A report from Roland Berger shows that the Capital Goods Sector performed incredibly well during the pandemic, and the industry is poised for a stronger rebound in the coming years.
But despite the wave lifting everyone, some manufacturers performed better than others.
The report highlights regional performance variation, ranking capital goods manufacturers into four groups: profitless growers, underperformers, cash generators, and winners.
Some characteristics of winning manufacturers include strong business leadership, strategic coherence, financial scale, and proven execution in key areas such as communication and portfolio management.
Besides evaluating performance, Roland Berger researchers also highlighted four megatrends already reshaping the capital goods market. These include:
– A shift towards regionalization of supply chains
– Adoption of new digital technologies
– An increased focus on sustainability
– Growing demand for integrated solutions that provide a competitive edge