Aerospace
The aircraft order backlog is at its historical peak of more than 14,000 – about 38,000 aircraft are expected to be produced globally over the next 20 years, according to Deloitte.
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LYNQ is reinventing manufacturing execution system (MES) software for manufacturers running job shop, batch production or production lines within discrete or process driven environments.
Automotive
The global automotive industry’s revenues exceed US$4 trillion, with 600,000 individual businesses directly employing nearly 5.7 million people. Its condition affects the wealth of nations.
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Chemicals
Chemical manufacturing is at the root of all other manufacturing activity. It is energy-intensive, costly and has a high carbon footprint, with petrochemicals the highest of any sector.
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Construction
Nearly every country needs to build more homes to house growing populations. Research shows that England alone, for example, has a shortfall of 3.91 million homes; the UK government has set a new home building target of 300,000 a year until 2031. The current rate of new build is around 200,000.
Electronics
The electronics sector has one of the diversified product bases of any industry in the world. Global growth rate was in excess of 4% in 2018, led by Asia and the Americas (5% each), with Europe lagging (2%). OEMs are increasingly seeking partnerships with electronic manufacturing services (EMS) companies in designing sub-assembly and finished products.
Food & Beverage
By 2050, 10 billion people will live on the planet. More people means greater food production, with pressure on land usage, meaning increasing pressure to deliver more for less. Food companies are under constant pressure to reduce waste, lower energy bills and maintain margins while powerful customers, locked in price wars, look to squeeze prices.
Glass & Ceramics
The global ceramics industry is worth over US$130bn and directly employs nearly a million people. Its products are found in packaging, sanitary ware, building materials, aerospace, automotive and medical solutions. By far the largest share of glass production (45%) is for containers. Flat glass, primarily for automotive and construction, represents 16% of the market.
Industrial Equipment
Machine builders, typically, are horizontally-aligned asset assemblers and their business relies on subcontracting most, or many, of their parts. They have less control over component pricing and if the component is supplied by a small number of suppliers who raise prices in unison, they are hit hard. But for most machinery makers the markets are vast.
Life Sciences
Biosciences and medicine manufacture have some of the most exciting and technologically advanced improvements across all industry. One big driver is personalised medicine, making treatments specific to the patient but at the same or similar cost to mass-produced therapies.
Metal Fabrication
Metal fabrication involves a range of processes: cutting, burning, welding, machining, forming, and final assembly. Producers range from small job shops to multinational conglomerates.
Oil & Gas
Six of the world’s top ten companies are in the oil industry. Nearly 1.4 million people were employed in the industry in the USA alone in 2015, even after the oil price fell from $125/barrel to less than $50. Global demand in 2018 totalled 99.3 million barrels per day and is projected to increase to 101.6 million barrels/day in 2020. The industry as a whole is facing major change.
Paper Products
Although printed newspapers and magazines are in decline, the pulp and paper industry continues to grow, driven by demand from packaging, industrial and construction processes, and use in health, hygiene and wellness products, and cleaning materials. Traditionally made from wood and cellulosic fibres, the paper will often contain fabrics, recycled paper and, more recently, specialist polymers.
Plastics & Rubber
The plastics and rubber industries are subdivisions of the chemical industry; around 60% of the world’s rubber is now produced synthetically. Global plastic production is led by China. It was 350m tonnes in 2017, with packaging accounting for 36% of the total. The world market for plastic products is forecast to reach US$1.2 trillion by 2020.
Printing & Media
Printing and media includes marketing and promotional literature, and publishing books, magazines, and digital media. With some exceptions, the general trend has been the steep rise of websites and digital media, especially media tailored to smartphones, and e-books, and the gradual shrinkage of printed magazines and books. Including digital however, the global magazine publishing market is expected to grow at a CAGR of 2% from now to 2023.
Textiles & Clothing
Between 60 and 75 million people were employed in the textile, clothing and footwear sector worldwide in 2014; more than three times the number employed in 2000. Its total value is estimated at US$1209bn; just over half ($621bn) is women’s wear.
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