Two super-hard materials which are commonly used in industrial processing are diamond and cubic boron nitride. After a series of processing procedures, these two super-hard materials can be made into various tools or used directly in various devices. Here we focus on one application, the diamond grinding tool.

Planetary reducers have been in existence for more than 30 years. During this time, planetary reducers only appeared in high-end equipment in Europe and America. But now, with new trends in automation, planetary reducers have been widely adapted for use in industries including in the machine tool, semiconductor, packaging, medical, food, aerospace, and other industries. High, medium and low power servo motors with planetary reducers have become standard. What are the applications and advantages of planetary reducers? This article will let you know more about planetary reducers.

Germany is the second-largest producer of machine tools in the world, after China. Advanced German machine tool technology has led the development of the machine tool market.

Smart manufacturing utilizes advanced manufacturing technology and provides solutions through AI, the Internet of Things, big data, cloud, edge computing, and other technologies to substitute the production process with an intelligent manufacturing model and customize products according to customer needs.

From cars to computers, coffee machines to children’s toys, almost everything we use on an everyday basis is produced by manufacturers. So manufacturing is often described as a key building block of society. Manufacturing has evolved over the centuries, from human-centered methods to machine-reliant assembly lines to the highly automated factories we’re beginning to see more of today. As industry continues to evolve, numerous trends are combining to transform manufacturing. These quickly developing new trends have emerged so fast that they have been referred to as “Industry 4.0.”

Through the assistance and support of the service industry, we can add value to the manufacturing industry, enhance the international competitiveness of the manufacturing industry, and create greater comparative advantages and profit space.

The low-code development environment allows users with less technical knowledge to build entire business applications on their own without the assistance of IT staff.

The outbreak of the pandemic has caused the shutdown of supply-side factories around the world and the interruption of supply chains. The demand on the market side has also decreased, and the production of major global machinery products has been affected.

Wisdom Manufacturing (WM) is the use of advanced manufacturing technology and new-generation information technologies such as the Internet of Things, big data, cloud computing, artificial intelligence (AI), etc., to highly customize every link of the production process and use advanced manufacturing models to adapt to rapidly changing external market demands.

In 2020, the global machine tool market was worth 111.36 billion U.S. dollars. Affected by the COVID-19 epidemic and the Sino-US trade war, China’s import and export value of machine tools declined by 17.7% and 11.5% respectively in 2020 compared to 2019. However, it is still the world’s largest machine tool market, accounting for approximately 35% of the world’s total.

The manufacturing industry has faced multiple operational obstacles caused by the pandemic. How can companies use digital technology to strengthen the industrial ecological chain and their own health in an all-around way?

Industrial Internet of Things (Indusrial IoT, or IIoT) is the expansion and use of the Internet of Things (IoT) in industrial applications. Industrial IoT focuses on machine-to-machine (M2M) communication, big data, and machine learning (ML) to make industrial operations more efficient and reliable. IIoT covers the entire industrial application, including robotics, medical equipment, and software-defined production processes.

Improving production efficiency is the foundation for the manufacturing industry to gain a firm foothold. The manufacturing industry achieves smart operations by introducing AI applications, automatically identifying abnormalities, or making adjustment suggestions, and assisting companies in achieving more accurate adjustments to machines and upgrading equipment. During the process, the traditional manufacturers are transformed into the smart manufacturers.

Since Germany called out "Industry 4.0", the related issues have quickly fermented around the world. U.S. government immediately put forward the "Advanced Manufacturing Partnership Program (AMP)" focusing on emerging technologies that can be quickly commercialized. Government R&D facilities are shared to promote industry one-stop collaborative R&D capabilities, reducing the risks of commercialization.

With the global economic development, the demand of the consumer market has driven the vigorous growth of the textile industry. However, under the business model of production-based sales, excessive production has not only caused environmental pollution but has also caused unnecessary waste of resources. Over the past few years, this has led the United Nations and the European Union, to begin to advocate "sustainability" and "environmental protection" as the focus of global development for the next 10 years.

The global industrial valve market will reach 85.6 billion U.S. dollars in 2022. From the perspective of product technology leadership, European countries, especially Germany, and the United States, are the main leaders, followed by Taiwan, Japan, South Korea, China and India.

In terms of 2019 data, India is the world's 10th largest machine tool producer and the world's 8th largest machine tool consumer. The Indian government has set a target for India’s manufacturing output value to account for 25% of GDP by 2025. Together with the prime minister’s active promotion of "Made in India", it will bring a huge boost to the demand for machine tools in India. The Indian machine tool market still has considerable development potential, and the Indian manufacturing market is rising rapidly.

South Korea is a country lacking natural resources. Its economic development is export-oriented, and its industrial structure is dominated by heavy chemical industries. The five major industries, including automobiles, shipbuilding, semiconductors, steel, and smartphones, earn a lot of foreign exchange for the country's economic growth.

The United Nations Industrial Development Agency (UNIDO) announced the July 2020 World Manufacturing Competitiveness Index (CIP) which is based on 2018 indicators. South Korea ranks third after Germany and China among 152 countries in the world. CIP is a composite index of 8 items including per capita manufacturing, value-added, and manufacturing export value. It reflects the overall competitiveness of the manufacturing industry in each country. UNIDO publishes the CIP every other year.

There are many reasons for manufacturers to move their offshore or near-shore production bases to Mexico. The advantage of cheap labor is one of the most prominent.