Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for October 2012 increased 0.8% compared to October 2011, and increased 8.8% compared to last month. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased in October 2012 when compared to October 2011. All three market segments also 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.