Revolution on the factory floor: benefits of the industrial metaverse
This article first appeared in The Manufacturer
Metaverse seems to be the buzzword of 2022. The term, coined in 1992 by sci-fi novelist Neal Stephenson, represents for some the future of Internet, while for others it is merely a ‘souped-up version of virtual reality’.
Regardless of different opinions, we will need to wait at least another decade to see the full spectrum of the metaverse’s features. In the meantime, Neil Bellinger, Head of EMEA at EU Automation, explains how manufacturers could benefit from using the metaverse in the future.
The metaverse
The popularity of the metaverse shows in its market size, which reached $47.69bn in 2020 and is expected to grow at a compound annual rate of 43.3% by 2028, according to Emergen Research.
Recently, the first virtual factory set in a metaverse environment opened in South Korea where, using VR glasses, visitors can witness the manufacturing process of plastic screws and operate machines. The virtual factory can change settings such as the pressure of the injection moulding machine or the speed of the production process, without the need to shut the factory off. In the future, the factory floor might witness a revolutionary transformation from implementing the metaverse’s features.
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