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11 top companies in the hydraulic pump industry

Posted by IndustryNet on Thursday, February 28, 2019

100000348_hydraulics_aircraftThe hydraulic pump industry is one of several sections of the hydraulics industry as a whole. Hydraulic pumps are found in all hydraulic power transmission systems. These devices take mechanical energy and turn it into hydraulic energy.

Read more: Key growth trends in the U.S. hydraulics industry

A close inspection will show hydraulic pumps on nearly every industrial and mobile machine, such as mining equipment, graders, dump trucks, cranes, tractors, excavators and vacuum trucks.

They are also commonly found in industrial environments with applications in material handling, pallet jacks, steel mills and more. Some third-party estimates indicate that the global market for hydraulic pumps can reach $11.4 billion by 2024.

Introduction to the Hydraulic Pump Industry

The hydraulic pump industry includes 99 companies and 3,012 jobs. One year ago, the industry had 2,950 jobs, indicating an increase of 2.10%. The industry's current average sales are $203.3 million.

Related: How to drive down costs and improve performance of your pump applications

When compared to $201.5 million a year ago, this is an increase of 0.87%. Those interested will appreciate that the largest number of hydraulic pump companies, 43, is in the South. The next-largest region is the Midwest with 29 companies, followed by the Northeast with 26 companies and the West with 6.

Top 11 Companies in the Hydraulic Pump Industry

One effective method of determining the top companies in the hydraulic pump industry is the number of employees. Based on this method, the following are the sector's top companies:


1. Eaton in Jackson, MS: 600 Employees
This company produces military and commercial hydraulic pumps along with systems and motors.


2. Parker Hannifin Corp., Hydraulic Gear Pump Division in Kings Mountain, NC: 250 Employees
This company manufactures hydraulic pumps and motors.


3. Mechanical Tool & Engineering Co. in Rockford, IL: 245 Employees
This company manufactures hydraulic pumps as well as power units.


4. Permco, Inc. in Streetsboro, OH: 120 Employees
This company focuses on hydraulic gear pumps in addition to motors.


5. Eaton Corp., Hydraulics Div. in Greenwood, SC: 120 Employees
This company produces hydraulic pumps with a focus on fluid power pumps and motors.


6. Perfection Hydraulics, Inc. in Evansville, IN: 115 Employees
This company manufactures new hydraulic pumps as well as rebuilt units. It also produces cylinders and valves.


7. Cross Mfg., Inc. in Hays, KS: 100 Employees
This company specializes in hydraulic pumps in addition to motors and valves.


8. CIRCOR Pumps North America, LLC in Columbia, KY: 100 Employeespumphouse
This company manufactures hydraulic pumps, focusing on pumps as well as pumping equipment.


9. Oilgear Company, The in Fremont, NE: 100 Employees
This company produces hydraulic pumps as well as related components.


10. Parker Hannifin Corp., Hydraulic Pump Div. in Marysville, OH: 100 Employees
This company produces hydraulic pumps in addition to transmissions, motors and valves.


11. Griffin Dewatering Corp. in Houston, TX: 80 Employees
This company produces industrial water pumps as well as related equipment.

 Quick View: Top U.S. Hydraulic Pump Companies

CompanyEmployeesCityState
Eaton600JacksonMS
Mechanical Tool & Engineering Co.245RockfordIL
Permco, Inc.120StreetsboroOH
Eaton Corp., Hydraulics Div.120GreenwoodSC
Perfection Hydraulics, Inc.115EvansvilleIN
Cross Mfg., Inc.100HaysKS
CIRCOR Pumps North America, LLC100ColumbiaKY
Oilgear Company, The100FremontNE
Parker Hannifin Corp., Hydraulic Pump Div.100MarysvilleOH
Griffin Dewatering Corp.80HoustonTX

Conclusion


The hydraulic pump industry is large, with current average sales of $203.3 million and expected future growth. Exploring the top companies in the industry can provide a nice overview of the sector.

Click here to see a full listing of the nation's hydraulic pump companies. 

 

 

 

 

Related Searches: HydraulicsHydraulic Pumps
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