Press release
A Deep Dive into Internal Gear Pump Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034
Internal Gear Pump Market
The growing demand in the oil and gas sector is expected to drive the internal gear pump market. The oil and gas industry, essential for energy production and distribution, is seeing growth due to increased energy demand and geopolitical factors. Internal gear pumps are vital in the oil and gas industry for transferring fluids efficiently across various processes. In December 2023, the Energy Information Administration reported an increase in U.S. oil and natural gas production in 2022. Thus, the rising demand in the oil and gas sector is contributing to the internal gear pump market's growth.
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What growth opportunities are expected to drive the internal gear pump market's CAGR through 2034?
The internal gear pump market will rise from $0.63 billion in 2024 to $0.68 billion in 2025 at a CAGR of 7.3%, supported by environmental awareness, energy sector growth, and hydraulic system adoption.
The internal gear pump market is projected to reach $0.89 billion by 2029 at a CAGR of 6.9%, fueled by industrialization, infrastructure projects, and regulatory compliance. Trends include customizable designs, digital tech integration, compact pump advancements, and material innovations.
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What are the emerging trends shaping the future of the internal gear pump market?
Prominent companies in the internal gear pump market are focusing on introducing innovations like 4-quadrant internal gear pumps to improve efficiency and gain a competitive advantage. A 4-quadrant internal gear pump is designed to operate in four distinct phases to deliver steady fluid flow, minimizing pulsations and improving efficiency. For example, in October 2024, Moog Inc., a US-based manufacturer, launched the EPU-G, a new 4-quadrant internal gear pump combined with a high-dynamic servomotor. This pump delivers flow rates from 20 to 85 l/min and pressure levels up to 345 bar, reducing complexity and maintenance requirements.
Which growth-oriented segments of the internal gear pump market are leading the industry's development?
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
Subsegments:
1) By Steel Pumps: Stainless Steel Pumps, Carbon Steel Pumps
2) By Cast Iron Pumps: Ductile Cast Iron Pumps, Gray Cast Iron Pumps
3) By Other Product Types: Aluminum Pumps, Bronze Pumps, Composite Material Pumps
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What regions are leading the charge in the internal gear pump market?
North America was the largest region in the internal gear pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the internal gear pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What companies are at the forefront of innovation in the 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 Corporation, Haight Pump, Delta PD Pumps, Pulsafeeder, Camel Precision Co. Ltd.
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What Is Covered In The Internal Gear Pump Global Market Report?
•Market Size Forecast: Examine the internal gear pump market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the internal gear pump market for a structured understanding.
•Key Players Overview: Analyze major players in the internal gear pump market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the internal gear pump market.
•Segment Contributions: Evaluate how different segments drive overall growth in the internal gear pump market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the internal gear pump market.
•Industry Challenges: Identify potential risks and obstacles affecting the internal gear pump market.
•Competitive Landscape: Review strategic developments in the internal gear pump market, including expansions, agreements, and new product launches.
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