Frost & Sullivan Manufacturing
SEPTEMBER 30, 2024
CAGR from 2023 to 2030, reaching USD 6.36 billion that year across process, hybrid, and discrete manufacturing industries. The connected worker is a term used to describe technologies (AR, IoT, AI, and more) that help connect frontline workers in manufacturing with the systems they interact with daily.
Control Engineering
SEPTEMBER 11, 2023
We can’t find labor and that got exacerbated with the pandemic and it’s not going away,” he said, adding there will be 5 million open jobs by 2030. Other challenges include inflated wages for workers, rising cost of goods, production disruptions, retraining and injury costs and limited budgets for new equipment.
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Control Engineering
JANUARY 17, 2023
Offset a mile recession in 2024 and depression in 2030 in part with manufacturing automation. Demographics, deficit spending and a weaker dollar will lead to the 2030 Depression; automation will provide stability in the no-growth time of the early 2030s. Manufacturers need to prepare for 2030.
Control Engineering
JUNE 12, 2023
Robotics insights The robotic picking market is expected to grow to almost $7 billion by 2030, which is leaps and bounds above where it is right now. billion by 2030. million and by 2030 this figure will reach 7.5 billion by 2030. Research indicates the market, worth $236 million in 2022, will increase to $6.8
Control Engineering
APRIL 11, 2023
Robotics insights Picking robots are expected to have a more significant presence in manufacturing and other industries. Interact Analysis is projecting more than 150,000 will be installed by 2030. million global full-time equivalent (FTE) employees performing static manipulation tasks by 2030, which is more than double that of 2022.
iBASEt
SEPTEMBER 20, 2022
According to recent research , the global Digital Twin marketing size is projected to reach over $110 billion by 2030, with a CAGR of around 39%. There are actually several types of Digital Twins that can be used in manufacturing. The value of Digital Twin for products is obvious. Types of Digital Twins.
Control Engineering
APRIL 30, 2023
Bureau of Labor & Statistics show that around 750,000 jobs are unfilled in the manufacturing sector –even though unemployment is at historically low levels. million manufacturing jobs will remain unfilled in the U.S. alone by 2030. And Deloitte Insights predicts that 2.1
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