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Showing posts with the label Automotive Hydrostatic Fan Drive System Market

Automotive Hydrostatic Fan Drive System Market Projected to reach $229.6 Million by 2025

  The report  “ Automotive Hydrostatic Fan Drive System Market  by Component, Pump Type (Fixed Displacement and Variable Displacement), Vehicle Type (Buses, Construction Equipment, and Agricultural Tractors), and Region – Global Forecast to 2025″ , The automotive hydrostatic fan drive system market is projected to grow at a CAGR of 6.80% during the forecast period, from USD 144.8 Million in 2018 to USD 229.6 Million by 2025. The growing demand for an independent, compact, and silent engine cooling system for off-highway vehicles is expected to drive the automotive hydrostatic fan drive system market. The market growth can also be attributed to the increasing stringency of emission regulations, which have accentuated the demand for a fuel-efficient engine cooling system. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=250573626 Construction equipment is estimated to be the largest segment in the automotive hydrostatic fan drive system...

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

The global Automotive Hydrostatic Fan Drive System Marke t 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...