State of the Industry

The speed at which the Trump administration is implementing tariffs, and changing the terms of them, is making business planning difficult for fluid power companies.

NFPA data for December 2024 shows a continued decline for fluid power shipments and orders.

The digitalization of fluid power components is enabling improved control, communication and other performance benefits to create more productive and efficient machines.

Endeavor Business Media editors weigh in on the potential supply chain and operational difficulties impacting their respective industries due to tariffs put in place by the Trump...

The global hydraulic hoses and fittings market is projected to grow 4.36% through 2028, driven in part by improved market conditions in the oil & gas and construction equipment...

The latest NFPA data shows fluid power shipments dropped in November compared to the previous month.

A new report from IDTechEx shows a 6% CAGR for the global sensors market through 2035, driven by ongoing technological developments and increased application uses.

The incoming Trump administration is focused on implementing tariffs on goods imported into the U.S. which could impact the recovery projected for fluid power and its customer...

Macroeconomic signals are pointing to recovery in several markets which will present growth opportunities for the fluid power sector.

Current macroeconomic trends are signaling an improved global economy in 2025, but careful planning and monitoring of these trends will be necessary to capitalize on growth opportunitie...

Data from the National Fluid Power Association shows total fluid power shipments rose in October compared to the previous month but remained down from 2023 levels.

Results from Power & Motion’s 2024 Salary & Career Survey demonstrate satisfaction with fluid power engineering roles but continued difficulty in filling them.

A new NFPA report examines how increasing digitization and other industry trends are expanding the communication protocols used in mobile equipment with which fluid power systems...

The PMMI 2024 State of the Industry report shows investments in automation and other advanced technologies will lead to sustained growth for the packaging machinery market.

Tim LaCrosse of Parker Hannifin says the easing of supply chain pressures, new OEM design cycles and continued hydraulic system advancements will provide future market opportunities...

Recent data from NFPA shows total fluid power shipments decreased 9.4% in September 2024 and remain on a downward trend.

SMC Corp. is optimistic about the market rebound anticipated in 2025 and continued technological development opportunities for pneumatics.

Ken Baker of Bailey Group says 2024 was a tough year for the hydraulics industry but opportunities remain in expanding technical capabilities and an eventual recovery.

Interact Analysis is forecasting 0.5% growth for the global packaging machinery market which will help prop up the broader machinery sector in 2024.

Interact Analysis is forecasting the global mobile hydraulics market will see growth trends return after a down year in 2024.

Sustainability is becoming a larger driver for the design and use of fluid power technologies.

Danfoss Power Solutions President Eric Alström is optimistic about the future of hydraulics because of the development potential which still lies ahead.

NFPA reports total fluid power shipments declined 14.9% in August 2024 compared to the previous year.

Although the hydraulics industry is in a down cycle, Danfoss Power Solutions President Eric Alström says electrification, industrial applications and fluid conveyance are opportunity...

Improvements in battery energy density and charging infrastructure will aid continued growth for the electric vehicle market.

Eric Azeroual of Danfoss Editron discusses the current state of electric vehicle development and the factors driving further electrification in the coming years.

Increasing demand for hydraulic valves from various industries will lead to 3.8% growth for this market through 2034.

Future growth for the global machine vision market will be driven in part by the technology collaborations and company acquisitions occurring to aid advancement of industrial ...

U.S. companies are nearshoring to Mexico to enhance supply chain resilience and operational efficiency.

Data from the NFPA shows shipments and orders for fluid power products were down in June from previous months.

Future growth in manufacturing and other industries which rely on compressed air systems will help drive increased demand for the air oil separators used in these systems.

Efficiency, automation and other major industry trends present continued development opportunities for hydraulic systems used in mobile applications.

Experts from the fluid power industry offer their insights on the trends and technologies influencing hydraulic system designs for mobile machinery applications.

The June 2024 PMA Business Conditions Report indicates metalforming manufacturers are becoming less optimistic about future economic activity.

While inflation and interest rates continue to plague much of the economy, its eventual easing should lead to recovery for the fluid power industry and several of its customer...

Data from the National Fluid Power Association shows hydraulic and pneumatic shipments are on a downward trend.

The rise in demand for various materials, coupled with the benefits of reducing emissions and increasing productivity, is fueling the adoption of electric and autonomous machines...

Business activity for metalformers remained steady in May but expectations for the coming months are lower as economic uncertainty lingers.

Continued growth is expected for the mobile robot market in the coming years as manufacturing increases its implementation of automation solutions.

Economic uncertainty and shrinking backlogs will contribute to slower growth trends for the manufacturing sector before returning to an up cycle in 2025.

New technological developments and use cases will lead to the continued adoption of robotics and other automation solutions for the foreseeable future.

The air compressor market is projected to be worth $68.86 billion by 2030 due to investments in manufacturing which will help drive future growth.

The April 2024 PMA Business Conditions Report shows metalforming manufacturers anticipate economic activity to remain stable in the coming months.

The many benefits offered by pneumatics as well as their ongoing technological advancement will ensure their continued use in a range of applications.

Stable business conditions are anticipated for metalforming manufacturers in the coming months according to the March PMA Business Conditions Report.

Development of electric trucks is growing, creating increased revenue opportunities for the powertrain components used in these vehicles.

IDTechEx has outlined four major trends which will drive continued growth of the 3D printing market.

Systems which employ pneumatics offer several advantages, especially as the technology continues to evolve.

The February 2024 PMA Business Conditions Report shows metalforming manufacturers are increasingly optimistic about business activity in the coming months.

The global linear actuator market is forecast to experience a high level of growth in the coming years due in large part to use of these actuators in various automation solutions...

As vehicles become increasingly connected and software driven, there are opportunities to create more streamlined system architectures.

Learn about the latest sensor technologies and their growing use within fluid power and electric motion control systems.

Use our new comparison tool to see how region, education level and years of engineering experience may impact your salary potential.

Benefits ranging from improved precision and control to enhanced machine monitoring are possible when integrating sensors into fluid power systems.

The global machine vision market is forecast to grow 6.4% through 2028, driven by increasing automation in various industries.

Metalforming companies are optimistic about business activity during the first 3 months of 2024.

Demand for geared motors and industrial gears is forecast to slow in 2024 before rising again over the next 4 years.

With a mild recession predicted for 2024, fluid power manufacturers should use this time to invest in their business and prepare for the rebound coming in the second half of the...

This e-book delves into the trends impacting those in the fluid power as well as broader design and engineering community.

Ken Baker, CEO of Bailey International, sees opportunities ahead for the hydraulics industry even as the global economy heads toward a slowdown.

The hydraulics and pneumatics sector remains optimistic about its future.

The benefits provided by electric actuators over hydraulic and pneumatic options is increasing their adoption in a range of applications.

Members of the fluid power industry provide their insight on the technological innovations which have occurred in hydraulics and pneumatics as well as those yet to come.

As more electric options come into play and an economic slowdown is expected, positive sentiments remain for the hydraulics and pneumatics industry.

The hydraulics industry continues to see greater integration of sensors, controls and other electronic elements to help monitor and improve performance.

Greater integration of electronics and communication protocols have lead to various technology advancements in the hydraulics industry.

Technological advancements in pneumatic systems are helping meet ever evolving customer and market requirements.

A desire for more efficient and sustainable hydraulic solutions is driving development of new components and systems.

Customer requests for more connectivity and solutions which can be used in electric vehicles are bringing new design opportunities for hydraulic systems.

Over the past 75 years, pneumatic components and systems have continued to evolve to bring new capabilities and performance features to the market.

Automation, sustainability and a desire for increased intelligence are driving an evolution in pneumatic system designs.

The engineering community remains positive about the continued need for engineers as technologies evolve.

Interest in electric actuators as an alternative to fluid power options is growing due to the many performance benefits possible.

Sustainability initiatives and other factors are leading to increased demand, and development of, more energy efficient hydraulics.

Significant investments by mobile and industrial machine manufacturers are increasing the adoption rate of electric actuators in a range of applications.

Development of low power consuming and intelligent pneumatic devices will ensure their continued use as industry requirements evolve.

Electrification and automation are among the major trends influencing the design of hydraulics and other components for agricultural equipment.

Several industry trends are bringing new design needs, and thus opportunities, to the fluid power sector.

Positive market conditions for the hydraulics sector and its various customer markets will drive growth for hydraulic fittings in the coming years.

Several market factors are benefitting the hydraulics, pneumatics and electric motion technology sectors.

Improved efficiency and space claim are among the market factors driving development of hydraulic components and systems which are more compact in size.

NFPA data shows shipments of hydraulics and pneumatics increased compared to the previous month.

NFPA data shows pneumatics remain a positive sector for fluid power as shipments continued to increase in July 2023.

The acquisition of Clearpath Robotics by Rockwell Automation shows interest in mobile robots is growing in manufacturing and other applications.

The 2023 NFPA Technology Roadmap outlines the key areas in which the fluid power industry should focus future development initiatives.

Increased deployment of mobile robots in various industries will lead to growth opportunities for the components which enable their operation.

Manufacturers in the fluid power industry and its customer markets report a strong second quarter but anticipate a potential cooling in demand for the second half of 2023.

Electric vehicles, digitalization and supply chains are among the key trends presenting new opportunities as well as challenges for the tribology and lubrication industry.

Investments in automation and new application uses will drive growth for the motion controls market in the coming years.

The technological challenges brought about by industry trends such as sustainability and digitalization are making it an exciting time to work in the fields of tribology and lubrication...

Although the economy is in a mild recession, the fluid power industry and most of its customer markets are forecast to be minimally impacted.

Growing use of electronic controls is enabling hydraulics to meet the performance requirements of increasingly electrified and automated mobile equipment.

As Power & Motion enters its 75th year, our team looks to examine the ongoing advancements taking place in fluid power systems.

Corey Holloway of anyseals provides insight into the current market conditions for O-rings.

The slower growth trends forecasted for 2023 will provide opportunities for manufacturers to catch up and potentially ease supply chain pressures.