Press release
Radial Piston Hydraulic Motors Market: Competitive Dynamics & Global Outlook 2023
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.
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Global Radial Piston Hydraulic Motors Market: Forecast by Type / Application / Region
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.
Over the next five years, LPI(LP Information) projects that Radial Piston Hydraulic Motors will register a 1.6% CAGR in terms of revenue, reach US$ 370 million by 2023, from US$ 340 million in 2017.
Global Radial Piston Hydraulic Motors Market: Key Players
Eaton
Kawasaki
Parket
KYB
Bosch Rexroth
SAI
Rotary Power
Dongguan Blince
Black Bruin
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Related Information:
United States Radial Piston Hydraulic Motors Market Research Report 2018
Europe Radial Piston Hydraulic Motors Market Research Report 2018
North America Radial Piston Hydraulic Motors Market Research Report 2018
Asia-Pacific Radial Piston Hydraulic Motors Market Research Report 2018
China Radial Piston Hydraulic Motors Market Research Report 2018
EMEA Radial Piston Hydraulic Motors Market Research Report 2018
Global Radial Piston Hydraulic Motors Market Research Report 2018
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