In a new white paper from IHS Markit, analysts have provided their knowledgeable predictions for the global manufacturing technology market in 2017. Automated market sales have passed the disappointing 2016, with many equipment providers' revenues falling and multiple end-market investments facing uncertainty. Industrial automation vendors are looking forward to a bright future in 2017. In the year, with the changes in market conditions triggered by the macro level to the application of technology, what are the whole industries worth looking forward to? In a new white paper from IHS Markit, analysts have provided their knowledgeable predictions for the global manufacturing technology market in 2017. The following is a list of the “7 Manufacturing Technology Forecasts for 2017†made by IHS Markit analysts. The order has no specific meaning: Trend 1 Although the market is facing headwinds, the global market is expected to grow. The Industrial Automation Equipment (IAE) market is expected to grow in 2017, reversing the contraction for two consecutive years. Due to low oil prices and shrinking sales of heavy machinery, the global industrial automation product market is expected to grow by 1.5% in 2017, with varying growth rates across all sectors. Trend 2, some cloud-based remote analysis will turn to local and edge computing Throughout 2016, many cloud platforms supporting the Internet of Things were released in the manufacturing industry. While remote clouds can provide significant advantages in terms of scalability and cost, concerns about cybersecurity can jeopardize end users. As a result, private cloud solutions and “edge†analytics will grow in 2017. Of course, continuing education in the market and customers will also give many companies confidence in the benefits and benefits offered by remote clouds. Trend 3, industrial automation will have a greater impact on the outsourcing or relocation of manufacturing Since 2014, exchange rate changes, lower transportation costs, and suspicions about the life of a brewing or existing trade agreement have made some of the firm offshore factory ideas somewhat faltering, at least for some time to come. in this way. It is expected that in 2017 more manufacturers will choose to increase their investment in automation facilities in US factories in order to obtain tax incentives and a more skilled workforce, thus abandoning offshore production. Trend 4, software-centric solutions will remain competitive Although forming a partnership is one of the ways for companies to integrate IT and OT skills, there are also some vendors that started to acquire software companies last year to meet their needs. Because of the competition among automation companies, 2017 is expected to see the speed of mergers or acquisitions or partners, and they also hope to expand their smart manufacturing portfolio by acquiring software companies. Trend 5, capital equipment industry consolidation increased 2017 will be the year of more industry consolidation across several capital equipment markets, such as electric motors, generators, turbines and generator sets. The overall market growth forecast for 2017 remains sluggish, and for market leaders, choosing to maintain or even gain market share will be a high priority. Trend 6, interconnected standards enter the mainstream New possibilities for standardized communications are due to continued pressure from end users and increased interconnectivity based on industrial IoT solutions. In 2017, the popularity of OPC-UA (Open Platform CommunicaTIons Unified Architecture), along with the release of the TSN (TIme-SensiTIve Networking) standard at the end of the year, will further promote the standardization of connectivity. Trend 7, the application of artificial intelligence in the workshop increased This year, the interconnectivity and sensing capabilities of robots will continue to lead the way in smart manufacturing. With the further development of artificial intelligence, industrial robots will become more intelligent – ​​capable of perceiving, thinking, and making decisions on the factory floor. Pal Connector,Round Audio Connector,4 Pole Round Audio Connector,Panel Mount Socket Connector Changzhou Kingsun New Energy Technology Co., Ltd. , https://www.aioconn.com