internal gear pump market size, internal gear pump market trends, internal gear pump market forecast, internal gear pump market growth, internal gear pump market share, internal gear pump market demand
What is the present valuation and projected CAGR of the internal gear pump market?
The internal gear pump market size has grown strongly in recent years. It will grow from $0.63 billion in 2024 to $0.68 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increasing environmental awareness, the development of the energy sector, the widespread adoption of hydraulic systems, the global expansion of the oil and gas industry and the rapid growth of the automotive industry.
The internal gear pump market size is expected to see strong growth in the next few years. It will grow to $0.89 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to rapid industrialization, increased infrastructure projects, the need for hygienic and precise pumping solutions, the focus on reducing operational costs and maintenance downtime in various industries, and stringent regulations and standards for fluid handling systems. Major trends in the forecast period include the growing trend towards offering customizable internal gear pumps, the integration of digital technologies, the need to upgrade and retrofit existing systems, the development and advancement of compact internal gear pumps, and technological advancement in materials.
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What are the top drivers to the rising demand in the internal gear pump market?
The growing demand in the oil and gas sector is expected to propel the growth of the internal gear pump market going forward. The oil and gas industry is a crucial industry that includes the activities of exploring, extracting, and refining petroleum products from underground or underwater resources. The oil and gas sector is rising due to factors, such as energy demand, geopolitical tensions, and innovations. Internal gear pumps are essential in the oil and gas sector for their ability to handle diverse fluid viscosities and temperatures efficiently. Their robust performance and low maintenance needs are crucial for continuous operation in remote and challenging environments, supporting reliable fluid transfer across exploration, production, and processing operations. For instance, in December 2023, according to the Energy Information Administration, a US-based government agency, in December 2021, U.S. oil production stood at 11.7 million barrels per day (b/d), while natural gas production (gross withdrawals) reached 120.0 billion cubic feet per day (Bcf/d). By December 2022, oil production had increased to 12.1 million b/d, and natural gas production had risen to 121.1 Bcf/d. Therefore, the growing demand in the oil and gas sector is driving the growth of the internal gear pump market.
How is the internal gear pump market segmented?
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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Who are the top competitors 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.
What significant trends should we anticipate in the internal gear pump market over the forecast period?
Major companies operating in the internal gear pump market are focused on developing innovative solutions such as 4-quadrant internal gear pump to gain a competitive edge. A 4-quadrant internal gear pump refers to a type of gear pump where the internal gears are designed to operate in four distinct phases or quadrants, providing consistent fluid flow while minimizing pulsations and improving efficiency in various industrial applications. For instance, in October 2024, Moog Inc., a US-based manufacturing company, launched EPU-G. Moog’s EPU-G features a newly designed 4-quadrant internal gear pump and a high dynamic servomotor, offering flow rates of 20 to 85 l/min and pressure levels up to 345 bar. Its variable speed, energy-efficient operation, and compact design reduce complexity and maintenance while enhancing overall machine performance.
Which regional trends are influencing the internal gear pump market, and which area dominates the industry?
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 Does The Internal Gear Pump Market Report 2025 Offer?
The internal gear pump market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An internal gear pump is a form of positive displacement pump that pumps through the meshing of internal gears. It normally comprises of two gears, one with exterior teeth (the rotor) and one with internal teeth (the idler). They are recognized for their ability to support a wide range of viscosities and being efficient under differed pressure circumstances.
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