Major Group SIC 3594 - Fluid Power Pumps And Motors

SIC 3594 - Fluid Power Pumps And Motors

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 359 - Miscellaneous Industrial And Commercial
  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 3594 - Fluid Power Pumps And Motors
    SIC 3592 - Carburetors, Pistons, Piston Rings, And Valves SIC 3593 - Fluid Power Cylinders And Actuators SIC 3594 - Fluid Power Pumps And Motors SIC 3596 - Scales And Balances, Except Laboratory SIC 3599 - Industrial And Commercial Machinery And Equipment, Not Elsewhere Classified

Establishments primarily engaged in manufacturing hydraulic and pneumatic fluid power pumps and motors, including hydrostatic transmissions. Establishments primarily engaged in manufacturing pumps for motor vehicles are classified in Industry 3714.

Industry trends:

The Fluid Power Pumps and Motors industry (NAICS 3594) is experiencing several qualitative trends that shape its current landscape and future outlook. One prominent trend is the shift towards energy-efficient and environmentally friendly solutions. Manufacturers and buyers alike are increasingly prioritizing systems that reduce energy consumption and emissions. This focus aligns with global sustainability goals and regulatory pressures to minimize carbon footprints.

Another emerging trend is the integration of advanced technologies, such as Internet of Things (IoT) and smart sensors into fluid power systems. These innovations enhance real-time monitoring, predictive maintenance, and overall system efficiency, leading to reduced downtime and operational costs. As industries continue to adopt digital transformation strategies, the demand for smart fluid power solutions is expected to rise.

Collaborative efforts and mergers within the industry are also becoming more prevalent. Companies are joining forces to combine expertise, expand capabilities, and enter new markets. This consolidation trend aims to foster innovation and competitiveness on a global scale. Additionally, the need for skilled labor and technical expertise continues to grow, driving investments in workforce training and development.

Forecasts for the near future suggest steady growth in the Fluid Power Pumps and Motors market, driven in part by the resurgence of manufacturing and construction activities following the pandemic. Furthermore, the ongoing emphasis on automation and the advent of Industry 4.0 are likely to accelerate the adoption of sophisticated fluid power technologies. As industries prioritize efficiency and sustainability, the sector is poised to see increased demand for advanced and eco-friendly solutions.

This industry is comprised of:

Fluid power pumps and motors

Hydraulic pumps, aircraft

Hydrostatic drives (transmissions)

Hydrostatic transmissions

Motors, air or hydraulic fluid power

Motors, pneumatic

Pumps, hydraulic power transfer

Explore related industries:

SIC 3492 - Fluid Power Valves And Hose Fittings SIC 3621 - Motors And Generators SIC 3714 - Motor Vehicle Parts And Accessories

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