Market trends and business perspectives
The manufacturing industry has always been a ripe place for employment. It is continually growing and expanding due to research and development.
Many people don’t realize just how rewarding a career in this industry can be. The job requires attention to detail, passion, and commitment.
Below are some reasons why you should strongly consider a career in the manufacturing industry. [Read more…] about Reasons to Consider a Career in the Manufacturing Industry
Wikifactory, an online platform for collaboratively creating physical products, has secured $2.5 million in pre-series A funding from existing shareholders and new investors including, Seier Capital, the investment vehicle of Lars Seier Christensen. This brings Wikifactory’s funding to date to a total of nearly $8 million.
Wikifactory enables developers, designers, engineers and startups from across the globe to collaborate, prototype and produce hardware solutions in real-time that solve real world problems.
The company is working to build the Internet of Production, which is an emerging concept of a distributed, interoperable, open standards-based system, linking together product definitions, software services, and manufacturing-as-a-service (MaaS) solutions. [Read more…] about Wikifactory secures $2.5 million funding to expand its manufacturing marketplace
MakerBot and Ultimaker, two of the best-known startups in desktop 3D printing, have come to a “business combination agreement” – or a merger.
The company says the move will accelerate the adoption of additive manufacturing by providing a comprehensive desktop 3D printing ecosystem of hardware, software, and materials.
The new entity will be backed by existing investors, NPM Capital and Stratasys, and will benefit from a planned cash investment of $62.4 million to fuel innovation and expansion into new markets. [Read more…] about Additive manufacturing startups MakerBot and Ultimaker agree to merge
Comau has expanded the end-to-end body manufacturing lines at one of the most modern car manufacturing plants in the Brazilian state of Pernambuco to produce the new 7-seat Jeep Commander SUV.
Comau has been tasked with increasing the flexibility of 14 complex lines to handle 4 different vehicle models in a completely random production flow.
The increased flexibility also extends to model-specific assembly, welding and quality inspection operations based on available inputs. [Read more…] about Comau expands Jeep manufacturing lines in Brazil
Worldwide sales of semiconductor manufacturing equipment in 2021 surged 44 percent to an all-time record of $102.6 billion from $71.2 billion in 2020, SEMI, the industry association representing the global electronics product design and manufacturing supply chain, reported.
The data is now available in SEMI’s Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report.
China claimed the largest market for semiconductor equipment for the second time with sales expanding 58 percent to $29.6 billion to mark the fourth consecutive year of growth. [Read more…] about Global semiconductor manufacturing equipment sales surge 44 percent to record $103 billion
Manufacturing plastic products requires the use of injection molding machines. These come in a variety of sizes and types, each of which is designed for specific applications.
In this article, we will take a look at some of the more popular types of injection mold machines and what they’re used for.
Injection molding machines are classified by the type of driving system they use. There are four main types of injection molding machines, all of which vary slightly in terms of cost, speed, and size. [Read more…] about Different Injection Mold Machines and What They’re Used For
Global fab equipment spending for front-end facilities is expected to jump 18 percent year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth following a 42 percent surge in 2021, according to a report by industry association SEMI.
Ajit Manocha, president and CEO of SEMI, says: “Crossing the $100 billion mark in spending on global fab equipment for the first time is a historic milestone for the semiconductor industry.
“This significant achievement is a tribute to the relentless drive to add and upgrade capacity to address a diverse range of markets and emerging applications, solidifying expectations for long-term industry growth to enable electronics for the digital world.” [Read more…] about Spending on semiconductor fabrication equipment expected to reach record $107 billion in 2022
From robotics to dentistry and from food to metals, 3D printing is exponentially maturing
It doesn’t take a great degree of imagination to picture future applications for 3D printing in robotics, as examples of how the technology is already being used in the industry easily lend themselves to extensions on concepts.
3D printing is heavily utilized in the design of robots due to the flexibility and customization that 3D printing provides.
It’s next to impossible to find exact statistics, but one estimate is that at least 40 percent of the top 2,000 manufacturers are now utilizing intelligent machine tools and 3D printing as a way of optimizing material usage and reducing waste. [Read more…] about 3D Printing the Future: The Move into Mainstream Serial Production Accelerates
The PCB manufacturing industry is becoming complex daily with the shrinking size of components and circuits.
The high density of components, multiple layers, delicate and tiny parts, and small pitches demand precision and extra care in this industry.
As a result, despite being a technology-intensive industry, it is still labor intensive. [Read more…] about How Do Robots Widely Apply in PCB Manufacturing
Manufacturing automation specialist Festo says it is “investing heavily” in automating the production of batteries for electric vehicles.
Festo says the trend towards electrification has led the company to pour in almost three-quarters of all its investment money into electrification initiatives.
Basically, there are many “gigafactories” and other types of battery manufacturing facilities being planned and built – and Festo is involved in developing manufacturing systems for a good number of them. [Read more…] about Festo ‘investing heavily’ in automating electric vehicle battery production
