To inspect the blades of the more than 270,000 wind turbines operating globally, technicians have traditionally relied on binoculars and field scopes from the ground, or have scaled the turbines with the help of ropes or cables. Today, unmanned aerial vehicles are providing a safer option, with the benefit of higher-resolution imaging. Cumulative global revenue for wind turbine UAV sales and inspection services is expected to reach nearly $6bn by 2024, according to a Navigant Research report.
Economists from the Manufacturers Alliance for Productivity and Innovation expect the construction supply chain to be a primary driver of manufacturing growth over the next two years.
Global revenue from light-emitting diode (LED) lamps and modules is expected to total $216bn from 2015 to 2024, according to a report from Navigant Research.
Robot installations are estimated to increase an average of 12 percent per year from 2015 to 2017, according to the International Federation of Robotics. Those IFR statistics note that "human-machine collaboration will open up new applications and attract new customers."
As a manufacturer, if you make up less than 10 percent of your distributors' product mix, you are not getting the attention of management or, more importantly, sales representatives.
In June this year a robot crushed a man to death in a Volkswagen factory in Germany. The 22-year-old maintenance worker became trapped between a large robotic arm and a metal plate, in an area usually off-bounds to humans.
The picture for Cuban manufacturing is mixed. On the positive side, the government’s decision to give private firms more autonomy to retain earnings and make investment decisions may spur a much-needed market for capital equipment, a crucial source of demand for a developing economy factory sector.
Manufacturing worldwide is on the cusp of a revolution. New information technologies are suddenly offering not only to make the management of manufacturing more effective, as we saw with early versions of plant and enterprise software, but the work itself smarter.
While manufacturers remain optimistic about the U.S. economy, a majority fail to either implement or leverage important technological advancements that can help them capitalize on the recovery, according to a survey from Sikich LLP, a professional services firm specializing in accounting.
The North American robotics market is off to its fastest start ever in 2015, according to statistics released from Robotic Industries Association (RIA), the industry's trade group.