Fast Stats Feature: State of the Fluid Power Industry Survey

NFPA’s State of the Fluid Power Industry Survey (SOFP) is a monthly seven-question, opinion-based survey that examines responses from fluid power industry peers on orders, shipments, hiring plans and inventory levels to gauge the change in the monthly, quarterly and annual state of our industry compared to previous benchmarks and predictions. 

The latest survey revealed over 60% of U.S. Fluid Power Manufacturers experienced orders growth in February and over 65% project orders growth in March, while only 25% of U.S. Fluid Power Distributors experienced shipments growth in February and 100% project shipments growth in March. Both U.S. Fluid Power Manufacturers and Distributors identified growth in hiring and backlog for February, and the majority also anticipate growth in orders and shipments in the months to come.

Participation is voluntary and all individual responses are confidential, but participation is required to receive the results. The survey takes less than 5 minutes to complete.

SOFP Industry Facts
The SOFP helps members create a simple forecast and is a strong leading indicator for the fluid power industry, which has been statistically proven to lead actual conditions by 3-5 months with over a 90% correlation to NFPA shipments data, providing participating members with a clear planning advantage by helping them: 

  • Identify the industry’s position in the business cycle
  • Anticipate how the industry will do in the months to come
  • Track industry backlog and hiring plans
  • Analyze the progress of your company compared to others

Update Frequency: Monthly


Valuable Features:

  • State of current month
  • Projection for next month
  • Projection for next 3 months
  • Projection for next 12 months
  • State of hiring
  • State of backlog
  • State of competitiveness vs. alternative technologies for manufacturers
  • State of current month by U.S. region for distributors


Accessibility: Participation in NFPA’s State of the Fluid Power Industry Survey is available to all manufacturer and distributor members, click MANUFACTURER or DISTRIBUTOR to view.


Recent Posts

Meet the Fluid Power Vehicle Challenge Teams – Part 3

Article By: Mary Pluta Programs like the Fluid Power Vehicle Challenge are made possible in part by the generous support of industry volunteers as well as NFPA Education and Technology Foundation, Pascal Society, and Tom Wanke Legacy Fund donors. Support these efforts by making a donation. Twenty-three teams from universities around the country are getting ready to participate in…

Read More

Groundbreaking Attendance Records at IFPE and CONEXPO-CON/Agg 2023

As the largest trade show in North America, it is no surprise that IFPE & CONEXPO-CON/Agg continued to grow in exhibitors and attendees. This year’s show reached a new high, attracting over 139,000 attendees from around the world. IFPE 2023 showcased the fluid power industry and featured many new innovative and cutting-edge fluid power technologies as…

Read More

Catching Up With NFPA Robotics Challenge Scholarship Winners; 2022 Winner Seeking Fluid Power Internship

By: Haley Nemeth The NFPA Education and Technology Foundation has awarded six scholarships to students through the Robotics Challenge Scholarship. The scholarship awards $30,000 ($7,500 per year for four years) to high school seniors who participate in a VEX, FIRST®, or NRL Robotics Competition Team and uses pneumatics in the competition robot. The goal of…

Read More