The Positive Displacement Rotary Gear Pumps market in Sweden exhibited a significant decline in volume from 65.4 in 2013 to 9.64 thousand units in 2023. Notably, the most drastic decreases occurred in 2019 and 2020, with declines of 41.62% and 52.82% year-on-year, respectively. Although a brief surge in demand was seen in 2022 with a 91.95% increase, the market contracted again by 35.59% in 2023. The five-year compounded annual growth rate (CAGR) from 2019 to 2023 was -22%, cementing a long-term trend of decline.
Future trends indicate potential stabilization with emerging opportunities for recovery driven by innovations in industrial processes and energy-efficient solutions, though challenges tied to economic uncertainties and technological shifts remain noteworthy.
