| Product Code: ETC9966812 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw a decline in gear pumps import shipments in 2024, with top exporting countries including Germany, Japan, China, Canada, and Mexico. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained low in 2024 compared to 2023. The compound annual growth rate (CAGR) for the period 2020-2024 was -2.8%, reflecting a downward trend. Additionally, the growth rate from 2023 to 2024 experienced a significant decrease of -17.5%, indicating challenges in the market during that period. The US gear pumps import market is experiencing shifts that require close monitoring by industry players.

The United States gear pumps market is a mature and competitive industry characterized by a wide range of applications across various sectors such as oil and gas, automotive, chemicals, and food processing. Gear pumps are widely used for their reliability, efficiency, and ability to handle viscous fluids. With the growing demand for energy-efficient and high-performance pumping solutions, the market is witnessing a trend towards the development of advanced gear pump technologies. Key players in the US gear pumps market include Viking Pump, Inc., Eaton Corporation, Bosch Rexroth AG, and Parker Hannifin Corporation. Factors driving market growth include increasing industrial activities, infrastructure development, and the adoption of automation technologies. However, challenges such as intense competition and the need for continuous product innovation to meet evolving customer requirements are key considerations for market players.
The US Gear Pumps Market is experiencing growth driven by various factors such as increasing industrial automation, expanding manufacturing sector, and rising demand for efficient fluid transfer equipment. Key trends in the market include the integration of advanced technologies like IoT and automation to enhance performance and monitoring capabilities, as well as the development of energy-efficient gear pumps to meet sustainability goals. Opportunities in the market lie in the growing demand for gear pumps in industries such as automotive, oil & gas, chemical processing, and food & beverage. Additionally, the shift towards predictive maintenance solutions and the increasing adoption of Industry 4.0 practices present avenues for market expansion. Companies focusing on innovation, customization, and strategic partnerships are well-positioned to capitalize on these trends and opportunities in the US Gear Pumps Market.
In the United States Gear Pumps Market, several challenges are being faced. One major challenge is the increasing competition from alternative technologies such as screw pumps and centrifugal pumps, which offer higher efficiency and performance in certain applications. Additionally, the fluctuating raw material prices impact the manufacturing costs of gear pumps, leading to pricing pressures for manufacturers. Another challenge is the need for continuous innovation to meet evolving customer demands for more reliable, durable, and energy-efficient gear pump solutions. Moreover, stringent regulations and standards related to environmental protection and safety compliance require gear pump manufacturers to invest in research and development to ensure their products meet these requirements. Overall, navigating these challenges and staying competitive in the dynamic US gear pumps market requires strategic planning and innovation.
The United States Gear Pumps Market is primarily driven by the increasing demand for gear pumps across various industries such as automotive, oil & gas, chemical, and food & beverage. The efficiency, reliability, and versatility of gear pumps make them a preferred choice for fluid handling applications. Moreover, the growing emphasis on energy efficiency and sustainability is boosting the adoption of gear pumps, as they offer high volumetric efficiency and precise flow control. Additionally, technological advancements in gear pump designs, such as the development of seal-less gear pumps and smart pump systems, are further propelling market growth. The need for continuous maintenance and replacement of older pumps in industrial facilities is also contributing to the market expansion as companies seek to improve operational efficiency and reduce downtime.
In the United States, the Gear Pumps Market is subject to various government policies and regulations aimed at ensuring fair competition, product safety, and environmental protection. The market is governed by general trade policies set by agencies such as the Department of Commerce and the International Trade Administration. Additionally, specific regulations from bodies like the Environmental Protection Agency (EPA) and Occupational Safety and Health Administration (OSHA) impact the manufacturing, distribution, and use of gear pumps, ensuring compliance with environmental standards and worker safety. Import and export policies, tariffs, and trade agreements also influence the market dynamics for gear pumps in the US, with changes in government policies potentially affecting market participants in terms of costs, market access, and competitiveness.
The future outlook for the United States Gear Pumps Market appears to be positive, with steady growth anticipated in the coming years. Factors such as increasing demand for efficient pumping solutions across industries including automotive, oil & gas, and manufacturing, are expected to drive market expansion. Additionally, advancements in gear pump technology, such as the development of energy-efficient and durable pumps, are likely to further bolster market growth. The implementation of stringent regulations related to energy efficiency and sustainability is also expected to propel the adoption of gear pumps in various applications. Overall, the US Gear Pumps Market is poised for continued growth due to the increasing need for reliable pumping solutions across a wide range of industries.
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) Gear Pumps Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Gear Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Gear Pumps Market - Industry Life Cycle |
3.4 United States (US) Gear Pumps Market - Porter's Five Forces |
3.5 United States (US) Gear Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Gear Pumps Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 United States (US) Gear Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for gear pumps in industries such as automotive, oil gas, and chemical processing |
4.2.2 Technological advancements leading to improved efficiency and performance of gear pumps |
4.2.3 Growing focus on energy efficiency and sustainability, driving the adoption of gear pumps |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the manufacturing cost of gear pumps |
4.3.2 Intense competition from alternative pump technologies such as centrifugal pumps |
4.3.3 Regulatory challenges related to environmental standards and emissions control affecting the gear pumps market |
5 United States (US) Gear Pumps Market Trends |
6 United States (US) Gear Pumps Market, By Types |
6.1 United States (US) Gear Pumps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Gear Pumps Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 United States (US) Gear Pumps Market Revenues & Volume, By External Gear Pumps, 2021- 2031F |
6.1.4 United States (US) Gear Pumps Market Revenues & Volume, By Internal Gear Pumps, 2021- 2031F |
6.2 United States (US) Gear Pumps Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Gear Pumps Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 United States (US) Gear Pumps Market Revenues & Volume, By Chemical & Petrochemical, 2021- 2031F |
6.2.4 United States (US) Gear Pumps Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.5 United States (US) Gear Pumps Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.2.6 United States (US) Gear Pumps Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.2.7 United States (US) Gear Pumps Market Revenues & Volume, By Metal & Mining, 2021- 2031F |
7 United States (US) Gear Pumps Market Import-Export Trade Statistics |
7.1 United States (US) Gear Pumps Market Export to Major Countries |
7.2 United States (US) Gear Pumps Market Imports from Major Countries |
8 United States (US) Gear Pumps Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient gear pumps in key industries |
8.2 Number of new product innovations and patents in the gear pumps market |
8.3 Average lifespan of gear pumps and maintenance frequency |
8.4 Customer satisfaction and retention rates for gear pump manufacturers |
8.5 Utilization rate of gear pumps in critical applications and industries |
9 United States (US) Gear Pumps Market - Opportunity Assessment |
9.1 United States (US) Gear Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Gear Pumps Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 United States (US) Gear Pumps Market - Competitive Landscape |
10.1 United States (US) Gear Pumps Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Gear Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |