Market Trends

For the Public: Fluid Power Market Trends

The National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data.

This special monthly report is generated exclusively for NFPA’s educator partners to properly monitor industry trends and supply market intelligence.

Market information questions? Contact Eric Armstrong at or 414‐778‐3372.


Hydraulic and Pneumatic Shipments

Shipments Raw Index Data, Index: 2013=100

Hydraulic and Pneumatic Shipments

This graph of raw index data is generated by the total dollar volume reported to NFPA by CSS participants and compared to the average monthly dollar volume in 2013. For example, the January 2019 total dollar volume for pneumatic shipments are 103.6% of the average monthly dollar volume in 2013. (Base Year 2013 = 100)

Pneumatic, Mobile and Industrial Hydraulic Orders Index

Data are 12/12 ratios

Pneumatic, Mobile, and Industrial Orders Indexes

Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. Each point can be read as a percentage. For example, 108.7 (the December 2018 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from January 2018 to December 2018 were 108.7% of the orders received from January 2017 to December 2017. (Base Year 2013 = 100)


Total – Hydraulic and Pneumatic Shipments

Data are 12-month moving averages

Total Hydraulic and Pneumatic Shipments

This graph of 12-month moving averages shows that in December 2018, hydraulic shipments increased and pneumatic shipments decreased. (Base Year 2013 = 100)


Orders and Shipments – cumulative year-to-date percent changes

Pneumatic Industrial Hydraulic Mobile Hydraulic
Shipments Orders Shipments Orders Shipments Orders
Oct 2018 1.6 0.7 7.9 9.0 15.8 12.2
Nov 2018 1.2 0.7 7.0 7.8 15.2 10.7
Dec 2018 1.2 0.1 7.0 8.7 15.2 9.9

The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2018 and the total for the same months in 2017. For example, the December 2018 pneumatic orders figure of 0.1 means that for the calendar year through December 2018, pneumatic orders increased 0.1% compared to the same time-period in 2017. (Base Year 2013 = 100)