Forecast: Nonaerospace-type Rotary and Fluid Power Pumps Sales in the US

The sales of nonaerospace-type rotary and fluid power pumps in the US in 2023 were valued at approximately 481.50 million USD. Forecasted data from 2024 to 2028 indicates a declining trend, with a year-on-year decrease averaging around 1.7%. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -1.4%, reflecting a gradual decline over this period.

Future trends to watch for include:

  • Technological advancements and innovation in energy efficiency that may affect demand.
  • Shifts in industrial and manufacturing activities impacting end-user requirements.
  • Possibility of market consolidation or expansion into new sectors boosting market dynamics.

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