New Industry Report Available for Download

The sixth Annual Report on the U.S. Fluid Power Industry has just been released on the NFPA website.

Spread the word about the thriving impact of the fluid power industry. Download and share this report with your colleagues and customers today!

This new report outlines the impact the fluid power industry has worldwide and is a tool that members can use to promote the fluid power industry to external stakeholders—customers, users, government officials, the public at-large—anyone who doesn’t know as much as they should about fluid power and the industry that represents it.

Key conclusions from the report include:

  • In 2019, the manufacture of fluid power components was a $22 billion industry in the United States.
  • Many key industries depend on fluid power. Ten of the largest include an estimated 21,189 companies in the US, and employ more than 920,340.
  • The fluid power industry is building for the future, with more than 588 schools in the NFPA Educator Network and over $50 million in federal research grants focused on fluid power technology.

[button link=”” target=”blank” style=”primary”]Download Report[/button]

[button link=”” target=”blank” style=”primary”]Share with a Colleague[/button]

Recent Posts

Mark Your Calendar: Join Us on November 15 for an Economic Update with ITR Economics – Register Today!

Registration is now open for the November 15th Economic Update Event featuring Patrick Luce of ITR Economics. The event will take place virtually. In addition to macroeconomic trends and updates, Patrick will speak on important end use markets for fluid power and updated hydraulic and pneumatic forecasts. Check out the latest fluid power forecast report…

Read More

New Forecasts from Oxford Economics: Updates on the UAW Strike

Quarterly country and industry forecast reports from Oxford Economics have been updated on NFPA’s member hub. Insights include impacts of the UAW strike on the motor vehicle industry and updates on China’s industrial production. Oxford Economics produces quarterly forecast reports for over 60 countries and 10+ industries. These reports highlight forecast drivers and constraints with…

Read More

Innovative Pump Technology Expands to Medical Industry – Fluid Power Forum Episode 109 Now Live

This episode features Greg Shtrahman of Marzocchi Pumps USA. Listen to the Podcast Here Greg is a Business Development Manager at Marzocchi Pumps, a company that designs, manufactures, and sells external gear pumps and motors for high performance applications. We spoke with Marzocchi’s president in a previous episode about their low-noise gear pumps for automotive…

Read More