NFPA News
Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows February 2025 total fluid power shipments decreased 3% from the previous month and were -14% below February 2024’s index. 3/12 and 12/12 rates of change for total fluid power, hydraulic, and pneumatic shipments are negative and trending downward. The data and charts above are from NFPA’s Confidential Shipment Statistics (CSS) program where over 70 manufacturers of fluid power products report their monthly orders and shipments. More market information is available to NFPA members, allowing them to better understand trends and anticipate change in fluid power and the many customer markets it serves. Contact NFPA at 414-778-3344 for more info.
Total Fluid Power Shipments
Index Data: 3 Month Moving Average & 12 Month Moving Average
This graph of index data is generated by the total dollar volume reported to NFPA by CSS participants. This graph uses moving averages to smooth out the data and clearly identify trends. (Base Year 2024 = 100).
Shipments: Pneumatic, Mobile Hydraulic, and Industrial Hydraulic
Index Data: 12/12 Rate of Change
Each point on this graph represents the most recent 12 months of shipments compared to the previous 12 months of shipments. For example, 7.3% (the August 2023 level of the pneumatic series) indicates that the value of pneumatic shipments from September 2022 to August 2023 were 7.3% higher than the value of pneumatic shipments from September 2021 to August 2022.
Orders: Pneumatic, Mobile Hydraulic, and Industrial Hydraulic
Index Data: 12/12 Rate of Change
Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. For example, 8.5% (the August 2023 level of the industrial hydraulic series) indicates that the value of industrial hydraulic orders received from September 2022 to August 2023 were 8.5% higher than the value of industrial hydraulic orders received from September 2021 to August 2022.
Total Shipments: February 2025*
M/M% |
Y/Y% |
3/12% |
12/12% |
|
| Shipments | Shipments | Shipments | Shipments | |
| Fluid Power | -3.0 | -14.0 | -12.5 | -11.7 |
| Pneumatic | 3.0 | -4.7 | -5.7 | -8.4 |
| Hydraulic | -4.1 | -20.9 | -20.5 | -18.0 |
The table above shows various rates of change for the month of September 2024. Interpretation for each rate of change calculation:
– M/M %: The percent change between the current month and the previous month.
– Y/Y %: The percent change between the current month and the same month one year ago.
– 3/12 %: The percent change between the three most recent months and those same three months one year ago.
– 12/12 %: The percent change between the twelve most recent months and those same twelve months one year ago.
Is Additive Manufacturing an Opportunity or a Threat for the Fluid Power Industry?
By Eric Lanke, NFPA CEO I’ve been asked that question more than once in the past few months, mostly by NFPA members who are beginning to examine the emerging …
Students Learn About Fluid Power Through NFPA-Funded Projects
The NFPA Education and Technology Foundation awarded six teaching grants. The projects began in January 2015 and give students the opportunity to learn about …
NFPA-Funded Research Project Underway to Develop Contaminant Sensor at Iowa State
Students at Iowa State University are working on a research project, Dielectric Spectroscopic Sensor Development for Hydraulic Fluid Contamination Detection, …
The NFPA Fluid Power Challenge Makes Some Very Successful “Firsts”
Firsts: the first time you rode your bike without training wheels, the first time you spoke in front of a large audience, or your first year away from home at …
My Life! My Plan! Gives High School Students a Head Start
On December 11, 2014, Milwaukee Public School held a My Life! My Plan! Workshop at Bradley Tech High School that focused on STEM careers—concentrating on …
SOFP Industry Opinion: Little Change in Industry Opinions
Not much change was seen in industry opinions with NFPA’s recent release of the October 2014 State of the Fluid Power Industry Survey (SOFP), an electronic …
NFPA Identifies Strategy Agenda to Address the Needs of the Fluid Power Industry
The NFPA is working on a strategy agenda, which includes the following three strategic priorities: Inclusiveness: Serving as a forum where all fluid power …
2014 CFPA Annual Meeting Underscores Fluid Power’s Workforce Challenges
The 2014 Annual Meeting of the Canadian Fluid Power Association (CFPA) was held in Niagara-on-the-Lake, Ontario. It had been several years since I attended the …
Teaching Grants Engage Students in Fluid Power
The NFPA Education and Technology Foundation awarded six teaching grants that will begin in January 2015. The objective of the grants is to engage students in …
NFPA’s October 2014 Economic Update Webinar Summary: Positive Road Ahead
by Eric Armstrong, earmstrong@nfpa.com NFPA recently conducted its traditional October Economic Update Webinar with ITR Economics’ Jim Chappelow. The …
Partnering for a Strong Workforce
Did you know that NFPA has developed a Roadmap to Building a Strong Workforce? It outlines a number of ways NFPA members can help: Be a guest speaker at a …
CSS Monthly Shipments: Slow and Steady Growth
NFPA’s September 2014 Confidential Shipment Statistics (CSS), a monthly source of fluid power shipment and order data trends often used to benchmark company …
CCEFP IAB Meetings Allow Industry to Recruit Capable Students
By Eric Lanke, CEO, NFPA, elanke@nfpa.com Earlier this year, I attended a meeting of the Industry Advisory Board (IAB) of the Center for Compact and Efficient …
Fluid Power and Additive Manufacturing
By Eric Lanke, CEO, NFPA One of the biggest splashes at the recent IMTS show in Chicago was the 3-D printed car. In case you haven’t heard the news, the …
NFPA Reaches Wide Audience at IMTS
NFPA participated in the International Manufacturing Technology Show (IMTS) in Chicago, Ill, on September 8-13, 2014. The IFPE Fluid Power Zone pavilion was …
NFPA Continues Regional Meetings in Chicago
Scheduled for Monday, December 8, the 2014 Chicago Regional Meeting will convene over lunch at the Wojcik Conference Center at Harper College in Palatine. The …
NFPA Success Highlights: Education Roadmap
By Eric Lanke, CEO, NFPA What did we want to achieve? The specific objective from our strategic plan reads: “Define a regional strategy for the development …
Technologies Driving the U.S. to Our Energy Future
Fluid Power’s Role in our Nation’s Energy-Efficient Future: Part 8 By Eric Lanke, CEO, NFPA This article is eighth in a series describing NFPA’s actions …
Fluid Power’s Role in Our Nation’s Energy-Efficient Future
Part 7: Getting Engaged with the U.S. Council of Competitiveness By Eric Lanke, CEO, NFPA This article is seventh in a series of articles describing NFPA’s …
Fluid Power’s Role in Our Nation’s Energy-Efficient Future
Part 6: Detecting and Correcting Inefficiencies in Hydraulic Systems By Eric Lanke, CEO, NFPA This is the sixth in a series of articles describing NFPA’s …
Sponsor
Sponsors