In the August market update, factors affecting the market remain almost the same, with order backlogs from 2022 currently supporting the growth for 2023 amid weakening global demand.
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August 2023 Update: Machinery Production and Industrial Automation Equipment Markets
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Data / 04 Jul 2023 / Baldesh Singh
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Industrial Automation Equipment Market Tracker – 2Q23 Data
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The Analyst Team
Lisa Wang
Follow AnalystSenior Analyst, Manufacturing Technology
As part of Omdia’s Manufacturing Technology team, Lisa Wang focuses on the industrial automation equipment and medium voltage motors segments, with a particular focus on global and regional automation market trends, key factors affecting the automation market, and changes in trends for various industries. Lisa has also carried out extensive research on various segments of the medium voltage motors market.
Lisa joined Omdia (formerly IHS Markit) in 2013. She has been studying the automation market in depth for five years, having previously focused on the Chinese machinery equipment market. Many clients recognize her analyses and insights in the automation field. She is currently based in China.
She holds a bachelor’s degree in marketing from Tian Jin University of Commerce.
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