Hydraulic Gear Pump Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
By Product;
External Gear Pump and Internal Gear PumpBy Operating Pressure;
Less Than 100 Bar, 100–300 Bar and Above 300 BarBy Application;
Transmission & Clutches, Electrohydraulic Powered Steering, Hybrid Propulsion and Lifting ApplicationBy Distribution Channel;
Original Equipment Manufacturer (OEM) and AftermarketBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Hydraulic Gear Pump Market Overview
Hydraulic Gear Pump Market (USD Million)
Hydraulic Gear Pump Market was valued at USD 1,981.52 million in the year 2024. The size of this market is expected to increase to USD 2,509.14 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.4%.
Hydraulic Gear Pump Market
*Market size in USD million
CAGR 3.4 %
| Study Period | 2026 - 2032 |
|---|---|
| Base Year | 2025 |
| CAGR (%) | 3.4 % |
| Market Size (2025) | USD 1,981.52 Million |
| Market Size (2032) | USD 2,509.14 Million |
| Market Concentration | High |
| Report Pages | 343 |
Major Players
- Bosch Rexroth AG
- Eaton Corporation
- Parker Hannifin Corporation
- Kawasaki Heavy Industries Ltd.
- Bucher Hydraulics GmbH
- Casappa S.p.A.
- Danfoss Group
- Hydac International GmbH
- Yuken Kogyo Co., Ltd.
- Eaton Vickers
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Hydraulic Gear Pump Market
Fragmented - Highly competitive market without dominant players
Hydraulic Gear Pump Market is witnessing strong growth, driven by rising demand across industrial machinery, construction, and automotive applications. These pumps are widely used due to their compact design, cost-effectiveness, and ability to generate consistent flow at high pressures. Nearly 55% of hydraulic systems rely on gear pumps for fluid power transmission, underlining their critical role in modern equipment efficiency.
Key Drivers Accelerating Growth
The expansion of the construction and agriculture sectors significantly boosts market adoption. Increasing mechanization in farming and rising infrastructure projects have elevated gear pump integration, with around 45% of heavy-duty machinery utilizing hydraulic gear pumps. Their durability and ease of maintenance further enhance their market acceptance.
Rising Adoption in Automotive Applications
The automotive industry is increasingly integrating hydraulic gear pumps for functions like transmission systems, steering, and lubrication. Approximately 35% of automotive hydraulic systems currently deploy gear pumps, benefitting from their reliability, lightweight structure, and ability to operate in compact spaces.
Future Growth Outlook
With expanding demand in industrial automation, energy-efficient machinery, and sustainable farming practices, the hydraulic gear pump market is expected to maintain steady growth. Around 50% of upcoming industrial projects emphasize hydraulic solutions, creating opportunities for manufacturers to innovate and capture broader adoption across multiple sectors.
Hydraulic Gear Pump Market Key Takeaways
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The Hydraulic Gear Pump Market is growing steadily due to increasing demand for construction machinery, agricultural equipment, industrial automation, and material handling systems.
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Hydraulic gear pumps are widely used to generate hydraulic flow and pressure in mobile machinery, manufacturing plants, heavy equipment, and industrial hydraulic systems.
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Key types include external gear pumps and internal gear pumps, valued for their durability, compact design, low cost, and ease of maintenance.
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Growth is driven by expanding use of hydraulic power systems in sectors such as construction, mining, oil & gas, automotive, forestry, and material processing equipment.
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Asia-Pacific leads market demand due to strong industrialization and machinery production, while North America and Europe maintain steady adoption with advanced hydraulic system integration.
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Challenges include energy inefficiency compared to newer technologies, noise levels, leakage risks, and competition from electric motor-driven systems.
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Future opportunities lie in high-efficiency gear pumps, smart hydraulic systems with sensors, low-noise designs, eco-friendly hydraulic fluids, and integration with IoT-based industrial automation.
Hydraulic Gear Pump Market Recent Developments
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January 2025: Major manufacturers prioritized energy-efficient designs and integration of smart monitoring features for hydraulic gear pumps.
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October 2024: Providers launched pumps with higher pressure ratings and enhanced durability materials for use in construction and industrial automation.
Hydraulic Gear Pump Market Segment Analysis
In this report, the Hydraulic Gear Pump Market has been segmented by Product, Operating Pressure, Application, Distribution Channel and Geography.
Hydraulic Gear Pump Market, Segmentation by Product
The Hydraulic Gear Pump Market is segmented by product into External Gear Pump and Internal Gear Pump. These products are central to the development of efficient hydraulic systems used across industrial, automotive, and mobile machinery segments. External gear pumps are known for their simplicity, durability, and cost-effective performance, while internal gear pumps are valued for quieter operation and smoother flow characteristics, influencing buyer preference based on operational needs and performance expectations.
External Gear Pump
External gear pumps are widely adopted due to their robust design, ease of maintenance, and reliable performance across varying load conditions. These pumps are extensively used in industrial hydraulics, construction equipment, and mobile machinery where operational uptime and serviceability are critical to reducing total cost of ownership and maximizing equipment availability.
Internal Gear Pump
Internal gear pumps deliver consistent pressure and reduced noise profiles, making them suitable for applications demanding smooth flow and precision. Their design supports higher viscosities and enhances energy efficiency, which is essential in applications like power steering and hybrid propulsion systems where performance refinement is prioritized.
Hydraulic Gear Pump Market, Segmentation by Operating Pressure
The Hydraulic Gear Pump Market is segmented by operating pressure into Less Than 100 Bar, 100–300 Bar and Above 300 Bar. Operating pressure classification reflects the adaptability of hydraulic gear pumps to diverse system requirements, with each pressure band addressing specific power density, efficiency, and safety needs across mobile and industrial hydraulic ecosystems.
Less Than 100 Bar
Pumps with operating pressure less than 100 bar are typically deployed in light-duty hydraulic circuits, auxiliary functions, and applications where moderate power requirements predominate. Their prevalence in general machinery and basic hydraulic tooling underscores the need for cost-effective solutions with reliable performance.
100–300 Bar
The 100–300 bar segment represents the core operating pressure band where most hydraulic gear pumps deliver optimum balance between flow capacity and pressure capability. These pumps support heavy machinery, automotive steering systems, and industrial automation functions that demand consistent output and controlled pressure dynamics.
Above 300 Bar
Pumps operating above 300 bar serve high-demand applications where elevated force, rapid response, and increased power density are essential. These include specialized lifting applications, high-performance hydraulics, and mission-critical systems requiring robust pressure handling and superior reliability under rigorous conditions.
Hydraulic Gear Pump Market, Segmentation by Application
The Hydraulic Gear Pump Market is segmented by application into Transmission & Clutches, Electrohydraulic Powered Steering, Hybrid Propulsion and Lifting Application. Each application area demands specific design attributes, control precision, and integration strategies that dictate market adoption, product innovation, and collaborative engineering initiatives between OEMs and system integrators.
Transmission & Clutches
Transmission and clutch applications employ hydraulic gear pumps to manage fluid power for gear engagement, torque transfer, and controlled actuation. Their integration into automotive and heavy-duty machinery enhances shift quality, system responsiveness, and drivetrain efficiency.
Electrohydraulic Powered Steering
In electrohydraulic powered steering systems, gear pumps supply precise hydraulic flow enabling responsive steering assist, energy-efficient operation, and improved driver feedback. This application segment benefits from continuous innovation in noise reduction, control calibration, and compact design architectures for modern vehicles.
Hybrid Propulsion
Hybrid propulsion applications utilize hydraulic gear pumps as part of integrated power management frameworks that combine electric motors and internal combustion engines. These pumps support energy recuperation, assistive torque delivery, and improved fuel efficiency, aligning with global emissions-reduction goals and advanced vehicle architectures.
Lifting Application
Lifting applications, including material handling equipment and hydraulic lifts, depend on gear pumps for consistent force delivery, controlled motion, and load-bearing stability. Demand in this segment is driven by industrial automation, construction growth, and warehouse mechanization where reliability and safety are paramount.
Hydraulic Gear Pump Market, Segmentation by Distribution Channel
The Hydraulic Gear Pump Market is segmented by distribution channel into Original Equipment Manufacturer (OEM) and Aftermarket. Distribution channels shape how products reach end users, influence pricing strategies, and determine the level of post-sale support, service agreements, and customization options available to buyers across industries.
Original Equipment Manufacturer (OEM)
The OEM channel involves direct supply of hydraulic gear pumps to equipment manufacturers for integration as standard components within machinery, vehicles, and industrial systems. Strategic partnerships with OEMs help suppliers co-develop tailored solutions, ensure quality conformity, and secure long-term contracts that drive steady revenue streams.
Aftermarket
The aftermarket channel serves replacement, upgrade, and retrofit demand for hydraulic gear pumps across installed equipment bases. This channel is critical for sustaining product lifecycles, offering quick turnaround support, and providing performance-enhancing alternatives that meet evolving application requirements.
Hydraulic Gear Pump Market, Segmentation by Geography
In this report, the Hydraulic Gear Pump Market has been segmented by Geography into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
North America
North America remains a key market for hydraulic gear pumps supported by advanced manufacturing ecosystems, strong automotive production bases, and investments in oil & gas and material handling equipment where precise power density and reliable performance are prioritized.
Europe
Europe emphasizes efficiency-driven hydraulic systems, stringent emission norms, and integration of hydraulic gear pumps in automotive, industrial, and renewable energy sectors. Collaborative engineering and standardization efforts continue to reinforce technology adoption across core end-use verticals.
Asia Pacific
The Asia Pacific region is witnessing robust growth in hydraulic gear pump demand due to rapid industrialization, expanding automotive production hubs, and increased mechanization across construction, mining, and mobile equipment segments. Strong investment in infrastructure and manufacturing capacity underpins regional expansion.
Middle East & Africa
Middle East & Africa markets are shaped by rising oil & gas activity, increasing adoption of heavy machinery, and ongoing infrastructure projects. Growth is supported by regional partnerships between suppliers and industrial operators that aim to localize service support and performance optimization strategies.
Latin America
Latin America continues to develop demand for hydraulic gear pumps through expanding agriculture, material handling, and automotive sectors. Strategic aftermarket penetration and OEM collaborations help strengthen market presence and address diverse regional performance needs.
Hydraulic Gear Pump Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Global Hydraulic Gear Pump Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers:
- Industrialization and Infrastructure Development
- Increasing Automation Across Industries
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Growing Demand for Reliable Fluid Power Transmission- The growing demand for reliable fluid power transmission is a key driving force propelling the expansion of the hydraulic gear pump market. Industries worldwide, ranging from automotive to construction, rely heavily on hydraulic systems to power essential machinery and equipment. Hydraulic gear pumps play a fundamental role in these systems by efficiently transferring hydraulic fluid to drive hydraulic cylinders, motors, and other components. As industries seek to enhance productivity, efficiency, and performance, the need for dependable fluid power transmission becomes increasingly critical, driving the adoption of hydraulic gear pumps known for their reliability, durability, and consistent performance.
Moreover, the rising trend towards automation and mechanization across industries further amplifies the demand for reliable fluid power transmission solutions. Automated machinery and equipment require precise and responsive hydraulic systems to perform complex tasks with accuracy and efficiency. Hydraulic gear pumps, with their ability to deliver consistent hydraulic pressure and flow rates, meet the stringent requirements of automated systems, contributing to increased adoption across various industrial sectors. As industries continue to prioritize operational efficiency and productivity gains, the demand for hydraulic gear pumps as a reliable solution for fluid power transmission is expected to escalate further, driving market growth and innovation in the years to come.
Restraints:
- Intense Competition in the Market
- Technological Advancements and Evolving Standards
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Environmental Regulations and Sustainability Concerns- Environmental regulations and sustainability concerns are significant factors influencing the global hydraulic gear pump market. With increasing awareness of environmental issues and the need to reduce carbon footprints, industries are facing stricter regulations aimed at minimizing pollution and promoting sustainable practices. Hydraulic gear pump manufacturers are under pressure to develop eco-friendly solutions that comply with stringent emission standards and regulations. Additionally, sustainability concerns drive the adoption of energy-efficient hydraulic gear pumps that reduce energy consumption and minimize environmental impact during operation.
As governments worldwide implement measures to combat climate change, hydraulic gear pump manufacturers are compelled to innovate and invest in sustainable technologies to meet regulatory requirements and satisfy customer demand for environmentally responsible products. Furthermore, sustainability concerns extend beyond regulatory compliance to encompass broader environmental stewardship and corporate social responsibility initiatives. Companies are increasingly focused on adopting sustainable manufacturing processes, sourcing eco-friendly materials, and reducing waste throughout the product lifecycle. Hydraulic gear pump manufacturers are integrating sustainability principles into their business models, emphasizing product durability, recyclability, and energy efficiency. By addressing sustainability concerns proactively, companies can enhance their market competitiveness, build brand reputation, and meet the evolving expectations of environmentally conscious consumers and stakeholders.
Opportunities:
- Expansion of Construction and Agricultural Sectors
- Integration of Smart Technologies for Enhanced Performance
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Development of Eco-Friendly Hydraulic Gear Pumps- The development of eco-friendly hydraulic gear pumps represents a significant advancement in response to growing environmental concerns and sustainability objectives. Hydraulic gear pump manufacturers are increasingly focusing on innovation to create products that minimize environmental impact and comply with stringent regulations. These eco-friendly pumps are designed with features such as energy-efficient motors, optimized hydraulic systems, and eco-friendly materials to reduce energy consumption, emissions, and environmental footprint during operation.
Furthermore, the development of eco-friendly hydraulic gear pumps aligns with broader industry efforts to promote sustainability and corporate responsibility. Manufacturers are investing in research and development to enhance pump efficiency, reliability, and durability while reducing environmental impact. By incorporating eco-friendly design principles and materials, hydraulic gear pump manufacturers not only meet regulatory requirements but also cater to the growing demand for sustainable solutions from environmentally conscious customers and stakeholders. As sustainability continues to gain prominence in the hydraulic gear pump market, the development of eco-friendly pumps is expected to accelerate, driving innovation and shaping the future of fluid power transmission technologies.
Hydraulic Gear Pump Market Competitive Landscape Analysis
Hydraulic Gear Pump Market is becoming increasingly competitive as demand from construction, agriculture, and industrial machinery continues to expand. Leading manufacturers focus on collaboration, OEM partnerships, and selective merger strategies to enhance portfolios. Nearly 63% of the market share is concentrated among top hydraulic equipment providers, while regional firms drive innovation and growth with compact and energy-efficient gear pumps.
Market Structure and Concentration
The market demonstrates medium concentration, with about 66% dominated by established hydraulic and machinery companies. Smaller players pursue targeted strategies in low-noise, lightweight, and specialized pumps. Strong collaboration with industrial OEMs supports competitiveness, while expansion into precision-controlled and eco-friendly pumps reinforces growth across construction, material handling, and agricultural equipment markets.
Brand and Channel Strategies
Brand positioning emphasizes durability, reliability, and performance, with nearly 55% of distribution supported by OEM supply contracts and authorized distributors. Companies apply strategies to form long-term partnerships with equipment manufacturers and contractors. Marketing highlights innovation in fuel-efficient, compact designs, ensuring sustainable growth and brand recognition in competitive global machinery markets.
Innovation Drivers and Technological Advancements
Around 61% of development initiatives focus on technological advancements such as smart hydraulic integration, noise reduction, and extended service life. Manufacturers pursue innovation that enhances pump efficiency and sustainability. Strong collaboration with R&D centers fosters partnerships that drive growth in advanced hydraulic gear pumps suitable for next-generation industrial and mobile equipment applications.
Regional Momentum and Expansion
Asia-Pacific leads with nearly 45% of demand, driven by infrastructure expansion and agricultural mechanization. North America accounts for about 34% with advanced manufacturing strategies, while Europe represents 33% supported by regulatory-driven innovation in energy-efficient hydraulics. Regional collaboration and localized partnerships strengthen adoption across diverse construction, mining, and industrial machinery markets.
Future Outlook
The future outlook highlights steady growth as automation and smart hydraulics reshape machinery design. Nearly 49% of producers plan expansion into IoT-enabled and eco-friendly hydraulic gear pumps. Continued partnerships, sustained innovation, and advanced technological advancements will define competitiveness, ensuring long-term adoption of gear pumps in global industrial and mobile equipment industries.
Key players in Hydraulic Gear Pump Market include:
- Bosch Rexroth AG
- Parker Hannifin Corporation
- Eaton Corporation Plc
- Kawasaki Heavy Industries Ltd.
- Linde Hydraulics GmbH & Co. KG
- Bucher Hydraulics GmbH
- Danfoss
- HYDAC International GmbH
- Dynamatic Technologies Limited
- Permco, Inc.
- Marzocchi Pompe S.p.A.
- Gemma Automotive
- Daikin Industries, Ltd.
- KYB Corporation
- Bailey International LLC
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Operating Pressure
- Market Snapshot, By Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
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Hydraulic Gear Pump Market Forces
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Drivers, Restraints and Opportunities
- Drivers
- Industrialization and Infrastructure Development
- Increasing Automation Across Industries
- Growing Demand for Reliable Fluid Power Transmission
- Restraints
- Intense Competition in the Market
- Technological Advancements and Evolving Standards
- Environmental Regulations and Sustainability Concerns
- Opportunities
- Expansion of Construction and Agricultural Sectors
- Integration of Smart Technologies for Enhanced Performance
- Development of Eco-Friendly Hydraulic Gear Pumps
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
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- Market Segmentation
- Hydraulic Gear Pump Market, By Product, 2021 - 2031 (USD Million)
- External Gear Pump
- Internal Gear Pump
- Hydraulic Gear Pump Market, By Operating Pressure, 2021 - 2031 (USD Million)
- Less Than 100 Bar
- 100–300 Bar
- Above 300 Bar
- Hydraulic Gear Pump Market, By Application, 2021 - 2031 (USD Million)
- Transmission & Clutches
- Electrohydraulic Powered Steering
- Hybrid Propulsion
- Lifting Application
- Hydraulic Gear Pump Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Original Equipment Manufacturer (OEM)
- Aftermarket
- Hydraulic Gear Pump Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Hydraulic Gear Pump Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Bosch Rexroth AG
- Parker Hannifin Corporation
- Eaton Corporation Plc
- Kawasaki Heavy Industries Ltd.
- Linde Hydraulics GmbH & Co. KG
- Bucher Hydraulics GmbH
- Danfoss
- HYDAC International GmbH
- Dynamatic Technologies Limited
- Permco, Inc.
- Marzocchi Pompe S.p.A.
- Gemma Automotive
- Daikin Industries, Ltd.
- KYB Corporation
- Bailey International LLC
- Company Profiles
- Analyst Views
- Future Outlook of the Market

