Global Hydraulic Gear Pump Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
External Gear Pump and Internal Gear Pump.By Vehicle Type;
Light Duty Vehicles, Heavy Duty Vehicles, and Material Handling Vehicles.By Operating Pressure;
Less Than 100 Bar, 100–300 Bar, and Above 300 Bar.By Application;
Transmission/Clutches, Electrohydraulic Powered Steering, Hybrid Propulsion, and Lifting Application.By Distribution Channel;
Original Equipment Manufacturer (OEM), and Aftermarket.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Hydraulic Gear Pump Market (USD Million), 2021 - 2031
In the year 2024, the Global Hydraulic Gear Pump Market was valued at USD 1,981.52 million. The size of this market is expected to increase to USD 2,509.14 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.
The Global Hydraulic Gear Pump Market stands as a vital component within the broader hydraulic systems industry, playing a pivotal role in facilitating fluid power transmission in a myriad of applications. Hydraulic gear pumps are renowned for their reliability, efficiency, and versatility, making them indispensable across a spectrum of industries, including construction, agriculture, automotive, and manufacturing. These pumps utilize the meshing of gears to generate hydraulic fluid flow, delivering pressurized fluid to power hydraulic cylinders, motors, and other hydraulic components.
The market's growth is driven by several key factors, including increasing industrialization, infrastructure development, and the adoption of automation across sectors. As industries worldwide seek to enhance productivity, efficiency, and precision in their operations, the demand for hydraulic gear pumps continues to rise. Additionally, the expanding construction and agricultural sectors, particularly in emerging economies, further fuel market growth, as hydraulic gear pumps are integral to various machinery and equipment used in these sectors.
However, the market also faces challenges such as intense competition, technological advancements, and evolving regulatory standards. Manufacturers are continually innovating to stay ahead of the curve, developing energy-efficient pumps, improving durability, and integrating smart technologies for enhanced performance and reliability. Moreover, stringent environmental regulations and the growing focus on sustainability are prompting manufacturers to explore eco-friendly materials and manufacturing processes, ensuring compliance and meeting customer expectations for greener solutions. In essence, the Global Hydraulic Gear Pump Market thrives on innovation, adaptability, and the ability to meet the evolving needs of diverse industries worldwide.
Global Hydraulic Gear Pump Market Recent Developments
-
In July 2022, Bungartz, a renowned German manufacturer, unveiled an innovative rotating piston pump at the ACHEMA exhibition. This groundbreaking design incorporates magnets to transmit outer shaft torque to the pistons, significantly reducing maintenance requirements. The pump's versatility allows it to handle a wide range of applications, including the pumping of toxic, corrosive, or viscous liquids, making it a valuable solution across various industries.
-
In June 2024, a new line of gear pumps utilizing lightweight materials was launched to cater to the growing demand for energy,efficient hydraulic systems.
Segment Analysis
The Global Hydraulic Gear Pump Market has been segmented by Product Type, Vehicle Type, Operating Pressure, Application, Distribution Channel and Geography. This report extensively covers different segments of Global Hydraulic Gear Pump Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
Product Type segmentation categorizes hydraulic gear pumps based on their specific designs and functionalities, including internal gear pumps, external gear pumps, and gerotor pumps. Each type offers unique advantages and is tailored to different applications and operating conditions.
Vehicle Type segmentation classifies hydraulic gear pumps according to the types of vehicles they are installed in, such as passenger vehicles, commercial vehicles, and industrial machinery. This segmentation helps manufacturers target specific vehicle segments and optimize product offerings to meet the diverse needs of customers.
Operating Pressure segmentation divides the market based on the pressure levels at which hydraulic gear pumps operate, ranging from low-pressure pumps to high-pressure pumps. Understanding the operating pressure requirements of different applications enables manufacturers to develop pumps that deliver optimal performance and efficiency.
Application segmentation categorizes hydraulic gear pumps based on the industries and applications they serve, including construction, agriculture, automotive, manufacturing, and others. This segmentation reflects the diverse range of industries that rely on hydraulic gear pumps for fluid power transmission.
Distribution Channel segmentation delineates the market based on the channels through which hydraulic gear pumps are distributed to customers, including OEMs (Original Equipment Manufacturers), aftermarket suppliers, distributors, and online retailers. Each distribution channel offers unique advantages and serves different customer segments, influencing purchasing decisions and market dynamics.
Geographical segmentation divides the market based on regional and country-level factors, including economic conditions, regulatory frameworks, and infrastructure development. Major regions often considered in this segmentation include North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, each presenting distinct opportunities and challenges for hydraulic gear pump manufacturers and suppliers.
Global Hydraulic Gear Pump Segment Analysis
In this report, the Global Hydraulic Gear Pump Market has been segmented by Product Type, Vehicle Type, Operating Pressure, Application, Distribution Channel and Geography.
Global Hydraulic Gear Pump Market, Segmentation by Product Type
The Global Hydraulic Gear Pump Market has been segmented by Product Type into External Gear Pump and Internal Gear Pump.
External Gear Pumps are characterized by the meshing of two external gears, where one gear is driven by the prime mover, and the other gear rotates due to the meshing action. This rotation creates a vacuum, drawing fluid into the pump chamber and then expelling it under pressure. External gear pumps are known for their simplicity, reliability, and efficiency, making them suitable for various applications across industries.
Internal Gear Pumps, on the other hand, consist of an external gear and an internal gear meshing within a circular housing. As the gears rotate, fluid is drawn into the pump chamber and expelled under pressure. Internal gear pumps offer advantages such as smooth, pulsation-free flow, high volumetric efficiency, and the ability to handle high-viscosity fluids. These pumps are widely used in applications requiring precise fluid control and consistent performance.
Global Hydraulic Gear Pump Market, Segmentation by Vehicle Type
The Global Hydraulic Gear Pump Market has been segmented by Vehicle Type into Light Duty Vehicles, Heavy Duty Vehicles and Material Handling Vehicles.
Light Duty Vehicles encompass a wide range of automobiles, including passenger cars, light trucks, and utility vehicles. Hydraulic gear pumps installed in light-duty vehicles typically support auxiliary systems such as power steering, convertible top mechanisms, and transmission systems. These pumps are designed to deliver efficient and reliable performance in compact and lightweight vehicle configurations, meeting the demands of everyday driving and transportation needs.
In contrast, Heavy Duty Vehicles refer to larger and more robust vehicles used in commercial, industrial, and off-highway applications. This category includes trucks, buses, construction equipment, agricultural machinery, and mining vehicles. Hydraulic gear pumps installed in heavy-duty vehicles serve critical functions such as lifting, tilting, steering, and braking, requiring rugged construction and high-pressure capabilities to withstand demanding operating conditions and heavy loads.
Material Handling Vehicles encompass a specialized category of vehicles used for transporting, lifting, and handling materials in warehouses, distribution centers, manufacturing facilities, and construction sites. Forklifts, cranes, aerial work platforms, and industrial trucks are examples of material handling vehicles equipped with hydraulic gear pumps to power hydraulic systems for lifting, lowering, and maneuvering loads with precision and efficiency.
Global Hydraulic Gear Pump Market, Segmentation by Operating Pressure
The Global Hydraulic Gear Pump Market has been segmented by Operating Pressure into Less Than 100 Bar, 100300 Bar and Above 300 Bar.
Hydraulic gear pumps operating at Less Than 100 Bar are typically used in applications requiring lower pressure levels, such as small-scale machinery, light-duty vehicles, and auxiliary hydraulic systems. These pumps are designed to deliver consistent and reliable performance at lower pressures, offering cost-effective solutions for applications where high-pressure requirements are not critical.
In the 100-300 Bar operating pressure range, hydraulic gear pumps cater to a broader range of applications across various industries, including construction, agriculture, manufacturing, and material handling. These pumps are capable of generating higher pressures, making them suitable for medium-duty vehicles, industrial machinery, and hydraulic systems requiring moderate power output and performance.
Hydraulic gear pumps operating at Above 300 Bar are designed to handle high-pressure applications, such as heavy-duty vehicles, industrial equipment, and hydraulic systems operating under extreme conditions. These pumps are engineered to withstand the rigors of demanding operating environments, delivering robust performance, durability, and reliability in critical applications where high-pressure requirements are essential.
Global Hydraulic Gear Pump Market, Segmentation by Application
The Global Hydraulic Gear Pump Market has been segmented by Application into Transmission/Clutches, Electrohydraulic Powered Steering, Hybrid Propulsion and Lifting Application.
Transmission/Clutches represent a key application area for hydraulic gear pumps, particularly in automotive and industrial settings. These pumps are utilized to power hydraulic systems responsible for controlling vehicle transmissions and clutches, ensuring smooth shifting, precise control, and optimal performance in vehicles and machinery.
Electrohydraulic Powered Steering is another significant application segment for hydraulic gear pumps, primarily in the automotive industry. These pumps play a crucial role in power steering systems, assisting drivers in steering maneuvers by applying hydraulic pressure to the steering mechanism. Hydraulic gear pumps enable responsive and effortless steering, enhancing vehicle maneuverability and driver comfort.
Hybrid Propulsion applications utilize hydraulic gear pumps to power hybrid propulsion systems in vehicles and machinery. These pumps work in conjunction with electric motors or internal combustion engines to provide supplemental power for propulsion, improving fuel efficiency, reducing emissions, and enhancing overall performance in hybrid vehicles and equipment.
Lifting Application encompasses a broad range of industrial and material handling equipment that relies on hydraulic gear pumps for lifting, lowering, and positioning heavy loads. Hydraulic gear pumps power hydraulic systems in cranes, forklifts, aerial work platforms, and other lifting equipment, providing the necessary force and control to perform lifting operations safely and efficiently.
Global Hydraulic Gear Pump Market, Segmentation by Distribution Channel
The Global Hydraulic Gear Pump Market has been segmented by Distribution Channel into Original Equipment Manufacturer (OEM) and Aftermarket.
The Global Hydraulic Gear Pump Market is segmented by Distribution Channel, distinguishing between Original Equipment Manufacturer (OEM) and Aftermarket channels. This segmentation sheds light on the diverse pathways through which hydraulic gear pumps reach end-users and industries worldwide, influencing purchasing decisions and market dynamics.
Original Equipment Manufacturer (OEM) channel caters to manufacturers of vehicles, machinery, and equipment that incorporate hydraulic gear pumps as integral components in their products. OEMs procure hydraulic gear pumps directly from manufacturers or authorized distributors to install them during the production process. This channel ensures seamless integration of hydraulic systems into OEM products, providing customers with reliable and high-quality solutions from trusted suppliers.
In contrast, the Aftermarket channel serves as a secondary distribution pathway for hydraulic gear pumps, catering to end-users seeking replacement parts, upgrades, or maintenance supplies for existing machinery and equipment. Aftermarket suppliers distribute hydraulic gear pumps through various channels, including independent distributors, online retailers, and specialized service centers. This channel offers flexibility and convenience for customers to procure hydraulic gear pumps as needed, providing a wide range of options and aftermarket support services.
Segmenting the market by Distribution Channel highlights the distinct purchasing behaviors and preferences of customers within the hydraulic gear pump industry. Understanding the differences between OEM and Aftermarket channels enables manufacturers and suppliers to tailor their distribution strategies, pricing models, and service offerings to meet the specific needs and requirements of different customer segments.
Global Hydraulic Gear Pump Market, Segmentation by Geography
In this report, the Global Hydraulic Gear Pump Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Hydraulic Gear Pump Market Share (%), by Geographical Region, 2023
North America represents a significant market for hydraulic gear pumps, driven by robust industrial activity, infrastructure development, and the presence of leading manufacturers and suppliers. The region's advanced manufacturing sector, coupled with investments in automation and technology, contributes to the steady demand for hydraulic gear pumps across various industries, including automotive, construction, and aerospace.
Europe is another prominent region in the global hydraulic gear pump market, characterized by a strong emphasis on sustainability, innovation, and engineering excellence. Countries such as Germany, Italy, and the United Kingdom are major contributors to market growth, leveraging advanced manufacturing capabilities and stringent quality standards to produce high-performance hydraulic gear pumps for domestic and export markets.
Asia Pacific emerges as a key growth engine for the hydraulic gear pump market, fueled by rapid industrialization, urbanization, and infrastructure development across emerging economies such as China, India, and Southeast Asian countries. The region's expanding automotive, construction, and manufacturing sectors drive demand for hydraulic gear pumps, supported by increasing investments in machinery, equipment, and hydraulic systems.
The Middle East and Africa region presents opportunities for hydraulic gear pump manufacturers and suppliers, particularly in sectors such as oil and gas, mining, and construction. The region's abundant natural resources and infrastructure projects contribute to the demand for hydraulic gear pumps, although market dynamics are influenced by factors such as geopolitical instability, economic conditions, and regulatory frameworks.
Latin America rounds out the geographical segmentation of the global hydraulic gear pump market, characterized by diverse industries, including agriculture, mining, and transportation. Countries like Brazil, Mexico, and Argentina are key markets for hydraulic gear pumps, driven by infrastructure investments, industrial modernization, and agricultural mechanization initiatives.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Hydraulic Gear Pump Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Industrialization and Infrastructure Development
- Increasing Automation Across Industries
-
Growing Demand for Reliable Fluid Power Transmission- The growing demand for reliable fluid power transmission is a key driving force propelling the expansion of the hydraulic gear pump market. Industries worldwide, ranging from automotive to construction, rely heavily on hydraulic systems to power essential machinery and equipment. Hydraulic gear pumps play a fundamental role in these systems by efficiently transferring hydraulic fluid to drive hydraulic cylinders, motors, and other components. As industries seek to enhance productivity, efficiency, and performance, the need for dependable fluid power transmission becomes increasingly critical, driving the adoption of hydraulic gear pumps known for their reliability, durability, and consistent performance.
Moreover, the rising trend towards automation and mechanization across industries further amplifies the demand for reliable fluid power transmission solutions. Automated machinery and equipment require precise and responsive hydraulic systems to perform complex tasks with accuracy and efficiency. Hydraulic gear pumps, with their ability to deliver consistent hydraulic pressure and flow rates, meet the stringent requirements of automated systems, contributing to increased adoption across various industrial sectors. As industries continue to prioritize operational efficiency and productivity gains, the demand for hydraulic gear pumps as a reliable solution for fluid power transmission is expected to escalate further, driving market growth and innovation in the years to come.
Restraints:
- Intense Competition in the Market
- Technological Advancements and Evolving Standards
-
Environmental Regulations and Sustainability Concerns- Environmental regulations and sustainability concerns are significant factors influencing the global hydraulic gear pump market. With increasing awareness of environmental issues and the need to reduce carbon footprints, industries are facing stricter regulations aimed at minimizing pollution and promoting sustainable practices. Hydraulic gear pump manufacturers are under pressure to develop eco-friendly solutions that comply with stringent emission standards and regulations. Additionally, sustainability concerns drive the adoption of energy-efficient hydraulic gear pumps that reduce energy consumption and minimize environmental impact during operation.
As governments worldwide implement measures to combat climate change, hydraulic gear pump manufacturers are compelled to innovate and invest in sustainable technologies to meet regulatory requirements and satisfy customer demand for environmentally responsible products. Furthermore, sustainability concerns extend beyond regulatory compliance to encompass broader environmental stewardship and corporate social responsibility initiatives. Companies are increasingly focused on adopting sustainable manufacturing processes, sourcing eco-friendly materials, and reducing waste throughout the product lifecycle. Hydraulic gear pump manufacturers are integrating sustainability principles into their business models, emphasizing product durability, recyclability, and energy efficiency. By addressing sustainability concerns proactively, companies can enhance their market competitiveness, build brand reputation, and meet the evolving expectations of environmentally conscious consumers and stakeholders.
Opportunities:
- Expansion of Construction and Agricultural Sectors
- Integration of Smart Technologies for Enhanced Performance
-
Development of Eco-Friendly Hydraulic Gear Pumps- The development of eco-friendly hydraulic gear pumps represents a significant advancement in response to growing environmental concerns and sustainability objectives. Hydraulic gear pump manufacturers are increasingly focusing on innovation to create products that minimize environmental impact and comply with stringent regulations. These eco-friendly pumps are designed with features such as energy-efficient motors, optimized hydraulic systems, and eco-friendly materials to reduce energy consumption, emissions, and environmental footprint during operation.
Furthermore, the development of eco-friendly hydraulic gear pumps aligns with broader industry efforts to promote sustainability and corporate responsibility. Manufacturers are investing in research and development to enhance pump efficiency, reliability, and durability while reducing environmental impact. By incorporating eco-friendly design principles and materials, hydraulic gear pump manufacturers not only meet regulatory requirements but also cater to the growing demand for sustainable solutions from environmentally conscious customers and stakeholders. As sustainability continues to gain prominence in the hydraulic gear pump market, the development of eco-friendly pumps is expected to accelerate, driving innovation and shaping the future of fluid power transmission technologies.
Competitive Landscape Analysis
Key players in Global Hydraulic Gear Pump Market include:
- Bosch Rexroth AG
- Eaton Corporation
- Parker Hannifin Corporation
- Kawasaki Heavy Industries Ltd.
- Bucher Hydraulics GmbH
- Casappa S.p.A.
- Danfoss Group
- Hydac International GmbH
- Yuken Kogyo Co., Ltd.
- Eaton Vickers
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Operating Pressure
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Hydraulic Gear Pump Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Industrialization and Infrastructure Development
- Increasing Automation Across Industries
- Growing Demand for Reliable Fluid Power Transmission
- Restraints
- Intense Competition in the Market
- Technological Advancements and Evolving Standards
- Environmental Regulations and Sustainability Concerns
- Opportunities
- Expansion of Construction and Agricultural Sectors
- Integration of Smart Technologies for Enhanced Performance
- Development of Eco-Friendly Hydraulic Gear Pumps
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Hydraulic Gear Pump Market, By Product Type, 2021 - 2031 (USD Million)
- External Gear Pump
- Internal Gear Pump
- Global Hydraulic Gear Pump Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Light Duty Vehicles
- Heavy Duty Vehicles
- Material Handling Vehicles
- Global Hydraulic Gear Pump Market, By Operating Pressure, 2021 - 2031 (USD Million)
- Less Than 100 Bar
- 100–300 Bar
- Above 300 Bar
- Global Hydraulic Gear Pump Market, By Application, 2021 - 2031 (USD Million)
- Transmission/Clutches
- Electrohydraulic Powered Steering
- Hybrid Propulsion
- Lifting Application
- Global Hydraulic Gear Pump Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Original Equipment Manufacturer (OEM)
- Aftermarket
- Global Hydraulic Gear Pump Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Hydraulic Gear Pump Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bosch Rexroth AG
- Eaton Corporation
- Parker Hannifin Corporation
- Kawasaki Heavy Industries Ltd.
- Bucher Hydraulics GmbH
- Casappa S.p.A.
- Danfoss Group
- Hydac International GmbH
- Yuken Kogyo Co., Ltd.
- Eaton Vickers
- Company Profiles
- Analyst Views
- Future Outlook of the Market