Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for November 2016 decreased 1.0% compared to November 2015, and decreased 8.1% when compared to last month. Mobile hydraulic and pneumatic shipments decreased, while industrial hydraulic shipments increased in November 2016 when compared to November 2015. Mobile hydraulic, industrial hydraulic, and pneumatic shipments decreased when compared to last month. These charts are drawn from data collected from more than 85 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.
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