Do not delete! This box/component contains JavaScript that is needed on this page. Our digital media platform offers many opportunities for promotion through independent advertising in the digital magazine, banners, sponsored articles, sponsored content in our Resource Center and independently authored content. How will the trends we watched in 2019 play out in 2020? A version of this article was originally published in Manufacturing Automation magazine – Jan 2020. 2019 began with the US and global manufacturing sectors experiencing continued growth, though recently the manufacturing sector has slowed as the risk for a downturn in global manufacturing increases. This message will not be visible when page is activated. 2020 is the year we are likely to see the much talked about 5G to be rolled out on a much larger … With that in mind, here are four key trends to keep an eye on as OEMs prepare for the months and years ahead: From the rise in sustainability requirements to the growth in “as-a-Service” business models, 2020 stands to be one of the most interesting years in manufacturing yet. 105 Eisenhower Pkwy, Shifts in consumer buying habits leading to greater personalization and customization of products are driving demand for faster and more flexible production lines. While the potential for uncertainty may continue for the foreseeable future, manufacturing leaders should increase resilience in their operations and double down on the core of their portfolios. Motor Drives Become the Frontlines of IIoT and Predictive Maintenance. Test equipment can be expensive, both to purchase and operate, and can have a large footprint, using up factory space that could be put to more productive use, and increasing outlay on factory building leases. Simulation is the best response to relentless market pressures in the manufacturing industry, the drive to improve quality and the increasing need for flexibility.
The uncertainty appears likely to continue into 2020, and thus manufacturers’ optimism has experienced a noteworthy setback. WordPress Download Manager - Best Download Management Plugin. motion control products will outpace the growth of global manufacturing production from 2020 onwards, China’s Manufacturing Industry in 2020 and Beyond, 3 Mistakes Truck OEMs Are Making With Their Electrification Strategies, The Low Voltage Motor Drive Market – 2020, Manufacturing Industry Output (MIO) Tracker, Predictive Maintenance in Motor Driven Systems – 2020, Automotive Design, Test and Simulation Solutions Market – 2019, Incumbent OEMs Should Be Worried About Arrival’s 10,000 Electric Truck Order From UPS. It’s a new decade – read on for what our CEO Adrian Lloyd says manufacturers should expect in 2020. What are the key trends, challenges, and opportunities that may affect your business and influence your strategy?
Fullwidth SCC. While US manufacturing indicators have been positive through the first two quarters of 2019, in August the US PMI joined the global trend with its first below-50 reading (49.1) in more than three years. Volvo says that simulated testing of the XC60’s vehicle dynamics has reduced the process from days to hours. Our industry outlook collection, covering Oil, Gas & Chemicals; Power & Utilities; and Industrial Products & Construction, evaluates sector landscapes to help executives better plan for success and unforeseen challenges. 2020 Manufacturing Industry Outlook Industrial wearables. DTTL and each of its member firms are legally separate and independent entities. Manufacturing leaders can begin by examining current supply networks and considering how they could build additional agility throughout, including adding digital technologies that increase visibility and transparency to drive the ability to flex production and resources as necessary. Please enable JavaScript to view the site.
2020 is in full-swing and with it comes a host of new key trends. At the design stage, modelling and simulation reduce costs by cutting out the need for physical prototypes … Adrian has been conducting research on, and managing teams of analysts covering, the technology industry for over 20 years. This is not just a manufacturing trend, but it is also becoming a fashion trend …
These “smart sensors” allow information to be communicated about the motor, bearing block, fan or compressor that they are attached to, and point to a future where advanced software algorithms can predict motor failure well before it actually happens – “predictive maintenance.”. Navigate COVID-19’s impact on the manufacturing industry …
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