EUROPEAN REMANUFACTURING NETWORK REPORT ESTIMATES €30BILLION INDUSTRY POTENTIAL
The European Remanufacturing Network (ERN) estimates the current size of the European remanufacturing industry to be just under €30bn, employing around 190,000 people. An extensive market study however shows that with supportive governmental policies and industry investments, the industry could grow to €90bn by 2030 and employ as many as 255,000 people. As Europe’s manufacturing powerhouse, Germany undertakes the most remanufacturing by a significant margin, making up almost a third of European remanufacturing turnover.
The full report can be viewed and downloaded here.
The Scottish Institute for Remanufacture (SIR), through Dr Winifred Ijomah and the remanufacturing research team, is a founding member of the ERN. An EU Horizon 2020 research programme, with a £1.2M grant, was started in February 2015 to establish the network. It comprises eight EU institutions, will run for two years and aims to establish a long-term network as the focus for remanufacturing academics, industry and government interactions.
SIR has built strong links with leading national and international research centres with overlapping research themes, as well as key players in conventional manufacturing and remanufacturing organisations.