The importance of rethinking supply chains with a view to resilience and promotion of open, free and multilateral trade. The role of public stimuli in supporting the economy G7 in a phase of profound industrial transformation imposed by the current economic, environmental and geopolitical situation. The need for greater collaboration between G7 countries on digital investments and AI to improve economic competitiveness, increase productivity and promote long-term sustainable growth. The urgency of a common regulatory approach and of robust and resilient infrastructures imposed by the rapid development of AI and other digital technologies together with the diffusion of technical skills and ethical principles to ensure their responsible use. These are some of the priorities for the G7 identified in nota B7 Flashthe analysis of Confindustria and Deloitte developed on the occasion of the first B7 event scheduled in Verona on 13 March and the G7 Ministerial “Industry, Technology and Digital”, scheduled for 14 and 15 March in Verona and Trento.
“The digitalisation is fundamental for all industrial sectors, both private and public: as B7 we will work to promote digital skills beyond the boundaries of companies and also reach public administrations, in order to strengthen the security of access to data and provide same businesses and citizens with more efficient and safer services”, he underlines Emma Marcegaglia, B7 Chair. “We are aware of the risks associated with AI and the G7 is committed to developing harmonized codes of ethics. It is a decisive step: the B7 is ready to develop policy recommendations to allow AI applications to unfold their full positive potential, making the industry of our countries increasingly stronger and more competitive”.
“The challenges linked to digitalisation and the related technological, infrastructural, training and new investment implications are the protagonists of the era we are living in”, he comments Fabio Pompei, CEO Deloitte Central Mediterranean. “Digital transformation and Artificial Intelligence have revolutionary potential and an unprecedented speed of evolution which, if properly addressed, will allow us to increase productivity and competitiveness in all sectors, while promoting more inclusive growth. To fully seize the opportunities of this revolution and assume a position of global leadership, it is necessary for businesses and institutions to work closely together, accompanying the G7 in the radical change underway. For Italy, much will depend on how we use the extraordinary resources that the Next Generation EU dedicated to the digital transition, which represent a unique development opportunity for our country”.
The manufacturing industry in the world: exceeded 16 trillion dollars in 2022
Il global manufacturing sector reached a value of 16.2 trillion dollars in 2022, with an increase in global added value of 3.6% (2024-2028) and an average weight of around 16% on global GDP, despite some phases of oscillation in the recent years (-3% in 2020, +18% in 2021, +1% in 2022). Manufacturing is a decisive driver of GDP for the G7 (in particular in Germany, Japan and Italy) and a fundamental item of exports: in 2022, Germany exported 1,632 billion dollars, Japan 751 billion dollars, while Italy reached 623 billion dollars.
Digitalisation: investments of 3.4 trillion expected by 2026
A critical factor that increasingly impacts the manufacturing sector is digitalisation: In 2022 in Europe (including the UK), 69% of manufacturing companies have adopted advanced digital technologies in production. The figure rises to 98% on average across Germany, Japan, the United Kingdom and the United States. In 2023, the most digitally mature companies recorded an EBIT 6% higher than the less mature ones. In this framework, global investments – public and private – for digital transformation are expected to reach $3.4 trillion by 2026, with a CAGR of 16.3% from 2023.
Manufacturing and innovation: Smart Factory, Industry Automation and Digital Twins assert themselves
Innovation in manufacturing has led, among other things, to the concept of Smart Factory, or the integration between digital technologies and hardware to optimize processes and products. The Smart Factory represents the evolution of the programs Industry 4.0 and it is estimated that in 2026 its market value will reach 165 billion dollars worldwide, with annual growth of 20.6%. Other notable innovations include theIndustry Automationwith a global value of approximately $200 billion in 2024, and the Digital Twins (virtual replicas of physical products), market estimated at USD 6.7 billion by 2025.
Artificial Intelligence: a global market worth 946 billion dollars expected by 2030
Il Artificial Intelligence market it could reach 373 billion dollars in 2024 and 946 billion dollars by 2030. In particular, the value of the market for Machine Learning (528 billion dollars), ofAI generative ($207 billion) and AI applications to robotics ($37 billion by 2030). As regards the impact on the different regions of the planet, it is estimated that in 2030 the AI market will reach 202.5 billion dollars in Europe (with leverage on related industries equal to 8.8% of GDP), the 237 billion dollars in the USA, 105 billion dollars in China and 15 billion dollars in India.
AI: the most promising sectors and the most impacted sectors
In 2023 the most adopted AI applications wererobotic process automation (in 39% of companies), the computer vision (34%), i natural language models (33%) and the virtual agents (33%). 43% and 48% of US and Canadian companies, respectively, have implemented AI R&D initiatives as early as 2022, while China led global adoption (58%), followed by India (57%). The management of supply chains and production activities are the sectors most impacted by the adoption of AI which, in 2022, affected 40% of companies. While in marketing & sales, after-sales services and product development, adoption stood at 6% of cases.
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– 2024-03-16 18:21:11
