Variable Displacement Pumps Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

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Variable Displacement Pumps Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025

Status : June, 2020 | Chemical & Materials | PPT format

Report Digest


Global Variable Displacement Pumps Market: Snapshot

Variable displacement pumps is one of the two popular types of hydraulic pumps that make positive displacement; the other being fixed displacement pumps. Variable displacement pumps used in hydraulic systems employ closed center systems. These are gaining prominence over the fixed type since they can be made to vary the flow rate and the outlet pressure, which enables the user to vary the displacement, even if constant speed motors are used. As a result, they are increasingly preferred for a variety of industrial hydraulic applications having variable energy needs. This makes variable displacement pumps useful in making the efficient use of energy available in industries and in bringing down the requirement to the lowest levels. This facility managers and engineers can meet the soaring demand for energy for other processes. A key benefit of using variable displacement pumps is that they make hydraulic pumps structurally more efficient which also drive variable displacement pumps market.

Traditionally, in fixed displacement pumps, there are several instances during operations when the mechanical energy is being converted to heat energy, thereby causing significant losses. In variable displacement pumps when the actuators are not working, the oil present in the circuits also remain stationary, thus producing energy only when required. Even when actuators must be operated at reasonably low speeds as needed in some portions of the operating cycle, variable displacement pumps prove helpful. Since they can be used to power a variety of tools and customized for numerous applications in industries such as automotive, mining, and construction, they are more expensive to install and need more supervision than fixed displacement pump. Some of the most popular types of variable displacement pumps are rotary vane pumps and bent-axis axial piston pumps.

Global Variable Displacement Pumps Market: Synopsis

To control the amount of flow in fixed displacement pumps, the speed of the pump has to be altered, which is not energy-efficient and requires manual control. These two factors make fixed displacement pumps undesirable for industrial applications, wherein variable displacement pumps are preferred instead, as they allow flow management via valves that control speed of hydraulic actuators. As the requirement for energy conservation escalates across the world, engineers at various industries such as construction, mining, and automotive now are constantly looking to reduce energy consumption at the production sites. Concurrently, the demand in the global variable displacement pumps market is estimates to expand at a healthy CAGR during the forecast period of 2017 to 2025. 

This report on global variable displacement pumps market is a thorough analysis of all the prominent factors that are expected to influence the demand over the course of next few years. It also highlights some of the trends and opportunities available for the players to strategically plan and gain advantage over their competitors. In the section on company profiles, several key players have been analyzed for their product portfolio, market share, and recent developments. The global variable displacement pumps market can be segmented on the basis of type into piston and vane, on the basis of application into hydraulic and IC engine, and end-use industry into construction, automotive, oil and gas, mining, agriculture, material handling, and plastic. Geographically, the report studies the opportunities available in the regions of North America, Europe, Asia Pacific, and Rest of the World. 

Global Variable Displacement Market: Drivers and Restraints

Prosperity of the construction industry is the primary driver for the incremented demand for variable displacement pumps, which are used to gain better control over large machine activities. Over the course of next few years, construction industry is anticipated to continue surging due to the rising population and rapid urbanization, and consequently positively influencing the variable displacement market. Similar positive impact is expected from the automotive industry too, which is at an all-time peak, with extended demand from several emerging economies such as India, China, and Brazil, and Japan. 

By type, piston pump earns maximum uptake owing to their advanced technical properties such as wide volume functionality and pressure efficiency range. By application, hydraulic machine have the maximum demand, and is expected to remain most profitable segment through-out the forecast period, serving the end-use industries, which is dominated by the construction sector, and followed by automotive and oil and gas. 

Global Variable Displacement Market: Regional Outlook

Currently, vastly populated Asia Pacific is the most profitable region for the players, with rapid economic growth of several countries, improving lifestyle of the urban population, and increased investment in the end-use industries such as construction, automotive, and agriculture. Developed countries such as the U.S., Canada, the U.K. and France have moderate construction going on, although the industries of automotive and oil and gas will ensure healthy demand coming from North America and Europe during the forecast period. In addition to it, the liberalization of foreign trade and investments and the change in industrial policies is resulting into rapid industrialization in China for the past three decades. As China and India reside vast population base, this factor is contributing to the increasing demand for variable displacement pumps in the Asia-Pacific region. 

Companies mentioned in this research report

Some of the prominent players identified by the report in the global variable displacement pumps market are: Bosch Rexroth AG (Germany), Eaton Corporation (U.S.), Parker Hannifin Corp. (U.S.), Danfoss A/S (Denmark), Hawe Hydraulics (Germany), The Oilgear Company (U.S.), Yuken Kogyo Co., Ltd (Japan), Kawasaki Heavy Industries (Japan), Atos Spa (Italy), and Casappa Spa (Italy).

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.