THE BRIEF
“ I firmly believe that hybrid or remote work can be a competitive advantage for manufacturers ”
Matthew Bragstad , Global VP and Head of Vision and Strategy , Information �
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“ As space becomes more and more scarce , the ability to optimise plant layouts will be critical ”
Simon Keogh , General Manager , Factory Automation , Siemens Digital Industries �
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“ As the number of sensors and devices on assets grows , the volume of data tracked has expanded exponentially . It ’ s become impossible for humans alone to monitor everything ”
Skip Snyder , Senior Partner , IBM Global Business Services �
With manufacturers looking to more local suppliers in light of the pandemic , is globalisation coming to an end ?
Global Additive Manufacturing Market Continues to Grow Seven industries rank additive manufacturing in their top three priority technologies for investment post-COVID-19 . Since 2015 , the global additive manufacturing market has grown at roughly 25 % CAGR . Despite this the industry value still remains below US $ 15bn , representing 0.10 % of the global manufacturing industry .
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8 %
Local suppliers are the future
17 %
Globalisation will bounce back
75 %
There ’ ll be a balance of both
India ’ s Potential to be a Global Manufacturing Hub As global companies look to adapt their manufacturing and supply chain strategies to become more resilient , India is placed in a unique position to become a global manufacturing hub . With 100 million people likely to enter into its workforce in the coming decade , India could help to reshape GVCs and has potential to contribute more than US $ 500bn in annual economic impact to the global economy by 2030 .
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12 October 2021