Variable Displacement Pumps Market is Projected to Expand at a 4.48% CAGR from 2019-2026

Variable Displacement Pumps Market is Projected to Expand at a 4.48% CAGR from 2019-2026

Ÿ Base Year: 2018

Ÿ Estimated Year: 2019

Ÿ Forecast Period: 2019 to 2026

According to the report, the global variable displacement pumps market is valued at approximately USD 4,158 million in 2019 and is expected to generate revenue of around USD 5,651 million by 2026, growing at a CAGR of roughly 4.48% from 2019 and 2026.

A variable displacement pump is a device that converts mechanical energy to hydraulic(fluid) energy. The displacement, or amount of fluid pumped per revolution of the pump's input shaft can be varied while the pump is running. Many variable displacement pumps are "reversible", meaning that they can act as a hydraulic motor and convert fluid energy into mechanical energy.

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Key Players:

Key players in the Variable Displacement Pumps market include Bosch Rexroth, Parker Hannifin, Kawasaki Heavy Industries, Eaton Corporation, Danfoss, The Oilgear Company, Yuken Kogyo, Hawe Hydraulik, Atos, Casappa, etc.

Market Driver and Restraint

The growing automotive industry boosts the vehicle production, thus fueling the growth of the variable displacement pumps market across the globe. Rising population and rapid urbanization would further contribute to the blooming construction industry, which is also fueling the growth of the variable displacement pumps market. Additionally, advanced properties of variable displacement pumps and technological advancements are also projected to stimulate this market’s growth.

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Forecast by Geography

In 2018, the global variable displacement pumps market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe, with the market share of 28.94%, 27.54% and 32.46% respectively, accounting for a total of 88.94%. The Asia-Pacific variable displacement pumps market is expected to show significant growth in the near future, owing to development in infrastructure, availability of multiple manufacturing facilities, increase in population, significant growth in GDP in the developing countries, and increase in construction activities.

Type Segment Analysis

The type of the Variable Displacement Pumps market can be divided into Piston Pumps, Vane Pumps, and Other.

Application Segment Analysis

The Variable Displacement Pumps is deployed in various end users: Construction, Mining, Automotive, Agriculture, Material Handling, Plastic, Forestry, Others.

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Target Audience:

• Variable displacement pumps manufacturers

• Variable displacement pumps importers and exporters

•Small and Medium-sized Enterprises (SMEs)

• Distributors and resellers of variable displacement pumps

• Variable displacement pumps industry associations

•Product managers, variable displacement pumps industry administrator, C-level executives of the industries

•Market Research and consulting firms

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