Unleashing Global Markets: Hydraulic Gear Pumps Shine at the 137th Canton Fair 2025
The 137th Canton Fair, held in Guangzhou, marked a significant moment for global trade, showcasing the resilience and innovation of industries worldwide, notably in the hydraulic gear pump sector. According to recent market analyses, the global hydraulic gear pump market is projected to experience substantial growth, with a compound annual growth rate (CAGR) of approximately 5.6% from 2021 to 2028, driven by increasing demand across automotive, construction, and manufacturing applications. At this year's fair, international attendance soared to a record high with 288,938 overseas buyers from 219 countries, highlighting a 17.3% increase compared to the previous event. This rise in participation correlates with a reported intent for export transactions reaching $25.44 billion, a 3% growth. As the hydraulic gear pump industry thrives, the Canton Fair continues to play a vital role in connecting manufacturers with global markets, providing a platform for innovation and collaboration in an ever-evolving economic landscape.
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