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23 Aug 2022  |  Global  |  Market Research

Growth Opportunities for Digital Twins in Manufacturing

Next generation Digital Twins Enabling Transformational Growth in Industrial Manufacturing

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Key Issues Addressed

Digital twins (DTs) are not a novelty. Different industry verticals have been benefiting from DTs for decades. However, technological enablers such as artificial intelligence, blockchain, and 5G are expanding the limits of DTs and opening up the concept. The next generation of plants and factories are starting to demonstrate success in complementi...

The advancement of physical and embodied AI is facilitating a shift away from traditional repeatable-motion automation toward robots that can perceive, make decisions, and act in unpredictable real-world conditions. This will enable highly dexterous manipulation that exceeds conventional pick-and-place automation. As learning-based policies, founda...

Industrial manufacturing faces unprecedented disruption from equipment downtime, skills shortages, and volatile trade policies, while legacy systems struggle to integrate with modern AI. Fortune 500 companies lose significant revenue each year to unplanned downtime. At the same time, manufacturers face margin compression from tariff volatility and ...

Robotics usage in industrial settings has risen over the last decade due to their benefits, such as increased efficiency and productivity. The COVID-19 pandemic accelerated the shift from manual to automated operations as frequent lockdowns led to labor shortages in most industries. However, the high implementation costs mean large organizations te...

Robotics technology has been undergoing major technological growth in recent years. With the advent of Industry 4.0 and smart factories, all industries across the spectrum are adopting advanced robotic automation solutions for varied applications according to industry requirements. Currently, the main robotic technologies are categorized under col...

Awareness and research initiatives of robotics technologies improving human life and intelligence have created opportunities for robotic technology developers to discover a wide range of applications across various sectors. Efficient human-robot interaction, reduced footprint, ease of integration, reprogram ability and creation of flexible environm...

The Advanced Manufacturing Technology Opportunity Engine provides profiles of innovations related to Rapid Tomographic Bioprinting, Digital Light Processing 3D Printing, Large-format AM with Thermoplastic Pellets, Autonomous Agricultural Robot System, Laser-wire Directed Energy Deposition Solution and Advanced Linear Servo Actuator.The Advanced Man...

This study deals with the major types of welding and the revenue generated by equipment manufacturers in Thailand. It provides information on key market participants, their market share, and latest projects, besides description of the drivers and restraints impacting the market in short, medium, and long terms. It also discusses important end-users...

The additive manufacturing sector has seen significant growth in recent years owing to growing demand for customized products and complex geometries in various sectors, including automotive, defense, aerospace, consumer electronics, manufacturing, and energy. AI has a wide range of applications in additive manufacturing at various levels and is a k...