Why is China Hydraulic Gear Pump Market Projected to Grow in Coming Years?
The China Hydraulic Gear Pump Market is growing as demand for hydraulic systems increases across various industries, including automotive, construction, and agriculture. Hydraulic gear pumps are integral to fluid power systems, providing reliable and efficient performance. With China’s expanding manufacturing and automotive sectors, the demand for high-performance hydraulic pumps is on the rise. The country’s industrial growth, coupled with increasing infrastructure projects, is driving the market for hydraulic gear pumps. As Mexican industries continue to adopt automation and advanced machinery, the hydraulic gear pump market is poised for continued expansion.
Hydraulic Gear Pump Market Size was valued at USD 9.2 Billion in 2023 and the industry is projected to grow from USD 9.56 Billion in 2024 to USD 12.6 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.50% during the forecast period (2024–2032). Rising need for energy-efficient solutions, as well as increased use of construction equipment for tasks such as excavation, earthmoving, and material handling, are the key market drivers enhancing the market growth.
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Reasons for the market growth of China Hydraulic Gear Pump Market in 2025 and coming years:
1. The hydraulic gear pump market is expected to witness consistent growth due to its widespread application in construction, agriculture, and industrial machinery.
2. These pumps are valued for their reliability, durability, and high efficiency in transferring hydraulic fluids.
3. Growing investments in infrastructure development and automation are boosting demand for hydraulic systems. Moreover, advancements in pump design, including compact and energy-efficient models, are attracting industry adoption.
4. The rising use of hydraulic gear pumps in renewable energy sectors like wind turbines further supports market expansion.
5. As industries prioritize efficiency and performance, hydraulic gear pumps remain integral to various heavy-duty applications.
Fluids are pumped throughout a system by hydraulic gear pumps, which rely on the gear meshing because the mechanical clearances between the gears are so small. The hydraulic fluid is pumped forward toward the discharge point as the gears turn. Earth moving equipment, material handling equipment, agricultural machinery, and construction equipment are the main applications for hydraulic gear pumps.
The hydraulic gear pump is primarily divided into internal and exterior gear pumps, and it is used in a variety of applications, including transmissions and clutches, electrohydraulic-powered steering, and hybrid propulsion. The hydraulic gear pump offers precise temperature stabilisation, increased fuel efficiency, and noise reduction when compared to conventional mechanical pumps.
The hydraulic gear pump addresses the growing demand for energy-efficient pumping solutions because it consumes less energy. Thus, over the projected period, the demand for hydraulic gear pumps is anticipated to be driven by the escalating environmental concerns. However, it is anticipated that during the forecast period, the high cost of hydraulic gear pump assembly will limit demand for hydraulic gear pumps.
Regional Analysis :
Geographically, there are four divisions of the global hydraulic gear pump market: North America, Europe, Asia-Pacific, and the Rest of the World. Throughout the forecast period, Europe is anticipated to hold the largest market share due to the region's expanding construction and agricultural sectors as well as rising construction spending in a number of nations. For instance, the US Census Bureau reports that spending on construction increased in the US from USD 788 billion in 2011 to USD 1231 billion in 2017.
Furthermore, a sizeable market share is predicted to belong to during the forecast period. The strong demand for heavy-duty vehicles and the presence of key market players like Linde Hydraulics GmbH & Co. Kg, Bosch Rexroth AG, Eaton Corporation Plc, Bucher Hydraulics GmbH, HYDAC, and Marzocchi Pompe S.p.A. are anticipated to propel the growth of the market.
Market Segmentation :
The market for hydraulic gear pumps is divided into several regions, distribution channels, product types, operating pressures, and vehicle types. The market has been divided into three categories based on vehicle type: material handling vehicles, heavy-duty vehicles, and light-duty vehicles. The market has been divided into external gear pumps and internal gear pumps based on the kind of product.
The market has been divided into three categories based on operating pressure: less than 100 bar, 100 to 300 bar, and above 300 bar. The market has been divided into transmission/clutches, electrohydraulic powered steering, hybrid propulsion, and lifting application on the basis of application. The market has been divided into two categories: original equipment manufacturer (OEM) and aftermarket.
Key Players :
The prominent players in the global hydraulic gear pump market include Linde Hydraulics GmbH & Co. Kg (SOUTH AFRICA), Bosch Rexroth AG (SOUTH AFRICA), Eaton Corporation Plc (Republic of Ireland), Sapricon Hydraulic Industries(India), and Gemma Automotive (Turkey). Marzocchi Pompe S.p.A. (Italy), Daikin Industries, Ltd. (Japan), Kawasaki Heavy Industries, Ltd(Japan), Bucher Hydraulics GmbH (Switzerland), Parker Hannifin Corp (US), Dynamatic Technologies Limited (India), and HYDAC (SOUTH AFRICA) are among others.
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