Industry 5.0: The Future of the Industrial Economy

Length: 152 pages
Edition: 1
Language: English
Publisher: CRC Press
Publication Date: 2021-12-13
ISBN-10: 1032041277
ISBN-13: 9781032041278
Sales Rank: #0 (See Top 100 Books)

Technology has created innovative new prospects for manufacturing industries with Industry 4.0 and has helped further the growth of the manufacturing sector. This book focuses on the next stage which is Industry 5.0 and the steps in taking automation to that next level by increasing processes, operational efficiency, and reducing workforce size.

Industry 5.0: The Future of the Industrial Economy discusses the integration of product, process, machine, software, and industrial robots in realizing Industrial 5.0. It covers the dual integration of human intelligence with machine intelligence and talks about the results of making use of Industrial Internet of Things (IIoT) and Artificial Intelligence (AI). The creation of a new category of robots named Collaborative Robots (Cobots) specifically designed to speed up the manufacturing process and profitability is explored. The book also provides how to reduce waste in product design through the manufacturing process and offers more personalized and customized products for customers.

Manufacturing, design, industrial and mechanical engineers, as well as practicing professionals will find this book of interest. Management executives, CIO, CEO, IT professionals, and academics, will also find something of value in this book that takes Industry 4.0 to Industry 5.0 and beyond.

Cover
Half Title
Title Page
Copyright Page
Dedication
Table of Contents
Preface
Acknowledgments
Author
List of Figures
Abbreviations
Chapter 1 Industrial Transformation
	Business Transformation
	Key Elements of Business Transformation
		Organization Transformation
		Business Process Transformation
		Technology Transformation
		Industrial Transformation
	Transformation in Industrial Manufacturing
	Future Industrial Transformation
	Summary
	Bibliography
Chapter 2 Engineering and Manufacturing Transformation
	Process Automation
		Engineering Process Automation
		Manufacturing Process Automation
		Business Process Automation
		Robotic Process Automation
			Practice of RPA in Supply Chain
		Digital Process Automation
		Intelligent Process Automation
	Necessity for Process Automation
	Process Transformation
	Process Automation to Process Transformation
		Challenges to Incur
		Value Drivers of Process Transformation
	Summary
	Bibliography
Chapter 3 Technological Innovations of Industrial Revolution 3.0 to 5.0
	Industrial Revolution
		First Industrial Revolution
		Second Industrial Revolution
		Third Industrial Revolution
		Programmable Logic Controller
		SCADA
		Industrial Robots
	Fourth Industrial Revolution
		Internet of Things
		Industrial Internet of Things
		3D Printing
		Augmented Reality
		Data Analytics
		Simulation
	Fifth Industrial Revolution
		Collaborative Robots
		Artificial Intelligence
		4D Printing
	Challenges of Industry 5.0
	Benefits of Industry 5.0
	Summary
	Bibliography
Chapter 4 Transformation in Automotive Sector
	Process Revolutions
		Six Sigma
		Toyota Production System
		Lean Manufacturing
		World-Class Manufacturing
	Business Necessity for Process Transformation
	Process Transformation Revolutions
		Implementing PLM for SMEs
			Business Challenge
			Precondition
			Approach
			Result
		Implementing Process Control System (PLC, SCADA) for SMEs
			Business Challenge
			Precondition
			Approach
			Result
		Heat Treatment Process
			Business Challenges
			Precondition
			Approach
			Result
	Predictive Maintenance in Heat Treatment Process
	Additive Manufacturing
	Virtual Reality and Augment Reality
	Quality Standards
	Business Challenges in Process Transformation
	Bridging Process Revolution to Process Transformation
	Summary
	Bibliography
Chapter 5 Transformation in Hi-Tech Electronics Industrial Sector
	Trail toward Digital Ecosystem
	Process Automation Revolutions
		Electronic Design Automation
		Failure Process Analysis
		Transformation in PCBA Process
		PLM for PCB Design
			Business Challenge
			Precondition
			Approach
			Result
		Quality Assurance
		Industrial Robots
	Process Transformation Revolutions
		Simulation
		Augment Reality
		Additive Manufacturing
		Robotic Process Automation
		Process Standardization of SMT
		Cobots
		Artificial Intelligence
	Business Challenges of Process Transformation
	Bridging Process Automation to Process Transformation
		Sustainable Design through Manufacturing
	Summary
	Bibliography
Chapter 6 Transformation in Process and Industrial Manufacturing Sectors
	Solar Photovoltaic (PV) Industry
		Process Automation and Transformation in Solar Energy Sector
			Automation in Solar Power Plant
			3D-Printed S olar Panels
			RPA-Enhanced Solar Energy Sector
			Incorporating AR in Solar Energy Sector
		Impact of IoT on Compact Linear Fresnel Ree fl ctor (CLFR)
		SMART Solar Power Plant
			AI Application in Solar Energy Sector
	Extrusion Process Industry
		Process Automation Potentials
		Process Automation to Transformation
			Simulation in Optimizing Process Flow
			AR Scope in Plastic Industry
			AM Advances Plastic Manufacturing
			Environment Management System
		Outcome of Transformation
	Ground Support Equipment in Aviation Industry
		Process Automation to Transformation
			AR/VR Improve MRO in Aviation GSE
			AM Applied in Aviation GSE
		Outcome of Transformation
	Valve Industry
		Process Automation to Transformation
			Simulation Support Valve Manufacturing Industry
			IIoT in Valve Manufacturing Industry
	Summary
	Bibliography
Chapter 7 Upgradation of Industry 4.0 to Industry 5.0
	Business Need for Industrial Transition
	Challenges in Industrial Transition
	Mitigation of Industrial Transition Challenges
	Industrial Transition Strategy Planning
		Strategy Planning—Internal Factors
		Strategy Planning—External Factors
	Business Use Case
		Business Challenge
			Precondition
			Approach
			Result
	Workplace of the Future
	Summary
Index