Aerospace sector on an upswing globally; recession impact unlikely: Eaton’s Goh

The aerospace industry, comprising research, development and manufacturing of the entire gamut of systems, electronics and equipment for both civil and defence segments, is currently witnessing an upswing globally and is unlikely to see any alarming signs of recession, said Desmond Goh, Managing Director-Asia Pacific, Aerospace Group, Eaton, a Dublin-based intelligent power management company that reported annual revenue in excess of $20 billion in 2022, in an interview.

The aerospace industry, comprising research, development and manufacturing of the entire gamut of systems, electronics and equipment for both civil and defence segments, is currently witnessing an upswing globally and is unlikely to see any alarming signs of recession, said Desmond Goh, Managing Director-Asia Pacific, Aerospace Group, Eaton, a Dublin-based intelligent power management company that reported annual revenue in excess of $20 billion in 2022, in an interview. Edited excerpts: