Manufacturing industry trends to expect in 2022

 

Manufacturing industry trends to expect in 2022

  • Manufacturing is a key industry of the economy worldwide.
  • In 2020, the manufacturing sector in the USA accounted for almost 11 percent of the GDP.
  • Manufacturers must innovate at a fast pace to stay alive in an evolving world.
Consumer-focused manufacturing
  • Focus on meeting consumer needs through product development and innovation.
  • Employing new technologies.
  • Make consumer voice a priority.

Streamlined supply chains

  • Meet demand through more consistent and streamlined supply chains.
  • Maximize capacity by fully utilizing the production space.

Connected services

  • Enable tracking the product in real-time during production and delivery.
  • Simplify customer experiences across different channels.
  • Consumers engagement with brands
  • Deepening relationships with customers

Smart factories

  • Optimize smart factories, powered by interconnected machines, sensors, and software applications
  • Delivering real-time information on product status.
  • Proactively identify problems and react quickly.

Industry 4.0 and the digital economy

  • Shifting from traditional manufacturing to Industry 4.0 or the digital economy.
  • Embracing new technologies like robotics, machine learning, cloud network, and augmented reality.

Sustainability

  • Creating products that are safe for employees, consumers, communities, and the environment.

Automation

  • Automate assembly lines without human workers using software or mechanical robots.
  • Lower labor costs.
  • Boost production efficiency.

Data-Based manufacturing

  • To predict business outcomes, improve decision-making, predictive maintenance and product development.
  • Reveal hidden insights.

Technically advanced workforce

  • Recruit a technically advanced workforce to implement Industry 4.0 technologies.
  • Skilled workforce with science, technology, engineering, and mathematics (STEM) skills.

Reduce carbon footprints

  • Recycle, re-use, and sustainability.
  • Shift toward Eco-friendly practices and renewable energy sources to conserve resources and reduce costs.