Industrials: Key Developments and Predictions for 2023​

The year 2022 saw industrial players lay down the fundamental infrastructure of the sustainable transition. From expanding the growth of mature technologies like wind turbines to breaking ground on new innovative approaches like low-carbon concrete, it was a banner year for the systems and materials needed for a sustainable transition. At the same time, the energy space was upended by the war in Ukraine. Innovation in the sustainable transition has become a national security priority, with governments prioritizing domestic supply chains and moving to limit the spread of innovations. Industrial players will face tough choices in 2023 as they seek to accelerate the sustainable transition — and their own growth — while navigating these challenging dynamics. ​