Sophisticated demand for Advanced Manufacturing solutions
Initiatives in Developing Advanced Manufacturing
Manufacturing is a key pillar to Singapore’s economy and the government is committed to ensure the sector is well-positioned by taking measures such as investing in advanced manufacturing technologies and promoting their adoption, such as additive manufacturing and robotics. The Singapore government intends to support the Future of Manufacturing initiative and has established the Advanced Remanufacturing and Technology Centre (ARTC) in 20152. ARTC is Asia’s first centre for test-bedding and developing manufacturing technologies. It involves universities and industry partners that seek to bridge technological gaps in the adoption of advanced remanufacturing processes.
Advanced Manufacturing Business Events: Opportunities for growth
Singapore’s vision for a technology-intensive digital manufacturing hub opens up a new realm of business event opportunities. In particular, there are opportunities for thought-leadership platforms and marketplaces that showcase the latest emerging technologies enabling the shift to advanced manufacturing. These include events rooted in key verticals like digital factory, urban digitalisation, industrial robotics, automation, the Internet of Things, big data analysis and augmented reality.
Did you know?
- From 2014 to 2018, the Singapore government has invested some S$500 million to support the Future of Manufacturing initiative3.
- It is estimated that the worldwide stock of operational industrial robots will increase from about 1,828,000 units at the end of 2016 to 3,053,000 units at the end of 2020, representing an average annual growth rate of 14 per cent between 2018 and 20204.
- The National Robotics Programme is a S$450 million5 initiative to support public-private partnerships among research performers, companies and public agencies to drive R&D, test-bedding and deployment of robotics technology.