Insights

As industry 4.0 technology continues to advance, existing data can be harnessed to develop machine-learning solutions that deliver real value, optimize decision making, increase flexibility, and attract top talent.

In recent years, the Russian government has fully supported the development of the machine tool and automobile industry and has continued to try to get rid of the impact of continued Western economic sanctions and the decline in international crude oil prices. Therefore, the Russian government is actively promoting various "import substitution" and "production line modernization" policies.

Today we are going to learn more about "under one roof" in manufacturing. All disciplines are under one roof, which brings several advantages.

Russia is one of the four BRIC countries. The reason why Russia is listed as the BRIC is that Russia has a wealth of raw materials. Russia is easy to stand firm in the development of industrial production based on a balanced defense manufacturing industry foundation pace. But also because of Russia's abundance of raw materials, its export industry projects are too focused on fuel and energy products.

Looking forward to the global offshore wind power market from 2019 to 2030, the annual compound growth rate will reach 15.2%. The global cumulative installed capacity will reach 86GW in 2025 and 142GW in 2030. China, the UK, and Germany will become the world’s top three markets. India, the United States, and Taiwan will become emerging markets with the greatest growth potential!

There are two kinds of RFID systems that exist- passive and active. If you're new to RFID, you might be wondering what the difference is between these types, and which one is best for your application. Below, we provide a short answer.

Metal fabricators looking to take on finishing should know about two of the most common finishing alternatives—liquid and powder coating—and the requirements involved for a company hoping to apply one or both.

The world has entered the era of Industry 4.0. robots assist human manufacturing, emphasizing the use of "human-machine collaboration" to move toward smart production. In recent years, the population aging problem faced by developed countries has caused the production costs of industry and manufacturing to increase year by year. Enterprises have deployed automation equipment to improve production efficiency. Various industries have also undergone tremendous changes in this intelligent wave.

The trade war and the epidemic have impacted the global economy. No country can stay aside. As the world's top three exporters of machine tools, Japan is also facing the dilemma of a simultaneous decline in export and domestic demand! Although the orders from China in June ended Japan’s 27 consecutive months of negative growth over the same period, the machine tool industry’s demand for face-to-face with customers and delivery of machine installations has stagnated because the restrictions on movement have not been lifted, and the original production plan in the case of delay or contraction, all localities remain cautious about investment. Facing the impact of the epidemic, Japan’s Ministry of Economy, Trade, and Industry have also offered relief measures for manufacturers, including rent, working capital, preferential loans, and trade insurance, to avoid large-scale corporate failures in the country, and encourage Japanese companies to increase capital investment. Maintain the momentum of economic growth.

As most of the world still struggles with the coronavirus pandemic, China is showing once again that a fast economic rebound is possible when the virus is brought firmly under control.