The manufacturing sector is highly vulnerable to unpredictable market dynamics. Sudden changes in demand lead to major supply chain disruptions, resource shortages, increased turnaround time, and, most importantly, losses incurred while incorporating these changes in production processes. A comprehensive and adaptable system that meets business needs, enhances productivity, and boosts consumer satisfaction is the need of the hour, and flexible manufacturing (FM) is one such system that can help companies meet these goals.
The FM system has been in use for a long time; however, it has not seen widespread usage due to technology backwardness. Now, with the availability of sophisticated and affordable technology, the system's success rate has increased. Manufacturers are inclined toward this system due to its adaptability and because it offers better product quality, a shorter lead time, and a broader range of products, eventually leading to higher customer acquisition rates.
This Frost & Sullivan study covers 4 models that trigger the growth of the FM system, and manufacturers can adopt them after assessing existing production needs based on business goals. Each model covers various sectors that will benefit from FM, also highlighting exemplary companies to action.
The transition to these novel manufacturing models is convenient due to the prevalence of advanced technologies that act as enablers. A growing number of industries are shifting to automation to improve overall productivity, and with an efficient FM system, they will be able to overcome demand volatility and the intense competition.
Why Is It Increasingly Difficult to Grow?
The Strategic Imperative 8™
Our Mega Trend Universe: An Overview
Growth Opportunities Fuel the Growth Pipeline Engine™
Our Mega Trend Universe: Flexible Manufacturing
Key Findings
Critical Growth Opportunities
Flexible Manufacturing: An Overview
Flexible Manufacturing: Key Growth Drivers
Flexible Manufacturing: Key Market Restraints
Future of Manufacturing: 4 Triggers Leading to Innovative Business Models
Decentralized Manufacturing versus Centralized Manufacturing
Decentralized Manufacturing: Sector Focus and Drivers
Decentralized Manufacturing: Companies to Action
Mass Personalization
Mass Personalization: Sector Focus and Drivers
Mass Personalization: Companies to Action
On-demand Manufacturing
On-demand Manufacturing: Trends and Drivers
On-demand Manufacturing: Companies to Action
Predictive Manufacturing
Predictive Manufacturing: Maintenance Technology and Drivers
Predictive Manufacturing: Companies to Action
Trend Opportunity: Attractiveness Analysis
Trend Opportunity Impact and Certainty Analysis
Trend Opportunity Impact and Certainty Analysis (continued)
Trend Opportunity Disruption Index
Trend Disruption Attractiveness Score
Trend Opportunity Growth Index
Growth Attractiveness Score
Trends: BEETS Implications
Growth Opportunity 1: FM as a Service
Growth Opportunity 1: FM as a Service (continued)
Growth Opportunity 2: Lean Manufacturing
Growth Opportunity 2: Lean Manufacturing (continued)
Growth Opportunity 3: Technology-enabled Shared Manufacturing
Growth Opportunity 3: Technology-enabled Shared Manufacturing (continued)
Critical Success Factors for Growth
Conclusion
Our Mega Trend Universe
Our Mega Trend Universe (continued)
Identifying Your Company’s Growth Zone
Your Next Steps
About The Growth Pipeline Model™
List of Exhibits
Legal Disclaimer
List of FiguresSpeak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| New Title | Flexible Manufacturing Market - Growth Opportunities, Analysis, Forecast, Global, 2023 |
|---|---|
| New Subtitle | Innovative Business Models are Leading to Enhanced Customer Experiences and High Competitive Intensity - Flexible Manufacturing System,Flexible Production System,Flexible Manufacturing Technologies |
| Deliverable Type | Megatrends |
| Author | Sukriti Mahna |
| Industries | Cross Industries |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Flexible Manufacturing Technologies |
| Keyword 2 | Flexible Manufacturing System Market |
| Keyword 3 | Manufacturing Business Opportunities |
| List of Charts and Figures | Flexible Manufacturing: Key Growth Drivers, Global, 2023–2030 Flexible Manufacturing: Key Market Restraints, Global, 2023–2030 Decentralized Manufacturing Opportunities for Top Sectors, Global, 2022 Level of Mass Personalization versus Consumer Preference for Personalization – By Segment, Global, 2022 Manufacturer Adoption of Maintenance Systems, Global, 2021 Flexible Manufacturing: Growth Opportunity Trend Analysis, Global, 2021–2031 Flexible Manufacturing: Trend Impact versus Certainty, Global, 2021–2031 Flexible Manufacturing: Disruption Attractiveness Score, Global, 2020–2030 Flexible Manufacturing: Growth Attractiveness Score, Global, 2020–2030 |
| Podcast | No |
| WIP Number | PE3D-01-00-00-00 |
Growth Opportunities Driven by Flexible Manufacturing
Innovative Business Models are Leading to Enhanced Customer Experiences and High Competitive Intensity - Flexible Manufacturing System,Flexible Production System,Flexible Manufacturing Technologies
07-Mar-2023
Megatrends