Low Noise External Gear Pumps Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The global market for low noise external gear pumps was valued at approximately USD 1.8 billion in 2022 and is projected to reach USD 2.5 billion by 2027. This growth represents a compound annual growth rate (CAGR) of about 6.5% during the forecast period. The increasing demand for quieter and more efficient pumping solutions across various industries, including automotive, aerospace, and industrial manufacturing, is driving this expansion. Technological advancements in gear pump design and materials are also contributing to market growth by enhancing performance and noise reduction.
Opportunities in the low noise external gear pumps market are primarily driven by the rise in industrial automation and the growing emphasis on reducing noise pollution in urban areas. Emerging markets in Asia-Pacific and Latin America present significant growth potential due to rapid industrialization and infrastructure development. Furthermore, the ongoing focus on energy-efficient and eco-friendly technologies is expected to create additional opportunities for market players. Innovations in pump technology, such as advanced gear profiles and noise-dampening materials, are anticipated to further support market expansion and attract investment.
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Bosch Rexroth AG
Jbj Techniques
JTEKT HPI
Bondioli & Pavesi
Turolla
VBC HYDRAULICS
Settima
SJH
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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 Low Noise External Gear Pumps Market
Fork Lifts
Lift Platforms
Industrial Power Units
Others
Based on Types the Market is categorized into Below types that held the largest Low Noise External Gear Pumps market share In 2023.
Motorless
Electric
Global (United States, Global 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 Low Noise External Gear Pumps 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 Low Noise External Gear Pumps Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Low Noise External Gear Pumps Market, By Type
6. Global Low Noise External Gear Pumps Market, By Application
7. Global Low Noise External Gear Pumps Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Low Noise External Gear Pumps Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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