Manufacturing industry in Mexico will invest 3.5 billion dollars in technology in 2022

The manufacturing industry in Mexico will invest 3.5 billion dollars in technology in 2022, according to data from the Technology Association for Manufacturinga (AMT). This investment means that the consumption and implementation of technology for manufacturing in Mexico returns next year to the levels it had in 2019, before the pandemic.

Robotization, machining or extractive manufacturing, metal forming and equipment repowering are the areas with the highest technological consumption in the manufacturing industry in Mexico. The growth in investment in this type of technology will occur despite the problems caused by the health emergency caused by Covid-19 in manufacturing supply chains.

While the auto industry has been among the hardest hit by the chip (integrated circuit) shortage, this supply chain problem will last for at least another six months and has already started to affect other manufacturing industries, according to Carlos Mortera, director for Latin America of the Association of Technology for Manufacturing (GOVERNMENT OFFICE).

Mortera recommends to the metalworking entrepreneurs of Mexico that if they observe an increase in the demand for their products, they should take into account that the machinery and equipment industry, that is, the one that generates technology for the manufacturing industry, lengthened their delivery times. Therefore, it is necessary to consider delivery times greater than those that the market is used to.

Consumption in the United States grew by over 30% and this is another variable affecting the supply chain of technology for manufacturing ”, said Mortera in an interview.

Industry 4.0, with interest but slow

The manufacturing industry in Mexico shows interest in the so-called industry 4.0, that is, one that includes in its production processes advanced technologies such as robotization, artificial intelligence and the analysis of large volumes of data, 3d printing or additive manufacturing, reality augmented and the internet of things (IoT), but its adoption is slow, according to the AMT.

“The large original equipment manufacturers (OEM) and their direct suppliers in Mexico or Tier 1 companies in the chain are adopting industry 4.0 technologies but the pandemic limited their incorporation,” said Mortera.

The association’s executive said that for this reason, manufacturing companies and organizations such as AMT resort to platforms such as the International Technology and Manufacturing Fair (FITMA), which will take place from January 18 to 22, 2022 in Mexico City.

According Eduardo Tovar, Editorial Director of Gardner Business Media, the organizer of the fair, manufacturers will be able to find at this fair from basic cutting tools to complex manufacturing systems ranging from software for design, automation equipment, collaborative robots and equipment for the production of metal parts.

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Reference-www.eleconomista.com.mx

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