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Fluid Power Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

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Fluid power is the transfer of motions and forces using a pressurized fluid. In hydraulic fluid power systems the fluid used is oil and water whereas in pneumatic fluid power systems the fluid is air. Fluid power is best suited for high speed and high power applications. As compared to the other actuation technologies, fluid power is unsurpassed for power density and force, and is capable of generating very high forces with comparatively lightweight cylinder actuators. Fluid power systems posses high bandwidth than electric motors and can be easily used in applications that demands fast start and stop. Since oil has a very high bulk modulus, hydraulic systems can be easily controlled for precision motion applications. Another advantage of fluid power is flexibility and compactness. Fluid power cylinders are comparatively small and are light weight. 

Fluid power systems are major contributors to the industry. Applications range from brute force required in heavy industry to the sensitive positioning of parts in precision machining operations. The systems are typically grouped under two broad classifications of hydraulic and pneumatic. Hydraulic systems use liquids generally oil while pneumatic systems use gas mostly air.

Fluid power is one of the three types of power transfer systems generally used today. Other two systems are electrical and mechanical. Each of the systems transmits power from a prime mover to an actuator that finishes the task required of the system. Fluid power systems utilize a prime mover to drive a pump that easily pressurizes a fluid, which is then transferred to an actuator. Mechanical systems transmit power from prime mover to the point through the means of gears, belts and shafts. Electrical systems also transfer power using electrical current flowing through the conductors.

The key function of the fluid in a fluid power system is to transmit power. There are other, applications that dictate the specific fluids used in the real hydraulic systems. The fluids must cool the system by dissipating heat in a reservoir, it helps the sealing to avoid leaks, it must lubricates rotating and sliding surfaces of motors and cylinders, it should not corrode components and must have a longer life.

Earlier, hydraulic system utilizes water as a fluid. Although water is safe for the human beings and the environment, yet it is readily and cheaply available, it has certain disadvantages for the hydraulic applications. It provides no lubrication, has less viscosity and leaks by the seals, has a smaller temperature range between freezing and boiling, it can easily corrodes hydraulic components.

Advanced hydraulic system utilizes petroleum based oils with additives to inhibit corrosion and foaming. Petroleum oils are less costly and provide good lubricity with longer life. High efficiency and better reliability are some of the key drivers of the fluid power solutions market. However, huge cost required for the maintenance of the fluid power solutions can hamper the growth of the market. Ample amount of opportunities are there for the fluid power solutions market owing to the rapid industrialization especially in emerging economies such as India and China.

Some of the key companies in the business of fluid power solutions are Fluid Power Solutions Ltd, Stansted Fluid Power Ltd, FPS Fluid Power Solutions Inc., Fluid Power Solutions Wales Ltd., Furness Fluid Power Ltd, Sirus Fluid Power Ltd, Flowtech Fluidpower plc and Ernst Fluid Power Company among others.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

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