Hydraulic Vane Pump Market Report 2024 (Global Edition)

Global Hydraulic Vane Pump Market Report 2024 Market Size Split by Product Type (Piston Pumps, Gear Pumps, Vane Pumps, Others), by Operation (Hydraulic, Electro-Hydraulic), by End Use (Oil & Gas, Chem...

Hydraulic Vane Pump Market Report Description

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Hydraulic Vane Pump Market Insights Video

Competitive Landscape of the Hydraulic Vane Pump Market

The competitive landscape of the Hydraulic Vane Pump Market is characterized by the presence of several key players, including Bosch Rexroth AG, Parker Hannifin Corporation, and Eaton Corporation. These companies focus on innovation, product development, and strategic partnerships to enhance their market position. Additionally, firms are investing in research and development to improve pump efficiency and durability. The market's competitiveness is further driven by the growing demand for advanced hydraulic solutions across various industries, prompting companies to expand their product offerings.

In December 2021, Parker Hannifin Corporation has been chosen by the U.S. Air Force to provide its AP15V engine-driven pump (EDP) for the hydraulic system of the B-52H Stratofortress. This pump, often referred to as the World Pump, is designed to enhance the aircraft's hydraulic system performance well into the 2050s. Notably, the AP15V EDP is 10% lighter and offers the best horsepower-to-weight ratio in its class. (Source: https://www.parker.com/us/en/about-parker/newsroom/news-release-details/parker-aerospace-engine-driven-pump.html) In August 2021, Danfoss has finalized the acquisition of Eaton's hydraulics division after receiving all required regulatory approvals and meeting closing conditions. This strategic move is intended to increase the Danfoss Group's size by one-third and position it as a prominent player in the global mobile and industrial hydraulics market. (Source: https://www.danfoss.com/en-in/about-danfoss/news/cf/eaton-hydraulics-acquisition-finalized/) In May 2021, Bosch Rexroth has introduced the Hagglunds Atom hydraulic motor, known for its speed and power density. This motor delivers higher revolutions per minute and increased power compared to similar-sized motors. It is particularly suited for applications in mobile, marine, and recycling sectors. (Source: https://fluidpowerjournal.com/bosch-rexroth-launches-hagglunds-atom-hydraulic-motor/)

Top Companies Market Share in Hydraulic Vane Pump Industry: (In no particular order of Rank)

• Bosch Rexroth AG
• Parker Hannifin Corporation
• Eaton Corporation
• Danfoss Group
• Hydac International
• Kawasaki Heavy Industries
• Axiom Hydraulics
• Nachi-Fujikoshi Corp.
• Hawe Hydraulik SE
• Yuken Kogyo Co.
• Ltd.
• Sun Hydraulics Corporation
• Stauff Corporation
• Oilgear Company
• Trelleborg Group
• Linde Hydraulics GmbH & Co. KG
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Hydraulic Vane Pump Market

Which Region Dominates the Hydraulic Vane Pump Market in 2024?

According to Cognitive Market Research, North America currently dominates the Hydraulic Vane Pump market, and the region is expected to have significant growth during the projected period. This is due to the region's robust industrial infrastructure and high demand for hydraulic systems across various sectors, including manufacturing, construction, and agriculture. The presence of leading hydraulic equipment manufacturers and continuous advancements in technology further enhance market growth. Additionally, government initiatives supporting infrastructure development and investments in renewable energy projects contribute to the increasing adoption of hydraulic vane pumps in the region.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is experiencing the fastest CAGR in the Hydraulic Vane Pump Market due to rapid industrialization and urbanization across countries like China and India. Increased investments in infrastructure development, coupled with a growing manufacturing sector, drive the demand for hydraulic systems. Additionally, the region's expanding automotive and construction industries are boosting the need for efficient hydraulic solutions. Moreover, government initiatives promoting energy efficiency and sustainable practices further support the growth of hydraulic vane pumps in this region.

The current report Scope analyzes Hydraulic Vane Pump Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Hydraulic Vane Pump

According to Cognitive Market Research, the global Hydraulic Vane Pump market size was estimated at USD 11654.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 4661.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Hydraulic Vane Pump market with a market size of USD 3678.16 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. The U.S. market's increasing demand from key industries such as construction, automotive, and agriculture is driving the Hydraulic Vane Pump market.
• The Canada Hydraulic Vane Pump market had a market share of USD 559.42 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada’s investment in renewable energy is driving the Hydraulic Vane Pump market.
• The Mexico Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 424.22 million in 2024.

Europe Hydraulic Vane Pump

According to Cognitive Market Research, the global Hydraulic Vane Pump market size was estimated at USD 11654.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 3496.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• The United Kingdom Hydraulic Vane Pump market had a market share of USD 587.39 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Hydraulic Vane Pump sales witness an upswing due to a rise in manufacturing and construction activities, alongside a shift towards automation and efficiency.
• The France Hydraulic Vane Pump market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 321.66 million in 2024.
• According to Cognitive Market Research, the German Hydraulic Vane Pump market size was valued at USD 692.28 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, Hydraulic Vane Pump surged due to presence of major market players.
• The Italy Hydraulic Vane Pump market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 300.69 million in 2024.
• The Russia Hydraulic Vane Pump market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 541.93 million in 2024.
• The Spain Hydraulic Vane Pump market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 286.70 million in 2024
• The Luxembourg Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 108.39 million in 2024.
• The Portugal Hydraulic Vane Pump market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 73.42 million in 2024.
• The Greece Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 41.96 million in 2024.
• The Rest of Europe's Hydraulic Vane Pump market is projected to witness growth at a CAGR of 1.7% during the forecast period, with a market size of USD 541.93 million in 2024.

Asia Pacific Hydraulic Vane Pump

According to Cognitive Market Research, the global Hydraulic Vane Pump market size was estimated at USD 11654.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 2690.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Hydraulic Vane Pump market size was valued at USD 1206.24 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Hydraulic Vane Pump surged in China due to rapid industrialization and urbanization.
• The Japan Hydraulic Vane Pump market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 369.91 million in 2024.
• The India Hydraulic Vane Pump market had a market share of USD 321.66 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India's environmentally friendly hydraulic solutions is driving the Hydraulic Vane Pump market.
• The South Korean Hydraulic Vane Pump market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 268.05 million in 2024.
• The Australian Hydraulic Vane Pump market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 139.39 million in 2024.
• The South East Asia Hydraulic Vane Pump market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 184.96 million in 2024.
• The Rest of Asia Pacific Hydraulic Vane Pump market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 190.32 million in 2024.

South America Hydraulic Vane Pump

According to Cognitive Market Research, the global Hydraulic Vane Pump market size was estimated at USD 11654.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 582.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Hydraulic Vane Pump market size was valued at USD 249.41 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Hydraulic Vane Pump flourished in Brazil due to increasing investments in infrastructure development and mining activities.
• Argentina's Hydraulic Vane Pump market had a market share of USD 97.90 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina's focus on enhancing industrial capabilities is driving the Hydraulic Vane Pump market.
• Colombia Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 51.86 million in 2024.
• Peru Hydraulic Vane Pump market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 47.78 million in 2024.
• Chile Hydraulic Vane Pump market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 41.96 million in 2024.
• The Rest of Latin America's Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 93.82 million in 2024.

Middle East and Africa Hydraulic Vane Pump

According to Cognitive Market Research, the global Hydraulic Vane Pump market size was estimated at USD 11654.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 233.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031..

• The GCC Countries Hydraulic Vane Pump market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 99.76 million in 2024. Hydraulic Vane Pump sales flourish due to the presence of major market players.
• The Egypt Hydraulic Vane Pump market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 24.47 million in 2024.
• The South Africa Hydraulic Vane Pump market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 36.83 million in 2024. Hydraulic Vane Pump sales flourished in South Africa due to rapid industrialization and infrastructure development initiatives.
• The Turkey Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 20.05 million in 2024.
• The Nigeria Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 24.47 million in 2024.
• The Rest of the MEA Hydraulic Vane Pump market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 27.50 million in 2024.

Hydraulic Vane Pump Market Analysis

Hydraulic Vane Pump Market Product Type Segment Analysis

According to Cognitive Market Research, Piston Pumps are likely to dominate the Hydraulic Vane Pump Market over the forecast period. Piston pumps captured the largest market share in the Hydraulic Vane Pump Market due to their high efficiency and reliability in various applications. They offer superior pressure handling capabilities and are ideal for heavy-duty tasks in industries such as construction, agriculture, and manufacturing. Piston pumps also provide better performance in challenging environments, making them preferred for demanding operations. Additionally, their versatility in design and functionality allows them to cater to a wide range of hydraulic systems, further solidifying their market dominance.

Gear pumps are experiencing the highest CAGR in the Hydraulic Vane Pump Market due to their compact design, simplicity, and reliability in fluid transfer applications. They are increasingly favored for their ability to handle various fluids, including viscous liquids, with consistent flow rates. Additionally, advancements in gear pump technology have improved their efficiency and reduced maintenance requirements, making them more attractive for industrial applications. The rising demand for cost-effective and efficient hydraulic solutions further fuels the growth of gear pumps in the market.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Hydraulic Vane Pump Industry. Request a Free Sample PDF!

Hydraulic Vane Pump Market Operation Segment Analysis

According to Cognitive Market Research, the Hydraulic segment holds the largest share of the market. Hydraulic operation captured the largest market share in the Hydraulic Vane Pump Market due to its versatility and efficiency in various applications, including construction, manufacturing, and automotive industries. Hydraulic systems provide high power-to-weight ratios, enabling effective force transmission while maintaining compact sizes. The reliability and performance of hydraulic systems make them essential for heavy machinery and equipment. Additionally, the increasing focus on automation and advanced machinery further drives the demand for hydraulic operations, solidifying their dominance in the market.

Electro-hydraulic operation is growing at the highest CAGR in the Hydraulic Vane Pump Market due to its enhanced efficiency, precision, and automation capabilities. This technology allows for better control of hydraulic systems, reducing energy consumption and operational costs. The increasing demand for automated solutions in various industries, such as manufacturing, aerospace, and automotive, is driving this growth. Furthermore, advancements in electronic controls and sensors are improving system performance and reliability, making electro-hydraulic systems increasingly attractive to manufacturers.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Hydraulic Vane Pump End Use Segment Analysis

Hydraulic Vane Pump Market End Use Segment Analysis

According to Cognitive Market Research, The Oil & Gas segment holds the largest market share. Oil & Gas end use captured the largest market share in the Hydraulic Vane Pump Market due to the sector's high demand for reliable and efficient pumping solutions. Hydraulic vane pumps are essential for various applications in oil extraction, refining, and transportation, where they handle viscous fluids and provide consistent performance under high pressure. The growing investments in exploration and production activities, coupled with the need for upgraded infrastructure, are driving the adoption of hydraulic vane pumps in this industry.

The Chemical & Petrochemical end use is experiencing the highest CAGR in the Hydraulic Vane Pump Market due to the increasing demand for efficient fluid handling and processing in these industries. As production capacities expand, the need for reliable pumping solutions that can manage various corrosive and viscous chemicals has risen. Additionally, stringent safety and environmental regulations are driving investments in advanced pumping technologies. This sector's growth is further fueled by innovations in pump design, enhancing operational efficiency and reducing downtime.

• Oil & Gas
• Chemical & Petrochemical
• Water & Wastewater
• Construction
• Metals & Mining
• Material Handling
• Agriculture

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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