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Automotive Hydrostatic Fan Drive System Market Worth 229.6 Million USD by 2025

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News provided by

MarketsandMarkets

24 May, 2018, 12:30 GMT

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PUNE, India, May 24, 2018 /PRNewswire/ --

According to a new market research report "Automotive Hydrostatic Fan Drive System Market by Component, Pump Type (Fixed Displacement and Variable Displacement), Vehicle Type (Buses, Construction Equipment, and Agricultural Tractors), and Region - Global Forecast to 2025", published MarketsandMarkets™, the market is projected to grow at a CAGR of 6.80% during the forecast period, from USD 144.8 Million in 2018 to USD 229.6 Million by 2025.s

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 68 market data Tables and 47 Figures spread through 128 Pages and in-depth TOC on "Automotive Hydrostatic Fan Drive System Market'’ 

https://www.marketsandmarkets.com/Market-Reports/automotive-hydrostatic-fan-drive-system-market-250573626.html

Early buyers will receive 10% customization on this report 

The growing demand for an independent, compact, and silent engine cooling system for off-highway vehicles is expected to drive the Automotive Hydrostatic Fan Drive System Market. The market growth can also be attributed to the increasing stringency of emission regulations, which have accentuated the demand for a fuel-efficient engine cooling system.

Construction equipment is estimated to be the largest segment in the Automotive Hydrostatic Fan Drive System Market 

Construction equipment is estimated to be the largest segment of the Automotive Hydrostatic Fan Drive System Market during the forecast period. The growing infrastructural developments in developing countries such as China and India are expected to drive the growth of the Automotive Hydrostatic Fan Drive System Market in the construction equipment segment. Additionally, the high penetration of hydrostatic fan drive system in construction equipment is contributing to the market share of this segment.

Ask for PDF brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=250573626

Variable Displacement Pump is estimated to be the fastest-growing segment of the Automotive Hydrostatic Fan Drive System Market 

The variable displacement pump is estimated to be the fastest growing market during the forecast period. The variable displacement pump is more efficient in controlling the hydraulic flow as per the requirement of the hydraulic motor (fan) speed. However, the variable displacement pump is comparatively expensive. Due to the economies of scale, it is expected to get cheaper and find application in most of the systems.

Asia Pacific: Largest regional market for Automotive Hydrostatic Fan Drive System 

The Asia Pacific is estimated to be the largest market for automotive hydrostatic fan drive system. The Asia Pacific region accounts for about 50% of the global automobile production. The region comprises emerging economies such as China and India along with developed nations such as Japan and South Korea. The growing infrastructural developments in developing countries such as China and India and the increasingly stringent emission regulations are the key factors driving the growth of Automotive Hydrostatic Fan Drive System Market in the Asia Pacific region.

The report covers all the major players in the Automotive Hydrostatic Fan Drive System Market, including established players such as Eaton (Ireland), Parker Hannifin (US), JTEKT (Japan), Bosch (Germany), and Danfoss (Denmark). The report also comprises a few other players such as Concentric (Sweden), Bucher Hydraulics (Germany), Hawe Hydraulik (Germany), Walvoil (Italy), Bondioli & Pavesi (Italy), Enovation Controls (US), Hydac International (Germany), Casappa (Italy), Hydrosila Group (Ukraine), Axiomatic Technologies (Canada), Avid Impex (India), Quality Hydraulics & Pneumatics (US), and Hydraforce Hydraulics (US).

Know more about the Automotive Hydrostatic Fan Drive System Market: 

https://www.marketsandmarkets.com/Market-Reports/automotive-hydrostatic-fan-drive-system-market-250573626.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit Our Blog: http://mnmblog.org/market-research/automotive-transportation

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

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