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Global manufacturing output to grow only 0.3% in 2024

Control Engineering

Global manufacturing insights Europe still buffeted by the economic storm, with Germany’s manufacturing economy set to shrink by 1.4% Manufacturing growth in the U.S. Between 2023 and 2028, machinery production (as a sub-sector of manufacturing) is expected to grow faster than the manufacturing sector overall.

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How the automotive industry can turn data into their advantage

AU Manufacturing

Article by Joe Craparotta, VP IT Business & Strategic Segments, Schneider Electric. For the automotive industry , edge computing represents a solution to latency, bandwidth, and autonomy challenges, as well as regulatory and security requirements, that hold us back from reaching the full potential of data.

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Manufacturing industry recovery dependent on prudent fiscal policies

Control Engineering

Global manufacturing insights The Interact Analysis Manufacturing Industry Output (MIO) Tracker predicts a slight dip in global manufacturing industry output in 2024, followed by an uptick in 2025, contingent on appropriate fiscal policies and stimulus initiatives. contraction – rather than 0.3%

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Honoring Excellence in Mold Manufacturing

Mold Making Technology

Lead time is the culmination of the entire mold manufacturing process. A quality mold delivered on time results from a team of professionals working together from sales, design and manufacturing to validation, delivery and support. Armin Tool & Manufacturing Byrne Tool & Die Cavalier Tool & Manufacturing Century Die Co.

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Accenture invests in humanoid maker Sanctuary AI

Robotics Business Review

Credit: Sanctuary AI In its Technology Vision 2024 report , Accenture said 95% of the executives it surveyed agreed that “making technology more human will massively expand the opportunities of every industry.” This article will be updated if more details are learned. Financial details of the investment were not disclosed.

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Semiconductor slump challenges global manufacturing growth

Control Engineering

Global manufacturing growth in 2024 to be propped up by China; many other regions projected to experience a small contraction next year. Global manufacturing is expected to grow by 0.4% in 2024, but if China is removed from this forecast, growth falls to become negative at -1.7%. in 2024 in China.

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Strengthening the UK and Ghana partnership

SMMT

Ghana Automotive Sector Article With a large overall market and several well developed automotive manufacturing centres, Africa’s automotive profile is on the rise. Ghana’s Automotive Sector According to Ghana JET, the countries’ automotive sector is worth $4bn with 15% CAGR. units by 2027.