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Industrials
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While the U.S. is seeing strong industrial re-shoring and investments in sectors like manufacturing and LNG, Europe has been slower to follow this trend
Nucor shared updates on its raw material strategy, particularly around low-copper shred and low-emission iron-making.
Oshkosh has shifted its distribution strategy in the Refuse segment to better target non-fleet customers and boost aftermarket sales.
The future of Transcat’s client-based labs (CBLs) appears to be in a holding pattern. Currently, the number of CBLs has remained steady, but growth seems uncertain.
Data center operators and hyper scalers are creating a notable surge in demand for renewable energy, although the complete scale of this demand is still under evaluation.
Siemens is seeing rapid expansion in its data center business, fueled by growing demand for AI and digitalization.
Honda is facing a challenging landscape in China, where hybrid car sales have been declining and there’s a strong push towards new energy vehicles (NEVs).
The upcoming election is expected to create a mixed impact on momentum within the solar industry.
The Global Automotive Industry Market is expected to reach USD 6,861.45 Billion by 2033, growing at a CAGR of 6.77% from 2024 to 2033.
The Trucks market is projected to experience significant growth in the coming years. In 2024, the market is expected to reach a total of 3.75 million vehicles units in unit sales.
Volkswagen is prioritizing long – term value creation over pure sales volume in China, where the company has seen a 47% increase in BEV (Battery Electric Vehicle) deliveries, driven by the Volkswagen ID Family.
The solar energy market is on track for significant growth, with the installed capacity projected to soar from 2.13 terawatts in 2024 to 8.49 terawatts by 2029, fueled by a 31.85% compound annual growth rate (CAGR).