Hydraulic Industry Witnesses Technological Innovation and Market Expansion

Recently, the hydraulic industry has demonstrated robust growth momentum globally, with technological innovations and market expansion driving the progress of modern industrial equipment.

I. Technological Innovation Leads Industry Development

As industrial automation technology continues to advance, hydraulic transmission technology, a primary form of modern industrial transmission, is undergoing unprecedented innovation and development. Leading international companies such as Bosch Rexroth and Parker Hannifin have achieved remarkable results in the research and development of hydraulic components. These companies have not only improved the reliability and efficiency of hydraulic components but also realized intelligent monitoring and fault prediction, providing strong support for industrial automation.

II. Market Size Grows Steadily

Industry reports indicate that the global hydraulic market has maintained steady growth in recent years. In particular, China, as the world's second-largest economy and the largest manufacturing country, has continued to expand its market share of hydraulic components. According to the China Hydraulic Pneumatic and Seals Association, the industrial output value of China's hydraulic industry reached 76.6 billion yuan in 2021, with a year-on-year growth of 5.80%. With the implementation of the 14th Five-Year Plan and the promotion of smart manufacturing, the market size of the hydraulic industry is expected to continue growing.

III. Environmental Protection and Energy Conservation Become Key Trends

Amid increasingly stringent environmental regulations, the hydraulic industry is accelerating its development towards environmental protection and energy conservation. Issues such as process pollution, vibration noise, material loss, and media leakage during the manufacturing of hydraulic components and parts are gradually being addressed. In the future, the hydraulic industry will adopt more environmentally friendly manufacturing technologies and materials to reduce pollutant emissions and improve the efficiency of resource and energy use.

IV. Intelligence and High-End Development Become the Direction

With the rise of smart manufacturing, the hydraulic industry is accelerating its transformation towards intelligence and high-end development. High-integration, high-power density, intelligent, mechatronic, and lightweight hydraulic components have become the focus of research and development. These new hydraulic components will better meet the demands of modern industrial equipment for high precision, high efficiency, and high reliability.

V. Strengthened International Cooperation and Exchange

In the context of globalization, international cooperation and exchange in the hydraulic industry have been strengthened. International exhibitions such as the 2024 Beijing and Wuhan Industrial Automation and Robotics Exhibitions provide platforms for the hydraulic industry to showcase the latest technologies