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This publication, developed in collaboration with Bain & Company, presents circular trends and strategies for the European machinery and equipment industry, enabling it to overcome supply chain challenges, decarbonise faster and stay competitive.
The European machinery and equipment industry is integral to the clean energy transition and today’s innovative and tech-driven economy. Yet despite the importance of green growth, the industry remains an energy- and resource-intensive part of the economy. This publication proposes five circular strategies for the European machinery & equipment industry, zooming in on two product groups—wind turbines and industrial water pumps. By adopting these strategies, the industry can increase its circularity from the current 30% to 64%, become more resilient and journey towards net-zero.