Hydrostatic Transmission Market Industry Analysis 2022, Size, Growth Factors, Share, Technology, Top Manufacturers Trends and Forecast 2030
Research Reports
Oct 25, 2022
Hydrostatic Transmission Market Research Report Information By Capacity (Light duty, Medium duty, Heavy duty) By Operation Type (VDM-CDP, VDP-CDM, VDM-VDP) By End User (Agriculture, Construction & mining, Logistics & transport, Others) Forecast 2030
Hydrostatic transmission is used in applications, which require high torque at low speed. Hydrostatic transmission refers to a transmission system, which uses pump, motor, and the prime mover to transmit the torque at low speed. The power transmission is required in heavy machinery, which will not function efficiently with the usual mechanical transmission system, which is the key factor of the hydrostatic transmission market. Hydrostatic transmission gives precise power transmission, which is used in construction, mining, and agriculture and requires heavy-duty equipment. The hydrostatic transmission is used in power generation systems such as wind turbine generators, and diesel generators. Hence, the demand for hydrostatic transmission systems is increasing. One trend which drives the adoption of medium-duty equipment with hydrostatic transmission.
Key Players
The prominent players in the hydrostatic transmission market include,
- Eaton Corporation Plc. (Dublin)
- Parker Hannifin Corporation (US)
- Kanzaki Kokyukoki Mfg. Co. Ltd (Japan)
- and Dana Incorporated (US). Danfoss A/S (Denmark)
- CARRARO Group (Italy)
- Kawasaki Heavy IndustriesLtd. (Japan)
- Poclain Hydraulics (China)
- Robert Bosch GmbH (Germany)
- Linde Hydraulics GmbH & Co. KG (Germany) are among others.
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Hydrostatic Transmission Market Research Analysis
In terms of region, the global market for hydrostatic transmission are segmented into North America, Europe, Asia-Pacific and Rest of the World. Asia-Pacific is expected to hold the major market share over the forecast period. The region is marked by an increase in demand for heavy lifting equipment in several industries such as mining. In Asia-Pacific, countries such as India and China held a significant investments in infrastructure and road development, which require heavy machinery and equipment and fuel the growth of hydrostatic transmission systems during the forecast period.
In North America, the demand for off-road vehicle has been increasing due to the growth of US and Canada markets. Europe market is expected to grow due to wood harvesting equipment and machinery, which require the use of hydrostatic transmission. The increase in demand for energy efficient hydrostatic transmission in major developing nations will enhance the growth of the global market.
Hydrostatic Transmission Market Scope of the Report
This study provides an overview of the global hydrostatic transmission market, tracking three market segments across four geographic regions. The report studies key players, providing a six-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global hydrostatic transmission market by capacity, operation type, application and regions.
Hydrostatic Transmission Market By Capacity
- Light Duty
- Medium Duty
- Heavy Duty
Hydrostatic Transmission Market By Operation Type
- VDM-CDP
- VDP-CDM
- VDM-VDP
Hydrostatic Transmission Market By Application
- Agriculture
- Construction & Mining
- Logistics & Transport
- Others
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Report Scope:
|
Report Metrics |
Details |
|
Market Size |
7270.82 million USD |
|
CAGR |
5.52% CAGR (2022-2030) |
|
Base Year |
2021 |
|
Forecast Period |
2022-2030 |
|
Historical Data |
2019 & 2020 |
|
Forecast Units |
Value (USD Million) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
1.1 GLOBAL HYDROSTATIC TRANSMISSION MARKET, BY Capacity
1.2 GLOBAL HYDROSTATIC TRANSMISSION MARKET, BY Operation Type
1.3 GLOBAL HYDROSTATIC TRANSMISSION MARKET, BY End User
1.4 GLOBAL HYDROSTATIC TRANSMISSION MARKET, BY REGION
2 MARKET INTRODUCTION
2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP DOWN & BOTTOM-Up APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 DRIVERS
4.2.1 Rising Collaboration And Acquisitions Among Key Players
4.2.2 Growing Demand From End-User Industries
4.2.3 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINTS
4.3.1 High Cost Of Hydrostatic Transmission Equipment
4.3.2 RESTRAINTS IMPACT ANALYSIS
4.4 OPPORTUNITIES
4.4.1 Growing Demand From Automotive Industry
4.5 IMPACT OF COVID-19 ON GLOBAL ECONOMY
4.6 IMPACT OF COVID-19 ON THE GLOBAL HYDROSTATIC TRANSMISSION MARKET
4.7 SUPPLY CHAIN IMPACT
4.7.1 IMPACT ON MANUFACTURER/DEVELOPER
4.7.2 IMPACT ON COMPONENT/SERVICES SUPPLIER
4.7.3 IMPACT ON DISTRIBUTION/LOGISTICS
5 MARKET FACTOR ANALYSIS
5.1 SUPPLY/VALUE CHAIN ANALYSIS
5.1.1 R&D
5.1.2 MANUFACTURING& Assembly
5.1.3 DISTRIBUTION & SALES
5.1.4 POST-SALES MONITORING
…continued.
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