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Friday, 14 January 2022 16:17

New SEMA Market Research Report: Supply Chain Issues Expected to Ease by End of 2022

Written by Kyle Cheng, SEMA

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The ongoing supply-chain disruption has had ripple effects throughout the global economy, including the specialty-equipment industry.

More than 80% of industry companies reported having severe or moderate impacts in 2021 because of it, including production delays, shipping issues and higher prices. However, this year should be better.

 

According to the latest “SEMA Future Trends” report, more than 80% of industry companies reported having severe or moderate impacts in 2021 because of supply-chain disruptions, including production delays, shipping issues and higher prices.

 

By the end of 2022, SEMA Market Research projects that the most pressing issues with the global supply chain should improve in the second half of 2022. However, prices may remain elevated for longer and likely into 2023.

 

Want to learn more? Interested in seeing what the forecast is for the specialty-equipment industry moving forward? Download the new “SEMA Future Trends–January 2022” report. In it, you’ll find:

 

  • Outlook for the specialty-equipment industry in 2022 and beyond.
  • Projections for the U.S. economy, including consumer spending, inflation and employment
  • Outlook on the global supply chain and input prices.
  • A look at changing demographics of consumers, and what that means for the industry in the future.

 

Download this report today at www.sema.org/research.

 

Join the SEMA Market Research team as they discuss this report and the overall outlook for the future in an upcoming webinar: “Outlook for 2022: Industry Forecast, Supply Chain Projections and Changing Consumer Demographics.” This webinar will take place at 11 a.m. PST Jan. 19.

 

Register now!

 

Source: SEMA

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