Nearly half of Asia Pacific manufacturers to have smart factories by 2022
In the next five years, manufacturers will rely more on smart factories and have less concerns over quality issues
The study, which consists of a body of research analyzing the emerging trends shaping the future of industrial manufacturing, highlighted that the number of manufacturers supporting a fully connected factory would nearly triple by 2022.
Quality assurance is the top priority for the APAC region over the next five years. But interestingly, quality-related issues are becoming less of a concern, signaling the improvement in quality of finished goods for manufacturers.
This comes at the cusp of technological advancement, as manufacturers are planning to improve the level of technology usage from now till 2022. In comparison between now and five years later, manufacturers are placing a stronger focus on mobile technology (27 percent vs 72 percent), wearable technology (33 percent vs 65 percent), location tracking (38 percent vs 51 percent), and voice technology (45 percent vs 51 percent).
The use of visible technology to expected to spur growth, with 42 per cent of manufacturers seeing the investment in this area to pay off. On top of that, 55 percent of manufacturers surveyed are planning to implement real-time location systems (RTLS), while another 48 per cent plan to use RFID by 2022.