Hydraulics

Fluid Power Shipments Grow in June 2022

Aug. 8, 2022

The NFPA reports shipments for pneumatics as well as mobile and industrial hydraulics remain up month over month.

Hydraulic and Pneumatic Shipments

This graph of raw index data is generated by the total dollar volume reported to NFPA by CSS participants and compared to the average monthly dollar volume in 2018. For example, the June 2022 total dollar volume for pneumatic shipments is 117.2% of the average monthly dollar volume in 2018. (Base Year 2018 = 100)

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The National Fluid Power Association (NFPA) reports the 12-month moving average for pneumatic, hydraulic and total fluid power shipments continued its growth pattern in June 2022. This pattern has existed since February 2021, showing consistently positive demand for fluid power components.

June's year-to-date percent change is 15.5% for total fluid power shipments. The NFPA's raw index data shows shipments for pneumatics as well as mobile and industrial hydraulics were all above those reported in May 2022 which were also above orders in April.

Orders for mobile hydraulics received between July 2021 and June 2022 are at 119.6% of the orders taken July 2020 to June 2021. The mobile equipment market continues to be an area of growth for the fluid power industry due to strong demand for construction and agricultural equipment, among other mobile equipment applications. This segment is expected to stay positive in the coming years as well with several infrastructure projects taking place around the world which will drive demand for mobile equipment and the components which are used within it.

About the Author

Sara Jensen | Executive Editor, Power & Motion

Sara Jensen is executive editor of Power & Motion, directing expanded coverage into the modern fluid power space, as well as mechatronic and smart technologies. She has over 15 years of publishing experience. Prior to Power & Motion she spent 11 years with a trade publication for engineers of heavy-duty equipment, the last 3 of which were as the editor and brand lead. Over the course of her time in the B2B industry, Sara has gained an extensive knowledge of various heavy-duty equipment industries — including construction, agriculture, mining and on-road trucks —along with the systems and market trends which impact them such as fluid power and electronic motion control technologies.

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