The top companies engaged in the fluid power industry include: ITT Industries; Vickers, Inc.; SPX Corporation; and the Cooper Cameron Corporation.
Aeroquip-Vickers produces a wide range of products for the fluid power industry, including all pressure ranges of hoses, fittings, adapters, couplings, and other fluid connectors.
Included in the total fluid power market are fluid power valves and fittings as well as hydraulic and pneumatic pumps, cylinders, rotary actuators, motors, filters, hose accumulators, air preparation accessories, stationary compressors, and other products
The fluid power industry is generally divided into three large segments: mobile hydraulic, industrial hydraulic, and pneumatic.
Industry leaders include Cooper Industries Inc; Siemens Energy and Automation Inc.; General Electric Company PLC; Eaton Corp.; and MagneTek Inc.
The main component of power steering fluid are petroleum products. Each brand of power steering fluid will have slight variants on the makeup of the ingredients. It is important to make sure that the fluid you are buying is compatible with your car.
Similar products should not be a problem
It is difficult to provide an exact number, but the fluid power industry employs millions of people worldwide. The industry includes companies involved in manufacturing hydraulic and pneumatic systems, components, and equipment used in various applications such as manufacturing, construction, and transportation.
Companies in the fluid power cylinders and actuators industry manufacture hydraulic and pneumatic cylinders used in various devices, such as jacks, lifters, and machine tools.
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In most Ford products, Mercon, Mercon V is the recommended power steering fluid
The industry leader for 2001 was Cleveland-based Parker Hannifin Corp., with sales of $6.1 billion.
In 2000, the value of shipments within the fluid power industry totaled $6.7 billion.