Industrials -Primed To Fire On All Cylinders 2021 – Will it be able to overcome the winds?

Highlights of the report

The industrial sector is comprised of companies that mainly focus on manufacturing, delivery of goods, and commercial services. The sector features fourteen different industries including: aerospace & defense, air freight & logistics, airlines, building products, commercial services & supplies, construction & engineering, electrical equipment, industrial conglomerates, machinery, marine, professional services, road & rail, trading companies & distributors, and transportation infrastructure.

Industrials Sector Report - Primed To Fire On All Cylinders 2021

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Even though 60% of the global GDP is contributed by the Service sector, it is heavily dependent on the manufacturing goods for their operation & for their technological progress. For e.g., Facebook & PUBG are pure examples of a service-based industry that generates their revenue by using goods like Desktop & Mobile Phones.

It is not usual to see economic indicators paired with historic labor and supply chain challenges. But this seems to be the trajectory for US manufacturing in 2022 emerging from the pandemic. Industrial sector saw a strong recovery post the pandemic after months of suppressed demand. However supply chain issues, labor shortages and inflation are playing spoilsport for the sector by limiting production.

According to Robotics and Automation, the total industrial robot units stood at 381,000 globally as of September 2020. China accounted for 140,500 of them, which equates to more than one-third of the industrial robots sold worldwide.

Executive Summary
• Key Players
– Caterpillar Inc.
– Cummins Inc.
– ABB Ltd
– Roper Technologies, Inc.
– 3M Company
– Deere & Company
– Eaton Corporation plc
– Emerson Electric Co.
– Illinois Tool Works Inc.
– Parker-Hannifin Corporation
– Dover Corporation
– Fortive Corporation
– AMETEK, Inc.
– Keysight Technologies, Inc.
– ArcelorMittal

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Industrials -Primed To Fire On All Cylinders 2021 – Will it be able to overcome the winds?



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