Five Manufacturing Trends to Watch in 2020
The Future Is Now
Both the immediate and long-term future of the manufacturing industry will be defined by the development of several evolving trends and cutting-edge technologies. According to the Assoc. of Equipment Managers (AEM), many of these are poised to have a significant impact in 2020 and beyond, so it’s critically important for manufacturers to develop a keen understanding of what they are and how they will grow over time. Here are the five most notable trends the AEM sees impacting those within the industry, both this year and in the future.
Manufacturers of all types and sizes are increasingly looking into — and investing in — wearable devices with different sensors that can be used by their workforce. According to a recent article from EHS Today, electronic features found in wearable devices allow for organizations to monitor and increase workplace productivity, safety, and efficiency. In addition, employers are now readily capable of collecting valuable information, tracking activities, and providing customized experiences depending on needs and desires.
Effective equipment maintenance is central to the success of any manufacturer. So the ability to predict impending failures and mitigate downtime is incredibly valuable. Predictive maintenance gives manufacturers the means to optimize maintenance tasks in real time, extending the life of their machinery and avoiding disruption to their operations.
However, iIn order to successfully build a predictive maintenance model, manufacturers must gain insights on the variables they are collecting and how often certain variable behaviors occur on the factory floor.
Smart factories are becoming the norm in manufacturing, and they rely on connected devices to leverage technologies like automation, artificial intelligence, and more. In addition, these devices are capable of sensing their environments and interacting with one another. As factories of the future continue to grow and develop, manufacturers need to realize that they must be able to adapt the networks that connect them, efficiently and effectively.
VR and AR
When it comes to using augmented reality (AR) and virtual reality (VR) in manufacturing, the possibilities are endless. Whether it’s helping make processes more efficient, improving product design and development, or maintaining machinery more effectively, these technologies are capable of becoming game-changers in the coming years.
According to an article from PwC, manufacturers are becoming more adept at finding ways to incorporate these technologies within their organizations in an effort to drive a future defined by digital connectivity. In fact, one in three manufacturers have adopted — or will adopt — VR and AR in the next three years.
The importance of cybersecurity in manufacturing cannot be overstated. More and more connected devices are being integrated into organizational processes each day, so it almost goes without saying that the manufacturing industry needs to develop a keen understanding of how to best deal with them.