We are already almost a month into 2017! And since we have already made our New Year’s resolutions, we are now turning our focus to what 2017 has in store for the manufacturing industry.
As precision spring and wire form manufacturers who serve OEMs in a variety of industries, we are always keeping an eye on new technologies and trends pop up. Here is what we can expect to see in 2017.
Emerging, But Not Necessarily “New” Technologies
We have reached a point where the word new is getting kind of, well, old in manufacturing. There are a lot of technologies that have been out for years, and many news outlets keep on reporting on them as if they are actually “new.”
We don’t expect anything major to shift in 2017, but here are a few technologies that manufacturers will likely see improvements on over the next 12 months:
- Artificial Intelligence and Machine Automation:driverless cars, unmanned machines, etc.
- The Cloud and The Internet of Things making everything Connected
- 3D Printing: it’s on the rise for commercial industries, but this “self-manufacturing” tool has largely fallen by the wayside for consumers
- Human Machine Interfaces (HMI): this technology is growing fast, and automated machines are becoming easier for workers to interact with and control
What the Leaders Are Saying
Control Engineering and Plant Engineering, CFE Media asked a group of executive-level employees where they thought the manufacturing industry would go this year. Many of them were optimistic and replied that the industry would be strong, while others noted that the industry could remain flat because of an ailing outlook of exported products.
Forbes is also reporting that exports are the number one problem in the US, with the following industries being hurt the most:
- Computers and electronics
- Electrical equipment and appliances
We Are Optimistic
With a new presidential administration in place, it may be a bit hard to predict exactly what will happen in 2017, but we at The Yost Superior Co. remain optimistic as to what will happen in the near future.
As always, we will be here to support OEMs with custom-made springs and wire forms. Contact our team today to find out how we can help you save money on your products this year.