Gear Pump Market Outlook Accelerating at 4.9% CAGR Through 2031

New York, US – Gear Pump is a positive displacement pump that uses two meshing gears—typically external spur or helical types to trap fixed volumes of fluid between gear teeth and the pump housing, delivering steady, pulseless flow ideal for viscous liquids in industrial, hydraulic, and medical applications. In DVT preventive contexts like intermittent pneumatic compression (IPC) devices, gear pumps act as compact air compressors, generating precise cyclic pressure (30-50 mmHg) to inflate leg sleeves sequentially and boost venous return by 200-400%.

Market Growth Analysis

The gear pump market is projected to reach US$ 15.4 billion by 2031 from US$ 11.22 billion in 2024, registering a CAGR of 4.9% during the forecast period of 2025–2031. Rising demand for energy-efficient fluid transfer solutions and growth across industrial sectors are driving this expansion. Increasing industrial automation, infrastructure development, and technological innovations in pump design further support market growth.

Gear Pump Market Overview

A gear pump is a positive displacement pump that moves fluids through interlocking gears. Unlike centrifugal pumps, which rely on impellers to generate flow, gear pumps trap fluids between rotating gear teeth and the pump casing, ensuring a consistent and precise flow rate.

Types of gear pumps include:

• Internal Gear Pumps
• External Gear Pumps

Gear pumps are widely used in industries such as chemical and petrochemical, oil and gas, automotive, industrial machinery, food and beverage, water treatment, and aerospace due to their reliability and ability to handle a range of fluid viscosities.

Key features of gear pumps:

• High-pressure operation suitable for industrial tasks
• Efficient handling of low and high viscosity fluids
• Durable design minimizing wear and maintenance
• Compact and energy-efficient operation

Check valuable insights in the Gear Pump Market report. You can easily get a sample PDF of the report - https://www.theinsightpartners.com/sample/TIPRE00014732/

Market Drivers

The growth of the gear pump market is supported by multiple factors:

• Rising demand for energy-efficient solutions: Industries are seeking pumps that provide reliable performance while reducing energy consumption.
• Growth in the oil and gas sector: Increasing exploration and production activities globally drive demand for high-performance gear pumps.
• Technological advancements: Innovations in high-pressure gear pumps, compact designs, and digital monitoring improve efficiency and reliability.
• Industrial applications: Gear pumps are critical in chemical processing, material handling, and automotive manufacturing for precise fluid transfer.

Market Segmentation

The market is segmented by type, pressure range, and industry:

By Type:

• Internal Gear Pump
• External Gear Pump (largest share in 2024)

By Pressure Range:

• Up to 100 Bar
• 100–300 Bar (largest share in 2024)
• Above 300 Bar

By Industry:

• Industrial and Material Handling Machines (largest share in 2024)
• Chemical and Petrochemical
• Oil and Gas
• Automotive
• Food and Beverage
• Water Treatment
• Aerospace
• Others

Get the Premium Research Report on Gear Pump Market Size and Growth by 2031 at: https://www.theinsightpartners.com/buy/TIPRE00014732

Regional Insights

North America: Growth driven by the automotive and natural gas sectors, including electric vehicle expansion and rising industrial activities.

Europe: Strong oil and gas industry, growing chemical sector, and investments in water and wastewater treatment support market growth.

Asia Pacific: Expected to record the highest CAGR due to rapid industrialization, booming automotive market, and rising energy infrastructure investments.

Middle East & Africa: Expansion in oil and gas exploration and industrial projects fuels market growth.

South & Central America: Emerging infrastructure projects and increasing industrial activities contribute to steady adoption.

Key Players

• Jihostroj a.s.
• Bosch Rexroth AG
• Danfoss AS
• Bucher Hydraulics GmbH
• Parker Hannifin Corp
• Kawasaki Heavy Industries Ltd
• CASAPPA S.p.A.
• Bailey International LLC
• HYDAC International GmbH
• Eaton Corp Plc

 Recent Developments:

• Shimadzu Corporation launched the MLP2 Series, a high-pressure, environmentally-friendly gear pump with enhanced durability.
• Marzocchi Pompe S.p.A expanded its Italian production facility to meet growing demand.

Market Opportunities

• Increased adoption of energy-efficient pumps in industrial applications
• Expansion in emerging markets like Asia Pacific and the Middle East
• Technological innovations in high-pressure and digital monitoring gear pumps

Market Forecast and Future Outlook

The gear pump market is expected to grow steadily, driven by energy efficiency requirements, industrial expansion, and continuous technological advancements. With a projected CAGR of 4.9% and a market size reaching US$ 15.4 billion by 2031, manufacturers focusing on innovation, regional expansion, and sustainable solutions are well-positioned to capitalize on growth opportunities.

Trending Related Reports

Print-On-Demand Market            

Nephrostomy Devices Market

Gear Pump Market         

Facial Recognition Market            

Abaca Pulp Market          

Supply Chain Management Market          

Cooling Towers Market                 

Visitor Management System Market        

About The Insight Partners

The Insight Partners is a global leader in market research, delivering comprehensive analysis and actionable insights across diverse industries. The company empowers decision-makers with data-driven intelligence to navigate evolving markets and accelerate growth.

Contact Us:

• Contact Person: Ankit Mathur
• E-mail: ankit.mathur@theinsightpartners.com
• Phone: +1-646-491-9876

Also Available in :

Korean | German | Japanese | French | Chinese | Italian | Spanish