6,800 units is the estimate by Power Systems Research of the number of Hydraulic Power Units to be produced in the United States during 2022.
A Hydraulic Power Unit (HPU) usually refers to a self-contained, free-standing engine assembly that is used to drive one piece of equipment. HPUs are powered by internal combustion engines or AC/DC electric motors.
This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
Market Share: Dominating production of HPUs in NA is Stanley Hydraulic with 49% of total units produced. In second position is Great Northern (Brave) with 9.5%. Tradewinds Powers is third with 8%.
Trends: Production of HPUs in the US increased 22% from 2020 to 2021. Production is expected to increase another 6% from in 2022. Hydraulic Power Units (power packs) are used in a variety of applications and industries ranging from marine, construction and military applications.
The overall gain in 2022 is attributed to the increase in construction and marine related activities. This product segment will continue to increase steadily over the next 5 years as warranted by current economic conditions and related demands. Expect an additional 10% increase by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, for Power Systems Research
