The Engineered Components business stands to gain from rise in the projection for automotive production globally, partially offset by softness in the North American market. Also, aging population requiring medical attention, governmental spending on infrastructure development and better operating conditions in international markets served will be advantageous. On the flip side, industry competition, delays or difficulties in research and development of products and technologies, inflation in input price or supply shortage and adversaries arising from businesses in international arenas might temper the growth momentum.