Market Overview:
The global industrial gear pump market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas, chemical industry, food and beverage, and other applications across the globe. Additionally, the growing awareness about energy-efficient pumps is also propelling the growth of this market. The internal gear pumps segment is expected to dominate the global industrial gear pump market during the forecast period owing to its high efficiency and low noise levels as compared to external gear pumps. Moreover, these pumps are easy to install and maintain which makes them popular among end users. Geographically, North America is anticipated to lead the global industrial gear pump market during 2018-2030 due its large number of oil refineries in countries such as U.S., Canada Mexico etc.
Product Definition:
Gear pumps are positive displacement pumps that use gears to pump fluid. Gear pumps are used in many industries, including oil and gas production, water treatment, and chemical processing. Gear pumps can be used to move a variety of fluids, including water, oil, diesel fuel, and chemicals.
Internal Gear Pumps:
Gear pumps are used to transmit torque within a mechanical system. Internal gear pump is an impeller driven by a crankshaft which is free to rotate. The main difference between them and external gear pumps, Is that the former has its transmission enclosed, so there's no danger of the media getting contaminated by splashes from the surroundings. They also have less operating speed than their counterparts making them ideal for low-pressure applications where high flow rate is required at low head or vice versa.
External Gear Pumps:
External gear pumps are mechanical devices used to move liquids or fluids with the help of mechanical advantage. These are primarily used in industrial applications for transferring lubricants, slurries, and other viscous fluids. They work on the principle of centrifugal force which is generated when a fluid is spun at high speed. The viscosity of the fluid increases due to its spinning and it acts as an external force that resists any attempt to change its flow rate.
Application Insights:
The oil and gas industry dominated the global market in terms of application share, accounting for over 30.0% in 2017. The growth can be attributed to increasing demand for crude oil from emerging economies such as China, India and Brazil. In addition, growing investments by companies including BP plc, StatoilHydro ASA and Repsol SAC are expected to drive the segment further during the forecast period.
Chemical industry is anticipated to emerge as one of the fastest-growing segments over the forecast period owing to factors such as rapid urbanization coupled with a growing population will drive up construction spending which in turn is likely to propel product demand across various applications within this sector including fertilizers manufacturing plants and petrochemical complexes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea and Taiwan are some of the prominent markets in APAC that have been experiencing strong economic growth over past few years.
The chemical industry is one of the significant sectors contributing towards economic growth in Asia Pacific countries such as China and India owing to their large-scale production capacities for various chemicals including fertilizers, petrochemicals etc., which require frequent maintenance & repair works for producing goods at optimum rates. This factor is anticipated to boost product demand from chemical industry across these countries during the forecast period.
Growth Factors:
- Increasing demand for industrial gear pumps from the oil and gas industry as a result of the growth in exploration and production activities.
- Rising demand for high-pressure gear pumps from the chemical processing industry to meet the increasing need for process intensification.
- Growing popularity of hydraulic hybrid systems, which use an electric motor to drive a hydraulic pump, in passenger cars and commercial vehicles due to their fuel efficiency benefits over traditional gasoline or diesel engines. This is expected to boost demand for industrial gear pumps in the automotive sector over the next few years.
- Rapid expansion of manufacturing facilities across Asia Pacific, especially in China and India, which is expected to lead to an increase in demand for industrial gear pumps used in various process industries such as water treatment, papermaking, metalworking, food & beverage processing, etc., over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Gear Pump Market Research Report
By Type
Internal Gear Pumps, External Gear Pumps
By Application
Oil and Gas, Chemical Industry, Food and Beverage, Others
By Companies
Bosch Rexroth, Bailey International, Eaton, Parker Hannifin, Kawasaki Heavy Industries, Danfoss, Permco Inc, Hayward Tyler Ltd, Marzocchi Pompe, Roper Pump Company, Haight Pump, JEE Pumps, Hoyea, Nordson, WITTE, Del Pump, Bucher Hydraulics, Daikin, Verder Liquids, TAIKO KIKAI Industries CO., LTD, Diener Precision Pumps (DPP), Fluid-O-Tech, Sumitomo Precision, Viking Pump, Dover, Voith, Tuthill, Yuken, SPX FLOW, Hydac International
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Gear Pump Market Report Segments:
The global Industrial Gear Pump market is segmented on the basis of:
Types
Internal Gear Pumps, External Gear Pumps
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
Oil and Gas, Chemical Industry, Food and Beverage, 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:
- Bosch Rexroth
- Bailey International
- Eaton
- Parker Hannifin
- Kawasaki Heavy Industries
- Danfoss
- Permco Inc
- Hayward Tyler Ltd
- Marzocchi Pompe
- Roper Pump Company
- Haight Pump
- JEE Pumps
- Hoyea
- Nordson
- WITTE
- Del Pump
- Bucher Hydraulics
- Daikin
- Verder Liquids
- TAIKO KIKAI Industries CO., LTD
- Diener Precision Pumps (DPP)
- Fluid-O-Tech
- Sumitomo Precision
- Viking Pump
- Dover
- Voith
- Tuthill
- Yuken
- SPX FLOW
- Hydac International
Highlights of The Industrial Gear 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:
- Internal Gear Pumps
- External Gear Pumps
- By Application:
- Oil and Gas
- Chemical Industry
- Food and Beverage
- 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 Industrial Gear 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?
Industrial Gear Pump is a machine that helps to move fluids and materials in an industrial setting. It can be used for a variety of purposes, such as moving water, oil, or other liquids; conveying sand; or handling large amounts of material.
Some of the major companies in the industrial gear pump market are Bosch Rexroth, Bailey International, Eaton, Parker Hannifin, Kawasaki Heavy Industries, Danfoss, Permco Inc, Hayward Tyler Ltd, Marzocchi Pompe, Roper Pump Company, Haight Pump, JEE Pumps, Hoyea, Nordson, WITTE, Del Pump, Bucher Hydraulics, Daikin, Verder Liquids, TAIKO KIKAI Industries CO., LTD, Diener Precision Pumps (DPP), Fluid-O-Tech, Sumitomo Precision, Viking Pump, Dover, Voith, Tuthill, Yuken, SPX FLOW, Hydac International.
The industrial gear pump market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Gear 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 Industrial Gear Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Gear 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 Industrial Gear 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 Industrial Gear Pump Market Size & Forecast, 2018-2028
4.5.1 Industrial Gear Pump Market Size and Y-o-Y Growth
4.5.2 Industrial Gear Pump Market Absolute $ Opportunity
Chapter 5 Global Industrial Gear Pump 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 Industrial Gear Pump Market Size Forecast by Type
5.2.1 Internal Gear Pumps
5.2.2 External Gear Pumps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Gear Pump 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 Industrial Gear Pump Market Size Forecast by Applications
6.2.1 Oil and Gas
6.2.2 Chemical Industry
6.2.3 Food and Beverage
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Gear 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 Industrial Gear 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 Industrial Gear Pump Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Gear Pump 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 Industrial Gear Pump Market Size Forecast by Type
9.6.1 Internal Gear Pumps
9.6.2 External Gear Pumps
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 Industrial Gear Pump Market Size Forecast by Applications
9.10.1 Oil and Gas
9.10.2 Chemical Industry
9.10.3 Food and Beverage
9.10.4 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 Industrial Gear Pump Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Gear Pump 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 Industrial Gear Pump Market Size Forecast by Type
10.6.1 Internal Gear Pumps
10.6.2 External Gear Pumps
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 Industrial Gear Pump Market Size Forecast by Applications
10.10.1 Oil and Gas
10.10.2 Chemical Industry
10.10.3 Food and Beverage
10.10.4 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 Industrial Gear Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Gear Pump 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 Industrial Gear Pump Market Size Forecast by Type
11.6.1 Internal Gear Pumps
11.6.2 External Gear Pumps
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 Industrial Gear Pump Market Size Forecast by Applications
11.10.1 Oil and Gas
11.10.2 Chemical Industry
11.10.3 Food and Beverage
11.10.4 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 Industrial Gear Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Gear Pump 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 Industrial Gear Pump Market Size Forecast by Type
12.6.1 Internal Gear Pumps
12.6.2 External Gear Pumps
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 Industrial Gear Pump Market Size Forecast by Applications
12.10.1 Oil and Gas
12.10.2 Chemical Industry
12.10.3 Food and Beverage
12.10.4 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) Industrial Gear Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Gear Pump 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) Industrial Gear Pump Market Size Forecast by Type
13.6.1 Internal Gear Pumps
13.6.2 External Gear Pumps
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) Industrial Gear Pump Market Size Forecast by Applications
13.10.1 Oil and Gas
13.10.2 Chemical Industry
13.10.3 Food and Beverage
13.10.4 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 Industrial Gear Pump Market: Competitive Dashboard
14.2 Global Industrial Gear Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch Rexroth
14.3.2 Bailey International
14.3.3 Eaton
14.3.4 Parker Hannifin
14.3.5 Kawasaki Heavy Industries
14.3.6 Danfoss
14.3.7 Permco Inc
14.3.8 Hayward Tyler Ltd
14.3.9 Marzocchi Pompe
14.3.10 Roper Pump Company
14.3.11 Haight Pump
14.3.12 JEE Pumps
14.3.13 Hoyea
14.3.14 Nordson
14.3.15 WITTE
14.3.16 Del Pump
14.3.17 Bucher Hydraulics
14.3.18 Daikin
14.3.19 Verder Liquids
14.3.20 TAIKO KIKAI Industries CO., LTD
14.3.21 Diener Precision Pumps (DPP)
14.3.22 Fluid-O-Tech
14.3.23 Sumitomo Precision
14.3.24 Viking Pump
14.3.25 Dover
14.3.26 Voith
14.3.27 Tuthill
14.3.28 Yuken
14.3.29 SPX FLOW
14.3.30 Hydac International
