As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update:
Hydraulic and Pneumatic Shipments
Pneumatic, Mobile and Industrial Hydraulic Orders Index
Total Hydraulic and Pneumatic Shipments
Shipments – Cumulative year-to-date % change (2016 vs. 2015)
Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for November 2016 decreased 1.0% compared to November 2015, and decreased 8.1% when compared to last month. Mobile hydraulic and pneumatic shipments decreased, while industrial hydraulic shipments increased in November 2016 when compared to November 2015. Mobile hydraulic, industrial hydraulic, and pneumatic shipments decreased 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.