Are more positive days ahead for the fluid power industry and its various customer markets? Our top story in this month’s newsletter indicates that could be the case.
Research firm Interact Analysis is projecting recovery for the global off-highway equipment industry starting in 2026 with long-term growth anticipated which will be driven by larger macro trends such as infrastructure investment and the need to feed a growing global population. This should bode well for the hydraulics and pneumatics companies as well as other component suppliers serving the mobile equipment market. There remains some uncertainty around tariffs and whether they will impact this recovery Interact Analysis’ Alastair Hayfield told me, but in general, the broader macro trends should help drive equipment demand in the coming years.
The National Fluid Power Association’s Industry & Economic Outlook Conference is coming up August 12-13 and should once again provide good insights into global economic trends as well as projected performance for the markets served by the fluid power sector. Stay tuned for my recap from the event, and if you’ll be there and want to meet let me know by emailing me at [email protected].
Have thoughts on what content you’d like to see in future newsletters or just topics in general you’d like to see Power & Motion cover? You can let me know that too. I’m always happy to hear from readers about what they’d like to see covered to ensure we are providing the most beneficial information to the industry.
-Sara Jensen, Editor, Power & Motion