Rapid growth in the industrial sector as axial piston motors is majorly used in applications such as industrial, construction, agriculture, and marine equipment is driving the growth of the market. For example, according to 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. This accounted for over 40% of the global industrial output in 2017. Moreover, the rise in the production and sale of automobiles worldwide is again fostering the growth of the axial piston motors market.
The axial piston motor has the ability to operate at high speed and generate a considerable amount of torque. This is why they are used in applications where there is a requirement for the engine to operate at very high speeds. The axial piston engines can be assembled in a short time period and can reach their optimum operating conditions in just a few minutes.
The Asia Pacific is expected to dominate the global axial piston motors market and this is attributed to the expanding construction industry in the region. This system is widely used in construction equipment such as mobile crushing plants, winches, drill rigs, and plastic injection molding machines because they are less noisy during operation.
On the other hand, high operational and maintenance costs are expected to hinder the growth of the axial piston motors market over the forecast period.
Key players operating in the axial piston motors market include Danfoss, Parker Hannifin Corp. (US), Eaton (US), Casappa S.p. A, Bosch Rexroth AG, Kawasaki Heavy Industries Ltd., Bondioli & Pavesi S.p. A, HAWE Hydraulics Pvt. Ltd., Poclain Hydraulics, Sunfab Hydraulics AB, and HANSA-TMP.
Key Developments:
In April 2018, Bonfiglioli launches new track drives with integrated axial piston motor: Bonfiglioli 705XT track drives. It perfectly combines proven mechanical systems with ground-breaking hydraulic components, and represent the best choice for closed-loop applications and demanding construction equipment machines, such as compact track loaders (5.5 to 7.5 tons), small dozers (5.5 to 7.5 tons), or pavers (12 to 15 tons)
In March 2017, Bosch Rexroth launches the A30VG variable axial-piston pump. The A30VG, a new axial piston variable pump from Rexroth, is universally compatible with the BODAS mobile electronics product range. Moreover, it’s compatible with controllers from series 3x and higher, as well as current pressure sensors.
In December 2020, CASE Construction Equipment, a brand of CNH Industrial, has launched its much-awaited CX220C Crawler Excavator in the Indian market today. With the introduction of this new product, the Brand has, further strengthened its position in the Country’s construction industry.
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