Proof Point
Citi Research found that 72% of companies surveyed believe that automation and 3D printing will lead to reshoring of manufacturing processes
Belief That Automation and 3D Printing Will Lead to Increased Reshoring
2016 (percentage of respondents)
| Note: | Data based on Citi Research’s survey of 238 institutional clients across different sectors |
Proof Point Findings
- Reshoring – Bringing manufacturing processes back to the company’s domestic country from overseas, enabled by various manufacturing innovations, such as 3D printing and robotics
- Manufacturing Innovation Impact – Most respondents (72%) believe manufacturing innovations will drive companies to reshore parts of their supply chain, with 20% saying impact will be significant
- Winners and Losers – North America (22%), Europe (17%), and Japan (16%) have most to gain from automation, according to respondents, while China (24%), ASEAN (18%), and Latin America (15%) have most to lose
- Key Drivers – Include increasing cost-effectiveness of automation options over labor expenses in emerging countries, better management of supply chain processes, lower energy costs in more advanced countries, increasing consumer demand for locally produced goods, and faster turnaround times
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Accelerator |
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Business Model and Practices Business Model |
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Sector |
Industrial Manufacturing, Information Technology
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Source |
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Date Last Updated |
May 26, 2017
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