Factory activity in the US hit its highest level in 37 years in March signaling the beginning of the recovery from the COVID-19 pandemic.
The Aerospace & Defense sector utilizes some of the most advanced technology in the world and spends more than $30bn annually on R&D.
Industry insiders anticipate there will be more innovation in the automotive industry in the next 10 years than it has seen in the last 100.
The Chemicals industry converts raw materials into over 70,000 different products and has an impact on over 96% of manufactured goods.
This $4.9 trillion industry is dominated by, with the exception of the United States, countries from the Asia Pacific region.
Industry 4.0 is putting traditional machinery OEMs under threat as digital providers look to move into the space as new competitors.
Oil and Gas
Accounts for around 7% of global GDP and provides the dominant source of fuel for modern industry and most forms of transportation.
Increasing global electricity consumption is putting a strain on current grid infrastructure creating competition to improve the service.