April 28, 2013

Zurich Insurance Group (Zurich), a leading multi-line insurance provider in North America released recently a new infographic to help students, business leaders, and entrepreneurs prepare for the next decade of America's economic evolution.

The graphic, which was created by revisiting 10 prior decades of industrial change, suggests that manufacturing, energy and agriculture industries will once again become hot categories. In addition, changes in technology will transform services and the ways in which people keep themselves healthy.

What's next for American industry? It's back to the future as energy, agriculture, and manufacturing become hot industries once again, and services go through a radical transformation toward personalization.

 

New technologies for design and manufacturing will enable a vast array of both existing and previously unimagined goods to be produced not just "in America" but "in the home." For most of the decade, new technologies like 3D printing will seem a disappointment — fun for hobbyists, but not of practical value for entrepreneurs. By the end of the decade, however, that will change. Large companies will rethink their relationships with their customers as localized production tools and capabilities become increasingly ubiquitous. Homegrown "exporters" will start to connect with "importers" anywhere in the world as "scale out" technology flattens supply chains. All the while, advanced techniques for manufacturing in factory settings will continue to enable a US revival in "scale up" production as well.

Download Zurich's full research report that highlights predictions regarding the next decade's hottest growth industries: "Growth Opportunities for the American Worker: Hottest Growth Industries by Decade 1890-2020."

 

Posted in 3D Printing Technology

 

 

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