End-users in the industrial sector encounter numerous obstacles. Customers expect higher performance at a lesser cost. The increased need for personalization has replaced mass production with a search for equipment and software that can allow quick changeovers and production flexibility, ultimately leading to the illusive batch of one. Meanwhile, the competitive market has caused many companies to run on razor-thin profit margins. That was before the coronavirus wreaked havoc on the global economy.
According to the World Economic Forum, the US GDP fell 5 percent in the first quarter of 2020 and 32.9 percent in the second quarter. However, the motion control sector and the industries it supports have fared quite a bit better.
Industry 4.0, smart factories, cyber physical system in our era of software-defined everything, OEMs and end-users are turning to digital technologies to not just survive the challenges of the market but prosper. The trend toward digitization— converting analog, mechanical, and even manual inputs into digital format— has been underway for decades. As more firms aim to raise productivity and product quality while reducing unscheduled downtime and operating costs, digitalization—the use of digital data to manage and improve operations—is gaining traction across industries.
To help organizations select the best Motion Control Systems Solution Providers, we present to you Manufacturing Technology Insights’ “Top 10 Motion Control Systems Solution Providers – 2021.”
