The demand for Oerlikon technologies is fueled by the need for better performance, efficiencies and sustainability.
In the mid term, Oerlikon’s key markets are expected to have a CAGR of 2 % to 4 % over the next five years. To seize growth opportunities, Oerlikon is addressing engineering, technology and service challenges in each market in close cooperation with customers.
In their 2017 Agricultural Outlook, the UN and OECD projected that the world population will reach 8.2 billion by 2026. At the same time, they expect agricultural markets to face flat or declining commodity prices and remain weak, while future growth in crop production will be attained mostly by increasing yields. To achieve this, the agriculture industry is pressured to be more efficient and productive, leading Grand View Research to project that the agriculture equipment market will reach USD 243 billion in 2025, suggesting a robust CAGR of 7 %.
