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Global Hydrostatic Transmission Market 2017-2021

Global Hydrostatic Transmission Market 2017-2021

About Hydrostatic Transmission

A hydrostatic transmission is a device that is used to transmit torque through pressure from the fluid that circulates between the pump and the motor. The fluid influences the dynamic behavior of the hydraulic and control systems. A hydrostatic transmission is required to facilitate the movement of heavy machinery with enormous power demand without high velocity. The device is typically used in combination with land-moving equipment, industrial machinery, and heavy-duty machines such as forklift, combines, excavators, and tractors. Since the hydrostatic transmission has high fuel efficiency over gear shift transmission, the former is preferred to be used for load moving and carrying vehicles.

Technavio’s analysts forecast the global hydrostatic transmission market to grow at a CAGR of 4.15% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global hydrostatic transmission market for 2017-2021. To calculate the market size, the report considers the sales and services market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Hydrostatic Transmission Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Dana, Danfoss
  • Eaton
  • KANZAKI
  • Parker Hannifin
Other prominent vendors
  • Bosch Rexroth
  • Carraro Drive Tech
  • Deere & Company
  • Doosan
  • GS Global Resources
  • ISEKI
  • Kawasaki Heavy Industries
  • Komatsu
  • The Linde Group
  • Oil-Air Products
  • OMSI
  • POCLAIN HYDRAULICS
  • Tuff Torq
  • ZF Friedrichshafen
Market driver
  • Increasing demand for customized hydrostatic transmission
  • For a full, detailed list, view our report
Market challenge
  • Excessive cost of buying and installation of hydrostatic transmission
  • For a full, detailed list, view our report
Market trend
  • Increasing adoption of mid-size heavy equipment with hydrostatic transmission
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Hydrostatic Transmission Market 2017-2021

Technavio recognizes the following companies as the key players in the global hydrostatic transmission market: Dana, Danfoss, Eaton, KANZAKI, and Parker Hannifin.

Other Prominent Vendors in the market are: Bosch Rexroth, Carraro Drive Tech, Deere & Company, Doosan, GS Global Resources, ISEKI, Kawasaki Heavy Industries, Komatsu, The Linde Group, Oil-Air Products, OMSI, POCLAIN HYDRAULICS, Tuff Torq, and ZF Friedrichshafen.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing adoption of mid-size heavy equipment with hydrostatic transmission. Heavy equipment such as excavators, wheel loaders, fork lifts, and tractors, under the category of 35–50-ton division, is constantly being upgraded with changing market forces and technologies. The roles of heavy equipment have increased, and the adoption rate of mid-sized heavy equipment is expected to improve in the future. This will positively impact the global hydrostatic transmission market. Wheel loaders, forklifts, and excavators are mostly used in the mining, construction, and logistics industries.”

According to the report, one of the major drivers for this market is increasing demand for customized hydrostatic transmission. There is an increase in demand for customized hydrostatic transmissions in construction, agricultural, mining and logistics and transportation industries. The logistics and transportation, construction, and mining industries require customized hydrostatic transmissions with remote control operations for their heavy equipment. Therefore, vendors are providing custom-made hydrostatic transmissions to suit end-user requirements and gain a competitive edge.

Further, the report states that one of the major factors hindering the growth of this market is Excessive cost of buying and installation of hydrostatic transmission. Hydrostatic transmission systems involve the use of pumps, motors, sensors, software, and advanced technologies. Their prices are considerably high and require a large initial one-time payment during its installation. The initial cost of hydrostatic transmission is high but the return on investments (ROI) is stronger than the of PSTs. Additional costs include investments in trailers and docks trailers, articulated forklifts, loaders, and docks, along with modification expenses. These costs appreciate depending on the customization and other operational requirements based on the industry.

Companies Mentioned

Dana, Danfoss, Eaton, KANZAKI, Parker Hannifin, Bosch Rexroth, Carraro Drive Tech, Deere & Company, Doosan, GS Global Resources, ISEKI, Kawasaki Heavy Industries, Komatsu, The Linde Group, Oil-Air Products, OMSI, POCLAIN HYDRAULICS, Tuff Torq, and ZF Friedrichshafen.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Layout of hydrostatic transmission
      • Table Advantages of hydrostatic transmission
  • Market landscape
    • Market overview
      • Table Market segmentation
    • Market size and forecast
      • Table Market size and forecast of global hydrostatic transmission market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global hydrostatic transmission market by type: Segmentation
      • Table Global hydrostatic transmission market by type 2016 and 2021 (%)
    • Global hydrostatic transmission market by heavyduty hydrostatic transmission
      • Table Global hydrostatic transmission market by heavy-duty hydrostatic transmission 2016-2021 ($ millions)
    • Global hydrostatic transmission market by medium-duty hydrostatic transmission
      • Table Global hydrostatic transmission market by medium-duty hydrostatic transmission 2016-2021 ($ millions)
    • Global hydrostatic transmission market by lightduty hydrostatic transmission
      • Table Global hydrostatic transmission market by light-duty hydrostatic transmission 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Global hydrostatic transmission market by end-user segmentation 2016
      • Table Global hydrostatic transmission market by end-user 2016 and 2021 (%)
    • Global hydrostatic transmission market by agricultural industry
      • Table Global hydrostatic transmission market by agricultural industry 2016-2021 ($ millions)
    • Global hydrostatic transmission market by construction industry
      • Table Global hydrostatic transmission market by construction industry 2016-2021 ($ millions)
    • Global hydrostatic transmission market by logistics and transportation industry
      • Table Global hydrostatic transmission market by logistics and transportation industry 2016-2021 ($ millions)
    • Global hydrostatic transmission market by others
      • Table Global hydrostatic transmission market by others 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global hydrostatic transmission market by geography 2016 and 2021 (%)
    • Hydrostatic transmission market in APAC
      • Table Hydrostatic transmission market in APAC 2016-2021 ($ millions)
    • Hydrostatic transmission market in Americas
      • Table Hydrostatic transmission market in Americas 2016-2021 ($ millions)
    • Hydrostatic transmission market in EMEA
      • Table Hydrostatic transmission market in EMEA 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing adoption of mid-size heavy equipment with hydrostatic transmission
    • Rising advancements in agriculture and farming equipment in emerging economies
    • Need for remote control and real-time monitoring of mobile or stationary machines
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Dana
      • Table Dana: Product segments
      • Table Dana: Hydrostatic transmission product portfolio
      • Table Dana: Key highlights
    • Danfoss
      • Table Danfoss: Product segments (power solutions)
      • Table Danfoss: Hydrostatic transmission product portfolio
      • Table Danfoss: Key highlights
    • Eaton
      • Table Eaton: Product segments
      • Table Eaton: Hydrostatic transmission product portfolio
      • Table Eaton: Key highlights
    • KANZAKI
      • Table KANZAKI: Product segments
      • Table KANZAKI: Hydrostatic transmission product portfolio
    • Parker Hannifin
      • Table Parker Hannifin: Product segments
      • Table Parker Hannifin: Hydrostatic transmission product portfolio
      • Table Parker Hannifin: Key highlights
  • Appendix
    • List of abbreviations
  • Explore Technavio

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