Power take-off (PTO) is a device that transfers an engine\'s mechanical power to another piece of equipment. A PTO allows the hosting energy source to transmit power to additional equipment that does not have its own engine or motor. For example, a PTO helps to run a jackhammer using a tractor engine. PTOs are commonly used in farming equipment, trucks and commercial vehicles.
United States is the largest consumption regions of Power Take-off, with a revenue market share nearly 30.00% in 2016.
The second
place is Europe; following United States with the revenue market share over 27.56% in 2016. China is another important consumption market of Power Take-off.
Power Take-off used in industry including Automotive and Machinery. Report data showed that 86.33% of the Power Take-off market demand in Automotive in 2016.
Briefly speaking, in the next few years, Power Take-off industry will still be a relative steady industry. Sales of Power Take-off have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
The report offers detailed coverage of Power Take-off industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Power Take-off by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Power Take-off market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Power Take-off market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Interpump Group
Parker
Bezares
OMFB
Weichai Power
Hyva
Kozanoğlu Kozmaksan Ltd.
Ozceylanlar Hydraulic Co.
OMSI
SUNFAB
MX Company
Qijiang Gear Transmission Co., Ltd. (QJGT)
ZF Friedrichshafen AG
At the same time, we classify Power Take-off according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Power Take Offs - 6 Bolt
Power Take Offs – 8 Bolt
Power Take Offs – 10 Bolt
Others
Market by Application
Automotive
Machinery
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Power Take-off market for the forecast period 2021 - 2027?
• What are the driving forces in the Power Take-off market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Power Take-off industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?