“We expect double digit growth in aftermarket in 2024.”

In context

“ere just because it's -- obviously it's been a -- that that particular area has had a big downturn here. Vimal Kapur: Yes, I can start there and Greg can join. Look the pipeline, if I compare simple facts, our pipeline in Jan of 2024 compared to Jan of 2023 for warehouse automation projects, it's up nearly 30%. So what it tells us is that, the basic value proposition and the long-term trend of warehouse automation are intact. But customers willingness to invest in this very tight market or uncertain market is what is holding them back for making capital decisions. So we remain absolutely convicted on this business and the foundational actions we have taken on continue to grow our aftermarket, they are really paying off. I mean, our aftermarket businesses crossed $0.5 billion mark in 2023. We expect double digit growth in aftermarket in 2024. And you can expect the business almost cupping a half project and half aftermarket in this year. So as the market confidence returns, we'll see the growth back, and that's supported by the pipeline we have and activity in the market. Peter Arment: Very helpful color. Thanks. I'll leave it at one. Vimal Kapur: Thank you. Operator: Thank you. And our next question will come from the line of Joe Ritchie with Goldman Sachs. Your line is now open. Joe Ritchie: Thanks. Good morning, guys. Vimal Kapur: Good morning, Joe. Joe Ritchie: Maybe circling back to Nigel's question on pricing, the three points that's embedded into your expectations, is that disproportionately coming from Aero? Or how do I just kind of think about pricing across the segments? Greg Lewis: Yes. So, Aero is probably on the m”