Hydrostatic Transmission Market By Capacity (Light Duty, Medium Duty, Heavy Duty), By Operation Type (VDM-CDP, VDP-CDM, VDM-VDP), By Application (Agriculture, Construction & Mining, Logistics & Transport, Others) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Increasing Application of Hydrostatic Transmission in the Agriculture Industry is driving the Hydrostatic Transmission Market.

Globally, the hydrostatic transmission market is expected to grow with a CAGR of 6.5% during the forecast period from 2019 to 2027, starting from 2018, with a market value of US$ 6.12 Bn. Hydrostatic transmissions are the devices or systems utilized by heavy machinery with high power and speed. These devices use fluid pressure around the pump and motors to transmit torque. Moreover, these machines have applications in various industries such as construction and mining, heavy industries, agriculture, and others. In addition, hydrostatic transmission devices or systems can also be used in power generation systems, ships, railway vehicles, generators, and others.

Since the past few years, the demand for hydrostatic transmission has witnessed significant growth as its applications are increasing in various industrial aspects, such as power generation systems, railway vehicles, ships, and many other areas. As industrialization across the globe has taken a huge leap, the demand for high-capacity hydrostatic transmission equipment is enhancing. In addition, rapid developments in the end-use industries are driving the growth of the hydrostatic transmission market during the forecast period. However, technical errors associated with the devices and the high cost of hydrostatic transmission are likely to restrain the growth of this market.

Market Synopsis

Hydrostatic Transmission with Heavy Duty in its Capacity Segment Continues Dominating the Market

In 2018, the heavy-duty segment led the overall hydrostatic transmission market by contributing to more than 1/3rd of the market share of the total revenue generated globally. The heavy-duty hydrostatic transmission is used in transit mixers, road rollers, pavers, motor graders, loaders, dozer harvesters, cranes, marine, sweepers, lift truck, windrower, sprayer, and planters which is a major factor for their high market share. However, the medium-duty devices are expected to be the fastest-growing segment during the forecast period and are expected to dominate the market during the forecast period.

Europe Dominates the Market by Region

The global hydrostatic transmission market is led by Europe due to heavy investments made by the companies in the region. Additionally, there has been development in the infrastructure across various countries within the last decades in the region, which is contributing to the market growth. As a result, the region accounted for more than 35.0% of the market share in 2018. Additionally, increasing farming in the region is a factor driving market growth. The region consists of countries such as the UK, Germany, France, Spain, Italy and others with large agriculture and construction industries. U.K. is accounted to be the fastest growing country in the region. However, Germany is expected to the dominate the market during the forecast period.

Some prominent players operating in the hydrostatic transmission market include Parker Hannifin Corp., Eaton Corp. PLC, and Kanzaki Kokyukoki Mfg. Co., Ltd., Danfoss A/S, Dana Incorporated, CARRARO Group, Poclain Hydraulics, Kawasaki Heavy Industries, Ltd., Robert Bosch GmbH, Inoxt, Inc., Tuff Torq Corp., Linde Hydraulics GmbH & Co. KG, Hydrosila Group, Pemar, S.A, and HANSA-TMP Group.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The hydrostatic transmission market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global hydrostatic transmission market based on application, capacity, operation type, and geography. Key segments covered in the report are as follows:


Research Period  2017-2027

Base Year           2018

Forecast Period   2019-2027

Historical Year    2017

Unit                   USD Billion


 Segmentation Capacity Segment (2017–2027; US$ Bn)

  • Light Duty
  • Medium Duty
  • Heavy Duty

 Operation Type Segment (2017–2027; US$ Bn)


 Application Segment (2017–2027; US$ Bn)

  • Agriculture
  • Construction & Mining
  • Logistics & Transport
  • Others

 Geography Segment (2017–2027; US$ Bn)

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and the Rest of Europe)
  • Asia Pacific (Japan, China, India, and the Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

 Key questions answered in this report.

  • What was the market size of hydrostatic transmission in 2018, and forecast up to 2027?
  • Which is the largest regional market for heavy-duty in capacity?
  • What are the major trends followed in the hydrostatic transmission market across different regions?
  • Who is the key hydrostatic transmission companies leading the market?
  • What are the key strategies adopted by the leading hydrostatic transmission companies in the market?

Unique data points of this report

  • Statistics on hydrostatic transmission penetration and spending worldwide
  • Recent trends across different regions in adopting hydrostatic transmission for applications exist.
  • Notable developments going on in the hydrostatic transmission market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently asked questions :

The market for Hydrostatic Transmission Market is expected to reach US$ 6.12 Bn in 2027.

The Hydrostatic Transmission Market is expected to see significant CAGR growth over the coming years, at 6.5%.

The report is forecasted from 2018-2027.

The base year of this report is 2017.

Eaton Corp. PLC, and Kanzaki Kokyukoki Mfg. Co., Ltd., Danfoss A/S, Dana Incorporated, CARRARO Group, Poclain Hydraulics, Kawasaki Heavy Industries, Ltd. are some of the major players in the global market.

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Published Date:  Sep 2019
Category:  Automotive & Transportation
Report ID:   59924
Report Format:   PDF
Pages:   120
Rating:    4.2 (49)
Delivery Time: 24 Hours to 48 Hours   
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