Remove 2028 Remove Bottleneck Remove Sourcing
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Electronics Manufacturers face a future full of challenges – Are you ready?

Manufacturer's Monthly

Are you prepared to source ethically, manage fluctuations, and explore alternative materials? The global consumer electronics market is expected to increase by 99% annually from 2024 to 2028 but this figure won’t account for month-on-month fluctuations. The demand for critical minerals used in electronics is expected to double by 2040.

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Siemens Industrial Copilot Expanded, Adopted by Thyssenkrupp

Fabricating & Metal Work

In fact, according to a recent Gartner report, by 2028 75 percent of developers will regularly use generative AI to assist with code creation, up from less than 10 percent in early 2023. Machine downtime can be significantly reduced, production bottlenecks can be resolved faster, and shift handovers will work more efficiently.

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Expanding Data Center Colocation Services in Emerging Geographies and Seizing New Growth Opportunities

Frost & Sullivan Manufacturing

Consequently, providers feel the urgency to adopt sustainable practices, advanced cooling solutions, and renewable energy sources to reduce their carbon footprints. billion by 2028. This region is poised to unleash new opportunities worth $3.01

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Back In Action: An MCMT Special

Dinesh Mishra

Billion by 2028, exhibiting a growth rate (CAGR) of 12.2% during 2023-2028. For the machines being used for precision applications, most of the critical raw materials like CNC, LM guideways, ball screws, and bearings have to be imported due to a lack of local source of supply. The Indian toys market size reached US$ 1.5