Download our report on assembly equipment investment trends to gain critical insights into spending patterns, emerging technologies, and strategies that will shape your business and the broader industry.
Why Download this Report?
Understanding manufacturers' investment in assembly equipment and services offers critical insights into the future direction of their businesses and the broader industry. This report provides a comprehensive analysis of spending trends over the past four years and highlights key factors influencing purchasing decisions for assembly equipment. It also explores the adoption of emerging technologies, including automation, IoT, robotics, and additive manufacturing, within assembly operations. Additionally, the report addresses new strategies for recruiting talent in this skilled trade, helping you stay ahead in an evolving market. By downloading this report, you gain valuable information that can inform your planning and purchasing decisions for the upcoming year.
Who Should Read this Report?
Whether you are directly involved in purchasing or offer related products and services, this report provides critical insights into the trends and challenges shaping the assembly industry, helping you stay ahead in a competitive market. This report is essential for professionals across various roles in the assembly and manufacturing industry, including:
Vice Presidents, Directors, and Managers: In Manufacturing, Quality, Planning, Purchasing, Finance, and Operations who are involved in or influence spending decisions for assembly equipment.
Manufacturing Engineers and Specialists: Seeking to understand the latest trends, technologies, and automation practices in assembly operations.
Product Development and R&D Teams: Looking to align assembly processes with the latest industry advancements and best practices.
Procurement and Purchasing Professionals: Focused on understanding current and future equipment purchasing trends within the assembly industry.
Suppliers and Service Providers: Offering assembly equipment, tools, training, information, and related services, and aiming to better understand client needs and industry standards.
Technology and Automation Experts: Interested in the adoption of IoT, robotics, additive manufacturing, and other emerging technologies within assembly operations.
Study Objectives
Determine Spending Trends: Analyze projected spending for assembly equipment in the upcoming year and compare it with past years to identify trends and shifts in investment.
Uncover Purchase Motivations: Understand the key reasons driving manufacturers' decisions to invest in assembly equipment and how these factors influence broader industry planning and growth.
Assess Budget Allocations: Explore how budgets are allocated for assembly equipment purchases, including capital equipment, software, and related services.
Evaluate Technology Adoption: Investigate the extent of automation and the adoption of emerging technologies such as IoT, robotics, and additive manufacturing within assembly operations.
Explore Talent Recruitment Strategies: Identify new approaches and challenges in recruiting skilled labor for assembly manufacturing, providing insights into workforce development within the industry.
Methodology
The data for this report was collected through online surveys completed by active, qualified subscribers to the print, digital, and/or eNewsletter of ASSEMBLY. Respondents included professionals with job titles in Corporate Management, Design Management, or Manufacturing Management, working in locations where the principal products manufactured include electrical equipment, appliances and components, fabricated metal products, machinery, transportation equipment, and miscellaneous manufacturing.
Data was collected from August 10 - August 23, 2023
This report also was published in 2022, 2019, and 2018. If you have questions or wish to purchase past published reports, please contact us using our contact us form at: https://www.myclearopinioninsightshub.com/contact
Data Analysis
We use SPSS, a statistical software package, to tabulate all closed-ended numerical data, while open-ended questions are either summarized, coded, or included as written by respondents. Data is presented in graphic and tabular formats, detailing the number of respondents for each question. Sample sizes may vary throughout the report due to skip logic, data cleaning, or missing responses, and some totals may not equal 100% due to rounding. Key metrics include the mean (arithmetic average) and median (middle value of responses). Net values, such as top 2 box scores, may not match individual percentages due to rounding. Sample sizes are indicated as 'n=xx,' with sizes of 30 or more considered statistically reliable, while those below 15 are interpreted directionally. Statistical significance is highlighted at a 95% confidence level, showing results that are likely not due to chance. Significant differences between response options are clearly indicated in the report.