SINGAPORE, June 7, 2016 – IDC Manufacturing Insights has released two research reports entitled “Robotics in ASEAN Manufacturing” and “IoT in ASEAN Manufacturing“, as part of its ASEAN research series.
With manufacturing contributing 21.5% to the ASEAN GDP, the role of technologies such as the Internet of Things (IoT) and Robotics has never been as important in transforming the manufacturing industry. The primary advantage of Robotics lies in its ability to deliver repeatable and consistent quality, to enable greater agility and flexibility in operations, and to increase productivity at a reduced cost. On the other hand, IoT as technology enables the various remote monitoring and connectivity services that are required for creating the “Factory of the Future”. The mash-up of IoT, Mobility, Cloud, and Robotics technologies will result in the creation of Smart and Connected Manufacturing processes consisting of shorter design cycles, faster assembly lines, and flexible supply chains.
The “Robotics in ASEAN Manufacturing” report provides insights into the use of industrial robots in ASEAN manufacturing. It covers a comparative analysis of cost for labor and robots and case studies of robotic applications. The report also provides a list of core skills required for successful robotic application and key actionable recommendations for OEMs, systems integrators, and end-user companies.
On the other hand, the “Internet of Things (IoT) in ASEAN Manufacturing” report provides insights into the use of IoT in ASEAN manufacturing. It covers an analysis of the macro trends in manufacturing, technology investments across the various manufacturing value chains, business priorities and drivers for IoT technology adoption, and case studies on IoT diffusion in ASEAN manufacturing. The report also provides a set of key actionable recommendations for manufacturing organizations/end users and IT vendor/service providers.
IDC Manufacturing Insights research revealed that global competition, Asian wage inflation, and the emerging wave of Industry 4.0 will remain the dominant drivers for robotic application in manufacturing. And in order to stay cost-competitive and mitigate the challenges of rising labor costs, the CIO community in ASEAN manufacturing organizations must eventually turn to automated eco-systems by integrating their IT and operational technologies. In this regard, IDC Manufacturing Insights forecasts that the manufacturing companies in the ASEAN region will ramp up their IoT technology investments to over US$15 billion by 2019. And that the Asia Pacific robotics market as a whole will continue to grow to reach US$93 billion by 2019, accounting for 69% of the global market.
“The upcoming wave of IoT and robotics application in manufacturing is for real,” said Dr. Jing Bing Zhang, Research Director, Worldwide Robotics and Manufacturing Insights Asia Pacific, IDC Asia/Pacific. “And it is expected to be broad-based, cross-industry, and cross-operations, which will bring about significant changes in manufacturing,” added Zhang.
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About IDC Manufacturing Insights
IDC Manufacturing Insights assists manufacturing businesses and IT leaders, as well as the suppliers who serve them in making more effective technology decisions by providing accurate, timely, and insightful fact-based research and consulting services. Staffed by senior analysts with decades of industry experience, our global research analyzes and advises on business and technology issues facing asset-intensive, brand-oriented, technology-oriented, and engineering-oriented manufacturing industries. For more information, please visit www.idc-mi.com, email firstname.lastname@example.org, or call +91 99860 91908. Visit the IDC Manufacturing Insights Community at https://idc-community.com/manufacturing
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For press inquiries, please contact:
Sampath Kumar Venkataswamy
Research Manager, Manufacturing Insights
Dr. Jing Bing Zhang
Research Director, Worldwide Robotics, Manufacturing Insights
Corporate Communications Executive