Macroeconomics

AGVS streamlines tasks in order fulfillment in logistics centers as well as improve safety in production lines. AGVs can perform more than material handling such as scanning barcodes and transferring the scanned data to the central cloud system. AGVs automate all the material handling tasks and remove the need for having workers to move materials w...

Conventional artificial intelligence (AI)-enabled processors are based on rule-based algorithms and are optimized for applications, such as real-time monitoring and reporting. However, with increasing demand for fully autonomous solutions, there is a need for perceptive solutions capable of making probabilistic decisions, replicating the human brai...

MIM is very cost-effective for manufacturing high volume complex parts. The technology allows varied industries to produce components with very minimal metal (material) wastage. MIM reduces assembly part count and the number of bond joints in a component. This reduces the requirement of an assembly process (machinery, equipment) and associated manp...

Designing existing system whenever a company manufactures products is time consuming and a complex tasks for executives in addition to other factors that impact successful product launch. Modular production system greatly simplifies production setup processes . This allows companies to focus more in the product delivery in its other key compete...

COVID-19 has crippled the global supply chain and forced most countries to take preventative measures by closing down their economies. While the pandemic has shown no signs of slowing down globally, cities, states, and countries are slowly emerging from lock downs and are stumbling into the new reality. Global economies are currently in a recession...

Quantum technology, which enables the manipulation of atoms and sub-atomic particles, will allow for a new class of ultra-sensitive devices with key potential to profoundly impact and disrupt significant applications in areas such as defense, aerospace, industrial, commercial, infrastructure, transportation and logistics markets. The ability to con...

Data storage technologies (DSTs) are evolving with the exponential rise in the demand for high capacity and secured storage systems in the recent years. This is mainly due to the change in technological perception in the global community, which focuses on facilitating simplified interaction with the latest innovations happening around as data forms...

09 Mar 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

Indian Metal Industry Outlook, FY 2019

Backed By Government Policies, Industry Consolidation, and Technology Infrastructure Upgrades, the Metal Industry is Set to Witness a 6% y-o-y Demand growth in FY 2020

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Indian metal market growth in 2019 witnessed global, macroeconomic and industrial factors, such as trade wars, an increase in industry consolidation, plant closures, and restricted imports. The industry’s main objective remained cost optimization, raw material sustainability, and process efficiency. The Indian Government’s flagship programs...

27 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Outlook

GCC Metal Industry Outlook, 2020

Non-oil Economic Diversification Policies, Localization Drives, and Growing Consumerism will Boost Growth in the Ferrous and Non-ferrous Industries in 2020

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The year 2020 is anticipated to be a step forward for the Gulf Cooperation Council (GCC) region's effort towards non-oil diversification and manufacturing sector growth. The nascence of the metal downstream industry has led to import dependency in the GCC. Government initiatives towards the development of the downstream metal industry have resu...