New Global Fluid Power Report and Forecast Available

A new series of quarterly forecast updates from Oxford Economics is now available on the NFPA website at Global Industry Forecasts.  These reports cover the global economy, as well as regional and country developments, and some detailed global industry forecasts. 

Oxford predicts a slow first half of 2024 with US industrial output being particularly stagnate. However, a gradual increase of industry growth is expected towards the end of the year and into a fully recovered 2025.
Learn more specifics for key markets and global economies in Oxford’s latest series of reports.

Recent Posts

Update to Regional Demand Estimates Report Now Available

The U.S. Fluid Power Regional Demand Estimates Report has been updated with 2023 estimates and is now available for download. This Excel-based report is prepared for NFPA by Oxford Economics and profiles the geographic distribution of fluid power products to end-use industries by state, including fluid power sales dollars, fluid power sales percentage, and number of…

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Hear from an NCAT Student Engaged in NFPA Workforce Programs

We’re excited to share a new testimonial video from David Castro Lastor, a junior mechanical engineering student at North Carolina Agricultural and Technical State University and president of the university’s Fluid Power Club. In his video, David shares how participating in NFPA programs has shaped his academic and personal growth. Through his leadership in the…

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New Episode of Fluid Power Forum: Advanced Modeling Techniques and Performance Comparisons of Electrohydraulic Systems

Today, our guest is Bruno Dupuis. Bruno is a Corporate Accounts Manager at Famic Technologies Inc., the company behind the development of Automation Studio™, a circuit design and simulation software for fluid power, electrical, robotics, process control and automation projects. He presented at NFPA’s Hydraulics Conference co-located at the 2024 iVT EXPO back in August.…

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