Honeywell Technologies Increases 2026 Forecast Amid Strong Demand for Data Centers and AI
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- ManufacturingDive.com
Honeywell Technologies has raised its full-year 2026 guidance following a robust third quarter, as reported by CEO Vimal Kapur during an earnings call. The company experienced significant year-over-year sales growth, with an 8% increase in Building Automation and a 16% rise in Process Automation and Technology, although this was partially offset by a decline in Industrial Automation sales.
The growth is attributed to strong demand signals across various key end markets, particularly in industrial and building automation sectors. Honeywell Technologies has repositioned itself as an industrial automation solutions provider after spinning off its aerospace operations in June 2026, and it anticipates continued growth in Process Automation and Technology, driven by a solid project backlog and global energy investments.
Looking ahead, Honeywell Technologies is optimistic about the future, with CEO Kapur highlighting a multi-year growth trajectory for the Process Automation segment. The company has secured over $1 billion in process technology orders since Q1 2026, indicating strong demand for its automation technologies, particularly in the liquefied natural gas and data center markets. No further timeline was disclosed at the time of publication.
Original report
Honeywell Technologies raises 2026 outlook due to data center, AI demand
ManufacturingDive.com · Nathan OwensThis briefing is an independently written summary based on publicly available reporting and is provided for industry information and news discovery. The original report and source publication are credited and linked where applicable. RobotToday does not claim ownership of third-party source material.
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