Major Group SIC 3586 - Measuring And Dispensing Pumps

SIC 3586 - Measuring And Dispensing Pumps

SIC 35 - Industrial And Commercial Machinery And Computer Equipment
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 358 - Refrigeration And Service Industry Machinery
  SIC 351 - Engines And Turbines SIC 352 - Farm And Garden Machinery And Equipment SIC 353 - Construction, Mining, And Materials Handling SIC 354 - Metalworking Machinery And Equipment SIC 355 - Special Industry Machinery, Except Metalworking SIC 356 - General Industrial Machinery And Equipment SIC 357 - Computer And Office Equipment SIC 358 - Refrigeration And Service Industry Machinery SIC 359 - Miscellaneous Industrial And Commercial
  - SIC 3586 - Measuring And Dispensing Pumps
    SIC 3581 - Automatic Vending Machines SIC 3582 - Commercial Laundry, Drycleaning, And Pressing Machines SIC 3585 - Air-conditioning And Warm Air Heating Equipment And Commercial SIC 3586 - Measuring And Dispensing Pumps SIC 3589 - Service Industry Machinery, Not Elsewhere Classified

Establishments primarily engaged in manufacturing measuring and dispensing pumps commonly used in service stations for dispensing gasoline, oil, and grease, including grease guns. Establishments primarily engaged in manufacturing pumps and pumping equipment for general industrial use are classified in Industry Group 356.

Industry trends:

In the Measuring and Dispensing Pumps industry (NAICS 3586), recent qualitative trends indicate a strong shift towards digitalization and smart technologies. Companies are increasingly integrating IoT (Internet of Things) features into their pumps, enabling real-time monitoring, predictive maintenance, and enhanced precision. This trend is driven by the demand for higher efficiency, reduced downtime, and better data analytics capabilities. Additionally, there is a growing emphasis on sustainability, prompting manufacturers to develop energy-efficient and eco-friendly products.

Another notable trend is the customization of pumps to meet specific industry needs, notably in the pharmaceutical, food and beverage, and chemicals sectors. Custom solutions that ensure compliance with stringent industry regulations and standards are becoming more prevalent. The COVID-19 pandemic has also accelerated the adoption of automation and remote operation capabilities in the industry, as businesses strive to minimize human intervention and ensure uninterrupted operations.

Looking ahead, the industry is expected to experience moderate growth driven by advancements in smart technologies and the increasing adoption of automation solutions. The demand for precision and efficiency in various end-use industries will further fuel this growth. Additionally, as environmental regulations become more stringent globally, the industry's focus on developing sustainable and energy-efficient products is expected to intensify, offering new growth opportunities for businesses that can innovate in this direction.

This industry is comprised of:

Dispensing and measuring pumps, gasoline and oil

Grease guns (lubricators)

Explore related industries:

SIC 2911 - Petroleum Refining SIC 3492 - Fluid Power Valves And Hose Fittings SIC 4925 - Mixed, Manufactured, or Liquefied Petroleum Gas Production

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