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Eaton Corporation plc

Summary

Covers Eaton Corporation exhibition participation, products, technologies, and major customers. Offers exclusive information available only on MarkLines to support research and analysis in the automotive industry.

Company Profile

■URL

https://www.eaton.com/

■Address

1000 Eaton Boulevard, Cleveland, Ohio, 44122 USA

Business Overview

-The Company is a diversified power management company. The Company’s solutions support the global energy transition from fossil fuels to renewable energy, as it focuses on electrification and utilizes digital technologies for power management. The Company provides solutions for the mobility, data center, utility, industrial, commercial, machine building, residential and aerospace markets.

-As of December 31, 2025, the Company is organized into five business segments as follows:

  • Electrical Americas: Develops and produces electrical and industrial components, power distribution and assemblies, residential products, power quality and connectivity, wiring devices, circuit protection, power reliability equipment and services for North and South America
  • Electrical Global: Develops and produces electrical and industrial components, power distribution and assemblies, residential products, power quality, and services outside of North and South America; Segment also develops hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems
  • Aerospace: Produces fuel, hydraulics, pneumatic systems, and filtration systems for the aerospace market
  • Vehicle: Develops and produces drivetrain and powertrain systems and components to improve fuel efficiency, enhance performance and safety, and reduce emissions for passenger and commercial vehicles
  • eMobility: Develops and produces mechanical, electrical, and electronic components and systems to improve power management and performance of on-road and off-road electric vehicles


-The Company is the market leader for commercial truck transmissions and clutches in North and South America. It is also an industry leader in valve and valve actuation.

-The Company’s Sales Share by Segment for the fiscal year 2025 was as follows:

  • Electrical Americas: 48.4% of the Company’s total sales 
  • Electrical Global: 24.8% of total sales
  • Aerospace: 15.5% of total sales
  • Vehicle: 9.1% of total sales
  • eMobility: 2.2% of total sales


-On January 26, 2026, the Company announced its intention to spin off its Mobility business, which consists of its Vehicle and eMobility operating segments, into an independent, publicly traded company. The separation is expected to be completed by the end of Q1 2027 and is intended to provide Mobility with greater flexibility to pursue near- and long-term growth opportunities in technologies serving heavy-, medium-, and light-duty trucks, passenger vehicles, and off-highway vehicles. In preparation for the spin-off, the Company reorganized its reportable operating segments during the first quarter of 2026, forming the Mobility segment, which is comprised of the legacy Vehicle and eMobility segments. Financial information on the new segment is not provided as the changes occurred after the fiscal year ended December 31, 2025.

Shareholders

-The Company is listed on the New York Stock Exchange.

Products

eMobility
-ePowertrain

  • 1-Speed medium-duty EV gearboxes
  • ELocker EV differentials
  • EV drive module gearing innovative solutions
  • EV Truetrac limited slip differentials
  • Heavy-duty 4-speed EV transmissions
  • IntelliTrac electronic limited slip differentials
  • Medium-duty 4-speed EV transmissions
  • MLocker locking differentials
  • Open differentials
  • Posi limited-slip differentials

-48 volt solutions

  • 48 V mild hybrid systems
  • 48 V DC/DC converters
  • 48 V e-heater controllers
  • FLEX power distribution units

-Power distribution and protection

  • Battery configuration switches
  • Battery disconnect units
  • Breaktor circuit protection
  • Combined Megawatt Charging System (CMCS)
  • EV pyro fuse
  • Fuses
  • Megawatt Charger Splitter Box
  • Power distribution unit
  • Blade plug-in electrical components
  • Fuse holders
  • Rear terminal mini fuses and relays
  • Rear-fed fuse and relay modules
  • Multiplexed rear-fed fuse and relay modules (mRFRM)
  • Fuse panels
  • Single vehicle electrical centers (VEC)
  • Multiplexed vehicle electrical centers (mVEC)
  • Severe service vehicle electrical centers (ssVEC)
  • Dual vehicle electrical centers (DVEC)
  • Severe service dual vehicle electrical center (ssDVEC)
  • Power fuses
  • Power relay modules
  • Connector fuse holders
  • Stud type junction blocks
  • VEC connectors
  • Blade fuses
  • Battery disconnect switches
  • Circuit breakers

-Power conversion solutions

  • 24V to 12V converters for commercial vehicle
  • 12V DC/DC converters
  • 48V e-heater controllers
  • High-voltage DC/DC converter
  • Battery equalizers
  • High-voltage DC converters
  • Trail chargers
  • True sine wave inverters

-Power management

  • Battery isolators
  • Battery separators
  • Daytime running light controls
  • DC current sensors
  • Interconnect controllers
  • Low voltage disconnects
  • Solid state flashers
  • Busbars
  • Connectors
  • Eyelet terminals
  • High Power Lock Box (HPLB) terminals
  • Stamped Battery Terminals
  • High-voltage traction inverter

-Charging products

  • 50-150 kW DC EV Chargers
  • ChargePoint 6000 series AC charger for businesses
  • ChargePoint CPF50 Level 2 AC chargers
  • ChargePoint CT4000 Level 2 commercial chargers
  • ChargePoint Express 250 DC fast chargers
  • ChargePoint Express 280 DC fast chargers with dynamic power sharing
  • ChargePoint Express Plus DC fast chargers
  • ChargePoint Home Flex chargers 
  • ChargePoint Platform software
  • EV charging busways

Engine valves and valvetrain
-Deactivating hydraulic lash adjusters
-Diesel variable valve actuations
-Engine brakes
-Engine valves
-Hydraulic lash adjusters
-Rocker arms
-Switching roller finger followers

Fuel emission control
-Active drain liquid traps
-Compact combo valves
-eVaptive electronic venting systems
-Fill limit vent valves
-Fuel tank isolation valves
-Fuel vapour combo valves
-Grade vent valves
-Inlet check valves
-Pulse dampers
-Purge nipples
-Roll over valves
-SCR valves

Differentials
-Detroit Gearless differentials
-Detroit Truetrac differentials
-ELocker EV Differentials
-ELocker locking differentials
-EV Truetrac limited slip differentials
-InfiniTrac electronic limited slip differentials
-IntelliTrac electronic limited slip differentials
-MLocker locking differentials
-NoSPIN locking differentials
-Open differentials
-Suretrac limited slip differentials

Other commercial vehicle components
-Diesel variable valve actuations
-Cylinder deactivations
-Twin Vortices Series (TVS) EGR pumps
-Hydrogen recirculation blowers
-TVS cold start thermal unit air sources
-Engine brakes
-Automated transmissions

History

1911 Torbensen Gear and Axle Co. was incorporated in Bloomfield, New Jersey, USA
1971 Company name was changed to Eaton Corporation.
2001 Sold its automotive Vehicle Switch/Electronics Division (VS/ED), a manufacturer of electromechanical and mechatronic controls for automotive applications, to Delphi Automotive Systems.
2003 Formed Intelligent Switchgear Organization LLC, a joint venture with Catapillar Inc.
2004 Formed a joint venture with Changzhou Senstar Automobile Air Conditioner Co. Ltd. in China.
2004 Formed a joint venture with FAW Jiefang Automotive Co.,Ltd., in Changchun, China.
2005 -Completed purchase of Tractech Holdings, Inc., a US-based manufacturer of specialized differentials and clutch components for the commercial and specialty vehicle markets.
-Purchased Mexican automotive lifter manufacturer Morestana S.A. de C.V.
-Completed purchase of Brazilian powertrain manufacturer Pigozzi S.A.
2007 -Purchased the fuel components division of Saturn Electronics & Engineering, Inc.
-Sold its mirror controls division, part of the Company's automotive group
2008 -Acquired the engine valves business of Kirloskar Oil Engines Ltd.
-Formed a joint venture, Nittan Global Tech Co., Ltd. with Nittan Valve Co., Ltd. of Japan.
-Acquired Integ Holdings Limited, the parent company of Integrated Hydraulics Ltd., a U.K. manufacturer of screw-in cartridge valves, custom-engineered hydraulic valves and manifold systems.
Dec. 2019 Completed sale of Automotive Fluid Conveyance Division to Quantum Capital Partners
Jan. 2020 Agreed to sell Hydraulics business to Danfoss A/S for USD 3.3 billion
Mar. 2020 Completed sale of lighting business to Signify N.V.
Mar. 2021 Completed acquisition of Green Motion SA, a designer and manufacturer of EV charging hardware and software.
Aug. 2021 Completed the sale of the Hydraulics business to Danfoss A/S, a Danish industrial company.
Jan. 2022 Completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in EV, energy management, industrial and mobility markets.
Aug. 2023 Created new Mobility Group segment as a combination of the Vehicle and eMobility segments.
May 2024 -Opened new assembly plant in Dominican Republic.
-Acquired Exertherm.

Supplemental Information 1

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