Agricultural Market WeaknessTough market conditions are expected to persist, with major OEMs predicting further volume declines, particularly in the agricultural sector.
Market Volume RisksMarket volumes remain at risk due to reliance on components from regions subject to US tariffs, potentially impacting indirect market effects.
Tariff And Macroeconomic UncertaintyThe ongoing tariff war contributes to macroeconomic uncertainty, reducing market visibility and affecting sentiment surveys.