-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current Issue
Spotlight on North America
A North America spotlight exploring tariffs, reshoring, AI demand, and supply chain challenges. Plus, insights on cybersecurity, workforce development, and the evolving role of U.S. electronics manufacturing.
Wire Harness Solutions
Explore what’s shaping wire harness manufacturing, and how new solutions are helping companies streamline operations and better support EMS providers. Take a closer look at what’s driving the shift.
Spotlight on Europe
As Europe’s defense priorities grow and supply chains are reassessed, industry and policymakers are pushing to rebuild regional capability. This issue explores how Europe is reshaping its electronics ecosystem for a more resilient future.
- Articles
- Columns
- Links
- Media kit
||| MENU - smt007 Magazine
Global Market for Flexible Manufacturing Systems Set to Surge to $22.2 Billion by 2030
March 2, 2026 | GlobeNewswireEstimated reading time: 1 minute
According to the latest study from BCC Research, “Global Market for Flexible Manufacturing Systems” is expected to increase from $15.2 billion in 2025 to $22.2 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.9% from 2025 through 2030.
The report provides an in-depth analysis of the global market for flexible manufacturing systems, covering the regions of North America, Europe, Asia-Pacific, and the Rest of the World, which includes South America, the Middle East, and Africa. It segments the market by region, level of flexibility, component, and industry, using 2024 as the base year and offering forecasts for 2025-2030. This segmentation helps identify growth opportunities and regional trends shaping the market.
Additionally, the report explores the drivers, challenges, and emerging technologies influencing the market. It examines the vendor landscape, relevant patents, and ESG initiatives undertaken by leading companies, highlighting sustainability and governance practices. Company profiles of major players provide insights into competitive strategies, making this report a valuable resource for understanding market dynamics and future developments.
The factors driving the market include:
Demand for Customized Products in Manufacturing: Consumers increasingly want personalized products, which requires manufacturers to adapt quickly to changing designs and specifications. Flexible manufacturing systems (FMS) enable rapid adjustments without major cost or time increases, making customization feasible at scale.
Advances in Manufacturing Technology: Technologies like automation, robotics, IoT, and AI have enhanced production capabilities. These innovations make FMS more efficient, precise, and cost-effective, encouraging industries to adopt flexible systems for complex and varied tasks.
Need for More Production Efficiency and Reduced Lead Times: Global competition demands faster delivery and lower costs. FMS improves efficiency through quick changeovers, minimal downtime, and optimized resource use, significantly reducing lead times and boosting productivity.
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
EMAC Returns with Bright Electronics Manufacturing Challenge 2026
04/30/2026 | SMTAThe Electronics Manufacturing & Assembly Collaborative (EMAC) has announced the return of the Bright Electronics Manufacturing Challenge 2026, an immersive, hands-on student competition that puts real electronics manufacturing experience into the hands of the next generation of engineers.
Zhen Ding, Tsinghua University Launch Phase II R&D and Digital Transformation Program
04/30/2026 | Zhen DingZhen Ding Technology Holding Limited, a global leader in the PCB industry, held the launch ceremony for the Phase II (2026-2030) Industry-Academia Collaboration Program of the Zhen Ding-Tsinghua Joint Research Center at the Zhen Ding Technology Lecture Hall on the Tsinghua University campus.
SCHMID Launches 'Any Layer ET' for Panel-Level Advances Packaging, to Present at ECTC 2026
04/30/2026 | SCHMID GroupSCHMID Group, a global leader in advanced manufacturing solutions for the electronics and semiconductor industries, is advancing next-generation substrate manufacturing with its proprietary Any Layer ET (Embedded Trace) Process for full panel-level Advanced Packaging.
Hon Hai, Mitsubishi Electric Exploring Automotive Equipment Business in MOU
04/29/2026 | Hon Hai Precision Industry Co., Ltd.Hon Hai Precision Industry Co. Ltd. (Foxconn) and Mitsubishi Electric Corporation have signed a Memorandum of Understanding to explore a strategic alliance through joint operation of the automotive equipment business.
SEMIEXPO Heartland 2026 Highlights Automotive Electronics and Smart Manufacturing Innovation
04/29/2026 | SEMIThe second edition of SEMIEXPO Heartland opens this week, April 29-30 at the Detroit Marriot at the Renaissance Center in Detroit, Michigan, centered around smart manufacturing, automotive electronics, and workforce development.