Global Automotive Hydrostatic Fan Drive System Market: Key Highlights
Global Automotive Hydrostatic Fan Drive System Market: Key Market Dynamics
Global Automotive Hydrostatic Fan Drive System Market: Regional Overview
The Asia-Pacific is projected to gain fast growth for the automotive hydrostatic fan drive system market owing to growing automotive sector. The growth of automotive sector in the Asian countries is mainly due to the increased vehicle production and rising demand for commercial vehicles. Presence of China, in the Asia Pacific, which is one of the prominent destinations for the automotive market, which is projected to drive market growth.
The automotive sector plays a vital role in boosting the European economy. As per the European Commission, around 7% of the European Union’s GDP is generated by the automotive industry. The rising demand for automotive vehicles in the region is expected to grow the automotive Hydrostatic Fan Drive System market.
Global Automotive Hydrostatic Fan Drive System Market: Key Players Overview
Eaton Corporation is an Irish company that manufactures products for automotive, industrial, commercial, aerospace and construction markets. The company offers hydraulic products, control equipment, electrical power distribution, fluid connectors, and others. Eaton produces hydraulic services, solutions, and systems.
Robert Bosch GmbH is a German-based company. The company offers industrial products, auto spare parts, mobility, control and drive technology, business process outsourcing, and others. Bosch Rexroth AG is a subsidiary of Robert Bosch GmbH. The company offers hydrostatic fan drive systems that operate in a wide temperature range from -40ºF to 212º F.
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