2023 Advanced Manufacturing Outlook Report

Over the last year, the world has seen several challenges that have affected our lives. Manufacturers depend on supply chains that are still recovering from the COVID-19 pandemic, which is not as much of a concern as it was in the previous two years.

However, in 2022, additional issues have arisen, including the war in Ukraine, blockades at major North American border crossings, various protests and convoys, ballooning inflation, and in-turn rising interest rates.

Companies are still investing in advanced manufacturing, each at their own pace, as many do not want to fall behind their competition, in an increasingly competitive atmosphere.

The advanced manufacturing, or Industry 4.0 space is an industry onto itself, and many manufacturers are struggling with what to update, what to keep the same, and how to stay ahead of the competition.

Read the report for the complete findings, insights, and breakdowns.