MCADCafe Industry Predictions for 2019 – MasterCAM

The global manufacturing business climate remains very encouraging. Based on our observations, we were expecting that the manufacturing sector would be a little stronger in the first half of 2018 than in the second. This played out as expected until the very end of 2018 when we saw a significant spike in multiple manufacturing sectors. That strong year-end growth has also driven an excellent beginning to 2019.

Manufacturing in the U.S. continues to strengthen, and general global manufacturing growth continues into this year with some extremely exciting hotspots. We’re expecting additional growth in the aerospace sector, as well as rapid expansion of machines and software that encourages fast, efficient machining with fewer setups. Multitasking centers and advanced multiaxis machines are two examples that we expect will become even more popular throughout the year.

It’s also interesting to take a step back and look at the manufacturing output for the last decade. We saw the beginnings of a steep decline in 2008 and hit and alarming valley in early 2009, with the financial crisis in full swing. Manufacturing, and everything that supplies it, took an enormous dip. Since the end of 2009 until today, however, we’ve seen slow, steady growth in manufacturing output. This pattern of growth has brought machine tool manufacturers, software suppliers, shops, and machinists along with it. It’s exciting that everyone – us, you, your readers – all can benefit as part of an industry that’s proven to be the backbone of economic recovery.

Tags: Industry Predictions

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