The Asia Pacific Electro Hydraulic Servo Valve Market is projected to witness market growth of 3.5% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Electro Hydraulic Servo Valve Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $245.3 million by 2031. The Japan market is showcasing a CAGR of 3% during (2024 - 2031). Additionally, The India market would register a CAGR of 4.2% during (2024 - 2031).
Construction equipment and heavy machinery utilize EHSVs to control hydraulic systems in excavators, cranes, bulldozers, and hydraulic presses. These valves support precise movement, lifting, and operational safety in construction and infrastructure projects.
Moreover, EHSVs are critical in hydraulic systems for renewable energy sources such as wind turbines, hydroelectric power plants, and solar tracking systems. They regulate fluid flow and pressure to optimize energy generation and efficiency in renewable energy installations.
Wind energy is a major focus of India’s renewable energy initiatives. Wind turbines rely on advanced hydraulic systems for blade pitch control, yaw control, and braking systems. EHSVs play a critical role in these hydraulic systems by providing precise control and efficient operation. The expansion of wind farms in India directly boosts the demand for EHSVs. As of May 2024, India's installed capacity for non-fossil fuel sources has increased by 396% over the past 8.5 years, reaching over 201.75 GW (including large hydro and nuclear).
The China market dominated the Asia Pacific Electro Hydraulic Servo Valve Market by Country in 2023, and is forecast to continue being a dominant market till 2031; thereby, achieving a market value of $245.3 million by 2031. The Japan market is showcasing a CAGR of 3% during (2024 - 2031). Additionally, The India market would register a CAGR of 4.2% during (2024 - 2031).
Construction equipment and heavy machinery utilize EHSVs to control hydraulic systems in excavators, cranes, bulldozers, and hydraulic presses. These valves support precise movement, lifting, and operational safety in construction and infrastructure projects.
Moreover, EHSVs are critical in hydraulic systems for renewable energy sources such as wind turbines, hydroelectric power plants, and solar tracking systems. They regulate fluid flow and pressure to optimize energy generation and efficiency in renewable energy installations.
Wind energy is a major focus of India’s renewable energy initiatives. Wind turbines rely on advanced hydraulic systems for blade pitch control, yaw control, and braking systems. EHSVs play a critical role in these hydraulic systems by providing precise control and efficient operation. The expansion of wind farms in India directly boosts the demand for EHSVs. As of May 2024, India's installed capacity for non-fossil fuel sources has increased by 396% over the past 8.5 years, reaching over 201.75 GW (including large hydro and nuclear).
List of Key Companies Profiled
- HAWE Hydraulik SE
- Honeywell International Inc.
- Eaton Corporation plc
- YUKEN KOGYO CO., LTD.
- Daikin Industries Ltd. (DUPLOMATIC MS Spa)
- Moog Inc.
- Illinois Tools Works, Inc. (MTS Systems Corporation)
- Atos spa
- Parker Hannifin Corporation
- Bosch Rexroth AG (Robert Bosch GmbH)
Market Report Segmentation
By Application- Aerospace
- Industrial
- Construction
- Oil & Gas
- Defense
- Others
- Nozzle Flapper Valve
- Jet Pipe Servo Valve
- Direct Drive Servo Valve
- Two-Stage Servo Valve
- Single-stage Servo Valve
- Multi-Stage Servo Valve
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Electro Hydraulic Servo Valve Market by Application
Chapter 5. Asia Pacific Electro Hydraulic Servo Valve Market by Valve Type
Chapter 6. Asia Pacific Electro Hydraulic Servo Valve Market by Stage Type
Chapter 7. Asia Pacific Electro Hydraulic Servo Valve Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- HAWE Hydraulik SE
- Honeywell International Inc.
- Eaton Corporation plc
- YUKEN KOGYO CO., LTD.
- Daikin Industries Ltd. (DUPLOMATIC MS Spa)
- Moog Inc.
- Illinois Tools Works, Inc. (MTS Systems Corporation)
- Atos spa
- Parker Hannifin Corporation
- Bosch Rexroth AG (Robert Bosch GmbH)
Methodology
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