Global Hydrostatic Transmission Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2021-2027. Hydrostatic transmission drive is a type of transmission that is often used on heavy equipment. In hydrostatic transmissions oil pressure is used to power hydraulic motors. Growing logistics and transportation industry and rising construction sector are key drivers for the growth of Hydrostatic Transmission market. For instance, according to The Bureau of Transportation Statistics (BTS)- in USA, as of October 2021, USD 117.4 billion of transborder freight moved by all modes of transportation, which is 15.1% higher as compared to total freight moved in October 2020 and 9.6% higher as compared to USD 107.1 billion in October 2019. Also, as per India Brand Equity Forum- India plans to spend USD 1.4 trillion on infrastructure projects through the National Infrastructure Pipeline (NIP), from 2019 to 2023, to ensure sustainable development in the country. Also, with the surging infrastructure development in emerging economies, the adoption & demand for Hydrostatic Transmission is likely to increase the market growth during the forecast period. However, supply chain disruption due to covid 19 pandemic impede the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global Hydrostatic Transmission market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to growing construction and transportation sector in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such increasing agricultural activities and rising infrastructure development in the region would create lucrative growth prospects for the Hydrostatic Transmission market across Asia-Pacific region.

Major market player included in this report are:

Parker Hannifin Corp.

Dana Incorporated.,

Eaton Corporation plc.,

Komatsu America Corp.,

Kawasaki Heavy Industries, Ltd.,

Tuff Torq Corporation

Esco Group

General Motors

Volkswagen

Fiat Chrysler Automobiles

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Capacity:

Light Duty

Medium Duty

Heavy Duty

By Operation Type:

VDM-CDP

VDP-CDM

VDM-VDP

By End Use Industries:

Agriculture

Construction & Mining

Logistics & Transport

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Hydrostatic Transmission Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors