The Global Hydraulic Gear Pumps Market, valued at USD 2.2 billion in 2023, is set to experience significant growth, with a projected CAGR of 5.9% from 2024 to 2032. This market plays a vital role in the industrial machinery and equipment sector, serving industries such as construction, agriculture, oil and gas, and petrochemicals.
The hydraulic gear pumps market is primarily divided into two product types: external and internal gear pumps. Internal gear pumps led the market in 2023, valued at USD 1.2 billion, and are expected to grow at a robust CAGR of 6.3% through 2032. Known for their smooth and quiet operation, these pumps are ideal for precision-driven industries, making them highly sought after across various industrial applications. Their versatility and superior performance give them a competitive advantage over external gear pumps, which are commonly used in less demanding tasks.
The market is also segmented by operating pressure into three categories: Below 150 Bar, 150–250 Bar, and Above 250 Bar. The Below 150 Bar segment accounted for 26% of the market share in 2023 and is projected to reach USD 900 million by 2032. This segment is widely favored for light-duty applications in industries like agriculture, material handling, and small-scale machinery. The affordability, simplicity, and ability to meet lower pressure requirements make it a preferred choice in developing economies, particularly among small and medium-sized enterprises (SME).
The U.S. hydraulic gear pumps market was valued at USD 400 million in 2023, with a projected CAGR of 5.9% through 2032. The country’s advanced industrial base, coupled with high demand for heavy machinery in sectors like construction, agriculture, and manufacturing, drives significant market growth. Additionally, ongoing infrastructure development projects further enhance the demand for efficient and modernized hydraulic systems, boosting market opportunities.
- Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
- Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2032
- Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Growing infrastructural development and urbanization
- 3.6.1.2 Surge in agricultural mechanization
- 3.6.1.3 Growth in material handling and logistics activities
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 High maintenance and operational costs
- 3.6.2.2 Volatility in raw material prices
- 3.7 Growth potential analysis
- 3.8 Porter’s analysis
- 3.9 PESTEL analysis
- Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
- Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2032 (USD Billion) (Thousand Units)
- 5.1 Key trends
- 5.2 External gear pump
- 5.3 Internal gear pump
- Chapter 6 Market Estimates & Forecast, By Operating Pressure, 2021-2032 (USD Billion) (Thousand Units)
- 6.1 Key trends
- 6.2 Below 150 Bar
- 6.3 150 - 250 Bar
- 6.4 Above 250 Bar
- Chapter 7 Market Estimates & Forecast, By Technology, 2021-2032 (USD Billion) (Thousand Units)
- 7.1 Key trends
- 7.2 Self-contained
- 7.3 Remote-condensing
- 7.4 Multiple-condensing
- Chapter 8 Market Estimates & Forecast, By Price Range, 2021-2032 (USD Billion) (Thousand Units)
- 8.1 Key trends
- 8.2 USD 1 - USD 200
- 8.3 USD 200 - USD 600
- 8.4 >USD 600
- Chapter 9 Market Estimates & Forecast, By End Use, 2021-2032 (USD Billion) (Thousand Units)
- 9.1 Key trends
- 9.2 Automotive
- 9.3 Chemicals and petrochemicals
- 9.4 Food and beverage
- 9.5 Metal and mining
- 9.6 Oil and gas
- 9.7 Power generation
- 9.8 Water and wastewater
- 9.9 Others (Pulp and Paper, etc.)
- Chapter 10 Market Estimates & Forecast, By Sales Channel, 2021-2032 (USD Billion) (Thousand Units)
- 10.1 Key trends
- 10.2 Direct sales
- 10.3 Indirect sales
- Chapter 11 Market Estimates & Forecast, By Region, 2021-2032 (USD Million) (Thousand Units)
- 11.1 Key trends
- 11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
- 11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Russia
- 11.3.7 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Rest of Asia Pacific
- 11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
- 11.6 MEA
- 11.6.1 UAE
- 11.6.2 Saudi Arabia
- 11.6.3 South Africa
- 11.6.4 Rest of MEA
- Chapter 12 Company Profiles
- 12.1 Bosch Rexroth
- 12.2 Bucher Hydraulics
- 12.3 Casappa
- 12.4 Concentric AB
- 12.5 Daikin Industries
- 12.6 Dynamatic Technologies
- 12.7 Eaton Corporation
- 12.8 Eckerle
- 12.9 Gemma Automotive
- 12.10 Hema USA
- 12.11 Hydac
- 12.12 Kawasaki Heavy Industries
- 12.13 KSB SE & Co. KGaA
- 12.14 KYB Corporation
- 12.15 Linde Hydraulics GmbH & Co. KG
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