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Automotive Hydrostatic Fan Drive System Market by Component, Vehicle Type - Global Forecast to 2025

Automotive Hydrostatic Fan Drive System Market is projected to grow at a CAGR of 6.80% during the forecast period, to reach USD 229.6 million by 2025

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Automotive Hydrostatic Fan Drive System Market by Component, Vehicle Type - Global Forecast to 2025

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  1. Automotive Hydrostatic Fan Drive System Market by Component, Vehicle Type - Global Forecast to 2025 The global Automotive Hydrostatic Fan Drive System Market is projected to grow at a CAGR of 6.80% during the forecast period, to reach USD 229.6 million by 2025. The market growth is primarily driven by the increase in demand for independent, compact, and silent engine cooling system for large engines. Additionally, the growing demand for a fuel-efficient engine cooling system is driving the automotive hydrostatic fan drive system market. New product development is the key strategy adopted by major players to gain traction in this mature market. For instance, in January 2016, Bosch Rexroth, a subsidiary of Bosch (Germany), developed a new control solution for hydrostatic fan drive system (AFC30) that can evaluate up to six different temperature signals. The newly developed AFC30 control solution from the BODAS electronic modular system by Rexroth requires only a simple parameterization. The fan speed control, which works on demand, reduces fuel consumption by up to five percent. The automotive hydrostatic fan drive system market is dominated by a few global players. The key market players are Eaton (Ireland), Parker Hannifin (US), JTEKT (Japan), Bosch (Germany), and Danfoss (Denmark). Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250573626 Parker Hannifin is one of the leading players in the hydrostatic fan drive system market for automotive. In March 2018, the gear pump division of Parker Hannifin Corporation launched the SG102 Dump Pump. The innovative dump pump is a part of Parker’s commercial hydraulics truck pump product line. Built upon the technology of the industry standard C102/G102 pumps, the SG102 Dump Pump enables a nearly 40 percent faster dumping cycle, when compared to the standard SG102. In July 2017, the pump & motor division of Parker Hannifin announced an extension to its axial piston pumps product line with a new electronic control concept, eP2. The eP2 control offers a new standard in terms of efficiency, responsiveness, and stability. Danfoss is another leading player in the automotive hydrostatic fan drive system market in Europe and the Asia Pacific. In November 2017, Danfoss Power Solutions launched a new explosion proof PVE-EX electrohydraulic actuator. The PVE-EX series actuators are certified for use in explosive atmospheres and incorporate closed loop spool position control and event monitoring technology for reliable control, making them an ideal solution for mining and the offshore oil & gas market. In 2016, Danfoss acquired White Drive Products, a leading manufacturer of hydraulic motors headquartered in Kentucky, US. With this acquisition, Danfoss planned to cater to the mobile hydraulics business, particularly in North America and China. Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/automotive- hydrostatic-fan-drive-system-market-250573626.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently

  2. servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 sales@marketsandmarkets.com

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