Industrial Production and Manufacturing Awards
The Industrial Production Awards aim to celebrate the key players and leading innovators across this integral sector.Vote now
About the Industrial Production and Manufacturing Awards
The Business Concept is proud to announce the launch of the inaugural Industrial Production and Manufacturing Awards! This brand-new programme is being introduced to celebrate the key players and leading innovators across this integral sector. Industrial Production plays a crucial role in the development of many other industries, ensuring that people all over the world have access to the products and services that shape their daily lives.
Industrial Production has faced numerous challenges over the past couple of decades. During this time, technology-focused Silicon Valley grew in influence and became the dominant market for investors, leaving Industrial Production and Manufacturing companies grossly underfunded and suffering from declining workforce numbers. Now in the post-Covid world, the sector is experiencing a well-earned bounce back. The demand for Industrial services is expected to increase significantly over the next several years, according to a recent report by Precedence Research. It is anticipated that factors such as globalisation, returning interest from investors, the adoption of lean manufacturing, and other technological innovations across the sector will be the main drivers of this growth.
Internationally, the resurgence of Industrial Production is clear. During the pandemic over one million manufacturing and production jobs were cut in the US, but data now shows that by the third quarter of 2022 the number of jobs that have been added back now exceed those initially lost. Likewise, in Europe roughly 15% of the entire working population are employed in the Industrial sector. These figures illustrate that many countries are once again prioritising Industry as a vital aspect of their economies, with market trends showing that production capacity is also being strengthened in multiple areas such as Clean Technology, Semiconductors, and Agriculture.
The current energy crisis had posed many difficulties for Industrial Production, which as one of the more consumption-heavy sectors has felt the effects of volatile pricing and gas shortages more sharply than others. However, the industry continues to be robust, with many finding inventive ways to reduce energy usage and continue operating through trying times. This resilience and innovation are what The Business Concept will be looking to reward with the release of our Industrial Production and Manufacturing Awards 2023.
The experienced team at The Business Concept will select recipients using publicly available sources and a thorough set of assessment criteria. Our in-house researchers and judging panel will be looking for firms who have gone above and beyond over the past twelve months, rewarding those who have increased production volume, reduced waste, improved factory processes, and have been committed to excellence in both customer and employee satisfaction.
Those successful within the Industrial Production and Manufacturing Awards 2023 will be given the opportunity to take advantage of various digital and physical marketing tools. These options include editorial coverage in our dedicated winners’ supplement, bespoke trophies, digital badge logos, along with e-newsletter and website inclusions, and much more! We also ensure that free-of-charge celebratory packages are available to all recipients, so there truly is something to fit every budget level. If you are interested in being involved in the first ever Industrial Production and Manufacturing Awards, please don’t hesitate to submit your company using the nomination form provided!