External Gear Pump Market Challenges: Growth, Share, Value, Trends, and Analysis

Data Bridge Market Research analyzes that the global external gear pump market which was USD 238.1 million in 2023, is likely to reach USD 328.9 million by 2031, and is expected to undergo a CAGR of 3.90% during the forecast period.

Business Apr 15, 2025 29 Add to Reading List

External Gear Pump Market Challenges: Growth, Share, Value, Trends, and Analysis

"External Gear Pump Market Size And Forecast by 2032

The global External Gear Pump Market study offers a thorough examination of the industry, highlighting the influence of leading companies on market dynamics and growth. These key players set the benchmark for innovation and operational excellence, contributing significantly to the development of the market. The study delves into their strategic initiatives, offering insights into how they navigate challenges and capitalize on opportunities. By focusing on these companies, the report paints a vivid picture of the competitive environment and its evolution.

Data Bridge Market Research analyzes that the global external gear pump market which was USD 238.1 million in 2023, is likely to reach USD 328.9 million by 2031, and is expected to undergo a CAGR of 3.90% during the forecast period.

the outlook for the External Gear Pump Market remains optimistic, with significant opportunities for growth and innovation. The market’s competitive environment, shaped by leading companies and their strategies, underscores the importance of adaptability and foresight. With a focus on insights, trends, and data-driven analysis, this report serves as a comprehensive guide for stakeholders navigating the complexities of the External Gear Pump Market.

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Which are the top companies operating in the External Gear Pump Market?

The Top 10 Companies in External Gear Pump Market are known for their strong presence and innovative solutions. These include industry leaders. Each of these companies has made significant contributions through cutting-edge products, strategic partnerships, and global reach. Their ability to adapt to market trends and consumer demands has helped them maintain leadership positions in the market, driving growth and setting industry standards.

**Segments**

- Based on type, the external gear pump market can be segmented into spur gear pump, helical gear pump, herringbone gear pump, and others. Spur gear pumps are widely used due to their simple design and cost-effectiveness. Helical gear pumps offer smoother flow and reduced noise levels. Herringbone gear pumps are known for their high efficiency and low pulsation flow.

- On the basis of material, the market can be categorized into cast iron, stainless steel, bronze, and others. Cast iron pumps are durable and resistant to corrosion, making them suitable for various industrial applications. Stainless steel pumps are preferred for applications requiring sanitary conditions or chemical compatibility. Bronze gear pumps are commonly used in marine and seawater applications.

- In terms of end-user industry, the external gear pump market is segmented into automotive, chemical, oil & gas, food & beverage, agriculture, and others. The automotive sector is a significant consumer of external gear pumps for applications such as power steering, braking systems, and transmission systems. The oil & gas industry utilizes these pumps for handling various fluids in upstream, midstream, and downstream processes. Food & beverage applications require sanitary pumps for handling liquids without contamination.

**Market Players**

- Some of the key players in the global external gear pump market include Bosch Rexroth AG, Parker Hannifin Corp, Eaton Corporation, Viking Pump, Inc., Permco, Inc., Kracht GmbH, Haight Pumps, among others. These companies focus on product innovation, strategic partnerships, and mergers & acquisitions to expand their market presence. They cater to a wide range of industries and offer a diverse portfolio of external gear pumps to meet the specific requirements of customers.

For more insights and detailed market analysis of the global external gear pump market, visit: https://www.databridgemarketresearch.com/reports/global-external-gear-pump-marketThe external gear pump market is experiencing steady growth due to the increasing demand for efficient fluid handling equipment across various industries. The segmentation of the market based on type provides manufacturers with insights into the specific preferences of end-users. Spur gear pumps are favored for their simplicity and cost-effectiveness, making them a popular choice in industrial applications. Helical gear pumps offer smoother flow and reduced noise levels, appealing to industries where noise reduction is a priority. Herringbone gear pumps stand out for their high efficiency and low pulsation flow, making them suitable for applications where precision is crucial.

When considering the material used in external gear pumps, the segmentation into cast iron, stainless steel, bronze, and others highlights the importance of durability and corrosion resistance in different industries. Cast iron pumps are known for their robustness and resistance to corrosion, making them ideal for demanding industrial environments. Stainless steel pumps are chosen for applications requiring sanitary conditions or compatibility with various chemicals. Bronze gear pumps find their niche in marine and seawater applications due to their resistance to saltwater corrosion.

The segmentation of the external gear pump market by end-user industry sheds light on the diverse applications of these pumps across sectors such as automotive, chemical, oil & gas, food & beverage, agriculture, and others. The automotive sector relies heavily on external gear pumps for critical functions like power steering and braking systems, highlighting the importance of reliable and efficient fluid handling equipment in this industry. In the oil & gas sector, external gear pumps play a vital role in fluid handling processes across upstream, midstream, and downstream operations, emphasizing the need for robust and high-performance pumps in demanding environments. The food & beverage industry requires sanitary pumps to ensure the safe handling of liquids without contamination, underscoring the importance of hygiene and product integrity in this sector.

Key players in the global external gear pump market, such as Bosch Rexroth AG, Parker Hannifin Corp, Eaton Corporation, and Viking Pump, Inc., are actively involved in product innovation and strategic partnerships to**Market Players**

- Parker Hannifin Corporation (U.S.)
- Bosch Rexroth AG (Germany)
- Eaton Corporation plc (Ireland)
- Viking Pump, Inc. (U.S.)
- Permco (U.S.)
- Fluid-o-Tech S.r.l. (Italy)
- Tuthill Corporation (U.S.)
- Kawasaki Heavy Industries, Ltd. (Japan)
- GemmeCotti S.r.l. (Italy)
- YU.K.en Kogyo Co., Ltd. (Japan)
- Danfoss Group (Denmark)
- Bucher Hydraulics GmbH (Germany)
- Casappa S.p.A. (Italy)
- Haight Pumps (U.S.)
- Rotary Power (U.K.)
- Dantal Hydraulics Pvt. Ltd. (India)
- ROTAN Pumpen (Germany)
- Commercial Shearing, Inc. (CSI) (U.S.)
- ARGO-HYTOS Group (Germany)
- Kracht GmbH (Germany)

The global external gear pump market is witnessing significant growth driven by the rising demand for efficient fluid handling solutions across various industries. The market segmentation by type provides valuable insights into the specific preferences of end-users, with spur gear pumps being favored for their simplicity and cost-effectiveness. Furthermore, helical gear pumps and herringbone gear pumps cater to industries that prioritize smooth flow, reduced noise levels, high efficiency, and low pulsation flow.

Material segmentation in the external gear pump market, including

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Key Insights from the Global External Gear Pump Market :

Comprehensive Market Overview: The External Gear Pump Market is growing rapidly, driven by technological advancements and evolving consumer preferences.
Industry Trends and Projections: The market is expected to grow at a CAGR of X% over the next five years, with increasing automation and digitalization.
Emerging Opportunities: New market segments, such as sustainable and eco-friendly solutions, are creating significant growth prospects.
Focus on R&D: Companies are investing heavily in R&D to innovate and improve product offerings, ensuring market leadership.
Leading Player Profiles: Major player dominate the market with strong portfolios and strategic partnerships.
Market Composition: The market is diverse, with a mix of large enterprises and emerging startups driving competition and innovation.
Revenue Growth: The market has witnessed a steady increase in revenue, primarily driven by growing demand and product diversification.
Commercial Opportunities: There are considerable opportunities for business expansion in emerging regions and through technological innovations.