Industry 4.0 Technologies: Global Market Through 2023

Industry 4.0 Technologies has become an over-used term, with its origins as a strategic project for promoting manufacturing by the German government.

Marketing and promotional concepts have applied the term to everything from the next Industrial Revolution to the revitalization and redefinition of national and global industry in manufacturing. 
The concept has also been portrayed as a mechanistic threat to factory workers and a precursor to the automated robotics-only factory of the future.

Industry 4.0 may contribute to all of these things, but it is essentially a set of principles that are executable through the advent of information technology. Initiated more than five years ago, Industry 4.0 principles continue to remain valid today.

 Empowered by technologies, manufacturers can attain the interoperability, information transparency, technical automation and decentralized decision-making included within Industry 4.0.

Multinational manufacturers with global footprints are combining with regional and local initiatives to drive spending for Industry 4.0 initiatives across all facets of manufacturing. Globally these initiatives generated investments of $REDACTED billion in 2017, which will grow to nearly $REDACTED billion in 2018 and $REDACTED billion in 2023 at a compound annual growth rate (CAGR) of REDACTED%.

FULL REPORT VIEW
Industry 4.0 Technologies | Technology Market Research


TABLE OF CONTENT

Reasons for Doing This Study
Industry 4.0 Principles and Technologies.
Market Breakdown by Technology 
Market Breakdown by End Use.
Market Breakdown by Region
Market Breakdown by Application
Analysis of Market Opportunities

COMPANY PROFILE

  1. SIEMENS
  2. PHILIPS PHOTONICS
  3. MITSUBISHI ELECTRIC CORP.
  4. HONEYWELL SENSING & CONTROLS
  5. AUTOMOTIVE TECHNOLOGIES INTERNATIONAL INC
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Is the big leap here yet? Genetic libraries and AI speaks for the cannabis industry

The basics of cannabis are fairly simple. A couple of genetic libraries in Canada are conducting advanced research while there are also a few startups coming up with AI integration in the industry. The next big thing for the cannabis industry is here.  

The cannabis industry is undoubtedly getting global. Though, at a slow pace, the recent advancements in the cannabis industry may impact the legalization regulations while triggering a changed perception of marijuana. Legalization had always been the concern in the markets. The new industry projects are projecting eased regulations and t

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s apart in the future by having clear “genetic libraries” of marijuana strains.

The research is widely active in Canada’s marijuana markets, painting the best practices for the nascent industry. Continued research practices by pushing ahead the genetic libraries and AI-driven advancements, the Canada market may rise ahead in the industry while marking a global presence.

The greenhouse agriculture is pharmaceutical production

Experimentation with the form of greenhouse agriculture, pharmaceutical production, and plain production has been underway in various cannabis research farms.

To provide cuttings that turn into genetically uniform baby clones through the ‘mother’ plants of marijuana, these clone plants are led to rapidly grown cable with oodles of nutrition, water, and bright lights.

Increased production in the genetic library:

When the cannabis plants grow adequately big, light cycles are changed in the genetic libraries. With this, the plants are deceived to believe that the weather is changing from summer to fall. As a result, the plants produce flowers expecting winter to come soon.

These flowers hold high levels of THC, meaning, tetrahydrocannabinol. The buds are further reaped and the production cycle is repeated to grow more cannabis in the genetic library.

The libraries do not always deal with the increased production or the growth of cannabis. There are a few libraries which experiment with various other segments of the area such as new edible items. This also includes cannabis-infused drinks.

There’s dubiety among researchers if marijuana can be integrated with the conventional wine or beer categories. The pace of advancements may anticipate it to be a reality soon.

Activated oils:

The area hasn’t spark off the ‘moment’ as yet, although it explores a line which will enable activated cannabis available for use by integrating it with soft gel capsules.

Vitamin E capsule was an indeed a great innovation in the pharmaceutical industry which has now triggered the encapsulation of cannabis as well. The industry is soon to be introduced with such encapsulate activated marijuana oil.

The research on selective procreation to refine the genetics has been further emphasized to extract the highest yield. This is majorly being focused to get the enhanced end effects with precision.

Robotic cranes several new developments have eased the process of producing cannabis. The introduction of AI to the cannabis industry has made a new leap in transforming the marijuana industry. We’ll now see how AI has impacted the cannabis markets.

The AI factor transforming the Cannabis industry:

  1. Apps and tools being used to cultivate the farmlands of cannabis. There a couple of lands which are synced with unmanned vehicles. These drones give a top view of the cannabis farm while revealing crucial insights for its cultivation.  
  2. Although cannabis is good for our health, people always hold onto the wrong end of the stick. To educate people with the right use of Cannabis, a new artificial intelligence technique used to allow to select the right strain.
  3. One such app reads the peer-reviewed journals to finds studies on the primary amalgam of cannabis. Further, it views 37 symptoms including cancer, asthma, and insomnia to get the right strain of marijuana.
  4. Chabot is also an important AI development that has triggered the wise purpose of cannabis cultivation and the right method to do the same. It chatbots also allows patients to gain information regarding medical cannabis and its mode of action. The aim is to deliver a highly personalized analysis of symptoms, treatments with greater precision.

Lately, the cannabis industry is witnessing a new epoch of genetic libraries and AI driven advancements. Underlining its research area has opened the doors of opportunities for marketers clearing the blur picture of dubiety in the market. Will the new trends reposition the marijuana market in the pharmaceutical industry? Researchers anticipate for better future but not to be lost in false hopes which are far from reality.

Robot-assisted packaging for better hygiene and safety

About one-tenth of the food-sector jobs in the US are expected to be replaced with automation tools and software by 2025. Food and beverage conferences 2018 say that the labor-intensive environment of this industry will soon be transformed with higher levels of automation.

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While food manufacturers have long looked at automating their processes, artificial intelligence technology has also found its way into the packaging segment of the industry.

Packaging is claimed to be among the most important steps in food processing in all international conference on food processing and is an important point of discussion.

It is deemed highly important in maintaining the food items consumable by preventing contamination and spoilage. The packaging also has aesthetic value. Along with all these qualities, it is also crucial to remember that the packaging must have a very minuscule contribution to the cost of the end-product.

Will technology be able to preserve all these qualities of the traditional methods?

Robot-assisted packaging and its reliability

Conferences on food processing and packaging, as previously mentioned, often discuss and state the importance of tamper resistance, compliance with food safety regulations and low costs of the packaging materials and process. Traditional approached have been fulfilling these requirements but not as great as they must.

Another reason why the conventional methods actually require a change is that demand is increasing. Production time needs to be decreased to be able to serve this demand effectively. Moreover, with newer materials being adopted, there must be processes that suit them and also keep a check on their safety and suitability for the food item being packed.

In this context, robot-assisted packaging, or in general, all automation processes are much more reliable than the current-day methods. This is because the functioning of robots can be constantly monitored, processes can be linked, and there can be a single point of control. Such better-optimized process will allow the recognition of problems in real-time and there will be no delays.

The benefits of integrating technology with food processing

A food processing conference in Czech Republic 2018 will address the key trends of the present day and the plethora of benefits that can be reaped by integrating technology in the food processing sector. The key points of consideration include

  • Lowered costs
    In the world of rising utility costs and soaring raw material prices, it is definitely not economical to pay a few hundred employees for a job. The neck-to-neck competition that companies face today, cost-cutting becomes important as a pricing strategy. With automation, a single robot can perform tasks for longer hours and redundancy will be seen to decline.
  • Better replication ability
    Humans are prone to err. But with machines working as programmed, replicating packaging becomes easy. This is particularly important when most consumer goods today are mass-produced.
  • Improved raw material traceability

Automated data capture and software systems to track components from raw materials to finished assembly reduces wastage and improves the efficiency of various processes.

However, it is a formidable challenge for robots to handle multi-ingredient food items to check their quality and integrity along with testing each component for their ability to react to the packaging material. Machine sanitation becomes important with automation which is another labor-intensive process.

Such problems are expected to be resolved in food science conferences 2018. 

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Audi updates its designing process: 3D printing making it faster

Your favorite Audi just got faster…… this time, in its production process

The development process of vehicle design development has got significantly speedy at Audi, Pre-Series Center in Ingolstadt with the latest advancement in the 3D printing technology and its skillful application in the process of automotive production. The technology has enabled to 3D print various transparent and exact colored tail light covers and other vehicle production parts.

Earlier, the tail light covers could not be produced in one piece which now has been made possible by Audi using 3D printing technology. With this, Audi is expecting a dramatic cutback in prototyping lead times for tail light covers. If compared with the conventional methods the reduction goes down up to 50% which will save a lot of time and ease the process of tail light covers production.

The new advancement allows the automobile giant to pr

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oduce transparent, multi-colored and textured parts which match the color of its precise design requirements and eases the approval process.

Ultra Realistic, multi-colored and transparent tail light covers are planned to manufacture by Audi plastics 3D printing Centre in Ingolstadt.

How did the process of product design look like?

The conventional method of commencing a new vehicle involves a long process of producing physical models and prototypes. This was to enable the brand to assess the new designs and take the procedure ahead.

The process demands allocation apportionment of almost all parts of the vehicle, especially in the early stage of the vehicle development. Right from door handles and wheel covers to radiator grills, the conventional way of evaluating the early process had to go through molding and milling which were commonly used to create and duplication the new vehicle model.

What was the challenging part?

The multi-colored covers of the tail light housing were the main challenge in the conventional process of automotive designing process. The color had to be assembled individually since they could not be manufactured in one-piece. It had elongated the process eventually leading to the delayed time taken to market the product.

How will the new 3D printing technology help to overcome the prototyping setbacks?

To mitigate the unnecessarily time consumed over prototyping, 3D printing speeded up the process of automotive design which will soon replace the traditional method, accelerating the design verification overall. It has advanced to an extent that now the technology has become an intrinsic part of the automotive design process. The designing team at Audi Pre-series center has overhauled the setbacks of the conventional method.

How Audi is Using 3D Printing in Car Manufacturing

What’s more?

The automotive tech giant claims to have over 5 lakh color combinations available with them which will enable their team to 3D print elongate parts in different colors and appearances to meet the one-of-a-kind requirements of product design.

The clientele of Audi has explicit demands while purchasing the product, especially in term of the design and vehicle appearance. The final vehicle model has to be crucially elite maintaining the foremost standards of its quality. Taking it into account, the concept phase itself needs to to be made powerful and achieve the highest quality for the final product.

Expert’s Take:

“Using the J750 for the prototyping of tail light covers, we will be able to accelerate our design verification process,” says Spiering, Head of the A print technique in our prototyping process of tail light covers,” he adds.

Consequently, the company expects the prototypes to be exact part of point properties with meticulous color and transparency. The Stratasys J750 3D printer enables to print the textures and colors with the highest accuracy making it the significant advantage in the design and production process.

The advancement has triggered the growing opportunities in the 3d printing in the automobile sector. Audi continues to leverage to incorporate new 3D printing technologies into new application areas for further enhancement of the development process and research.

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