Profit analysis of smart cockpit energy storage chip equipment manufacturing

Can smart manufacturing technology boost production capacities of smart factories?

According to the McKinsey Global Institute’s report, about 60 % of all occupations have at least 30 % of constituent activities that could be automated, which indicates that the effective utilization of smart manufacturing technologies can boost the production capacities of smart factories .

How big is the global smart manufacturing market?

Soroush M., Baldea M.M., Edgar T., SMART Manufacturing, Applications and case studies, e-book ISBN: 9780128203811, Elsevier Science, August 4, 2020. The global smart manufacturing market is projected to grow from $249.46 billion in 2021 to $576.21 billion in 2028 at a CAGR of 12.7 % between 2021 to 2028, Fortune business insights, May 2021.

Is energy storage a profitable business model?

Although academic analysis finds that business models for energy storage are largely unprofitable, annual deployment of storage capacity is globally on the rise (IEA, 2020). One reason may be generous subsidy support and non-financial drivers like a first-mover advantage (Wood Mackenzie, 2019).

Why did Lockheed Martin use Microsoft AR?

Lockheed Martin used the Microsoft AR tool to observe holographic representation of some complex components of aircraft and the necessary instructions to assemble them, which led to a 30 % reduction in the time required for component assembly by 30 % .

Why is IIoT a key technology in smart factories?

IIoT acts as a core technology in smart factories and is highly beneficial for quality control, equipment fault prediction, supply chain traceability, and supply chain efficiency .

How AI-powered quality inspection technology is transforming the manufacturing industry?

AI-powered quality inspection technologies also play a crucial role in allowing the best quality products in the market. Moreover, new concepts such as immersive technologies, additive manufacturing, IIoT/IoT, and CPS have played significant roles in uplifting manufacturing processes equipped with smart manufacturing systems.