Industry Growth Trends – February 2021

The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for February 2021 decreased 8.6% when compared to February 2020 and increased 3.0% when compared to January 2021. Mobile hydraulic and industrial hydraulic shipments decreased and pneumatic shipments increased in February 2021 when compared to February 2020. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased when compared to January 2021. The charts below are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program.