Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2024 to 2031 |
Base Year | 2023 |
Historic Years | 2022 (Customizable to 2016-2021) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | By Type (Pneumatic Radial Piston Motors, Hydraulic Radial Piston Motors), By Application (Mining, Rubber, Paper and Pulp, Material Handling, Chemical Processing, Oil and Gas, Manufacturing, Textile, Construction), By Distribution Channel (Direct Sales, Distributors, Retailers), By Component (Motor Housing, Pistons, Thrust Plate, Shafts, Seals) |
Countries Covered | U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Market Players Covered | Bosch Rexroth AG (Germany), Rotary Power (U.K.), Salami SpA (Italy), Eaton (Ireland), Intermot S.r.l. (Italy), Black Bruin Inc. (Finland), Kawasaki Precision Machinery Company (Japan), Schaeffler AG (Germany), PARKER HANNIFIN CORP (U.S.), Italgroup S.l.r (Italy), KYB Corporation (Japan), Dongguan Blince Machinery & Electronics Co., Ltd (China), among many others |
Market Opportunity |
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Market Definition
Radial piston motors are the rotating machine that converts electrical energy into mechanical power. It features a rotor with a perpendicular shaft that can be rotated by electromagnetic or hydraulic force and pistons attached to it. The movement of these pistons in the radial direction is caused due to magnetic interaction between two components known as stator and rotor. Although there are other types of motors available for various applications such as linear induction motors, brushless DC motors, and others. Radial piston motors have their own unique use cases in the material handling process industry where high-speed rotation along with axial thrust is required.
Global Radial Piston Motor Market Dynamics
Driver
- Rise in Demand of Radial Piston Motors Due to High Torque, Precise Control, and Low Noise Levels
The demand for radial piston motors is increasing due to their high torque, precise control, and low noise levels. Compact radial piston motors are used in various aerospace, automotive, construction, mining, and marine industries due to their robustness, reliability, and high power density. The market is predicted to grow due to rising electrification and a shift toward renewable energy. Radial piston motors are becoming increasingly popular due to their compact size, high efficiency, and durability. Compact radial piston motors use a circular pattern of pistons around the driveshaft to generate high torque, making them ideal for various mobile applications. Hydraulic radial piston motors also provide a continuous flow of power and are reliable, popularizing the radial piston motor market demand.
Opportunity
- High Demand of Hydraulic Motors due to Applications in Various Industries
Hydraulic motors are versatile and efficient, used in various industries such as construction, mining, and agriculture. Hydraulic radial piston motors offer reliable performance with smooth and precise movements for heavy-duty equipment. As more industries adopt hydraulic systems to improve productivity and streamline operations, the demand for hydraulic motors will continue to surge in the coming years. Radial piston motors are among the best options for satisfying growing environmental regulations. Radial piston hydraulic motors are efficient and eco-friendly, making them ideal for modern hydraulic systems.