manufacturing-trends

Perspectives

Coming down the line

Manufacturing disruptions for the next decade

The 21st century has brought about emerging manufacturing technologies that quicken the pace of disruption and an imperative for manufacturers to prepare accordingly. Our infographic illuminates five disruptors, including manufacturing technology trends that hold the most potential for provoking paradigm changes in the next decade.

Thirty-five percent of today’s manufacturers could be disrupted in 10 years by these key five factors

Deloitte has identified five disrupting factors and manufacturing technology trends that are expected to have an impact throughout the industry in the next 10 years. Insights from the new infographic include:

  • The significant impact that trade restrictions will likely have on margins
  • How a greater majority of income will likely be driven by new digital revenue streams
  • The percentage of production lines that will likely be inhabited by robots and cobots
  • The significant effect electrification will likely have on transportation fleets
  • The effect a near-term economic downturn will likely have on manufacturing

Explore the full infographic to delve further into how these factors and emerging manufacturing technologies could disrupt your sector.

Future shifts in industrials

What do these five factors and manufacturing technology trends mean for the coming decade?

Creating resilience in manufacturing

Downturns can strike unexpectedly. And while recessions are a natural part of the market cycle, resilient companies employ strategies to survive—and then thrive—in the eventual recovery. Our new article, Did someone say recession? How manufacturers can create resilience during downturns, identifies signals and patterns from past recessions and shares approaches that manufacturers previously employed to aid in their postrecession recovery.

Navigating the impact of new trade policies

Over the past three decades, globalization transformed the manufacturing ecosystem. However, manufacturing now appears to be entering a new period, with trade agreements—both bilateral and multilateral—fracturing long-held assumptions. Deloitte’s new article, Changing global trade policies and manufacturing: How can manufacturers navigate the dynamic trade climate? models three possible scenarios of future trade, including two scenarios of escalating trade tensions in the future.

Will disruption define the decade?

Manufacturing technology trends not only have the ability to streamline and create efficiencies—they also have the potential of disrupting legacy methods.

There is no doubt that the industry is facing a number of disruptive trends and that the new normal will need to be one of creating resilience ahead of them, using digital technology to anticipate the changes coming as early as possible in:

  • Economic cycles
  • Trade dynamism
  • Digitization
  • Talent and the future of work
  • Electrification

Read our full report, Navigating disruption, to better understand how these factors have the potential to create seismic shifts in manufacturing and how creating action plans for each can mitigate some of the uncertainty of the coming decade.

Endnotes

1 Deloitte industrial products analysis using Unanimous AI’s Swarm platform.
2  Paul Wellener, Heather Ashton Manolian, and Stephen Laaper, Distinctive traits of digital frontrunners in manufacturing: Embracing the Fourth Industrial Revolution, Deloitte Insights, 2018,
https://www2.deloitte.com/content/dam/insights/us/articles/4625_Distinctive-Traits-of-Digital-Frontrunners/4625_Distinctive-Traits-of-Digital-Frontrunners.pdf
3 Deloitte Skills Gap Study 2018
4 National Association of Manufacturers, NAM Manufacturers’ Outlook Survey, Fourth Quarter 2019, December 19, 2019,
https://www.nam.org/wp-content/uploads/2019/12/NAM-outlook-survey-2019-q4.pdf 

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