2025 is expected to kick off a return to improved economic conditions for the fluid power industry and its many customer markets, as well as other sectors related to it. As our State of the Industry interviews near the end of 2024 indicated, normalization of inventory levels and the lowering of interest rates are expected to benefit many markets.
While there is some optimism, a wait-and-see mentality seems to remain as well with the potential of tariffs being implemented on a wide array of goods imported into the U.S. from other countries (and possible retaliatory tariffs on U.S. goods). How that plays out remains to be seen but could be a factor for the fluid power industry. Have thoughts on whether tariffs will have a positive or negative impact? Take our quiz at the end of our article examining their potential impact to let us know!
-Sara Jensen, Editor, Power & Motion