Global Radial Piston Hydraulic Motors Market Growth 2019-2024

Radial Piston Hydraulic Motors is a type of hydraulic motors. Radial piston motors are used in caterpillar drives of dragline excavators, cranes, winches and ground drilling equipment. Radial piston motors are capable of producing high torques at very low speeds, down to half a revolution per minute. The pistons (or plungers) of a radial piston motor form a star-like shape and are perpendicularly connected to the shaft. The rectilinear motion of the pistons is transformed into a rotating movement by the eccentric shaft.
Radial Piston Hydraulic Motors is widely used in Mining Equipment, Pulp & Paper Equipment, Off-Highway Equipment and Other industry. The most proportion of Radial Piston Hydraulic Motors is Off-Highway Equipment, with 30% market share in 2015.
With the development of technology, the global average price of Radial Piston Hydraulic Motors is in the decreasing trend, from 63 USD/KW in 2011 to 59 USD/KW in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The Radial Piston Hydraulic Motors industry is not highly concentrated, there are more than one hundred manufacturers in the world, and high-end products mainly come from North America and Western Europe. Market competition is relatively intense. Eaton, Kawasaki, Parket, KYB, Bosch Rexroth, SAI, Rotary Power, Dongguan Blince, Black Bruin and etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.

According to this study, over the next five years the Radial Piston Hydraulic Motors market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 370 million by 2024, from US$ 340 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Radial Piston Hydraulic Motors business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Radial Piston Hydraulic Motors market by product type, application, key manufacturers and key regions and countries.

This study considers the Radial Piston Hydraulic Motors value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Multiple Displacements
Single Displacement
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Mining Equipment
Pulp & Paper Equipment
Off-Highway Equipment
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Eaton
Kawasaki
Parket
KYB
Bosch Rexroth
SAI
Rotary Power
Dongguan Blince
Black Bruin

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Radial Piston Hydraulic Motors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Radial Piston Hydraulic Motors market by identifying its various subsegments.
Focuses on the key global Radial Piston Hydraulic Motors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Radial Piston Hydraulic Motors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Radial Piston Hydraulic Motors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.