PUBLISHER: The Business Research Company | PRODUCT CODE: 1730867
PUBLISHER: The Business Research Company | PRODUCT CODE: 1730867
A fixed displacement gear pump is a type of positive displacement pump that delivers a consistent volume of fluid with each rotation. It operates by using meshing gears to trap fluid between the gears and transfer it from the inlet to the outlet at a fixed flow rate, regardless of changes in pressure. These pumps are widely used in hydraulic, lubrication, and fuel transfer applications due to their simplicity, reliability, and efficiency.
The main types of fixed displacement gear pumps are external and internal gear pumps. An external fixed displacement gear pump uses meshing gears to move fluid at a steady volume per rotation. These pumps find applications in industries such as automotive, construction, agriculture, industrial machinery, and oil and gas. They are utilized by original equipment manufacturers (OEMs), aftermarket providers, and other industry sectors.
The fixed displacement gear pump market research report is one of a series of new reports from The Business Research Company that provides fixed displacement gear pump market statistics, including fixed displacement gear pump industry global market size, regional shares, competitors with a fixed displacement gear pump market share, detailed fixed displacement gear pump market segments, market trends and opportunities, and any further data you may need to thrive in the fixed displacement gear pump industry. This fixed displacement gear pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The fixed displacement gear pump market size has grown strongly in recent years. It will grow from $1.74 billion in 2024 to $1.84 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth during the historic period can be attributed to factors such as the rise in industrial automation, increased hydraulic applications, growth in construction machinery, a surge in agricultural equipment demand, and the expansion of the manufacturing sector.
The fixed displacement gear pump market size is expected to see strong growth in the next few years. It will grow to $2.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period is driven by increasing investments in the energy sector, rising industrial automation, expanding infrastructure investments, growth in heavy machinery applications, and the increasing importance of the oil and gas sector. Major trends for the forecast period include technological advancements, a shift towards electrification, the development of hybrid hydraulic-electric systems, AI-driven predictive maintenance, and the integration of smart fluid systems.
The increasing demand for energy efficiency is expected to drive the growth of the fixed displacement gear pump market. Energy efficiency refers to the use of less energy to perform the same task or achieve the same result, thus reducing energy consumption and waste. This demand is fueled by rising energy costs, prompting both individuals and businesses to seek ways to lower consumption and expenses. A fixed displacement gear pump improves energy efficiency by ensuring a consistent and reliable fluid flow with minimal energy loss. Its simple design reduces internal leakage and enhances volumetric efficiency, ensuring that the input energy is effectively used for fluid movement. For example, in March 2024, the Department for Energy Security and Net Zero, a UK-based government agency, reported that approximately 318,600 energy efficiency measures were installed in 2023, a 49% increase compared to 2022, primarily driven by the Energy Company Obligation (ECO) scheme. As a result, the demand for energy efficiency is contributing to the growth of the fixed displacement gear pump market.
Major companies are focusing on developing innovative products, such as eco-friendly high-pressure gear pumps, to enhance performance, meet sustainability demands, and expand their market presence. Eco-friendly high-pressure gear pumps are hydraulic pumps designed to minimize environmental impact by using sustainable materials and processes while delivering high pressure and efficiency in industrial applications. For instance, in January 2024, Shimadzu Corporation, a Japan-based company specializing in manufacturing precision instruments, medical equipment, and industrial machinery, launched the MLP2 series. This eco-friendly high-pressure gear pump is designed to replace the SGP2 series, offering a higher rated pressure of 25 MPa and a maximum surge pressure of 30 MPa. It eliminates the plating process on the cast iron body for improved durability and removes lead from the side plates, enhancing eco-friendliness without sacrificing friction resistance.
In December 2022, Dover Corporation, a US-based industrial solutions provider, acquired Witte Pumps & Technology GmbH to strengthen its precision gear pump portfolio. Witte Pumps & Technology GmbH, based in Germany, specializes in manufacturing high-quality precision gear pumps for industrial applications. This acquisition aims to enhance Dover's pump solutions portfolio and strengthen its presence in the industrial fluid handling sector.
Major players in the fixed displacement gear pump market are Daikin Industries Ltd., Eaton Corporation Plc, Parker Hannifin Corporation, Kawasaki Heavy Industries Ltd., Atos S.p.A., Danfoss A/S, Bosch Rexroth AG, Shimadzu Corporation, Hydac International GmbH, Bucher Hydraulics GmbH, Haldex AB, Hawe Hydraulik SE, Yuken Kogyo Co. Ltd., Muncie Power Products, Bailey International LLC, Tuthill Corporation, Permco Inc., Bondioli & Pavesi S.p.A., Dyna Hydraulics, LHY Powertrain.
North America was the largest region in the fixed displacement gear pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in fixed displacement gear pump report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the fixed displacement gear pump market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The fixed displacement gear pump market consists of sales of screw pumps, vane pumps, peristaltic pumps, and lobe pumps. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Fixed Displacement Gear Pump Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on fixed displacement gear pump market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for fixed displacement gear pump ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fixed displacement gear pump market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.