Product Code: TIPRE00042060
The external gear pump market size was valued at US$8.3 billion in 2024 and is expected to reach US$11.3 billion by 2031; it is estimated to record a CAGR of 4.8% from 2025 to 2031.
The external gear pump market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2024, followed by Europe and North America and, respectively.
The 100 to 300 bar pressure range represents medium-pressure applications, frequently utilized in industrial hydraulics, chemical processing, and certain high-performance fluid transport systems. This segment demands more robust engineering to withstand increased mechanical stresses, with materials and components specifically selected for durability and corrosion resistance. Pumps, valves, and piping systems in this range must comply with stringent safety standards due to the higher energy content, which increases the risk of equipment failure if mismanaged. Operationally, this pressure range enables more powerful and precise machinery, supporting advanced manufacturing, injection molding, and pressurized chemical processes. Maintenance and monitoring become more critical, requiring trained personnel to ensure system integrity and prevent leakage or rupture. The 100-300 bar segment strikes a balance between performance and complexity, providing higher efficiency and functionality without the extreme technical challenges and costs associated with ultra-high-pressure systems.
External gear pump market future trend: Increasingly, pump manufacturers and end-users are embedding IoT sensors, real-time monitoring systems, and predictive maintenance capabilities into gear-pump designs. This shift allows pumps to communicate operational parameters such as pressure, flow, temperature, vibration, and more - enabling real-time diagnostics, early anomaly detection, and condition-based maintenance, rather than relying on fixed timetable servicing. External gear pumps become "smart pumps," delivering more than fluid movement: they offer ongoing data about equipment health and performance. This trend delivers tangible benefits - reduced unplanned downtime, lower maintenance costs, and extended equipment lifespan.
The ability to perform remote monitoring and diagnostic checks is valuable for distributed installations, difficult-to-access sites, or large-scale industrial installations where manual supervision would be costly or impractical. In recent years, there have been launches of external gear pump series equipped with digital monitoring interfaces, designed for seamless integration into automated industrial systems and smart factory setups. This trend indicates that what was once a fringe enhancement - adding sensors and smart monitoring - is becoming a standard expectation in pump procurement, especially in sectors with high-demand fluid handling (e.g., chemicals, oil & gas, manufacturing, water treatment).
Bosch Rexroth AG; Danfoss AS; Bucher Hydraulics GmbH; Parker Hannifin Corporation; Kawasaki Heavy Industries Ltd; CASAPPA S.p.A; Bailey International LLC; HYDAC International GmbH; Viking Pump, Inc.; Gorman-Rupp Pumps. are among the key players profiled during this market study. Several other essential market players were also studied and analyzed to get a holistic view of the global external gear pump market and its ecosystem.
The overall external gear pump market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the external gear pump market size. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the external gear pump market.
Table Of Contents
1. Executive Summary
- 1.1 Analyst Market Outlook
- 1.2 Market Attractiveness
2. External Gear Pump Market Landscape
- 2.1 Overview
- 2.2 Value Chain Analysis
- 2.2.1 Raw Material Suppliers:
- 2.2.2 Gear Pump Manufacturers:
- 2.2.3 End Users:
- 2.3 Supply Chain Analysis
- 2.3.1 List of Manufacturers/Suppliers
- 2.3.2 List of Potential Customers (Upto 50)
- 2.4 Porter's Five Force Analysis
- 2.5 PEST Analysis
- 2.6 Impact of Artificial Intelligence (AI)
- 2.7 Product or Technology Roadmap
- 2.8 Sustainability and ESG Trends
- 2.9 Patent Analysis
- 2.10 Regulatory Framework
3. Competitive Landscape
- 3.1 Company Benchmarking by Key Players
- 3.2 Market Share Analysis, 2024 - By Key Players
- 3.3 Market Concentration
4. External Gear Pump Market - Key Industry Dynamics
- 4.1 Market Drivers
- 4.1.1 Surging Demand From Diverse Industrial Applications
- 4.1.2 Rising Demand for Energy-Efficient Solutions
- 4.1.3 Increasing Adoption of Automation, Process Control
- 4.2 Market Restraints
- 4.2.1 Operational Limitations Associated with Temperature and Viscosity Values
- 4.2.2 High manufacturing and initial investment costs
- 4.2.3 Technical Limitations With Certain Types Of Fluids And Operating Conditions
- 4.3 Market Opportunities
- 4.3.1 Expansion of Water & Wastewater Treatment / Environmental Infrastructure
- 4.3.2 Growth in Food, Beverage & Pharmaceutical Processing
- 4.3.3 Adoption in Renewable Energy, Biofuels, and Alternative?Fluid Systems
- 4.4 Future Trends
- 4.4.1 Surge in Materials Innovation & Fluid Compatibility
- 4.4.2 IoT, Smart Monitoring & Predictive Maintenance As Standard
- 4.4.3 Shift Toward Compact, Modular & Versatile Pump Systems
- 4.5 Impact of Drivers and Restraints
5. External Gear Pump Market - Global Market Analysis
- 5.1 External Gear Pump Market Revenue (US$ Million), 2021-2031
- 5.2 External Gear Pump Market Forecast and Analysis
6. External Gear Pump Market Revenue Analysis -Type
- 6.1 External Gear Pump Market Forecasts and Analysis by Type
- 6.1.1 Upto 100 Bar
- 6.1.1.1 Overview
- 6.1.1.2 Upto 100 Bar: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 6.1.2 100 to 300 Bar
- 6.1.2.1 Overview
- 6.1.2.2 100 to 300 Bar: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 6.1.3 Above 300 Bar
- 6.1.3.1 Overview
- 6.1.3.2 Above 300 Bar: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
7. External Gear Pump Market Revenue Analysis -Industry
- 7.1 External Gear Pump Market Forecasts and Analysis by Industry
- 7.1.1 Food and Beverage
- 7.1.1.1 Overview
- 7.1.1.2 Food and Beverage: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.2 Industrial and Material Handling Machines
- 7.1.2.1 Overview
- 7.1.2.2 Industrial and Material Handling Machines: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.3 Chemical and Petrochemical
- 7.1.3.1 Overview
- 7.1.3.2 Chemical and Petrochemical: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.4 Oil and Gas
- 7.1.4.1 Overview
- 7.1.4.2 Oil and Gas: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.5 Automotive
- 7.1.5.1 Overview
- 7.1.5.2 Automotive: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.6 Water Treatment Industry
- 7.1.6.1 Overview
- 7.1.6.2 Water Treatment Industry: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.7 Aerospace
- 7.1.7.1 Overview
- 7.1.7.2 Aerospace: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
- 7.1.8 Others
- 7.1.8.1 Overview
- 7.1.8.2 Others: External Gear Pump Market -Revenue, 2021-2031 (US$ Million)
8. External Gear Pump Market - Geographical Analysis
- 8.1 North America
- 8.1.1 North America External Gear Pump Market Overview
- 8.1.2 North America: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.1.3 North America: External Gear Pump Market- By Segmentation
- 8.1.3.1 Type
- 8.1.3.2 Industry
- 8.1.4 North America: External Gear Pump Market Breakdown by Countries
- 8.1.4.1 United States Market
- 8.1.4.1.1 United States: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.1.4.1.2 United States: External Gear Pump Market- By Segmentation
- 8.1.4.1.2.1 Type
- 8.1.4.1.2.2 Industry
- 8.1.4.2 Canada Market
- 8.1.4.2.1 Canada: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.1.4.2.2 Canada: External Gear Pump Market- By Segmentation
- 8.1.4.2.2.1 Type
- 8.1.4.2.2.2 Industry
- 8.1.4.3 Mexico Market
- 8.1.4.3.1 Mexico: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.1.4.3.2 Mexico: External Gear Pump Market- By Segmentation
- 8.1.4.3.2.1 Type
- 8.1.4.3.2.2 Industry
- 8.2 Europe
- 8.2.1 Europe External Gear Pump Market Overview
- 8.2.2 Europe: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.3 Europe: External Gear Pump Market- By Segmentation
- 8.2.3.1 Type
- 8.2.3.2 Industry
- 8.2.4 Europe: External Gear Pump Market Breakdown by Countries
- 8.2.4.1 Germany Market
- 8.2.4.1.1 Germany: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.4.1.2 Germany: External Gear Pump Market- By Segmentation
- 8.2.4.1.2.1 Type
- 8.2.4.1.2.2 Industry
- 8.2.4.2 France Market
- 8.2.4.2.1 France: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.4.2.2 France: External Gear Pump Market- By Segmentation
- 8.2.4.2.2.1 Type
- 8.2.4.2.2.2 Industry
- 8.2.4.3 Italy Market
- 8.2.4.3.1 Italy: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.4.3.2 Italy: External Gear Pump Market- By Segmentation
- 8.2.4.3.2.1 Type
- 8.2.4.3.2.2 Industry
- 8.2.4.4 United Kingdom Market
- 8.2.4.4.1 United Kingdom: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.4.4.2 United Kingdom: External Gear Pump Market- By Segmentation
- 8.2.4.4.2.1 Type
- 8.2.4.4.2.2 Industry
- 8.2.4.5 Russia Market
- 8.2.4.5.1 Russia: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.4.5.2 Russia: External Gear Pump Market- By Segmentation
- 8.2.4.5.2.1 Type
- 8.2.4.5.2.2 Industry
- 8.2.4.6 Rest of Europe Market
- 8.2.4.6.1 Rest of Europe: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.2.4.6.2 Rest of Europe: External Gear Pump Market- By Segmentation
- 8.2.4.6.2.1 Type
- 8.2.4.6.2.2 Industry
- 8.3 Asia Pacific
- 8.3.1 Asia Pacific External Gear Pump Market Overview
- 8.3.2 Asia Pacific: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.3 Asia Pacific: External Gear Pump Market- By Segmentation
- 8.3.3.1 Type
- 8.3.3.2 Industry
- 8.3.4 Asia Pacific: External Gear Pump Market Breakdown by Countries
- 8.3.4.1 Australia Market
- 8.3.4.1.1 Australia: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.4.1.2 Australia: External Gear Pump Market- By Segmentation
- 8.3.4.1.2.1 Type
- 8.3.4.1.2.2 Industry
- 8.3.4.2 China Market
- 8.3.4.2.1 China: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.4.2.2 China: External Gear Pump Market- By Segmentation
- 8.3.4.2.2.1 Type
- 8.3.4.2.2.2 Industry
- 8.3.4.3 India Market
- 8.3.4.3.1 India: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.4.3.2 India: External Gear Pump Market- By Segmentation
- 8.3.4.3.2.1 Type
- 8.3.4.3.2.2 Industry
- 8.3.4.4 Japan Market
- 8.3.4.4.1 Japan: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.4.4.2 Japan: External Gear Pump Market- By Segmentation
- 8.3.4.4.2.1 Type
- 8.3.4.4.2.2 Industry
- 8.3.4.5 South Korea Market
- 8.3.4.5.1 South Korea: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.4.5.2 South Korea: External Gear Pump Market- By Segmentation
- 8.3.4.5.2.1 Type
- 8.3.4.5.2.2 Industry
- 8.3.4.6 Rest of APAC Market
- 8.3.4.6.1 Rest of APAC: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.3.4.6.2 Rest of APAC: External Gear Pump Market- By Segmentation
- 8.3.4.6.2.1 Type
- 8.3.4.6.2.2 Industry
- 8.4 Middle East and Africa
- 8.4.1 Middle East and Africa External Gear Pump Market Overview
- 8.4.2 Middle East and Africa: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.4.3 Middle East and Africa: External Gear Pump Market- By Segmentation
- 8.4.3.1 Type
- 8.4.3.2 Industry
- 8.4.4 Middle East and Africa: External Gear Pump Market Breakdown by Countries
- 8.4.4.1 South Africa Market
- 8.4.4.1.1 South Africa: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.4.4.1.2 South Africa: External Gear Pump Market- By Segmentation
- 8.4.4.1.2.1 Type
- 8.4.4.1.2.2 Industry
- 8.4.4.2 Saudi Arabia Market
- 8.4.4.2.1 Saudi Arabia: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.4.4.2.2 Saudi Arabia: External Gear Pump Market- By Segmentation
- 8.4.4.2.2.1 Type
- 8.4.4.2.2.2 Industry
- 8.4.4.3 United Arab Emirates Market
- 8.4.4.3.1 United Arab Emirates: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.4.4.3.2 United Arab Emirates: External Gear Pump Market- By Segmentation
- 8.4.4.3.2.1 Type
- 8.4.4.3.2.2 Industry
- 8.4.4.4 Rest of Middle East and Africa Market
- 8.4.4.4.1 Rest of Middle East and Africa: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.4.4.4.2 Rest of Middle East and Africa: External Gear Pump Market- By Segmentation
- 8.4.4.4.2.1 Type
- 8.4.4.4.2.2 Industry
- 8.5 South and Central America
- 8.5.1 South and Central America External Gear Pump Market Overview
- 8.5.2 South and Central America: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.5.3 South and Central America: External Gear Pump Market- By Segmentation
- 8.5.3.1 Type
- 8.5.3.2 Industry
- 8.5.4 South and Central America: External Gear Pump Market Breakdown by Countries
- 8.5.4.1 Brazil Market
- 8.5.4.1.1 Brazil: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.5.4.1.2 Brazil: External Gear Pump Market- By Segmentation
- 8.5.4.1.2.1 Type
- 8.5.4.1.2.2 Industry
- 8.5.4.2 Argentina Market
- 8.5.4.2.1 Argentina: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.5.4.2.2 Argentina: External Gear Pump Market- By Segmentation
- 8.5.4.2.2.1 Type
- 8.5.4.2.2.2 Industry
- 8.5.4.3 Rest of South and Central America Market
- 8.5.4.3.1 Rest of South and Central America: External Gear Pump Market Revenue and Forecasts, 2021-2031 (US$ Million)
- 8.5.4.3.2 Rest of South and Central America: External Gear Pump Market- By Segmentation
- 8.5.4.3.2.1 Type
- 8.5.4.3.2.2 Industry
9. External Gear Pump Market Industry Landscape
10. External Gear Pump Market - Key Company Profiles
- 10.1 Bosch Rexroth AG
- 10.1.1 Key Facts
- 10.1.2 Business Description
- 10.1.3 Products and Services
- 10.1.4 Financial Overview
- 10.1.5 SWOT Analysis
- 10.1.6 Key Developments
- 10.2 Danfoss AS
- 10.2.1 Key Facts
- 10.2.2 Business Description
- 10.2.3 Products and Services
- 10.2.4 Financial Overview
- 10.2.5 SWOT Analysis
- 10.2.6 Key Developments
- 10.3 Bucher Hydraulics GmbH
- 10.3.1 Key Facts
- 10.3.2 Business Description
- 10.3.3 Products and Services
- 10.3.4 Financial Overview
- 10.3.5 SWOT Analysis
- 10.3.6 Key Developments
- 10.4 Parker Hannifin Corporation
- 10.4.1 Key Facts
- 10.4.2 Business Description
- 10.4.3 Products and Services
- 10.4.4 Financial Overview
- 10.4.5 SWOT Analysis
- 10.4.6 Key Developments
- 10.5 Kawasaki Heavy Industries Ltd
- 10.5.1 Key Facts
- 10.5.2 Business Description
- 10.5.3 Products and Services
- 10.5.4 Financial Overview
- 10.5.5 SWOT Analysis
- 10.5.6 Key Developments
- 10.6 CASAPPA S.p.A
- 10.6.1 Key Facts
- 10.6.2 Business Description
- 10.6.3 Products and Services
- 10.6.4 Financial Overview
- 10.6.5 SWOT Analysis
- 10.6.6 Key Developments
- 10.7 Bailey International LLC
- 10.7.1 Key Facts
- 10.7.2 Business Description
- 10.7.3 Products and Services
- 10.7.4 Financial Overview
- 10.7.5 SWOT Analysis
- 10.7.6 Key Developments
- 10.8 HYDAC International GmbH
- 10.8.1 Key Facts
- 10.8.2 Business Description
- 10.8.3 Products and Services
- 10.8.4 Financial Overview
- 10.8.5 SWOT Analysis
- 10.8.6 Key Developments
- 10.9 Viking Pump, Inc.
- 10.9.1 Key Facts
- 10.9.2 Business Description
- 10.9.3 Products and Services
- 10.9.4 Financial Overview
- 10.9.5 SWOT Analysis
- 10.9.6 Key Developments
- 10.10 Gorman-Rupp Pumps
- 10.10.1 Key Facts
- 10.10.2 Business Description
- 10.10.3 Products and Services
- 10.10.4 Financial Overview
- 10.10.5 SWOT Analysis
- 10.10.6 Key Developments
11. List of Additional Companies Analyzed
- 11.1 List of Additional Companies Analyzed
12. Appendix
- 12.1 Glossary
- 12.2 Research Methodology and Approach
- 12.2.1 Secondary Research
- 12.2.2 Primary Research
- 12.2.3 Market Estimation Approach
- 12.2.3.1 Supply Side Analysis
- 12.2.3.2 Demand Side Analysis
- 12.2.4 Research Assumptions and Limitations
- 12.2.5 Currency Conversion
- 12.3 About The Insight Partners
- 12.4 Market Intelligence Cloud