Manufacturing

MANUFACTURING INDUSTRY REPORT 2022 – Industry 5.0 – The next “Big Thing” has already started

Highlights of the report

After a drop of 4.2% in 2020 due to the pandemic, global manufacturing output increased by 9.4% in 2021, a big boost for the manufacturing sector.

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Geographically, manufacturing output in Northern America increased by 6.3% in 2021, following a 6.6% decline in 2020. Annual manufacturing production in European industrialized countries elevated by 8.2% in 2021, while industrialized Asia and Pacific rose 7.3%.

Currently, medium high- and high-technology industries (4.7%), as well as low-technology industries (3.8%), outperform industries that primarily use medium-low technologies (1.4%), such as mineral products or basic metals.

China leads the world in manufacturing output. The country accounts for 28% of global manufacturing output, which is worth approximately $4tn to the global economy .

Executive Summary
• Industry Analysis
• Macros Affecting The Economy
• Global Economies’ Scenario
• Transition to Industry 5.0
• Cloud Computing and Manufacturing
• ML/AI in Manufacturing
• IIoT
• Digital Twin in Manufacturing
• Manufacturing Industries:
― Chemical Industry
― Robotics Industry
― Automobile Industry
― Heavy Equipment Industry
― Aerospace & Defense Industry
• Regional Analysis
• Outlook
• Company Reports:
― CAT
― CMI
― ITW
― EMR
― MMM
― DE
Hitachi
― Kawasaki
― Mitsubishi
― Siemens

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MANUFACTURING INDUSTRY REPORT 2022 – Industry 5.0 – The next “Big Thing” has already started

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