Demand for automation and robots is surging in multiple industries, including automotive, writes the CEO of Thomas.com.
Living with the day-to-day reality of COVID-19 can be challenging for individuals. Running a business in this pandemic era is an order of magnitude harder.
Additive manufacturing (AM) in medicine continues to grow each year. It is a remarkable enabler, but the industry is fraught with barriers to adoption, slow for the sake of patient safety.
With today’s focus on lightweighting, hollow parts made from composite materials, such as ducting, fuel tanks, mandrels, and rocket shrouds, are in higher demand than ever before. The composite ducting market in the aerospace and defense sector alone is expected to reach $864.7 million by 2024, according to a recent report from Stratview Research.
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With vaccinations on the rise, the in-person collaboration that is still essential to doing business, including trade shows, is growing. But challenges to recovery from the pandemic remain. Global supply chains are struggling with multiple disruptions. Shipping rates are historically high. Computer chip shortages are curbing output.
Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.
U.S. Manufacturers looking to retain customers and maximize profits need to innovate their operations, including changing how they get paid.
