This report provides a global overview of industrial trends from 2021 through to 2026 for the key manufacturing and service sector industries. Insights analyse long-term global trends that can help businesses adapt to changes in the production and supply network, and identify business opportunities.
This report comes in PPT.
Changes in legislation and consumer preferences have put pressure on companies to meet sustainability goals. The “green revolution” provides new growth opportunities and can help to reduce energy costs. Moreover, companies are increasingly prioritising environmental, social and governance (ESG) policies and practises in response to the rapidly rising importance of ESG principles and issues.
To enhance operational efficiency, manufacturers are expected to increase investment in new technologies and digitisation. Use of the Internet of Things (IoT), data analytics, cloud computing, artificial intelligence, robotics, additive manufacturing and 5G networks will help to improve supply chain management and rearrange industrial processes in more flexible ways.
Companies are aiming to make their supply and production networks more resilient. Investment in digital supply chain management tools, and diversification of the supplier pool is expected to increase flexibility and reduce costs. Meanwhile, production localisation is forecast to increase in critical industries to prevent future risks and disruptions.
As companies continue to navigate pandemic challenges, the focus has shifted towards operational flexibility and agility, helping to boost resilience and responsiveness to unforeseeable changes in the business environment. Major efforts are aimed at scaling operations, employment of virtual processes, exploring new partnerships, as well as adoption of strategies that address workplace safety, skills gaps and labour shortages.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!