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  • Hydraulic Pumps: Applications & Market trends 2022

    Hydraulic Pumps: Applications & Market trends 2022

    Hydraulic pumps convert mechanical energy into hydraulic energy used in cranes, loaders, graders, mining machinery, dump trucks, industrial machines etc. The market is divided based on product type, application and area. 

     

    Based on types, hydraulic pumps are divided majorly into- 

    1. Gear pumps
    2. Vane pumps
    3. Radial piston pumps
    4. Axial piston pumps

     

    Based on application, they are segmented into-

    • Mobile application
    • Industrial application

    (They have a varied application structure due to their simple design, easy operation and adaptability.)

    The area-wise division is- North America, Europe, Asia-Pacific and Middle East & Africa.

    The market size of hydraulic pumps was valued at ₹770.87 billion in 2020, and it is expected to increase to ₹1,103.24 billion by 2030.

    Source

    The need for hydraulic pumps is predicted to increase due to the increase in infrastructural activities, automotive requirements, mining processes, etc. In addition, they are also used in agricultural practices for groundwater harvesting. 

     

    Due to increased industrialization and rapid population growth, a cumulative growth trend has been observed in the industry. India, Japan and China are the major countries expanding the market for hydraulic pumps due to the presence of manufacturing facilities for construction and handling equipment. Japan alone has a greater market share than Latin America, the Middle East and Africa combined. 

    They are also in great demand in developing and underdeveloped countries in water and wastewater treatment plants. 

    The Hydraulic Pumps Market is expected to grow at a global CAGR of 6.25%.

    Source

    Apart from their applications, hydraulic pumps also help in reducing energy consumption by consuming less energy service. 

    Despite all the above factors, these pumps are facing a lot of concerns due to their high maintenance costs and negligible scrap value. As a result, users are shifting to alternative solutions like electrically operated medium-pressure pumps.  

     

    At Shri Ank Enterprise Pvt Ltd, we have catered to the needs of our clients with our versatile product range. We deal in Hydrank, Sarva Hydraulik LLC and Oil Power.

     

    At Sarva Hydraulik, strive to provide highly efficient Hydraulic Vane Pumps and Spares worldwide. Our model revolves around a unique combination of technology and innovation. They come with superior quality raw materials, developed to withstand high pressures (up to 5000 PSI). They are one-to-one replacements for foreign brands like Yuken and Parker Denison. Moreover, they are highly efficient and come at a reasonable price. 

     

    In the Hydrank brand, we offer vane pumps, hydraulic directional control valves, proportional valves, pressure relief valves, modular valves, variable vane pumps & replacement vane pumps in the Yuken brand, Tokimec brand and Vickers brand.  At Oil Power we offer aluminium gear pumps.  

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