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Ten advanced technologies seen to shape manufacturing's future

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Ten advanced technologies seen to shape manufacturing's future

He US’ “innovation ecosystem” seen as vital to the future of US manufacturing.

Advanced technologies are shaping the future of manufacturing, according to a study conducted by professional services firm Deloitte Global and the US Council on Competitiveness.

The study – drawn from dozens of face-to-face interviews with chief technology officers, chief research leaders and nearly a dozen directors of national research facilities – highlights the strengths and future vulnerabilities of the US innovation ecosystem. It also identifies 10 of the most promising advanced manufacturing technologies:

"By investing in advanced manufacturing technologies, nations may enhance their competitiveness and drive economic prosperity."

  1. Predictive analytics
  2. Smart, connected products (Internet-of-Things)
  3. Advanced materials
  4. Smart factories (Internet-of-Things)
  5. Digital design, simulation and integration
  6. High performance computing
  7. Advanced robotics
  8. 3D printing and scanning
  9. Open-source design / direct customer input
  10. Augmented reality

"By investing in advanced manufacturing technologies, nations may enhance their competitiveness and drive economic prosperity," said Craig Giffi, vice chairman, Deloitte LLP. "Investments in research and development can lead to advanced manufacturing capabilities. This, in turn, can lead to more complex and exclusive products for export – and these high-tech, often high-value, exports can then make a nation more competitive."

In the US alone, advanced industries support 40 million workers and account for $2.7 trillion in output, according to third-party data cited in the study from Deloitte Global and the CoC. "That's 17% of the US gross domestic product," said Giffi.

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