Navigating Complexity in the Mechanical Components Market


Now Available On-Demand
Original Broadcast Date: September 16, 2025
Duration: 1 hour
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Summary
Key takeaways include:
- Market evolution is driven by multiple forces
- No universal solution fits all
- Industry challenges include complexity in product specs, stricter quality standards, talent shortages and cost-control pressures
- Strategic responses focus on customized applications, tech-driven differentiation beyond pricing and adapting to global market trends.
Machine Design’s multidisciplinary engineering audience knows too well that the mechanical components market is shaped not by a single breakthrough but by the interplay of multiple trends, from manufacturing advancements to increasing demands for precision and automation.
This insightful virtual event explores the current landscape of this market. Given the diversity of the companies involved—Harmonic Drive, Spirol International and SKF Group, which range widely in product portfolios and proximity to customers—there is no one-size-fits-all solution. Additionally, differences in end customers’ operating structures and digital maturity add further complexity.
This diverse and quickly changing environment presents unique challenges: complexity in product requirements, the tightening of quality standards, scarcity of skilled engineering resources and increasing pressure to innovate while controlling costs.
High-level insights and data kick off our discussion on these dynamics, and a conversation focused on how these trends translate into practical design and supply chain challenges—as well as how suppliers and engineers alike can respond effectively—ensues.
Join us as we explore customized solutions for critical applications, technology-driven differentiation beyond price competition and how global material trends are impacting component choices.
Speakers
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