Market Overview:
The global hydraulic motor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydraulic motors in various applications such as mining equipment, pulp & paper equipment, off-highway equipment, automotive and others. Additionally, the growing demand for energy-efficient and high-performance motors is also contributing to the growth of this market.
Product Definition:
A hydraulic motor is a type of rotary actuator that uses a fluid as the working medium to transfer energy from a pressurized source to an output device. The output device can be anything from a simple piston or gearbox, to an entire vehicle.
Vane Type:
A vaned type is a device that is used to increase or decrease the flow of air through a ventilator by changing its shape. It can be either permanent or temporary and installed in various ventilation systems such as mechanical ventilation, hoods, blowers, and centrifugal chillers.
The most common application of vanes in an HVAC system is to control the velocity of air entering into different parts of the building such as rooms.
Plunger Type:
A Plunger is a device used to convert fluid pressure into torque. It consists of a cup attached by a flexible hose to an oil or gas source, and then the fluid is pushed through the hose and into the cup where it can be turned into useful work. The most common types of plungers are piston, rod-and-valve, diaphragm, impeller/screw type (known as positive displacement), and vane type (known as negative displacement).
Application Insights:
Mining equipment was the largest application segment in 2017 and accounted for a market share of over 30% by revenue. The mining sector in various countries, including Brazil, China and Australia is witnessing growth on account of increasing demand for minerals including copper (Chilean Mining Index), silver (Silver Institute) and gold (London Bullion Market Association). This trend is expected to continue over the forecast period thereby driving the global hydraulic motor market.
The pulp & paper equipment segment held a significant share in 2017 owing to rapid industrialization along with urbanization leading to an increase in demand for newsprint. Furthermore, growing use of electronic media has led people to read more books which has further increased demand for newsprint thus propelling segment growth during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing industrialization, particularly in China and India. Furthermore, rising demand for energy-efficient motors coupled with favorable government policies aimed at promoting manufacturing activities is anticipated to drive the regional market over the forecast period.
The European region accounted for a significant share of revenue in 2017 owing to growing investments by major players in hydraulic motor development along with stringent environmental regulations regarding mining equipment production are expected to drive product demand across this region during the forecast period. In addition, presence of prominent manufacturers such as Siemens AG & Co., ZF Friedrichshafen AG & Co., Caterpillar Inc.; along with high level of technological advancement are some other factors attributing towards significant share held by this region globally during same year.
North America also holds a considerable share due to growing number of construction projects undertaken by governments as well as private sectors across countries such as Canada.
Growth Factors:
- Increasing demand for hydraulic motors in the automotive industry for power steering and braking systems
- Growing demand from the construction and mining industries for powering equipment such as cranes, bulldozers, excavators, and loaders
- Hydraulic motors are increasingly being used in renewable energy applications such as wind turbines and hydroelectric generators
- Rising popularity of electric vehicles which require hydraulic motor-powered brake systems
- Advances in technology that have led to smaller, more efficient hydraulic motors
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Motor Market Research Report
By Type
Vane Type, Plunger Type, Others
By Application
Mining Equipment, Pulp & Paper Equipment, Off-Highway Equipment, Automotive, Other
By Companies
Eaton (US), Kawasaki (Jpn), Parker (US), KYB (US), Bosch Rexroth (DE), SAI, Rotary Power, Dongguan Blince, Black Bruin, Eaton (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Motor Market Report Segments:
The global Hydraulic Motor market is segmented on the basis of:
Types
Vane Type, Plunger Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining Equipment, Pulp & Paper Equipment, Off-Highway Equipment, Automotive, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton (US)
- Kawasaki (Jpn)
- Parker (US)
- KYB (US)
- Bosch Rexroth (DE)
- SAI
- Rotary Power
- Dongguan Blince
- Black Bruin
- Eaton (US)
Highlights of The Hydraulic Motor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vane Type
- Plunger Type
- Others
- By Application:
- Mining Equipment
- Pulp & Paper Equipment
- Off-Highway Equipment
- Automotive
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Motor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hydraulic motor is a type of electric motor that uses pressurized fluid to generate power. This fluid can be either oil or water, and the pressure inside the motor can be controlled using valves. This makes hydraulic motors very efficient when it comes to converting energy into motion, as they are able to do so with minimal noise and without the need for any external gears.
Some of the major companies in the hydraulic motor market are Eaton (US), Kawasaki (Jpn), Parker (US), KYB (US), Bosch Rexroth (DE), SAI, Rotary Power, Dongguan Blince, Black Bruin, Eaton (US).
The hydraulic motor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Motor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Motor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Motor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Motor Market Size & Forecast, 2018-2028
4.5.1 Hydraulic Motor Market Size and Y-o-Y Growth
4.5.2 Hydraulic Motor Market Absolute $ Opportunity
Chapter 5 Global Hydraulic Motor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hydraulic Motor Market Size Forecast by Type
5.2.1 Vane Type
5.2.2 Plunger Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydraulic Motor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hydraulic Motor Market Size Forecast by Applications
6.2.1 Mining Equipment
6.2.2 Pulp & Paper Equipment
6.2.3 Off-Highway Equipment
6.2.4 Automotive
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Motor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Motor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hydraulic Motor Analysis and Forecast
9.1 Introduction
9.2 North America Hydraulic Motor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hydraulic Motor Market Size Forecast by Type
9.6.1 Vane Type
9.6.2 Plunger Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hydraulic Motor Market Size Forecast by Applications
9.10.1 Mining Equipment
9.10.2 Pulp & Paper Equipment
9.10.3 Off-Highway Equipment
9.10.4 Automotive
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hydraulic Motor Analysis and Forecast
10.1 Introduction
10.2 Europe Hydraulic Motor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hydraulic Motor Market Size Forecast by Type
10.6.1 Vane Type
10.6.2 Plunger Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hydraulic Motor Market Size Forecast by Applications
10.10.1 Mining Equipment
10.10.2 Pulp & Paper Equipment
10.10.3 Off-Highway Equipment
10.10.4 Automotive
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hydraulic Motor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydraulic Motor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hydraulic Motor Market Size Forecast by Type
11.6.1 Vane Type
11.6.2 Plunger Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hydraulic Motor Market Size Forecast by Applications
11.10.1 Mining Equipment
11.10.2 Pulp & Paper Equipment
11.10.3 Off-Highway Equipment
11.10.4 Automotive
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hydraulic Motor Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydraulic Motor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hydraulic Motor Market Size Forecast by Type
12.6.1 Vane Type
12.6.2 Plunger Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hydraulic Motor Market Size Forecast by Applications
12.10.1 Mining Equipment
12.10.2 Pulp & Paper Equipment
12.10.3 Off-Highway Equipment
12.10.4 Automotive
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hydraulic Motor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydraulic Motor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hydraulic Motor Market Size Forecast by Type
13.6.1 Vane Type
13.6.2 Plunger Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hydraulic Motor Market Size Forecast by Applications
13.10.1 Mining Equipment
13.10.2 Pulp & Paper Equipment
13.10.3 Off-Highway Equipment
13.10.4 Automotive
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Motor Market: Competitive Dashboard
14.2 Global Hydraulic Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton (US)
14.3.2 Kawasaki (Jpn)
14.3.3 Parker (US)
14.3.4 KYB (US)
14.3.5 Bosch Rexroth (DE)
14.3.6 SAI
14.3.7 Rotary Power
14.3.8 Dongguan Blince
14.3.9 Black Bruin
14.3.10 Eaton (US)
