Market Insight

15-May Bi-Weekly Update : Machinery Production and Industrial Automation Equipment Market

May 15, 2020  | Subscribers Only


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For 2020, the growth rate of global machinery production and industrial automation equipment (IAE) remains at -15.9% and -11.6% respectively. Omdia forecasts that spending on new machinery and plant expansion will be kept to a minimum as there are still many uncertainties, like a second wave of the COVID-19 pandemic and potential trade disruptions.

Research by Market
Manufacturing Technology
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