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Smart Manufacturing Market To Reach US$573B By 2027

Smart Manufacturing Market to Reach US$573B By 2027

The global smart manufacturing market is expected to reach $573 billion by 2027, growing at a compound annual growth rate (CAGR) of around 13 percent during the 2020–2027 forecast period, according to Acumen Research and Consulting.

Smart manufacturing is a method to automate manufacture of products and transaction processes. Intelligent manufacturing requires the use of automation devices and the purpose of this phase is to use information technology (IT) to support the global economy. This output reduces the workload and makes the process more efficient.

The smart manufacturing network enables the usage of integrated equipment for automated processing of the manufacturing company. These development markets are growing due to various sectors, like automobile or process manufacturers, such as chemicals and oil and gas. Smart manufacturing reduces depletion and increases manufacturing performance significantly—thus increasing productivity and resulting in long-term cost advantages.

READ: Smart Manufacturing, Digital Continuity To Provide More Visibility In Factories Of The Future

READ: Manufacturing In Asia Post COVID-19

Market dynamics

The key driving factor in the growth of the smart manufacturing market is the advances in technology and the development of more innovative technologies and products, including cloud computing, sensors, robots, 3D printing, and Industrial Internet of Things (IIoT), among others.

Another major factor that is having a significant effect on market growth is the significant developments undertaken by technology suppliers as well as businesses to introduce innovative technologies to maximize productivity minimize manufacturing errors and automate processes.

Some of the most important factors for smart manufacturing development are the positive influence of policy programs and investments in supporting smart manufacturing. It is anticipated it will continue to boost growth in both developed and developing economies. For instance, the China 2025 Made in China Plan will spend more than $3 trillion in advanced manufacturing.

Another significant factor that is projected to fuel the demand growth of smart manufacturing is the increasing emphasis among manufacturers on real-time data analysis. This is to increase visibility in terms of predictive system maintenance, in order to prevent repairs during operations.

 

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Omron Releases CP2E Series All-In-One Controller For Compact IoT Applications

Omron Releases CP2E Series All-In-One Controller For Compact IoT Applications

OMRON Automation has released its new CP2E Series all-in-one controller that provides advanced control enabling IIoT connectivity for compact machines. The controller improves manufacturing productivity and quality by making it easy to visualise the performance and data of connected machines through simple programming.

Manufacturers are constantly driven to streamline their processes from machine setup to operation and maintenance. Even with compact machines and limited budgets, it’s essential to make good use of production data to visualise machine performance and prevent unexpected shutdowns. However, these demands are difficult to meet because they often require an expensive controller to build an IIoT ready system.

The CP2E enables IIoT connectivity for compact machines cost-effectively. It collects machine performance data and shares the necessary information with enterprise networks, while the predefined program data and function blocks allow anyone to set up machines to perform complex control virtually. This dramatically reduces the time required for programming, testing, debugging, and maintenance.

In addition, the CP2E’s extended operating temperature range makes it a reliable option for machines in non-manufacturing industries, such as infrastructure and agriculture, where the demand for controllers is increasing. These industries typically use non-standard controllers that customers have to manage and maintain using their own expertise, since environmental resistance as well as IIoT is crucial. The CP2E gives these customers a more user-friendly option.

Key features and benefits :

  • Improved connectivity for Ethernet and serial devices– The CP2E has two Ethernet ports with Ethernet switching function – host and HMI connectivity. Up to three serial ports are available for open connectivity to serial devices.
  • Reduced effort for the setup of complex machines– Function blocks make it easy to achieve 4-axis positioning function with linear interpolation, and the CP2E also provides a PID control with autotuning function block for stable temperature control.
  • Simplified troubleshooting- The CP2E’s input/output terminal LED indicators ensure quick and easy root cause identification, while the controller’s ability to automatically detect and recover from bit corruption increase machine efficiency and avoids CPU stops.
  • Increased peace of mind- The CP2E is a reliable “install and forget” solution for demanding environmental conditions, as its extended operational temperature increases reliability in special applications and its battery-free operation reduces maintenance costs.

 

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5G Integration In IIoT Systems Accelerates Industry 4.0 In The Wake Of Pandemic

5G Integration In IIoT Systems Accelerates Industry 4.0 In The Wake Of Pandemic

The integration of 5G in Industrial Internet of Things (IIoT) systems will accelerate the realization of Industry 4.0 with high-speed, low-latency, and large-volume data transfer. This, according to latest research from market analyst Frost & Sullivan. In its report, Frost said while the application of 5G-enabled IIoT is currently limited to quality inspections, supply chain management, and generic machine control, key system manufacturers are actively exploring other areas in industrial operations where the benefits of 5G connectivity can be leveraged for process optimization and increased automation.

“Incorporating 5G in IIoT devices will enable low latency, increase data throughput, and reduce operation time, thus leading to improved overall process productivity,” said Mogana Tashiani, Frost & Sullivan Technical Insights Research Analyst. “Apart from enhancing the automation of industrial operations and control, 5G-enabled IIoT devices can also minimize the complexity of supply chain networks and warehouse management, helping businesses to efficiently operate in dynamic business environments.

“5G will play a key role in ensuring the sustainability of businesses in the wake of the COVID-19 pandemic. The low latency will aid in managing the high traffic to e-commerce by improving network accessibility at a faster pace, accelerating online purchases and order placements. Furthermore, 5G-integrated IIoT devices have the potential to disrupt traditional on-site job functions through remote working and virtual meetings. COVID-19 has led to a massive shift to remote working to maintain business operations on par with on-site job operations.”

The automotive manufacturing industry is one of the key sectors that can leverage the growth opportunities from 5G’s integration into IIoT. 5G facilitates data transfer among AI algorithms, sensors, and mechanical parts to navigate self-driving or autonomous vehicles.

In addition, 5G-enabled vehicles establish a connected system in which real-time data transferring and receiving can be achieved conveniently and effectively. Apart from vehicle-to-vehicle communication, interaction with traffic system is possible with 5G technology, which enables data transmission beforehand to achieve practical navigation for certain road conditions.

 

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LVD Discusses Challenges And Opportunities In Thailand

LVD Discusses Challenges And Opportunities In Thailand

Joshua Tan of LVD talks about the company’s Thailand market, the challenges and opportunities they are seeing in the region, and how they are helping customers move to Industry 4.0. Article by Stephen Las Marias.

LVD Discusses Challenges And Opportunities In Thailand

Joshua Tan

Established in 1952, LVD Group is a sheet metal machinery company, producing laser cutting, punching, and bending machines, as well as software. Founded by Jacques Lefebvre, Marc Vanneste and Robert Dewulf, the family owned company is now being managed by the second generation of the three founding families. Based in Gullegem, Belgium, the company has production facilities in Belgium, United States, France, Slovakia, and China, and is active in more than 46 countries around the world.

In Thailand, LVD has been present for around 35 years now. The company currently has about 12 employees covering sales and marketing, as well as service support for customers in the region.

At the recent METALEX 2019 trade exhibition in Bangkok, Thailand, Asia Pacific Metalworking Equipment News spoke with Joshua Tan, general manager of LVD (Malaysia) Sdn Bhd, about the company’s Thailand market, the challenges and opportunities they are seeing in the region, their latest innovations, and how they are helping customers move to Industry 4.0.

TELL US MORE ABOUT YOUR OPERATIONS IN THAILAND.

Joshua Tan (JT): We have sold around 1,100 machines now in Thailand, for which we continue to provide service and support. Right now, Thailand is a bit flat because of certain situations such as the US-China trade war, and then the government infrastructure projects have not been really benefitting the local fabricators or local companies. Our customers are not seeing a lot of projects that are needed for them to invest in more machines.

Nevertheless, Thailand remains a huge market, and a very competitive one. Apart from the European brands, we are now also competing with a lot of Chinese manufacturers who are coming in. Although some are touch-and-go, others are being represented by a lot of different agents.

So, in terms of the competitiveness of the market, I would say it is quite challenging in Thailand. But LVD has been present here for a long time, and we will are still seeing the market on a stable growth mode.

WHAT OPPORTUNITIES ARE YOU SEEING IN THE REGION?

JT: In terms of opportunities, the government is still putting investments in infrastructures: ports, airport expansions, highways, and others all over Thailand. With all these investments, we are seeing there’s a demand for machineries to support these kinds of projects. These are opportunities—but we hope this will not be only for a specific country or a specific contractor to benefit from; it should benefit the local players in Thailand.

Secondly, I would say automation. Even though automation in Thailand has already matured, especially in the automotive sector, it is still rather new when it comes to sheet metal machinery. There are still a lot of opportunities for us to get into the automation area—this is also in line with Industry 4.0, where customers actually want to upgrade themselves to this vision. But they don’t know where to start and what to do, so we need to actually go in and make some proposals, and offer them our solutions into Industry 4.0 machines and software. 

The third is probably in the telecommunications area. We are now moving from 4G to 5G. When it comes to telecommunications, you need towers and communications boxes—these have to be made by sheet metal machines. With this migration to 5G, I would say there’s an opportunity for the local players to get these kinds of projects, and this will help increase the production for this type of products in the market.

WHAT ABOUT CHALLENGES?

JT: We often encounter customers looking into their budget to invest. Most of the time, they probably do not understand fully what machines can do for them—they would rather look into how much they have and how much they can afford to buy.

In reality, at that kind of budget, they probably won’t get the production capacities that they really need—so they will end up spending more money than if they bought a more-expensive machine that can actually commit to the productivity or efficiency they require. So, this is more about the education of customers, how much information we can provide them, and of course, how much they are willing to invest. And it is understandable—many customers are buying cheaper machines so that they can charge lower for their parts, because it is also a competition between customers. Therefore, when it comes to initial capital investment in machines, it is a very critical decision, and critical cost calculation for them.

To continue reading this article about LVD ‘s journey and the outlook for 2020, head on over to our Ebook!

 

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Sandvik Coromant Joins Forces With Microsoft To Shape The Future Of Manufacturing

Sandvik Coromant Joins Forces With Microsoft To Shape The Future Of Manufacturing

Sandvik Coromant has embarked on a unique venture with Microsoft to drive forward the development and digitalisation of the manufacturing industry. Combining Sandvik Coromant’s expertise in machining with technical solutions from Microsoft, the collaboration will seek to link up parts of the production chain to create solutions for the next generation of manufacturing. The contract also includes an acceleration of the internal digitalisation network for Sandvik Coromant.

​Sandvik Coromant’s CoroPlus offering, developed in part with Microsoft, is based on Azure IoT Suite, Cortana Intelligence Suite and Dynamics 365 for Field Service. Among other things, the offering connects people, machines, tools and data on a single platform to offer Sandvik Coromant’s customers a better basis for decision making, and provides an overview of the various developments in the manufacturing process. This can enable savings, for example, by reducing machine downtimes.

“We see this collaboration with Microsoft as key to the success of our digital strategy. We have a historic relationship with them and look forward to continuing our journey, creating value by working together to develop and implement solutions for the manufacturing industry to guarantee efficiency, sustainability and growth. This unique partnership represents a new way for our companies to work together more closely to develop our competence,” explained Nadine Crauwels, President of Sandvik Coromant.

One unique aspect of Sandvik Coromant’s CoroPlus offering is that data is not only gathered at machine level to adjust equipment, notify technicians about maintenance requirements and warn managers about potential problems. Data is also gathered at tool level, which means that the customer’s industrial tool becomes “smart” and can be adapted and adjusted at any time for efficient use and to prevent production stoppages.

The partnership with Microsoft adopts an integrated approach to digitising the data, expertise and experience used on a daily basis by Sandvik Coromant to guide their customers, and will serve as an additional tool to facilitate streamlining of production.

The new joint venture between Sandvik Coromant and Microsoft gets under way in the first quarter of 2020 and will involve operations both in Sweden and abroad.​​​

 

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Automation Trends For 2020

Automation Trends for 2020

As we move into a new decade, what will 2020 mean for automation? John Young, APAC director at EU Automation, takes a look at the trends set to shape automation in the year ahead.

Over 20 years since Kevin Ashton coined the phrase ‘the Internet of Things’ (IoT), the manufacturing industry continues to develop ‘humanity’s nervous system’. Buoyed by a fast-growing economy, the tech-savvy Asia-Pacific (APAC) region has already paved the way for adopting innovations such as 5G and robotic process automation (RPA).

READ: Industrial Control Robotics⁠—The Next Great Leap In Manufacturing And Automation

In fact, South Korea was the first market globally to launch commercial 5G, while a report by PWC reveals that APAC’s RPA market is expected to grow 203 per cent by 2021. So, where could automation take the region in 2020?

The Environmental Factor

If the past decade has taught us anything, it’s that we need to act fast if we’re going to protect our planet. The 2010s will go down as the hottest decade in history, with seven of our planet’s ten hottest years ever recorded taking place over the past ten years. But as our landscapes have transformed, so too must our attitudes towards consumption — an area where the manufacturing industry holds great responsibility.

READ: Six Factors That Have Changed Bending Automation

Currently, most facilities work following a linear model of make, use and dispose. This creates a lot of waste, as products have just one lifecycle, and leftover energy and materials are left to waste. A circular model allows manufacturers to keep everything in the supply chain in operation for as long as possible, including the goods they produce and the resources used to create them. For example, manufacturers can look at redirecting unused materials, such as wastewater from washing vegetables in a food manufacturing plant, for other tasks such as equipment washdowns.

As well as looking towards the future, manufacturers should also focus on their existing equipment in 2020. If a piece of equipment was to break down or experience wear and tear, manufacturers will be able to benefit the environment, their production line and their pockets by sourcing new parts from a reliable supplier, rather than getting rid of the entire machine.

Even More Autonomous

Back in 2016, MIT spin-off technology startup, NuTononmy, launched its robo-taxi driverless car service in Singapore. While many autonomous vehicle services remain in trial stages, there are a number of areas of automation that are beginning to step away from human control.

Collaborative robots, or cobots, took the robotics market by storm during the 2010s. Enabling human and robot workers to complement each other and carry out tasks in harmony, cobots relieve the workforce from manual, straining tasks without detracting from their own skillset. While cobots will continue to be a rising trend over the next decade, so too will automation with even greater autonomy.

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Autonomous things can include drones, robots, ships and appliances, which exploit artificial intelligence (AI) to carry out tasks in place of humans. Currently, autonomous technologies are mainly confined to controlled environments, such as ‘lights out’ factories. In these environments, autonomous machinery performs continuously with minimal human intervention. Robots are capable of carrying out a number of tasks, from picking and packing to even building fellow robots.

However, the presence of autonomous technology will continue to evolve in the public realm, as well as increasing on the shop floor. As AI allows automation to deliver behaviours that act more naturally with people, we can also expect to see more of autonomous technology in public spaces, just like NuTonomy’s taxi service.

Believe the Hype

While automating tasks that were once carried out by human workers has been a growing trend for a number of years, it’s set to experience a renaissance. One of Gartner’s top strategic technology trends for 2020 is hyper-automation, which takes automated processes to the next level.

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Hyper-automation encompasses the totality of a business’s automation network under a single umbrella, meaning that not one, but many, automated technologies work in congruence to augment or replace human capabilities. These technologies could include RPA, AI, machine learning and business management software, such as enterprise resource planning (ERP), which all work in sync to deliver a single solution. This approach refers to all the steps of automation, including the discovery, analysis design, automation, measurement, monitoring and reassessment.

The trend may have been kicked off with RPA, but Gartner states that RPA alone is not hyper-automation. While no single tool can replace human workers, hyper-automation’s belt of tools will allow better visualization of how key functions, processes and performance indicators interact to create business value.

As snappy social media videos and super speedy internet connections look set to dominate 2020, automation will also evolve. With environmental concerns at the top of many business’ agendas, it’s certain that material handling, asset management and maintenance will need to adapt. As automation continues to get smarter and technologies work closer together, we can also expect the evolution of a connected, hyper-automated production line to be on the cards for the future.

 

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3 Ways Advanced Machining Builds A Competitive Edge In Aerospace

3 Ways Advanced Machining Builds a Competitive Edge in Aerospace

Solutions for suppliers seeking ways to meet new productivity challenges, including increasing demand and shorter lead times. Article by Michael Palmieri, Makino.

Aerospace and defence (A&D) suppliers are feeling the heat.

Over the next five years, original equipment manufacturers (OEMs) are expected to increase commercial aircraft production by 21 percent. The ramp-up means suppliers face unprecedented challenges. They must find ways to satisfy demand for more components while OEMs place more pressure on them to decrease lead times and prices.

READ: Machining for the Aerospace Industry

Industry 4.0 technologies, including the Internet of Things (IoT), automation and advanced machine-tool capabilities, such as 5-axis machining centres, could become more common on A&D shop floors as suppliers seek ways to keep pace with OEM demands.

These technologies can help the A&D suppliers respond to market needs faster without expanding their workforce. This white paper will explore some of these trends and the solutions that A&D suppliers need to remain competitive.

  1. Enable Faster Throughput for Complex Designs

Modern aircraft designs are forcing suppliers to rethink their current production capabilities. Older machine tools may not be equipped to manage lighter-weight, heat-resistant materials, such as titanium. Modern machining centres that are purpose-built for aerospace applications can reduce set-up times, increase accuracy and improve throughput on less-conventional designs.

Titanium vs. Aluminium Considerations

Aluminium makes up about half of the aerospace materials market by volume. But titanium use is increasing as manufacturers seek ways to reduce weight for components in next-generation planes. Titanium is lighter than structural steels historically used and almost as strong. Aluminium and titanium present different challenges that manufacturers must take into consideration when selecting machine-tooling solutions. Aluminium requires more horsepower and high rpm while titanium requires high torque at low rpm.

READ: EDM: Past, Present and Future

Speeding-up Material Removal Rates

Suppliers need access to a variety of machine tools that can perform fast removal rates on a wide range of materials, including aluminium, stainless steel and titanium. Several key advancements in machine tooling are helping A&D suppliers address different material requirements. Some of the key technologies developed to increase productivity for titanium machining include:

Autonomic spindles that protect the spindle from excessive forces damaging the bearings. This can reduce unplanned downtime related to machine damage—which, in turn, optimizes productivity.

High-pressure, high-flow coolant systems deliver large volumes of coolant directly to the cutting zone for faster chip evacuation, increased production, and tool life.

Vibration damping systems that adjust frictional forces based on low-frequency vibration sensing, avoiding chatter and cutter damage from structure resonance in real time. Vibration damping enhances depth of cuts, which results in higher removal rates.

READ: How Digitalisation Is Transforming The Aerospace Sector

Developments in aluminium machining are also helping A&D suppliers increase productivity. This includes greater spindle power to improve processing speeds, improvements to acceleration and cutting feed rates, and large-capacity automatic tool changers that are capable of holding more than 100 tools and automatic pallet changer—which can reduce changeover and set-up times significantly.

In both aluminium and titanium, 5-axis capability is a key advantage by providing an efficient way to produce typical, complex, A&D part geometries. In addition, large-capacity tool changers and pallet changing automation can allow for unattended machining, which means less operator labour cost per part. These system features reduce machine downtime between parts and part handling between set-ups, which also lowers labour costs. The ability to reduce handling time, including moving parts from machine to machine or resetting them on new fixtures, also helps increase throughput and shrink production lead times to enable faster deliveries.

  1. Maximise Productivity to Avoid Costly Delays

Many A&D suppliers are struggling to meet demand. For instance, in November 2018 Boeing reported decreases in 737 deliveries due to supplier delays. The lead time in A&D manufacturing is already longer compared to other industries, which means suppliers can’t afford machine failures or any other issues that could result in downtime. Suppliers may need to place a greater emphasis on predictive maintenance and automation to maximise productivity.

Why Reliability Matters

On-time delivery issues are urgent enough that Boeing and Airbus are working with suppliers to ensure they’re equipped to meet expectations. In addition, unplanned downtime costs manufacturers about $50 billion annually, and equipment failure is the cause of downtime 42 percent of the time.

READ: Makino Asia’s Smart Factory Meets Sophisticated Precision Engineering Capabilities

Smarter Approaches to Efficiency

Manufacturers are implementing automation and Industry 4.0 technologies to gain visibility into machine performance issues before they lead to major repairs or failures. In the A&D sector, Industry 4.0 is bringing predictive insights to operators and technicians in several ways, including:

The ability to access charts that display alarm events, so operators and technicians can observe trends and implement corrective measures.

Access to spindle and axis monitoring technologies that record and display axis forces, loads and speeds. This data can then be used to fine-tune processes for faster cutting speeds and greater depths of cut. In addition, manufacturers can monitor critical tool data for multiple machines from one centralised location. Operators can use this data to make adjustments for enhanced tool performance and lifespan.

Camera monitoring capabilities that capture an internal view of a machine’s work zone, making it easier to solve processing errors before they impact part quality. Technicians also can receive email and text notifications of alarms, including images of the work zone. This helps service staff immediately address maintenance issues before they become costly problems.

READ: Coronavirus Hits Automotive And Aerospace Supply Chains

According to Deloitte, manufacturers that implement predictive maintenance technologies typically experience operations and MRO material cost savings of 5 percent to 10 percent, reduced inventory carrying costs, equipment uptime and availability increases of 10 percent to 20 percent, reduced maintenance planning time of 20 percent to 50 percent and overall maintenance cost reductions of five percent to ten percent.

A&D suppliers also are realising enhanced performance through automated machining solutions, such as pallet-stacking systems. The Makino Machining Complex (MMC2) is an automated material handling system that links Makino horizontal machining centres, pallet loaders and operators. The system provides a constant flow of parts to the machining centres, so it can operate for extended periods unattended, including overnight and on weekends. The ability to automate manual processes reduces the need for time-consuming manual tasks and increases flexibility to meet OEM demands.

  1. Bridging the Workforce Skills Gap

As machine tools become more technologically advanced, the A&D industry must confront another persistent challenge: the lack of skilled workers. In a recent industry workforce survey, 75 percent of respondents said they are concerned with the availability of key skills. “The need for talent will become even more critical in the next few years, as the baby boom generation moves beyond traditional retirement age – and the unavoidable loss at some point of their expertise and knowledge,” according to Aviation Week’s “2018 Workforce Report.” Machines that are equipped with IoT, artificial intelligence (AI) and other smart capabilities can enhance productivity for existing employees and minimise the learning curve for new hires.

The Case for a Connected Workforce

Voice-assistant technology common in the consumer world, such as Alexa and Siri, are now making their way into modern machine tools. In fact, more than 80 percent of A&D industry executives say they expect their workforce to be directly impacted by an AI-based decision within the next three years, according to an Accenture report. Voice-activated commands reduce manual interaction with the machine and helps operators translate and analyse big data. These digital assistants typically work through the use of headsets. Operators speak commands into the headsets, such as “turn the machine’s lights on,” “change tools,” or “show set-up instructions.” These voice-actuated capabilities simplify machine operation by reducing the time operators spend searching for information or performing manual tasks.

READ: Makino Strengthens Presence In Vietnam With New Technology Centre

Minimising the Learning Curve

AI also serves as a coach for operators who may not be familiar with various operating procedures, such as how to perform different maintenance tasks. For example, a worker can ask the voice assistant how to change a filter. In many cases, these intelligent machines are not replacing operators but helping the existing workforce perform their tasks more efficiently.

They’re also allowing workers to move easily from one type of machine to another without a significant learning curve because they’re not reliant on an unfamiliar machine interface. These intelligent machines may help A&D manufacturers identify and onboard skilled workers with greater ease because they require less training and experience than more traditional technology.

Looking Ahead: What’s Next for A&D Machining

High-tech machining solutions are advancing at a rapid pace. The availability of new technologies comes at a critical point for the A&D industry. Suppliers must continue to improve productivity and reduce costs amid a constantly changing environment. In addition to OEM demands, the industry faces new competitive challenges, including potential price increases for materials. For instance, A&D manufacturers are still uncertain how U.S. tariffs on aluminium and steel imports could impact prices. The potential for higher material prices puts additional pressure on suppliers as they try to meet increasing demands for lower costs per part and delivery.

Suppliers need equipment that can reduce downtime, increase productivity and minimise labour costs. Manufacturers should consider machine-tool providers with a broad portfolio of equipment built specifically for the aerospace industry. The latest machining centres can perform high-precision tasks faster than ever. Vendors with experience in the aerospace industry can help A&D suppliers evaluate their needs and select a solution that is appropriate for specific applications. Makino is continuously updating its machines with the latest technologies, including automation and IoT capabilities, to help the industry produce accurate structural and turbo machinery parts faster with less variability and at the lowest cost.

 How ATEP Slashes Titanium Machining Costs

Arconic Titanium & Engineered Products (ATEP) in Laval, Quebec, Canada, needed titanium-machining solutions to meet customer demands to lower costs and shrink delivery times. ATEP specializes in assembly and precision machining of various titanium aircraft components, including wing attachments, seat tracks and doorframes. Standard machine platforms couldn’t provide the rigidity, flexibility or control the company needed to meet its customer requirements. The company decided to install several Makino T-Series 5-axis horizontal titanium machining centres. Research engineers from ATEP determined the machines could help the company perform certain production processes three times faster than previous methods. It eventually led to a 60 percent reduction in cycle times and 30 percent reduction of tool costs.

The company also has realized benefits related to quality improvements. ATEP is a fully integrated supplier of titanium and other specialty metals products. ATEP is receiving additional business from customers who are asking the company to correct quality issues from other suppliers, according to a company executive.

 

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Hexagon And Ericsson Host Joint Webinar On The Role Of 5G In Industry 4.0

Hexagon And Ericsson Host Joint Webinar On The Role Of 5G In Industry 4.0

Experts in manufacturing and communication technologies discuss how 5G networks help drive digital transformation within the manufacturing sector.

Join Hexagon’s Manufacturing Intelligence division and Ericsson on 16 April 2020 for a webinar on how 5G will support Industry 4.0 deployments.

Sachin Mathur, Head of Partnership Programs, Smart Factory, Hexagon’s Manufacturing Intelligence division, Erik Josefsson, Vice President, Head of Advanced Industries, Ericsson and Sasidhar Yalavarthi, Project Manager, Smart Factory, Ericsson, will discuss how 5G wireless networks facilitate greater automation and data-driven decision-making in the manufacturing sector. The event will be moderated by Brett Brune, Editor in Chief of Smart Manufacturing magazine.

Ignacio Blanco, Product Marketing Manager, Smart Factory Solutions Hexagon, says: “Hexagon and Ericsson are partnering to make manufacturing smarter by simplifying the capture, transfer and use of data with reliable, low-latency, high-bandwidth wireless networks. As a result, manufacturers will be able to connect multiple machines, sensors and systems across even the largest sites in a way that suits their individual productivity needs.”

The webinar will be sponsored by Digital Engineering, a leading German-language construction and engineering trade magazine; Asia Pacific Metalworking Equipment News (APMEN), one of the most authoritative metalworking magazines in the region; Smart Manufacturing, a principal industry voice in the United States and The Manufacturer, a major UK publication that provides news and promotes best practice in the manufacturing industry.

Programme:

  • 5G and Industry 4.0 in a nutshell
  • Smart Wireless Manufacturing
  • Strategic business-driven decisions
  • IoT and Industry connectivity
  • Testing results

Register to join the webinar on 16 April 2020 at a choice of different times.

 

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Coronavirus Outbreak Reveals The Weakest Links In The Supply Chain

Coronavirus Outbreak Reveals the Weakest Links In The Supply Chain

For many firms, the outbreak of COVID-19 has meant staff working from home and more use of teleconferencing rather than face to face meetings. However, it’s a different situation for manufacturers because, despite investments in automation, reducing the need for staff on assembly lines, they still need to receive raw materials. The impact of Coronavirus is both global and unpredictable, and the supply chain shock it is causing will most definitely and substantially cut into the worldwide manufacturing revenue of US$15 trillion currently forecasted for 2020 by global tech market advisory firm, ABI Research.

READ: Coronavirus Hits Automotive And Aerospace Supply Chains

The virus will have both short- and long-term ramifications for manufacturers. “Initially, plant managers and factory owners will be looking to secure supplies and be getting an appreciation of constraints further up the supply chain plus how much influence they have on their suppliers,” explains Michael Larner, Principal Analyst at ABI Research.

In the longer term, manufacturers will need to conduct an extensive due diligence process as they need to understand their risk exposure, including the operations of their supplier’s suppliers too. “To mitigate supply chain risks, manufacturers should not only not source components from a single supplier but also, as COVID-19 has highlighted, shouldn’t source from suppliers in a single location,” Larner advises.

READ: Light In Thailand’s Economy Despite Coronavirus Outbreak

In software applications in the manufacturing setting, ABI Research forecasts that the supply chain impact of Covid-19 will spur manufacturer’s spend on enterprise resource planning (ERP) to reach US$14 billion in 2024. While many ERP platforms include modules for inventory control and supply chain management, in light of the outbreak, many manufacturers will also turn to specialist providers. Larner adds, “Supply chain orchestration requires software to be more than a system of record and provide risk analysis and run simulations, enabling manufacturers to understand and prepare for supply chain shocks.”

Industry 4.0 has received much attention; however, the focus has been on the activities inside the factory gates. “But investments in robotics or IoT sensors and the like assume that assembly lines receive a steady flow of raw materials. COVID-19 demonstrates that manufacturers need to be as focused on their supplier’s capabilities as they are on their factory floor,” Larner concludes.

 

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APAC: Demand For Machine Tools On The Upswing As Manufacturers Invest In New Production Facilities

APAC: Demand For Machine Tools On The Upswing As Manufacturers Invest In New Production Facilities

The growing purchasing power of middle-class consumers in Asia has led to an increase in spending on consumer goods. In a rush to meet the escalating demand, manufacturers catering to the APAC region are investing in new production plants and machines, creating a requirement for machine tools in the process. An analysis by Frost & Sullivan reveals that this requirement will push the Asia-Pacific machine tool market to grow at a CAGR of 2.2 percent from 2018 to 2023, reaching $10.5 billion in revenue.

READ: Predictive Maintenance Solutions For Machine Tools Reduce Cost The Smart Way

Frost & Sullivan’s latest research, Asia-Pacific Machine Tool Market, Forecast to 2023, explores the trends and factors influencing the machine tools industry in the Asia-Pacific region and provides a thorough analysis of the current market scenario. The report examines the key market drivers and restraints and presents detailed market share analyses and revenue forecasts through the year 2023. The research also offers strategic recommendations to leverage the growth opportunities identified in this sector.“Business expansion strategies and plant localisation of end-user industries are set to drive the growth of the machine tool industry in the APAC region,” said Divya Saiprasad, Principal Consultant, Industrials at Frost & Sullivan.  “The rise in demand for machine tools can be attributed to the increase in the production of auto components and growth of the automotive industry.”

Japan, South Korea, and Taiwan are expected to remain the top three markets for machine tools in the region in 2023, contributing 69.5 percent. Additionally, emerging economies such as Vietnam, Indonesia, and Thailand are anticipated to showcase strong growth over the next three years, driven by foreign direct investment (FDI) inflow in the manufacturing sector.

READ: Starrag Brings Smart Machine Tool Solutions To Asia

“On the end-user vertical front, engineering and automotive sectors are projected to remain dominant,” noted Saiprasad. “The aviation sector is also expected to further supplement the market for machine tools, given the demand from the burgeoning upper-middle-class population.”

Machine tool vendors can tap into further growth by:

  • Integrating new features and technologies into additive manufacturing to increase the overall efficiency of multi-tasking machine tools.
  • Including new technologies such as IoT and Big Data for preventive and predictive maintenance of machines to help machine tool companies enhance their customers’ rate of operations in manufacturing, thereby increasing their brand recognition in the market.
  • Developing and selling smart machines equipped with AI, robots, and software technologies to expand sales and improve the productivity of customers in ASEAN countries.
  • Increasing production efficiency, shortening delivery times, and maintaining price competitiveness to increase sales and improve market profitability.
  • Expanding sales, distribution, and aftermarket service channels in emerging Asian countries to retain customers.

 

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