Smart Manufacturing Market in North AmericaÂ
Market trends for smart manufacturing can have an impact on current best practices and foresee future directions in the industry, warning professionals about how they can prepare for and adapt to such changes to be successful in the industry. Following are some of the trends which will shape the Smart manufacturing market in North America-
1. IoT and Connected Devices
IoT-enabled products enable manufacturers to remotely monitor equipment performance safely, spot potential problems before a malfunction happens, and provide personnel with a thorough grasp of the situation at hand.
2. Predictive Maintenance capabilities
It has been demonstrated that predictive maintenance can extend the life of machines by years while reducing unplanned downtime. Manufacturers can automate the data collection process with IoT technology and utilize predictive analytics to monitor equipment performance using a range of performance parameters.
3. Augmented reality applications
In spite of the fact that augmented reality (AR) has been around for a while, many experts believe it is still in its infancy. The trend holds a lot of promise, though. It can be utilized for advanced assembly, quality control, expert help, and components and product automation.
Leading market research companies that provide analysis of the smart manufacturing market are Strategy Here, BIS research, Mordor Intelligence, and CSP.
