiency in handling various industrial applications. Its simple design and low maintenance make it ideal for manufacturing and construction sectors

• The 3001 to 6000 PSI segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea hydraulic pumps market is segmented by operating pressure into 3001 to 6000 PSI and up to 3000 PSI. Among these, the 3001 to 6000 PSI segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The rising demand for high-pressure systems in heavy machinery, construction, and industrial automation. Its ability to deliver enhanced performance, efficiency, and power makes it ideal for demanding applications.

• The construction segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea hydraulic pumps market is segmented by end-use into construction, automotive, and agriculture. Among these, the construction segment dominated share in 2024 and is expected to grow at a significant CAGR during the forecast period. The increased infrastructure development, urbanization, and investment in public projects. Hydraulic pumps are essential in construction equipment like excavators and loaders, driving demand.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea hydraulic pumps market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Dae A Machinery & Electric Co. Ltd
• MS ISD Co. Ltd.
• DAEJIN Hydraulics Co. Ltd.
• Doo San Mottrol Co. Ltd.
• IEPOWER Co. Ltd.
• Bumhan Industries Co. Ltd.
• Korea Hydmag Co. (Korea Hydmag Corp.)
• HYSG (Seagae Hydraulic)
• SEWON CELLONTECH
• Bixen Hydraulics Co. Ltd.
• Hanmi Hydraulic Machinery Co. Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea hydraulic pumps market based on the below-mentioned segments:

South Korea Hydraulic Pumps Market, By Type

• Gear Pump
• Vane Pump

South Korea Hydraulic Pumps Market, By Operating Pressure

• 3001 To 6000 PSI
• Up To 3000 PSI

South Korea Hydraulic Pumps Market, By End-use

• Construction
• Automotive
• Agriculture