You are on page 1of 2

NFPA MONTHLY SCOREBOARD

www.nfpa.com

FLUID POWER GROWTH


he latest data published by the HYDRAULIC AND PNEUMATIC SHIPMENTS

T National Fluid Power Association


(NFPA) shows the 12-month moving
average of shipments for pneumatics,
hydraulics and total fluid power continues
to grow. The year-to-date percentage
change for total fluid power shipments in

(Base Year 2018 = 100)


August 2022 is 16.4%. Mobile hydraulic
orders received from September 2021
to August 2022 are 113.1% of orders
from September 2020 to August 2021.
Based on raw index data, pneumatic,
mobile hydraulic and industrial hydraulic
shipments all increased from last month. This graph of 12-month moving averages shows that in August 2022, total fluid power, total pneumatic
Among all indicators of the state of the and total hydraulic all increased.
economy, fluid power touches nearly all
segments and can help identify business PNEUMATIC, MOBILE AND INDUSTRIAL HYDRAULIC ORDERS INDEX

trends ahead of many other signals. n


SHIPMENTS
TOTAL FLUID POWER
June-22 15.5%
July-22 15.2%
August-22 16.4%
TOTAL HYDRAULIC
(Base Year 2018 = 100)

June-22 18.1%
July-22 17.8%
(Base Year 2018 = 100)

August-22 19.0%
TOTAL PNEUMATIC
June-22 7.6%
July-22 7.1% Each point on this graph represents the most recent 12 months of orders compared to the previous 12
August-22 8.1% months of orders. Each point can be read as a percentage. For example, 125.0 (the August 2022 level of
The table above is expressed in terms of cumulative the industrial hydraulic series) indicates that industrial hydraulic orders received from September 2021 to
percent changes. These changes refer to the August 2022 were 125% of the orders received from September 2020 to August 2021.
percent difference between the relevant cumulative
total for 2022 and the total for the same months TOTAL: HYDRAULIC AND PNEUMATIC SHIPMENTS
in 2021. For example, August 2022 pneumatic
shipments figure of 8.1 means that for the calendar
year through August 2022, pneumatic shipments
increased 8.1% compared to the same time-period
in 2021.
(Base Year 2018 = 100)

ABOUT THE
ABOUT
SCOREBOARD THE
SCOREBOARD
This information is drawn from data collected from
This information
more is drawn fromofdata
than 85 manufacturers fluidcollected
power products
from more than
by NFPA’s 80 manufacturers
Confidential of fluid power
Shipment Statistics (CSS)
products
program.by More
NFPA’s Confidential
information Shipment
is available Statistics
to NFPA
(CSS) program.
members. For More information
information is available
on membership to
contact This graph of raw index data is generated by the total dollar volume reported to NFPA by CSS participants
NFPA
NFPAmembers.
at (414) For information on membership,
778-3344. and compared to the average monthly dollar volume in 2018. For example, the August 2022 total dollar
contact NFPA at (414) 778-3344.   volume for pneumatic shipments is 119.8% of the average monthly dollar volume in 2018.

NOVEMBER 2022 | DIESEL PROGRESS | 13


CANDELA
HYDROFOIL

Battery-powered
CANDELA EMPLOYS
HYDROFOIL DESIGN
TO INCREASE RANGE,
ENHANCE USER
EXPERIENCE. BY
CHAD ELMORE

C
andela has focused
on converting the
electric boat into a
mainstream product since it
was founded in 2014. The company
has been especially busy in the past year:
Its hydrofoiling speedboats are now in
the hands of dozens of end-users around
the world, it has opened a sales office in
California’s Bay Area, announced commercial
variants of its pleasure boats, and selected
a battery supplier – the latter being one of
the most important developments for any companies

PHOTOS: CANDELA
Candela will source
electric vehicle. is an attempt lithium-ion batteries from
Swedish electric luxury car brand Polestar to overcome Polestar, a luxury car brand with
will provide battery and charging systems what it sees as two roots in Sweden and China.
for Candela’s flying boats, in a deal the major hurdles to the
latter company said will allow it to tap into electrification of boating.
automotive battery technology to swiftly The first is the massive energy consumption
scale up production and bring its mass- of conventional powerboat hulls, which it
market electric boats closer to reality. said is an obstacle that has been cleared The Candela C-8 (shown) is the Swedish boat
“To make electric boats mainstream, we using hydrofoil technology. The company builder’s second model to go into production,
need to build thousands of boats every year,” said the design cuts the energy usage of following the limited run of C-7s. Sales have
said Gustav Hasselskog, founder and CEO powerboats by up to 80%. been particularly strong in the United States.
of Candela, Stockholm, Sweden. “Polestar is The second hurdle, said Candela, has
a dream partner for us. While electrification been the prohibitively high cost of marine
of cars has come a long way in the last few batteries. Boat builders, it said, typically rely
years, the marine sector has fallen behind. on smaller, boutique vendors of marine
Marrying our efficient hydrofoil technology to battery packs, and their relative scarcity and
high-capacity batteries from Polestar means high unit cost has prevented electric boats in
we can speed up the mass market adoption general from achieving parity with engine-
of electric boats together.” powered vessels.
Candela said the deal between the two “With this partnership with Polestar,

14 NEW POWER PROGRESS NOVEMBER 2022

You might also like