Market Overview:
The global hydraulic gear wheel pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydraulic gear wheel pumps in various applications such as construction, mining & metallurgy, automotive & transportation, material handling, chemicals & petrochemicals and others. Additionally, the growing demand for energy-efficient and high-performance hydraulic gear wheel pumps is also contributing to the growth of this market.
Product Definition:
A hydraulic gear wheel pump is a type of positive displacement pump that uses gears to transfer fluid from one chamber to another. It is used in many industrial applications where precise control of the flow rate and pressure are needed.
External Gear Hydraulic Gear Wheel Pump:
External gear hydraulic gear wheel pump is a mechanical device used to transmit torque from an engine to the driven equipment. It consists of main shaft, transmission and output member. The main shaft is connected via transmission to the driven member which may be a turbine, machine tool or some other rotating part.
Internal Gear Hydraulic Gear Wheel Pump:
Internal gear hydraulic gear wheel pump is used to transfer fluid from one place to another using impellers. It consists of a cylinder, which is driven by a shaft, and two or more intermeshing gears that are mounted on the shaft. The main function of this pump is to transmit torque either between two rotating parts or within a rotating part.
Application Insights:
The construction application segment accounted for the largest revenue share of over 30% in 2017. The growth is attributed to the rising demand for residential and commercial buildings across various regions, including Asia Pacific, North America and Europe. Moreover, increasing urbanization along with industrialization has led to an increase in construction activities globally which is further expected to drive the product demand over the forecast period.
In terms of revenue, mining & metallurgy application segment was valued at USD 536 million in 2017 owing to high product demand from open-pit mines across various regions including Latin America and Africa where there is a high requirement for hydraulic gear wheel pumps due to their ability provide reliable power solution at affordable cost. These gear pump are also used in numerous other applications such as chemical processing plants where they are used as prime mover or auxiliary equipment driven by diesel engines or gas turbines thereby contributing towards significant market share of this segment on a global scale.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing industrialization coupled with increasing investments in infrastructural development has resulted in an increased demand for these pumps across various applications. Moreover, rising awareness regarding energy-efficient products among consumers will further boost product demand across industries such as construction and water management.
The Asia Pacific was followed by Europe which accounted for a revenue share of 23% in 2017 owing to high product penetration of hydraulic gear wheel pumps driven by favorable government policies favoring renewable energy sources along with growing oil & gas industry leading to increased exploration activities onshore as well as offshore thereby driving the requirement for efficient pumping systems used during drilling operations at sea or onshore locations.
Growth Factors:
- Increasing demand for hydraulic gear wheel pumps in the automotive industry for power steering systems and braking systems.
- Growing demand for hydraulic gear wheel pumps from the construction and mining industries due to their ability to handle high pressure and flow requirements.
- Increasing use of hydraulic gear wheel pumps in agricultural applications due to their ability to handle heavy loads with low power consumption.
- Rising popularity of electric vehicles which require efficient, compact, and lightweight hydraulic gear wheel pumps for powering brake systems, steering systems, and other auxiliary functions.
- Technological advancements that have led to the development of more advanced and efficient hydraulic gear wheel pumps with better performance characteristics than traditional models
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Gear Wheel Pump Market Research Report
By Type
External Gear Hydraulic Gear Wheel Pump, Internal Gear Hydraulic Gear Wheel Pump
By Application
Construction, Mining & Metallurgy, Automotive & Transportation, Material Handling, Chemicals & Petrochemicals, Others
By Companies
Eaton Corporation Plc, Peerless Engineering, Bosch Rexroth AG, JTEKHPI, Parker Hannifin Corp, Permco, Inc., Shimadzu Corporation, Dynamatic Technologies Limited, Turolla, Eaton Corporation Plc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Gear Wheel Pump Market Report Segments:
The global Hydraulic Gear Wheel Pump market is segmented on the basis of:
Types
External Gear Hydraulic Gear Wheel Pump, Internal Gear Hydraulic Gear Wheel Pump
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Mining & Metallurgy, Automotive & Transportation, Material Handling, Chemicals & Petrochemicals, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Eaton Corporation Plc
- Peerless Engineering
- Bosch Rexroth AG
- JTEKHPI
- Parker Hannifin Corp
- Permco, Inc.
- Shimadzu Corporation
- Dynamatic Technologies Limited
- Turolla
- Eaton Corporation Plc
Highlights of The Hydraulic Gear Wheel Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- External Gear Hydraulic Gear Wheel Pump
- Internal Gear Hydraulic Gear Wheel Pump
- By Application:
- Construction
- Mining & Metallurgy
- Automotive & Transportation
- Material Handling
- Chemicals & Petrochemicals
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Gear Wheel Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hydraulic gear wheel pump is a type of reciprocating engine that uses the power of hydraulics to move fluid. This type of pump is often used to move water, oil, or other fluids.
Some of the major players in the hydraulic gear wheel pump market are Eaton Corporation Plc, Peerless Engineering, Bosch Rexroth AG, JTEKHPI, Parker Hannifin Corp, Permco, Inc., Shimadzu Corporation, Dynamatic Technologies Limited, Turolla, Eaton Corporation Plc.
The hydraulic gear wheel pump market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Gear Wheel Pump Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Gear Wheel Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Gear Wheel Pump Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Gear Wheel Pump Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Gear Wheel Pump Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Gear Wheel Pump Market Size and Y-o-Y Growth
4.5.2 Hydraulic Gear Wheel Pump Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 External Gear Hydraulic Gear Wheel Pump
5.2.2 Internal Gear Hydraulic Gear Wheel Pump
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Mining & Metallurgy
6.2.3 Automotive & Transportation
6.2.4 Material Handling
6.2.5 Chemicals & Petrochemicals
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Gear Wheel Pump Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Gear Wheel Pump Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 External Gear Hydraulic Gear Wheel Pump
9.6.2 Internal Gear Hydraulic Gear Wheel Pump
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Mining & Metallurgy
9.10.3 Automotive & Transportation
9.10.4 Material Handling
9.10.5 Chemicals & Petrochemicals
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 External Gear Hydraulic Gear Wheel Pump
10.6.2 Internal Gear Hydraulic Gear Wheel Pump
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Mining & Metallurgy
10.10.3 Automotive & Transportation
10.10.4 Material Handling
10.10.5 Chemicals & Petrochemicals
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 External Gear Hydraulic Gear Wheel Pump
11.6.2 Internal Gear Hydraulic Gear Wheel Pump
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Mining & Metallurgy
11.10.3 Automotive & Transportation
11.10.4 Material Handling
11.10.5 Chemicals & Petrochemicals
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 External Gear Hydraulic Gear Wheel Pump
12.6.2 Internal Gear Hydraulic Gear Wheel Pump
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Mining & Metallurgy
12.10.3 Automotive & Transportation
12.10.4 Material Handling
12.10.5 Chemicals & Petrochemicals
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 External Gear Hydraulic Gear Wheel Pump
13.6.2 Internal Gear Hydraulic Gear Wheel Pump
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Mining & Metallurgy
13.10.3 Automotive & Transportation
13.10.4 Material Handling
13.10.5 Chemicals & Petrochemicals
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Gear Wheel Pump Market: Competitive Dashboard
14.2 Global Hydraulic Gear Wheel Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton Corporation Plc
14.3.2 Peerless Engineering
14.3.3 Bosch Rexroth AG
14.3.4 JTEKHPI
14.3.5 Parker Hannifin Corp
14.3.6 Permco, Inc.
14.3.7 Shimadzu Corporation
14.3.8 Dynamatic Technologies Limited
14.3.9 Turolla
14.3.10 Eaton Corporation Plc
