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Machine-tool market to reach US$ 245 billion in 2032

The machine-tool manufacturing industry is facing a transformative decade and as manufacturers’ needs are more digitally focused, machine-tool builders must evolve their products to meet changing market requirements.  According to global technology intelligence firm ABI Research, the machine tool market will grow by a CAGR of 4.3% from 2022 to 2032 and reach US$ 245.2 billion in manufacturing value added.

Funding for hydrogen materials research

Cranfield University in the UK has been awarded over £0.5 million for a range of manufacturing projects, including three initiatives focused on how materials respond to hydrogen, which could help accelerate the adoption of hydrogen-fuelled engines and assist industries with reaching net zero carbon emissions.

A sustainable future

In the May 2023 issue of International Sheet Metal Review magazine, we analyse trends, drivers and challenges in global construction markets, and highlight new and emerging technologies that are making a difference….

The robotics race

In the May 2023 issue of International Sheet Metal Review magazine, we examine the global market for industrial robotics and highlight investments, applications, key trends and benefits for users.

The Gender Gap

To celebrate International Women’s Day on 8 March 2023, the April issue of ISMR features this article by manufacturing lawyer, Lucy Pringle, who is a Partner at international law firm, Womble Bond Dickinson. She has been a manufacturing lawyer for 15 years, with a passion for the sector, and is also a keen advocate for women in STEM.

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