Industry trends today are going to change in line with the mega trends of global business. We have clearly started to see changes over the past 3 years, especially this year in the next generation of the automotive industry. Digital & Electronic Industries including the medical and health industry (BioHealth), - industries that are classed as large sectors and play a major role in the local industry growth and production. These are industries seeing rapid technological development.
2023 is an important time for manufacturers to enhance their technological capability and be able to manufacture parts that meet the market’s changing needs. Examples of the changes required are modifying production lines to produce parts for electric vehicles, aerospace, hardware, and electronic parts, including medical equipment parts, etc. It is expected that demand will continue to increase and likely to be substantially higher than today by the fourth quarter of the year. Therefore, mid-year is the best time to look for new technologies and to enhance production capabilities - especially for Machining Centers and Machine Tools, which are important tools for forming metal parts, components, and supply chains for other related parts. This requires efficient technologies and the ability to uplift production standards to be able to compete both domestically and internationally.
In addition to the importance of high precision and speed in efficient production; production technologies that reduce environmental impact and are aligned with the determination to reach Zero Carbon and energy efficiency are another important trend that manufacturers must pay attention to. Technologies such as unmanned automated production, reduction or elimination of the use of coolant with automatic tool changing systems, intelligent energy saving systems and many more are the key to strengthening the manufacturing industry in this era.
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