Because of high economic volatility and uncertainty, Working Capital Requirements (WCR) increased by 2 days globally in 2024. Working Capital Requirements (WCR) rose by +2 days globally in 2024, reaching 78 days – the highest level since 2008 – with no major signs of easing in early 2025.
Robotics investment grew by almost +230% over 2019-2024 and the market is poised to outpace USD100bn by 2030. China has become the largest consumer of robots by far, accounting for 51% of total annual installations of industrial robots and its robotic industry is growing steadily.
Europe is on a path to a long-overdue reconstruction of its defense industrial base. Years of fragmentation, underinvestment and external dependencies have eroded its capacity to equip and sustain its own armed forces.