2021 Energy, Resources, and Industrials Industry Outlooks

Annual perspectives on sector trends

Our industry outlook collection, covering oil, gas, and chemicals; power, utilities, and renewables; and industrial products and construction, evaluates sector landscapes to help executives better plan for success and unforeseen challenges.

Finding opportunities amid uncertainty: Unpacking the 2021 trends

The upheaval of 2020 has inevitably shaped the trends and outlook for 2021. Areas that stand out as bellwethers across sectors in 2021 include accelerated reliance on digital technologies; growing concern about exposure to further trade issues; finding new growth markets or applications; and making supply chains more robust, including by “reshoring,” “nearshoring,” or diversifying to new areas and suppliers to create more agility.

The pandemic has helped accelerate reliance on digital technologies across sectors. In oil, gas, and chemical companies, remote monitoring and increased analytics have assisted in opening up new cost-saving avenues in the face of low prices and reduced hiring. For smart manufacturers, digital technologies have helped improve worker safety and have also facilitated ecosystems, which provide measurable benefits to manufacturers. In the power, utilities, and renewables sectors, the move to digital solutions is motivated by the growing role of distributed energy resources on the grid.


Read our 2021 energy, resources, and industrials industry outlooks to explore the trends and critical business issues of your sector:

Oil and Gas Industry – The oil and gas industry is used to the highs and lows of economic cycles. The downturn caused by COVID-19, however, is unlike any other. With the survival of many companies at risk, coupled with a longer-term decline in petroleum demand, the next decade could look very different for the oil and gas market. Explore what the next year may look like in our 2021 outlook.

Read more:  2021 Oil and Gas Industry Outlook

Chemical industry – To succeed amid ongoing challenges in the chemical industry, companies should implement strategic initiatives in areas such as R&D and technology—including both short- and long-term focused efforts. Explore five trends companies in the chemical goods industry could see emerging as they deal with disruption in 2021.

Read more: 2021 Chemical Industry Outlook

Manufacturing Industry – 2020 has been a year like no other in recent history, and the manufacturing industry has felt the impact. Along with declines in production, forced shutdowns in the early days of the pandemic caused a significant dip in manufacturing employment levels. In our 2021 outlook, we look at the future of manufacturing and outline four trends for the year ahead.

Read more: 2021 Manufacturing Industry Outlook

Eengineering and construction industry – The  engineering and construction (E&C) industry began 2020 on a bright note—and then COVID-19 hit. Despite the challenges that have resulted, there are reasons to be optimistic. Explore five engineering and construction industry trends that will impact the coming year, from connected construction to new business models.

Read more: 2021 engineering and construction industry outlook

Aerospace and defense industry  – Manufacturers are at continued risk for disruption. Amid ongoing volatility in costs and policy decisions, how can the manufacturing industry remain resilient? Our 2020 manufacturing outlook provides insights to help leaders navigate uncertainty and increase operational flexibility for the future.

Read more: 2021 aerospace and defense industry outlook

Power and utilities industry Industry – In 2020, the power and utilities (P&U) industry led the clean energy transition despite federal policy headwinds—and COVID-19 helped solidify the urgency. How will the energy industry converge as players seek to serve a growing clean power industry in an economy moving toward electrification? Explore five P&U trends as we enter a new landscape.     Save for later

Read more: 2021 power and utilities industry outlook

Renewable energy industry  Industry – The potential for increasing renewable energy demand, combined with the electrification of transportation and industrials and oil and gas companies’ increased participation in the electricity value chain, is accelerating industry convergence. Explore how these trends could help foster collaboration and what the year ahead may look like for the renewable energy industry.

Read more: 2021 renewable energy industry outlook

Oliko tieto hyödyllistä?