액시얼 피스톤 모터 시장 예측(-2030년) : 제품 유형, 용도, 최종사용자, 지역별 세계 분석

According to Stratistics MRC, the Global Axial Piston Motor Market is accounted for $361.9 million in 2023 and is expected to reach $533.5 million by 2030 growing at a CAGR of 5.7% during the forecast period. The axial piston motor market refers to the industry that revolves around the production, distribution, and utilization of axial piston motors. Axial piston motors are a type of hydraulic motor widely employed in various industrial applications, including construction, agriculture, and automotive sectors. These motors operate on the principle of converting hydraulic energy into mechanical energy, providing efficient and high-power output. These motors are extensively employed in construction machinery, powering excavators and loaders with high torque for heavy-duty applications. In agriculture, axial piston motors drive tractors and farm equipment, facilitating tasks such as lifting and steering.

According to a report by the United Nations Industrial Development Organization (released in January 2018), the global industrial output in 2017 rose by 3.2% over the value recorded in 2016 and the manufacturing output of developed nations grew by 1.8%, in 2017.

Market Dynamics:

Driver:

Rising demand for energy-efficient solutions

As industries globally intensify their focus on sustainability and operational efficiency, axial piston motors have emerged as key components due to their remarkable energy conversion capabilities. These motors efficiently convert hydraulic energy into mechanical power, minimizing energy losses and optimizing overall system performance. Their ability to deliver high power density with reduced energy consumption aligns with the growing emphasis on eco-friendly practices and cost-effectiveness. Industries, ranging from construction and agriculture to automotive and renewable energy, increasingly prefer axial piston motors to meet stringent energy efficiency standards.

Restraint:

High initial costs

While these motors offer unparalleled efficiency and power, their upfront expenses can be substantial, acting as a deterrent for potential users and impacting the overall market penetration. The initial investment includes not only the cost of the axial piston motor itself but also expenses related to system integration, installation, and training for maintenance personnel. However, this cost factor becomes particularly critical for smaller enterprises and industries with budget constraints, potentially limiting their ability to embrace the advanced technology.

Opportunity:

Growing construction and infrastructure development

As countries invest substantially in urbanization and infrastructure projects, the demand for heavy machinery equipped with axial piston motors has witnessed a significant upswing. These motors play a crucial role in construction equipment, providing the high torque and reliability needed for tasks such as excavating, lifting, and material handling. The expanding construction industry, especially in emerging economies, underscores the indispensability of axial piston motors in powering hydraulic systems within construction machinery. Moreover, the robust growth in infrastructure projects, encompassing roads, bridges, and buildings, further fuels the demand for axial piston motors.

Threat:

Environmental regulations

The market's reliance on hydraulic technology, including axial piston motors, makes it susceptible to evolving environmental policies aimed at reducing fluid leakage and minimizing ecological impact. Compliance with these regulations necessitates additional investments in technologies such as leak detection and fluid containment systems, increasing overall costs for end-users. However, as governments worldwide intensify their focus on sustainable practices, industries using hydraulic systems, particularly in construction and manufacturing, must navigate evolving regulatory landscapes. Adherence to environmental guidelines may require modifications to existing systems, limiting the ease of integration and potentially slowing down the adoption of axial piston motors.

Covid-19 Impact:

The pandemic-induced economic uncertainties led to project delays and decreased investments in construction and manufacturing, directly affecting the demand for axial piston motors in these key sectors. Supply chain disruptions and workforce limitations further compounded the challenges, leading to production slowdowns. However, the market demonstrated resilience as industries adapted to the new normal, with recovery observed in 2021 as economic activities resumed. The increasing emphasis on automation and the need for efficient hydraulic solutions post-pandemic have provided opportunities for the axial piston motor market to rebound.

The bent axis segment is expected to be the largest during the forecast period

Bent axis segment is expected to be the largest during the forecast period owing to its versatile design and superior efficiency. Bent axis axial piston motors feature a piston arrangement that allows for a more compact and lighter construction, making them particularly suitable for applications with space constraints and weight considerations. Industries such as mobile equipment, agriculture, and construction are increasingly favoring bent axis motors due to their ability to deliver high power density while maintaining a smaller footprint. Additionally, these motors exhibit excellent efficiency across a broad range of operating speeds and offer enhanced controllability, making them ideal for diverse hydraulic applications.

The construction water management segment is expected to have the highest CAGR during the forecast period

Owing to the increasing focus on sustainable practices and efficient water management in construction projects, Construction water management segment is expected to have the highest CAGR during the forecast period. Axial piston motors play a crucial role in hydraulic systems utilized for construction equipment involved in water management tasks, such as excavators, pumps, and drainage systems. The demand is particularly pronounced as construction projects worldwide emphasize responsible water usage, drainage efficiency, and environmental conservation. Moreover, axial piston motors offer precise control, high power density, and reliability, making them instrumental in optimizing water-related processes in construction.

Region with largest share:

North America region is expected to dominate the largest share of the market throughout the extrapolated period. The region's robust construction and manufacturing sectors, coupled with a growing emphasis on industrial automation, are contributing to heightened demand for axial piston motors. Infrastructure projects, particularly in the United States and Canada, are leveraging these motors for their efficiency in heavy machinery, including excavators and loaders. Additionally, the region's focus on renewable energy projects, coupled with advancements in hydraulic technology, is bolstering the integration of axial piston motors in applications like wind turbines.

Region with highest CAGR:

North America region is expected to witness profitable growth over the domination period. With a growing emphasis on reducing carbon footprints and enhancing operational efficiency, regulatory frameworks are encouraging the adoption of technologies that align with these goals. In particular, the construction and manufacturing sectors are witnessing increased demand for axial piston motors as they strive to meet and exceed these regulatory requirements. Moreover, government initiatives promoting infrastructure development and renewable energy projects further contribute to the surge in demand for axial piston motors.

Key players in the market

Some of the key players in Axial Piston Motor market include Bondioli & Pavesi S.p.A, Bosch Rexroth AG, Bucher Hydraulics GmbH, Danfoss Group, Eaton Corporation, HAWE Hydraulics Pvt. Ltd, Interpump Hydraulics S.p.A., Kawasaki Heavy industries Ltd, Kubota Corporation, KYB Corporation, Parker Hannifin Corp, Poclain Hydraulics, Sunfab Hydraulics AB, Veljan Denison Limited and Young Powertech Inc.

Key Developments:

In June 2023, Leonardo and Kawasaki Heavy Industries sign contract for additional MCH-101 helicopters and the start of a mid-life update programme for the type in Japan. The JMSDF has ten MCH-101s for mine countermeasure and transportation missions and three CH-101s for utility transport used to support Japan's Antarctic research activities, ensuring commonality within the fleet.

In May 2023, Kawasaki Motors, Suzuki Motor Corporation, Honda Motor Co and Yamaha Motor Co have jointly announced today that they have received approval from Japan's Ministry of Economy, Trade and Industry (METI) to form a technological research association called HySE (Hydrogen Small mobility & Engine technology) for developing hydrogen-powered engines for small mobility.

Product Types Covered:

• Bent Axis
• Constant Displacement
• Swash Plate
• Variable Displacement
• Other Product Types

Applications Covered:

• Manufacturing
• Oil & gas
• Agriculture
• Automotive
• Other Applications

End Users Covered:

• Energy & Utility
• Mining
• Construction Water Management
• Transportation & Logistics
• Maritime and Chemical
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• 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

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Axial Piston Motor Market, By Product Type

• 5.1 Introduction
• 5.2 Bent Axis
• 5.3 Constant Displacement
• 5.4 Swash Plate
• 5.5 Variable Displacement
• 5.6 Other Product Types

6 Global Axial Piston Motor Market, By Application

• 6.1 Introduction
• 6.2 Manufacturing
• 6.3 Oil & gas
• 6.4 Agriculture
• 6.5 Automotive
• 6.6 Other Applications

7 Global Axial Piston Motor Market, By End User

• 7.1 Introduction
• 7.2 Energy & Utility
• 7.3 Mining
• 7.4 Construction Water Management
• 7.5 Transportation & Logistics
• 7.6 Maritime and Chemical
• 7.7 Other End Users

8 Global Axial Piston Motor Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 Bondioli & Pavesi S.p.A
• 10.2 Bosch Rexroth AG
• 10.3 Bucher Hydraulics GmbH
• 10.4 Danfoss Group
• 10.5 Eaton Corporation
• 10.6 HAWE Hydraulics Pvt. Ltd
• 10.7 Interpump Hydraulics S.p.A.
• 10.8 Kawasaki Heavy industries Ltd
• 10.9 Kubota Corporation
• 10.10 KYB Corporation
• 10.11 Parker Hannifin Corp
• 10.12 Poclain Hydraulics
• 10.13 Sunfab Hydraulics AB
• 10.14 Veljan Denison Limited
• 10.15 Young Powertech Inc