The Variable Displacement Pumps Market is projected to reach USD4.03 billion by 2021, registering a CAGR of 4.1% between 2016 and 2021.The growth is primarily triggered by its huge demand from the Asia-Pacific region and the growing end-use industries such as construction, mining, automotive, agriculture, and others.
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Variable displacement piston pumps led the global variable displacement pumps market in 2015.Higher demand for piston pumps are due to the advanced technical properties and high performance. The dominance of variable displacement piston pumps is mainly due to its properties such as wide volumetric & pressure efficiency range and low weight.
In addition, the increasing demand from the various end-use industries such as construction, automotive, agriculture, marine, and oil & gas is fueling the growth of variable displacement piston pumps.
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1 Significant Opportunities for the Variable Displacement Pumps Market
2 Variable Displacement Pumps Market, By Region, 2016–2021
3 Variable Displacement Pumps Market in Asia-Pacific, By End-Use Industry and Country
4 Variable Displacement Pumps Market Attractiveness
5 Variable Displacement Pumps Market, By Application, 2016 vs 2021
6 Variable Displacement Pumps Market Share, By Type and Region, 2015
7 Lifecycle Analysis, By Region
Asia-Pacific is projected to be largest and the fastest-growing market of variable displacement pumps, globally. This is mainly attributed to high economic growth, followed by heavy investment in end-use industries such as automotive, construction, and agriculture.
With economic contraction and saturation in European and North American markets, demand is shifting to Asia-Pacific region.
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This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (30%); Tier 2 (43%) and other (27%) companies were contacted for interviews.
The interviews were conducted with various key people such as C level (21%), Director Level (23%) and other (56%) from various key organizations. The primary interviews were conducted worldwide covering regions such as Asia-Pacific (26%), Europe (23%), North America (37%) and Row (14%).
2 Market Share of Key Players
3 Competitive Situations and Trends
4 New Product Launches
5 Contracts & Agreements
Some of the key companies profiled in this report are Bosch Rexroth AG (Germany), Parker Hannifin Corp. (U.S.), Danfoss A/S (Denmark), Eaton Corporation (U.S.), The Oilgear Company (U.S.), Kawasaki Heavy Industries (Japan), Yuken Kogyo Co., Ltd (Japan), Atos Spa (Italy), Hawe Hydraulics (Germany), and Casappa Spa (Italy).
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The report offers market estimations and projections till 2021 and offers a complete study of the market dynamics. In addition, the report provides the competitive landscape with major growth strategies adopted by the key players.
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