Transparency Market Research
Automotive hydrostatic fan drive system is an engine cooling system for heavy vehicle. It provides desired cooling for a wide-range of applications which range from forestry and agriculture machinery to buses and construction equipment. Automotive hydrostatic fan drive system maintains optimal operating temperature for combustion engines, under various conditions irrespective of the speed of the combustion engine. It allows mobile equipment, commercial vehicles, trucks, buses, and coaches to meet the stringent guidelines regarding emission, and noise.
Engine cooling fan systems for heavy-duty vehicles and machinery require a significant horsepower which contributes to higher machine noise. Rise in demand for thrust for efficient and quieter operation is a major factor boosting the automotive hydrostatic fan drive system market during the forecast period. Furthermore, with improvements in the efficiency, automotive hydrostatic fan drive system makes a significant contribution in automotive industry. In an internal combustion engine around 30% of fuel energy is converted into mechanical power, whereas the rest is vanished around the vehicle atmosphere. Of these vanished fuel energy approximately 35% of energy is left in the engine block, which is extracted by the cooling system. This can be curtain by automotive hydrostatic fan drive system. It offers numerous benefits such as ideal temperature control quality, reliability, flexible arrangement, noise reduction, low hysteresis, and compliance with exhaust emission norms. These benefits are projected to drive the automotive hydrostatic fan drive system market during the forecast period. However, introduction of electric vehicle is projected to hamper the automotive hydrostatic fan drive system market during the forecast period.
The automotive hydrostatic fan drive system market can be segmented based on pump type, vehicle type, component, sales channel, and region. In terms of pump type, the automotive hydrostatic fan drive system market can be divided into fixed displacement type and variable displacement type. The variable displacement type segment is projected to expand at a considerable pace during the forecast period. This is growth is mainly due to the segment being cost-effective and are widely adopted by original equipment manufacturers.
In terms of vehicle type, the automotive hydrostatic fan drive system market can be categorized into agricultural machinery, buses, construction equipment, and others. The construction equipment segment accounts for a prominent share of the market. Higher penetration of construction equipment is due to surge in infrastructure development and growth. This is projected to offer boost the segment of the market.
Based on component, the automotive hydrostatic fan drive system market can be segregated into hydraulic pumps, hydraulic motors, and others. Hydraulic motors is a highly lucrative segment of the automotive hydrostatic fan drive system market. Hydraulic motors are mechanical actuator that alter the hydraulic flow and pressure into angular displacement and torque. In terms of sales channel, the automotive hydrostatic fan drive system market can be segmented into original equipment manufacturers (OEMs) and aftermarket. The OEMs segment dominates the automotive hydrostatic fan drive system market.
Based on geography, the automotive hydrostatic fan drive system market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific account for a considerable share of the global automotive hydrostatic fan drive system market. This is due to the rise in development of infrastructure and booming construction industry in the region. Rapid rise in per capita income in various developing countries in the Asia Pacific is driving several industries in the region. This, in turn, is anticipated to boost the automotive hydrostatic fan drive system market during the forecast period.
Key players operating in the global automotive hydrostatic fan drive system market include Bosch Rexroth AG, Parker Hannifin Corp, Eaton, Danfoss, JTEKT Corporation, Bucher Hydraulics GmbH, Bondioli & Pavesi S.p.A., Haldex, Concentric AB, Hydraforce, CASAPPA S.p.A., Avid Impex Private Limited., and Axiomatic Technologies Corporation.
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