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The global industrials sector* includes manufacturers and distributors of capital goods for aerospace & defense, building products, electrical equipment, machinery, as well as construction and engineering services. It is a sector that leverages significant capital investment, cutting-edge innovation, and complex global supply chains to literally build the foundations of the modern global economy.
Although this industry is accustomed to change, the pace has significantly accelerated since 2020. In recent years, industrials sector leaders have already overcome a global pandemic, supply chain bottlenecks, historic inflation, the largest war in Europe since WWII, manufacturing localization pressures, growing demands to reduce carbon footprint, and increasingly persistent talent scarcity. This ManpowerGroup Global Insights report analyzes the top five trends impacting this industry and its workforce today.