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Modest global manufacturing growth expected

Control Engineering

Manufacturing insights Manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labor shortages continue to hamper US manufacturers. Chinese manufacturing economy gets back on its feet after a turbulent period. in 2023.

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Geared products market to grow by 7.2% in 2022

Control Engineering

2022 has been another good year for the geared products market, but a small decline is expected in 2023 followed by a return to growth in 2024. In terms of application, machinery manufacturers are the major consumers of geared products. Following behind the APAC region, the Americas market is predicted to experience a CAGR of 4.1%

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