Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for September 2013 increased 4.2% compared to September 2012, and decreased 2.6% compared to last month.
Mobile hydraulic and pneumatic shipments increased, while industrial hydraulic shipments decreased in September 2013 when compared to September 2012. 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