Four drivers of the global manufacturing revival
Four drivers of the global manufacturing revival
key takeaways.
- AI is a primary driver of the current manufacturing revival across regions and sectors. A more competitive, multipolar world is also leading to increased defence spending and industrial activity
- Protectionist US trade policies have seen some manufacturing repatriated; crucially they have spurred other countries to boost goods exports and production, taking advantage of more stable US tariff policies than in 2025
- Countries are investing more in energy security given a combination of geopolitical tensions, oil price volatility and rising energy demand
- A unique investment cycle spanning technology, defence, energy and infrastructure is broadening corporate earnings growth and underpins our global equity overweight.
We examine how AI investment, rising defence spending, trade realignment, and energy security are fuelling a global manufacturing rebound and broader equity earnings.
Rising security needs
US tariffs and trade protectionism
Energy security and oil price volatility
related content.
investment solutions.
learn moreinvestment insights
Autonomous vehicles will shift the insurance paradigm
Equity market implications
CIO Office Viewpoint
important information
This is a marketing communication issued by Bank Lombard Odier & Co Ltd (hereinafter “Lombard Odier”).
It is not intended for distribution, publication, or use in any jurisdiction where such distribution, publication, or use would be unlawful, nor is it aimed at any person or entity to whom it would be unlawful to address such a marketing communication.
investment insights
Solid Swiss foundations stand up to global strains
investment insights
US midterms point to volatility, then investment opportunities
investment insights