The global hydrostatic transmission market is mainly driven by growing demand from the construction industry. Aided by the increasing demand from the defense sector, the market is predicted to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 4.8%. Expert Market Research meticulous research methodology researches deep into the market, covering the macro and micro-aspects of the industry. Based on capacity type, the market is further distributed into light duty, medium duty, and heavy duty. On the basis of operation, the industry is segmented into VDM-CDP, VDP-CDM, and VDM-VDP. By end use, the market is segmented into transportation, construction, mining, and agriculture, among others. The best performing regional markets for hydrostatic transmission are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Parker Hannifin Corp, Dana Incorporated, Eaton Corporation plc, Komatsu America Corp., Kawasaki Heavy Industries, Ltd., and Tuff Torq Corporation, among others.
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