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:
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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.
