Analyze Trends and Get Market Insights

Now more than ever, timely and accurate industry statistics and tools are needed to help members navigate uncertainty and improve decision-making potential. Start 2021 with confidence with the resources highlighted below.

These programs are only the beginning of what’s available to NFPA members. Learn more about the full menu of programs here or get a summary of each in the PDF below.

Download NFPA Stats Handout

 

Explore Industry Data by State

Interest in geographically focused industry data continues to increase among NFPA members. Updated in late 2020, the U.S. Fluid Power Regional Demand Estimates provides that data with:

• Estimated geographic distribution of fluid power products to end-use industries by state,
• Fluid power sales dollar estimates, fluid power sales percentage estimates, and number of establishments for each industry in every state,
• [New!] Hydraulic/Pneumatic Demand Weighting Worksheet that applies hydraulic/pneumatic weighting to the total estimated U.S. geographic distribution of fluid power products to end-use industries.

Prepared for NFPA by Oxford Economics, this report helps members better benchmark sales performance, determine sales targets and goals, and determine specific end-use market demand, all by state.

 

You Have the Ideas, We Provide the Tools!

Strategic planning requires the proper tools to identify market trends, recognize data relationships and develop projections. With use steadily increasing over the past year, NFPA’s Stats Toolkit provides members with everything they need. This cloud-based data analytics and visualization support tool expands our members’ strategic planning capabilities by combining the user’s unique company data and NFPA data sources with today’s popular analytical tools to:

• Benchmark company performance
• Automate time-consuming calculations
• Determine market share
• Identify leading indicators
• Create custom forecasts

NFPA continues to add new data sources, including a variety of popular leading indicators.  Contact Eric Armstrong for more information or to schedule a 60-minute walkthrough webinar of this valuable tool at earmstrong@nfpa.com or (414) 778-3372.

 

Other Top Resources

Look Ahead and Anticipate Change

Especially in times of uncertainty, examining the future of the U.S. fluid power industry and the end-use markets the industry serves is important, and NFPA’s Forecast Report: U.S. Customer Markets does exactly that. Produced for NFPA by ITR Economics, this quarterly report includes:

• An annual outlook for the current year and next two years ahead for fluid power, hydraulics, pneumatics, and 30 of fluid power’s most popular end-user markets.
• A quarterly outlook, with ITR phase identifiers, for the current year and next two years ahead for 30 of fluid power’s most popular end-user markets.

In addition, this report highlights several insights and indicators of interest every quarter, including:

• Current economic overview
• Economic opportunities for NFPA members
• Economic risks for NFPA members
• Management objectives for NFPA members
• Snap-shot indicators

 

Piece Together Your Global Marketplace

COVID-19 has introduced a new level of economic uncertainty into the global marketplace, but NFPA’s Global Market Reports and Forecasts delivers a clear picture of our current global economy and the outlook ahead. This collection of global market reports will allow you to investigate every angle of our global marketplace. From high-level macro data and leading indicators, to detailed by-country analysis and forecasts of popular end-use markets.

Prepared for NFPA by Oxford Economics, one of the world’s foremost independent global advisory firms and provider of reports, forecasts and analytical tools on the global economy, NFPA’s Global Market Reports and Forecasts include:

• Global Fluid Power Report and Forecast
• Global Industry Forecasts
• Global Industry Briefings
• By-Country Briefings and Forecasts
• World Economic Prospects Report
• Special Reports and Webinar Recordings