1、the stateof the industrialgoods sector2024Optimism in the faceof uncertaintyNorth America EditionTABLE OFCONTENTSOverview of sector development3Key findings and trends4Inside the industry5A bright future,tempered by uncertainty19Methodology20Leading the world5Back to basics10Supply chain resilience1
2、2131517Artificial intelligence Workforce performanceSustainability Oliver Wyman3The State of the Industrial Goods Sector 2024:North America EditionOVERVIEW OFSECTOR DEVELOPMENTThe North American industrial goods sector continues to be strong:Profits are up,CEOs are optimistic,and companies are looki
3、ng to expand.Overall,its a rosy picture but one that requires consideration of some important nuances and caveats to properly evaluate.To get a comprehensive perspective on the state of the industry and its biggest priorities and challenges going forward,we interviewed leaders in the field,conducted
4、 online surveys,and analyzed more than 1,000 public companies worldwide.As was the case the previous year,the prevailing sentiment was very positive.For example,on average,executives we spoke with rated the sectors condition an 8 on a scale of 1 to 10.Still,industrials are subject to the same macro
5、factors that are disrupting businesses in other sectors.Government regulation and protectionism,volatile inflation,and geopolitical turmoil constantly threaten to erode stability and spiral costs to unmanageable levels.Difficulties with inventory and regulations on Scope 3 emissions are seemingly al
6、ways looming on the horizon.All this uncertainty leaves the industrial goods industry at an inflection point.The sector has ample reason to feel good about itself now.To keep things that way,it will need to remain steady when adopting hedging mechanisms and making decisions on future investments ami