The machinery industry is rapidly advancing toward a digital future, driven by customer demand for connected and intelligent equipment, as well as industry-specific solutions. By 2030, the market for software and integrated solutions in machinery is expected to reach $400 billion, significantly contributing to the industry’s profit pool. Three-quarters of advanced manufacturing executives identify the adoption of emerging technologies, such as artificial intelligence, as a top priority for their R&D efforts.

Recognizing that no single machinery manufacturer can develop digital solutions for every sector, industry leaders are focusing on the sectors where they excel. This digital transition is prompting machinery companies to reevaluate their production strategies while also striving to create more resilient and sustainable supply chains. Implementing circular material models can play a crucial role in this endeavor. The industry leaders of 2030 are already beginning to reshape their business models to prepare for a future characterized by rapid innovation and change. At Elaron, we integrate AI at the core of the services we deliver.