| Product Code: ETC9965543 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw a decline in external gear pump import shipments in 2024, with top exporting countries being Germany, Japan, China, Canada, and Mexico. The Herfindahl-Hirschman Index (HHI) indicated low concentration in 2024 compared to 2023. The compound annual growth rate (CAGR) for the period 2020-2024 was -2.8%, with a significant decrease in growth rate from 2023 to 2024 at -17.5%. This data suggests a challenging market environment for external gear pump imports into the US, with key exporting countries experiencing fluctuations in trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) External Gear Pump Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) External Gear Pump Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) External Gear Pump Market - Industry Life Cycle |
3.4 United States (US) External Gear Pump Market - Porter's Five Forces |
3.5 United States (US) External Gear Pump Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United States (US) External Gear Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 United States (US) External Gear Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient hydraulic systems in various industries |
4.2.2 Growth in industrial manufacturing activities in the United States |
4.2.3 Technological advancements in external gear pump design and materials |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Intense competition from other types of pumps such as internal gear pumps and vane pumps |
4.3.3 Impact of economic downturns on capital expenditure in industries |
5 United States (US) External Gear Pump Market Trends |
6 United States (US) External Gear Pump Market, By Types |
6.1 United States (US) External Gear Pump Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) External Gear Pump Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 United States (US) External Gear Pump Market Revenues & Volume, By Motorless, 2021- 2031F |
6.1.4 United States (US) External Gear Pump Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 United States (US) External Gear Pump Market Revenues & Volume, By Two Shaft, 2021- 2031F |
6.2 United States (US) External Gear Pump Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 United States (US) External Gear Pump Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 United States (US) External Gear Pump Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.2.4 United States (US) External Gear Pump Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2.5 United States (US) External Gear Pump Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.6 United States (US) External Gear Pump Market Revenues & Volume, By Automotive Manufacturing, 2021- 2031F |
6.2.7 United States (US) External Gear Pump Market Revenues & Volume, By Others, 2021- 2031F |
7 United States (US) External Gear Pump Market Import-Export Trade Statistics |
7.1 United States (US) External Gear Pump Market Export to Major Countries |
7.2 United States (US) External Gear Pump Market Imports from Major Countries |
8 United States (US) External Gear Pump Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient hydraulic systems in industries |
8.2 Number of new applications integrating external gear pumps |
8.3 Rate of technological innovations in external gear pump design |
8.4 Maintenance and service contracts for external gear pumps |
8.5 Efficiency improvement metrics related to the use of external gear pumps |
9 United States (US) External Gear Pump Market - Opportunity Assessment |
9.1 United States (US) External Gear Pump Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United States (US) External Gear Pump Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 United States (US) External Gear Pump Market - Competitive Landscape |
10.1 United States (US) External Gear Pump Market Revenue Share, By Companies, 2024 |
10.2 United States (US) External Gear Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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