IndustryWeek parent company Endeavor Business Media’s many trade publications share industry specific outlooks for the coming year.

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Editor’s note: This story original ran Dec. 21, 2022, with a smaller number of stories from our partner publications. It has been updated with more outlook stories and a collection of coverage from IndustryWeek.

Our primary task at IndustryWeek is covering the manufacturing world, but we can’t get to every topic that might interest our readers. Thankfully, our parent company, Endeavor Business Media, has a lot of publications that regularly provide insights into various major industries and niche markets. As we wrap up 2022, here’s a look at how experts in several markets see 2023 developing.

  • Optimism remains despite headwinds: Laser Focus World reports that optimism is high for the technology heavy market that’s critical to computing, manufacturing, healthcare and many others.
  • 2023 Chemicals Industry Outlook: Brace for Challenges: Chemical Processing editors found considerably less optimism in that field. While pockets of strength remain, higher interest rates, slower economic growth and flagging consumer demand could all reduce next year’s earnings for processors.
  • Five Trends in Energy I’ll Watch in 2023: T&D World (Transmission and Distribution) editor Teresa Hansen shares key topics she’ll be watching in the new year as the electric utility world deals with a rapidly evolving environment. From extreme weather to new security concerns, that market promises to remain dynamic in the coming year.
  • Rental Expectations 2023: Rental Equipment Register editor Michael Roth writes that construction and industrial equipment rental companies are still somewhat optimistic for 2023, but enthusiasm is tempered compared to 2022. As Glen Leppo of Leppo Rents and Bobcat of Ohio puts it, “I am expecting 2023 to see increased rental demand in some markets with others softening considerably, as opposed to the demand from all markets we saw earlier in 2022.”
  • 2023 Annual Report & Forecast Overview: Staying in the construction space, Construction Equipment’s annual report and forecast includes polling data from builders who predict a “very good” 2023, matching expectations (that were met) for 2022.
  • 2023 Fluid Power Market Outlook: Slowing Growth Cycle Ahead: Power & Motion editor Sara Jensen expects growth to slow in the hydraulics and pneumatics world next year, but it should continue to grow. As one industry watcher put it, “declines will be nothing like those seen in 2008, and the past 2 years were periods of robust growth.”
  • What Will the Supply Chain Look Like in 2023?: MH&L (material handling and logistics) looks at the biggest news driver in manufacturing for 2021 and 2022—the snarled supply chain. Problems from international instability, cybercrime, material shortages and environmental regulations will continue to challenge companies, but there are steps leaders can take to mitigate their supply chain risks.
  • 2023 Food and Beverage Industry Outlook: Food Processing magazine Senior Editor Pan Demetrakakes looks at how food producers are dealing with inflation, whether 2022 price increases will stick and how upset consumers are with food producers following those price increases. And, as with other industries, the supply chain remains a big question for 2023.  Continue reading….