Fluid power industry growth trend

Milwaukee, Wisconsin – The latest data published by the National Fluid Power Association (NFPA) shows industry shipments of fluid power products for November 2014 decreased 1.0% compared to November 2013, and decreased 15.7% when compared to last month. Mobile hydraulic shipments decreased, while industrial hydraulic and pneumatic shipments increased in November 2014 when compared to November 2013. Mobile hydraulic, industrial hydraulic, and pneumatic shipments decreased when compared to last month. 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.

Source: NFPA