Hydraulics

Fluid Power Shipments Continue Growth Trend

Dec. 8, 2022

NFPA data for October 2022 shows shipments increased for the majority of fluid power markets.

Once again data from the National Fluid Power Association (NFPA) showed a growth trend for the 12-month moving average of shipments of pneumatics, hydraulics and total fluid power in October 2022.

The association reports year-to-date percent change for total fluid power shipments were up 17.5% in October; this was a slight increase over the previous month which came in at 17.2%.

When looking at specific fluid power types, mobile hydraulic orders received between November 2021 and October 2022 came in 104.6% above those received during the previous period (November 2020 to October 2021). Raw index data shows pneumatic and mobile hydraulic shipments increased in October but those for industrial hydraulics decreased compared from September.

The above charts provided by NFPA are drawn from data collected from more than 80 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.

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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