Press release
Fixed Displacement Gear Pump Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
Fixed Displacement Gear Pump
How Large Will the Fixed Displacement Gear Pump Market Size By 2025?
The market for fixed displacement gear pumps has witnessed consistent growth over the past few years. An increase from $1.74 billion in 2024 to $1.82 billion in 2025 with a compound annual growth rate (CAGR) of 4.2% is expected. Factors such as the advent of industrial automation, advancement in hydraulic applications, development in construction machinery, the augmenting demand for agricultural equipment, and the proliferation of the manufacturing sector contributed to the growth noted in the previous period.
How Big Is the Fixed Displacement Gear Pump Market Size Expected to Grow by 2029?
In the forthcoming years, the market size of the fixed displacement gear pump is predicted to experience consistent expansion. It's anticipated to reach $2.2 billion in 2029, with a compound annual growth rate (CAGR) of 5.0%. Factors contributing to the growth in this forecast period include increasing investments in the energy sector, the rise of industrial automation, escalated funding into infrastructure, widening applications of heavy machinery, and the growth of the oil and gas sector. The forecast period is expected to see several key trends including technological innovations, the move towards electrification, hybridized hydraulic-electric systems, AI-based predictive maintenance, and the integration of smart fluid systems.
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Which Key Market Drivers Powering Fixed Displacement Gear Pump Market Expansion and Growth?
The surge in the need for energy efficiency is regarded to fuel the expansion of the fixed displacement gear pump market. Energy efficiency is defined as the process of performing the same task with less energy, minimizing both energy usage and wastage. The growing energy costs have resulted in individuals and businesses seeking methods to cut down consumption and costs. Fixed displacement gear pumps contribute to energy efficiency by delivering a steady and dependable fluid flow with minimal energy wastage. With its basic design, it minimizes internal leakage and boosts volumetric efficiency, assuring that the majority of input energy is efficiently utilized for fluid transport. As an instance, the Department for Energy Security and Net Zero, a government agency based in UK, stated in March 2024 that about 318,600 energy efficiency measures were implemented in 2023, marking a surge of 49% from 2022. The increase was largely due to the Energy Company Obligation (ECO) scheme. Therefore, the escalating requirement for energy efficiency is facilitating the expansion of the fixed displacement gear pump market.
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Which Emerging Trends Are Transforming the Fixed Displacement Gear Pump Market in 2025?
Leading businesses in the fixed displacement gear pump market are concentrating on creating significant products such as environmentally-friendly high-pressure gear pumps. Their attention is to augment performance, satisfy sustainability requirements, and broaden their market presence. These eco-friendly high-pressure gear pumps are hydraulic pumps made to reduce environmental damage through the use of sustainable materials and methods while providing high pressure and efficiency in industrial settings. For example, Shimadzu Corporation, a Japanese industry leader in manufacturing precision instruments, medical equipment, and industrial machinery, launched the MLP2 series in January 2024. This environmentally-friendly high-pressure gear pump, serving as a replacement for the SGP2 series, raises the rated pressure to 25 MPa and the maximum surge pressure to 30 MPa. It also enhances durability by eliminating the plating process on the cast iron body and increases environmental friendliness by removing lead from side plates, all without compromising on friction resistance.
What Are the Emerging Segments in the Fixed Displacement Gear Pump Market?
The fixed displacement gear pumpmarket covered in this report is segmented -
1) By Type: External Gear Pump, Internal Gear Pump
2) By Application: Automotive, Construction, Agriculture, Industrial Machinery, Oil And Gas, Other Applications
3) By End-User: Original Equipment Manufacturers, Aftermarket
Subsegments:
1) By External Gear Pump: Single Gear Pump, Double Gear Pump
2) By Internal Gear Pump: Helical Gear Pump, Spur Gear Pump
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Who Are the Global Leaders in the Fixed Displacement Gear Pump Market?
Major companies operating in the fixed displacement gear pump market are Daikin Industries Ltd., Eaton Corporation Plc, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Atos S.p.A., Danfoss A/S, Bosch Rexroth AG, Shimadzu Corporation, Hydac International GmbH, Bucher Hydraulics GmbH, Haldex AB, Hawe Hydraulik SE, Yuken Kogyo Co. Ltd., Muncie Power Products, Bailey International LLC, Tuthill Corporation, Permco Inc., Bondioli & Pavesi S.p.A., Dyna Hydraulics, LHY Powertrain
Which are the Top Profitable Regional Markets for the Fixed Displacement Gear Pump Industry?
North America was the largest region in the fixed displacement gear pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fixed displacement gear pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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