Power Take Off (PTO) Market Size, Scope, Growth, Analysis 2022

The global power take off (pto) market size was valued at USD 410.0 billion in 2021 and is poised to grow at a significant CAGR of 6.2% during the forecast period 2022-28. A power take-off (PTO) is a feature that automatically transfers engine power to some other device, which is commonly found in watercraft and agricultural equipment. Some dump trucks and heavy equipment, such as bulldozers, have it. PTOs are classified as shaft, remote, or line-shafted. While the PTO vary from vehicle to vehicle depending on the application, several pieces are common to all vehicles, such as the bearing housing plate (which holds the bearings), and the seal (protects fluid pressure from getting out).