Market Share of Hydraulic Motors Industry
Four major players, namely Eaton Corporation Inc., Parker Hannifin Corporation, Danfoss, and Bosch Rexroth AG, dominated the market by capturing nearly more than 60% of the global hydraulic motors in 2019.
- These players successfully capitalized on the massive demand for reliable hydraulic systems from big players in the construction sector, such as CAT, Komatsu, Hitachi, etc., as well as Deere & Company, CNH Industrial NV, Kubota Corporation, etc., in the agricultural sector.
Companies, like Mitsubishi Heavy Industries Ltd, Adan Limited, Jiangsu Hengyuan Hydraulic Co. Ltd, and other regional players, have been considered in the other category. These players are trying to expand their presence beyond regional distribution and into the global hydraulic motors market, by working on specialty motors and high-performance hydraulics. These companies have also been providing a customization service for their customers to cater to custom applications.
Hydraulic Motors Market Leaders
Bosch Rexforth AG
Eaton Corporation Inc.
Parker Hannifin Corp.
Poclain Hydraulics
Kawasaki Precision Machinery Co.
*Disclaimer: Major Players sorted in no particular order
