Market Forecast: Fluid Power

The NFPA reports shipments of fluid power products for February 2021 increased 3.0% compared to the previous month.

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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 last month. 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 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.

Nfpa Feb2021 StatsNational Fluid Power Association