Projected 2017 Manufacturing Trends
One of the smartest tactics you can utilize to make your manufacturing business successful is to remain aware of industry trends. Trends tend to follow along at a yearly curve and it is never too early to begin focusing on upcoming projections and how you might incorporate them into your company. To assist you in your planning for the upcoming 12 months, we’ve compiled a short list of some of the strongest manufacturing trends for 2017.
Trend #1: Green Manufacturing
While green manufacturing has been on the scene for several years now, the trend continues to rise as pollution and unnecessary waste production remains a concern. Lean manufacturing practices that reduce waste are high on the trend list of green business practices and the use of renewable energy sources not only aid in this task, but also have the added benefit of significantly reducing manufacturing costs. Products manufactured with recyclable or renewable resources also continue to gain favor with consumers, improving your reputation and increasing sales.
Trend #2: Automatic Factories and Repairs
Robotics is a form of automation that is being increasingly used in manufacturing and this trend will continue to rise in 2017. Initially, manufacturing automation was primarily centered around the automotive industry, yet by 2012, automobile manufacturing accounted for only 50% of utilized automation, reflecting the strength and popularity of this particular trend. The addition of remote monitoring and vision systems will only foster continued growth in this manufacturing trend in 2017 and beyond.
Trend #3: Nearsharing (or Newshoring)
Nearsharing (also known as Newshoring) uses technological advances to constantly monitor your production equipment and catch any malfunctions before a full breakdown occurs. An alert system warns you when your machinery requires maintenance or is functioning poorly in any way, preventing costly production freezes and breakdowns. Machinery that is so advanced that it can diagnose itself and the ability to make any necessary adjustments or repairs remotely are high on the list of trends for the next year.
Trend #4: 3D Printing
3D printing is completely revolutionizing the manufacturing industry by enabling faster prototyping, design advances, and small batch production. Research and development is also greatly improved with 3D printing technology and a single prototype can be created and evaluated without long term, costly standard development. The seemingly limited possibilities 3D printing offers makes it a definite trend to watch and invest in in 2017. Inora’s software would create more accurate additive manufacturing
Trend #5: Social Solutions and Crowd Sourcing
Coming up with new ideas through the use of brainstorming is nothing new to the manufacturing industry, but a new trend is evolving with regards to how brainstorming is performed: employing social networking and crowd sourcing. These relatively new platforms provide companies with new ideas and problem solving techniques and enable industry leaders to receive instantaneous, real-time feedback both from other experts and customers.
Brainstorming for the creation of new products is not a new concept. The evolving trend is how the brainstorming is performed. Social media and crowd sourcing are providing companies with new ideas for meeting industry needs and new ways of solving problems.
While there is no way of completely predicting the future of industry growth and profit, paying close attention to these 2017 trends will aid your company in its growth and profitability.
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