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Internal Gear Pump Advanced Packaging Technologies Market Report Provides Insights Into Market Evolution And Growth Prospects
Internal Gear Pump Market
Projected Growth and Market Size of the Internal Gear Pump Industry
The internal gear pump market is forecasted to achieve a market value of $0.89 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.7%. This growth trajectory is largely influenced by factors such as the expansion of process automation, increasing emphasis on energy efficiency, rising demand for hygienic pumps, growth in specialty chemical production, and the modernization of industrial equipment. Key trends supporting this expansion include a heightened need for handling high-viscosity fluids, greater adoption within chemical processing plants, increased use in food and beverage applications, focus on energy-saving pump technologies, and customized pump solutions tailored to industrial requirements.
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Top Companies Leading the Internal Gear Pump Market
Several prominent players dominate the internal gear pump industry, including 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, and Camel Precision Co. Ltd.
Strategic Acquisition to Strengthen Capabilities
In December 2023, Atlas Copco Group, a Sweden-headquartered provider of industrial equipment, expanded its portfolio by acquiring KRACHT GmbH, a Germany-based manufacturer specializing in external gear pumps and fluid handling systems. This acquisition, for an undisclosed sum, aims to enhance Atlas Copco's offerings in positive displacement pump technologies, enabling the company to better serve markets such as chemical, petrochemical, and manufacturing industries. The move also deepens Atlas Copco's technical expertise in complex fluid handling solutions.
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Emerging Trends Driving Innovation in Internal Gear Pumps
Market leaders are increasingly focusing on advanced technologies to differentiate their products and improve performance. One notable development is the introduction of 4-quadrant internal gear pumps, which operate across four distinct phases to ensure consistent fluid flow, reduce pulsations, and boost efficiency in various industrial applications.
A notable example occurred in October 2024 when Moog Inc., a US-based manufacturer, launched the EPU-G pump. This innovative product combines a newly engineered 4-quadrant internal gear design with a high dynamic servomotor, delivering flow rates between 20 and 85 liters per minute and pressure capabilities up to 345 bar. Its variable speed operation not only enhances energy efficiency but also simplifies maintenance and reduces the overall system complexity, leading to improved machine performance.
Key Segments Fueling Growth in the Internal Gear Pump Market
The internal gear pump market is categorized into several key segments:
1) By Product Type: Steel Pumps, Cast Iron Pumps, and Other Product Types
2) By Operating Pressure: Less Than 100 Bar, 100 to 300 Bar, and Above 300 Bar
3) By End-Use Industry: Chemical Industry, Marine Industry, Oil and Gas Sector, Food and Beverage Companies, and Other Sectors
Further breakdown includes subtypes such as Stainless Steel Pumps and Carbon Steel Pumps under Steel Pumps; Ductile Cast Iron Pumps and Gray Cast Iron Pumps under Cast Iron Pumps; and Aluminum Pumps, Bronze Pumps, and Composite Material Pumps under Other Product Types. These distinctions provide a detailed understanding of the market's structure and the specific areas contributing most to overall growth.
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• Company scoring matrix graphics and tables
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• Market hotspots infographics
• Key technologies and future trend analysis
• Updated graphics and tables
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