In 2023, sales of nonaerospace-type hydraulic fluid power cylinders and actuators in the U.S. reached $2.89 billion. Moving forward, the forecast predicts a steady growth trend with sales expected to be $2.9487 billion in 2024, reaching up to $3.1632 billion by 2028, indicating a consistent annual growth. The year-on-year growth from 2024 to 2028 averages around 1.75%.

Future trends to watch for include:

Technological advancements in hydraulic systems increasing efficiency and demand.
Industries such as construction and manufacturing boosting market growth due to infrastructure projects.
Increased focus on sustainability potentially driving innovation in eco-friendly hydraulic solutions.