Market Overview:
The global power take off (PTO) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the automotive and machinery applications is expected to drive the demand for power take offs during the forecast period. Asia Pacific is estimated to be the fastest-growing region in terms of CAGR, followed by Europe and North America.
 Industry Outlook.svg)
Product Definition:
The power take-off (PTO) is a device on an agricultural tractor or truck that allows the operator to transfer power from the engine to an implement or attachment. The PTO consists of a shaft extending from the transmission and drive axle to the implement or attachment, and a clutch that allows it to be disengaged from the engine. When engaged, torque is transmitted through the shaft to turn the implement or attachment.
Power Take Offs - 6 Bolt:
Power take-offs are used to transfer power from the main engine to accessories or peripherals. They are mainly used in construction equipment, agricultural machinery and vehicles, material handling equipment, and marine applications. Power take-off is a mechanical device that allows power transmission from a prime movers' shaft to various accessories or peripherals connected to it.
Power Take Offs - 8 Bolt:
Power take-offs are used to transfer power from the main engine to accessories or peripherals. They are mainly used in construction equipment, agricultural machinery and vehicles, material handling equipment, mining vehicles and tractors among others. Power take-off is a mechanical device that allows power from the main engine to be distributed amongst various devices or systems connected to it.
Application Insights:
The 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 growth can be attributed to rising demand for electric vehicles across major economies such as U.S., China, and Germany. Electric vehicles require power take offs with high efficiency so that they can engage/disengage easily without any human intervention, which is expected to propel product demand in near future.
Power take offs with integral oil cooler are used in heavy-duty machinery applications owing to their ability to provide direct drive from engine without any additional transmission components or gears, thereby reducing overall machine cost and weight reduction further driving the global market growth over the coming 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 offs in various applications. Asia Pacific is home to several emerging economies, such as China, India, and Indonesia that are also major manufacturing hubs of numerous industries including automotive, construction equipment etc.
The region has witnessed a significant rise in foreign investments especially from countries such as Japan and South Korea over the past few years owing to rapid industrialization coupled with improving economic conditions of its respective countries. For instance; In 2015 ‘Make in India’ campaign was launched by Indian prime minister Narendra Modi which encouraged domestic manufacturing through Foreign Direct Investments (FDI). This initiative helped boost production activities within the country thereby driving product demand further.
Growth Factors:
- Increasing demand for agricultural mechanization: The increasing demand for agricultural mechanization is one of the key growth drivers for the PTO market. Agricultural mechanization helps in improving the productivity and efficiency of agriculture operations. This, in turn, is expected to drive the demand for PTOs over the next few years.
- Growing popularity of electric vehicles: The growing popularity of electric vehicles is another major growth driver for the PTO market. With a growing focus on environment-friendly technologies, electric vehicles are gaining traction across different sectors worldwide. This is expected to create opportunities for players operating in the PTO market over the next few years.
- Rising awareness about energy conservation: There has been a rising awareness about energy conservation among consumers across different regions worldwide in recent years. This has led to an increase in demand for energy-efficient technologies and products, including those used in automobiles and agriculture applications respectively In turn, this is likely to fuel growth prospects for players operating in th
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Take Off（PTO) 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, Bezares, OMFB, Weichai Power, Hyva, Kozanolu Kozmaksan Ltd., Ozceylanlar Hydraulic Co., OMSI, SUNFAB, MX Company, Qijiang Gear Transmission Co., Ltd. (QJGT), ZF Friedrichshafen AG, Twin Disc, PT Tech, Logan Clutch, Force Control Industires,Inc
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Power Take Off（PTO) Market Report Segments:
The global Power Take Off（PTO) 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
- Bezares
- OMFB
- Weichai Power
- Hyva
- Kozanolu Kozmaksan Ltd.
- Ozceylanlar Hydraulic Co.
- OMSI
- SUNFAB
- MX Company
- Qijiang Gear Transmission Co., Ltd. (QJGT)
- ZF Friedrichshafen AG
- Twin Disc
- PT Tech
- Logan Clutch
- Force Control Industires,Inc
 Market Overview.svg)
Highlights of The Power Take Off（PTO) 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（PTO) 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
 Market Statistics.svg)
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?
Power Take Offu00efu00bcu02c6PTO is a system that allows an engine to be started by using the power of an external source, such as a tractor or motorbike.
Some of the key players operating in the power take off（pto) market are Interpump Group, Parker, Bezares, OMFB, Weichai Power, Hyva, Kozanolu Kozmaksan Ltd., Ozceylanlar Hydraulic Co., OMSI, SUNFAB, MX Company, Qijiang Gear Transmission Co., Ltd. (QJGT), ZF Friedrichshafen AG, Twin Disc, PT Tech, Logan Clutch, Force Control Industires,Inc.
The power take off¯¼ë†pto) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Take Off（PTO) 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（PTO) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Take Off（PTO) 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（PTO) 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（PTO) Market Size & Forecast, 2018-2028
4.5.1 Power Take Off（PTO) Market Size and Y-o-Y Growth
4.5.2 Power Take Off（PTO) Market Absolute $ Opportunity
Chapter 5 Global Power Take Off（PTO) 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（PTO) 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（PTO) 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（PTO) 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（PTO) 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（PTO) 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（PTO) Analysis and Forecast
9.1 Introduction
9.2 North America Power Take Off（PTO) 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（PTO) 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（PTO) 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（PTO) Analysis and Forecast
10.1 Introduction
10.2 Europe Power Take Off（PTO) 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（PTO) 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（PTO) 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（PTO) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Take Off（PTO) 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（PTO) 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（PTO) 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（PTO) Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Take Off（PTO) 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（PTO) 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（PTO) 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（PTO) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Take Off（PTO) 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（PTO) 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（PTO) 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（PTO) Market: Competitive Dashboard
14.2 Global Power Take Off（PTO) 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 Bezares
14.3.4 OMFB
14.3.5 Weichai Power
14.3.6 Hyva
14.3.7 Kozanolu Kozmaksan Ltd.
14.3.8 Ozceylanlar Hydraulic Co.
14.3.9 OMSI
14.3.10 SUNFAB
14.3.11 MX Company
14.3.12 Qijiang Gear Transmission Co., Ltd. (QJGT)
14.3.13 ZF Friedrichshafen AG
14.3.14 Twin Disc
14.3.15 PT Tech
14.3.16 Logan Clutch
14.3.17 Force Control Industires,Inc
