The report offers detailed coverage of Gear Pumps industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Gear Pumps by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
A gear pump uses the meshing of gears to pump fluid by displacement. They are one of the most common types of pumps for hydraulic fluid power applications.
The earthmoving, mining, and material handling segment led the market and will continue to dominate the market in the coming years. This sector includes machinery that is used extensively in capital-intensive sectors such as mining, infrastructure development, and construction activities.
In terms of geography, the Americas was the leading revenue contributing region in the global gear pump market dutring 2017 and is anticipated to continue its dominance over the next couple of years. Since the US is the major exporter of machinery and equipment, mostly all other nations are dependent on the US for equipment for almost all the sectors. The US caters to several industries including construction, farm, oil and gas, mining, material handling, engines, industrial equipment, refrigerating and heating systems, pumps, and pumping equipment for machinery manufacturing. This generates an augmented demand for spare parts including gear pumps in the region.
The report forecast global Gear Pumps market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Gear Pumps market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
At the same time, we classify Gear Pumps according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
Key Companies
Bosch Rexroth
Bailey International
Eaton
Parker Hannifin
Kawasaki Heavy Industries
Danfoss
Permco Gear Pumps
Atos
Hayward Tyler Group
Dantal Hydraulics
Roper Pump Company
Commercial Shearing
Viking Pump
Market by Order Type
Cast Iron Pumps
Aluminum Pumps
Other
Market by Application
Earthmoving, Mining, and Material Handling
Agriculture and Forestry
Construction
Automotive
Other