Innovation Engine Report

2023 Industry Outlook PROCESS > DD Underlying Sales > HYBRID > ALDD Underlying Sales > Energy transition spend continues to accelerate LNG momentum in North America and Middle East Power & renewables demand momentum in U.S. Reshoring trends driving life sciences activity Lithium and battery metals driving investment in Australia, U.S., Mexico and Southern Cone Battery manufacturing investments in U.S. and Asia DISCRETE & OTHER > LSD- MSD Underlying Sales > Factory automation demand slowing 16 Commercial markets facing tough comparisons EMERSON

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