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 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
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Report Metric |
Details |
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Forecast Period |
2024 to 2031 |
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Base Year |
2023 |
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Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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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) |
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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 |
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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 |
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Market Opportunity |
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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.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
