Market Forecast by Countries (United States, Canada), By Type (Piston , Vane), By Application (Hydraulic , IC Engine), By End Use Industry (Construction, Mining, Automotive, Agriculture, Plastic, Material Handling) And Competitive Landscape
Product Code: ETC4622507 | Publication Date: Jul 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | North America Variable Displacement Pumps Market |
Forecast period | 2025-2031 |
Market Size | USD 7.9 billion by 2031 |
CAGR | 4.5% |
Growing Sector | Oil and gas sector |
The North America Variable Displacement Pumps Market report thoroughly covers the market by countries, by type, by application, and by end use industry. North America Variable Displacement Pumps Market report provides an unbiased and detailed analysis of the ongoing North America Variable Displacement Pumps Market, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Variable Displacement Pumps Market was valued at USD 7.2 billion and is expected to reach USD 7.9 billion, growing at a CAGR of around 4.5% from 2025 to 2031. Variable displacement pumps are hydraulic pumps that have the ability to vary their output flow rate according to the system's demand. They offer a wide range of benefits, such as energy efficiency, precise control, and reduced noise levels, making them increasingly popular in various industries.
The North America variable displacement pumps market is expected to experience significant growth between the years 2025 and 2031. This can be attributed to various factors such as increasing industrialization, rising demand for energy-efficient solutions, and growing adoption of advanced technologies in the region.According to 6Wresearch, the North America Variable Displacement Pumps Market Size is expected to reach a significant CAGR of 4.5% during the forecast period 2025-2031. As concerns over environmental sustainability and rising energy costs intensify, there is an increasing demand for energy-efficient solutions. Variable displacement pumps provide a notable advantage by adjusting their output flow based on system requirements, which leads to significant reductions in energy consumption. The market for these pumps is being propelled by the development of advanced technologies, such as electronically controlled pumps, which offer more precise control and enhanced efficiency compared to traditional models. These pumps are widely used across various sectors, including automotive, construction, aerospace, and oil and gas. As these industries continue to expand, the demand for variable displacement pumps is anticipated to grow substantially.
In the North America Variable Displacement Pumps market, leading players include Eaton Corporation, renowned for its comprehensive range of hydraulic solutions and innovative pump technologies. Parker Hannifin Corporation offers advanced variable displacement pumps under brands like Denison and Parker PV/PVT series, focusing on efficiency and performance. Bosch Rexroth AG is another major player, providing high-quality variable displacement pumps such as A4VG and A10VG series known for reliability and precision. Other significant players include Kawasaki Heavy Industries with its K3V/K5V series pumps and Danfoss Power Solutions, offering efficient solutions like the PVG and MPV series, catering to diverse industrial applications.
Government regulations in the North America Variable Displacement Pumps market primarily focus on environmental standards, safety requirements, and energy efficiency. Regulatory bodies such as the Environmental Protection Agency (EPA) in the United States and similar agencies in Canada set emissions standards and guidelines for hydraulic systems used in industrial applications. These regulations aim to minimize environmental impact by controlling fluid leakage and promoting the use of eco-friendly hydraulic fluids. Safety regulations, governed by organizations like the Occupational Safety and Health Administration (OSHA), ensure that variable displacement pumps and hydraulic systems meet stringent safety standards to protect workers from hazards such as hydraulic fluid under high pressure and machinery operation risks. Moreover, energy efficiency standards, such as those promoted by programs like ENERGY STAR, encourage manufacturers to develop variable displacement pumps that optimize energy use and reduce operational costs for end-users. Compliance with these regulations is crucial for market access and maintaining industry reputation in the North America variable displacement pumps market.
The future of the North America variable displacement pumps market looks promising with several key trends emerging. Increasing adoption of advanced hydraulic systems in industries like construction, agriculture, and automotive will drive market growth. Technological advancements, including digitalization and IoT integration, will enhance pump efficiency, reliability, and predictive maintenance capabilities. Energy efficiency will remain a critical focus, with demand for pumps that reduce energy consumption and environmental impact. Regulatory requirements for emissions and safety will influence product development, encouraging innovations in materials and design. Moreover, the shift towards sustainable practices will prompt manufacturers to develop eco-friendly hydraulic solutions and promote the use of biodegradable fluids. The market's evolution will also be shaped by economic factors, technological advancements, and industry-specific demands, positioning variable displacement pumps as integral components in enhancing productivity, reducing operational costs, and meeting stringent regulatory standards across North America.
According to Ravi Bhandari, Head of Research, 6Wresearch, the United States is expected to dominate the industry due to its larger industrial base, higher demand for advanced hydraulic systems, and substantial investments in infrastructure and manufacturing sectors. This robust market presence is driven by the country's expansive industrial activities and ongoing technological advancements. On the other hand, Canada, while smaller in market size compared to the United States, is projected to experience significant growth. This growth is fueled by increased investments in sectors such as mining, oil and gas, and renewable energy, which are driving demand for variable displacement pumps. Additionally, Canada's focus on sustainable technologies and modernization of infrastructure are likely to contribute to the expansion of this market segment. Thus, while the United States will maintain a leading position, Canada will see notable growth in the variable displacement pumps market in the coming years.
In terms of type, Piston pumps are anticipated to dominate the industry due to their high efficiency, durability, and ability to handle high pressures, which makes them suitable for a wide range of applications, including industrial machinery and hydraulic systems. These characteristics contribute to their strong performance and reliability, giving them a competitive edge. On the other hand, vane pumps are expected to experience significant growth within the industry. This growth is driven by their advantages such as cost-effectiveness, simplicity, and compact design, which make them ideal for use in various applications including automotive and small machinery. As technological advancements continue to enhance their performance and expand their applications, vane pumps are likely to see increased adoption, contributing to their growth in the market.
In terms of application, The hydraulic segment is expected to dominate the industry due to its extensive use in various industrial and construction applications, where precision and efficiency are crucial. This segment benefits from the increasing adoption of advanced hydraulic systems in machinery and equipment. On the other hand, the internal combustion (IC) engine segment is poised for significant growth. This growth is driven by the rising demand for efficient fuel management and power control in automotive and power generation applications. The evolving automotive industry, with a focus on improving engine performance and emissions, is likely to propel the demand for variable displacement pumps in IC engines, thereby making this segment a key area of expansion within the market.
In terms of end use industry, the construction sector is anticipated to dominate the market, driven by the increasing demand for advanced machinery and infrastructure development projects. This is closely followed by the mining industry, where variable displacement pumps are essential for handling harsh operational conditions and high fluid flow requirements. The automotive industry is also a significant player, benefiting from technological advancements and the rising demand for high-performance vehicles. Meanwhile, the agricultural sector is expected to experience steady growth due to the need for efficient irrigation systems and machinery. The plastic industry and material handling applications are anticipated to witness moderate growth, supported by ongoing innovations and automation trends.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 North America Variable Displacement Pumps Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Variable Displacement Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 North America Variable Displacement Pumps Market - Industry Life Cycle |
3.4 North America Variable Displacement Pumps Market - Porter's Five Forces |
3.5 North America Variable Displacement Pumps Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 North America Variable Displacement Pumps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 North America Variable Displacement Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 North America Variable Displacement Pumps Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 North America Variable Displacement Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Variable Displacement Pumps Market Trends |
6 North America Variable Displacement Pumps Market, 2021 - 2031 |
6.1 North America Variable Displacement Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 North America Variable Displacement Pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3 North America Variable Displacement Pumps Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
7 United States Variable Displacement Pumps Market, 2021 - 2031 |
7.1 United States Variable Displacement Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 United States Variable Displacement Pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
7.3 United States Variable Displacement Pumps Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
8 Canada Variable Displacement Pumps Market, 2021 - 2031 |
8.1 Canada Variable Displacement Pumps Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Canada Variable Displacement Pumps Market, Revenues & Volume, By Application, 2021 - 2031 |
8.3 Canada Variable Displacement Pumps Market, Revenues & Volume, By End Use Industry, 2021 - 2031 |
9 North America Variable Displacement Pumps Market Key Performance Indicators |
10 North America Variable Displacement Pumps Market - Opportunity Assessment |
10.1 North America Variable Displacement Pumps Market Opportunity Assessment, By Countries, 2021 & 2031F |
10.2 North America Variable Displacement Pumps Market Opportunity Assessment, By Type, 2021 & 2031F |
10.3 North America Variable Displacement Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10.4 North America Variable Displacement Pumps Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
11 North America Variable Displacement Pumps Market - Competitive Landscape |
11.1 North America Variable Displacement Pumps Market Revenue Share, By Companies, 2024 |
11.2 North America Variable Displacement Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |