In 2023, Italy led European sold production of hydraulic gear pumps at 2.0309 million items, followed by Germany at 1.3307 million items. The United Kingdom and Poland produced significantly less, with 0.0865 and 0.08344 million items, respectively. France, Denmark, Portugal, Hungary, Spain, and Finland produced below 0.05 million items. Year-over-year variations showed strong growth in Denmark (40.51%) and Finland (24.29%), while Spain and Hungary saw significant declines (-41.3% and -7.45%, respectively).
Future trends to watch for in the European market for hydraulic gear pumps include advancements in sustainable manufacturing practices, increased automation in production processes, and potential fluctuations due to economic and political uncertainties. Monitoring emerging technologies and their adoption rates across different countries will be crucial for understanding market dynamics. Attention should be given to countries showing strong growth trends and those investing in manufacturing innovation.
Top countries in Sold Production of Hydraulic Gear Pumps by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,030,900 | 2023 | +6.61% | +1.1% | View data |
| 2 | 2 Germany | 1,330,700 | 2023 | +8.23% | +0.071% | View data |
| 3 | 3 United Kingdom | 86,500 | 2023 | -1.61% | -3.59% | View data |
| 4 | 4 Poland | 83,440 | 2023 | +1.41% | -0.026% | View data |
| 5 | 5 France | 42,330 | 2021 | +7.24% | -15.02% | View data |
| 6 | 6 Denmark | 8,870 | 2023 | +24.22% | +40.51% | View data |
| 7 | 7 Portugal | 8,220 | 2023 | +7.39% | +2.84% | View data |
| 8 | 8 Hungary | 2,060 | 2023 | -39.17% | -7.45% | View data |
| 9 | 9 Spain | 1,340 | 2023 | -78.05% | -41.3% | View data |
| 10 | 10 Finland | 917 | 2023 | +8.54% | +24.29% | View data |
