Tools commonly used in the Fluid Power Pumps & Motors (Manufacturing) industry for day-to-day tasks and operations.

• CNC machines
• Lathes
• Milling machines
• Grinders
• Drilling machines
• Welding equipment
• Cutting tools
• Hydraulic presses
• Testing equipment
• Inspection equipment

Common products and services typical of NAICS Code 333996-01, illustrating the main business activities and contributions to the market.

• Hydraulic pumps
• Pneumatic pumps
• Electric motors
• Gear pumps
• Vane pumps
• Piston pumps
• Radial piston motors
• Axial piston motors
• Hydraulic motors
• Vacuum pumps

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ISO 9001:2015 Quality Management Systems Requirements: This certification ensures that the company has a quality management system in place that meets customer and regulatory requirements. It is provided by the International Organization for Standardization (ISO).
• ISO 14001:2015 Environmental Management Systems Requirements with Guidance for Use: This certification ensures that the company has an environmental management system in place that meets customer and regulatory requirements. It is provided by the International Organization for Standardization (ISO).
• OSHA 29 CFR 1910.147 Control Of Hazardous Energy (Lockout/tagout): This regulation requires employers to establish a program and utilize procedures for affixing appropriate lockout devices or tagout devices to energy isolating devices, and to otherwise disable machines or equipment to prevent unexpected energization, start-up or release of stored energy. It is provided by the Occupational Safety and Health Administration (OSHA).
• NFPA 20: Standard for the Installation of Stationary Pumps for Fire Protection: This standard provides requirements for the installation of pumps for fire protection service. It is provided by the National Fire Protection Association (NFPA).
• UL 778: Standard for Industrial Trucks, Internal Combustion Engine-Powered: This standard covers industrial trucks powered by internal combustion engines, including forklifts, tractors, platform lift trucks, and other vehicles used in industrial applications. It is provided by Underwriters Laboratories (UL).

A concise historical narrative of NAICS Code 333996-01 covering global milestones and recent developments within the United States.

• The Fluid Power Pumps & Motors (Manufacturing) industry has a long and rich history dating back to the early 20th century. The first hydraulic pump was invented in 1905 by William George Armstrong, and since then, the industry has seen significant advancements in technology and production methods. During World War II, the industry experienced a surge in demand due to the need for hydraulic systems in military aircraft and vehicles. In the 1960s, the industry saw the introduction of computer-aided design and manufacturing, which revolutionized the production process. In recent years, the industry has focused on developing more energy-efficient and environmentally friendly products, such as electric motors and pumps that use renewable energy sources. In the United States, the Fluid Power Pumps & Motors (Manufacturing) industry has a more recent history. The industry experienced significant growth in the 1950s and 1960s due to the post-war economic boom and the need for hydraulic systems in heavy machinery and construction equipment. In the 1970s, the industry faced challenges due to the oil crisis, which led to a shift towards more energy-efficient products. In the 1990s, the industry saw the introduction of new technologies such as microprocessors and sensors, which improved the performance and efficiency of hydraulic systems. In recent years, the industry has focused on developing products that are more environmentally friendly and meet stricter emissions regulations.

The anticipated future trajectory of the NAICS 333996-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The fluid power pumps and motors manufacturing industry in the USA is expected to grow in the coming years due to the increasing demand for hydraulic and pneumatic systems in various industries such as construction, agriculture, and automotive. The industry is also expected to benefit from the growing trend of automation and the increasing use of robotics in manufacturing processes. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising demand for electric motors and drives. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for fluid power systems in various applications.

Recent groundbreaking advancements and milestones in the Fluid Power Pumps & Motors (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

• Eaton's New X20 Portfolio Of Open-Circuit Piston Pumps and Motors: The X20 portfolio offers improved efficiency, reliability, and performance, making it ideal for various applications such as construction, agriculture, and material handling.
• Parker Hannifin's New Hydraulic Pump: The new pump offers improved energy efficiency, reduced noise levels, and longer service life, making it ideal for various applications such as industrial machinery and mobile equipment.
• Bosch Rexroth's New Hydraulic Motor: The new motor offers improved efficiency, reduced noise levels, and longer service life, making it ideal for various applications such as construction, agriculture, and material handling.
• Danfoss' New Hydraulic Pump: The new pump offers improved efficiency, reduced noise levels, and longer service life, making it ideal for various applications such as industrial machinery and mobile equipment.
• Moog's New Hydraulic Servo Valve: The new valve offers improved precision, accuracy, and response time, making it ideal for various applications such as aerospace, defense, and industrial automation.