Global Hydrostatic Transmissions Market Projected to Reach $ 6.62 Billion by 2018

Date: 2016-09-11

Hydrostatic transmission is a category of engine mechanics, and basically describes a system in which power is generated and transmitted by pressurizing and releasing fluid through specialized pumps. Hydrostatic transmissions includes split type and non split type hydrostatic transmission on the base of classification, which represent 80% and 18% of global hydrostatic transmissions market. 

Construction machinery and agricultural machinery are the main application of hydrostatic transmissions product and Europe is the largest hydrostatic transmissions market on production and consumption.

Global hydrostatic transmissions market is projected to reach $ 6.62 Billion by 2018, with a GAGR of 8.6% from 2014, and Asia will have a big dynamic momentum on the market growth. The major players in the global hydrostatic transmissions market are KHI, Kanzaki, Parker, Eaton, Bosch Rexroth, Danfoss, Poclain Hydraulics etc..


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Joanna | Executive – International Business and partner Relations
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