Every year, the manufacturing industry sees trends come and go. While some of these trends make very little difference to the industry as a whole, others have a major impact. Research suggests that several new and emerging manufacturing trends and technologies will affect the industry for many years to come.
Internet of Things (IoT) Technology
Although not a new concept, the Internet of Things (IoT) will continue to impact the manufacturing industry over the next few years. As consumers and businesses demand more IoT devices, manufacturers will need to implement IoT technology into everything from medical devices to household appliances. Soon, almost every device used will connect to the Internet in some way or other. It’s important that manufacturers keep up with this important technology.
When it comes to manufacturers, manufacturing businesses will need to implement IoT technologies into production if they wish to remain competitive. When used throughout production, IoT technology increases operational efficiency and productivity, while eliminating the risk of human error.
Predictive Maintenance
Proper operation of machinery and equipment is crucial to the success of every manufacturer. This is why several manufacturers have already begun utilizing predictive analysis to identify problems with equipment sooner, before they are able to halt or slow production. Predictive maintenance analyzes production data and “learns” patterns. This helps recognize when something isn’t right.
Augmented Reality (AR)
Although manufacturing businesses use AR for multiple purposes, the most common include equipment maintenance and product design and development improvements. Augmented reality (AR) allows manufacturers to view 3D images of equipment and/or product designs. Users can view multiple parts and drill down to view specific components. Much like virtual reality, AR could be a game changer for the manufacturing industry in coming years.
Cybersecurity
As more devices and businesses connect to the Internet, the need for cybersecurity becomes increasingly important. Manufacturing businesses will need to consider the cybersecurity of their devices as well as the devices they create for their customers. In order to avoid potential problems, every manufacturing business will need to implement a clear and effective cybersecurity strategy as soon as possible.
Although there are numerous benefits to working with a contract manufacturer, presenting a CM with new ideas can intimidate even the most confident OEM. When pitching an idea, it’s important to do so in a way that encourages the development of a long-lasting, mutually beneficial relationship with the CM. Making the right pitch to a potential outsourcing partner not only helps develop the relationship, it also allows the OEM to practice and refine their pitch for customers and vendors.
Companies often find they do not have the capacity to bring new products to market. Unfortunately, this can have a major impact on their success and their ability to compete. This is especially true for businesses in highly competitive industries.
As a leading Southern California contract manufacturer, we’ve seen many changes in the electronics manufacturing industry over the past few years. While certain trends have come and gone, others will likely continue throughout 2020 and beyond. Below, we detail the top electronics manufacturing trends that could transform the electronics industry in 2020.
Having the right technology is extremely important when creating electronic devices and components. Without the right tools and technology, quality suffers. This can create problems with reputation and lead to costly product recalls. Although working with a contract manufacturer can help increase quality and reduce costs, it’s important to make sure the CM you work with is tech savvy enough to handle your project requirements.