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    Engineers are generally satisfied with their careers due to the ability to be creative and solve challenges for varied applications
    Hydraulics

    Engineering Roles in Fluid Power Desirable but Difficult to Fill

    Dec. 2, 2024
    Results from Power & Motion’s 2024 Salary & Career Survey demonstrate satisfaction with fluid power engineering roles but continued difficulty in filling them.
    222692461 © Igor Borisenko | Dreamstime.com
    Communication networks and protocols for mobile machines are evolving to meet advanced technology needs
    Hydraulics

    The Changing Landscape of Communication Protocols for Fluid Power Systems

    Nov. 18, 2024
    A new NFPA report examines how increasing digitization and other industry trends are expanding the communication protocols used in mobile equipment with which fluid power systems...
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    Robots and other automation technologies are driving packaging machinery investments
    Technologies

    Technology Investments Driving Growth for Packaging Machinery

    Nov. 13, 2024
    The PMMI 2024 State of the Industry report shows investments in automation and other advanced technologies will lead to sustained growth for the packaging machinery market.
    Parker Hannifin
    Tim LaCrosse, Business Development & Application Engineering Manager at Parker Hannifin
    Hydraulics

    New OEM Design Cycles, Reduced Lead Times to Benefit Hydraulics Market

    Nov. 12, 2024
    Tim LaCrosse of Parker Hannifin says the easing of supply chain pressures, new OEM design cycles and continued hydraulic system advancements will provide future market opportunities...
    S. Jensen
    Hydraulic valve block
    Hydraulics

    Fluid Power Shipments Remain on a Decline

    Nov. 8, 2024
    Recent data from NFPA shows total fluid power shipments decreased 9.4% in September 2024 and remain on a downward trend.

    More content from State of the Industry

    SMC Corp.
    SMC VBA Series Energy Saving Booster Regulator allows users to increase pressure where needed
    Pneumatics

    A Positive Outlook for Pneumatics Market in 2025

    Nov. 5, 2024
    SMC Corp. is optimistic about the market rebound anticipated in 2025 and continued technological development opportunities for pneumatics.
    Bailey Group
    Ken Baker, CEO of Bailey Group
    Hydraulics

    2024 a Tough Year for Hydraulics, but Technological Advancements Persist

    Nov. 4, 2024
    Ken Baker of Bailey Group says 2024 was a tough year for the hydraulics industry but opportunities remain in expanding technical capabilities and an eventual recovery.
    20646831 © Baloncici | Dreamstime.com
    Packaging machinery is forecast to grow modestly in 2024
    Technologies

    Packaging Machinery a Bright Spot for Manufacturing Sector

    Oct. 29, 2024
    Interact Analysis is forecasting 0.5% growth for the global packaging machinery market which will help prop up the broader machinery sector in 2024.
    153843773 © Artinun Prekmoung | Dreamstime.com
    The global market for hydraulics used on mobile machines is forecast to return to growth in 2025
    Hydraulics

    A Return to Growth for Mobile Hydraulics in 2025

    Oct. 21, 2024
    Interact Analysis is forecasting the global mobile hydraulics market will see growth trends return after a down year in 2024.
    155564093 © One Photo | Dreamstime.com
    Sustainability is driving design and use of hydraulics and pneumatics
    Hydraulics

    The Rising Influence of Sustainability on Hydraulics and Pneumatics

    Oct. 14, 2024
    Sustainability is becoming a larger driver for the design and use of fluid power technologies.
    Danfoss Power Solutions
    Eric Alström, President of Danfoss Power Solutions
    Hydraulics

    Danfoss Optimistic About the Future of Hydraulics

    Oct. 10, 2024
    Danfoss Power Solutions President Eric Alström is optimistic about the future of hydraulics because of the development potential which still lies ahead.
    55072616 © Srki66 | Dreamstime.com
    Shipments for pneumatics continued to decline in August 2024
    Pneumatics

    Downward Trend Continues for Fluid Power Shipments in August 2024

    Oct. 9, 2024
    NFPA reports total fluid power shipments declined 14.9% in August 2024 compared to the previous year.
    Danfoss Power Solutions
    Eric Alström, President of Danfoss Power Solutions
    Hydraulics

    Danfoss Sees Growth Opportunities Despite Down Cycle

    Oct. 8, 2024
    Although the hydraulics industry is in a down cycle, Danfoss Power Solutions President Eric Alström says electrification, industrial applications and fluid conveyance are opportunity...
    Danfoss Power Solutions
    Eric Azeroual, vice president of sales development and portfolio at Danfoss Editron
    Emerging Technologies

    Energy Density and Charging are Technology Priorities for EV Advancement

    Oct. 2, 2024
    Improvements in battery energy density and charging infrastructure will aid continued growth for the electric vehicle market.
    Danfoss Power Solutions
    Eric Azeroual, vice president of sales development and portfolio at Danfoss Editron
    Emerging Technologies

    The State of Electrification: Slow but Continued Growth Ahead

    Sept. 30, 2024
    Eric Azeroual of Danfoss Editron discusses the current state of electric vehicle development and the factors driving further electrification in the coming years.
    27918796 © Scruggelgreen | Dreamstime.com
    Demand for hydraulic valves will grow over the next decade
    Hydraulic Valves

    Hydraulic Valve Market to Grow Over Next 10 Years

    Aug. 29, 2024
    Increasing demand for hydraulic valves from various industries will lead to 3.8% growth for this market through 2034.
    80800241 © Dashark | Dreamstime.com
    Use of machine vision systems is rising in conjunction with growing implementation of automation
    Vision Systems

    Acquisitions and Partnerships to Benefit Machine Vision Market

    Aug. 21, 2024
    Future growth for the global machine vision market will be driven in part by the technology collaborations and company acquisitions occurring to aid advancement of industrial ...
    Brennan Industries Inc.
    Brennan is one of several companies to nearshore in Mexico
    Hydraulics

    Mexico’s Boom: The New Hub for U.S. Manufacturers

    Aug. 14, 2024
    U.S. companies are nearshoring to Mexico to enhance supply chain resilience and operational efficiency.
    75012051 © Oleg Doroshin | Dreamstime.com
    Shipments for hydraulic components are trending downward
    Hydraulics

    Fluid Power Shipments and Orders Trend Downwards in June 2024

    Aug. 7, 2024
    Data from the NFPA shows shipments and orders for fluid power products were down in June from previous months.
    123139098 © Ryzhov Sergey | Dreamstime.com
    Air oil separators are an important filtration technology for compressed air systems
    Air Filters and FRLs

    Air Oil Separator Market to Grow 5.3% Over Next Decade

    Aug. 6, 2024
    Future growth in manufacturing and other industries which rely on compressed air systems will help drive increased demand for the air oil separators used in these systems.
    320183655 © Ryzhov Sergey | Dreamstime.com
    Hydraulics are important to the functionality of agricultural equipment and other mobile machines
    Hydraulics

    The Future of Hydraulic Systems in Mobile Machinery

    Aug. 5, 2024
    Efficiency, automation and other major industry trends present continued development opportunities for hydraulic systems used in mobile applications.
    80278754 © Anton Matveev | Dreamstime.com
    Hydraulics are important to the functionality of mobile machinery
    Hydraulics

    Mobile Hydraulics: The Trends and Technologies Shaping the Industry

    July 31, 2024
    Experts from the fluid power industry offer their insights on the trends and technologies influencing hydraulic system designs for mobile machinery applications.
    303586622 © Phuchit | Dreamstime.com
    Metalworking business activity is slowing
    Technologies

    Metalformers Business Outlook Continues to Drop

    July 9, 2024
    The June 2024 PMA Business Conditions Report indicates metalforming manufacturers are becoming less optimistic about future economic activity.
    40274970 © Dmitry Kalinovsky | Dreamstime.com
    Orders for hydraulics are down in 2024
    Hydraulics

    Fluid Power Industry on Downward Trend Before Recovery in 2025

    June 28, 2024
    While inflation and interest rates continue to plague much of the economy, its eventual easing should lead to recovery for the fluid power industry and several of its customer...
    119385667 © Ryzhov Sergey | Dreamstime.com
    hydraulic cylinders
    Hydraulics

    Fluid Power Shipments Decreased in April 2024

    June 13, 2024
    Data from the National Fluid Power Association shows hydraulic and pneumatic shipments are on a downward trend.
    Caterpillar Inc.
    Automation

    Electric and Autonomous Machines Driving Growth in the Mining Equipment Market

    June 12, 2024
    The rise in demand for various materials, coupled with the benefits of reducing emissions and increasing productivity, is fueling the adoption of electric and autonomous machines...
    31669284 © Andrey Eremin | Dreamstime.com
    Metalforming companies are less optimistic about business activity in the coming months
    Technologies

    Economic Outlook Dips for Metalformers in May

    June 10, 2024
    Business activity for metalformers remained steady in May but expectations for the coming months are lower as economic uncertainty lingers.
    161315126 © Haiyin | Dreamstime.com
    Use of mobile robots of various types will continue to grow
    Automation

    Mobile Robots to Remain Strong Segment of Automation Sector

    June 3, 2024
    Continued growth is expected for the mobile robot market in the coming years as manufacturing increases its implementation of automation solutions.
    132075177 © Fotoeventstock | Dreamstime.com
    Shrinking backlogs will likely lead to slowing production volumes in 2024
    Technologies

    Manufacturing Industry Projected to Grow 15% by 2028, Despite Slower Growth in 2024

    May 28, 2024
    Economic uncertainty and shrinking backlogs will contribute to slower growth trends for the manufacturing sector before returning to an up cycle in 2025.
    Alex Shikany, Vice President of Membership & Business Intelligence, (left) and Clarissa Schwendeman, Director of Marketing (right) at A3
    Automation

    Automation has a Bright Future Ahead of It

    May 15, 2024
    New technological developments and use cases will lead to the continued adoption of robotics and other automation solutions for the foreseeable future.
    127721039 © Mikhail Leonov | Dreamstime.com
    Global industrialization will drive market growth for air compressors
    Air Compressors

    Global Manufacturing Investments to Benefit Air Compressor Market

    May 7, 2024
    The air compressor market is projected to be worth $68.86 billion by 2030 due to investments in manufacturing which will help drive future growth.
    27353799 © Stepan Popov | Dreamstime.com
    Metalforming manufacturers continue to see positive business activity
    Technologies

    Consistent Business Activity for Metalformers in April 2024

    April 30, 2024
    The April 2024 PMA Business Conditions Report shows metalforming manufacturers anticipate economic activity to remain stable in the coming months.
    116650490 © Pakphoto | Dreamstime.com
    Pneumatic cylinders can provide a cost-effective solution for many applications
    Pneumatics

    Pneumatics Will Remain a Relevant Power Transmission Technology

    April 22, 2024
    The many benefits offered by pneumatics as well as their ongoing technological advancement will ensure their continued use in a range of applications.
    114966364 © Andreyi Armiagov | Dreamstime.com
    Stable business activity expected for metalforming manufacturers
    Pneumatics

    Metalformer Business Activity Remains Steady in March 2024

    April 11, 2024
    Stable business conditions are anticipated for metalforming manufacturers in the coming months according to the March PMA Business Conditions Report.
    S. Jensen
    closeup of the battery system on an electric truck
    Technologies

    Revenue Potential Increasing for Electric Truck Powertrain Components

    March 25, 2024
    Development of electric trucks is growing, creating increased revenue opportunities for the powertrain components used in these vehicles.
    89985616 © Alexander Traksel | Dreamstime.com
    close up of 3D printing
    3D Printing

    The Top 4 Trends Impacting 3D Printing

    March 13, 2024
    IDTechEx has outlined four major trends which will drive continued growth of the 3D printing market.
    3448328 © Josef Bosak | Dreamstime.com
    robotic grippers using pneumatics
    Pneumatics

    Pneumatics Remain a Valuable Technology

    March 6, 2024
    Systems which employ pneumatics offer several advantages, especially as the technology continues to evolve.
    35652612 © Oliver Sved | Dreamstime.com
    closeup of steel cutting machinery
    Pneumatics

    Optimism Increases for Metalforming Business Conditions

    March 5, 2024
    The February 2024 PMA Business Conditions Report shows metalforming manufacturers are increasingly optimistic about business activity in the coming months.
    266080223 © Madalin Nicolescu | Dreamstime.com
    electric linear actuator
    Linear Actuation

    Automation to Drive Growth for Linear Actuator Market

    Feb. 29, 2024
    The global linear actuator market is forecast to experience a high level of growth in the coming years due in large part to use of these actuators in various automation solutions...
    163128409 © Audioundwerbung | Dreamstime.com
    a depiction of connected autonomous vehicles on roadway
    Sensors & Software

    How Connected and Software-Defined Vehicles are Reshaping System Architectures

    Feb. 27, 2024
    As vehicles become increasingly connected and software driven, there are opportunities to create more streamlined system architectures.
    Baumer
    sensors play a key role in digitalization
    Sponsored

    Sensors: New Technologies and Trends

    Feb. 22, 2024
    Learn about the latest sensor technologies and their growing use within fluid power and electric motion control systems.
    124185733 © Auremar | Dreamstime.com
    engineers looking at components
    Technologies

    How Does Your Salary Compare with Other Engineers?

    Feb. 21, 2024
    Use our new comparison tool to see how region, education level and years of engineering experience may impact your salary potential.
    297946586 © Andriy Dovzhykov | Dreamstime.com
    hydraulic hoses with pressure sensor
    Sensors & Software

    Sensors in Fluid Power Bring a Range of Design Opportunities

    Feb. 12, 2024
    Benefits ranging from improved precision and control to enhanced machine monitoring are possible when integrating sensors into fluid power systems.
    184169909 © Dashark | Dreamstime.com
    machine vision system in robot application
    Vision Systems

    Machine Vision Market to Grow Through 2028

    Feb. 7, 2024
    The global machine vision market is forecast to grow 6.4% through 2028, driven by increasing automation in various industries.
    231522039 © Dedmityay | Dreamstime.com
    metalforming machine
    Pneumatics

    Metalformers Start 2024 on Positive Footing

    Jan. 29, 2024
    Metalforming companies are optimistic about business activity during the first 3 months of 2024.
    1913853 © Mypokcik | Dreamstime.com
    close up of industrial geared components
    Motors

    Geared Products Market to Slow Before Rebounding in 2025

    Jan. 10, 2024
    Demand for geared motors and industrial gears is forecast to slow in 2024 before rising again over the next 4 years.
    93728849 © Oleg Doroshin | Dreamstime.com
    hydraulic hoses on heavy machinery
    Hydraulics

    2024 Recession Presents Fluid Power Industry Opportunities for Investment

    Dec. 12, 2023
    With a mild recession predicted for 2024, fluid power manufacturers should use this time to invest in their business and prepare for the rebound coming in the second half of the...
    eBooks

    2023 Salary & Career Survey Report from Power & Motion

    Dec. 11, 2023
    This e-book delves into the trends impacting those in the fluid power as well as broader design and engineering community.
    Hydraulics

    Hydraulics to Experience Soft Landing as Economy Slows

    Dec. 7, 2023
    Ken Baker, CEO of Bailey International, sees opportunities ahead for the hydraulics industry even as the global economy heads toward a slowdown.
    177887807 © Ratmaner | Dreamstime.com
    Fluid power components on heavy machinery
    Pneumatics

    Getting a Pulse on the Current State of Fluid Power

    Nov. 29, 2023
    The hydraulics and pneumatics sector remains optimistic about its future.
    Actuators

    A Slow but Steady Move Toward Electric Actuators

    Nov. 27, 2023
    The benefits provided by electric actuators over hydraulic and pneumatic options is increasing their adoption in a range of applications.
    The Lee Company
    Testing stations at The Lee Company in the 1960s
    Hydraulics

    How 75 Years of Innovation Have Shaped Hydraulics and Pneumatics

    Nov. 21, 2023
    Members of the fluid power industry provide their insight on the technological innovations which have occurred in hydraulics and pneumatics as well as those yet to come.
    142928353 © Nordroden | Dreamstime.com
    Hydraulic cylinders and hoses on heavy machinery
    Hydraulics

    Positive Outlook for Fluid Power Despite Electronics Making Inroads

    Nov. 20, 2023
    As more electric options come into play and an economic slowdown is expected, positive sentiments remain for the hydraulics and pneumatics industry.
    Ken Baker, CEO of Bailey International
    Hydraulics

    Electrification of Hydraulic Circuits on Upward Trend

    Nov. 18, 2023
    The hydraulics industry continues to see greater integration of sensors, controls and other electronic elements to help monitor and improve performance.
    Moog Inc.
    Hydraulics

    75 Years of Hydraulic System Designs

    Nov. 17, 2023
    Greater integration of electronics and communication protocols have lead to various technology advancements in the hydraulics industry.
    Melissa Childers, Business Development Manager, Motion Systems Group, Pneumatic Division at Parker Hannifin
    Pneumatics

    Pneumatics Continue to Adapt to Market Needs

    Nov. 16, 2023
    Technological advancements in pneumatic systems are helping meet ever evolving customer and market requirements.
    qa
    Hydraulics

    Hydraulics Undergoing a Technological Revolution

    Nov. 16, 2023
    A desire for more efficient and sustainable hydraulic solutions is driving development of new components and systems.
    Tim Bankhead, Application Engineering Manager, North America at HydraForce/Rexroth, a Bosch Company
    Hydraulics

    New Design Opportunities for Hydraulics

    Nov. 14, 2023
    Customer requests for more connectivity and solutions which can be used in electric vehicles are bringing new design opportunities for hydraulic systems.
    Tolomatic
    Pneumatic cables on flour packaging equipment
    Pneumatics

    75 Years of Innovation in Pneumatics

    Nov. 13, 2023
    Over the past 75 years, pneumatic components and systems have continued to evolve to bring new capabilities and performance features to the market.
    Rex Bateman, Director of Engineering at SMC Corp.
    Pneumatics

    Pneumatic Designs Evolving to Meet Industry Trends

    Nov. 9, 2023
    Automation, sustainability and a desire for increased intelligence are driving an evolution in pneumatic system designs.
    ID 80805279 © Nd3000 | Dreamstime.com
    Engineers collaborating on design project
    Technologies

    Engineering Remains Viable and Important Career Path

    Nov. 8, 2023
    The engineering community remains positive about the continued need for engineers as technologies evolve.
    Andrew Zaske, Vice President of Sales and Marketing, Tolomatic
    Actuators

    Increased Demand for Uptime and Reliability Driving Move to Electric Actuators

    Nov. 7, 2023
    Interest in electric actuators as an alternative to fluid power options is growing due to the many performance benefits possible.
    Jeff Herrin, senior vice president of Research, Development, and Engineering at Danfoss Power Solutions
    Hydraulics

    Demand for More Efficient Hydraulic Systems on the Rise

    Nov. 6, 2023
    Sustainability initiatives and other factors are leading to increased demand, and development of, more energy efficient hydraulics.
    Tom Diedrichs, Product Manager Actuators at Ewellix
    Actuators

    A Bright Future Ahead for Electric Actuators

    Nov. 2, 2023
    Significant investments by mobile and industrial machine manufacturers are increasing the adoption rate of electric actuators in a range of applications.
    Frank Langro, Director – Product Market Management, Pneumatic Automation, Festo North America
    Pneumatics

    Intelligent and Efficient Designs Key to Longevity of Pneumatics

    Nov. 1, 2023
    Development of low power consuming and intelligent pneumatic devices will ensure their continued use as industry requirements evolve.
    Farmdroid
    Farmdroid robot conducting seeding operation in farm field
    Hydraulics

    Trends Impacting Agricultural Equipment Component and System Designs

    Oct. 31, 2023
    Electrification and automation are among the major trends influencing the design of hydraulics and other components for agricultural equipment.
    75012051 © Oleg Doroshin | Dreamstime.com
    Hydraulic components on heavy machinery
    Hydraulics

    What do the Next 75 Years Have in Store for Hydraulic and Pneumatic Systems?

    Oct. 25, 2023
    Several industry trends are bringing new design needs, and thus opportunities, to the fluid power sector.
    159449 © Alptraum | Dreamstime.com
    Hydraulic fittings are an important component within hydraulic systems used in a range of applications.
    Hydraulic Fittings & Couplings

    Growth Potential Ahead for Hydraulic Fittings Market

    Oct. 18, 2023
    Positive market conditions for the hydraulics sector and its various customer markets will drive growth for hydraulic fittings in the coming years.
    94121284 © Phuchit | Dreamstime.com
    Market growth in several customer sectors will benefit the pneumatic and electric motion control industries.
    Technologies

    How are the Fluid Power and Electric Motion Control Markets Performing?

    Oct. 11, 2023
    Several market factors are benefitting the hydraulics, pneumatics and electric motion technology sectors.
    105310885 © Ifeelstock | Dreamstime.com
    Manufacturers are developing more compact hydraulic systems to help improve efficiency and better fit into space constrained machine envelopes.
    Hydraulics

    A Shift Toward Compact Hydraulic Systems

    Oct. 9, 2023
    Improved efficiency and space claim are among the market factors driving development of hydraulic components and systems which are more compact in size.
    National Fluid Power Association
    Hydraulic and pneumatic shipments rose in August 2023.
    Hydraulics

    Fluid Power Shipments Rise in August 2023

    Oct. 9, 2023
    NFPA data shows shipments of hydraulics and pneumatics increased compared to the previous month.
    National Fluid Power Association
    Hydraulic and pneumatic shipments in July 2023.
    Hydraulics

    Pneumatic Shipments Continue on Positive Trajectory

    Sept. 19, 2023
    NFPA data shows pneumatics remain a positive sector for fluid power as shipments continued to increase in July 2023.
    OTTO Motors
    Autonomous mobile robots like those available from OTTO Motors can help to increase the flow of goods through manufacturing facilities and other applications.
    Automation

    Rockwell Acquisition of Clearpath Robotics Demonstrates Growth of Mobile Robots

    Sept. 13, 2023
    The acquisition of Clearpath Robotics by Rockwell Automation shows interest in mobile robots is growing in manufacturing and other applications.
    18930173 © Mike Zakharov | Dreamstime.com
    Advancements in hydraulic component and system designs will help to ensure they remain a vital part of various machine and vehicle designs.
    Hydraulics

    Assessing Future Design Needs for Hydraulics and Pneumatics

    Aug. 30, 2023
    The 2023 NFPA Technology Roadmap outlines the key areas in which the fluid power industry should focus future development initiatives.
    ID 172103095 © Ekkasit919 | Dreamstime.com
    The mobile robot components market is expected to see high levels of growth over the next 5 years.
    Components

    Rapid Growth Ahead for Mobile Robot Components Market

    Aug. 21, 2023
    Increased deployment of mobile robots in various industries will lead to growth opportunities for the components which enable their operation.
    ID 35031565 © Voyagerix | Dreamstime.com
    Hydraulic shipments for construction equipment and other heavy machinery remained positive in the second quarter of 2023.
    Hydraulics

    Strong Second Quarter for Fluid Power and Customer Markets

    Aug. 15, 2023
    Manufacturers in the fluid power industry and its customer markets report a strong second quarter but anticipate a potential cooling in demand for the second half of 2023.
    Jensen Liang Thumbnail
    Hydraulic Fluids

    3 Key Trends Impacting Tribology and Lubrication

    Aug. 14, 2023
    Electric vehicles, digitalization and supply chains are among the key trends presenting new opportunities as well as challenges for the tribology and lubrication industry.
    197997928 © Photomall | Dreamstime.com
    Increasing investments in automation, such as robots, will aid growth of motion controls which play a key part in these systems.
    Technologies

    Steady Growth Expected for Motion Controls Market

    Aug. 10, 2023
    Investments in automation and new application uses will drive growth for the motion controls market in the coming years.
    Hong Liang Headshot
    Hydraulic Fluids

    Q&A: An Exciting Time for Tribology and Lubrication

    July 19, 2023
    The technological challenges brought about by industry trends such as sustainability and digitalization are making it an exciting time to work in the fields of tribology and lubrication...
    Dreamstime/View7
    Hydraulics and pneumatics are forecast to weather the current recession better than other sectors.
    Hydraulics

    A “Good” Recession for Hydraulics and Pneumatics

    April 3, 2023
    Although the economy is in a mild recession, the fluid power industry and most of its customer markets are forecast to be minimally impacted.
    Q&a
    Hydraulics

    Increased Demand for Electronic Controls Driving Hydraulic System Designs

    March 14, 2023
    Growing use of electronic controls is enabling hydraulics to meet the performance requirements of increasingly electrified and automated mobile equipment.
    Dreamstime/Steve Mann
    Hydraulic and pneumatic components have evolved over the past 75 years to become a powerful tool for transmitting power.
    Hydraulics

    The Continued Evolution of Hydraulics and Pneumatics

    March 1, 2023
    As Power & Motion enters its 75th year, our team looks to examine the ongoing advancements taking place in fluid power systems.
    Q&a
    Seals

    Demand for O-Rings to Remain Strong

    Jan. 17, 2023
    Corey Holloway of anyseals provides insight into the current market conditions for O-rings.
    Dreamstime/Emel82
    The hydraulics market is expected to end 2022 at a growth rate of 17.7% but dip in 2023 before rising again in 2024.
    Hydraulics

    2023 Fluid Power Market Outlook: Slowing Growth Cycle Ahead

    Nov. 14, 2022
    The slower growth trends forecasted for 2023 will provide opportunities for manufacturers to catch up and potentially ease supply chain pressures.