NFPA’s Stats Toolkit allows NFPA members to see the latest trends in fluid power. This web-based tool houses Confidential Shipment Statistics (CSS) data along with economic indicators, customer market data, and forecast data. Users can create custom, downloadable reports through 5 report types:
- Market Trends
- Market Share
- US Forecasts (from ITR Economics)
- Global Forecasting (from Oxford Economics)
12/12 Rate of Change (ROC):
The latest trends suggest that fluid power shipments from December 2021 to November 2022 are up 17.3% compared to shipments from December 2020 to November 2021. This number has been declining since February 2022, where the 12/12 ROC was 26%.
If you, or anyone at your company is interested in learning more about the Stats Toolkit, please contact Sam Diedrich at email@example.com or (414) 778-3372.
The National Fluid Power Association (NFPA) has entered into a partnership agreement with UKI Media & Events to convene and co-locate an advanced hydraulics conference for off-highway vehicle and fluid power engineers at iVT EXPO, to be held August 21-22, 2024, in Chicago, IL. iVT EXPO is an annual exposition for the off-highway vehicle design…
There is still time to register for April’s Fluid Power Vehicle Challenge Final Competitions. We need industry attendees to judge all aspects of the final competitions: the races, final presentations and vehicle design reviews. Industry attendees also participate in exclusive networking opportunities to recruit the next generation of talented engineers. Please register by March 1st.…
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.…