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Home » Automotive » Hydrostatic Transmission Market Size, Share Report

Hydrostatic Transmission Market By Capacity (Light-Duty Hydrostatic Transmission, Medium-Duty Hydrostatic Transmission, Heavy-Duty Hydrostatic Transmission); By Operation Type (Variable Displacement Pump with Fixed Motor, Variable Displacement Pump with Variable Motor, Fixed Displacement Pump with Fixed Motor); By Application (Agricultural Machinery [Tractors, Harvesters], Construction Equipment [Excavators, Loaders], Industrial Machinery [Conveyors, Cranes], Mining Equipment, Automotive [Forklifts, Heavy-Duty Trucks]); By End-User (Agriculture, Construction, Mining, Industrial, Automotive); By Component (Pumps, Motors, Valves, Filters, Accumulators, Others [Heat Exchangers, Reservoirs]); By Geography, Segment revenue estimation, Forecast, 2024-2032.

Published On: OCT-2024   |   Base Year: 2022   |   No Of Pages: 150   |   Historical Data: 2017-2021   |   Formats: PDF   |   Report ID: 71525053

The hydrostatic transmission market was worth USD 5.34 billion in 2023 and will be worth USD 7.82 billion by 2030, growing at a CAGR of 4.9% during the forecast period.

 

Hydrostatic Transmission market is driven by growing demand for effective power transmission systems in sectors like agriculture, construction, and mining. Hydrostatic transmissions give a smoother flow of power, better control of torque, and improved fuel economy, making them perfect for application in hefty machines. For instance, the worldwide agricultural machinery market prognosticates to expand more than 7% per year and hydrostatic transmissions are gaining ground in tractors and harvester as being more dependable for their exact precision and operation. John Deere launched its new models in agricultural equipment and hydrostatic transmission in 2023, featuring improved fuel efficiency and low operating expenses. Moreover, increasing awareness of environmental conservation increases the need for companies to design and create environmentally friendly and energy-efficient transmission systems to boost the use of hydrostatic technology across the market sectors.

 

Due to the growing tendency of automation or mechanization of agriculture and construction industry sectors the Hydrostatic Transmission market holds good promise. The world’s market for agriculture equipment will rise to over $150 billion by 2025 due to an increase in food demands as well as the need for efficient equipment. Hydrostatic transmissions that provide more gradual and higher efficiency control are becoming necessary in this automation trend. For instance, in 2023, CNH Industrial presented a new generation of tractors with highly-developed hydrostatic transmission to enhance their work in precise agricultural production and save fuel. The continuous growth of renewable energy sources requirements and the need for flexibility in power transmission and usage in electric drive systems also open new application fields for hydrostatic technology within the mature markets and new emerging electric machinery.

 

Market Segmentation

By Capacity:

  • Light-Duty Hydrostatic Transmission

  • Medium-Duty Hydrostatic Transmission

  • Heavy-Duty Hydrostatic Transmission

 

By Operation Type:

  • Variable Displacement Pump with Fixed Motor

  • Variable Displacement Pump with Variable Motor

  • Fixed Displacement Pump with Fixed Motor

 

By Application:

  • Agricultural Machinery (Tractors, Harvesters)

  • Construction Equipment (Excavators, Loaders)

  • Industrial Machinery (Conveyors, Cranes)

  • Mining Equipment

  • Automotive (Forklifts, Heavy-Duty Trucks)

 

By End-User:

  • Agriculture

  • Construction

  • Mining

  • Industrial

  • Automotive

 

By Component:

  • Pumps

  • Motors

  • Valves

  • Filters

  • Accumulators

  • Others (Heat Exchangers, Reservoirs)

 

By Region

North America

  • US

  • Mexico

  • Canada

  • Rest of North America

 

Europe

  • Switzerland

  • Russia

  • France

  • Germany

  • U.K

  • Finland

  • Turkey

  • Netherlands

  • Belgium

  • Spain

  • Italy

  • Rest of Europe

 

Asia Pacific

  • India

  • China

  • South Korea

  • Japan

  • Singapore

  • Thailand

  • Indonesia

  • Malaysia

  • Philippines

  • Australia

  • Rest of Asia-Pacific

 

LAMEA

  • Brazil

  • Argentina

  • Uruguay

  • Saudi Arabia

  • Rest of LAMEA

 

Overall, North America is the largest consumer of Hydrostatic Transmission due to the region's well-developed agricultural and construction machinery industries. The United States is the biggest consumer of agricultural equipment and the market value is expected to grow more than $40 billion by 2025. The need to advance in the use of machinery, including tractors combined with hydrostatic transmission, supports the region. For example, in 2023, catering-saver launched new heavy-duty construction equipment with hydrostatic transmissions for higher fuel economy and versatility due to advanced technology. The region's focus on precision agriculture, sustainable construction practices, and manufacturers such as John Deere and CNH Industrial only strengthens the North American position in the market.

 

Key Players

  • John Deere

  • CNH Industrial

  • Caterpillar Inc.

  • Parker Hannifin Corporation

  • Eaton Corporation

  • Bosch Rexroth AG

  • Dana Incorporated

  • ZF Friedrichshafen AG

  • Sauer-Danfoss

  • Kawasaki Heavy Industries, Ltd.

Frequently Asked Question About This Report

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Table of Contents

1.    HYDROSTATIC TRANSMISSION MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030)
1.1. North America
1.2. Europe
1.3. Asia Pacific
1.4. Latin America
1.5. Middle East & Africa
2.    HYDROSTATIC TRANSMISSION MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030)
2.1. North America
2.2. Europe
2.3. Asia Pacific
2.4. Latin America
2.5. Middle East & Africa
3.    MARKET SHARE ANALYSIS – HYDROSTATIC TRANSMISSION MARKET
3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume
3.2. Market Share, 2023
3.3. Market By Capacity of HYDROSTATIC TRANSMISSION and End-Use Outlook Analysis
4.    HISTORIC TRENDS IN HYDROSTATIC TRANSMISSION MARKET
5.    EMERGING MARKET TRENDS
6.    NORTH AMERICA HYDROSTATIC TRANSMISSION MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
6.1. North America HYDROSTATIC TRANSMISSION Historical Market ($MILLION), (2017 – 2023)
6.2. North America HYDROSTATIC TRANSMISSION Market ($MILLION) and Forecasts (2024 – 2030)
6.3. North America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Capacity
6.3.1. Light-Duty Hydrostatic Transmission
6.3.2. Medium-Duty Hydrostatic Transmission
6.3.3. Heavy-Duty Hydrostatic Transmission
6.4. North America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Operation Type
6.4.1. Variable Displacement Pump with Fixed Motor
6.4.2. Variable Displacement Pump with Variable Motor
6.4.3. Fixed Displacement Pump with Fixed Motor
6.5. North America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
6.5.1. Pumps
6.5.2. Motors
6.5.3. Valves
6.5.4. Filters
6.5.5. Accumulators
6.5.6. Others (Heat Exchangers, Reservoirs)
6.6. North America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
6.6.1. Agricultural Machinery (Tractors, Harvesters)
6.6.2. Construction Equipment (Excavators, Loaders)
6.6.3. Industrial Machinery (Conveyors, Cranes)
6.6.4. Mining Equipment
6.6.5. Automotive (Forklifts, Heavy-Duty Trucks)
6.7. North America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
6.7.1. Agriculture
6.7.2. Construction
6.7.3. Mining
6.7.4. Industrial
6.7.5. Automotive
6.8. North America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
6.8.1. USA
6.8.2. Canada
6.8.3. Rest of North America
7.    USA HYDROSTATIC TRANSMISSION MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.    EUROPE HYDROSTATIC TRANSMISSION MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
8.1. Europe HYDROSTATIC TRANSMISSION Historical Market ($MILLION), (2017 – 2023)
8.2. Europe HYDROSTATIC TRANSMISSION Market ($MILLION) and Forecasts (2024 – 2030)
8.3. Europe HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Capacity
8.4. Europe HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Operation Type
8.5. Europe HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
8.6. Europe HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
8.7. Europe HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
8.8. Europe HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
8.8.1. Germany
8.8.2. France
8.8.3. UK
8.8.4. Italy
8.8.5. Spain
8.8.6. Rest of Europe
9.    APAC HYDROSTATIC TRANSMISSION MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
9.1. APAC HYDROSTATIC TRANSMISSION Historical Market ($MILLION), (2017 – 2023)
9.2. APAC HYDROSTATIC TRANSMISSION Market ($MILLION) and Forecasts (2024 – 2030)
9.3. APAC HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Capacity
9.4. APAC HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Operation Type
9.5. APAC HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
9.6. APAC HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
9.7. APAC HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
9.8. APAC HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
9.8.1. China
9.8.2. Japan
9.8.3. South Korea
9.8.4. India
9.8.5. Australia
9.8.6. Rest of APAC
10.    LATIN AMERICA HYDROSTATIC TRANSMISSION MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS)
10.1. Latin America HYDROSTATIC TRANSMISSION Historical Market ($MILLION), (2017 – 2023)
10.2. Latin America HYDROSTATIC TRANSMISSION Market ($MILLION) and Forecasts (2024 – 2030)
10.3. Latin America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Capacity
10.4. Latin America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Operation Type
10.5. Latin America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Component
10.6. Latin America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Application
10.7. Latin America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User
10.8. Latin America HYDROSTATIC TRANSMISSION Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography
10.8.1. Brazil
10.8.2. Argentina
10.8.3. Rest of Latin America
11.    COMPANY PROFILES:
11.1. John Deere
11.1.1. Company Overview  
11.1.2. Company Snapshot  
11.1.3. Operating business segments
11.1.4. Product offered and Revenue
11.1.5. Production & Sales
11.2. CNH Industrial
11.3. Caterpillar Inc.
11.4. Parker Hannifin Corporation
11.5. Eaton Corporation
11.6. Bosch Rexroth AG
11.7. Dana Incorporated
11.8. ZF Friedrichshafen AG
11.9. OTHER MARKET PLAYERS