Market Overview:
The global hydraulic motor for excavator 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 for excavators from various end-use industries, such as construction and infrastructure, mining and quarrying, and agriculture. The gear motors segment is expected to hold the largest share of the global hydraulic motor for excavator market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this segment can be attributed to its high efficiency and reliability compared with other types of hydraulic motors available in the market. The 1-10 ton excavator application segment is estimated to account for majority share of 49% of total revenue generated by global Hydraulic Motor For Excavators Market by 2030 end followed by 10-25 ton excavation (27%) & 25-40 ton excavation (15%) segments respectively while >40ton excavation will occupy 9%.
Product Definition:
A hydraulic motor is a mechanical actuator that converts hydraulic fluid pressure into rotational motion. The term usually refers to an actuator that drives a machine tool, such as a lathe or milling machine. Hydraulic motors are used in large machines such as excavators, where the weight of the machinery necessitates the use of hydraulics to amplify the operator's muscle power.
Gear Motors:
Gear motors are used in hydraulic excavators for various functions such as digging, loading and unloading, bucket Elevating and Scissor Lifting. The growth factor in the market is increasing due to its application scope in a wide range of end-use industries including construction & mining equipment industry.
The global gear motors market is expected to witness significant growth over the forecast period owing to technological advancements coupled with increased demand from industrial sector.
Vane Motors:
Vane motors are used in hydraulic motors for excavators. They are also known as centrifugal pumps or volumetric pumps. Vane pump is a mechanical device that increases flow of fluid by spinning one or more impellers, which may be mounted on the same shaft as the drive mechanism or on separate shafts.
Application Insights:
Based on application, the market has been segmented into 1-10 ton excavator, 10-25 ton excavator, 25-40 ton excavator and above 40ton Excavator. The 1-10ton segment held the largest share of over 60% in 2017. This is attributed to increasing demand for low cost and highly efficient motors among construction companies operating in emerging economies including China and India. Furthermore these motors are used for numerous applications such as material handling within a construction site, providing power to small tools like nail guns at construction sites etc., thereby contributing towards high demand among various industries across the globe.
The 10-25ton segment is expected to witness significant growth over the forecast period owing to rising demand from various sectors including mining & quarrying operations, utility companies etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities, which is subsequently driving the demand for hydraulic motors for excavator. China, India, Japan, South Korea are some of the prominent markets that are anticipated to offer growth opportunities for industry participants during the forecast period.
The growing infrastructure development across emerging economies such as India and China is expected to drive product demand from 2018 to 2030 timeframe. In addition, increasing government initiatives towards developing smart cities coupled with rising investments in industrial automation may also trigger product demand over next eight years.
North America accounted for a significant share of revenue generated by selling products throughout various applications across different weight categories of excavators including 1-10 ton; 10-25 ton; 25-40 ton; >40 Ton Excavator range from U S A., Canada & Mexico countries respectively).
Growth Factors:
- Increasing demand for hydraulic excavators in the construction and mining industries
- Growing popularity of mini excavators
- Rising adoption of hydraulic motors in agricultural equipment
- Proliferation of rental services for construction and mining equipment
- Technological advancements in hydraulic motors
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Motor for Excavator Market Research Report
By Type
Gear Motors, Vane Motors, Piston Motors
By Application
1-10 Ton Excavator, 10-25 Ton Excavator, 25-40 Ton Excavator, >40 Ton Excavator
By Companies
KYB, Hengli Hydraulic, Komatsu, Caterpillar, Doosan, Liebherr, Sany Zhongxing, John Deere, Northern Hydraulics, HYDAC, XCMG
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Motor for Excavator Market Report Segments:
The global Hydraulic Motor for Excavator market is segmented on the basis of:
Types
Gear Motors, Vane Motors, Piston Motors
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
1-10 Ton Excavator, 10-25 Ton Excavator, 25-40 Ton Excavator, >40 Ton Excavator
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:
- KYB
- Hengli Hydraulic
- Komatsu
- Caterpillar
- Doosan
- Liebherr
- Sany Zhongxing
- John Deere
- Northern Hydraulics
- HYDAC
- XCMG
Highlights of The Hydraulic Motor for Excavator 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:
- Gear Motors
- Vane Motors
- Piston Motors
- By Application:
- 1-10 Ton Excavator
- 10-25 Ton Excavator
- 25-40 Ton Excavator
- >40 Ton Excavator
- 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 for Excavator 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 engine that uses pressurized fluid to turn a shaft. This type of engine is used in excavators because it can generate a lot of power and be very efficient.
Some of the major companies in the hydraulic motor for excavator market are KYB, Hengli Hydraulic, Komatsu, Caterpillar, Doosan, Liebherr, Sany Zhongxing, John Deere, Northern Hydraulics, HYDAC, XCMG.
The hydraulic motor for excavator market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Motor for Excavator Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Motor for Excavator Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Motor for Excavator Market - Supply Chain
4.5. Global Hydraulic Motor for Excavator Market Forecast
4.5.1. Hydraulic Motor for Excavator Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Motor for Excavator Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Motor for Excavator Market Absolute $ Opportunity
5. Global Hydraulic Motor for Excavator Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Motor for Excavator Market Size and Volume Forecast by Type
5.3.1. Gear Motors
5.3.2. Vane Motors
5.3.3. Piston Motors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Motor for Excavator Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Motor for Excavator Market Size and Volume Forecast by Application
6.3.1. 1-10 Ton Excavator
6.3.2. 10-25 Ton Excavator
6.3.3. 25-40 Ton Excavator
6.3.4. >40 Ton Excavator
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Motor for Excavator Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Motor for Excavator Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Motor for Excavator Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Motor for Excavator Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Motor for Excavator Demand Share Forecast, 2019-2026
9. North America Hydraulic Motor for Excavator Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Motor for Excavator Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Motor for Excavator Market Size and Volume Forecast by Application
9.4.1. 1-10 Ton Excavator
9.4.2. 10-25 Ton Excavator
9.4.3. 25-40 Ton Excavator
9.4.4. >40 Ton Excavator
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Motor for Excavator Market Size and Volume Forecast by Type
9.7.1. Gear Motors
9.7.2. Vane Motors
9.7.3. Piston Motors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Motor for Excavator Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Motor for Excavator Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Motor for Excavator Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Motor for Excavator Market Size and Volume Forecast by Application
10.4.1. 1-10 Ton Excavator
10.4.2. 10-25 Ton Excavator
10.4.3. 25-40 Ton Excavator
10.4.4. >40 Ton Excavator
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Motor for Excavator Market Size and Volume Forecast by Type
10.7.1. Gear Motors
10.7.2. Vane Motors
10.7.3. Piston Motors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Motor for Excavator Demand Share Forecast, 2019-2026
11. Europe Hydraulic Motor for Excavator Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Motor for Excavator Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Motor for Excavator Market Size and Volume Forecast by Application
11.4.1. 1-10 Ton Excavator
11.4.2. 10-25 Ton Excavator
11.4.3. 25-40 Ton Excavator
11.4.4. >40 Ton Excavator
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Motor for Excavator Market Size and Volume Forecast by Type
11.7.1. Gear Motor
11.7.2. Vane Motors
11.7.3. Piston Motors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Motor for Excavator Demand Share, 2019-2026
12. Asia Pacific Hydraulic Motor for Excavator Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Motor for Excavator Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Motor for Excavator Market Size and Volume Forecast by Application
12.4.1. 1-10 Ton Excavator
12.4.2. 10-25 Ton Excavator
12.4.3. 25-40 Ton Excavator
12.4.4. >40 Ton Excavator
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Motor for Excavator Market Size and Volume Forecast by Type
12.7.1. Gear Motors
12.7.2. Vane Motors
12.7.3. Piston Motors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Motor for Excavator Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Motor for Excavator Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Motor for Excavator Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Motor for Excavator Market Size and Volume Forecast by Application
13.4.1. 1-10 Ton Excavator
13.4.2. 10-25 Ton Excavator
13.4.3. 25-40 Ton Excavator
13.4.4. >40 Ton Excavator
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Motor for Excavator Market Size and Volume Forecast by Type
13.7.1. Gear Motors
13.7.2. Vane Motors
13.7.3. Piston Motors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Motor for Excavator Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Motor for Excavator Market: Market Share Analysis
14.2. Hydraulic Motor for Excavator Distributors and Customers
14.3. Hydraulic Motor for Excavator Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. KYB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hengli Hydraulic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Komatsu
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Caterpillar
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Doosan
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Liebherr
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sany Zhongxing
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. John Deere
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Northern Hydraulics
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HYDAC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. XCMG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook