European industry is a key driver in the currently undergoing economic and societal transitions. In order to remain the engine of prosperity, industrial ecosystems will not only need to develop, but also deploy technologies and reshape their goods and services towards a new reality, ensuring that industry can become the accelerator and enabler of the twin green and digital transition. The success of the latter will strongly depend on an increased autonomy in key strategic value chains with security of supply in raw materials as well on a human-centred and ethical development of digital and industrial technologies, through a two-way engagement in the development of technologies, empowering end-users and workers, and supporting social innovation. The PROSPECTS 5.0 project will analyse how these principles – human centricity, sustainability, and resiliency – are being adopted by start-ups, SMEs, mid-caps and big industrial groups in various industry sectors to facilitate their transition to the Industry 5.0.

Project activities are based on real-world examples, namely 14 use-cases from different European Union and Horizon Europe associated countries (Norway and Türkiye) and 6 different industry sectors: manufacturing, IT service, education, energy, aviation and automotive. The selected industrial sectors are significant drivers for the adoption of Industry 5.0 and are crucial to the European economy. PROSPECTS 5.0 results are expected to encourage collaboration between different entities involved in the transition to the Industry 5.0, including companies, research centres, universities and public authorities. This will result in the analysis of the pilot use-cases, which will measure the impact of Industry 5.0 principles on various parameters in the selected industry sectors, providing recommendations for the emerging policy framework and further improvement of the skills, understanding and acceptance of the workers and end-users.