Hydraulic Gear Pumps Market - Global Industry Analysis

Hydraulic Gear Pumps Market By Product Type (External Gear Pump and Internal Gear Pump), By Operating Pressure (Less Than 100 Bar, 100–300 Bar and Above 300 Bar) By Application (Transmission/Clutches, Electrohydraulic Powered Steering, Hybrid Propulsion and Lifting Application), By Distribution Channel (Original Equipment Manufacturer (OEM) and Aftermarket), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2028

Published Date: 27-Jul-2022 Category: Healthcare Report Format : PDF Pages: 266 Report Code: ZMR-5540 Status : Published

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Description

Industry Perspective:

The global hydraulic gear pumps market was worth USD 1827.4 million in 2021 and is estimated to grow to USD 2246.34 million by 2028, with a compound annual growth rate (CAGR) of approximately 3.50% over the forecast period. The report analyzes the hydraulic gear pumps market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the hydraulic gear pumps market.

Hydraulic Gear Pumps Market: Overview

Hydraulic gear pumps convert mechanical energy into hydraulic energy in a fluid. The pump moves fluid due to the spinning of the gear, which creates a vacuum at the inlet. The liquid is pushed via the gears. The mechanical energy generated by the gears' revolution raises the fluid pressure at the discharge. Hydraulic gear pumps work with a wide range of construction machinery. Hydraulic gear pumps are used to move fluids throughout a system because the mechanical clearances between the gears are so minimal. The hydraulic fluid is driven toward the discharge point as the gears revolve. Hydraulic gear pumps are commonly used in earth moving equipment, agricultural machinery, material handling equipment, and construction equipment. The construction business is expected to rise as urbanization accelerates in developing economies such as India, China, Brazil, and Argentina. Rapid residential sector expansion to satisfy the rising demand for urban living spaces, particularly in fast-growing economies, is also strengthening the construction industry, driving sales of a variety of construction equipment, including hydraulic gear pumps. Because hydraulic pumps are used to generate power in automobiles, trucks, and other vehicles, the growth of the automobile industry increases the demand for hydraulic gear pumps. Furthermore, the hydraulic gear pump market is likely to be driven by infrastructure upgrades, a rising renewable energy sector, and an increasing demand for energy-efficient solutions to meet rigorous government laws for environmental protection all over the world. However, the high cost of producing hydraulic gear pumps is likely to stifle market expansion throughout the projection period.

Global Hydraulic Gear Pumps Market

COVID-19 Impact:

The COVID-19 epidemic has forced numerous products in the hydraulic gear pump industry to stop production because of the ongoing state of emergency in important international locations. However, players in the hydraulic gear pump market can only sustain a total lockdown for a short time before they are forced to change their investment strategies. Additionally, with the availability of the COVID-19 vaccine on the market, fewer incidences of the disease are anticipated shortly. To respond to urgent problems and implement new working procedures, equipment and machinery manufacturers must concentrate on safeguarding their employees, operations, and supply networks when COVID-19 infection rates begin to drop.

Key Insights

As per the analysis shared by our research analyst, the global hydraulic gear pumps market market is estimated to grow annually at a CAGR of around 3.50% over the forecast period (2022-2028).
In terms of revenue, the global hydraulic gear pumps market market size was valued at around USD 1827.4 million in 2021 and is projected to reach USD 2246.34 million, by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
Rapid residential sector expansion to satisfy the rising demand for urban living spaces, particularly in fast-growing economies, is also strengthening the construction industry, driving sales of various construction equipment, including hydraulic gear pumps.
By product type, the external gear pump segment dominated the market by product type in 2021.
By application, the lifting application segment dominated the market in 2021.
North America dominated the Global Hydraulic Gear Pumps market in 2021.

Hydraulic Gear Pumps Market: Growth Drivers

Rising urbanization in emerging economies is likely to pave the way for global market growth

The rapid urbanization and development of significant developing nations like China and India is propelling the growth of the hydraulic pumps sector. Many nations are experiencing rapid industrialization as a result of the growing urban population. As a result, consumer demands and product availability have increased, which has had an impact on the growth of end-use sectors. The overall expansion of end-use industries has directly impacted the demand for hydraulic pumps.

Hydraulic Gear Pumps Market: Restraints

Increased automation in industries may hamper the global market growth

In recent years, factory automation has steadily gained popularity. The construction equipment business uses intelligent machines to boost industrial output and make it more economical and energy-efficient. However, due to its operational inefficiency compared to more sophisticated competitors on the market, end users are switching to alternative pump solutions like hydraulic gear pumps to meet changing customer demands worldwide. Because of this, it is anticipated that the demand for hydraulic gear pumps would be constrained as more alternative pumping technologies, such as piston pumps, are used.

Hydraulic Gear Pumps Market: Segmentation

The global hydraulic gear pumps market is segregated on the basis of product type, operating pressure, application, distribution channel, and region.

By product type, the market is bifurcated into external gear pump and internal gear pump. Among these, the external gear pump segment dominated the market in 2021. An external gear pump makes use of two identical gears that are mesh-meshed side by side. One of the gears is driven by a motor, and it then drives the other gear, which drives the idle (driven) gear. A shaft with bearings on both sides of the gear supports each gear individually. Consequently, the construction industry finds it more valuable.

Based on operating pressure, the market is divided into less than 100 bar, 100–300 bar, and above 300 bar. Among these, the 100–300 bar segment dominated the market in 2021.

Based on application, the market is divided into transmission/clutches, electrohydraulic powered steering, hybrid propulsion and lifting applications. Over the forecast period, the lifting application is expected to develop fastest.

The distribution channel bifurcates the market into aftermarket and original equipment manufacturer (OEM). Over the forecast period, the original equipment manufacturer (OEM) segment is expected to develop at the fastest rate during the forecast timeline. A company that manufactures parts and equipment that another manufacturer might sell is known as an original equipment manufacturer (OEM). Original equipment manufacturers (OEMs), sometimes known as value-added resellers, supply the parts for another company's final goods (VAR). For example, engineering technology services offers original equipment manufacturer (OEM) hydraulic gear pumps and motors for machinery used in industrial applications.

Recent Developments

In April 2020, the Gardner Denver VX Hydraulic Fracturing Pump Fluid End was a new, cost-effective, next-generation fluid end from Gardner Denver High-Pressure Solutions (VX). For use with GD-2500Q hydraulic fracturing pumps, the lightweight VX has been developed to replace the Gardner Denver SGWS fluid end, which is bigger and heavier.
In June 2019, a new submersible motor agitator with an improved propeller hub was discovered by HOMA PumpenfabrikGmbh, a manufacturer of submersible pumps, to reduce dead flow zones and prevent clogging.

Report Scope:

Report Attribute	Details
Base Year	2020
Historic Years	2016 - 2020
Forecast Years	2021 - 2028
Segments Covered	By Product Type, By Application, and By End Use
Forecast Units	Value (USD Billion), and Volume (Units)
Quantitative Units	Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered	10 companies with scope for including additional 15 companies upon request
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope	Avail customized purchase options to meet your exact research needs.

Regional Landscape

Increasing agricultural and construction activity likely to help North America dominate the global market

North America dominated the global hydraulic gear pumps market in 2021 due to increasing agricultural & construction activity and increased investment in construction. The specific activities included building infrastructure and extensively using hydraulic pumps to extract metals and minerals. Additionally, there has been a rise in demand for the shale gas production technique known as hydraulic fracturing. Supporting government actions by these governments may also draw international players to these nations, thus affecting the opportunities for the region above.

Over the forecast period, Asia Pacific regional market is expected to grow significantly in hydraulic gear pumps market because wastewater treatment has expanded significantly in countries like China, India, and Japan. The increased investments in construction projects in emerging nations, particularly those in Southeast Asia, is another factor driving the region's growth. In addition, the market for these pumps has new opportunities thanks to the rising popularity of renewable energy in various Asia-Pacific countries.

Competitive Landscape

Some of the main competitors dominating the global hydraulic gear pumps market include - Linde Hydraulics GmbH & Co. Kg, Bosch Rexroth AG, Sapricon Hydraulic Industries, Eaton Corporation Plc, Kawasaki Heavy Industries Ltd, Dynamatic Technologies Limited, Bucher Hydraulics GmbH, Parker Hannifin Corp, Marzocchi Pompe S.p.A., HYDAC, Daikin Industries Ltd., and Gemma Automotive.

Global Hydraulic Gear Pumps market is segmented as follows:

By Product Type

External Gear Pump
Internal Gear Pump

By Operating Pressure

Less Than 100 Bar
100–300 Bar
Above 300 Bar

By Application

Transmission/Clutches
Electrohydraulic Powered Steering
Hybrid Propulsion
Lifting Application

By Distribution Channel

Original Equipment Manufacturer (OEM)
Aftermarket

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa

Table Of Content

Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
  - 1.3.1 Market Research Type
  - 1.3.2 Market research methodology
Chapter 2. Executive Summary
- 2.1 Global Hydraulic Gear Pumps Market, (2022 - 2028) (USD Million)
- 2.2 Global Hydraulic Gear Pumps Market : snapshot
Chapter 3. Global Hydraulic Gear Pumps Market - Industry Analysis
- 3.1 Hydraulic Gear Pumps Market: Market Dynamics
- 3.2 Market Drivers
  - 3.2.1 Rising urbanization in emerging economies is likely to pave the way for global market growth
- 3.3 Market Restraints
  - 3.3.1. Increased automation in industries may hamper the global market growth
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
  - 3.7.1 Market attractiveness analysis By Product Type
  - 3.7.2 Market attractiveness analysis By Operating Pressure
  - 3.7.3 Market attractiveness analysis By Application
  - 3.7.4 Market attractiveness analysis By Distribution Channel
Chapter 4. Global Hydraulic Gear Pumps Market- Competitive Landscape
- 4.1 Company market share analysis
  - 4.1.1 Global Hydraulic Gear Pumps Market: company market share, 2021
- 4.2 Strategic development
  - 4.2.1 Acquisitions & mergers
  - 4.2.2 New Product launches
  - 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
  - 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
Chapter 5. Global Hydraulic Gear Pumps Market - Product Type Analysis
- 5.1 Global Hydraulic Gear Pumps Market overview: By Product Type
  - 5.1.1 Global Hydraulic Gear Pumps Market share, By Product Type, 2021 and 2028
- 5.2 External Gear Pump
  - 5.2.1 Global Hydraulic Gear Pumps Market by External Gear Pump, 2022 - 2028 (USD Million)
- 5.3 Internal Gear Pump
  - 5.3.1 Global Hydraulic Gear Pumps Market by Internal Gear Pump, 2022 - 2028 (USD Million)
Chapter 6. Global Hydraulic Gear Pumps Market - Operating Pressure Analysis
- 6.1 Global Hydraulic Gear Pumps Market overview: By Operating Pressure
  - 6.1.1 Global Hydraulic Gear Pumps Market share, By Operating Pressure, 2021 and 2028
- 6.2 Less Than 100 Bar
  - 6.2.1 Global Hydraulic Gear Pumps Market by Less Than 100 Bar, 2022 - 2028 (USD Million)
- 6.3 100–300 Bar
  - 6.3.1 Global Hydraulic Gear Pumps Market by 100–300 Bar, 2022 - 2028 (USD Million)
- 6.4 Above 300 Bar
  - 6.4.1 Global Hydraulic Gear Pumps Market by Above 300 Bar, 2022 - 2028 (USD Million)
Chapter 7. Global Hydraulic Gear Pumps Market - Application Analysis
- 7.1 Global Hydraulic Gear Pumps Market overview: By Application
  - 7.1.1 Global Hydraulic Gear Pumps Market share, By Application, 2021 and 2028
- 7.2 Transmission/Clutches
  - 7.2.1 Global Hydraulic Gear Pumps Market by Transmission/Clutches, 2022 - 2028 (USD Million)
- 7.3 Electrohydraulic Powered Steering
  - 7.3.1 Global Hydraulic Gear Pumps Market by Electrohydraulic Powered Steering, 2022 - 2028 (USD Million)
- 7.4 Hybrid Propulsion
  - 7.4.1 Global Hydraulic Gear Pumps Market by Hybrid Propulsion, 2022 - 2028 (USD Million)
- 7.5 Lifting Application
  - 7.5.1 Global Hydraulic Gear Pumps Market by Lifting Application, 2022 - 2028 (USD Million)
Chapter 8. Global Hydraulic Gear Pumps Market - Distribution Channel Analysis
- 8.1 Global Hydraulic Gear Pumps Market overview: By Distribution Channel
  - 8.1.1 Global Hydraulic Gear Pumps Market share, By Distribution Channel, 2021 and 2028
- 8.2 Original Equipment Manufacturer (OEM)
  - 8.2.1 Global Hydraulic Gear Pumps Market by Original Equipment Manufacturer (OEM), 2022 - 2028 (USD Million)
- 8.3 Aftermarket
  - 8.3.1 Global Hydraulic Gear Pumps Market by Aftermarket, 2022 - 2028 (USD Million)
Chapter 9. Hydraulic Gear Pumps Market - Regional Analysis
- 9.1 Global Hydraulic Gear Pumps Market Regional Overview
- 9.2 Global Hydraulic Gear Pumps Market Share, by Region, 2021 & 2028 (USD Million)
- 9.3. North America
  - 9.3.1 North America Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
    - 9.3.1.1 North America Hydraulic Gear Pumps Market, by Country, 2022 - 2028 (USD Million)
- 9.4 North America Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028
  - 9.4.1 North America Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028 (USD Million)
- 9.5 North America Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028
  - 9.5.1 North America Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028 (USD Million)
- 9.6 North America Hydraulic Gear Pumps Market, by Application, 2022 - 2028
  - 9.6.1 North America Hydraulic Gear Pumps Market, by Application, 2022 - 2028 (USD Million)
- 9.7 North America Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028
  - 9.7.1 North America Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028 (USD Million)
- 9.4. Europe
  - 9.4.2 Europe Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
    - 9.4.2.1 Europe Hydraulic Gear Pumps Market, by Country, 2022 - 2028 (USD Million)
- 9.4 Europe Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028
  - 9.4.1 Europe Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028 (USD Million)
- 9.5 Europe Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028
  - 9.5.1 Europe Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028 (USD Million)
- 9.6 Europe Hydraulic Gear Pumps Market, by Application, 2022 - 2028
  - 9.6.1 Europe Hydraulic Gear Pumps Market, by Application, 2022 - 2028 (USD Million)
- 9.7 Europe Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028
  - 9.7.1 Europe Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028 (USD Million)
- 9.5. Asia Pacific
  - 9.5.3 Asia Pacific Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
    - 9.5.3.1 Asia Pacific Hydraulic Gear Pumps Market, by Country, 2022 - 2028 (USD Million)
- 9.4 Asia Pacific Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028
  - 9.4.1 Asia Pacific Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028 (USD Million)
- 9.5 Asia Pacific Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028
  - 9.5.1 Asia Pacific Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028 (USD Million)
- 9.6 Asia Pacific Hydraulic Gear Pumps Market, by Application, 2022 - 2028
  - 9.6.1 Asia Pacific Hydraulic Gear Pumps Market, by Application, 2022 - 2028 (USD Million)
- 9.7 Asia Pacific Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028
  - 9.7.1 Asia Pacific Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028 (USD Million)
- 9.6. Latin America
  - 9.6.4 Latin America Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
    - 9.6.4.1 Latin America Hydraulic Gear Pumps Market, by Country, 2022 - 2028 (USD Million)
- 9.4 Latin America Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028
  - 9.4.1 Latin America Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028 (USD Million)
- 9.5 Latin America Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028
  - 9.5.1 Latin America Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028 (USD Million)
- 9.6 Latin America Hydraulic Gear Pumps Market, by Application, 2022 - 2028
  - 9.6.1 Latin America Hydraulic Gear Pumps Market, by Application, 2022 - 2028 (USD Million)
- 9.7 Latin America Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028
  - 9.7.1 Latin America Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028 (USD Million)
- 9.7. The Middle-East and Africa
  - 9.7.5 The Middle-East and Africa Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
    - 9.7.5.1 The Middle-East and Africa Hydraulic Gear Pumps Market, by Country, 2022 - 2028 (USD Million)
- 9.4 The Middle-East and Africa Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028
  - 9.4.1 The Middle-East and Africa Hydraulic Gear Pumps Market, by Product Type, 2022 - 2028 (USD Million)
- 9.5 The Middle-East and Africa Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028
  - 9.5.1 The Middle-East and Africa Hydraulic Gear Pumps Market, by Operating Pressure, 2022 - 2028 (USD Million)
- 9.6 The Middle-East and Africa Hydraulic Gear Pumps Market, by Application, 2022 - 2028
  - 9.6.1 The Middle-East and Africa Hydraulic Gear Pumps Market, by Application, 2022 - 2028 (USD Million)
- 9.7 The Middle-East and Africa Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028
  - 9.7.1 The Middle-East and Africa Hydraulic Gear Pumps Market, by Distribution Channel, 2022 - 2028 (USD Million)
Chapter 10. Company Profiles
- 10.1 Linde Hydraulics GmbH & Co. Kg
  - 10.1.1 Overview
  - 10.1.2 Financials
  - 10.1.3 Product Portfolio
  - 10.1.4 Business Strategy
  - 10.1.5 Recent Developments
- 10.2 Bosch Rexroth AG
  - 10.2.1 Overview
  - 10.2.2 Financials
  - 10.2.3 Product Portfolio
  - 10.2.4 Business Strategy
  - 10.2.5 Recent Developments
- 10.3 Sapricon Hydraulic Industries
  - 10.3.1 Overview
  - 10.3.2 Financials
  - 10.3.3 Product Portfolio
  - 10.3.4 Business Strategy
  - 10.3.5 Recent Developments
- 10.4 Eaton Corporation Plc
  - 10.4.1 Overview
  - 10.4.2 Financials
  - 10.4.3 Product Portfolio
  - 10.4.4 Business Strategy
  - 10.4.5 Recent Developments
- 10.5 Kawasaki Heavy Industries Ltd
  - 10.5.1 Overview
  - 10.5.2 Financials
  - 10.5.3 Product Portfolio
  - 10.5.4 Business Strategy
  - 10.5.5 Recent Developments
- 10.6 Dynamatic Technologies Limited
  - 10.6.1 Overview
  - 10.6.2 Financials
  - 10.6.3 Product Portfolio
  - 10.6.4 Business Strategy
  - 10.6.5 Recent Developments
- 10.7 Bucher Hydraulics GmbH
  - 10.7.1 Overview
  - 10.7.2 Financials
  - 10.7.3 Product Portfolio
  - 10.7.4 Business Strategy
  - 10.7.5 Recent Developments
- 10.8 Parker Hannifin Corp
  - 10.8.1 Overview
  - 10.8.2 Financials
  - 10.8.3 Product Portfolio
  - 10.8.4 Business Strategy
  - 10.8.5 Recent Developments
- 10.9 Marzocchi Pompe S.p.A.
  - 10.9.1 Overview
  - 10.9.2 Financials
  - 10.9.3 Product Portfolio
  - 10.9.4 Business Strategy
  - 10.9.5 Recent Developments
- 10.10 HYDAC
  - 10.10.1 Overview
  - 10.10.2 Financials
  - 10.10.3 Product Portfolio
  - 10.10.4 Business Strategy
  - 10.10.5 Recent Developments
- 10.11 Daikin Industries Ltd.
  - 10.11.1 Overview
  - 10.11.2 Financials
  - 10.11.3 Product Portfolio
  - 10.11.4 Business Strategy
  - 10.11.5 Recent Developments
- 10.12 Gemma Automotive.
  - 10.12.1 Overview
  - 10.12.2 Financials
  - 10.12.3 Product Portfolio
  - 10.12.4 Business Strategy
  - 10.12.5 Recent Developments

Table Of Figures

1. Market research Type
2. Market research methodology
3. Global Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
4. Porter’s Five Forces Analysis
5. Global Hydraulic Gear Pumps Market attractiveness, By Product Type
6. Global Hydraulic Gear Pumps Market attractiveness, By Operating Pressure
7. Global Hydraulic Gear Pumps Market attractiveness, By Application
8. Global Hydraulic Gear Pumps Market attractiveness, By Distribution Channel
9. Global Hydraulic Gear Pumps Market share by Product Type, 2022 and 2028 (USD Million)
10. Global Hydraulic Gear Pumps Market by External Gear Pump, 2022 - 2028 (USD Million)
11. Global Hydraulic Gear Pumps Market by Internal Gear Pump, 2022 - 2028 (USD Million)
12. Global Hydraulic Gear Pumps Market share by Operating Pressure, 2022 and 2028 (USD Million)
13. Global Hydraulic Gear Pumps Market by Less Than 100 Bar, 2022 - 2028 (USD Million)
14. Global Hydraulic Gear Pumps Market by 100–300 Bar, 2022 - 2028 (USD Million)
15. Global Hydraulic Gear Pumps Market by Above 300 Bar, 2022 - 2028 (USD Million)
16. Global Hydraulic Gear Pumps Market share by Application, 2022 and 2028 (USD Million)
17. Global Hydraulic Gear Pumps Market by Transmission/Clutches, 2022 - 2028 (USD Million)
18. Global Hydraulic Gear Pumps Market by Electrohydraulic Powered Steering, 2022 - 2028 (USD Million)
19. Global Hydraulic Gear Pumps Market by Hybrid Propulsion, 2022 - 2028 (USD Million)
20. Global Hydraulic Gear Pumps Market by Lifting Application, 2022 - 2028 (USD Million)
21. Global Hydraulic Gear Pumps Market share by Distribution Channel, 2022 and 2028 (USD Million)
22. Global Hydraulic Gear Pumps Market by Original Equipment Manufacturer (OEM), 2022 - 2028 (USD Million)
23. Global Hydraulic Gear Pumps Market by Aftermarket, 2022 - 2028 (USD Million)
24. Global Hydraulic Gear Pumps Market share, by Region, 2022 and 2028
25. North America Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
26. Europe Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
27. Asia Pacific Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
28. Latin America Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)
29. The Middle-East and Africa Hydraulic Gear Pumps Market, 2022 - 2028 (USD Million)

Table Of Tables

1. Global Hydraulic Gear Pumps Market: Snapshot
2. Drivers of the Hydraulic Gear Pumps Market: impact analysis
3. North America Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
4. North America Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
5. North America Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
6. North America Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
7. U.S. Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
8. U.S. Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
9. U.S. Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
10. U.S. Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
11. Canada Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
12. Canada Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
13. Canada Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
14. Canada Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
15. Europe Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
16. Europe Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
17. Europe Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
18. Europe Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
19. Germany Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
20. Germany Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
21. Germany Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
22. Germany Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
23. France Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
24. France Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
25. France Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
26. France Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
27. U.K. Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
28. U.K. Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
29. U.K. Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
30. U.K. Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
31. Italy Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
32. Italy Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
33. Italy Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
34. Italy Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
35. Spain Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
36. Spain Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
37. Spain Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
38. Spain Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
39. Rest of Europe Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
40. Rest of Europe Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
41. Rest of Europe Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
42. Rest of Europe Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
43. Asia Pacific Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
44. Asia Pacific Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
45. Asia Pacific Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
46. Asia Pacific Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
47. China Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
48. China Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
49. China Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
50. China Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
51. Japan Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
52. Japan Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
53. Japan Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
54. Japan Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
55. India Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
56. India Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
57. India Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
58. India Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
59. South Korea Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
60. South Korea Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
61. South Korea Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
62. South Korea Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
63. South-East Asia Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
64. South-East Asia Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
65. South-East Asia Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
66. South-East Asia Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
67. Rest of Asia Pacific Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
68. Rest of Asia Pacific Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
69. Rest of Asia Pacific Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
70. Rest of Asia Pacific Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
71. Latin America Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
72. Latin America Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
73. Latin America Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
74. Latin America Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
75. Brazil Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
76. Brazil Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
77. Brazil Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
78. Brazil Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
79. Mexico Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
80. Mexico Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
81. Mexico Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
82. Mexico Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
83. Rest of Latin America Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
84. Rest of Latin America Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
85. Rest of Latin America Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
86. Rest of Latin America Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
87. The Middle-East and Africa Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
88. The Middle-East and Africa Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
89. The Middle-East and Africa Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
90. The Middle-East and Africa Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
91. GCC Countries Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
92. GCC Countries Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
93. GCC Countries Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
94. GCC Countries Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
95. South Africa Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
96. South Africa Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
97. South Africa Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
98. South Africa Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)
99. Rest of Middle-East Africa Hydraulic Gear Pumps Market revenue, By Product Type, 2022 - 2028 (USD Million)
100. Rest of Middle-East Africa Hydraulic Gear Pumps Market revenue, By Operating Pressure, 2022 - 2028 (USD Million)
101. Rest of Middle-East Africa Hydraulic Gear Pumps Market revenue, By Application, 2022 - 2028 (USD Million)
102. Rest of Middle-East Africa Hydraulic Gear Pumps Market revenue, By Distribution Channel, 2022 - 2028 (USD Million)

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FrequentlyAsked Questions

Which key factors will influence Hydraulic Gear Pumps market growth over 2022-2028?

The construction business is expected to rise as urbanization accelerates in developing economies such as India, China, Brazil, and Argentina. In addition, rapid residential sector expansion to satisfy the rising demand for urban living spaces, particularly in fast-growing economies, is also strengthening the construction industry, driving sales of a variety of construction equipment, including hydraulic gear pumps.

What will be the value of the Hydraulic Gear Pumps market during 2022-2028?

According to the report, the global Hydraulic Gear Pumps market was worth 1,827.4 (USD million) in 2021 and is predicted to grow to 2,246.34 (USD million) by 2028, with a compound annual growth rate (CAGR) of around 3.50%.

Which region will contribute notably towards the Hydraulic Gear Pumps market value?

North America is expected to dominate the Hydraulic Gear Pumps Market in 2021 due to increasing global agricultural and construction activity and increased construction investment. The specific activities completed include building infrastructure and using hydraulic pumps extensively in the extraction of metals and minerals. Additionally, there has been a rise in demand for the shale gas production technique known as hydraulic fracturing.