Digitalization and electrification are driving a revolution in fluid power, moving from niche innovations to core product enhancements to enable are becoming staples of product enhancements in the fluid power industry. These enhancements can mitigate challenges from shifts in population density, project speed, and regulations, in addition to delivering higher efficiency and product performance while reducing emissions. In addition, the movement to digitalize and electrify hydraulic products can lead to predictive maintenance, a vital part of maintaining uptime in a climate of high demand for construction projects.

This white paper reviews how the fluid power industry is adapting to the trends of digitalization and electrification and describes technology advancements that industry participants can find at the IFPE trade show in March of 2023. IFPE is the best collection of innovation, trends, and leaders within fluid power, delivering three years of innovation updates in a single week.

In this paper you will learn:

• New products and technology rollouts presented for the first time
• How digitalization and electrification are enabling the megatrends shaping the fluid power industry in 2023 and beyond
• How electrification is augmenting - not replacing - core hydraulic power to boost efficiency and performance
• Insights and trends from key industry leaders for how digitalization and electrification can extend your asset life