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Global manufacturing industry growth reached 3.8% in 2022

Control Engineering

Market Insights Machinery sector growth outperformed manufacturing in 2022. London, 31 st January 2023 – Updated research by Interact Analysis shows that Asia Pacific (APAC), Europe and the US have performed very differently in terms of manufacturing output growth during 2022. Americas region to grow by 3.1% for Europe.

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The Role of Artificial Intelligence in Manufacturing

ATS

More manufacturers than ever are drawing upon AI in production and other areas of the manufacturing process, taking advantage of technology that is more accessible than ever while understanding the need to keep pace with competitors and innovators who are setting today’s bar with the adoption of AI tools.

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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% Could the global malaise stick?

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Taking a different approach to DCS upgrades

Control Engineering

Embracing concepts and technologies such as artificial intelligence (AI), machine learning (ML) and smart manufacturing can help. Today, pharmaceutical production plants must embrace more flexible production and faster process implementation to reduce time to market for new product developments.

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How a collaborative approach is driving Ireland from Industry 4.0 to Industry 5.0

Control Engineering

Learning Objectives Understand how Ireland fosters collaboration and innovation among manufacturers. See how workforce development and training initiatives can support innovation in manufacturing. Learn about innovative manufacturing projects underway in Ireland. Industry 5.0 insights Whereas Industry 4.0 Industry 5.0

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Automation mergers, acquisitions, capital markets analysis: June 2023

Control Engineering

Bundy Group , an investment bank and advisory firm, provides an update on mergers & acquisitions and capital placement activity for companies that address the manufacturing and plant management fields. This means it is now the world’s largest independent provider of serialization solutions for the pharmaceutical and life sciences sector.

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Looking at India’s growing role in global manufacturing and its long-term impact

Control Engineering

Global manufacturing insights India is looking to take a more assertive role in the short- and long-term as a global manufacturing power in the way China has. While they might be powerful in concentrated sectors, Interact Analysis projects China will continue being the dominant player in global manufacturing.

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