The manufacturing landscape in Asia is undergoing a significant transformation, driven by technological advancements, changing market dynamics, and evolving consumer preferences.
Key trends reshaping the industry include:
1. The shift towards high-value and advanced manufacturing
2. Increasing automation and digitalization
3. Sustainability and circular economy awareness
4. Reshoring and nearshoring trends
5. Servitization and new business models.
Delve into how industry players like Stratus (a Penguin Solutions brand) and Siemens Digital Industries Software play their roles addressing these trends and enabling digital transformation.