Variable Displacement Pump Market: Introduction
A variable
displacement pump is a device that turns mechanical energy to hydraulic (fluid)
energy. The displacement, or amount of fluid pumped per revolution of the
pump's input shaft can vary while the pump is running. A variable displacement
pump has a method of increasing or reducing displacement either manually,
hydraulically or electronically. The method of displacement change depends upon
the pump’s structure, differing between piston pumps and vane pumps. Variable
displacement axial piston pumps use a swashplate to guide the pistons as they
reciprocate while rotating about the shaft’s axis. A variable displacement
piston pump is drawn to be “on stroke,” as in it wants to pump with full
displacement whenever possible.
Key Drivers of the Variable Displacement Pump Market
Growth in
the construction industry is the primary driver of the global
variable displacement pump market. Countries in developed and
developing regions are investing extensively in infrastructure. This has
boosted the demand for variable displacement pumps in various machineries used
in the construction industry. The ability to vary the displacement of energy in
a variable displacement pump has resulted in it gaining importance over fixed
displacement pumps. At the same time, it is capable of carrying out a wide
variety of tasks. Hence, the demand for variable displacement pumps is expected
to grow during the forecast period.
New product launches creating opportunities in the Variable
Displacement Pump Market
Rapid
innovation and new launches are creating opportunities for the product in the
market. One of the new product highlights of variable displacement pumps is a
variable displacement axial piston pump designed to excel in medium duty
applications. This high performing, robust compact solution is built to last
and serves a wide range of industries including oil & gas, construction,
agriculture, transportation, and material handling. This product has a variety
of built-in features to increase system productivity and enhance its
performance. The features include a hot oil shuttle valve, hydraulic pressure
overrides, cross port reliefs, and bypass valve which lessens the need for
third-party components and protects the pump. By offering more enhanced
features, the product is creating new opportunities in the market.
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High maintenance cost a restraint of the Variable Displacement
Pump Market
Piston
pumps cost more per unit to operate as compared to centrifugal and roller
pumps. The mechanical parts are subjected to wear, so the maintenance costs can
be high. The valves must be resistant to abrasives for large solids to pass
through. These factors hamper the growth of the variable displacement pumps
market.
More
Trending Reports
Asia Pacific the dominant region
China and
India are the largest markets for variable displacement pumps and they are used
in a large range of machinery in industries. Construction is the most important
application segment of the variable displacement pump market. These factors are
offering new opportunities for the product in the region.
Key Players Operating in the Global Market
Companies
are working on product innovation and development to increase their customer
base. Furthermore, key companies are adopting the merger and acquisition
strategy to improve their market revenue at the global level. Some of the major
companies identified in the variable displacement pump market are:
·
Eaton Corporation
·
Parker Hannifin Corporation
·
Bosch Rexroth AG
·
Danfoss A/S
·
Yuken Kogyo Co., Ltd.
·
Kawasaki Heavy Industries.
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