Automotive Hydrostatic Fan Drive System Market was valued at $377.2 million in 2017, and is projected to reach $620.3 million by 2025, registering a CAGR of 6.3% from 2018 to 2025.
Automotive hydrostatic fan drive system market holds high potential for the automotive industry. The current business scenario witnessed high growth of the fan drive system market owing to focus of the governments to reduce emission and increase in demand for hydrostatic fan drive system across the globe. The key players operating in the industry have adopted various techniques to provide advanced and innovative product offerings to the customers.

The global automotive hydrostatic fan drive system market is driven by the initiative by governments to curb emission and rise in need for hydrostatic fan drive system.

However, high initial and maintenance cost and adoption of electric vehicle across the globe restrict the growth of the market. Furthermore, growth from Africa is anticipated to create lucrative opportunities for the automotive hydrostatic fan drive system market

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Key Findings of the Automotive Hydrostatic Fan Drive System Market:
• Based on vehicle type, the off road vehicle segment dominated the global automotive hydrostatic fan drive system market in 2017.
• Based on component type, hydraulic valves and sensors are anticipated to exhibit the highest CAGR during the forecast period.

Automotive Hydrostatic Fan Drive System Key Market Segments:

By Vehicle Type
• On Road Vehicles
• Bus
• Truck
• Off road vehicles
• Construction & Mining
• Agricultural
• Train, Metro and Trams

By Component
• Variable Axial Piston Pump
• Fixed Gear Motor
• Engine control unit
• Oil Cooler
• Hydraulic Valves & Sensors

By Pump Type
• Fixed Displacement Pump
• Variable Displacement Pump

By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA

The key players operating in the automotive hydrostatic fan drive system market are Eaton (Ireland), Parker Hannifin (US), JTEKT HPI (Japan), Roxroth Bosch (Germany), Hydraforce Hydraulics (US), Danfoss (Denmark), Bucher Hydraulics (Germany), Concentric (Sweden), Quality Hydraulics & Pneumatics (US), and Casappa (Italy).

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