State of Heavy Manufacturing Industries
1
Construction Machinery Global demand for construction machinery is forecast to advance annually, reaching $218 billion in 2019 5 Trends: n Reduced costs through flexible and scalable manufacturing n Restructuring and streamlining operations n Growing equipment rental market n High-tech development n Product customization State of Heavy Manufacturing Industries 3.9 % Material Handling Equipment Global material handling equipment market is expected to grow at a CAGR between through 2020 5 Trends: n Automated guided vehicles n Warehouse control systems n Energy efficiency n Larger port terminal cranes n Increased demand from E-commerce 3-6 % Rail Global rolling stock market predicted to grow at a CAGR of through 2019 5 Trends: n Ever-increasing safety requirements n Reduced downtime n Sales to shippers and leasing companies n New export markets n Increasing capacity through higher axle loads 2.83 % Facing uneven demand and competition from imports, heavy industrial manufacturers are looking to expand into new markets, grow in foreign markets, and implement innovative technologies that will improve efficiency and control costs. Agricultural Machinery Agriculture and Farm Machinery market expected to expand at an CAGR between 2015 and 2022 5 Trends: n Expanded and tailored product lines n Growing competition from imports n Automation to increase productivity n GPS and autonomous vehicles n Sustainable design Truck and Bus Annual growth of is expected in the global truck market through 2024 5 Trends: n Emissions compliance n Increased fuel efficiency n Increased focus on safety n Natural gas-fueled vehicles n Hybrid-electric vehicles 8. 7 % ewi.org 614.688.5146 CAPITALIZING ON INDUSTRY TRENDS requires technological innovation. There are 3 Technologies/Capabilities particularly critical to meeting current and future Heavy Manufacturing challenges: n Modeling for distortion prediction and mitigation n Flexible automation n Additive manufacturing FOR INFORMATION ON HOW EWI can help heavy manufacturers apply innovation to solve their challenges, please contact Aaron Haines, Business Development Manager, at [email protected] or 614.688.5146 Mining Equipment Mining equipment market to reach billion by 2022 5 Trends: n Sustained market downturn n Increased focus on safety n Investment in innovation n Automated extraction processes n Resource nationalism $ 95 3 %
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Transcript of State of Heavy Manufacturing Industries
Construction MachineryGlobal demand for construction machinery is forecast to advance
annually, reaching $218 billion in 2019
5 Trends: n Reduced costs through flexible and
scalable manufacturingn Restructuring and streamlining
operationsn Growing equipment rental marketn High-tech developmentn Product customization
State of Heavy Manufacturing Industries
3.9%
Material Handling EquipmentGlobal material handling equipment market is expected to grow at a CAGR between
through 2020
5 Trends:nAutomated guided vehicles nWarehouse control systemsnEnergy efficiencynLarger port terminal cranesnIncreased demand from
E-commerce
3-6%
RailGlobal rolling stock market predicted to grow at a CAGR of
through 2019
5 Trends: nEver-increasing safety
requirementsnReduced downtime nSales to shippers and leasing
companiesn New export marketsn Increasing capacity through
higher axle loads
2.83%
Facing uneven demand and competition from imports, heavy industrial manufacturers are looking to expand into new markets, grow in foreign markets, and implement innovative technologies that will improve efficiency and control costs.
Agricultural MachineryAgriculture and Farm Machinery market expected to expand at an
CAGR between 2015 and 2022
5 Trends: n Expanded and tailored product linesn Growing competition from importsn Automation to increase productivityn GPS and autonomous vehiclesn Sustainable design
Truck and Bus Annual growth of
is expected in the global truck market through 2024
5 Trends:nEmissions compliance nIncreased fuel efficiencynIncreased focus on safetynNatural gas-fueled
vehiclesnHybrid-electric vehicles
8.7%
ewi.org 614.688.5146
CAPITALIZING ON INDUSTRY TRENDS requires technological innovation. There are 3 Technologies/Capabilities particularly critical to meeting current and future Heavy Manufacturing challenges:
n Modeling for distortion prediction and mitigation
n Flexible automationn Additive manufacturing
FOR INFORMATION ON HOW EWI can help heavy manufacturers apply innovation to solve their challenges, please contact Aaron Haines, Business Development Manager, at [email protected] or 614.688.5146
Mining EquipmentMining equipment market to reach
billion by 2022
5 Trends: nSustained market downturnnIncreased focus on safetyn Investment in innovationn Automated extraction
processesn Resource nationalism
$95
3%
