Profile: Eaton Corporation PLC (ETN.N)
24 Apr 2019
Eaton Corporation plc (Eaton), incorporated on May 10, 2012, is a power management company. The Company provides solutions that help its customers manage electrical, hydraulic and mechanical power. Its segments include Electrical Products, Electrical Systems and Services, Hydraulics, Aerospace and Vehicle. Eaton had operations in over 60 countries and sold products to customers in more than 175 countries, as of December 31, 2016.
Electrical Products and Electrical Systems and Services
The Electrical Products segment consists of electrical components, industrial components, residential products, single phase power quality, emergency lighting, fire detection, wiring devices, structural support systems, circuit protection and lighting products. The Electrical Systems and Services segment consists of power distribution and assemblies, three phase power quality, hazardous duty electrical equipment, explosion-proof instrumentation, utility power distribution, power reliability equipment, and services. The principal markets for these segments are industrial, institutional, governmental, utility, commercial, residential and information technology. These products are used wherever there is a demand for electrical power in commercial buildings, data centers, residences, apartment and office buildings, hospitals, factories, utilities, and industrial and energy facilities. The segment's sales are made directly to original equipment manufacturers, utilities, and certain other end users, as well as through distributors, resellers, and manufacturers' representatives.
The Hydraulics segment offers hydraulics components, systems and services for industrial and mobile equipment. Eaton offers a range of power products, including pumps, motors and hydraulic power units; a range of controls and sensing products, including valves, cylinders and electronic controls; a range of fluid conveyance products, including industrial and hydraulic hose, fittings, and assemblies, thermoplastic hose and tubing, couplings, connectors, and assembly equipment; filtration systems solutions; industrial drum and disc brakes, and golf grips. The principal markets for the Hydraulics segment include renewable energy, marine, agriculture, oil and gas, construction, mining, forestry, utility, material handling, truck and bus, machine tools, molding, primary metals and power generation.
The Aerospace segment is a supplier of aerospace fuel, hydraulics, and pneumatic systems for commercial and military use. Products include hydraulic power generation systems for aerospace applications, including pumps, motors, hydraulic power units, hose and fittings, electro-hydraulic pumps; controls and sensing products, including valves, cylinders, electronic controls, electromechanical actuators, sensors, aircraft flap and slat systems and nose wheel steering systems; fluid conveyance products, including hose, thermoplastic tubing, fittings, adapters, couplings, sealing and ducting, and fuel systems, including fuel pumps, sensors, valves, adapters and regulators. The principal markets for the Aerospace segment are manufacturers of commercial and military aircraft, and related after-market customers.
The Vehicle segment engages in the design, manufacture, marketing and supply of drivetrain, powertrain systems and critical components for cars, light trucks and commercial vehicles. Products include transmissions, clutches, hybrid power systems, superchargers, engine valves and valve actuation systems, cylinder heads, locking and limited slip differentials, transmission controls, fuel vapor components, fluid connectors and conveyance products for the global vehicle industry. The principal markets for the Vehicle segment are original equipment manufacturers and aftermarket customers of heavy-, medium-, and light-duty trucks, passenger cars and agricultural equipment, among others.
Eaton Corporation PLC
Eaton Hse, 30 Pembroke Road
Company Web Links
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- Deals of the day-Mergers and acquisitions
- Eaton to spin off its lighting business unit