Press release
Automotive Hydrostatic Fan Drive System Market Poised to Expand at a Robust Pace Over 2018 - 2028
Asia Pacific’s Market Attractiveness Is Constantly Growing in Automotive Hydrostatic Fan Drive System Space Being the largest automotive production and sales hub at global level, Asia Pacific has been playing a pivotal role in boosting the demand for automotive hydrostatic fan drive systems.
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In addition to developing economies such as China and India, developed countries such as South Korea and Japan are extending significant revenue shares in the global automotive hydrostatic fan drive systems landscape, through remarkable sales in automotive as well as construction and infrastructure.
Construction equipment have been registering substantial consumption of automotive hydrostatic fan drive systems over the years, which clearly points to a lucrative set of opportunities for manufacturers in rapidly thriving construction sectors across developing economies.
Emerging Asian economies such as China and India host dramatically expanding construction and infrastructural development projects, creating a strong potential regional market for automotive hydrostatic fan drive systems penetration.
Initiatives by Governments Regarding Vehicle Emission Favor Innovation & Sales of Automotive Hydrostatic Fan Drive Systems
The quest for reduced greenhouse gas emission from vehicles is posing a strong impact on the demand for sustainable automotive components, including technologically advanced hydrostatic fan drive systems.
In the backdrop of the Climate Change Agreement in Paris, several governments across the globe have already stepped into the direct promotion of environment-friendly vehicles through implementation of stringent regulatory standards.
The subsequent R&D of reduced emission technologies and the innovations in engine manufacturing technologies are likely to create lucrative opportunities for automotive hydrostatic fan drive system manufacturers in coming years.
Industry leaders such as Bosch are pioneering the innovative products line-up in automotive hydrostatic fan drive systems landscape.
Bosch’s HRB (hydraulic hybrid drive) fan drive system is claimed to account for 5% reduced carbon dioxide emission and lowered fuel consumption.
Mahle’s newly introduced electrical coolant pump completely replaces the mechanical pump and thereby slashes down the CO2 emission.
Innovation-driven Functionality Delivers Energy Efficient Operation, Boosting the Scope of Demand for Automotive Hydrostatic Fan Drive Systems
Where traditional automotive hydrostatic fan drive systems primarily bring about overcooling in a majority of heat operation conditions consuming substantial power, the electronic and temperature-activated hydrostatic fan drive systems deliver fine, regulated control. Moreover, when the cooling demand is on lower side, the latter reduces the speed of fan.
A recent innovation (by Quality Hydraulics & Pneumatics)in this line is a variable and alternating automotive hydraulic fan drive system that adds to the operating and fuel efficiency at the stake of lower power consumption by the machine.
A growing trend of the on-demand regulation of the coolant flow is also favoring the revenue growth of market at a global level.
Mounting EV & HEV Sales Abbreviate the Demand for Automotive Hydrostatic Fan Drive Systems
With the automotive industry going sustainable, there has been an extremely promising growth outlook for electric vehicles and hybrid electric vehicles. Various governments’ favorable subsidiary policies are encouraging consumers to purchase EVs in recent years.
Where modern EVs use only the ambient cooling system, it is more likely that the sales of automotive hydrostatic fan drive systems will be inversely influenced by the growing popularity of EVs and HEVs.
As the battery cooling in EVs operates on a battery-powered thermal management system, EVs completely eliminate the need for hydraulic motor, hydraulic pump, or any other conventionally used ICE cooling equipment.
Industry leaders such as Volt and Tesla use the liquid cooling mechanism instead of hydrostatic fan drive systems, whereas one of the recent launches - Nissan’s Leaf – uses air-cooled batteries over hydrostatic fan drive systems.
Key Taxonomy: Global Automotive Hydrostatic Fan Drive System Market
The global market for automotive hydrostatic fan drive system is broadly categorized into various segments, by the type of vehicle, pump type, and component.
Based on the Type of Vehicle
On Road Vehicles (Trucks, Busses, Cars, Motorcycles, and Others)
Off Road Vehicles (Utility Vehicles, Pick-up Trucks, Jeeps, Military & Commercial Vehicles)
Construction & Mining Equipment
Agricultural Vehicles
Train, Metro, and Trams
On the Basis of Component
Engine Control Unit (ECU)
Variable Axial Piston Hydraulic Pump
Fixed Gear Hydraulic Motor
Hydraulic Valves & Sensors
Oil Cooler
By Pump Type
Variable Displacement Pump
Fixed Displacement Pump
In-depth Analysis of the Regional Outlook: Global Automotive Hydrostatic Fan Drive System Market
The global automotive hydrostatic fan drive system market report has been classified into six key regional markets, which are subjected to deep-dive country-wise analysis based on the key market segments.
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Western Europe Automotive Hydrostatic Fan Drive SystemMarket(France, Germany, Italy, Spain, U.K.),Eastern Europe Automotive Hydrostatic Fan Drive SystemMarket(Poland, Russia), North America Automotive Hydrostatic Fan Drive SystemMarket(U.S., Canada), Latin America Automotive Hydrostatic Fan Drive SystemMarket(Mexico, Brazil, Rest of Latin America)
Asia Pacific excluding Japan Automotive Hydrostatic Fan Drive SystemMarket(India, China, ASEAN, New Zealand, Australia), Japan Automotive Hydrostatic Fan Drive SystemMarket
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