Global Hydraulic Motors Market By Overview
Introduction:
A hydraulic motor is a type of mechanical machine that converts hydraulic pressure and flow into torque and angular displacement (rotation). The hydraulic motor is the rotary counterpart of the hydraulic cylinder as a linear actuator. Currently, hydraulic motors are extensively used in construction, mining industries and agriculture. They are commonly used in equipment skids, bulldozers, forklifts, excavators, heavy dump trucks, harvesters, combines etc.
Drivers and Restraints:
Growing construction industry, especially in developing countries is the major factor driving growth of the global market. Some of the other major factors driving the target market’s growth are increasing investments in construction of roads, smart cities, metros, bridges, and expressways, along with construction of multi-family houses primarily due to the growing population and urbanization. For instance, in India, the construction industry is witnessing significant growth. The Indian construction industry is expected to grow twice as fast as that of the Chinese construction industry till 2030, primarily due to the growing population. Moreover, growing mining industry primarily due an increase in the consumption of base and precious metals is expected to fuel growth of the global market over the forecast period. However, a shift in the focus toward electrification and adoption of electric motors in applications, such as oil and gas and little construction equipment is expected to hamper the target market’s growth. Nevertheless, technological advancements in the target market are creating lucrative growth opportunities for the target market. For instance, Eaton introduced a new range of Orbitrol Motors. These motors have the capability to reduce load pressure drop by 50%. Additionally, owing to these emission norms, companies are focusing on developing and offering solutions that have lower noise level, more compact design high power density, and lower carbon footprint. Thus, various companies are using environment-friendly components and processes that reduce waste and power consumption.
Segmentation:
The global hydraulic motors market is segmented based type, application, and region.
On the basis of type, the global hydraulic motors market is divided into hydraulic gear motor, vane motor, and piston motor. Hydraulic gear motor type segment is further classified into gear motor and epicyclic gear motor. Piston motor type segment is further classified into radial piston motor and axial piston motor. In 2018, piston motor dominated the target market. Piston motors have high speed and displacement range and are hydraulic motors that operate under maximum pressure of up to 450 bar. Very high displacement volume is combined by the hydraulic piston motors at high operating pressure. On the basis of application, the target market is segmented into off-road and industrial. Off-road application segment is further classified into construction machinery, agricultural machinery, and mining machinery. Industry application segment is further divided into manufacturing and marine.
Based on region the global hydraulic motors market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, Asia-Pacific dominated the global market and accounted for maximum revenue share. In the Asia-Pacific region, the market was dominated by China, followed by India and Japan. In China, the market for excavators and other types of construction machinery is expected to boost in China over the forecast period. This is mainly attributed due to government spending on municipal infrastructure projects in order to develop healthy sales of construction machinery in recent months. For instance, cities around the country are expanding urban transportation systems and other subways. Moreover, the wheel loaders demand is also projected to increase in the country and the country represents a 43% share in the wheel loader machine. Sharp growth in infrastructure investment by the Chinese government and through the public-private partnership (PPP) model is the factors that are fueling the demand for the wheel loader in the country. As the demand for a wheel loader is growing, it is also boosting the demand for hydraulic motors in the country. In the agriculture industry, European is been witnessing a recovery in the demand for agriculture machinery, since the past two years, owing to their improved commodity prices, as well as favorable climatic conditions.
Key Players:
The key players operating the global hydraulic motors market involves Adan Ltd., Bosch Rexforth, Bucher Hydraulics GmbH, Casappa SpA, Danfoss, Parker Hannifin Corporation, Poclain Hydraulics, Kawasaki Precision Machinery Co. Ltd., Eaton Corp., Mitsubishi Heavy Industries, and Jiangsu Hengyuan Hydraulic Co. Ltd. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in feburay 2019, the company launched a new generation of brake valves, in order to appeal to new applications in which the products needed redesign. Ten thousand development hours and forty customer visits later, le VB3 was ready tohit the road.
Detailed Segmentation:
Global Hydraulic Motors Market, By Type:
- Hydraulic Gear Motor
- Gear Motor
- Epicyclic Gear Motor
- Vane Motor
- Piston Motor
- Radial Piston Motor
- Axial Piston Motor
Global Hydraulic Motors Market, By Application:
- Off-road
- Construction Machinery
- Agricultural Machinery
- Mining Machinery
- Industrial
- Manufacturing
- Marine
Global Hydraulic Motors Market, By Region:
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- North America
- North America Hydraulic Motors Market, By Type
- North America Hydraulic Motors Market, By Application
- North America Hydraulic Motors Market, By Country
- U.S.
- Canada
- Europe
- Europe Hydraulic Motors Market, By Type
- Europe Hydraulic Motors Market, By Application
- Europe Hydraulic Motors Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Asia Pacific Hydraulic Motors Market, By Type
- Asia Pacific Hydraulic Motors Market, By Application
- Asia Pacific Hydraulic Motors Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Latin America Hydraulic Motors Market, By Type
- Latin America Hydraulic Motors Market, By Application
- Latin America Hydraulic Motors Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Middle East & Africa Hydraulic Motors Market, By Type
- Middle East & Africa Hydraulic Motors Market, By Application
- Middle East & Africa Hydraulic Motors Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- North America
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Company Profile:
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- Adan Ltd. *
- Company Overview
- Adan Ltd. *
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- Product Portfolio
- Key Highlights
- Financial Performance
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- Bosch Rexforth
- Bucher Hydraulics GmbH
- Casappa SpA
- Danfoss
- Parker Hannifin Corporation
- Poclain Hydraulics
- Kawasaki Precision Machinery Co. Ltd.
- Eaton Corp.
- Mitsubishi Heavy Industries
- Jiangsu Hengyuan Hydraulic Co. Ltd.
“*” marked represents similar segmentation in other categories in the respective section
Key Issues Addressed
- What is the total revenue potential of the global the hydraulic motors market? How that market is expected to grow during the study period?
- What are some of the major growth opportunities in the hydraulic motors market?
- Which companies are the major players in the hydraulic motors market?
Global Hydraulic Motors Market By Table of Contents
Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Hydraulic Motors Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Hydraulic Motors Market, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hydraulic Gear Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Gear Motor
- Epicyclic Gear Motor
- Vane Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Piston Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Radial Piston Motor
- Axial Piston Motor
- Overview
- Global Hydraulic Motors Market, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Off-road
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Construction Machinery
- Agricultural Machinery
- Mining Machinery
- Industrial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Manufacturing
- Marine
- Overview
- Global Hydraulic Motors Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- Adan Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Bosch Rexforth
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Bucher Hydraulics GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Casappa SpA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Danfoss
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Parker Hannifin Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Poclain Hydraulics
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Kawasaki Precision Machinery Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Eaton Corp.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Mitsubishi Heavy Industries
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Adan Ltd.
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The hydraulic motors market is segmented based type, application, and region.
Tends may include the adoption of advanced hydraulic motor technologies, increased focus on energy efficiency and sustainability, and the integration of smart technologies for condition monitoring and predictive maintenance.
Factors such as the versatility of hydraulic motors, their reliability in heavy-duty applications, and the need for compact and lightweight solutions contribute to market dynamics.
Regions typically considered include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Considerations for these regions are based on factors such as industrial activities, infrastructure projects, and the presence of key players in the hydraulic motor industry.
he key players operating the global hydraulic motors market involves Adan Ltd., Bosch Rexforth, Bucher Hydraulics GmbH, Casappa SpA, Danfoss, Parker Hannifin Corporation, Poclain Hydraulics, Kawasaki Precision Machinery Co. Ltd., Eaton Corp., Mitsubishi Heavy Industries, and Jiangsu Hengyuan Hydraulic Co. Ltd.