Vane Pump Market

Vane Pump Market Overview for (2024 to 2034)

The vane pump market is estimated to be USD 2,442.4 million in 2024. In 2023, the market size was USD 2,311.1 million. The market is expected to progress at a CAGR of 5.6% from 2024 to 2034. By 2034, the vane pump market is anticipated to be valued at USD 4,292.1 million.

Global Vane Pump Market Trends

• As positive displacement pumps have become important in various industries, vane pumps are also experiencing increasing adoption.
• Vane pumps are widely employed due to their compact size. The demand for easy-to-handle machinery is increasing in the industrial space.
• Industrial players are focusing on the development of fluid-handling solutions due to the increasing utilization of hydraulic systems in various processes. Vane pumps are trusted across industries for fluid handling and positive displacement.
• The growth of industries like 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.
• There are numerous alternatives to vane pumps, such as gear pumps and piston pumps, available in the market. Thus, the presence of alternatives restricts the vane pump market growth.

Attributes	Details
Vane Pump Market Size, 2024	USD 2,442.4 million
Projected Market Value, 2034	USD 4,292.1 million
Value-based CAGR (2024 to 2034)	5.6%

Historical Performance of the Vane Pump Market

The vane pump market valuation was USD 1,844.5 million in 2019. During the historical period from 2019 to 2023, the market grew at a CAGR of 5.8%.

The adoption of vane pumps in industries continued to accelerate during the historical period. As positive displacement found more of a place in industries, vane pumps had a positive outlook. The growth of the automobile and aerospace industries over the historical period also contributed to the growth of the market. The market value reached USD 2,311.1 million by 2023.

Market Valuation (2019)	USD 1,844.5 million
Historical CAGR (2019 to 2023)	5.8%
Historical Market Valuation (2023)	USD 2,311.1 million

Long-term Analysis of the Vane Pump Market

For 2024, the value of the vane pump market is estimated at USD 2,442.4 million. During the period from 2024 to 2034, the market is expected to progress at a CAGR of 5.6%.

The easy-to-handle and easy-to-operate features of vane pumps make the machine viable for several industrial processes. With positive displacement equipment’s popularity set to continue over the forecast period, vane pumps are also set to find greater industrial use. The rise of industrialization is expected to positively affect the vane pump market.

However, the presence of numerous alternatives like gear pumps and piston pumps are set to restrict the pace of progress in the market. The market is projected to reach USD 4,292.1 million by the end of the forecast period.

Vane Pump Market Trends

• Vane pumps are endearing end-users due to the low noise generated by the machines. Pumps are considered the part of machinery that generates noise and makes working conditions worse. However, vane pumps have low noise and are thus preferred by end-users in industries.
• Automation is a primary concern among industrialists, which drives the adoption of vane pumps.
• While vane pumps are easy to operate, the machines are also associated with high costs. The cost of operating and maintaining the pumps is expected to limit the growth of the market.
• Besides traditional industries where vane pumps operate, such as automobile and aviation, newer industries are also requiring vane pumps. The advancements in industrial units with renewable energy needs have led to the rising demand for fluid-handling solutions like vane pumps.
• Vane pumps are considered advanced technologies in fuel handling. Manufacturers are integrating smart features into the machine, such as leak detection technology and pairing with other machines, to boost product sales.
• Vane pumps are preferred for fluids with low viscosity. The structure and make of vane pumps have made the machines reliable for handling low-viscosity fluids.
• While vane pumps have proved worthy in handling low-viscosity fluids, high-viscosity fluids are generally out of the purview of these pumps. Thus, alternative positive displacement pumps are sought for various industrial applications, restricting market growth.

Category-wise Outlook

Ease of Operating and Installation Makes Heavy Duty Vane Pumps Popular

Industrialists are inclined toward the heavy duty subset when it comes to vane pumps. In 2024, heavy duty vane pumps are estimated to hold 32.0% of the market share by product type.

Ease of handling regarding heavy duty vane pumps starts from the installment itself. The machine is easy to install, and when working, it provides operational ease to end-users too. Thus, heavy duty vane pumps are popular in the market.

Attributes	Details
Top Product Type	Heavy Duty
Market Share in 2024	32.0%

Soaring Demand for Vane Pumps from the Aviation Industry

Vane pumps are widely employed in the aviation industry. For 2024, the aviation segment is anticipated to hold 24.0% of the market share by end-use industry.

Vane pumps have numerous applications in planes. Vane pumps are used in braking systems for all kinds of planes. As the size of the plane gets bigger, the hydraulic system required also increases. Thus, bigger planes have a bigger need for vane pumps. Therefore, the aviation industry is representing a significant end-user base for vane pumps.

Attributes	Details
Top End-use Industry	Aviation
Market Share in 2024	24.0%

Country-Wise Analysis

Rising industrialization in Asia Pacific, especially in China and India, is propelling the demand for vane pumps. As a result, Asia Pacific represents significant opportunities for market players.

Europe is another region with potential for market growth. Europe drives the global market demand due to the wide acceptance of hydraulic systems in the region.

Countries	CAGR (2024 to 2034)
United States	5.2%
Australia	5.3%
United Kingdom	5.2%
India	6.3%
China	6.1%

Government Initiatives Fueling Market Growth in India

India is anticipated to be one of the fastest-growing countries in the market. The CAGR for the market in India is marked at a promising 6.3% from 2024 to 2034.

Government initiatives have broadened the scope of industrialization in India. For example, the ‘Make in India’ initiative has helped industries to grow in the country. Market players such as HHV Pumps have taken advantage of the initiative to expand facilities. Thus, the market is getting propelled in India.

Increasing Adoption of Hydraulic Systems in China

China is not far behind India when it comes to Asian countries with regard to the progress of the market. The CAGR for the market in China is pegged at an encouraging 6.1% over the forecast period.

With rapid advancements in the automobile and aviation industries, the adoption of hydraulic systems is increasing in China. Thus, the market is expected to have bright prospects in China.

Rise of Renewable Energy Sector Conducive to the Development of the Market in Australia

Various industrial plants for renewable energy are dotting the Australian landscape. With an increasing focus on renewable energy as one of the emerging sectors, demand for vane pumps is rising in Australia and is thus rife with opportunity for the market. The CAGR for Australia over the forecast period is pegged at a solid 5.3%.

Increasing Production and Demand for Sliding Vane Pumps in the United Kingdom

In the United Kingdom, the demand for sliding vane pumps is increasing. Manufacturers are paying attention by developing new technologies in sliding vane pumps. Thus, there is an increase both in the production and in the use of sliding vane pumps in the United Kingdom. For the forecast period, the United Kingdom market is pegged to register a reasonable CAGR of 5.2%.

Positive Outlook Toward Adoption of Pumps Makes the United States a Lucrative Market

In the United States, pumps and pump systems are viewed positively by industries and regulatory bodies. For example, the ‘Pump Systems Matter’ program has been developed by the Hydraulic Institute in the United States. Vane pumps, too, are benefitting due to the positive outlook towards pumps. Over the forecast period, it is predicted the market will register a sturdy CAGR of 5.2%

Competitive Landscape in the Vane Pump Market

Efficiency and low noise levels are two of the important aspects that appeal to end-users while purchasing vane pumps. Manufacturers are further trying to improve efficiency and reduce the noise levels to make vane pumps even more appealing. The help of technology is being sought to meet the dual objectives.

The market for vane pumps is highly competitive. Several well-established companies compete with local players to gain higher profits. Expanding into untapped regions is a common concern among many of the higher-end players.

Recent Developments in the Vane Pump Market

• In August 2023, Edwards Vaccum introduced a rotary vane vacuum pump as part of the E2S series. It has a simple design that aims to be easy to operate for end-users.
• In May 2023, Atlas Copco launched the dry rotary vane vacuum pump as part of the DVS Model Series. The pump boasts of being quiet and contamination-free.
• In November 2022, Pfeiffer Vacuum launched the SmartVane pump. It is a rotary vane pump designed for mass spectrometry and has applications in the environmental and food analytics sector.
• In June 2021, Blackmer launched the TLGLF3HD Sliding Vane Pump. The aim of the pump is to increase the overall efficiency of the fluid handling process.

Key Companies in the Vane Pump Market

• Eaton Corporation plc
• Parker Hannifin Corporation
• Bosch Rexroth AG
• Danfoss A/S
• Moog Inc.
• Kawasaki Heavy Industries Ltd.
• Eaton Fluid Power Ltd.
• Atos Spa
• Permo Inc.
• Bucher Hydraulics GmbH

Key Segments

By Product Type:

• Heavy Duty
• Light Duty
• Unbalanced
• Balanced
• Flexible
• Others

By End Use:

• Aviation
• Oil & Gas
• Automotive
• Food & Beverage
• Others

By Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Oceania
• Middle East and Africa (MEA)

Frequently Asked Questions

How Big is the Vane Pump Market?

The size of the vane pump market is estimated to be USD 2,442.4 million in 2024.

Which is the Leading Product Type in the Vane Pump Market?

Heavy duty vane pumps are leading the market by product type, with an estimated share of 32.0% in 2024.

Which Industry Widely Employs Vane Pumps?

Vane pumps are commonly used in the aviation industry, with a projected market share of 24.0% in 2024.

What will be the Size of the Vane Pump Market by 2034?

The vane pump market size is predicted to be USD 4,292.1 million by 2034.

How will the Vane Pump Market Progress in India?

The market in India is predicted to progress at a CAGR of 6.3% from 2024 to 2034.