5G’s impact on manufacturing: $740Bn of benefits in 2030
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The unique benefits of 5G could unlock $740bn of value in manufacturing in 2030. This is based on models generated from 100+ interviews and surveys with senior manufacturing industry executives. What steps should operators, manufacturers and others take to achieve these benefits?
Description
Format: PDF file
Pages: 40 pages Charts: 22 Author: Dalia Adib Publication Date: October 2019Table of Contents
- Preface
- Executive Summary
- Introduction: setting the scene
- Challenges and future opportunities in the manufacturing industry
- The role of technology in addressing challenges
- Relevance of 5G in manufacturing
- What is 5G?
- Benefits of 5G for the manufacturing industry
- New and improved use cases and applications enabled by 5G
- Advanced predictive maintenance
- Precision monitoring and control
- Augmented reality and remote expert
- 5G impact: $739Bn increase in global manufacturing GDP by 2030
- It’s not just about money: 5G’s socio-economic benefits
- Next steps for the manufacturing industry
- Challenges with accessing 5G
- The manufacturing industry’s role in accelerating 5G adoption
- Conclusion
Table of Figures
- Figure 1: The four pillars of technology that will help in driving efficiency
- Figure 2: 5G’s technological capabilities and their implications for users
- Figure 3: Key benefits of 5G according to the manufacturing industry
- Figure 4: Use cases in the manufacturing industry enabled by 5G
- Figure 5: Advanced predictive maintenance mapped to 5G benefits
- Figure 6: Impact of advanced predictive maintenance on unplanned downtime relative to planned production time
- Figure 7: Benefits of advanced predictive maintenance in the manufacturing plant
- Figure 8: Using sensors to create digital twins in manufacturing
- Figure 9: Precision monitoring and control mapped to 5G benefits
- Figure 10: thyssenkrupp technicians using AR for technicians servicing elevators
- Figure 11: Augmented reality and remote expert mapped to 5G benefits
- Figure 12: Impact of 5G use cases on OEE
- Figure 13: Estimated impact of 5G on global manufacturing GDP (USD Billions) by use case
- Figure 14: Proportion of global manufacturing 5G benefit by country income level
- Figure 15: Proportion of global manufacturing 5G benefit – top 10 countries
- Figure 16: 5G impact on manufacturing GDP by region
- Figure 17: Fatal and non-fatal work injuries by industry (EU, 2016)
- Figure 18: How 5G in manufacturing benefits UN SDGs
- Figure 19: Scope of 3GPP standards releases
- Figure 20: Comparison of UK 5G roll-out target cities and the locations of automotive production facilities
- Figure 21: Telcos playing beyond connectivity
- Figure 22: Telco 5G business models
Technologies and industry terms referenced include: 5G, IoT, manufacturing, Verticals, industry, transformation, Industry 4.0