The global market size of variable displacement pumps is projected to reach USD 4.03 Billion by 2021, registering a CAGR of 4.1% between 2016 and 2021. The growing construction industry in all the regions is expected to generate demand and drive the variable displacement pumps market during the forecast period. The advanced properties such as wide volumetric & pressure efficiency range, and lightweight of the piston pump drive the global variable displacement pumps market.

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Hydraulic machine to account for the largest share of the variable displacement pumps market by 2021

The variable displacement pumps market is segmented by application, namely, hydraulic machine and IC engine. In 2015, the hydraulic machine segment captured the maximum share of the overall market and is expected to witness moderate growth rate during the forecast period. The growth of the hydraulics machine application is primarily driven by the rising demand from end-use industries. On the other hand, the IC engine application is projected to be the fastest-growing application during the forecast period. The growing automotive industry boosts the vehicle production, thus fueling the growth of the variable displacement pumps market across the globe.

Construction to be the largest end-use industry of the variable displacement pumps market between 2016 and 2021

The construction industry accounted for the largest share of the variable displacement pumps market. Variable displacement pumps are mostly used in construction equipment for better control over machine activity. The rising global population and need for construction activities are the major factors driving the growth of the construction industry across the globe, which in-turn is contributing to the growth of the variable displacement pumps market.

Key Players:

Currently, the global variable displacement pumps market is dominated by various market players such as Bosch Rexroth AG (Germany), Parker Hannifin Corp. (U.S.), Danfoss A/S (Denmark), Eaton Corporation (U.S.), The Oilgear Company (U.S.), Kawasaki Heavy Industries (Japan), Yuken Kogyo Co., Ltd. (Japan), Atos Spa (Italy), Hawe Hydraulics (Germany), and Casappa Spa (Italy) among others.

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Premium Insights:
1 Significant Opportunities for the Variable Displacement Pumps Market
2 Variable Displacement Pumps Market, By Region, 2016–2021
3 Variable Displacement Pumps Market in Asia-Pacific, By End-Use Industry and Country
4 Variable Displacement Pumps Market Attractiveness
5 Variable Displacement Pumps Market, By Application, 2016 vs 2021
6 Variable Displacement Pumps Market Share, By Type and Region, 2015
7 Lifecycle Analysis, By Region

The target audiences of the variable displacement pumps market report are:

-Variable displacement pumps manufacturers
-Variable displacement pumps suppliers
-Government and research organizations
-Variable displacement pumps traders, distributors, and suppliers
-Investment banks and private equity firms
-Raw material suppliers
-Service providers
-End users such as marine, oil & gas, infrastructure, and other companies