Press release
Power Take Off (PTO) Market Growth Opportunities And Forecast to 2025
Power take-off (PTO) is a device that transfers an engine’s mechanical power to another piece of equipment. A PTO allows the hosting energy source to transmit power to additional equipment that does not have its own engine or motor. For example, a PTO helps to run a jackhammer using a tractor engine. PTOs are commonly used in farming equipment, trucks and commercial vehicles.
United States is the largest consumption regions of Power Take-off, with a revenue market share nearly 30.00% in 2016.
The second place is Europe; following United States with the revenue market share over 27.56% in 2016. China is another important consumption market of Power Take-off.
Power Take-off used in industry including Automotive and Machinery. Report data showed that 86.33% of the Power Take-off market demand in Automotive in 2016.
There are three kinds of Power Take-off, which are Power Take Offs – 6 Bolt, Power Take Offs – 8 Bolt, Power Take Offs – 10 Bolt and Others. Power Take Offs – 6 Bolt is important in the Power Take-off, with a sales market share nearly 29.63% in 2016.
The global Power Take Off (PTO) market was xx million US$ in 2017 and is expected to xx million US$ by the end of 2025, growing at a CAGR of xx% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Power Take Off (PTO) in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Interpump Group
Parker
Bezares
OMFB
Weichai Power
Hyva
Kozanoğlu Kozmaksan Ltd.
Ozceylanlar Hydraulic Co.
OMSI
SUNFAB
MX Company
Qijiang Gear Transmission Co., Ltd. (QJGT)
ZF Friedrichshafen AG
By the product type, the market is primarily split into
Power Take Offs-6 Bolt
Power Take Offs-8 Bolt
Power Take Offs-10 Bolt
Others
By the end users/application, this report covers the following segments
Automotive
Machinery
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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