The effects of Industry 4.0 in many industries have already been seen, with improvements to existing value propositions emerging, or entirely new ones being developed. In aviation, digital technology has already fundamentally changed the airline industry landscape.
Scroll saws and band saws look pretty similar at first glance. They both have a work table and feature a blade that runs perpendicular through the center of it. But that’s where the similarities end. These are actually two very different pieces of equipment.
Japan is the third country in the world to establish a machine tool industry and realize industrialization after the United States and Germany.
Sharpening, shaping, buffing, stripping, polishing, these are just a few applications possible with a variable bench grinder.
How to choose the rise of India's manufacturing industry and whether it can accelerate its growth will determine whether Taiwan's machine tool industry can find a new blue ocean in South Asia as expected.
Ecosystems are built on three layers: infrastructure, intelligence, and engagement.
2020 is a year of global economic challenges. The United States has the worst epidemic in the world, ethnic conflicts, and political turmoil, but US stocks have soared. After the epidemic and ethnic conflicts, when and how will the US economy restart?
The global economic development is weak in 2019. Events such as the China-US trade war, Brexit, Hong Kong anti-extradition, and Taiwan’s presidential election have greatly increased economic uncertainties.
According to the International Economic Forecasting Agency, the global economic growth of this year (2020) is almost the same as the growth rate of 2019. However, the impact of the covid-19 may affect the economy of various countries in the short term and even impact the industrial supply chain. The current situation of the international economy and explain the possible influence factors of the recent development of the North American market, including the US-Canada-Mexico Agreement, the US-Japan Agreement, the US-China trade war, etc., and then the development of the supply chain changes explore the outlook for the North American market.
Japan is one of the leading countries in the machinery industry, with superb machinery manufacturing technology, and the output value of the machinery industry accounts for about half of Japan's overall manufacturing industry.
Aerospace components must guarantee personnel safety and facilitate the optimal performance of high-precision instruments and machines.
In 2020, Taiwan's machinery industry will first stabilize its foundation and upgrade its technology, and gradually expand the demand for intelligence at home and abroad. In the future, it is expected to increase the market for smart machinery and smart manufacturing, and accelerate the realization of its vision of two trillion yuan in output value by 2025.
Falcon machine tools said that this time they negotiated with MIKIPULLEY and Ebarashoji, and both parties have agreed to arrange sample shipments and production line visits.
Artificial intelligence (AI) has the potential to transform how healthcare is delivered. A joint report with the European Union’s EIT Health explores how it can support improvements in care outcomes, patient experience, and access to healthcare services.
Taiwan's IBM announced that it has joined forces with a large domestic solution integrator (SI) to identify the pain points that are difficult to integrate between IT and OT in the manufacturing industry, and uses the IBM Smart Manufacturing 5C maturity model as the blueprint. Both parties will provide pre-introduction evaluation services, depending on needs. However, SI will provide OT and IT integration services, or IBM will provide more data-driven AI value-added services.
The US-China trade war has triggered a major reshuffle of the supply chain. The global manufacturing industry is facing unprecedented challenges. In the process of transforming smart manufacturing, the biggest problem is the integration of operating technology (OT) and information technology (IT). Only by working with the smart manufacturing ecosystem can we have a chance to survive in the changes and seize future business opportunities.
Plastics waste is hurting the chemical industry as well as the environment. By taking the lead on recycling, chemical players could add a new dimension to the industry and help solve the problem.
The U.S. government intends to impose taxes on American companies producing overseas, which should be moved back to the U.S. for domestic manufacturing.
Vietnam is one of the countries in Asia and the ASEAN that is most actively promoting regional economic integration. So far, it has passed and implemented 10 bilateral trade agreements, including ASEAN and Japan, South Korea, Chile, and the Eurasian Economic Union.
Six trends are shaping the global chemical industry. While they spell uncertainty in the global context, they could open near-term opportunities in India.