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Materials science is at the core of every industry, as its innovations will lead to more sustainable manufacturing practices. In this study, we explore sustainable materials, their types, and the innovation observed across several industries. Sustainable materials are classified as follows: 1) Organic Material 2) Natural Biodegradable Polym...

AGVS streamlines tasks in order fulfillment in logistics centers as well as improve safety in production lines. AGVs can perform more than material handling such as scanning barcodes and transferring the scanned data to the central cloud system. AGVs automate all the material handling tasks and remove the need for having workers to move materials w...

Buy now, pay later (BNPL), also referred to as point of sale (PoS) installment loans, is a short-term financing option that enables consumers to spread out payments for purchases over a period of time. The increase in eCommerce activity during the COVID-19 pandemic brought along with it a strong interest in alternative spending options. BNPL, a sub...

The growing scarcity of natural resources, along with the harmful environmental impact of emissions and discarded materials in landfills and water bodies, is the pressing global challenge. This challenge has warranted the need to adopt circular economy principles over the prevailing linear economy models in every stage of any industry’s supply ch...

The demand for thin films has been immense because of the miniaturization trend. Developers of semiconductors and energy storage devices have been experimenting with atomic layer deposition technology for mass deployment, recognizing the shift from testing the product for specific application requirements to scaling the technology according to grow...

09 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Metal Industry Outlook, FY 2019

Backed By Government Policies, Industry Consolidation, and Technology Infrastructure Upgrades, the Metal Industry is Set to Witness a 6% y-o-y Demand growth in FY 2020

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Indian metal market growth in 2019 witnessed global, macroeconomic and industrial factors, such as trade wars, an increase in industry consolidation, plant closures, and restricted imports. The industry’s main objective remained cost optimization, raw material sustainability, and process efficiency. The Indian Government’s flagship programs—Mak...

MIM is very cost-effective for manufacturing high volume complex parts. The technology allows varied industries to produce components with very minimal metal (material) wastage. MIM reduces assembly part count and the number of bond joints in a component. This reduces the requirement of an assembly process (machinery, equipment) and associated manp...

Korea is one of the world’s biggest innovators in terms of research and development, patent activity, number of high-tech companies, value-added manufacturing, and researcher density per million of population. Korea’s remarkable economic rise over the past decade can be attributed to the high amount of innovation and the rapid technology developmen...

Additive manufacturing (AM) technologies have been undergoing considerable technological growth in recent years. The technology is playing an instrumental role in transforming several industries, such as automotive, aerospace, medical, and oil and gas. Due to the advantages of AM technology, it is now witnessing immense traction from the constructi...