Asia Pacific Hydraulic Gear Pump Market Size and Growth Insights till 2032

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Asia Pacific hydraulic gear pump market is witnessing strong demand, supported by the country’s leadership in engineering and manufacturing. As a global hub for automotive, industrial, and construction machinery, Asia Pacific requires highly efficient hydraulic systems, propelling growth in the hydraulic gear pump sector. Innovations in pump design focusing on efficiency, durability, and precision have become market drivers. Increasing automation in production processes and stringent environmental regulations have prompted a focus on energy-efficient solutions. Asia Pacific’s focus on infrastructure modernization and sustainability is anticipated to further enhance demand for advanced hydraulic gear pumps.

 

Hydraulic Gear Pump Market Size was valued at USD 9.2 Billion in 2023 and the industry is projected to grow from USD 9.56 Billion in 2024 to USD 12.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.50% during the forecast period (2024–2032). Rising need for energy-efficient solutions, as well as increased use of construction equipment for tasks such as excavation, earthmoving, and material handling, are the key market drivers enhancing the market growth.

 

Fluids are pumped throughout a system by hydraulic gear pumps, which rely on the gear meshing because the mechanical clearances between the gears are so small. The hydraulic fluid is pumped forward toward the discharge point as the gears turn. Earth moving equipment, material handling equipment, agricultural machinery, and construction equipment are the main applications for hydraulic gear pumps.

 

The hydraulic gear pump is primarily divided into internal and exterior gear pumps, and it is used in a variety of applications, including transmissions and clutches, electrohydraulic-powered steering, and hybrid propulsion. The hydraulic gear pump offers precise temperature stabilisation, increased fuel efficiency, and noise reduction when compared to conventional mechanical pumps.

 

The hydraulic gear pump addresses the growing demand for energy-efficient pumping solutions because it consumes less energy. Thus, over the projected period, the demand for hydraulic gear pumps is anticipated to be driven by the escalating environmental concerns. However, it is anticipated that during the forecast period, the high cost of hydraulic gear pump assembly will limit demand for hydraulic gear pumps.

 

Regional Analysis :

Geographically, there are four divisions of the global hydraulic gear pump market: North America, Asia Pacific, Asia-Pacific, and the Rest of the World. Throughout the forecast period, North America is anticipated to hold the largest market share due to the region's expanding construction and agricultural sectors as well as rising construction spending in a number of nations. For instance, the US Census Bureau reports that spending on construction increased in the US from USD 788 billion in 2011 to USD 1231 billion in 2017.

 

Furthermore, a sizeable market share is predicted to belong to Asia Pacific during the forecast period. The strong demand for heavy-duty vehicles and the presence of key market players like Linde Hydraulics GmbH & Co. Kg, Bosch Rexroth AG, Eaton Corporation Plc, Bucher Hydraulics GmbH, HYDAC, and Marzocchi Pompe S.p.A. are anticipated to propel the growth of the Asia Pacific market.

 

Market Segmentation :

The market for hydraulic gear pumps is divided into several regions, distribution channels, product types, operating pressures, and vehicle types. The market has been divided into three categories based on vehicle type: material handling vehicles, heavy-duty vehicles, and light-duty vehicles. The market has been divided into external gear pumps and internal gear pumps based on the kind of product.

 

The market has been divided into three categories based on operating pressure: less than 100 bar, 100 to 300 bar, and above 300 bar. The market has been divided into transmission/clutches, electrohydraulic powered steering, hybrid propulsion, and lifting application on the basis of application. The market has been divided into two categories: original equipment manufacturer (OEM) and aftermarket.

 

Key Players :

The prominent players in the global hydraulic gear pump market include Linde Hydraulics GmbH & Co. Kg (ASIA PACIFIC), Bosch Rexroth AG (ASIA PACIFIC), Eaton Corporation Plc (Republic of Ireland), Sapricon Hydraulic Industries(India), and Gemma Automotive (Turkey). Marzocchi Pompe S.p.A. (Italy), Daikin Industries, Ltd. (Japan), Kawasaki Heavy Industries, Ltd(Japan), Bucher Hydraulics GmbH (Switzerland), Parker Hannifin Corp (US), Dynamatic Technologies Limited (India), and HYDAC (ASIA PACIFIC) are among others.

 

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