Press release
Internal Gear Pump Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Dover Corporation, Bosch Rexroth AG, Ingersoll Rand, Voith GmbH & Co. KGaA, HYDAC International GmbH
Internal Gear Pump Global Market Report 2024
As per the report, the internal gear pump market size has grown strongly in recent years. It will grow from $0.59 billion in 2023 to $0.63 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The internal gear pump market size is expected to see strong growth in the next few years. It will grow to $0.83 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
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What Is Driving The Growth Of The Global Internal Gear Pump Market?
The Internal Gear Pumps Meet Rising Demands In Oil & Gas Sector
The growing demand in the oil and gas sector is expected to propel the growth of the internal gear pump market going forward. The oil and gas industry is a crucial industry that includes the activities of exploring, extracting, and refining petroleum products from underground or underwater resources. The oil and gas sector is rising due to factors, such as energy demand, geopolitical tensions, and innovations. Internal gear pumps are essential in the oil and gas sector for their ability to handle diverse fluid viscosities and temperatures efficiently. Their robust performance and low maintenance needs are crucial for continuous operation in remote and challenging environments, supporting reliable fluid transfer across exploration, production, and processing operations
What Is The Key Trend In The Global Internal Gear Pump Market?
Advancements In Internal Gear Hydraulic Pumps For High Performance And Cost Efficiency
Major companies operating in the internal gear pump market are focused on developing advanced internal gear hydraulic pumps to provide cost-sensitive applications with high performance. Internal gear hydraulic pumps are designed for injection molding machines and speed-regulated stationary hydraulic systems running at up to 250 bar. This pump offers a good price/performance ratio, a long service life, minimal noise, and may be integrated into several pumps.
How Is The Global Internal Gear Pump Market Segmented?
The internal gear pump market covered in this report is segmented -
1) By Product Type: Steel Pumps, Cast Iron Pumps, Other Product Types
2) By Operating Pressure: Less Than 100 Bar, 100-300 Bar, Above 300 Bar
3) By End-Use Industry: Chemical Industry, Marine Industry, Oil And Gas Sector, Food And Beverage Companies, Other End-Use Industries
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How Is The Competitive Landscape Of The Global Internal Gear Pump Market?
Major companies operating in the internal gear pump market are Dover Corporation, Bosch Rexroth AG, Ingersoll Rand, Voith GmbH & Co. KGaA, HYDAC International GmbH, CIRCOR International Inc., SUMITOMO PRECISION PRODUCTS Co. Ltd., DESMI A/S, Viking Pump Inc., Hayward Gordon, Tuthill Corporation, IDEX India, Eckerle GmbH, Varisco, Bucher Hydraulics, Applied Pumps Limited, Daido Machinery Corpration, Haight Pump, Delta PD Pumps, Pulsafeeder, Camel Precision Co. Ltd.
Contents Of The Global Internal Gear Pump Market
1. Executive Summary
2. Internal Gear Pump Market Report Structure
3. Internal Gear Pump Market Trends And Strategies
4. Internal Gear Pump Market - Macro Economic Scenario
5. Internal Gear Pump Market Size And Growth
…..
27. Internal Gear Pump Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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