Fluid Power Industry Products Shipments Increased by 7.8%

Press Release Summary:

National Fluid Power Association (NFPA) released latest industry reports helps allow members to understand trends and anticipate change with trend graphs and data analysis for fluid power products. The report shows an increase of shipments when compared with February 2017 and February 2018. The charts are prepared by taking information from more than 85 manufacturers of fluid power products.

Original Press Release:

Hydraulic and Pneumatic Industry Trends with NFPA

The National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data.

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NFPA’s industry reports, outlook surveys, forecasts, and data sources allow our members to understand trends and anticipate change with a variety of trend graphs and data analysis for fluid power products, customer markets, and economic indicators.

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Find out how to become part of NFPA by calling Leslie Miller at 414‐778‐3369, or email at lmiller@nfpa.com. Market information questions? Contact Eric Armstrong at earmstrong@nfpa.com or 414‐778‐3372.

Shipments – Cumulative year‐to‐date % change (2018 vs. 2017)

                                  Total Fluid Power                                  Total Hydraulic                           Total Pneumatic

                                        Shipments                                          Shipments                                   Shipments 

Nov‐17                                  12.9                                                 10.4                                           12.9

Dec‐17                                  12.8                                                  10.5                                           12.4

Jan‐18                                   15.2                                                  14.7                                           12.8

Fluid Power Industry Growth Trend

The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for February 2018 increased 7.8% compared to February 2017, and decreased 5.5% when compared to last month. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased in February 2018 when compared to February 2017. Mobile hydraulic and pneumatic shipments decreased, while industrial hydraulic shipments increased when compared to last month. These charts are drawn from data collected from more than 85 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve. Contact NFPA at 414‐778‐3344 for more info.

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