Hydraulic and Pneumatic Industry Trends with NFPA
The National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data.
Plan Your Next Move
NFPA’s industry reports, outlook surveys, forecasts, and data sources allow our members to understand trends and anticipate change with a variety of trend graphs and data analysis for fluid power products, customer markets, and economic indicators.
Expert Analysis and Hard Data
Dynamic conferences, meetings and webinars keep our members up to date on the latest economic conditions, emerging trends and industry insights for today’s ever-changing economic climate.
You have the Ideas, We Provide the Tools
From point-and-click online tools that automate time-consuming calculations, trend analysis, and custom forecasting to a user-friendly web dashboard that allows members custom access to industry information.
Find out how to become part of NFPA by calling Erica Halmstad at 414-778-3359, or email at email@example.com.
Market information questions? Contact Pete Alles at firstname.lastname@example.org or 414-778-3350.
Hydraulic and Pneumatic Shipments
Raw Index Data, Index: 2018=100
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 2018. For example, the May 2021 total dollar volume for pneumatic shipments is 100.5% of the average monthly dollar volume in 2018. (Base Year 2018 = 100)
Pneumatic, Mobile and Industrial Hydraulic Orders Index
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, 91.3 (the May 2021 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from June 2020 to May 2021 were 91.3% of the orders received from June 2019 to May 2020. (Base Year 2018 = 100)
Total – Hydraulic and Pneumatic Shipments
This graph of 12-month moving averages shows that in May 2021, the moving average for shipments increased across the board. (Base Year 2018 = 100)
Shipments – Cumulative year-to-date % change (2021 vs. 2020)
|Total Fluid Power||Total Hydraulic||Total Pneumatic|
*Preliminary data subject to revision.
The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2021 and the total for the same months in 2020. For example, May 2021 pneumatic shipments figure of 15.1 means that for the calendar year through May 2021, pneumatic shipments increased 15.1% compared to the same time-period in 2020.
Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for May 2021 increased 32.7% when compared to May 2020, and but decreased 4.6% when compared to last month. Mobile hydraulic, industrial hydraulic and pneumatic shipments all jumped in between 20% and 35% in May 2021 when compared to May 2020, when indexes were dropping due to the onset of the Covid crisis. May 2021 shipment indexes have all slightly decreased from the April 2021 levels. These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve. Contact NFPA at 414-778-3344 for more info.