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Automotive sales in 2021 continued the seismic shift to electric vehicles (EV) that began in 2020, defying even the most bullish estimates as global EV sales grew by more than 100% year over year (YoY) with close to 6.7 million units sold to achieve 8.9% penetration in the passenger car market. China and Europe led the way, closely followed by the ...

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...

This research service gives an overview of the trends in automotive production in ASEAN, which includes Thailand, Malaysia, Indonesia, Vietnam, and the Philippines, with detailed focus on the key automotive markets of Thailand, Malaysia, and Indonesia. It focuses on the production trends in the market in 2013 with forecasts for 2014-2017. It inclu...

10 Oct 2018  |  North America  |  Market Research

RFID in Global Manufacturing 4.0 Market, Forecast to 2025

Industrial Internet of Things (IIoT) and Smart Manufacturing Will Drive RFID Implementation

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This study analyzes the total global RFID market in manufacturing. Greater demands for visibility and control over businesses are driving RFID deployments across industries globally. The market is at a growing stage and growth will be seen in the automotive, aerospace and defense, food and beverage, electronics and electrical equipment, metals and ...

The industrial sector accounts for 20% or more of global emissions and is working toward achieving global climate targets set in the 2015 Paris Agreement. The study analyzes solutions that modern manufacturers can adopt to reduce process emissions significantly without compromising on the manufacturing activities. Government and technology play a v...

With the advent of Industry 4.0 and smart factories, digital manufacturing technologies have been experiencing exponential technological growth. Disruptive technologies are playing a vital role in the revolutionary transformation of many key industries, such as aerospace, automotive, industrial automation, healthcare, and oil and gas. 3D printing, ...

Process standardization across plants located in different regions is key for accurate manufacturing intelligence. Further, the need for real-time visibility in manufacturing operations, the progressive transformation into a demand-driven economy, and the need to effectively manage evolving challenges will drive the market. This study provides mark...

The development of augmented reality (AR), virtual reality (VR), and extended reality (XR) technologies expect to accelerate in upcoming years. Technology developers and adopters across various industries experiment with these innovations for mass deployment, driving the shift from product testing for specific application requirements to scaling th...

The industrial machinery manufacturing sector registered strong growth in 2023, aided by increased consumer demand and the launch of new technologies and products. Increased collaboration between machinery OEMs, automation, and the Internet of Things (IoT) vendors is expected to help industries such as water and wastewater, chemicals, and oil and g...