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While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.

Christoph Fedler, project director for equipment management at Rolls-Royce Germany, was facing a challenge: He needed to increase the available capacity of the prime discipline at the Oberursel facility, namely micrometer-precise grinding of curvic couplings.

To speed production and increase worker safety in the aerospace industry, major manufacturers are willing to pay a higher price for quality equipment.

Tacoma, Washington-based Tool Gauge manufactures precision metal and plastic components and assemblies for the aerospace industry.

Composite materials consist of fibers—in the aerospace industry, they are typically glass, carbon or kevlar—suspended in a matrix of epoxy resin.

The concept of the digital twin in A&D was born in the 1970s, when NASA began employing full-scale virtual mock-ups of space capsules to forecast the performance of machines in outer space.

Risk-management technology is beginning to help manufacturers cope with the supply-chain upheaval caused by the COVID-19 pandemic, said Thomas Derry, CEO of the Institute for Supply Management: “We are a lot better at managing risk than even 10 years ago.”

The implementation of smart technology is accelerating, in part because of the global pandemic, organizers of an online press conference on smart manufacturing in Taiwan said today.

Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.