4 Trends We Can Expect From The Electronics Manufacturing Industry in 2024

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For as long as we existed on this planet, we progressed as a society due to constant adapting, learning, and inventing new things. Just like how our creativity is a crucial factor in who we are today, it is us who created and shaped up our surroundings, our environment.

Every year we have some new revolutionary invention that can, if we play our cards right, change the world as we know it, and since that’s the case, every year, we are all eager to find out what new tech discovery is going to see the light of the day. If we take a glance at the past, we will realize that the idea of AI, VR, 5G, etc. was just that, an idea, only a decade ago, and before that, it was only something we can see in some Hollywood blockbuster.

Anyhow, today, all these mentioned tech innovations are a reality, and the more time we spend studying and developing them, the more they will improve. All of this is why so many people are on the edge of their seats when something new comes up or when some tech renowned and distinguished company issues some statement regarding new innovations.

So, without further ado, let’s check some trends that we can expect from the electronics manufacturing industry in 2024, and for impatient ones, you can find more info on tech-related news here.

1. 3D printing

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Prototypes for expensive products are not easy to create, and besides that, it is necessary to spend a lot of money to create one of them. With the advent of the 3D printers, this became much easier, and what is even more important, much cheaper. The whole process requires less time, and because of that, design teams have more opportunities, and they can create more than one prototype to compare them and see which one is the best.

They can also make modifications during the design, and they can test their product to know if some changes are necessary. 3D printing is also great because it is allowing on-demand manufacturing, so it is possible to print only one prototype if it is enough for the company, and there is no need for large-scale production, as was the case before.

This innovation is saving a lot of time and money for every company, especially for those that are dealing with some expensive products, and besides that, training of the employees to work with this technology does not require a lot of time, so it is something that companies should consider.

2. Virtual and augmented reality

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Yes, we already mentioned VR at the beginning of this article, but even though it is something most people are already familiar with or have at least heard about, due to too much improvement in this field, we simply needed to mention it. Namely, when people saw the first examples of how VR technology will look like, the vast majority wasn’t convinced that VR would have such an impact globally.

It advanced so much that today, it is a part of many treatments (used in psychology), practice (both military and sport-wise), education, and many more. Another trend that we can expect in the near future is closely connected to VR, and that’s AR. For many, this term is still quite new and unknown, but as many experts argue, AR is something that will mark our future.

While VR is solely based on fictional reality, AR combines the real world with the virtual one. One of the most significant reasons how and why AR became so famous is because of the game Pokemon Go, where there was a mixture of these two realities. Now, while the game was being played all over the world, experts in this field saw something else, as they saw the opportunity for people to learn new things and not only use AR for entertainment.

In just a few years, they significantly increased the AR appearance along with its many features, and today, it is already being used for medical training, but that is just the beginning as AR glasses, avatars, and AR 5G are yet to shape our perception.

3. IoT

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Internet of things is a term that refers to a ubiquitous network of internet-enabled devices that are able to connect and exchange data with each other. These devices enable the so-called Digital intelligence, which means that they are allowed to use the required data at the appropriate time without human participation, with the help of which devices can regulate their work themselves.

It is reducing the costs of the company, increasing their efficiency, and what is most important, IoT is improving data safety, so it is much easier for the companies to focus on their work. With the advent of IoT, big companies do not have problems with data storage since there is enough place for them online, and it is easy to access them at any time. In that way, even the small and medium companies can use necessary data and store them without high expenses, which makes their business much easier and also it complements the work of helpful tools like quality management systems, learn more at https://www.etq.com/product-overview/.

IoT can make proper decisions regarding the real-time information from the devices, which can be crucial for the company’s business. That is helpful because that is allowing companies to predict and avoid future difficulties, so overcoming the problems is more simple than it was in the past.

4. Domestic supplies

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Because of the COVID-19 pandemic, it is much harder to import supplies from other countries, so each company needs to adjust and use the domestic supplies to continue its work. That can be a little challenging since sometimes it is not easy to find a perfect replacement for the supply you are used to, but in these times, it is necessary.

Since the pandemic is not over, this is the trend that will last during the next year for sure, and it is necessary to accelerate reshoring in order to continue working. Relying on overseas supplies is no longer possible,  and no one can say for sure when it will be, so the best alternative is to work with available supplies and help the domestic economy.