Understanding Industry 4.0 and its Impact on the Inline Metrology Market

33 Pages·2016·2.95 MB·English

by  Aravind Govindan

Future of Metrology Market
Agenda
The Future of Metrology
Enterprise-Level Integration
Industrial Internet
Inline Inspection
Conclusion
Appendix
2
The Future of Metrology
3
8 Transformative Forces Reshaping the Future of
Metrology
Augmented Reality
Big Data
Simulation
Future
Additive
Industrial Internet
of
Manufacturing
Metrology
Cyber
Enterprise Integration
Security
Inline Inspection
Note: Highlighted enabling elements in red will be presented at length in the following presentation
4
Enterprise Integration
5
Enterprise-Level Integration
Offering end-to-end quality inspection solutions will be the key to success.
Vertical Integration
Industrial Measurement
Component Manufacturing Solution
Quality Inspection • Inspecting every facet of
manufacturing and
Integration of Components
integrating all types of
Quality Inspection
inspection results will
help end users to create
Final Product
true corrective and
Quality Inspection Quality
preventive processes
Planning,
and action plans to
Control, and
achieve ‘Zero’ errors in
Assurance
manufacturing.
Horizontal Integration
• Quality inspection
• NDT
service providers need
• Condition Monitoring
to build solutions for the
• Analytical Instrumentation
vertical and horizontal
• Material Testing
quality inspection market
• Metrology
to retain prominence.
• General Purpose Test
• Automation
• Software and Services
6
Enterprise-Level Integration Using Software
Over the next 3-5 years, most metrology companies will invest more than 50% of their R&D
budget in coding enterprise-level software solutions.
Software Evolution: Innovation Needs to Drive Structural Transformations in Stakeholder
Relationship
Open Innovation
Expansive
Restricted/ Closed Platform
Innovation
Innovation
Product/Solution Capabilities Total Quality
Technology-based Process
Design Process-based
Software Management
Software
Software
Exclusive Business Broad Ecosystem with
Competitor Niche Product Market Focus with Strategic Diverse Supplier
Value Addition Presence
Landscape
Status Quo Industry 4.0
Impact Time
Frame: 3-5 Years
Key Features of Open Innovation Platform
Data Collection Data Storage Agility Timely Actions Standardization
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Three Possible Diversification Opportunities
Diversification through merger and acquisition (M&A) activities will be the key initiative of
metrology companies over the next 3-5 years.
1
Metrology Market
• Carl Zeiss acquired
Steinbichler Optotechnik
gmbH
• Perceptron acquired
Coord3
• Quality Vision International
acquired ShapeGrabber

Three Possible 2 Adjacent Markets
Diversification • Ametek acquired
Amptek,Inc
Opportunities for
• Olympus NDT acquired
Metrology
Innov-X Systems Inc.,
Companies

3
New Markets
• Marposs acquired
Millennium Automation
• Hexagon Manufacturing
Intelligence establishes
strategic alliance with INOS
Automation
• TKH Group acquired LMI
Technologies
8
Industrial Internet—
Measure, Think, and Act
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Digitization of Industrial Measurement Throughout the
Supply Chain
Revenues from ERP software will surpass the hardware revenues over the next 5-8 years.
OEMs
Suppliers
Permanent monitoring throughout
the product’s life cycle
Inspect the manufactured
components
Share the quality inspection
data with the prospective
buyer
If the OEM is satisfied with the quality Integrate RFID/ Sensors along
inspection data, then the supplier can ship the with shipment carriage to
components to OEM. monitor the components during
transportation
End Users
Permanent monitoring will help manufacturers design
Establish process and
Centralized global data for effective root cause analysis, corrective and preventive
quality inspection
future references strategies, and help manufacturers achieve the utopian
throughout the supply chain
vision of ‘Zero errors in Manufacturing’.
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