Key Takeaways
- $513.0 billion in global metal forming machine tool market revenue was forecast for 2024 by MarketsandMarkets, covering major overlapping end-use segments for hydraulic press machines.
- $7.5 billion global hydraulic press market was estimated for 2024 by Fortune Business Insights, framing the addressable equipment market for hydraulic press manufacturers and suppliers.
- $1.7 billion global hydraulic press brake market was estimated for 2023 by IMARC Group, relevant to hydraulic-powered press equipment used in metal bending/forming workflows.
- The worldwide industrial automation market was projected to reach $295.0 billion by 2026 (MarketsandMarkets), indicating adoption of automation systems around presses including hydraulic units.
- Germany produced 3.1 million tonnes of steel in 2023 (World Steel Association), reflecting domestic downstream metal processing activity that uses press equipment.
- US steel production was 82.5 million tonnes in 2023 (World Steel Association), representing demand drivers for forming presses in fabrication sectors.
- The US manufacturing sector used about 15.8% of total US energy consumption in 2022 (EIA), reflecting the energy intensity of industrial operations that presses are part of.
- In the US, electricity prices for industrial customers averaged about 12.3 cents/kWh in 2023 (EIA), affecting operating cost for hydraulic press systems and associated drives.
- The hydraulic fluid market is projected to grow from about $40.9 billion in 2023 to $57.5 billion by 2030 (IMARC Group), affecting ongoing consumables and maintenance costs for hydraulic presses.
- The ISO 8573 compressed air quality standard’s widespread adoption supports hydraulic system performance; ISO 8573 compliance reduces contamination-related component failures (technical summaries published by ISO and industry).
- Vibration monitoring can cut maintenance and breakdowns; a report by Deloitte highlighted predictive maintenance reducing unplanned downtime by 50% (Deloitte industry article with referenced case studies).
- Hydraulic systems leak-related losses are commonly estimated at 5–10% of total pump flow; a technical paper by the University of Sheffield Engineering Science discusses hydraulic leakage losses in that range.
- In 2023, the global predictive maintenance market size was estimated at $7.2 billion and projected to exceed $20 billion by 2030 (Fortune Business Insights), indicating higher adoption around press equipment maintenance.
- The global condition monitoring market was forecast to reach $33.3 billion by 2028 (IMARC Group), supporting adoption of sensor-based monitoring on hydraulic presses.
- Welding and forming equipment data connectivity trends are driven by IIoT; Gartner estimated by 2022 that 50% of enterprises would use at least some IoT for industrial operations (Gartner press coverage).
Global hydraulic press demand is rising with automation, higher maintenance spending, and expanding steel production worldwide.
Related reading
01 · Category
Market Size10 stats
Market Size Interpretation
02 · Category
Industry Trends14 stats
Industry Trends Interpretation
03 · Category
Cost Analysis6 stats
Cost Analysis Interpretation
More related reading
04 · Category
Performance Metrics4 stats
Performance Metrics Interpretation
05 · Category
User Adoption6 stats
User Adoption Interpretation
06 · Category
Safety & Compliance1 stats
Safety & Compliance Interpretation
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Elif Demirci. (2026, February 13). Hydraulic Press Industry Statistics. Gitnux. https://gitnux.org/hydraulic-press-industry-statistics
Elif Demirci. "Hydraulic Press Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/hydraulic-press-industry-statistics.
Elif Demirci. 2026. "Hydraulic Press Industry Statistics." Gitnux. https://gitnux.org/hydraulic-press-industry-statistics.
Sources & references
41 datasets cited across this report · attribution is report-level
+21 additional datasets cited (not shown individually)

