According to Morgan Stanley Research, the humanoid robotics market is projected to reach $5 trillion by 2050, with over 1 billion humanoid robots potentially in operation worldwide. This growth includes not only the robots themselves but also the expansion of supporting supply chains, maintenance, and service infrastructure.

Where do we find gears? Better yet, where don’t we find gears? Chances are any machine with a moving part will probably have a gear.

While we were at MD&M West I attended an intriguing keynote address that focused on space exploration and its potential impact on innovation here on earth. The theme of “Unlocking the Potential of Space for Innovation on Earth” explored the advancements in space technology and exploration. Space exploration can possibly benefit the manufacturing industry and drive innovation globally. The fostering of international collaboration and inspire the next generation of innovators. I had never really thought about space technology outside satellite technology and robotics.