A major European car brand is expected to fail within the next three years as automotive manufacturers fight to survive a period of “extreme change”, according to a report published today.
The UK government has vowed to back certain areas of British industry with considerable funding streams that could mean greater job security and improved routes to market for innovative manufacturing companies.
A consortium of aircraft manufacturers has teamed up with Formula One to develop lightweight aircraft seating designed to help reduce CO2 emissions and secure the UK's foothold in the £16bn aircraft interiors market.
The Department for Business, Energy and Industrial Strategy has outlined the serious failings of government to adopt the fruits of the Fourth Industrial Revolution as swiftly as its neighbours, urging it to reinforce STEM subjects at universities so industry leaders have a fighting chance to take the reins with service robotics and AI in the future.
Europe’s top automotive representatives have called on UK and EU leaders to rule out a no-deal Brexit, fearing the results would be “catastrophic” for the industry.
For the first time, Ford has introduced a team of collaborative robots that works alongside human engineers to ensure every Ford Fiesta has a perfect finish.
The total installed base of AI-enabled devices in industrial manufacturing is forecast to reach 15.4 million within five years, with a CAGR of 64.8% from 2019 to 2024.
Some of the UK’s most economically deprived regions face the greatest risk of a double whammy hit to their economies in the event of a no-deal Brexit, according to the latest analysis of regional manufacturing performance.
The latest International Federation of Robotics figures show global sales of US$16.5bn in 2018, with a total of 422,000 industrial robots shipped - up 6% compared to the previous year.
