For companies in the digital manufacturing space, there's a silver lining to the dark cloud of the China trade war
. Rather, says Evans, companies are"tariff engineering" their product to reduce costs by making specific parts or assembling locally in the U.S.
For manufacturers of robotics and other industrial automation equipment, the trade war is a mixed bag. On the one hand, domestic companies are gearing up to invest more in robotics. On the other hand, China has been investing heavily in automation, and those markets may be in trouble as the trade war heats up.
For now, manufacturers are still hoping that the China-US trade war will turn out to be only a skirmish. But at some point, companies that have relied on China for their production will decide that the combination of trade tensions and new technology and new business models--what we have called the --make it more profitable to produce in the domestic market for the domestic market. And that's when the digital revolution in manufacturing will really take off.
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