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Utilizing virtual twins to improve manufacturing operations

Control Engineering

Virtual twin insights Manufacturers face many challenges including evolving technology, rising costs, shrinking profit margins with sustainability concerns and persistent supply chain instability. Four industry challenges in the automotive industry are particularly prevalent, Braford said: Evolving technology.

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Why 2023 promises great expectations in a value-driven EV market

E&T

Based on data from the Society of Motor Manufacturers and Traders (SMMT), this could be the result of different factors that are currently affecting the automotive industry, including rising inflation and cost of raw materials. Due to the current cost of battery manufacturing, many EVs cost more than a comparable ICE vehicle.

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Perpetual Wisdom

Dinesh Mishra

One of the primary trends is the increase in domestic manufacturing capacity, the narrowing technology gap and a wider range of products. with a focus on digitization and smart manufacturing. The market for CNC (Computer Numerical Control) machines is expanding rapidly, driven by the automotive and aerospace sectors.

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Championing Innovation and Excellence in the Machine Tool Industry

Dinesh Mishra

One of the primary trends is the increase in domestic manufacturing capacity, the narrowing technology gap, and a wider range of products. with a focus on digitization and smart manufacturing. The market for CNC machines is expanding rapidly, driven by the automotive and aerospace sectors.