Megatrends DRIVE GROWTH
Long-term macroeconomic and societal development trends impact and change the world around us. The following megatrends support the successful implementation of our strategy, shifting weights as we continuously adapt our business model.
Increasing concern for the environment
Customer need: The scientific community and public opinion accept climate change as a fact, creating demand to reduce the environmental impact of world trade. Legislation, our customers and their customers require ships, ports, terminals and surrounding cities to be quieter, safer, more energy-efficient and low in emissions.
Our answer: Our eco-efficient portfolio includes digitalisation and automation solutions, electric and hybrid offerings that reduce the environmental impact of our customers’ operations. The demand for eco-efficient products and solutions is estimated to grow in the future, creating growth opportunities for us.
An example: Electric versions of Kalmar’s empty container handlers, terminal tractors, forklift trucks, etc.
Customer need: The world’s population today is 7.7 billion and it is estimated to reach 10 billion by 2056 (UN estimate). The increasing global population drives the consumption of goods and materials. This fuels global trade which in turn increases the demand for cargo transportation.
Our answer: With our advanced solutions, equipment, services and software all across the global cargo flow network, we continue to seek ways to meet the increasing demand, and improve the efficiency and productivity of cargo handling in all our business areas.
An example: Kalmar One (an open automation system for container terminals).
Customer need: In the coming decades, the share of the world’s population living in cities will grow from 55 percent to almost 70 percent. Urbanisation requires infrastructure and housing construction in cities, with city logistics to sustain them. This creates demand for efficient load handling and waste management equipment and solutions. In densely populated cities, load handling solutions must be quiet, safe and low in emissions.
Our answer: Our load handling solutions are used in urban locations and surrounding areas. Hiab’s advanced on-road load handling solutions are well suited for construction, logistics and waste handling use in urban locations.
An example: Electric MOFFETT truck mounted forklifts.
GDP per capita growth / World trade growth
Customer need: GDP per capita is expected to grow roughly by four percent over the next years, indicating continued growth in economic productivity, economic wealth, and ultimately, consumption power. The demands of the global cargo flow network will expand as more developing countries rise. This not only drives world trade, but also expands the global trade network across the world.
Our answer: As cargo moves across land and sea, Cargotec’s business areas are present throughout the global cargo flow network – maritime, ports and on-road. This puts us in a prime position to truly influence efficient global cargo flow with our premium load and cargo handling solutions.
An example: MacGregor’s Cargo Boost solution, aimed at improving ship utilisation and reducing fuel consumption.
Customer need: Global energy demand is estimated to grow by 1–2 percent per year during the next few decades. The growing energy demand creates a need to further explore, produce and transport energy from various sources. Global energy mixes are also changing, with increasing focus on renewable energy and energy conservation.
Our answer: Our reliable products and efficient solutions are required to support the production and transportation of energy, both in traditional fossil fuels and renewable energy. We provide advanced solutions to help customers reduce inefficiencies and environmental impact.
An example: MacGregor’s offshore solutions.
Customer need: The rapid development of digital solutions continues in all areas of the society. Customers seek intelligent cargo handling solutions that can support them in optimising their operations, improve productivity and safety and reduce inefficiencies and emissions.
Our answer: Our business areas are present across the cargo flow network, enabling us to draw valuable insights across the value chain. With these insights, we are able to shape the cargo handling industry by providing digital software, automation and intelligence solutions. These solutions seek to solve inefficiencies in the global cargo flow, helping our customers succeed in their endeavours while reducing environmental impact.
An example: Hiab’s HiVisionTM crane operating system and the HiConnect platform.