Chart Your Course with Market Insights

Annual Report Series

Message from the President/CEOBuild Your Network & Learn with Others in the Industry | Chart Your Course with Market Insights | Reach More Customers While Keeping up with Trends | Influence the Future of Fluid Power


Now more than ever, timely and accurate industry statistics and tools are needed to help members navigate uncertainty and improve decision-making potential. Move ahead 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.

 

Get Your Questions Answered by Experts

NFPA’s Economic Update Webinars help members gain critical insight into the economic risks and opportunities facing their organizations. The next in the series, scheduled for May 27 at 10am CT, will help members more effectively navigate an economy affected by COVID-19. This webinar, featuring Jim Meil of ACT Research, will provide data for the latest developments and trends surrounding the economic impact of COVID-19 on the U.S. and global marketplace, specifically on the fluid power industry.

Join NFPA as we investigate what to expect from our industry’s key customer markets, as well as the short-term outlook for the fluid power industry. Learn more and register here.

Identify Leading Indicators

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. Now with Economic Indicator Data, the Toolkit offers a new competitive advantage. Coupled with the “Correlation Analysis” report application, the new Economic Indicator data further enhances the user’s ability to identify leading indicators for their business.

Measure your company’s relationship with over twenty of our industry’s most popular economic indicators:

  • Purchasing Managers Index (PMI)
  • Industrial Production
  • Retail Sales excluding Autos
  • Durable Goods New Orders
  • Capacity Utilization
  • And many more!

 

Explore Industry Data by State

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

 

Other Top Resources

Navigate economic trendsLook 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

NFPA's Economic Update Webinar is set to provide economic clarity and short-term outlook.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

Make the Most of Your Membership

  1. Attend an event to connect with industry leaders
    Visit NFPAHub.com/events/ to learn more about upcoming connection opportunities.
  2. Join a committee to impact the future of the industry
    Visit NFPA.com to learn more about association governance, standards development, and other engagement opportunities.
  3. Use exclusive market information to make better business decisions
    Visit NFPAHub.com/stats/ to learn more about and access reports and data available to NFPA members.
  4. Take advantage of tools to uncover data insights
    Visit NFPAHub.com/stats/ to learn more about and access the NFPA Stats Toolkit.
  5. Reach customers and promote the industry as a whole
    Visit NFPAHub.com/events/ to learn more about upcoming trade show opportunities and NFPA.com to find fluid power industry information to share with your customers.
  6. Help build the future workforce
    Visit NFPA.com to learn more about and make a donation to support our latest workforce development programs.

Recent Posts

Episode 77: Electrification of Hydraulic Wheel Loaders Maintains Relevance of Fluid Power

This episode features Marty Christianson, the Market Manager for E-Mobility and AE Cooling Systems at HYDAC, and we invited him into our forum to learn more about E-Mobility and the electrification of off-highway hydraulic equipment.  Listen to Podcast Here This fluid power industry-focused podcast highlights the people, technologies and unique applications that are moving the industry…

Read More

NFPA Seeking Volunteers for Electrification in Fluid Power Task Force

Deadline to Respond is August 18, 2022 Electrification is a buzzword throughout most industries now and is a common topic being discussed at conferences, events, and board rooms. While many businesses and industries have already embraced electrification, others are still working to understand the impacts, opportunities, and decision points to make. To add further confusion,…

Read More

In Memoriam: Tom Wanke

The National Fluid Power Association is saddened to share the news that Tom Wanke, CFPE, director of the Fluid Power Industrial Consortium and Industry Relations at Milwaukee School of Engineering, passed away June 21, 2022. “Tom’s impact on the fluid power industry will be felt for generations,” said Eric Lanke, president and CEO of the…

Read More