The local manufacturers in San Antonio, Texas
are adopting IoT technology to create smart factories. Manufacturers are being
enrolled to learn Manufacturing 4.0, a concept that uses IoT and Big data to
improve overall productivity.
United
States: Local
manufacturers in San Antonio, Texas are adopting Internet of Things (IoT)
technology that can create smart factories. Approximately 100 people are
expected to get a crash course in a Manufacturing 4.0, a concept that uses the
internet of things and big data to improve productivity.
The Product Marketing Manager
for Desoutter Industrial Tools explained that Manufacturing 1.0 is
mechanization with the help of steam and water, while Manufacturing 2.0 started
in the 1800s with mass production and mechanized assembly lines. Manufacturing
3.0 created in the beginning of the Mid-20th Century and included
the use of computers, robots and automation. Manufacturing 4.0 is a in line
with people and computers working together.
The
term Manufacturing 4.0 was introduced at the Hannover Messe trade
show in Germany and since then, smart tools have been widely adopted in the
United States across all sectors in manufacturing.
Desoutter
has emerged as one of the leading makers of Manufacturing 4.0 technology, which
has designed smart tools to transmit data to a central hub where the generated
data can be analyzed to improve efficiency and anticipate maintenance issues.
The
technology has allowed humans to communicate with machines easily. The experience
can be improved using virtual reality tools and real-time tracking of
components on the plant floor. There are however many barriers in the adoption
as the technology is a bit costly, and there is a growing fear of change.
Many
robot-assisted companies like Amazon in Schertz are already using order
technology to track a product's movement across the floor. Toyota Motor
Manufacturing Texas Inc. in south San Antonio uses automated guided vehicles,
or AGVs, to supply parts and components to work stations.
According
to TechSci Research, the decision by local
manufacturers to adopt IoT in manufacturing is a great initiative which will
allow them to improve productivity and anticipate maintenance issues. Internet
of Things (IoT) is a continuous connected network system of embedded devices which
allow communication without any human intervention. The services used to
support essential features and components of IoT network are known as IoT
services. The Global IoT services market is expected to witness robust growth due
to the growing technological advancements and increasing initiatives for
automating processes. The rapidly growing volume of data generating the need
for data analytics is expected to propel the growth of the global IoT services
market in the coming years. The decision is also likely to affect the IoT in
Manufacturing Market in the United States as well as act as a guiding force for
the Smart Buildings Market in the coming years
According to the recently
published report by TechSci Research, “Global
Internet of Things (IoT) Services Market, By Type, By Application,
By Region, Competition Forecast & Opportunities, 2011 - 2021”, Global IoT services market is
projected to exhibit a CAGR of over 24% during 2016-2021, owing to rising
internet and smartphone penetration, growing Industrial IoT (IIoT) adoption,
coupled with increasing number of smart city projects across various countries.
Managed services dominated global IoT services market in 2015 and the trend is
anticipated to continue during the forecast period as well, owing to increasing
number of government initiatives towards digitization and increasing IT
spending on security services. Although, high demand for IoT services across
the globe is emanating from healthcare, smart homes & buildings, smart
cities, etc., manufacturing segment dominated global IoT services market in
2015, on account of rising need to reduce costs and increasing demand for data
analytics.
According
to the recently published report by TechSci
Research, “United
States IoT in Manufacturing Market, By Component (Solutions,
Platforms and Services), By Application Area (Predictive Maintenance, Business
Process Optimization, etc.), By Vertical Market (Energy & Utilities,
Automotive, Food & Beverages, Aerospace & Defense, etc.), By Company,
By Region, Forecast & Opportunities, 2013-2023”, United States IoT in
Manufacturing Market is expected to grow at a robust CAGR by 2023, owing to
increased digitization in manufacturing and growing adoption of new
technologies such as IoT and Big Data across various industries. Moreover, the
rising investments in R&D and the emergence of intelligent machine
applications will propel the growth of the market further. Based on the vertical,
the energy and utilities segment is expected to lead the market due to
applications like process optimization, plant automation etc. Based on
components of the IoT in Manufacturing market, the services segment is
projected to lead the market due to the application of managed services in
deploying IoT based on consumer preferences.
According
to the recently published report by TechSci
Research, “Global
Smart Building Market , By Building Automation Software (Intelligent
Security System, Building Energy Management System), By Services (Professional
Services and Managed Services), By Building Type (Residential Buildings,
Commercial Buildings ), By Company and By Geography, Forecast &
Opportunities, 2023”, Global
Smart Building Market is expected to grow at a CAGR of over 33% over the next
five years. The major factors that drives the market are growing need for
integrated security and safety systems and decreasing operational cost.
Moreover, in 2017, services segment is growing at the highest CAGR and is
expected to maintain its dominance over the next five years. Based on region,
Europe region is expected to have the largest market share during the forecast
period due to government initiative to further push smart and zero energy
buildings.
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