Global Vane Pump Market, Product Type (Heavy Duty, Light Duty, Unbalanced, Balanced, Flexible, Others), End Use (Aviation, Oil & Gas, Automotive, Food & Beverage, Others) - Industry Trends and Forecast to 2031.
Vane Pump Market Analysis and Size
Vane pumps have experienced a substantial demand from various end-user verticals. The operations in these verticals are extremely susceptible to corrosion due to constant exposure to harsh environments, emphasizing the need for vane pumps to comply with various industrial regulations. Moreover, Vane pumps are trusted across industries for fluid handling and positive displacement. Industries such as automobile and aviation drives the vane pump market growth. With the increasing use of vane pumps in the automobile and aerospace industries, the vane pump market is also moving forward.
Data Bridge Market Research analyzes that the global vane pump market was valued at USD 2.47 billion in 2023 and is expected to reach USD 4.29 billion by 2031, registering a CAGR of 5.6% during the forecast period of 2024-2031. The “heavy-duty” segment continues to dominate the market, reflecting a growing preference for robust and high-performance pumping solutions. Industry trends indicate an increasing demand for durability and efficiency, driving the popularity of heavy-duty vane pumps in various applications. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Report Scope and Market Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2024 to 2031 |
|
Base Year |
2023 |
|
Historic Years |
2022 (Customizable to 2016-2021) |
|
Quantitative Units |
Revenue in USD Billion , Volumes in Units, Pricing in USD |
|
Segments Covered |
Product Type (Heavy Duty, Light Duty, Unbalanced, Balanced, Flexible, Others), End Use (Aviation, Oil & Gas, Automotive, Food & Beverage, Others) |
|
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa |
|
Market Players Covered |
Eaton Corporation plc (Ireland), Parker Hannifin Corporation (U.S.), Bosch Rexroth AG (Germany), Danfoss A/S (Denmark), Moog Inc. (U.S.), Kawasaki Heavy Industries Ltd. (Japan), Eaton Fluid Power Ltd. (U.S.), Atos Spa (Italy), Permo Inc. (U.S.), Bucher Hydraulics GmbH (Germany) |
|
Market Opportunities |
|
Market Definition
A Vane Pump is a type of positive displacement pump that uses vanes or blades to move fluid through the pump. It operates on the principle of creating a fixed displacement within a cylindrical rotor, typically housed within an eccentric cam or ring. As the rotor turns, the vanes slide in and out, creating chambers that alternately fill with and expel fluid. Vane pumps are known for their simplicity, reliability, and ability to handle a variety of liquids, making them suitable for applications such as hydraulic systems, fuel transfer, and lubrication.
Global Vane Pump Market Dynamics
Drivers
- Automation to Drives the Adoption of Vane Pumps
The market is experiencing a significant upswing propelled by the accelerating trend toward automation in various industries. Vane pumps, known for their reliability and controllability, have emerged as key components in automated machinery and systems. Their ability to deliver consistent performance, coupled with advancements in automation technology, positions vane pumps as essential components in applications ranging from manufacturing and packaging to automotive and beyond. The surge in automation-driven demand underscores the pivotal role that vane pumps play in supporting the evolution of modern industrial processes, driving their widespread adoption in the market.
- Growth in Industries such as Automobile and Aviation
As automobile and aviation sectors continue to thrive, there is a heightened need for efficient and reliable fluid handling solutions, and vane pumps have emerged as integral components in this regard. In the automotive industry, vane pumps play a critical role in powering hydraulic systems for applications such as power steering, transmission, and braking systems. The increasing demands for precision, performance, and durability in these dynamic industries are driving the sustained growth of the vane pump market.
Opportunities
- Growing Usage of Vane Pumps for Low-Viscosity Fluids and High-Viscosity Fluids
Vane pumps play a crucial role in diverse industrial applications, particularly in the efficient handling of fluids with varying viscosities. In the realm of low-viscosity fluids, vane pumps excel in providing consistent and reliable fluid transfer, making them indispensable in applications such as fuel delivery and certain chemical processes. This adaptability has propelled vane pumps to prominence in the market, as industries increasingly seek versatile pumping solutions capable of accommodating a wide range of fluid viscosities.
Restraint/Challenge
- Numerous Alternatives to Vane Pumps
The vane pump market faces challenges due to the proliferation of numerous alternatives in the fluid handling technology landscape. As industries evolve, diverse pumping solutions have emerged, offering alternatives to vane pumps. The challenge for the vane pump market lies in differentiating and showcasing the unique benefits it provides amidst this array of alternatives, this challenges and maintains a competitive edge in a dynamic industrial landscape where multiple fluid handling options exist.
This vane pump market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the vane pump market contact Data Bridge Market Research for an Analyst Brief, Our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In August 2023, Edwards Vacuum made a rotary vane vacuum addition to the E2S series, with the machine aiming to ease the operational requirements in industries
- In May 2023, the DVS Model Series from Atlas Copco was enriched with a dry rotary vane vacuum pump
- In November 2022, Pfeiffer Vacuum launched a vane pump aimed at the environmental and food analytics sector, called the SmartVane pump
Global Vane Pump Market Scope
The vane pump market is segmented on the basis of product type and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Heavy Duty
- Light Duty
- Unbalanced
- Balanced
- Flexible
- Others
End Use
- Aviation
- Oil & Gas
- Automotive
- Food & Beverage
- Others
Global Vane Pump Market Regional Analysis/Insights
The vane pump market is analyzed and market size insights and trends are provided by country, product type and end-use as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Belgium, Lithuania, Austria, Ireland, Norway, Poland, Italy, Spain, Russia, Turkey, Netherlands, Switzerland, rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, rest of Asia-Pacific, Brazil, Argentina, rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel and rest of Middle East and Africa.
North Aemrica is expected to dominate the market due to its advanced manufacturing capabilities, robust infrastructure, and a strong emphasis on industrial automation, fostering a conducive environment for the growth of vane pump technologies.
Asia-Pacific is expected to witness highest growth during the forecast period due to rapid industrialization, increased infrastructure development, and a surge in manufacturing activities. The region's expanding economies, coupled with rising demand for efficient hydraulic systems, contribute to its accelerated adoption of Vane Pump technologies
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Vane Pump Market Share Analysis
The vane pump market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the vane pump market.
Some of the major players operating in the vane pump market are:
- Eaton Corporation plc (Ireland)
- Parker Hannifin Corporation (U.S.)
- Bosch Rexroth AG (Germany)
- Danfoss A/S (Denmark)
- Moog Inc. (U.S.)
- Kawasaki Heavy Industries Ltd. (Japan)
- Eaton Fluid Power Ltd. (U.S.)
- Atos Spa (Italy)
- Permo Inc. (U.S.)
- Bucher Hydraulics GmbH (Germany)
SKU-
