Hydraulic Motors Market Size Report 2022-2027

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Global Hydraulic Motors Market Research Report:

According to the latest report by IMARC Group, titled “ Hydraulic Motors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 202 2-2027

” the global hydraulic motors market reached a strong growth in 2021.

Hydraulic motors are mechanical actuators fueled by pressurized hydraulic fluid that converts hydrostatic energy into mechanical energy. They function by pushing vanes, pistons, and gears connected to a crankshaft to cause torque and rotation. They also provide low sensitivity to oil pollution, easy controllability, flexibility, accuracy at lower costs, and large rotational properties. Owing to these benefits, hydraulic motors are utilized in rollers, conveyors, drilling rigs, excavators, mixers, and self-driven cranes

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Global Hydraulic Motors Market Trends :

The market is primarily driven by the rising adoption of hydraulic motors across various industrial verticals, such as chemical, marine, petrochemicals, aerospace, and oil and gas, owing to the escalating demand for efficient wheel loaders for optimizing production processes.

Besides this, the increasing construction activities and high infrastructural development worldwide represent another major growth-inducing factor. In addition, the extensive utilization of hydraulic motors in on-shore and off-shore oil exploration and agricultural activities, due to various benefits such as high resistance to heat and contamination and robust nature, is providing a positive thrust to market growth. Moreover, various technological advancements, the rising adoption of inventive approaches by manufacturers for strengthening outputs while reducing overheads, and favorable government initiatives undertaken to reduce CO2 emissions are some of the other factors creating a positive market outlook. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).

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Competitive Landscape with Key Players:

Bosch Rexforth AG (Robert Bosch GmbH)

Bucher Hydraulics GmbH (Bucher Industries AG)

Danfoss A/S

Eaton Corporation PLC

Hydro Leduc

Kawasaki Heavy Industries Ltd.

M + S Hydraulic PLC

Maha Hydraulics Private Limited

Mitsubishi Heavy Industries Ltd.

Parker-Hannifin Corporation

Permco Inc.

Rotary Power

• VELJAN Hydrair Private Ltd.

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