An axial piston hydraulic motor is used to convert pressure and fluid energy into torque and angular displacement. An axial piston hydraulic pump, a type of positive displacement pump, is used to convert mechanical power into hydraulic energy, that is, flow or pressure. Axial piston hydraulic motors and pumps are manufactured based on different functional and hydraulic system requirements, such as desired range of pressure, angular displacement, type of drive, and operating medium. Axial piston hydraulic motors and pumps are majorly used in industrial and mobile applications.
The demand for hydraulic pumps has increased due to Increase in construction activities globally, rise in sales of automobiles, and growth in application areas in the mining industry. In addition, government regulations and legislations for reducing CO2 (carbon dioxide) and NOX (nitrogen oxide) emissions and increased awareness about energy savings have propelled the market growth. However, high cost of maintenance and continuous monitoring of these motors to detect and rectify any failure in the equipment are the key challenges for the global axial piston hydraulic motors and pumps industry. Furthermore, rapid pace of infrastructural improvements and increase in demand for renewable energy present promising opportunities for players in the hydraulic pump market. Moreover, improvements in existing machineries are expected to provide lucrative business opportunities to the players in the near future.
The global axial piston hydraulic motors and pumps market size is segmented based on product, application, and geography. Based on product, it is categorized into axial piston hydraulic motors and axial piston hydraulic pumps. Axial piston hydraulic motors market is further studied across two major types, namely, constant displacement and variable displacement. The constant displacement segment is further divided into swash plate and bent axis. Axial piston hydraulic pumps market is further analyzed based on two sub-types, namely, constant displacement and variable displacement pumps. The constant displacement pump is further bifurcated into swash plate and bent axis. The application areas of the industry include manufacturing, oil & gas, agriculture, automotive, energy & utility, mining, food & beverages, construction, water management, and others. The other segment includes transportation & logistics, maritime, and chemical. The axial piston hydraulic motors and pumps market is analyzed based on geographical regions into North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and rest of Europe), Asia-Pacific (Australia, China, Japan, India, and others), and LAMEA (Latin America, the Middle East, and Africa).
The key players profiled in this report are Bosch Rexroth Ltd., Bondioli & Pavesi SPA, Bosch Rexroth AG, Danfoss Group, DTA (Damen Technical Agencies), Eaton Corporation, HAWE Hydraulik SE, HYDAC, Hytec Group, Parker-Hannifin Corporation, and Poclain Hydraulics, Inc. Moreover, market players operating in the global axial piston hydraulic motors and pumps industry have focused on increasing their market share by adopting product launch and innovation of existing products as their key developmental strategy.
Axial Piston Hydraulic Motors and Pumps Market Key Segments:
KEY MARKET PLAYERS
The other key players operating in the global axial piston hydraulic motors and pumps industry include White Drive Products, Inc., Linde Hydraulics, Rotary Power, MTE Hydraulics, ANSON Hydraulics Industrial Ltd., Permco, Inc., Kawasaki Heavy Industries, Ltd., Finsuge SpA, General Electric (GE), Maersk Container Industry (MCI), White Drive Products, Inc., The Marsden Group, NuLEDs, Electra Mining Africa, BAUMA CONEXPO AFRICA, CLARCOR Inc., Helac Corporation, Jäger Automobil-Technik GmbH, Jäger Automotive Polska Sp. z.o.o., President Engineering Group Limited (PEGL), and GRANDRY Technologies, METSO.
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