Automotive Hydrostatic Fan Drive System - Global Market Outlook (2017-2026)
According to Stratistics MRC, the global automotive hydrostatic fan drive system market is estimated at $130.5 million in 2017 and is projected to reach $245.36 million by 2026, at a CAGR of 7.3%. The growing demand for an independent, compact, & silent engine cooling system for off-highway vehicles is likely to drive the Market. The market growth can also be attributed to the increasing stringency of emission rules, which have accentuated the demand for a fuel-efficient engine cooling system. However, the increasing demand for electric vehicles of engine cooling components such as radiators, oil coolers, and hydraulic motor & pumps are restraining the market growth.
The automotive hydrostatic fan drive control system monitors cooling parameter inputs and provides an electronic signal to a proportional hydraulic valve. The proportional valve relays a hydraulic signal either to the bypass valve on the motor or the displacement control of a variable displacement pump. Possible inputs to the fan drive control system include engine coolant temperature, charge air temperature, engine or transmission oil temperature, compartment temperature, ambient temperature, and various other signals and switches. Also, many engine control systems provide a fan controlling signal or CAN message which can serve as a cooling parameter input. A key advantage of electric fans is increased engine cooling and improved air conditioning cooling at idle, when it is most needed. In addition, replacing an engine-driven fan can increase horsepower and improve fuel economy as the engine drag from turning the fan is eliminated.
Based on Vehicle type, the Construction equipment segment accounted for considerable market share during the forecast period. The growth of this segment can be attributed to its increasing stringency of emission norms and regulations for off-highway vehicles has accentuated the need for an effective cooling system that maintains the desired engine temperature to ensure complete combustion of fuel. By geography, Asia pacific held the largest market due to growth in the global market during the forecast period. The region is home to technologically advanced markets for automotive such as South Korea and Japan along with developing countries such as China and India. The growing demand for construction equipment and agricultural tractors due to infrastructural and agricultural developments is propelling the growth of automotive hydrostatic fan drive system market in the region.
Some of the key players in automotive hydrostatic fan drive System market are Bosch, Walvoil, Danfos, Casappa, Concentric, Bondioli & Pavesi, Eaton, Enovation Controls, Bucher Hydraulics, Axiomatic Technologies, Hawe Hydraulik, Hydac International, Parker Hannifin, Hydrosila Group, Jtekt, Quality Hydraulics & Pneumatics, Avid Impex and Hydraforce Hydraulics.
Pump Types Covered:
• Variable Displacement Pump
• Fixed Displacement Pump
• Hydraulic Motor
• Oil Cooler
• Hydraulic Pump
• Electronic Control Unit (ECU).
• Hydraulic Valves & Sensors
Vehicle Types Covered:
• Construction Equipment
• Agricultural Tractors
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.