Fixed Displacement Gear Pump Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 5.1% from 2026 to 2033, reaching USD 1.8 Billion by 2033.
The global Fixed Displacement Gear Pump Market was valued at approximately USD 4.5 billion in 2022, with expectations to grow at a Compound Annual Growth Rate (CAGR) of 4.7% from 2023 to 2030. This market growth can be attributed to the increasing demand for these pumps in various industries such as automotive, construction, oil and gas, and manufacturing. Fixed displacement gear pumps are essential for applications requiring precise fluid handling, and their demand has risen significantly due to technological advancements and the expansion of end user industries across the globe. The Asia Pacific region dominates the market with the highest share, accounting for more than 40% of the global market in 2022, driven by industrialization, infrastructural developments, and strong automotive manufacturing in countries like China and India. North America follows closely, capturing around 25% of the market share, primarily due to the robust presence of key industries such as aerospace, oil and gas, and construction in the region.
Europe also holds a significant portion of the Fixed Displacement Gear Pump Market, contributing around 20% of the market share in 2022, fueled by growing demand in the automotive and manufacturing sectors. The rest of the market is distributed across Latin America, the Middle East, and Africa, where growth prospects are accelerating due to increased investments in infrastructure projects and energy related activities. Opportunities within the Fixed Displacement Gear Pump Market include the rising demand for energy efficient pumps, increasing automation in industrial processes, and the shift towards sustainable solutions in fluid handling systems. Furthermore, the growing trend of replacing older systems with more advanced and efficient models in developed regions is anticipated to provide substantial growth potential for the market in the upcoming years.
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Parker Hannifin
Bucher Industries
Alco Group
VHS Hydraulics
Muncie Power Products
Danfoss Group
Oilgear
Diener Precision Pumps
Kanflu Ltd
Bosch Rexrot
Eaton Corporation
Casappa S.p.A.
Nachi-Fujikoshi Corp
Atos Spa
Concentric AB
Permco Inc
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Fixed Displacement Gear Pump Market
External Gear Pumps
Internal Gear Pumps
Rotary Gear Pumps
Agriculture
Construction
Mining
Oil & Gas
Food & Beverage
Automotive
Aerospace
Manufacturing
Pharmaceutical
Pulp & Paper
Water & Wastewater Treatment
Low Flow Rate (up to 50 GPM)
Medium Flow Rate (51 to 100 GPM)
High Flow Rate (above 100 GPM)
Cast Iron
Stainless Steel
Aluminum
Plastic
Composite Materials
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Fixed Displacement Gear Pump Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Fixed Displacement Gear Pump Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Fixed Displacement Gear Pump Market, By Type
6. Global Fixed Displacement Gear Pump Market, By Application
7. Global Fixed Displacement Gear Pump Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Fixed Displacement Gear Pump Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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