奥纬咨询：2025年北美非道路设备工业用品行业研究报告：下一发展纪元行业新规则（英文版）

Sentiment decline: Even for an industry constantly going through cycles, the current downturn has been fast and deep. On a scale of 1 to 10, executives on average gave industrials’ current condition a rating of 5.7, down from 8 last year. Sentiment was especially low in agriculture, which is experiencing meaningful revenue declines. Looking across sectors, OEMs generally have a more positive view than component suppliers. Tariffs become a distraction: In our survey and interviews, 68% of comp