Global Variable Displacement Pumps Market Size, Trends & Analysis - Forecasts To 2026
Variable Displacement Pumps Market Insights The global variable displacement pumps market is estimated to witness a significant CAGR during the forecast period (2019-2026). The growth of the variable displacement pumps market is anticipated to increase with the growing construction sector, along with other factors, such as rise in automobile, mining, and agricultural industries among others. The market is also expected to grow owing to rapid urbanization and technological advancement. Variable Displacement Pumps are used to pump liquid with the help of mechanical energy. Some of the variable displacement pumps are also reversible which means they can act as a hydraulic motor and convert fluid energy into mechanical energy. The displacement can be controlled in a variable displacement pumps making it more efficient as compared to the counter one. High cost of variable displacement pumps, availability of an alternative and strict government laws and regulations are some of the factors expected to hamper the growth of variable displacement pumps market. Request a free sample copy of the report @https://www.globalmarketestimates.com/report-summary.php?report_id=1641&report_name=global-variable-displacement-pumps-market Variable Displacement Pumps Market: By Type On the basis of type, the global variable displacement pumps market is segmented into piston pumps and vane pumps. The piston pumps segment is expected to grow during the forecast period, owing to its usage in various end use industries. Also high efficiency, ease of operation at high pressure and various applicable control types are the advantages of piston pumps. The wide pressure and volumetric efficiency range of variable displacement piston pumps makes it more popular than vane pumps. A vane pump usually contains a large number of vanes slide in slots in a rotor and it can be converted to pressure compensated pump by replacing the hand wheel. The compensated pressure pumps means, the pump operation ceases when the pump attains a certain pressure. Variable Displacement Pumps Market: By Application On the basis of application, the global variable displacement pumps market is classified into hydraulic and IC engine. The hydraulic segment is expected to hold the largest market share in the application segment. The segment is expected to grow during the forecast period due to more requirement from the manufacturing industries. Also, being able to circulate the pump in and out of the well is the most obvious and significant feature of hydraulic pumps. These pumps are especially attractive on offshore platforms, remote locations, and populated and agricultural areas among others. Variable Displacement Pumps Market: By End-Use Industry On the basis of end-use industry, the global variable displacement pumps market is segmented into construction, mining, automotive, agriculture, material handling, plastic, and forestry among others. The construction segment is expected to grow during the forecast period, owing to rapid urbanization. These pumps are very efficient due to the fact that they remove air from the lines and thus eliminate the need to bleed the air. These pumps are also effective for dealing with high-viscosity liquids hence especially used in dewatering purposes in the construction sector. Variable displacement pumps also have huge demand in the mining and agriculture sector because of growing demand for food with the increasing population across the globe. Variable Displacement Pumps Market: By Region Asia-Pacific region is expected to hold the largest market share. The fast growing automobile and construction industries in China, India, and Japan are expected to be the prime factors contributing to the growth of variable displacement pumps industry. According to the report China is the largest construction market in the world. According to statistics published by IBEF (India Brand Equity Foundation), in year 2017, Indian auto industry became the 4th largest in the world, with net sales registering an increase of 9.5% from the year 2016 to approximately, 4.02 million units. Middle East & Africa is expected to witness considerable growth in the variable displacement pumps market. The growth of the market in the region can be attributed to increased construction and mining activities. Some of the largest oil producers are in the Middle East, including UAE, Saudi Arabia, and Iraq. Saudi Arabia is the world's largest oil producer and which accounts for approximately 15% of global oil output. The presence of leading oil & gas companies like Saudi Aramco, Qatar Petroleum, Abu Dhabi National Oil Company and Sonatrach are expected to boost the market of variable displacement pumps. Variable Displacement Pumps Market: End Use Landscape The end-user landscape entails a list of current and prospective consumers prevailing across the regions. This section briefs you about company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase variable displacement pumps. The key end-users of the markets are L&T, Saudi Aramco and BMW among others. Variable Displacement Pumps Market: Vendor Landscape The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies. Variable Displacement Pumps Market: Share & Competitor Analysis Some of the key players operating in the variable displacement pumps market are Bosch Rexroth AG, Parker Hannifin Corp., Danfoss A/S, Eaton Corporation, The Oilgear Company, Kawasaki Heavy Industries, Yuken Kogyo Co., Ltd., Atos Spa, Hawe Hydraulics, and Casappa Spa among others. In March 2019, Hawe Hydraulics acquired HOERBIGER's automation technology division to expand its existing portfolio In December 2015, Yuken Kogyo Co., Ltd launched ELDFHG-04EH and ELDFHG-06EH two stage type valves as an addition to the companyu2019s highly appreciated product series Browse the report @https://www.globalmarketestimates.com/report-summary.php?report_id=1641&report_name=global-variable-displacement-pumps-market
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