120
Banking & Capital Markets CEOs
11
Countries
$500m
USD+ liikevaihto
Today’s business landscape is fast-moving and unpredictable, characterized by geopolitical tensions, regional conflicts, stuttering economic conditions, and rapid technological change. It’s a potent mix of factors that may keep any CEO up at night.
Despite this, the KPMG 2024 Industrial Manufacturing and Automotive CEO Outlook, based on the views of 240 leaders in the sectors, finds that CEOs are generally optimistic, with their eyes turning toward a growth agenda.
Industrial manufacturing and automotive are dynamic, evolving industries. They make a significant contribution to national economies. They often sit at the heart of local communities, providing employment opportunities in an exciting and varied place to work.
For all these reasons, despite the many pressure points, there is a bold future ahead. CEOs are aware of the hurdles they must negotiate – but they are also confident about the opportunities in front of them.
KPMG 2024 Industrial Manufacturing and Automotive CEO Outlook
Explore how industrial manufacturing and automotive CEOs are navigating through global turbulence by betting big on AI.
Download the full report (PDF 2.9MB)Key findings from our research
74%
Seventy-four percent of respondents are confident in the growth prospects of the global economy.
70%
More than 70% of industrial manufacturing (IM) and automotive CEOs believe that generative AI will not fundamentally impact the number of jobs but will require upskilling and existing resources to be redeployed.
95%
Ninety-five percent of CEOs shared that within three years’ time they predict a full return to office.
30% and 33%
The number one concern for automotive CEOs (30%) is the number of employees retiring coupled with a lack of skilled workers to replace. While IM CEOs identify their number one concern as the knowledge transfer between employees (33%).
74% and 38%
While 74% of IM CEOs believe that their greatest barrier to achieving net zero is the complexity of decarbonizing supply chain, this belief is only shared by 38% of Automotive CEOs that responded.
Contact us
Anders Hahnsson
Director, Head of Industrial Manufacturing
KPMG Suomi
