Frost.com - Industrial Automation and Process Control Research http://www.frost.com/c/10097/home.do - Industrial Automation and Process Control Research Mon, 19 Feb 2018 19:46:10 Innovations in Additive Manufacturing, Nanostructure Manufacturing, Digital Twin, and Improved Slurry Flow Solutions http://www.frost.com/prod/servlet/sublib/display-report.do?id=D718-00-68-00-00 This issue of Advanced Manufacturing TOE profiles developments in 3D metal and non-metal 3D printing, nanostructure manufacturing, digital twin technology, and improved flow of slurry through pipes. The Advanced Manufacturing TechVision Opportunity Engine (TOE) covers global innovations and developments related to manufacturing and industrial automation on a weekly basis. Innovations are focused toward improving product traceability, energy efficiency and reducing environmental footprints, integrating product design and manufacturing aspects for reducing time-to-market. Research focus areas include rapid prototyping (additive manufacturing), lightweighting (multimaterial joining, plastics and metals manufacturing, carbon fiber-based composite manufacturing), smart robotics (agile robots, consumer robots, swarm robotics, cobots), monitoring and control (wireless control networks, human machine interface), and simulation and modeling (design and simulation software). The Advanced Manufacturing and Automation (AMA) Cluster covers technologies that enable clean, lean and flexible manufacturing and industrial automation. Technologies such as three-dimensional (3D) and four-dimensional (4D) printing, wireless sensors and networks, information and communication technology, multimaterial joining, composites manufacturing, digital manufacturing, micro- and nano-manufacturing, lasers, advanced software, and printing techniques, are covered as part of this cluster. The technologies covered here impact a wide range of industries, such as the impact semiconductor, automotive and transportation, aerospace and defense, industrial, healthcare, logistics, and electronics industries. Keywords: Additive manufacturing, electronics 3D printing, additive metallization, stereolithography, cold spray, nanostructures, digital twin, drag reduction pipes, slurry Fri, 9 Feb 2018 00:00:00 +0000 Colombian Industrial Internet of Things Market, Forecast to 2022 http://www.frost.com/prod/servlet/sublib/display-report.do?id=K208-01-00-00-00 This outlook considers the growth potential of hardware, software, connectivity, services, and of primary verticals in the Colombian IoT market. The base year is 2016 and the forecast period is from 2017 to 2022. For the purposes of this research, Industrial IoT refers to the use of IoT technologies in manufacturing, automotive, smart cities, agriculture, utilities, healthcare and other verticals. Consumer IoT, including consumer wearables, phones, TVs, appliances, home monitoring, and home automation are not included. Primary research included extensive interviews with CEOs, directors, and other executives. A bottom-up analysis of the verticals included in the study was based on information in the Frost & Sullivan knowledge base, a modelled analysis of the impact of various drivers and restraints over the forecast period across Colombia, and a modelled demand analysis. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments.--BEGIN PROMO--

Research Scope

The study presents business cases and market drivers and restraints through 2022. It also provides insights regarding growth opportunities and emerging trends that will affect market participants over the forecast period.

The Colombian Industrial Internet of Things (IoT) market revenue is expected to increase from $168.3 million in 2016 to $523.7 million by 2022, at a compound annual growth rate of 20.8%. Some of the main drivers for IoT growth are the migration from IPv4 to IPv6 and from 4G/LTE to 5G to provide future addresses and bandwidth for IoT. 5G will increase network capacity nearly tenfold, with data speeds greater than 1 Gbps and near-zero latency; while IPv6, the latest Internet protocol, can assign 100 unique IP addresses to every atom on the surface of the earth. The Colombian industrial IoT market ecosystem comprises vendors, integrators, and service providers offering IoT wireless or fixed two-way communication technologies.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • Which are the key verticals in this market? Which will grow the fastest by 2022?
  • How will the revenue shares of the hardware, software, services, and connectivity segments change?
  • In what stage are organizations in Latin America in evaluating or deploying IoT solutions?
  • What are Latin American organizations' top 3 concerns in regard to IoT?
  • What are the top 3 drivers for IoT investments?

 

Mon, 5 Feb 2018 00:00:00 +0000
Prescriptive Maintenance in the Digitized World http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298265086 Global pump manufacturers are focused on the manufacture of energy-efficient pumps. Energy cost accounts for 45% of the total lifecycle cost of a pump. However, manufacturers and end users are equally challenged by maintenance and downtime cost, which accounts for 25-30% of the total lifecycle cost. Pump maintenance has evolved from time and condition-based maintenance to predictive maintenance. Tue, 23 Jan 2018 00:00:00 +0000 Technology Innovations in Additive Manufacturing, Industrial IoT, and Digital Twin Solutions http://www.frost.com/prod/servlet/sublib/display-report.do?id=D718-00-67-00-00 This issue of Advanced Manufacturing TOE highlights advancements in additive manufacturing, 3D printing, Internet of Things (IoT) platforms, and digital twin solutions. The Advanced Manufacturing TechVision Opportunity Engine (TOE) covers global innovations and developments related to manufacturing and industrial automation on a weekly basis. Innovations are focused toward improving product traceability, energy efficiency and reducing environmental footprints, integrating product design and manufacturing aspects for reducing time-to-market. Research focus areas include rapid prototyping (additive manufacturing), lightweighting (multimaterial joining, plastics and metals manufacturing, carbon fiber-based composite manufacturing), smart robotics (agile robots, consumer robots, swarm robotics, cobots), monitoring and control (wireless control networks, human machine interface), and simulation and modeling (design and simulation software). The Advanced Manufacturing and Automation (AMA) Cluster covers technologies that enable clean, lean and flexible manufacturing and industrial automation. Technologies such as three-dimensional (3D) and four-dimensional (4D) printing, wireless sensors and networks, information and communication technology, multimaterial joining, composites manufacturing, digital manufacturing, micro- and nano-manufacturing, lasers, advanced software, and printing techniques, are covered as part of this cluster. The technologies covered here impact a wide range of industries, such as the impact semiconductor, automotive and transportation, aerospace and defense, industrial, healthcare, logistics, and electronics industries. Keywords: Additive manufacturing, two-photon lithography, fused deposition modeling, 3D metal printing, laser microscopes, IoT, digital twin Fri, 12 Jan 2018 00:00:00 +0000 Movers & Shakers Interview with Timo Tammisto Distence http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298233991 Distence is focused on demanding industrial environments, both from a physical or operating environment perspective as well as from an infrastructure perspective. Thu, 11 Jan 2018 00:00:00 +0000 Digitalisation of the European Recycling Waste Market http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298234424 With rapid industrialisation and changing demographics across the globe, there has been a severe disturbance in preserving environmental sustainability due to the rise in hazardous, industrial, and radioactive waste. To curb these growing waste volumes, the European Commission has re-defined its environmental policies that push end users to focus on recycling waste. Thu, 11 Jan 2018 00:00:00 +0000 Global Enterprise Asset Management Software Market, Forecast to 2022 http://www.frost.com/prod/servlet/sublib/display-report.do?id=K196-01-00-00-00 The objective of this study is to identify and evaluate various growth opportunities for enterprise asset management (EAM) vendors in the present business scenario which is challenged by uncertain economic conditions and the emergence of a new wave of digital manufacturing. There is a pressing need for end-users, particularly in asset-intensive industries, to develop and implement effective strategies to diminish their operational spend and enhance production efficiency; the study elaborates on the significance of EAM in achieving these business goals. The research service also discusses the benefits of integrating Industrial IoT (IIoT) technologies with EAM software. As end-users prefer to continuously monitor the condition of their multiple assets, optimize resources and inventories, and assess their financial performance, the study explains the need and benefits of embracing IIoT technologies such as cloud, Big Data, analytics and mobility. With 2017 as the base year, the study provides estimates of the market size and future growth prospects up to 2022. For this purpose, a specific methodology is followed that includes discussions with senior management of asset management software provider companies and automation giants and secondary research.--BEGIN PROMO--

Research Scope

  • In-depth analysis of the key automation and IIoT technologies, the outcome of adopting these advanced technologies in EAM software and their implications
  • Analysis of the EAM market by two product segments which includes software and services
  • Regional perspective on the changing demand patterns across advanced and emerging markets: North America; Europe, the Middle East, and Africa; Asia-Pacific; and Rest of the World
  • End-user perspective on various critical requirements and the challenges faced by process, discrete and hybrid manufacturers while upgrading their existing plants
  • Profiles of key EAM vendors discussing their strategy and product offerings

Across process, discrete and hybrid industries manufacturers are striving to improve operational and production efficiency. To achieve this, a significant portion of their investments are focused on upgrading their existing plants with modern software solutions. Furthermore, government bodies in several countries are coining regulations to promote health, and safety, and importantly, reduce carbon footprint. This requires strict monitoring and maintenance of their plant operations which has, in fact, led to the integration of EAM into ERP solutions. Despite economic uncertainty, companies have continued to invest in EAM especially, oil and gas, power generation, chemicals and pharmaceutical industries. At present, with the emergence of IIoT, EAM plays a critical role in establishing connected ecosystems, transitioning towards predictive maintenance and promoting digital manufacturing.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Is this an industry or a market? Will these companies/products/services continue to exist, or will other companies acquire them? Will the products/services become features in other markets?
  • How will the structure of the market change with time? Is the market ripe for acquisitions?
  • Are the products/services offered today meeting customer needs or is additional development needed?
  • Are the vendors in the space ready to go it alone, or do they need partnerships to take their businesses to the next level?
Wed, 10 Jan 2018 00:00:00 +0000
Digital Transformation of the Australian Manufacturing Industry, Forecast to 2024 http://www.frost.com/prod/servlet/sublib/display-report.do?id=P9B4-01-00-00-00 Australia is able to stay competitive in global manufacturing due to its capabilities in manufacturing high value-added products. However, the comparative disadvantage in large-volume production is currently a restraint limiting the global competitiveness of the industry. The transition to smart manufacturing is being driven by structural changes in the global market, with Australia aiming to move from low-cost, high-volume production to high-margin, low-volume models. This study looks at the digital technologies transforming the Australian manufacturing sector. It provides insights into both global and domestic technology trends, throws light on market innovations, highlights the mainstream applications of these new technologies, and predicts the potential applications in Australia. It also analyses the competitive structure of the market, makes comparisons with traditional manufacturing, and discusses the overall trends and development plans that are shaping the market. Advanced technologies, such as robotics, Additive Manufacturing (AM), and digital manufacturing are revolutionising manufacturing, with new abilities to design and manufacture complex, customised products with short lead times, minimal tooling and wastage, and low labour demand. However, data analytics and technologies such as Industrial Internet of Things (IIoT) will have the most impact on the Australian manufacturing sector. Being data-driven allows manufacturers to gain a competitive advantage by analysing information to improve various processes in production, logistics, and supply-chain management. The adoption of digitally-enabled manufacturing solutions is most prevalent in the manufacturing verticals that require higher standards of quality assurance and higher production volume such as healthcare, aerospace, and Food and Beverage (F&B). For example, the adoption of digital manufacturing solutions allows more manufacturers to transcend from scheduled repairs and maintenance to being able to predict and prescribe maintenance, repairs, and possibly training to move from reactive to preventive performance capabilities. As such, digital manufacturing solutions have a natural environment in high-volume production lines, where the need to minimise production downtime from equipment maintenance is a major consideration. More manufacturers are recognising the benefits of digital transformation in the industry; however, there is some hesitance, as a large number of SMEs in Australia are unable to find the appropriate funding to support the investments required. Cybersecurity is an essential component in digital transformation. However, the expansion of a manufacturer s communication network and digital integration of more production processes to be accessed and controlled via the Internet, cloud, and other network servers, could intensify the vulnerability of the organisation to security threats. To secure the company s competitive advantage and ensure complete process control, a rigid set of protocols and protection systems should be set in place for end users of ICT solutions to trust the transformation process. Tue, 9 Jan 2018 00:00:00 +0000 Sensor Innovations Transforming Industry 4.0 http://www.frost.com/prod/servlet/sublib/display-report.do?id=D7E5-01-00-00-00 Industry 4.0 is enabling smart factories by configuring cyber-physical (Internet-connected) systems coupled with artificial intelligence (AI) to leverage the Industrial Internet of Things (IIoT) for seamless machine-to-machine communication, data transfer, and advanced automation of processes throughout the manufacturing value chain. The opportunity to optimally use and communicate the data collected about key equipment and processes depends on the smart sensors with inherent signal processing and data communications capabilities. Sensors will have key growth opportunities in Industry 4.0 driven by their ability to provide enhanced detection of equipment, process, and product conditions and improved Internet-based sharing of vital information within the manufacturing facility and across the entire supply chain. Industry 4.0 enables advancements in automation, efficiency, and flexibility driven by smarter sensors. This research report provides analysis of key technology innovations and identifies key developers of sensors and related technologies for improved sensing and communications of data for more efficient, cost-effective manufacturing. The technology and innovation report pinpoints key markets, needs, opportunities, and challenges for sensors in Industry 4.0. Fri, 29 Dec 2017 00:00:00 +0000 AI Innovations in Future of Manufacturing http://www.frost.com/prod/servlet/sublib/display-report.do?id=D80B-01-00-00-00 Information technology has been largely impacting the manufacturing industry. With the increase in the number of IIoT solutions and real-time data processing, predictive analytics is enabling processing of large volumes of data captured from the connected machines. The current scenario includes involvement of humans in making logical decisions along with low-level machine processors. The concept of artificial intelligence (AI) or cognitive intelligent systems will thus enable machines to self-detect vicissitudes in the manufacturing processes and be in-built with capabilities to respond in real time with limited need for human intervention. Mass customization, complete automation, adoption of intuitive robots, and responsive intelligent machines will be enabled by the adoption of AI technologies. This technology and innovation report provides a detailed look into the world of artificial intelligence and the key research focus areas that will impact the manufacturing sector. This study also focuses on AI technologies and how they enable various manufacturing supply chain participants to become smarter. Other modules include market potential, market participants, as well as implementation case studies and the future of individual technologies and its impact on the manufacturing sector. Key questions answered in the study: 1. What are the trending technologies of AI in manufacturing? 2. What is the value addition of AI technologies in manufacturing? 3. What are the key trends that will shape the cognitive factory? 4. Who are the cognitive solution providers? 5. What are the benefits of AI application in manufacturing? 6. What is the market potential of AI? 7. What are some of the strategies that manufacturers should adopt to accelerate growth? 8. What are future technology trends? How will it impact the industrial and manufacturing sectors? Fri, 29 Dec 2017 00:00:00 +0000 Business Opportunities in the Service-Sector of the Pumps Market http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298145187 Originally, pump manufacturers were primarily involved in designing and manufacturing standard and customized pumps based on the requirements of the industry. Over time, there has been an evolution in the business model from product-based products to solution-based offerings. Tue, 26 Dec 2017 00:00:00 +0000 Technology Innovations in Electronics Printing, Inkjet Printing, Robotics, and 3D Printing http://www.frost.com/prod/servlet/sublib/display-report.do?id=D718-00-66-00-00 This Advanced Manufacturing TOE profiles developments in printing electronics (including antennas), inkjet printers, autonomous robotic carts, and 3D printing of silicone. The Advanced Manufacturing TechVision Opportunity Engine (TOE) covers global innovations and developments related to manufacturing and industrial automation on a weekly basis. Innovations are focused toward improving product traceability, energy efficiency and reducing environmental footprints, integrating product design and manufacturing aspects for reducing time-to-market. Research focus areas include rapid prototyping (additive manufacturing), lightweighting (multimaterial joining, plastics and metals manufacturing, carbon fiber-based composite manufacturing), smart robotics (agile robots, consumer robots, swarm robotics, cobots), monitoring and control (wireless control networks, human machine interface), and simulation and modeling (design and simulation software). The Advanced Manufacturing and Automation (AMA) Cluster covers technologies that enable clean, lean and flexible manufacturing and industrial automation. Technologies such as three-dimensional (3D) and four-dimensional (4D) printing, wireless sensors and networks, information and communication technology, multimaterial joining, composites manufacturing, digital manufacturing, micro- and nano-manufacturing, lasers, advanced software, and printing techniques, are covered as part of this cluster. The technologies covered here impact a wide range of industries, such as the impact semiconductor, automotive and transportation, aerospace and defense, industrial, healthcare, logistics, and electronics industries. Keywords: Printed electronics, inkjet printing, autonomous robots, silicone, piezoelectric, warehouse automation, 3D vision Fri, 22 Dec 2017 00:00:00 +0000 Business Opportunities in the Service-Sector of the Pumps Market http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298144994 Originally, pump manufacturers were primarily involved in designing and manufacturing standard and customized pumps based on the requirements of the industry. Over time, there has been an evolution in the business model from product-based products to solution-based offerings Thu, 21 Dec 2017 00:00:00 +0000 The Emerging IIoT Start-up Ecosystem Innovative Start-ups in the IIoT Landscape http://www.frost.com/prod/servlet/sublib/display-report.do?id=MD85-01-00-00-00 The Industrial Internet of Things (IIoT) has created a new wave of transformation for manufacturers over the past decade. IIoT brings together brilliant machines, advanced analytics, and people at work. A growing number of industrial facilities are exploring the power of IIoT to optimize their business performance. In a highly competitive global marketplace, industrial organizations seek digital intelligence to manage hundreds of thousands of assets in an enterprise to address the critical demands of manufacturers. Not surprisingly, the IIoT s potential payoff is enormous.--BEGIN PROMO--

Research Scope

The global manufacturing start-up ecosystem is witnessing a rapid growth. In today’s world, manufacturing start-ups are driving innovation and widening the boundaries of the industry by opening new paths and opportunities for growth across the globe. Original Equipment Manufacturers (OEMs) are continuously exploring, investing, and acquiring start-ups that will be relevant to their businesses in the long term. A landscape of the start-ups is displayed and broken down into application areas.

Frost & Sullivan segments the start-up ecosystem into Connectivity, Additive Manufacturing, Augmented Reality, Universal Platforms, Industrial Robotics, Edge Computing, Sensors, Advanced Analytics, IIoT Cybersecurity, and Drones.

Research Highlights

This research includes an in-depth analysis of the company and its innovations in terms of products and services offered by major participants in the market. A comparative study of various start-ups under each theme is included to help understand the competitive forces. The report focuses on key funding patterns, OEM interests, partnerships, and product capabilities. The study also focuses on business strategy and future investment opportunities. Frost & Sullivan has determined that the future of manufacturing industry and shop floor processes will be an integration of product and services.

Research Benefits

The impact of digitization and Information technology on business models in the manufacturing start-up ecosystem makes this research service an interesting read. It offers useful information and strategies for companies that are looking to venture into the IIoT arena. The worldwide IIoT start-up scene provides a great opportunity for OEMs and investors who are looking to implement advanced solutions and hold a stronger position in the Industry 4.0 revolution.

Key Issues Addressed

  • Which start-ups are disrupting the industrial manufacturing landscape?
  • What are the IIoT technologies and future investment avenues for start-ups in manufacturing?
  • How are the start-up companies broken down by IIoT technologies?
  • What are the key criteria that potential investors should look at while investing in start-ups?
  • What are the key avenues in which start-ups can evolve?
Wed, 20 Dec 2017 00:00:00 +0000
Changing Trends Impacting the North American Chemicals Pumps Market http://www.frost.com/prod/servlet/sublib/display-market-insight.do?id=298109332 From a North American chemicals industry standpoint, it is beyond doubt that IoT is fast penetrating the chemicals industry wherein, use of connected sensors to monitor energy consumption in chemical manufacturing is helping in controlling costs and energy compliance. Tue, 19 Dec 2017 00:00:00 +0000