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Thursday, November 30, 2023
Positive Outlook for Fluid Power Despite Electronics Making Inroads
Power & Motion: After a few years of strong growth, the consensus is that the global economy is headed for a slowdown in 2024. However, a positive outlook remains for the fluid power and electronic motion control sectors as efforts to electrify vehicles and machines continue as well as infrastructure and reshoring projects – all of which will help drive demand for motion control components.
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Something that has always interested me was sustainable power. And power in general. The idea of something giving something else energy and ‘life’ in a way is really cool to me. Especially those that are not in a natural way. Man made power is something sought and fought after. Natural resources can become scarce in the future so ways of replicating power are important. I think that renewable energy is something that should be talked about everyday. The top three renewable energy sources are Hydro power, wind power and solar power. I think our society is moving towards these things as well as not. As technology takes over our world how will we simply revert back to simple ways and simple living. I just don't know if this is possible, it is quite scary to think about the future in this daunting way. However, if we look at it in a ‘positive’ light as the article suggests– maybe our future isn’t so grim?
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