State of the Industry

The hydraulics industry continues to see greater integration of sensors, controls and other electronic elements to help monitor and improve performance.

Greater integration of electronics and communication protocols have lead to various technology advancements in the hydraulics industry.

Technological advancements in pneumatic systems are helping meet ever evolving customer and market requirements.

A desire for more efficient and sustainable hydraulic solutions is driving development of new components and systems.

Customer requests for more connectivity and solutions which can be used in electric vehicles are bringing new design opportunities for hydraulic systems.

Over the past 75 years, pneumatic components and systems have continued to evolve to bring new capabilities and performance features to the market.

Automation, sustainability and a desire for increased intelligence are driving an evolution in pneumatic system designs.

The engineering community remains positive about the continued need for engineers as technologies evolve.

Interest in electric actuators as an alternative to fluid power options is growing due to the many performance benefits possible.

Sustainability initiatives and other factors are leading to increased demand, and development of, more energy efficient hydraulics.

Significant investments by mobile and industrial machine manufacturers are increasing the adoption rate of electric actuators in a range of applications.

Development of low power consuming and intelligent pneumatic devices will ensure their continued use as industry requirements evolve.

Electrification and automation are among the major trends influencing the design of hydraulics and other components for agricultural equipment.

Several industry trends are bringing new design needs, and thus opportunities, to the fluid power sector.

Positive market conditions for the hydraulics sector and its various customer markets will drive growth for hydraulic fittings in the coming years.

Several market factors are benefitting the hydraulics, pneumatics and electric motion technology sectors.

Improved efficiency and space claim are among the market factors driving development of hydraulic components and systems which are more compact in size.

NFPA data shows shipments of hydraulics and pneumatics increased compared to the previous month.

NFPA data shows pneumatics remain a positive sector for fluid power as shipments continued to increase in July 2023.

The acquisition of Clearpath Robotics by Rockwell Automation shows interest in mobile robots is growing in manufacturing and other applications.

The 2023 NFPA Technology Roadmap outlines the key areas in which the fluid power industry should focus future development initiatives.

Increased deployment of mobile robots in various industries will lead to growth opportunities for the components which enable their operation.

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.

Electric vehicles, digitalization and supply chains are among the key trends presenting new opportunities as well as challenges for the tribology and lubrication industry.

Investments in automation and new application uses will drive growth for the motion controls market in the coming years.

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...

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

Growing use of electronic controls is enabling hydraulics to meet the performance requirements of increasingly electrified and automated mobile equipment.

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

Corey Holloway of anyseals provides insight into the current market conditions for O-rings.

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