A gear pump uses the meshing of gears to pump fluid by displacement. They are one of the most common types of pumps for hydraulic fluid power applications.
The earthmoving, mining, and material handling segment led the market and will continue to dominate the market in the coming years. This sector includes machinery that is used extensively in capital-intensive sectors such as mining, infrastructure development, and construction activities.
In terms of geography, the Americas was the leading revenue contributing region in the global gear pump market dutring 2017 and is anticipated to continue its dominance over the next couple of years. Since the US is the major exporter of machinery and equipment, mostly all other nations are dependent on the US for equipment for almost all the sectors. The US caters to several industries including construction, farm, oil and gas, mining, material handling, engines, industrial equipment, refrigerating and heating systems, pumps, and pumping equipment for machinery manufacturing. This generates an augmented demand for spare parts including gear pumps in the region.
In 2019, the market size of Gear Pumps is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Gear Pumps.
This report studies the global market size of Gear Pumps, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Gear Pumps production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Bosch Rexroth
Bailey International
Eaton
Parker Hannifin
Kawasaki Heavy Industries
Danfoss
Permco Gear Pumps
Atos
Hayward Tyler Group
Dantal Hydraulics
Roper Pump Company
Commercial Shearing
Viking Pump
Market Segment by Product Type
Cast Iron Pumps
Aluminum Pumps
Other
Market Segment by Application
Earthmoving, Mining, and Material Handling
Agriculture and Forestry
Construction
Automotive
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Gear Pumps status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Gear Pumps manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Gear Pumps are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Gear Pumps. Industry analysis & Market Report on Gear Pumps is a syndicated market report, published as Global (United States, European Union and China) Gear Pumps Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Gear Pumps market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.