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Global Radial Piston Motor Market – Industry Trends and Forecast to 2031

Semiconductors and Electronics

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Global Radial Piston Motor Market – Industry Trends and Forecast to 2031

  • Semiconductors and Electronics
  • Upcoming Report
  • Feb 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Radial Piston Motor Market, 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) - Industry Trends and Forecast to 2031.

Radial Piston Motor Market

Radial Piston Motor Market Analysis and Size

The hydraulic radial piston motors are the type of electric motors that use a liquid medium (water or oil) for power transmission. They consist of a rotor, which is driven by magnetic force and has curved blades attached to it along with cylindrical housing containing two rows of pistons.  

Data Bridge Market Research analyses that the global radial piston motor market is expected to reach USD 441.56 million by 2031, from USD 345.88 million in 2023 and is expected to undergo a CAGR of 3.10% during the forecast period of 2024 to 2031. “Pneumatic Radial Piston Motors” dominates the type segment of the global radial piston motor market due to demand from growing markets. The rise in demand for high-speed material handling processes with less effort is one of the major factors driving the growth of the global radial piston motor market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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

  • High demand of Hydraulic motors due to applications in various industries

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.

Restraint/Challenge

  • High Initial Cost and Maintenance

Radial piston motors are more complex and intricate compared to other hydraulic motor types. This complexity translates to a higher initial purchase price and ongoing maintenance costs. This can be a deterrent for budget-conscious buyers and applications with lower profit margins. Radial piston motors rely on precise internal tolerances for optimal performance. Any contamination by dirt, debris, or incompatible fluids can lead to premature wear and tear and even component failure. This necessitates stringent filtration systems and maintenance practices, adding to operational costs.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In July 2023, Bosch Rexroth opened new plant in Mexico. The company invests about 160 million euros and creates about 900 jobs by 2027. The plant manufactures hydraulic pumps, motors, valves, transmission units, radial piston motors and linear motion technology products for various applications. The company increased the capacity, flexibility and robustness of supply chains, reduces the CO2 footprint and achieves shorter delivery times for customers in North America

Global Radial Piston Motor Market Scope

The global radial piston motor market is segmented on the basis of type, application, distribution channel, and component. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Pneumatic Radial Piston Motors
  • Hydraulic Radial Piston Motors

Application

  • Mining
  • Rubber
  • Paper and Pulp
  • Material Handling
  • Chemical Processing
  • Oil and Gas
  • Manufacturing
  • Textile
  • Construction

Distribution Channel

  • Direct Sales
  • Distributors
  • Retailers

Component

  • Motor Housing
  • Pistons
  • Thrust Plate
  • Shafts
  • Seals

Global Radial Piston Motor Market Region Analysis/Insights

The global radial piston motor market is analyzed and market size insights and trends are provided by region, type, application, distribution channel, and component as referenced above.

The regions covered in the global radial piston motor market are North America, South America, Europe, Asia-Pacific, and the Middle East and Africa. The countries covered in the global radial piston motor market report are U.S., Canada, Mexico, Brazil, Argentina, the Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of the Middle East and Africa.

North America dominates the global radial piston motor market because North America is home to renowned research institutions, universities, and technology companies that conduct cutting-edge research in photonics and integrated circuit technologies. This strong R&D ecosystem fosters innovation and drives advancements in radial piston motor circuits.

Asia-Pacific is expected to be fastest-growing country in the global radial piston motor market due to the Asia-Pacific region has a large and rapidly growing population, along with a significant increase in industrial manufacturing. This drives the demand for warehouses, which can benefit from the use of radial piston motor.

The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Global Radial Piston Motor Market Share Analysis

The global radial piston motor market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global radial piston motor market.

Some of the major players operating in the global radial piston motor market are:

  • 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)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The radial piston motor market size will be worth USD 441.56 million by 2031.
The growth rate of the radial piston motor market is 3.10% in the forecast period by 2031.
The rise in demand for radial piston motors due to high torque, precise control, and low noise levels are the growth drivers of the radial piston motor market.
Type, application, distribution channel, and component are the factors on which the radial piston motor market research is based.
Major companies in the radial piston motor market are 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.
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