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Manufacturers in San Antonio to adopt IoT for creating smart factories

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The local manufacturers in San Antonio, Texas are adopting IoT technology to create smart factories. Manufacturers are being enrolled to learn Manufacturing 4.0, a concept that uses IoT and Big data to improve overall productivity.

United States: Local manufacturers in San Antonio, Texas are adopting Internet of Things (IoT) technology that can create smart factories. Approximately 100 people are expected to get a crash course in a Manufacturing 4.0, a concept that uses the internet of things and big data to improve productivity.

The Product Marketing Manager for Desoutter Industrial Tools explained that Manufacturing 1.0 is mechanization with the help of steam and water, while Manufacturing 2.0 started in the 1800s with mass production and mechanized assembly lines. Manufacturing 3.0 created in the beginning of the Mid-20th Century and included the use of computers, robots and automation. Manufacturing 4.0 is a in line with people and computers working together.

The term Manufacturing 4.0 was introduced at the Hannover Messe trade show in Germany and since then, smart tools have been widely adopted in the United States across all sectors in manufacturing.

Desoutter has emerged as one of the leading makers of Manufacturing 4.0 technology, which has designed smart tools to transmit data to a central hub where the generated data can be analyzed to improve efficiency and anticipate maintenance issues.

The technology has allowed humans to communicate with machines easily. The experience can be improved using virtual reality tools and real-time tracking of components on the plant floor. There are however many barriers in the adoption as the technology is a bit costly, and there is a growing fear of change.

Many robot-assisted companies like Amazon in Schertz are already using order technology to track a product's movement across the floor. Toyota Motor Manufacturing Texas Inc. in south San Antonio uses automated guided vehicles, or AGVs, to supply parts and components to work stations.

According to TechSci Research, the decision by local manufacturers to adopt IoT in manufacturing is a great initiative which will allow them to improve productivity and anticipate maintenance issues. Internet of Things (IoT) is a continuous connected network system of embedded devices which allow communication without any human intervention. The services used to support essential features and components of IoT network are known as IoT services. The Global IoT services market is expected to witness robust growth due to the growing technological advancements and increasing initiatives for automating processes. The rapidly growing volume of data generating the need for data analytics is expected to propel the growth of the global IoT services market in the coming years. The decision is also likely to affect the IoT in Manufacturing Market in the United States as well as act as a guiding force for the Smart Buildings Market in the coming years

According to the recently published report by TechSci Research, Global Internet of Things (IoT) Services Market, By Type, By Application, By Region, Competition Forecast & Opportunities, 2011 - 2021”, Global IoT services market is projected to exhibit a CAGR of over 24% during 2016-2021, owing to rising internet and smartphone penetration, growing Industrial IoT (IIoT) adoption, coupled with increasing number of smart city projects across various countries. Managed services dominated global IoT services market in 2015 and the trend is anticipated to continue during the forecast period as well, owing to increasing number of government initiatives towards digitization and increasing IT spending on security services. Although, high demand for IoT services across the globe is emanating from healthcare, smart homes & buildings, smart cities, etc., manufacturing segment dominated global IoT services market in 2015, on account of rising need to reduce costs and increasing demand for data analytics.

According to the recently published report by TechSci Research, United States IoT in Manufacturing Market, By Component (Solutions, Platforms and Services), By Application Area (Predictive Maintenance, Business Process Optimization, etc.), By Vertical Market (Energy & Utilities, Automotive, Food & Beverages, Aerospace & Defense, etc.), By Company, By Region, Forecast & Opportunities, 2013-2023”, United States IoT in Manufacturing Market is expected to grow at a robust CAGR by 2023, owing to increased digitization in manufacturing and growing adoption of new technologies such as IoT and Big Data across various industries. Moreover, the rising investments in R&D and the emergence of intelligent machine applications will propel the growth of the market further. Based on the vertical, the energy and utilities segment is expected to lead the market due to applications like process optimization, plant automation etc. Based on components of the IoT in Manufacturing market, the services segment is projected to lead the market due to the application of managed services in deploying IoT based on consumer preferences.

According to the recently published report by TechSci Research, Global Smart Building Market , By Building Automation Software (Intelligent Security System, Building Energy Management System), By Services (Professional Services and Managed Services), By Building Type (Residential Buildings, Commercial Buildings ), By Company and By Geography, Forecast & Opportunities, 2023”, Global Smart Building Market is expected to grow at a CAGR of over 33% over the next five years. The major factors that drives the market are growing need for integrated security and safety systems and decreasing operational cost. Moreover, in 2017, services segment is growing at the highest CAGR and is expected to maintain its dominance over the next five years. Based on region, Europe region is expected to have the largest market share during the forecast period due to government initiative to further push smart and zero energy buildings.

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Relevant Reports

Global Internet of Things (IoT) Services Market By Type (Professional and Managed Services), By Application (Manufacturing, Healthcare, Smart Homes and Buildings, Smart Cities, etc.), By Region, Competition Forecast and Opportunities,

ICT | Oct, 2016

Rising demand for connected devices across various sectors and increasing internet penetration to drive global market for Internet of Things (IoT) services through 2021

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