Search results for: 'formulation components shift'

With the expanding BRICS bloc (Brazil, Russia, India, China, and South Africa), there has been an increased drive to reduce Western dominance and build South-South collaboration. Members are involved in developing technologies and infrastructure to reduce dependence on traditional, Western-based technologies. This strategic shift spans sectors such...

Additive Manufacturing is one of the rapidly growing technologies being adopted for designing, rapid prototyping and manufacturing of new components. With the advent of smart manufacturing and Industry 4.0, the technological advantages enabled by additive manufacturing have allowed it to be adopted by diverse sectors across the manufacturing indust...

This research explores the powerful global forces that will reshape business, society, and technology over the coming decade, offering a holistic view of the megatrends redefining the future operating environment. These forces span geopolitical fragmentation, demographic divergence, technological acceleration, environmental pressures, and fundament...

This research study provides key trends and predictions for the global distribution control systems (DCS) market. A DCS can range from a single controller and operator workstation to large systems incorporating multiple controllers and workstations. In general, a DCS has multiple controllers that interact with one another by sharing a common networ...

The rise of centennial humans highlights a structural shift in demographics, economies, and care, driven by longer life expectancy and advances in healthcare. The global population is aging rapidly, with centenarians increasing at a faster rate, especially in aging societies such as Japan and parts of Europe, and gradually in countries such as Indi...

As a result of a moderate investment climate, the automation market experienced steady growth in 2018. This research service provides key trends and predictions for the global automation industry in 2019, analyzing developments across end-user industries. The automation market is set for a paradigm shift due to digitalization in end-user industries...

06 Aug 2026  |  Global  |  Market Research

Machine Tools Sector, Global, 2023–2030

The Shift to High-precision and Multi-functional Machines is Driving Transformational Growth

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This study provides an in-depth understanding of the machine tools industry. It discusses the key trends and challenges faced by machine tool manufacturers, in addition to providing forecasts until 2030. The study provides a region-wise breakdown with discussions on key industries. Machine tool manufacturing is being reshaped by a combination of di...

Software-defined automation (SDA) represents a paradigm shift in industrial and manufacturing control systems that addresses traditional operational technology (OT) architectures' limitations. As proprietary, hardware-intensive automation systems reach the end of their life cycles, they increasingly hinder innovation, scalability, and adaptability ...

The COVID-19 pandemic marked a major global change that transformed manufacturing. Political tensions, such as the US-China conflict and the Russo-Ukrainian War; economic uncertainties, such as high inflation rates and de-dollarization initiatives; and continuous supply chain disruptions have forced manufacturers to invest in technology to secure r...