The Global Automotive Hydrostatic Fan Drive System Market is estimated to reach USD 212.4 Million by 2025 at a CAGR of 6.7 %, predicts forencis research (FSR).
The automotive hydrostatic fan drive system is a cooling system used in the engine. Most of the energy in vehicles get vanished due to heat generated in the internal combustion engine as only 30% of actual energy gets converted into mechanical power. To overcome this, issue hydrostatic fan drive system is installed. This system controls the coolant temperature, reduces noise level, helps in fuel-saving and minimizes emissions. In heavy vehicles, engine cooling systems need significant horsepower which also increases the machine noise. For this, the hydrostatic fan drive system cools the engine in the silent manner. Owing to these benefits, the system is used in buses, trucks, agricultural and forestry vehicles, road maintenance equipment and others.
Market Drivers:
Heavy vehicles like trucks and excavators used for construction and mining needs more power for energy savings. In such cases, hydrostatic fan drive systems act as the most efficient way to cool engines. In heavy vehicles, under normal conditions, the fan operates 50% to 80 % of maximum revolutions per minute (RPM) and can lower to 10% to 20% in cold weather. Hence, higher adoption of hydrostatic fan drive system, which helps in energy and fuel savings which are expected to drive the market. In addition to this, strict emission standards are imposed by authorities puts pressure on the vehicle manufacturers need new ways to cool engines and reduce emission. Increasing environmental concern worldwide is generating demand for the low VOC emitting automotive vehicles.
Therefore, low volatile organic compounds (VOC) emitting vehicles are expected to drive the automotive Hydrostatic Fan Drive System market during the forecast period.
In heavy vehicles, engine cooling systems need significant horsepower which also increases the machine noise. This is an immense ecological problem and adds danger to human health. Noise also increases blood pressure and adds disorders of the nervous, digestive and cardiovascular system of the driver. Hence, to promote better health the European Parliament and the Council of Europe proposed new noise limits for road vehicles by adopting a new noise testing methods. Also, new slightly lighter noise limits for vans, lorries, cars, and buses are recommended. Hence, strict regulations imposed on vehicle noise limits are anticipated to boost the automotive Hydrostatic Fan Drive System market during the forecast period.
Market Restraints:
The growth of this market is hampered owing to higher initial cost of the product. High initial cost is required to achieve optimized performance in a hydrostatic fan drive system. Among both the pump types, initial cost is higher for the variable pump as it offers continuous energy savings with low heat generation where the high power required for cooling. This is directly linked with high initial cost.
The report on the automotive Hydrostatic Fan Drive System market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
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Measured Units |
Value (USD Million), Volume (Units) |
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Segments Included |
Pump Type, Component, Vehicle Type, and Region |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, and South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Automotive Hydrostatic Fan Drive System Market, by Pump Type
Automotive Hydrostatic Fan Drive System Market, by Component
Automotive Hydrostatic Fan Drive System Market, by Vehicle Type
Automotive Hydrostatic Fan Drive System Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Rise in Demand for Energy Efficient and Low VOC Emitting Vehicles
4.2.2. Strict Regulations Imposed On Vehicle Noise Limits
4.3 Restraints
4.3.1 High Initial Cost of Variable-Pump System
4.4 Opportunities
4.4.1 Rising Demand for Low Fuel Consuming Vehicles
4.5 Challenges
4.5.1 Strict Emission Standards for Heavy-Duty Vehicles
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 AUTOMOTIVE HYDROSTATIC FAN DRIVE SYSTEM MARKET BY PUMP TYPE, Market Size in USD Million and Units (2018—2025)
6.1 Introduction
6.2 Fixed Displacement Pump System
6.3 Variable Displacement Pump System
7 AUTOMOTIVE HYDROSTATIC FAN DRIVE SYSTEM MARKET BY COMPONENT, Market Size in USD Million and Units (2018—2025)
7.1 Introduction
7.2 Pump
7.3 Pressure Control Valve
7.4 Motor
7.5 Sensors
7.6 Electronic Control Unit
7.7 Others
8 AUTOMOTIVE HYDROSTATIC FAN DRIVE SYSTEM MARKET BY VEHICLE TYPE, Market Size in USD Million and Units (2018—2025)
8.1 Introduction
8.2 On-Road
8.2.1 Buses
8.2.2 Trucks
8.2.3 Others
8.3 Off-Road
8.3.1 Agricultural Vehicles
8.3.2 Construction Vehicles
8.3.3 Forestry Vehicles
8.3.4 Others
9 AUTOMOTIVE HYDROSTATIC FAN DRIVE SYSTEM MARKET BY REGION, Market Size in USD Million and Units (2018—2025)
9.1 North America
9.1.1 US
9.1.2 Canada
9.1.3 Mexico
9.2 Europe
9.2.1 Germany
9.2.2 UK
9.2.3 France
9.2.4 Italy
9.2.5 Spain
9.2.6 Rest of Europe
9.3 Asia-Pacific
9.3.1 China
9.3.2 India
9.3.3 Japan
9.3.4 South Korea
9.3.5 Rest of Asia-Pacific
9.4 Middle East & Africa
9.4.1 Saudi Arabia
9.4.2 UAE
9.4.3 Rest of Middle East & Africa
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Rest of South America
10 COMPETITIVE LANDSCAPE
10.1 Introduction
10.2 Market Ranking/Share Analysis of Key Companies
10.3 Company Benchmarking
11 COMPANY PROFILES
11.1 Eaton Corporation
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Solutions/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 Jtekt Corp
11.3 PARKER HANNIFIN CORP
11.4 Robert Bosch GmbH
11.5 Bucher Hydraulics GmbH
11.6 HAWE Hydraulik SE
11.7 Danfoss Group
11.8 Walvoil S.p.A.
11.9 Bondioli & Pavesi S.p.A.
11.10 CASAPPA S.p.A.
11.11 Others
12 APPENDIX
12.1 Key Industry Expert Insights
12.2 Primary Discussion Guide
12.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain