More than half of all manufacturers plan to test or use some form of fifth-generation cellular radio technology (also known as 5G) by the end of 2021, According to new research from The Manufacturing Institute. Big numbers:
- 91% of manufacturers believe that 5G connectivity will be critical to the overall future of their businesses.
- 91% of manufacturers say the speed of 5G deployment will positively impact global competitiveness.
- 88% Manufacturers say 5G connectivity will allow engineers to troubleshoot remotely.
comprehensive: Research shows that 5G is poised to support almost every part of a manufacturer’s business.
- 9/10 Manufacturers expect 5G to lead to the creation of new processes (88%) and new business (86%). You can make your supply chain more efficient and increase the productivity of both machines and workers. It may also lead to new improvements that no one expected yet.
Drill down: Let’s look at just one aspect of 5G’s potential impact: its impact on factory operations. Here’s how comprehensive the 5G transformation is expected to be.
- 4/5 of manufacturers say 5G technology is important for inventory tracking (83%), facility security (81%), and warehousing and logistics (81%) within their facilities.
- Three-quarters of of manufacturers say 5G is also important for inspection (76%) and assembly (76%) activities, and 7 in 10 say 5G is important for packaging (72%) and employee training (71%). ) said their initiatives would benefit from the rollout of 5G.
Also, don’t overlook the fact that more than 90% of manufacturers expect to reduce costs. Approximately 38% From 5G connectivity.
competitive advantage“Manufacturers’ competitiveness depends on their ability to continually improve the efficiency and effectiveness of their operations, and disruptive technologies are changing the way companies innovate and produce,” says the institute’s Manufacturing Research Center. said Chad Mautray, Director and NAM Chief Economist.
For more information: You can join the Institute’s webinar on 5G technology on Tuesday, April 6th at 2pm ET. Register here.
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