Teik Chuan Goh

Teik Chuan Goh

Teik Chuan (TC) Goh is an Analyst in the Manufacturing Technology group at IHS Markit. His focus is researching and analyzing global machinery sectors, which includes materials handling machinery, machine tools, and food and beverage machinery. He also assists with producing the quarterly updates of the global machinery production market tracker and the industrial automation capital expenditure tracker. Prior to joining IHS Markit, TC Goh was a Server and Storage Advisor at Dell. He was involved in deployment, performance management and designing server clusters for Dell’s premium customers. TC holds a degree in Computer Science from the University of Greenwich, UK. He is based in the IHS Markit office in Pulau Pinang (PENANG), Malaysia and can be contacted at [email protected]


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

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.

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Manufacturing Technology
01-May Bi-Weekly Update : Machinery Production and Industrial Automation Equipment Market

For 2020, the growth global machinery production has been revised downward from -15.1% to -15.9%. Global growth for the industrial automation equipment (IAE) market remains at -11.8%. Omdia forecasts that spending on new machinery and plant expansion will be kept to a minimum, as uncertain recovery timelines insert caution into the markets. However, as factories come back online, especially in China, spending on automation equipment is necessary to ramp up production and ensure existing operations continue to run smoothly.

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Manufacturing Technology
Machinery Production Market Tracker - Process Summary - 2020

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Manufacturing Technology
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