Megatrends DRIVE GROWTH
Long-term macroeconomic and societal development trends impact and change the world around us. The following megatrends support our strategy and journey to become the global leader in sustainable cargo flow.
Global growth & economic development
Description: Population growth, urbanisation, rising economic wealth and productivity shape the global economic development. The world’s population today is around 8 billion and estimated to reach closer to 10 billion by 2050. Simultaneously, the share of the world’s population living in cities is expected to grow from 55 percent to 80 percent. At the same time the global GDP per capita is growing.
Implications: Global and economic growth drive consumption, world trade and demand for sustainable cargo transportation. Urbanisation requires infrastructure and construction, with logistics to sustain cities. Load handling solutions must be safe, quiet and low in emissions.
Examples from Cargotec offering: Kalmar One, MacGregor Cargo Boost solution, Hiab construction and waste management (segment) solutions.
Description: Today, consumer and investor behaviour is increasingly guided by the environmental, social and governance dimensions of sustainability. Governments, investors, companies and consumers now demand concrete actions to address climate change and protect ecosystems. Cargotec perceives sustainability as a great business opportunity, especially within climate change mitigation.
Implications: Our customers face increasing pressure from stakeholders to address climate change in their operations and industries. Also other aspects of ESG, such as safety, are key challenges customers need to solve and mitigate. Sustainability presents great opportunities for us to leverage existing and innovate new solutions to help our customers.
Examples from Cargotec offering: Kalmar fully electric portfolio, MacGregor offshore wind offering & range of electric cranes, Hiab electric load handling solutions.
Description: The rapid development of digital solutions continues in all areas of society. Today, we see a greater emergence of disruptive technologies, such as 5G and artificial intelligence, which enable data-based services and new business models.
Implications: Customers seek intelligent solutions that can help them optimise their operations, improve productivity and safety, and reduce inefficiencies and emissions. Our business areas are present across the cargo flow network, enabling us to gain valuable insights throughout the value chain and shape the cargo and load handling industry by providing value adding software, automation and intelligent solutions.
Examples from Cargotec offering: Kalmar Insight, MacGregor OnWatch Scout solution, Hiab HiConnect platform.