External Gear Pump Market by Type (Motorless, Electric, Manual, Hydraulic), Design, Application, Sales Channel, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

External Gear Pump Market by Type (Motorless, Electric, Manual, Hydraulic), Design, Application, Sales Channel, and Geography - Global Industry Analysis, Opportunities and Forecast up to 2030

External Gear Pump Market Size

The global external gear pump market size was valued at $247.60 million in 2024 and is projected to reach $324.30 million by 2030, growing at a CAGR of 4.6% during the forecast period.

External Gear Pump Market Overview

An external gear pump is a type of pump that uses gears to transfer fluids. It consists of two gears, one is a driving gear and the other is a driven gear, which rotate in opposite directions. As the gears turn, they create a vacuum that draws fluid into the pump and then pushes it out through the discharge port. The gears do not touch each other, which reduces friction and allows for smooth operation. External gear pumps are commonly used in various applications such as hydraulic systems, lubrication systems, and fuel transfer because of their simplicity, reliability, and efficiency in pumping fluids.

External Gear Pump Market Dynamics

• The external gear pump market is expected to witness significant growth in the future due to the rising demand from the oil and gas industry, growing adoption of efficient external gear pumps in the automotive industry, and the rising demand for electric external gear pumps.
• Additionally, the lower operating costs, environmentally friendly features, and advancements in pump technology are the prominent factors driving the growth of the external gear pump market.
• However, the high initial investment costs associated with advanced external gear pump systems and challenges related to maintenance of complex pump components are restraining the market growth.
• On the contrary, the growing investment in renewable energy projects, expansion of industrial infrastructure in emerging economies, and development of compact and lightweight external gear pump solutions are creating opportunities for market growth.

By Application, the Construction Segment is projected to be the Largest Segment in the External Gear Pump Market

The construction segment is anticipated to emerge as the primary segment in the external gear pump market during the forecast period due to their versatile performance and reliability in various construction applications. External gear pumps are adept at handling a wide range of fluids, including viscous materials like asphalt and cement slurries, making them indispensable for tasks such as material transfer, lubrication, and hydraulic power. In construction, where efficiency, durability, and precision are paramount, these pumps excel in delivering consistent fluid flow and pressure, crucial for powering hydraulic systems, mixing and distributing materials, and operating heavy machinery. Additionally, the compact size and robust construction of external gear pumps make them suitable for integration into the often-limited space of construction equipment. Moreover, as construction projects increasingly adopt advanced technologies and automation, the demand for external gear pumps equipped with features such as remote monitoring and predictive maintenance capabilities is on the rise, ensuring uninterrupted operations and minimizing downtime on construction sites.

By Geography, Asia Pacific is Projected to Show Strong Presence in the Global Market

Asia Pacific is expected to exhibit a robust presence in the global market due to the region's rapid industrialization and urbanization, including construction, manufacturing, and transportation projects, all of which rely heavily on fluid transfer and hydraulic systems where external gear pumps play a crucial role. Additionally, the expanding automotive, aerospace, and marine industries in countries like China, Japan, and South Korea further drive the demand for external gear pumps for applications such as lubrication, fuel transfer, and hydraulic power. Moreover, the agricultural sector, which remains a significant contributor to the region's economy, utilizes external gear pumps for irrigation systems, crop spraying, and fertilizer application. Furthermore, the increasing focus on energy efficiency and environmental sustainability in the Asia Pacific region has spurred demand for external gear pumps, which offer high efficiency and precise fluid control, thereby reducing energy consumption and minimizing environmental impact.

Key Target Audience:

• Manufacturers of External Gear Pumps
• Distributors and Suppliers of Fluid Transfer Equipment
• Engineering and Construction Companies
• Maintenance and Repair Service Providers

List of the Key Players Profiled in the Report Includes:

• IDEX Corporation
• Haight Pumps
• Dayton
• Viking Pump
• Bosch Rexroth AG
• Parker Hannifin
• Sundyne
• Turolla
• Pulsafeeder
• Beinlich Pumpen
• Hydropa
• Chemsteel
• Vivoil Oleodinamica
• EATON

Recent Developments:

• In April 2023, Bosch Rexroth has unveiled the A3V pump platform, designed for medium-pressure industrial hydraulic applications, showcasing high efficiency. This innovative platform enables presses, injection moulding machines, and similar cyclic applications to achieve energy savings of up to 80% compared to constant-speed systems. Leading the range is the A3V2Q045, a 45 cc 2-quadrant pump, marking the debut product in the medium-pressure category capable of handling flows up to 300 l/min, with options available for flows reaching up to 180 l/min.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Type:

• Motorless
• Electric
• Manual
• Hydraulic

Market by, Design:

• Single
• Double
• Triple

Market by, Material:

• Cast Iron
• Stainless Steel
• Aluminum
• Plastic

Market by, Application:

• Construction
• Material Handling
• Mining
• Automotive Manufacturing
• Agriculture
• Chemical Processing
• Oil & Gas
• Water & Wastewater
• Food & Beverages
• Pharmaceuticals
• Other Applications

Market by, Sales Channel:

• Direct Sales
• Distributor
• Online Retail

Market by, Geography:

The external gear pump market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:

• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis

What Can be Explored with this Research Report:

• Understand the key trends that will drive the market and the challenges it faces in the current market scenario
• Identify growth opportunities
• Porter’s five force analysis
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth
• Historical and forecast size of the market in terms of revenue (USD Million)
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted