Manufacturing Trends 2020: What the Future Holds for the Industry Technology in the 21st century has certainly left its mark and influenced the world of manufacturing. What Leadership Style Is Required to Achieve Excellence? U.S. startups Vicarious, Kindred, and … Virtual reality allows its users to move around a 360-degree virtual world and – in some cases – even interact with it. For example, even the simple act of charging a mobile device in a nearby USB port may lead to dire consequences. A manufacturing center will be set up in Morgantown and a future expansion will come to southern West Virginia. New technology uses LED instead of laser sources for the additive manufacturing of metal parts and optimizes 3D metal printing in terms of construction … According to a recent article from EHS Today, electronic features found in wearable devices allow for organizations to monitor and increase workplace productivity, safety and efficiency. More and more connected devices are being integrated into organizational processes each day, so it almost goes without saying that the manufacturing industry needs to develop a keen understanding of how to best deal with them. The health and safety of our customers and staff is our number one priority and following the expert advice of government and the public health authorities, we have decided to postpone shows under Manufacturing Expo to 23-26 June 2021 All Rights Reserved. Seebo outlines predictive maintenance for Industry 4.0 as a method of preventing asset failure by analyzing production data to recognize patterns and identify potential issues before they occur. In January 2020, Cerasis was acquired by GlobalTranz, a leading technology and multimodal 3PL solutions provider. The latter is what we will focus on in this session since most of what we do here at MoldMaking Technology is focused on learning—by providing content on what’s new and what works in mold manufacturing. While 2018 already saw a wave of new technologies coming in, the technology trends for 2020 are only getting bigger. Whether it’s helping make processes more efficient, improving product design and development, or maintaining machinery more effectively, these technologies are capable of becoming game-changers in the coming years. Meet and network with the manufacturing leaders and buyers who are pioneering the next-generation strategies and implementation of new solutions. February 22, 2021 at, As the industry becomes more connected with time, equipment manufacturers and their customers will be impacted in a number of ways. Technology 5 Manufacturing Trends for 2020 A look at the trends that are likely to happen in the manufacturing sector in 2020. Due to the ongoing COVID-19 pandemic, we've made the decision to host Manufacturing & Technology, an Industry Week event on a virtual platform designed to engage attendees directly with the conference sessions and mingle using AI powered networking. Learn About the Virtual Platform In 2020, 3D printing will continue its path towards industrialisation, as established industry players and newcomers continue to invest in and drive innovation with the technology. Cybersecurity is – and will – remain a major concern for companies of all types and sizes. Join 8,000+ of your industry peers who subscribe to the AEM Industry Advisor to get insights and updates about equipment manufacturing. Virtually Connecting Manufacturing And, says PwC, one in three manufacturers have adopted – or will adopt – virtual reality and augmented reality in the next three years. 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With that in mind, let’s look at 5 manufacturing trends to watch in 2020: Wearable Technology The rise of the Internet of Things (IoT ) in industrial applications has given way to the increased prevalence of wearable technology in the manufacturing industry. All Rights Reserved. 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Read the latest articles of CIRP Annals at ScienceDirect.com, Elsevier’s leading platform of peer-reviewed scholarly literature Broaching: Cutting tools and machine tools for manufacturing high quality features in components The world revolving around technology is constantly shifting on a second to second basis. Leading all manufacturing predictions for 2020 is manufacturers' confidence in their ability to deliver high-quality products that earning repeat orders. Manufacturing & Technology connects manufacturers with innovative solutions and insights from top industry experts to help them successfully navigate today’s rapid digital evolution. Predictive maintenance isn’t without its challenges, however. The ability for a manufacturer to effectively protect itself today hinges upon its willingness to take the following two key steps: address organizational concerns and implement a clear and effective cybersecurity strategy. REVISION OF MANUFACTURING EXPO 2020 The situation surrounding COVID-19 is constantly evolving. Both the immediate and long-term future of the manufacturing industry will be defined by the development of several ever-evolving and cutting-edge trends and technologies. Apparel manufacturing is on its way to coming back to the US Dec 02, 2020 To do this, we Ultimately, it gives manufacturers the means to optimize maintenance tasks in real time, extending the life of their machinery and avoiding disruption to their operations. Effective equipment maintenance is central to the success of any manufacturer. According to an article from PwC, manufacturers are becoming more adept at finding ways to incorporate these technologies within their organizations in an effort to drive a future defined by digital connectivity. Industry 4.0 and augmented reality are among the manufacturing trends 2020 will see. As Rhino Intelligent Factory is capable of taking individualised small-scale orders, reducing costs and improving efficiency as a highly digitalised factory, behind all these, a less-known fact is that it is homegrown sewing machinery manufacturer from China that supplies all the key technologies and automated equipment necessary for the establishment of the factory. The importance of cybersecurity in manufacturing cannot be overstated. According to a recent article from AT&T, 5G networks offer the industry opportunities to create new revenue streams. When it comes to using augmented reality (AR) and virtual reality (VR) in manufacturing, the possibilities are endless. Manufacturing & Technology Goes Virtual in 2020 Due to the ongoing COVID-19 pandemic, we've made the decision to host Manufacturing & Technology, an Industry Week event on a virtual platform designed to engage attendees directly with the conference sessions and mingle using AI powered networking. And, thanks to advancements in technology, the virtual world is now being reproduced better than ever before. Furthermore, employers now have the ability to leverage the data they obtain to complement welfare programs and reduce healthcare costs. An article from Manufacturing.net notes that potential applications in the manufacturing sector include safety awareness and injury prevention, training, process improvements, situational awareness, augmented reality, remote management, as well as authentication and security planning. Their … In addition, these devices are capable of sensing their environments and interacting with one another. In order to successfully build a predictive maintenance model, manufacturers must gain insights on the variables they are collecting and how often certain variable behaviors occur on the factory floor. In addition, employers are now readily capable of collecting valuable information, tracking activities, and providing customized experiences depending on needs and desires. Meanwhile job losses in the Rust Belt are accelerating. New manufacturing facility signifies Bell’s dedication to development and rapid production of future vertical lift aircraft Fort Worth, Texas (August 10, 2020) – Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, unveiled today its new 140,000-square-foot Manufacturing Technology Center (MTC) in Fort Worth, Texas. Improvements in bio-sensing now allow for health parameters such as body temperature, heart rate and blood oxygen levels to be monitored. A new year means a slew of new and innovative automotive technology coming to market. Strategy Insights & Product Solutions You Need As factories of the future continue to grow and develop, manufacturers need to realize that they must be able to adapt the networks that connect them – efficiently and effectively. June 23-25 2020 | Rosen Centre | Orlando, FL June 23-25 2020 | Rosen Centre | Orlando, FL MIT Research Examines New Technology Adoption in Manufacturing and its Implications for Work and Workers [November 24, 2020] The MIT ( News - Alert ) Task Force on the Work of the Future, a multi-disciplinary initiative examining how emerging technologies are changing the nature of work, is releasing three research briefs today focused on manufacturing. Growing manufacturing companies should invest in new technology now to generate innovation that will shape the future of manufacturing. Manufacturing & Technology connects manufacturers with innovative solutions and insights from top industry experts to help them successfully navigate today’s rapid digital evolution. The factories of tomorrow will rely greatly on sensor technology, and they will prominently feature connected tools, utilizing data to guide the tasks of the workforce. With malware attacks on the rise and many organizations having been negatively affected by the increased prevalence of ransomware, companies (both literally and figuratively) can’t afford to overlook cybersecurity as a top priority in 2020 and beyond. © 2019 Endeavor Business Media, LLC. The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now Adobe Stock AI-as-a-service Artificial Intelligence (AI) is one of the … Professionals to Real Solutions. © 2020 Endeavor Business Media, LLC. The business world has taken notice, and wearable technology is quickly becoming a fixture in manufacturing. By using this website without changing the cookie settings According to AT&T, 5G’s high capacity, wireless flexibility and low-latency performance make it the perfect choice to support manufacturers in these efforts. M&T is the one-stop experience that brings together manufacturing decision makers from design to delivery. Many of these trends and technologies are poised to have a significant impact in 2020 and beyond, so it’s critically important for manufacturers to develop a keen understanding of what they are, how they will grow over time, and how they will impact those within the industry – both this year and in the future. Presented by IndustryWeek, the trusted voice in manufacturing leadership. All the while, customers want less waste and lower cost. The fourth Industrial Revolution isn’t coming. Manufacturers also have to make decisions around lead time, as the closer to failure the machine is allowed to go, the more accurate the prediction. A report from Ericsson states that “the expected addressable market in 2026 will $113 billion, a substantial 7 percent potential revenue growth from current service revenue forecasts.”. Many companies are up with their service subsets to be used in a distributed way. Manufacturing & Technology Goes Virtual in 2020. When using virtual reality, real, physical surroundings are no longer a factor. technology and skill investments, that manufacturers are making to improve operational performance and profitability. If you are a current or prospective Cerasis customer, we invite you Smart factories are becoming the norm in manufacturing, and they rely on connected devices to leverage technologies like automation, artificial intelligence, IoT and more. 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Presented by IndustryWeek, the trusted voice in manufacturing leadership. 2020 Industry News Stay up to date on the latest industry news in 2020, including manufacturing data, plant safety incidents, regulatory updates, and more. Study: Manufacturing CFOs crucial as the industry shifts A Survey of Manufacturing Leadership To gain insight into both, Fictiv partnered with third-party research firm, Dimensional Research, to produce the 2020 State of Manufacturing … Most of the half-million new manufacturing jobs over the past three years are in the Sun Belt or around Silicon Valley. Manufacturers of all types and sizes are increasingly looking into – and investing in – wearable devices with different sensors that can be used by their workforce. November 24, 2020 at 2:04 pm With that in mind, let’s look at 5 manufacturing trends to watch in 2020: The rise of the Internet of Things (IoT) in industrial applications has given way to the increased prevalence of wearable technology in the manufacturing industry. The manufacturing sector is a fast-changing, cut-throat industry. From the Safety of Your Home. Looking ahead, HP 3D Printing and Digital Manufacturing Chief Technologist Paul Benning offers four predictions around how 3D printing will further transform the manufacturing landscape in 2020: Automated assembly will arrive, with industries seamlessly integrating multi-part assemblies including combinations of 3D printed metal and plastic parts. 2020: Future of Manufacturing Technology Recent predictions have identified 2020 as the year technology gains critical mass. Along with energy and utility, the manufacturing industry stands to benefit the most from the rise of 5G. Augmented reality differs in the sense that its users are required to be at a specific location to augment their experience of reality, while those who use virtual reality are completely immersed in a virtual world. Predictive maintenance for Industry 4.0 is a method of preventing asset failure by analyzing production data to identify patterns and predict issues before they happen. It's absolutely critical for organizations to possess knowledge about each specific machine and a strong data set of previous failures in which they can review. Bell Unveils New Manufacturing Technology Center 11 Aug, 20, Source: Bell Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, unveiled today its new 140,000-square-foot Manufacturing Technology Center (MTC) in Fort Worth, Texas. So it goes without saying that the ability to predict impending failures and mitigate downtime is incredibly valuable. Predictive maintenance offers that and much more. Factors leading to the increased adoption of wearable technology include portability, convenience, operational efficiency, and much more. New Manufacturing Technology for New Device De-B01 3D Printing and MID (Molded Interconnect Device) This lab aims to create novel mechanical and electrical devices with novel manufacturing technology. The advancements that pushed 3D printing to where it is today will continue into 2020, indicating the staying power and sustained development of the technology. This new upcoming technology of 2020 will be a significant breakthrough in cloud infrastructure. Distributed Cloud is still in its infancy and there is a long way to go. Visit www.aem.org/think and subscribe to the AEM Industry Advisor. In these changing times, the industry has called for products made at an even better, faster pace. Consumers use the technology for fitness and health tracking, mobile notifications at a glance, and even contactless payments. What does it mean for worker safety? This year, the Career and Technology Center started a new advanced manufacturing program with a one-of-a-kind classroom for hands-on experience. As a result, companies must be diligent in their efforts to educate employees on the potential consequences of their cyberactivities. There is a lot to be catch up and then be updated with. with the Cookie Policy. in your web browser you consent to all cookies in accordance Resilience, a new biopharmaceutical company backed by $800 million in financing from investors including ARCH Venture Partners and 8VC, has … Source: Industryweek Future of Manufacturing: 2020 and Beyond, May 2016, Forecasted percentage change in In 2020, emotion recognition and computer vision will scale and AI will have a breakout moment in manufacturing. SAP.iO Foundry New York Launches Accelerator Program for Women and Diverse Entrepreneurs Focused on Retail, Manufacturing and Automotive Technology September 22, 2020 by SAP News NEW YORK — SAP SE (NYSE: SAP) today announced the launch of the SAP.iO Foundry New York Fall 2020 virtual accelerator program with six early-stage enterprise startups led by women … Learn about other changes and benefits to expect in this post. Manufacturing and engineering professionals will convene in the virtual platform to: Manufacturing & Technology connects manufacturers with innovative solutions and insights from top industry experts to help them successfully navigate today’s rapid digital evolution. To learn more, please read the press release. Device in a nearby USB port may lead to dire consequences – even interact with it is central the... Reduce healthcare costs manufacturing leaders and buyers who are pioneering the next-generation strategies and implementation of new innovative... 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