Megatrends driving our business
We have identified the following megatrends that shape our markets and provide business opportunities: Sustainability, Digitalization and automation, and Geopolitics and macroeconomics.
Sustainability
Digitalization and automation
Geopolitics and macroeconomics
Sustainability
In Konecranes’ customer industries, companies and regulators alike have increased their ambitions to decarbonize operations. Konecranes supports this development through its own ambitious climate targets and an eco-efficient offering, and aims to have carbon neutral own operations by 2030. Our products are designed to combine productivity with eco-efficiency, and our extensive service offering lengthens the lifecycle of sold products and supports circular business models. Safety is incorporated into the design, construction, maintenance and service of our products.
Digitalization and automation
Digitalization is accelerating within the industries we provide solutions to, and customers increasingly explore digital solutions to enhance productivity, safety and sustainability. We’re a technology leader in material handling, developing smart, connected products and autonomous solutions, and harnessing the advantages of our purpose-built componentry, technical knowledge and digitalization. Our extensive digital offering supports our position as the supplier of choice, while also providing data that supports us in perfecting offerings such as predictive maintenance. Konecranes applies industry best practices within cybersecurity to provide safe digital solutions to customers.
Geopolitics and macroeconomics
Geopolitical events such as the war in Ukraine do not only bring human suffering – they create disruptions in our operating environment as seen in supply chain challenges, rising energy costs and inflation. These constraints were prevalent across the world in 2022, also impacted by regional COVID-19 related lockdowns. In addition, the increased protectionism over the past few years is reflected in our operating environment.
From onshoring to protecting vulnerable supply chains, our approach is to continuously evaluate our supply network and strengthen it to weather changing external conditions. Our diversified business portfolio and industry-leading position also help protect us from regional and segment volatility.