NFPA Market Information Site Includes Updated ITR Forecast

The latest fluid power forecasts from ITR are now available. Examine anticipated change in over 30 different markets with forecasts through 2024. Plan ahead with ITR’s latest economic opportunities, economic risks, and management objectives. Highlights from the latest report include:

Highlights from the latest report include:

  • Material Handling Equipment New Orders is expected to end 2022 with a 16.3% increase year-over-year.
  • Farm Machinery Shipments is currently the only market in phase D: recession of the business cycle.
  • Fluid power is expected to avoid recession in 2023 and resume growth in 2024.

Download ITR’s Fluid Power Forecast Report:

Recent Posts

Allison Forsythe Speaks About the Value of Participating in Standards Development

We’re excited to share a new onboarding video from Allison Forsythe, your Standards and Program Manager at the National Fluid Power Association (NFPA). In this video, Allison highlights the important work we’re doing in standards development and how you can get involved. At NFPA, we manage both domestic and international standards, including those through the…

Read More about Allison Forsythe Speaks About the Value of Participating in Standards Development

Enhance Your 2025 NFPA Annual Conference Experience By Bringing a Guest

2025 NFPA Annual ConferenceFebruary 25-27, 2025Tucson, AZRegistration Now Open The 2025 NFPA Annual Conference is not just about professional growth—it’s an opportunity to connect with your peers, your industry, and even your loved ones. As always, we’re offering an inviting Spouse/Guest Program that encourages you to bring someone special along to share in this experience.…

Read More about Enhance Your 2025 NFPA Annual Conference Experience By Bringing a Guest

NFPA Executive Leadership Program Dives into the Art of Negotiation

The NFPA Executive Leadership Program is an in-depth and interactive program that helps emerging leaders in the fluid power industry develop their network and advance their management and leadership skills through tailored content. Its sessions are presented in collaboration with the Kellogg School of Management at Northwestern University, with Kellogg faculty helping to curate interactions among…

Read More about NFPA Executive Leadership Program Dives into the Art of Negotiation