Market Overview:
The global power take off department market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The automotive segment is expected to account for the majority share of the global power take off department market in 2018. However, the machinery segment is anticipated to register highest CAGR over the forecast period. In terms of region, North America dominates the global power take off department market followed by Europe and Asia Pacific.
Product Definition:
Power take-off department is a part of an organization that is responsible for the generation and distribution of power. This department is responsible for ensuring that the company has a reliable and consistent source of power, which is necessary for running the business. The power take-off department can be divided into different areas, such as generation, transmission, and distribution.
Power Take Offs - 6 Bolt:
Power take-offs are devices used to transfer power from one machine to another without any loss of energy. They are mainly used in industrial applications where the power required is too high for the input voltage supply to handle. Power take-off (PTO) department is an administrative division of a company that deals with maintenance, repair, and operations (MRO) of heavy electrical equipment and machinery such as diesel engines, compressors, turbines among others.
Power Take Offs - 8 Bolt:
Power take-offs are used to transfer power from one device or system to another. They are mainly used in railway applications, where they can be mounted on the engine or car body. Power take-off is a mechanical device that allows engines to drive vehicles without any assistance from the driving force, i.e., without using the vehicle's transmission or motorized gearbox.
The 8 bolt type of PTO is widely accepted across various industries such as automotive & transportation.
Application Insights:
Automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growing automotive sector across the globe owing to increasing disposable income levels coupled with rising per capita ownership rates of vehicles is expected to drive demand for GPTOS in automobiles, thereby propelling industry growth over the coming years.
The machinery application segment was valued at USD 1,252.6 million in 2017 and is also anticipated to witness significant growth during the forecast period owing to its high take off weight capacity ranging from 5 ton up till infinity (as per customer requirement). Increasing industrialization along with rapid urbanization has resulted in an increased need for construction equipment particularly heavy machinery that requires more power transmission & GPTO systems due largely on low availability of electricity supply which forces customers towards purchasing such products resulting into driving industry expansion over next few years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing industrialization and rising demand for efficient power take off units in countries such as China, India, Japan, and South Korea. In addition, growing infrastructure activities in emerging economies of Asia Pacific are expected to drive the demand for heavy machinery including construction equipment and trucks which will further propel market growth over the forecast period.
Europe accounted for a significant share of global revenue in 2017 owing to high product adoption by OEMs across major countries such as Germany, France Italy Russia Spain U.K., among others.
Growth Factors:
- Increasing demand for agricultural equipment: The global population is growing at a rapid pace and with it the demand for food. This is driving the need for more efficient agricultural equipment, which in turn is boosting the demand for power take off department market products.
- Rising disposable income: A growing middle class in developing countries is fueling the demand for better quality and more expensive power take off department market products.
- Technological advancements: The power take off department market is constantly evolving with new technologies being developed to improve efficiency and performance of products. This is attracting new consumers to the market, thereby driving growth.
- Urbanization: As people move from rural to urban areas, there is an increasing need for infrastructure development such as transportation, communication, and energy systems etc., which are all dependent on power take off department market products .This creates opportunities for growth in the industry overall . 5) Growing awareness about benefits of using power take-off devices: There has been a rise in awareness about how using a properly functioning PTO can save time and money while improving productivity on farms or construction sites
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Take Off Department Market Research Report
By Type
Power Take Offs - 6 Bolt, Power Take Offs - 8 Bolt, Power Take Offs - 10 Bolt, Others
By Application
Automotive, Machinery
By Companies
Interpump Group, Parker, Hyva, OMFB, Weichai Power, Bezares, Zhejiang Bezares Power Transmission Co.,Ltd, ZF Friedrichshafen AG, Kozanoğlu Kozmaksan Ltd., Ozceylanlar Hydraulic Co., OMSI, SUNFAB, MX Company, Qijiang Gear Transmission Co., Ltd. (QJGT)
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Power Take Off Department Market Report Segments:
The global Power Take Off Department market is segmented on the basis of:
Types
Power Take Offs - 6 Bolt, Power Take Offs - 8 Bolt, Power Take Offs - 10 Bolt, 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
Automotive, Machinery
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:
- Interpump Group
- Parker
- Hyva
- OMFB
- Weichai Power
- Bezares
- Zhejiang Bezares Power Transmission Co.,Ltd
- ZF Friedrichshafen AG
- Kozanoğlu Kozmaksan Ltd.
- Ozceylanlar Hydraulic Co.
- OMSI
- SUNFAB
- MX Company
- Qijiang Gear Transmission Co., Ltd. (QJGT)
Highlights of The Power Take Off Department 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:
- Power Take Offs - 6 Bolt
- Power Take Offs - 8 Bolt
- Power Take Offs - 10 Bolt
- Others
- By Application:
- Automotive
- Machinery
- 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 Power Take Off Department 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
The Power Take Off Department is responsible for the safe and efficient operation of aircraft engines.
Some of the key players operating in the power take off department market are Interpump Group, Parker, Hyva, OMFB, Weichai Power, Bezares, Zhejiang Bezares Power Transmission Co.,Ltd, ZF Friedrichshafen AG, KozanoÄŸlu Kozmaksan Ltd., Ozceylanlar Hydraulic Co., OMSI, SUNFAB, MX Company, Qijiang Gear Transmission Co., Ltd. (QJGT).
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Take Off Department 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 Power Take Off Department Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Take Off Department 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 Power Take Off Department 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 Power Take Off Department Market Size & Forecast, 2018-2028
4.5.1 Power Take Off Department Market Size and Y-o-Y Growth
4.5.2 Power Take Off Department Market Absolute $ Opportunity
Chapter 5 Global Power Take Off Department 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 Power Take Off Department Market Size Forecast by Type
5.2.1 Power Take Offs - 6 Bolt
5.2.2 Power Take Offs - 8 Bolt
5.2.3 Power Take Offs - 10 Bolt
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Take Off Department 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 Power Take Off Department Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Machinery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Take Off Department 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 Power Take Off Department 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 Power Take Off Department Analysis and Forecast
9.1 Introduction
9.2 North America Power Take Off Department 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 Power Take Off Department Market Size Forecast by Type
9.6.1 Power Take Offs - 6 Bolt
9.6.2 Power Take Offs - 8 Bolt
9.6.3 Power Take Offs - 10 Bolt
9.6.4 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 Power Take Off Department Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Machinery
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 Power Take Off Department Analysis and Forecast
10.1 Introduction
10.2 Europe Power Take Off Department 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 Power Take Off Department Market Size Forecast by Type
10.6.1 Power Take Offs - 6 Bolt
10.6.2 Power Take Offs - 8 Bolt
10.6.3 Power Take Offs - 10 Bolt
10.6.4 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 Power Take Off Department Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Machinery
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 Power Take Off Department Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Take Off Department 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 Power Take Off Department Market Size Forecast by Type
11.6.1 Power Take Offs - 6 Bolt
11.6.2 Power Take Offs - 8 Bolt
11.6.3 Power Take Offs - 10 Bolt
11.6.4 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 Power Take Off Department Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Machinery
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 Power Take Off Department Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Take Off Department 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 Power Take Off Department Market Size Forecast by Type
12.6.1 Power Take Offs - 6 Bolt
12.6.2 Power Take Offs - 8 Bolt
12.6.3 Power Take Offs - 10 Bolt
12.6.4 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 Power Take Off Department Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Machinery
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) Power Take Off Department Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Take Off Department 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) Power Take Off Department Market Size Forecast by Type
13.6.1 Power Take Offs - 6 Bolt
13.6.2 Power Take Offs - 8 Bolt
13.6.3 Power Take Offs - 10 Bolt
13.6.4 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) Power Take Off Department Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Machinery
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 Power Take Off Department Market: Competitive Dashboard
14.2 Global Power Take Off Department Market: Market Share Analysis, 2019
14.3 Company Profiles (Details - Overview, Financials, Developments, Strategy)
14.3.1 Interpump Group
14.3.2 Parker
14.3.3 Hyva
14.3.4 OMFB
14.3.5 Weichai Power
14.3.6 Bezares
14.3.7 Zhejiang Bezares Power Transmission Co.,Ltd
14.3.8 ZF Friedrichshafen AG
14.3.9 Kozanoğlu Kozmaksan Ltd.
14.3.10 Ozceylanlar Hydraulic Co.
14.3.11 OMSI
14.3.12 SUNFAB
14.3.13 MX Company
14.3.14 Qijiang Gear Transmission Co., Ltd. (QJGT)
