The Indian Auto Component Market and the opportunity for Robotics & Automation

SAM D. MATHEWS | January 23, 2018

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This data points to robust demand, rising indigenization, export opportunities, competitive advantages, recent policy support and above all- a growing Automobile Industry. To add, the projection we see in the Indian auto component aftermarket is expected to grow at 10.5 percent to touch US$ 13 billion by 2019-20, as compared to US$ 8.4 billion in  2016-17.

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Southco, Inc.

Southco has a dynamic history of growth and transformation spanning three centuries. The company was founded in 1899, as a specialty pipe manufacturer for the burgeoning Pennsylvania oil industry. In 1945, Southco, Inc. was created with the entry into the specialty fastener and latch business. Over the past 70 years, we have transformed and grown through innovation, strategic acquisitions and overseas investments into a global leader in Engineered Access Hardware.

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ENGINEERING TECH

How Precast is Leading Digitalization in Construction

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Experts from the construction industry predict a bright future for precast elements: the average annual growth rate of the global precast concrete industry is expected to be 5.3% between 2021 and 2028. In 2020, the precast concrete market was valued at around USD 92.14 billion and is anticipated to grow to over USD 139.33 billion in 2028[1]. However, the average growth rate of the construction industry as a whole is expected to be just 3.2% annually according to the Global Construction Report. Why industrialized construction in particular is growing faster than the rest of the construction industry can be explained by the numerous advantages of this technology.

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ENGINEERING TECH

The Efficiency of BIM for Bridges

Article | July 14, 2021

When the Tamina Bridge in the Swiss Alps was first proposed, the engineers were uncertain how they would create a bridge that spanned two different heights at each end of the valley, at a height of 220m (772 feet) above ground. Yet despite these challenges, the bridge was completed a year ahead of schedule in just four years – mainly due to the efficiencies that Building Information Modelling (BIM) provided. While the name may inadvertently imply that only buildings can benefit, BIM offers a host of advantages when designing and building bridges as well.

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ENGINEERING TECH

Why infrastructure policies need engineers' 'bigger picture' view

Article | July 6, 2021

One way or another, we all work on infrastructure; whether design, construction, operation or maintenance. We solve problems and make things work – often without the public realising the complexity of our task. We sit in the background and don’t make waves. We are good at the technical challenges, but how often do we take a step back and think about how our work or project fits into the ambitions of wider society? Who is commissioning it? Why are they commissioning it? What are the political drivers? What do they want the outcome to be? What has changed since we started work on it? This sort of questioning will help us deliver better projects, as we see the bigger picture, beyond our technical solutions. With so much of our infrastructure delivered through public bodies, it is important that civil engineers understand, and give professional advice to, the political process that drives infrastructure investment for our communities.

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ENGINEERING TECH

Infrastructure Policy Watch: UK government reviews road and rail development policy

Article | July 27, 2021

The UK’s Secretary of State for Transport, Grant Shapps MP, has announced a full review of the National Policy Statement (NPS) for national networks covering major roads and rail. NPSs outline the UK government’s strategic policy intent for infrastructure development and are used as part of the planning system to determine if a proposed project should be granted development consent. The review aims to bring the national networks NPS in line with commitments to achieve net-zero emissions by 2050. The secretary of state said: "The current National policy statement (NPS) on national networks, the government’s statement of strategic planning policy for major road and rail schemes, was written in 2014 – before the government’s legal commitment to net zero, the 10-point plan for a green industrial revolution, the new sixth carbon budget and most directly the new, more ambitious policies outlined in the transport decarbonisation plan."

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Spotlight

Southco, Inc.

Southco has a dynamic history of growth and transformation spanning three centuries. The company was founded in 1899, as a specialty pipe manufacturer for the burgeoning Pennsylvania oil industry. In 1945, Southco, Inc. was created with the entry into the specialty fastener and latch business. Over the past 70 years, we have transformed and grown through innovation, strategic acquisitions and overseas investments into a global leader in Engineered Access Hardware.

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