1、#GetTheFutureYouWantThe resurgence of manufacturingReindustrialization strategies in Europe and the USExecutive Summary In recent times,Europe and the US have been significantly affected by unprecedented domestic and external disruption,from the global pandemic and geopolitical upheaval to sea chang

2、es in government regulation and game-changing technological advancements.The concept of“reindustrialization,”which we define as the reconfiguration of global supply chains and manufacturing capacity,often with the aim of bringing them closer to or even within domestic markets,has gained momentum in

3、the international business dialogue.Driving this is the imperative to promote supply chain resilience and flexibility;increase both the availability and appeal of skilled manufacturing jobs;meet climate targets;re-establish national security in strategic sectors,and regain the manufacturing might th

4、at the industrial powerhouses of Europe and North America once enjoyed.Within the past couple of years,most large organizations in our survey have begun to formulate strategies to revitalize their industrial sectors proactively calling for action from governments.The rapidity with which reindustrial

5、ization has taken hold is remarkable.Our research reveals that total reindustrialization investment by European and US organizations is projected to reach$3.4 trillion over the next three years.Among the organizations in our survey,this represents an average allocation of 8.7%of revenue.2Capgemini R

6、esearch Institute 2024The resurgence of manufacturing:Reindustrialization strategies in Europe and the USExecutive Summary Organizations recognize the imperative to reindustrialize Seven in 10 organizations identify supply chain resilience defined as the ability to adapt and respond quickly to opera