Despite 2023 being a challenging year for manufacturers, global manufacturing output is set to achieve a compound annual growth rate of 3% between now and 2027 according to technology insight business Interact Analysis. From digitalisation and demand forecasting to economic uncertainty and emissions targets, 2023 presented several challenges for the manufacturing industry. However, these difficulties also provide opportunities for manufacturers to innovate and increase their competitiveness as the industry transforms.

Strengthened Sustainability Focus

The focus on reducing our environmental impact intensified in 2023, with IBM’s Institute for Business Value data showing 86% of companies now have a sustainability strategy in place. While this figure is promising, data shows that only around a third of businesses have acted on their strategy since its implementation.

2024 will hopefully see the rise of businesses treating sustainability as a priority. This is especially important within the manufacturing industry, which is responsible for one-fifth of global carbon emissions according to World Economic Forum data. Currently, the sector is not sustainable enough, and we can do a lot more.

Ensuring that sustainability is not just a strategic ambition but a tangible, integrated part of daily operations is key to reducing emissions and achieving green targets. By combining strategic alignment, employee engagement and continuous data-driven improvements, manufacturers can not only achieve environmental and social goals but also drive innovation, reduce costs and enhance the company’s reputation and competitiveness.

Sandvik Coromant’s new brand promise of Manufacturing Wellness is a multifaceted approach which aims to drive sustainable progress through impactful partnerships. Manufacturing Wellness is a relentless pursuit for improvement, made up of eight habits found in successful and resilient manufacturing companies.

Sustainability and eliminating waste are the third and fourth habits of this mindset, which allows us to drive sustainable progress towards a better tomorrow for people, industry and society at large. Another one of our eight habits that make up this movement is embracing new technology.

Sandvik Coromant aims to deliver a strong understanding about the value that technology adoption can have. Adopting advanced technology allows manufacturing companies to enhance efficiency, elevate product standards, minimise costs and remain at the forefront of a competitive landscape.

In doing so, they stand better prepared to anticipate and face challenges as and when they arrive. Through the integration of new technological solutions, manufacturers can optimise their operations, embrace automation and maintain a leading position in a swiftly changing sector. 

Read more here at page 18

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Historically, the way that companies measure sustainability has been subject to accusations that it is fluff rather than fact. That’s because, in the past, metrics haven’t been held in the same regard as other business metrics, such as financial data. But that’s all set to change.

At the UN’s COP28 climate conference in 2023, world leaders debated what an agreement to end the use of fossil fuels could look like. In the end, it was agreed the world would work towards “transitioning away from fossil fuels in energy systems in a just, orderly and equitable manner”.

While a step away from initial discourse around the complete ‘phasing out’ of fossil fuels, the very inclusion of fossil fuels in net zero plans was seen as a landmark moment. Accounting for one-fifth of global carbon emissions and 54% of the world’s energy usage, tackling fossil fuel reliance in the manufacturing and production sector will undoubtedly support global environmental goals.

The Detail Is In The Data

Businesses that focus on sustainability tend to see great rewards. Embedding metrics such as waste generation, carbon emissions and energy usage into business strategy is essential to meeting customer demand, regulatory requirements and investor preferences.

An emphasis on sustainability has also been proven to attract top talent, reduce costs and boost financial profits. However, despite its benefits, businesses still struggle to showcase their credentials. Research published by the World Economic Forum revealed that, while 90% of executives believe sustainability is important, only 60% of organisations have sustainability strategies in place.

What’s the biggest sticking point? To paraphrase Drucker, what’s not being measured, simply cannot be improved upon. To reduce reliance on fossil fuels, tackle greenhouse gas emissions and limit the production of waste, manufacturers need access to the right data.

Read more here at page 16

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CES 2024, the world’s most powerful tech platform, welcomed more than 4000 exhibiting companies from across the globe to share their innovations and partnerships in artificial intelligence, sustainability, and other fields that are tackling big global challenges. Up to 130,000 attendees and media saw the stories of these companies. They included a record-breaking number of startups in Eureka Park^® , the home of breakthrough technology, demonstrating that anyone can scale an idea that will change the world.

Before the show, the most discussed topics were artificial intelligence, entertainment and office hardware, plus gaming and e-sports. Brands are leveraging the power of CES to go viral, with advances in display technology, smart home and assistive tech, plus unexpected partnerships and solutions for enterprise.

“At CES 2024, we’re thrilled to bring together exhibitors, attendees and media to display and dream up the technology of tomorrow, and the innovations that are solving today’s greatest challenges,” said Gary Shapiro, president and CEO, Consumer Technology Association^®  (CTA). “CES is where business and policy converge, and there’s no place like it for building B2B and B2C connections.”

Attendees from across the globe travel to CES to do business efficiently and discover what’s next in tech. During CTA’s State of the Industry Address, Shapiro recognised the 100^th anniversary of CTA, Owner and Producer of CES, and underscored the importance of technology that can enhance human capabilities to address issues like access to clean air and water, food, healthcare and technology. Kinsey Fabrizio, CTA Sr. VP, CES and membership, joined Shapiro on stage to provide updates on trends and sessions at the show.

Keynotes

Siemens President and CEO Roland Busch shared the company’s vision for a future that’s not just innovative but also sustainable. Highlighting partnerships with AWS, Blendhub, Red Bull Racing, Sony and Unlimited Tomorrow, Busch unveiled innovations that are combining the real world and the digital worlds to redefine reality.

Siemens announced breakthroughs in AI and immersive engineering to enable the industrial metaverse, and highlighted how these technologies are empowering the world’s innovators to thrive using its open digital business platform, Siemens Xcelerator.

In the first-ever beauty keynote at CES, L’Oréal Groupe CEO Nicolas Hieronimus revealed the CES 2024 Innovation Award-winning technology, the AirLight Pro and detailed the company’s strategic investments in the future of beauty during his keynote. Eva Longoria joined Hieronimus and Barbara Lavernos, Deputy Chief Executive Officer in charge of Research, Innovation and Technology to talk about L’Oréal’s Colorsonic hair colouring product.

The AirLight Pro, in partnership with Zuvi, uses technology to care for multiple hair needs while reducing environmental impact. The technology is designed to adapt to the needs of the individual user with hardware, firmware and app working seamlessly to make it possible for every user to customize the settings for their individual needs.

Media Days

CES Media Days featured 23 press conferences from global brands that More than 60% of news coverage during the two days of media events prior to the official show opening came from outlets outside of the U.S. Making announcements were: Abbott, Ambient Scientific, Bosch, Doosan, EssilorLuxottica, Harbor Lockers, Hyundai, Hisense, Indy Autonomous Challenge, Ink Invent, KIA, LG Electronics, Ottonomy, Panasonic, Samsung, SK Hynix, Sony, Swapery, TCL, Timekettle, UHD Alliance, Valeo and Volkswagen.

Hot Products

CES Unveiled Las Vegas, a first-hand preview of the products launching at CES 2024, featured unexpected technology from 180 companies such as Caterpillar’s zero-exhaust emission underground loader, NOWATCH wellness wearable, Sevvy Smart Cooker, and Xpeng AEROHT’s flying car. Other hot products making waves at CES include Verge Motorcycle’s TS Ultra electric motorcycles with a “sense of sight,” Palmplug’s Theraplay virtual reality game that helps rehabilitate stroke patients and XREAL’s Air 2 Ultra augmented reality sunglasses.

“Unveiled Las Vegas is such a great way to kick off CES each year and to get a sneak peek into some of the early trends at the show, and it was no surprise to see AI everywhere amid diverse offerings across accessibility, digital health, food tech, mobility and smart home,” Fabrizio said.

Tech Trends

CTA’s Director of Thematic Programs Brian Comiskey and Director of Research Jessica Boothe presented 2024’s Top Tech Trends to Watch. This year’s presentations showcased how AI, sustainability and inclusive tech design will advance tomorrow’s technologies such as mobility, digital health, content, gaming and agrifood tech.

Underpinning these trends and evolution in the industry is the rise of Gen Z as a sizable and influential segment, especially in emerging market nations where they’re rapidly connecting to the internet to shape worldwide trends. In turn, innovation in both the consumer and the enterprise will advance to a more intelligent, greener, and more inclusive tomorrow.

In addition to more than 250 conference sessions and the Innovation Policy Summit for global policymakers, CTA launched the Consumer Technology Circularity Initiative (CTCI), a groundbreaking and voluntary industry initiative to reduce waste, encourage more reuse, enhance recycling, reduce climate impact, and see less disposal of consumer electronics. Founding partners include Lenovo, LG Electronics, Panasonic, Samsung and Sony Electronics Inc.

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The company exhibited a homogeneous minimum-quantity spray lubrication system using less than 0.5 g of oil per m², and a particularly robust variant of the spray.xact c with a new housing structure, among other products. technotrans provided insights into the development of a system solution for hot-melt applications.

Expanding the product portfolio enlarges the application spectrum of technotrans products and provides users with more flexibility. Potential application areas for these spray lubrication systems include cold rolling processes, the forming of aluminium, and tool lubrication, among other processes.

The Draw Of Energy Efficiency

Energy efficiency is a core benefit of this system. By reducing friction and heat generation, energy-efficient spray lubrication directly contributes to lower power consumption in industrial processes. This translates to substantial savings in energy costs, making it a compelling choice for companies aiming to improve their environmental footprint and reduce operational expenses simultaneously.

“The aspect of sustainability has also become a driving force in punching and forming technologies. The economical use of energy and resources is one of the most important objectives today in metalworking companies,” says Hary Kosciesza, Business Development Manager at technotrans.

“Our spray lubrication systems help users to verifiably reduce their ecological footprint.”

The solutions provided by technotrans work with high-frequency valves and without the use of compressed air to ensure a precise and mist-free application of oil. The use of an extraction system is no longer needed, and no oil that could otherwise enter the production environment is wasted. Machine cleaning and maintenance work are consequently reduced to a minimum.

Read more here

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The emphasis on sustainability stems from global growing awareness intended for critical environmental issues and climate change, largely caused by human activity. The focus on sustainability reflects our deep commitment to the principles of securing a better future for the planet and generations to come.

Consequently, sustainability has gained prominence in various fields, ranging from everyday life and business to transportation, urban planning, and manufacturing. Manufacturing should unquestionably be sustainable.

Today, there is widespread recognition and agreement regarding the correctness of this statement. Manufacturing processes consume natural resources, energy, create waste, and pollute the environment. We can mitigate the negative environmental impact only by adopting sustainable production technologies.

Cutting Tools — Key To Sustainability

Machining remains a primary method for producing parts of machines and mechanisms. Therefore, the question of how to make machining sustainable is more relevant than ever.

A cutting tool contacts the machined workpiece directly and shapes it to its required form, removing the rest of the unnecessary material in the form of metal chips. Can a cutting tool be a key factor for improving sustainability? The answer to the above question is undoubtedly a resounding, yes!

Read more here

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After a thorough and unbiased review process, 82 winners emerged across 21 categories from Malaysia, Hong Kong, Indonesia, Laos, Mongolia, Philippines, Singapore, Thailand, Taiwan and Vietnam.

The leading metalforming company stood out among 580 nominees across 52 industries from 15 nations with its outstanding business resilience in the face of adversities, as well as its efforts in driving sustainable innovation. AIDA’s proprietary Direct Servo Formers-DSF® Technology was key to the company’s efforts in sustainable innovation.

Its resource-conserving solution greatly enhances material yield efficiency, subsequently reducing the demand for raw materials and promoting natural resource conservation.

AIDA is committed to efficient resources usage during production in accordance to four key principles: reducing environmental impact, legal compliance, preventing environmental harm, and raising environmental awareness. AIDA is also dedicated to minimise its carbon footprint within its internal manufacturing processes.

Press equipment users can enhance their ability to minimise carbon footprints and play a part in fostering a sustainable and environmentally conscious approach to manufacturing in partnership with AIDA, leveraging its metal forming know-how. This collective commitment fosters a culture of environmental responsibility and sustainability, underlining the dedication to a greener future.

Mr Yap Teck Meng, CEO of AIDA Greater Asia Region remarked, “We are extremely honoured and humbled to be acknowledged as one of Asia’s leading SMEs and at the same time driving green innovations for the global business community. Global warming is indeed a real threat to the sustainability of the world, which calls for everyone’s full attention towards everything we do, particularly in the corporate aspect.

“Hence AIDA has long been embarking on the green journey forging a future where every product tells a story of environmental consciousness and social responsibility. Enhancing corporate governance free from conflicts and geopolitical tension and fostering mutual respect for long term business partnership and alliances based on fairness and justice to all stake holders is imperative in cultivating healthy and sustainable business practices. Let’s make the world a better place for all and many generations to come.”

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The companies will focus on advancing future manufacturing efforts, evolving factory operations and cybersecurity, and supporting a resilient global industry ecosystem. 

“Semiconductors are the lifeblood of our modern economies. Few things run without chips. Therefore, we’re proud to collaborate with Intel to quickly advance semiconductor production. Siemens will bring its entire cutting-edge portfolio of IoT-enabled hardware and software and electrical equipment to this collaboration,” said Cedrik Neike, CEO of Digital Industries and member of the Managing Board of Siemens AG. “Our joint efforts will contribute to achieving global sustainability goals.”

The MoU identifies key areas of collaboration to explore a variety of initiatives, including optimising energy management and addressing carbon footprints across the value chain. For instance, the collaboration will explore use of “digital twins” of complex, highly capital-intensive manufacturing facilities to standardize solutions where every percentage of efficiency gained is meaningful. 

The collaboration will also explore minimising energy use through advanced modeling of natural resources and environmental footprints across the value chain. To gain more information on product-related emissions, Intel will explore product and supply chain related modeling solutions with Siemens that drive data-based insights and help the industry accelerate progress in reducing its collective footprint.

“The world needs a more globally balanced, sustainable and resilient semiconductor supply chain to meet the increasing demand for chips,” said Keyvan Esfarjani, Intel Executive Vice President and Chief Global Operations Officer. “We are excited to build upon Intel’s advanced manufacturing capabilities by expanding our collaboration with Siemens to explore new areas where we can utilize Siemens’ portfolio of automation solutions to enhance efficiency and sustainability in semiconductor infrastructure, facilities, and factory operations. This MOU will benefit regional and global industry value chains.”

Efficiency and sustainability in the semiconductor industry to be increased

Sustainable practices across the entire semiconductor lifecycle, including design, manufacturing, operation, efficiency, and recycling, are critical for meeting growing demand for powerful, sustainable chips. Technology has the power to accelerate solutions to reduce computing-related climate impacts across the technology industry and the rest of the global economy.

Automation and digitalisation hold the key to addressing the challenges as the industry drives toward net-zero greenhouse gas emissions. By combining their strengths and expertise, Siemens and Intel are poised to lead the way in driving positive change. 

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Research by Schneider Electric and Omdia found 49% of manufacturing companies expect improved performance and cost savings when investing in sustainability. While the conversation around manufacturing sustainability usually focuses on Industry 4.0 solutions, companies must not overlook the significant role that machine tools like coated solid carbide end mills play.

Machine shops now realise that a proper sustainability strategy differentiates success and failure — especially in light of today’s continuing supply chain challenges, and shortages both of materials, knowledge and skills. However, roadblocks stand in the way of manufacturing becoming more sustainable.

Almost a third of manufacturing leaders surveyed by Schneider Electric and Omdia said their organisations legacy assets and infrastructure are an obstacle to becoming greener. 27% identified cost or budget is a key roadblock, and 19% cited culture change as a challenge, or the risk of changing their existing processes.

Manufacturers should consider the significant advantages of better machine tools on production sustainability. Longer tool life can certainly support sustainable machining and ties into a number of other advantages, including reducing the number of tools required in a production run and reducing the need for costly tool replacements.

Another advantage of longer-lasting tools is the ability to produce more versatile products for two reasons. First, a tool with a longer lifespan can be used for a greater number of production cycles before it needs to be replaced or serviced. Second, with longer tool life, the tool maintains its precision and performance over an extended period, which results in improved quality and consistency of the products being produced.

Read more here

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“In Southeast Asia, continuous urbanisation drive and construction activities will drive power tool demands, particularly for the professional categories. Product and service innovation and cost optimisation are critical to be competitive,” Timothy remarked.

The power tool industry experienced a demand surge in the wake of the COVID-19 pandemic as people spent more time at home and took on home improvement projects. Professional end markets such as construction and industry also witnessed a demand, leading to a boost for power tool players.

However, this situation was not sustainable, and in 2022, revenue growth lost its momentum. Multiple challenges from changing macroeconomic perspectives and market dynamics led to a sharp profitability decrease for many leading power tool players. Sven Siepen, Steffen Thiel and Stefan Kriger of Roland Berger too offer their success strategies for the industry.

5 Key Drivers Causing Lost Momentum And Falling Profits

Roland Berger’s research identified five critical areas power tool players must address to maintain growth and profitability:

• Market slowdown and pricing pressure
• Global footprint strategy and supply chain risks
• Evolving customer behavior and sales approaches
• Sustainability challenges, and
• Battery technology and innovation

Read more here —–> https://shorturl.at/fkrKY

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Its strengths included the internationality of the exhibitors and visitors, and the fair once again provided a perfect platform for top-class technical innovations.

“We saw everything here for the future of production: new solutions for automation, for networking within the factory and for sustainable production. When digitalisation finds its way into the factory, there is no end to the potential for new solutions and increased efficiency. This was impressively demonstrated by the exhibitors. And there was a positive mood at the event, despite the tense economic situation,” continues Welcker.

Around 1,850 exhibitors attended, with roughly 70% coming from 45 different countries, including China, Italy, Taiwan, Switzerland and Japan. Of the approximately 92,000 trade visitors, 54% came from 130 countries. Here, the five largest visitor countries were Turkey, China, the Netherlands, Italy and Poland. Around one third of the trade visitors came from Asia.

Günter Szerenczés, Member of the Executive Board of Israeli tool manufacturer Iscar, says: “EMO is once again a triumph, attracting a highly international audience from a wide range of industries. Visitors have been specifically asking about innovations.”

The visitor survey reveals that 30% of visitors gave “obtaining information about innovations and trends” as their top priority. A further goal was finding concrete solutions for their specific problems.

Dr. Jochen Kress, Managing Partner, Mapal Präzisionswerkzeuge Dr. Kress KG, Germany, says: “The main focus of the discussions we’ve been having is on customer-specific aspects. And the EMO is just the right platform for strengthening the cooperation between customers and suppliers, I think.” Dr. Matthias Klein, CSO of the Emag Group adds: “We have seen an overwhelming level of interest in the innovative solutions and machines of the Emag Group. In particular our solutions presented for machining electric vehicle powertrain components met with great interest. Overall, we are more than satisfied with the response from the market.”

Focus On Automation, Digitalisation And Sustainability

The shortage of skilled workers was a further reason why automation was a clear focus of the trade fair. Over one-third of visitors cited this as a key issue for the industry. Almost a quarter mentioned digitalisation and networking. They were able to find just what they were looking for on the many stands.

Several hundred robots were counted at EMO. A new aspect is that it is no longer necessary to have programming skills in order to use cobots (collaborative robots) for different applications such as loading and unloading, quality control, painting, washing, as well as connecting to measuring devices.

The cobots are equipped with sensors that mimic the human sense of touch. This allow them to compensate for workpiece tolerances or work around obstacles in the workspace.

In collaboration with employees, this facilitates enclosure-free operation, for example. This trend also means that robot manufacturers are currently doing good business. “Cobots are continuing to enjoy rising popularity in manufacturing, especially in smaller companies that are now struggling to find staff,” says Nils Tersteegen, Marketing Manager at Japanese vendor Fanuc.

Another focus is on connectivity. The main emphasis here is on the open exchange of data – based on OPC UA, for example. This is the basis for the Companion Specification OPC UA for Machine Tools under the umati umbrella.

Retrieving large amounts of data from digital controls without affecting the process is a key factor here. The availability of transparent process data is crucial for process monitoring and related quality management.

The Future of Sustainability in Production was high on the agenda for 68% of visitors. Foreigners accounted for three quarters of this group, meaning that they were more strongly represented than their German counterparts.

A key aspect was efficiency. Some examples: The Product Carbon Footprint indicates the level of carbon emissions during production and provides customers with detailed information on what indirect emissions the tools they use contribute to their overall carbon footprint. Another example is the structure of spindles which are designed for energy efficiency and not primarily for maximum performance. Finally, cooling lubricants can be used for longer through monitoring and filtering.

Dr. Hubert Ermer, Managing Director for Products and Markets at Dr. Johannes Heidenhain GmbH, Germany, summarizes. “Digitalisation and automation are continuing to develop at a rapid pace. The overall aim is to ensure reliable manufacturing processes. This increases productivity while also reducing the carbon footprint. EMO has given us a platform to discuss the specific challenges of transformative manufacturing processes with our customers and to provide them with full support.”

High Number Of First-Time Visitors

More than half of the visitors to the EMO were attending for the first time, the exhibition company claimed. This dovetailed nicely with the exhibitors’ goal of attracting new customer business.

Dr. Karsten Röttger, CEO at Ecoroll AG of Germany, says: “Many visitors became aware of us for the first time. They hadn’t even considered the possibilities of mechanical surface finishing. Our tools allow them to meet the increasing product quality requirements, but above all the higher demand for sustainable products.”

Around one fifth of the exhibitors were also at the event for the first time.

Representing this group, Jörg Rommelfanger, head of ABB’s Robotics Division, Germany, says: “This year’s EMO provided the ideal platform for showcasing our latest technologies and solutions for the industry for the first time. These included a machine loading cell specially designed for the fast and automated removal of randomly arranged workpieces. There was tremendous interest, and the numerous conversations and demonstrations we conducted were fruitful and inspiring.”

EMO Is The Trade Fair For Decision Makers

It is important for exhibitors to be seen at EMO Hannover, to showcase their offerings and to demonstrate competence. EMO is therefore a trade fair for executives and decision-makers from the mechanical engineering, automotive and supplier industries, metal processing, precision mechanics, optics, the aerospace industry and many more.

Almost 60% of the visitors are executives or come from top management. Just under half have decision-making authority for purchasing and procurement. Indeed, half of the trade visitors actually stated that they came to EMO with concrete investment plans.

On average, these visitors planned to invest just under €3 million. More than a quarter said they had placed orders at the fair.

Stephan Nell, CEO of the United Grinding Group from Switzerland, can also report on this: “The number of leads is currently at the same level as in 2019. Some machine contracts were also signed directly at the trade show booth.” Another quarter of visitors intends to place orders after the trade show, according to the survey.

“EMO Hannover has once again confirmed and consolidated its position as the world’s leading trade fair for production technology,” Welcker concludes. He is looking forward to the next event, which will doubtless attract even more exhibitors in two years’ time once the economy has improved.

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