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Can the US create high-tech manufacturing jobs?
It is hard to imagine exactly how we will know who won the AI arms race. We would need a global consensus about what AI that supersedes human-level intelligence (commonly referred to as artificial general intelligence) looks like, a benchmark that is much harder to pin down than a picture of Neil Armstrong on the moon. Whatever the case, industry and government officials at the SelectUSA Investment Summit agreed: the US wants, needs, to be first. A crucial part of winning the AI race in the US involves creating a high-tech manufacturing industry that will build the thousands of chips and data centres needed to power this technology. The creation of such an industry is aligned with one of the Trump administration's main goals: bringing manufacturing jobs back to the US. However, delegates at the SelectUSA Investment Summit made it clear that this was not an easy task and that the lack of a trained labour force is one of the main obstacles they face. How will the US address its skilled labour shortfall in order to power its AI ambitions? Since 1997, 'the US lost around five million manufacturing jobs', US Labor Secretary Lori Chavez-DeRemer told an audience at the summit. 'Nearly 100,000 factories closed, and we experienced one of the largest drops in manufacturing employment in history.' However, that was all about to change, Chavez said. 'From manufacturing to mining and technology to transportation, our industries are coming back to life because President Trump has sent a clear message: America is open for business.' Much of President Trump's tariff regime, despite the actual consequences it has had so far, has been justified through this goal. Manufacturing jobs left the US when the world embraced globalisation, and the president argues that high tariffs will force companies to build locally, and therefore bring those jobs back to the US. For this, he has received support from unlikely allies such as United Auto Workers President Shawn Fain and the Brotherhood of Teamsters (one of the US' biggest unions). At SelectUSA, state governors from both parties and industry leaders also made it clear that they supported increasing manufacturing with AI integration at its core. Siemens CEO Barbara Humpton said the technological advances in manufacturing reflected an "AI industrial revolution". "There are still old notions of what manufacturing looks like. That it is hot and hard and dirty work, but it is cutting-edge technology," Michigan Governor Gretchen Whitmer said about her state, traditionally the home of US auto manufacturing. There are various objectives at play. There is the political goal of bringing back manufacturing and the industry goal of making these processes more efficient through AI integration. Underpinning both of these is the need to develop a high-tech manufacturing sector that can sustain it all. Developing sensitive technology independently from China seems to be a national security issue everyone can get behind. Since 2020, the US has attracted more than $540bn in semiconductor supply chain investments. The CHIPS and Science Act, passed in 2022, has been a major factor for domestic and foreign companies giving grants, subsidies and other incentives to develop the sector. The CHIPS Act is the first major piece of industrial policy the US has passed since the 1950s. It is a notable effort in a country that is not accustomed to long-term planning. However, it means that the US is catching up with other countries that have spent decades developing a workforce with the necessary skills. Taiwanese companies such as TSMC have been a major source of investment since the passing of the CHIPS Act; the company says its total investment in the US will reach $165bn (T$4.93trn). Even with this policy, however, the US may not necessarily have been an economically logical place for it to build semiconductors. The security guarantee that the US provides for Taiwan also played a role in attracting companies that might have otherwise produced more locally. 'I am not sure that purely on the economics, the US would be a very good bet, even with incentives for building leading-edge fab custody, mostly because of the workforce. We just don't have a tradition of this highly consequential workforce that you really need for the most advanced chip manufacturing,' W. Patrick Wilson, vice-president of government relations at Taiwanese chip company MediaTek, told Investment Monitor. 'We always understood that another component of it was deepening the US-Taiwan partnership.' Whatever the confluence of factors that has led to vast investment in the semiconductor industry, it has meant that foreign companies are now taking on the challenge of building the necessary workforce. The Semiconductor Industry Association predicts a deficit of 67,000 workers within the country's semiconductor industry by 2030. According to GlobalData Strategic Intelligence principal analyst Isabel Al-Dhahir, this gap "is likely to affect not just domestic chip production but also adjacent industries such as data centre construction, potentially resulting in delays and escalating costs'. At the SelectUSA summit, the need for the US to upskill workers was widely acknowledged by both economic development organisations and businesses with major investments in the US. One official who is part of the Tech Hubs Programme, highlighted that in her city, they "put industry in the room first" and asked them "what are your needs for your workforce today? What are they tomorrow?" These conversations happen before they contact technical colleges to work together to develop curricula. Representatives from US and Taiwanese semiconductor companies also expressed frustrations about the skilled labour shortage, particularly as the rise of automation changes the qualifications workers need. 'The area that we really focus on for workforce development is that mid tier. Ours will be the most advanced silicon wafer facility in the world, which means that we are implementing a lot of automation. So, we will have fewer operators. Operators typically have a high school-dependent education, but we will need more technicians with that community college, two-year degree,' said Brent Omhdal, executive vice-president for government affairs at Taiwanese chip company GlobalWafers. While companies are betting that educational initiatives led by private-public partnerships will create this workforce in the long run, their time horizons do not always conform to the speed the industry wants to move at. TSMC, which announced in March that it would invest an extra $100bn to build five more fabs in the US, has already dealt with the consequences of this asymmetry. As of January 2025, half of the 2,200 workers at TSMC's Arizona plant had been brought in from Taiwan. The company realised they could not stay within budget and train a local workforce with the necessary skills on time. This caused pushback from unions, who were promised the plant would create jobs for local workers. The example underscores the difficulties of supercharging the development of an industry without a readily available workforce to match it. Barry Broome, Greater Sacramento Economic Council CEO, says he witnessed 'the destruction of the economic base of the Midwest', while working in Ohio and Michigan earlier in his career. The problem was not free trade agreements like NAFTA, he argues, it was that 'there wasn't an effort to increase US competitiveness'. When Investment Monitor asked whether the simultaneous push to reshore jobs while integrating AI and automation will bring back as many jobs as some people expect, Broome said: 'It won't.' 'I think it will bring back a lot of jobs. I mean, the fact of the matter is, we need a nationwide movement to upskill people, because you are not going to make a living wage unless you are technically skilled,' Broome noted. Increased automation, while it might contribute to the growth of the industry and lower costs, would also undermine the goal of job creation. 'Trump's goals are reshoring and increasing employment in the manufacturing industry," Beatriz Valle, senior technology analyst at GlobalData, tells Investment Monitor. "Trump is cultivating ties with many Big Tech CEOs whose main goal is to grow automation and robotics, which, in some cases, may replace types of manual work, and there is a clear contradiction between these two goals." Wider economic questions also underpin the development of this workforce. Will companies invest more in automation to counteract higher operating costs in the US? What does that mean, in the long term, for the number of jobs that will be created? And, more importantly, will the US be able to pursue all these goals with enough speed to win the global AI race? "Can the US create high-tech manufacturing jobs?" was originally created and published by Investment Monitor, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Washington Post
a day ago
- Business
- Washington Post
Post Next: Siemens CEO Barbara Humpton on the 'fourth industrial revolution'
Post Next: Siemens CEO Barbara Humpton on the 'fourth industrial revolution' During Washington Post Live's 'Post Next: Manufacturing' event on Thursday, May 15, 2025, The Post's David J. Lynch spoke with Barbara Humpton, president and CEO of Siemens Corporation about the future of manufacturing and how AI could bring about what she calls the "fourth industrial revolution." Event sponsored by Samsung.
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Industrial Communication Market, 2030 by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector, Power Device
The global industrial communication market is set to expand from USD 20.45 billion in 2025 to USD 26.06 billion by 2030, with a CAGR of 5.0%. Growth is fueled by SCADA and PLCs integration, digital twin technology, machine-to-machine communication, and smart grid tech. The PROFINET segment is expected to lead the industrial Ethernet market due to scalability and real-time performance. The WLAN segment will witness the fastest CAGR in wireless communication, driven by smart manufacturing demands. India will display the highest growth rate due to industrialization and initiatives like Make in India. Key players include Cisco, Siemens, OMRON, and others. Industrial Communication Market Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "Industrial Communication Market by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector and Power Supply Device - Global Forecast to 2030" has been added to offering. The global industrial communication market is on a trajectory to expand from USD 20.45 billion in 2025 to USD 26.06 billion by 2030, reflecting a CAGR of 5.0% The market is stimulated by financial incentives promoting SCADA and PLC adoption in manufacturing, the incorporation of smart grid technologies in the energy sector, and the convergence of digital twin technology with industrial AI. Concurrently, increasing machine-to-machine communication demand is set to optimize industrial efficiency and automation technologies. Key market players include Cisco Systems, Inc. (US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China), Rockwell Automation (US), Moxa Inc. (Taiwan), Belden Inc. (US), and ABB (Switzerland). PROFINET Segment Lead in Industrial Ethernet The PROFINET segment is expected to lead the industrial Ethernet market from 2025 to 2030, due to its scalability, real-time performance, and robust support from leading automation suppliers, particularly in Europe. Known for managing both standard and critical industrial applications, PROFINET supports high-speed data transfer and open network topologies, making it competitive against other protocols. The wide acceptance of PROFINET confirms its position as the premier choice for industrial Ethernet solutions. WLAN Segment to Achieve Fastest Growth in Wireless Communication The WLAN segment is set to grow at the highest rate in the wireless industrial communication market, driven by the escalating demand for wireless, flexible, and scalable communications in smart manufacturing. WLAN enables wireless communication in environments constrained by physical space through technologies like private wireless networks and Wi-Fi 6, supporting real-time data exchange, rapid deployment, and high device density. India Poised for Significant Growth India is projected to register the highest CAGR in the industrial communication market during the forecast period. Factors contributing to this growth include accelerating industrialization, government initiatives such as Make in India and Digital India, and increased automation in sectors like manufacturing, energy, and transportation. The burgeoning industrial base and demand for sophisticated communication infrastructure are crucial growth drivers. Research Coverage This report categorizes the market based on offerings (components, software, services), communication protocols, industries, and regions. The report details major drivers, restraints, and opportunities in the market, projecting trends until 2030. Furthermore, it includes an analysis of key companies in the industrial communication ecosystem. Key Attributes: Report Attribute Details No. of Pages 363 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $20.45 Billion Forecasted Market Value (USD) by 2030 $26.06 Billion Compound Annual Growth Rate 5.0% Regions Covered Global Key Topics Covered: Market Dynamics Drivers Surging Adoption of Industry 4.0 Convergence of Industrial Ai and Digital Twin Technologies Deployment of Smart Grid Technologies in Energy Sector Rising Preference for Machine-to-Machine Communication to Optimize Industrial Efficiency and Automation Implementation of Incentive Programs to Integrate Plcs and Scada Into Manufacturing Sectors Deployment of 5G Technology in Automotive, Construction, and Manufacturing Sectors Restraints Lack of Standardization in Industrial Communication Protocols and Interfaces Opportunities Enhanced Smart Manufacturing and Digital Transformation With Evolution of 5G Technology Accelerating Adoption of Wireless Networks Across Industrial Sectors Challenges Vulnerability to Targeted Malware, Ransomware, and Hacking Attempts Challenges Associated With Exposure of Equipment to Harsh Conditions Case Study Analysis Moxa Helped Pea Standardize and Simplify Infrastructure Using Moxa Iec 61850 Prp/Hsr Faloria Implemented Cisco Ultra-Reliable Wireless Backhaul Solution and Securitytrust'S Cable Car 4.0 System for Robust and Secure Communication Automotive Inspection Center Leveraged Advantech'S Wise-Paas End-to-Cloud Iot Total Solution for Remote Video Surveillance and Device Status Monitoring Optima Control Solutions Deployed Rockwell Automation'S Allen-Bradley Controllogix and Scada Systems to Improve Operational Efficiency and System Reliability Company Profiles Cisco Systems, Inc. Siemens Rockwell Automation Omron Corporation Huawei Technologies Co., Ltd. Moxa Inc. Sick Ag Schneider Electric Abb Belden Inc. Ge Grid Solutions, Llc Advantech Co., Ltd. Ifm Electronic Gmbh Fanuc Corporation Bosch Rexroth Ag Aaeon Technology Inc. Hms Networks Honeywell International Inc. Mitsubishi Electric Corporation Telefonaktiebolaget Lm Ericsson Hans Turck Gmbh & Co. Kg Acs Motion Control Eaton Beckhoff Automation Hitachi, Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Industrial Communication Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
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Industrial Communication Market, 2030 by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector, Power Device
The global industrial communication market is set to expand from USD 20.45 billion in 2025 to USD 26.06 billion by 2030, with a CAGR of 5.0%. Growth is fueled by SCADA and PLCs integration, digital twin technology, machine-to-machine communication, and smart grid tech. The PROFINET segment is expected to lead the industrial Ethernet market due to scalability and real-time performance. The WLAN segment will witness the fastest CAGR in wireless communication, driven by smart manufacturing demands. India will display the highest growth rate due to industrialization and initiatives like Make in India. Key players include Cisco, Siemens, OMRON, and others. Industrial Communication Market Dublin, May 30, 2025 (GLOBE NEWSWIRE) -- The "Industrial Communication Market by Fieldbus, Industrial Ethernet, Wireless, IO-Link, Router & WAP, Switch, Gateway, Communication Interface & Converter, Controller & Connector and Power Supply Device - Global Forecast to 2030" has been added to offering. The global industrial communication market is on a trajectory to expand from USD 20.45 billion in 2025 to USD 26.06 billion by 2030, reflecting a CAGR of 5.0% The market is stimulated by financial incentives promoting SCADA and PLC adoption in manufacturing, the incorporation of smart grid technologies in the energy sector, and the convergence of digital twin technology with industrial AI. Concurrently, increasing machine-to-machine communication demand is set to optimize industrial efficiency and automation technologies. Key market players include Cisco Systems, Inc. (US), Siemens (Germany), OMRON Corporation (Japan), Huawei Technologies Co., Ltd. (China), Rockwell Automation (US), Moxa Inc. (Taiwan), Belden Inc. (US), and ABB (Switzerland). PROFINET Segment Lead in Industrial Ethernet The PROFINET segment is expected to lead the industrial Ethernet market from 2025 to 2030, due to its scalability, real-time performance, and robust support from leading automation suppliers, particularly in Europe. Known for managing both standard and critical industrial applications, PROFINET supports high-speed data transfer and open network topologies, making it competitive against other protocols. The wide acceptance of PROFINET confirms its position as the premier choice for industrial Ethernet solutions. WLAN Segment to Achieve Fastest Growth in Wireless Communication The WLAN segment is set to grow at the highest rate in the wireless industrial communication market, driven by the escalating demand for wireless, flexible, and scalable communications in smart manufacturing. WLAN enables wireless communication in environments constrained by physical space through technologies like private wireless networks and Wi-Fi 6, supporting real-time data exchange, rapid deployment, and high device density. India Poised for Significant Growth India is projected to register the highest CAGR in the industrial communication market during the forecast period. Factors contributing to this growth include accelerating industrialization, government initiatives such as Make in India and Digital India, and increased automation in sectors like manufacturing, energy, and transportation. The burgeoning industrial base and demand for sophisticated communication infrastructure are crucial growth drivers. Research Coverage This report categorizes the market based on offerings (components, software, services), communication protocols, industries, and regions. The report details major drivers, restraints, and opportunities in the market, projecting trends until 2030. Furthermore, it includes an analysis of key companies in the industrial communication ecosystem. Key Attributes: Report Attribute Details No. of Pages 363 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $20.45 Billion Forecasted Market Value (USD) by 2030 $26.06 Billion Compound Annual Growth Rate 5.0% Regions Covered Global Key Topics Covered: Market Dynamics Drivers Surging Adoption of Industry 4.0 Convergence of Industrial Ai and Digital Twin Technologies Deployment of Smart Grid Technologies in Energy Sector Rising Preference for Machine-to-Machine Communication to Optimize Industrial Efficiency and Automation Implementation of Incentive Programs to Integrate Plcs and Scada Into Manufacturing Sectors Deployment of 5G Technology in Automotive, Construction, and Manufacturing Sectors Restraints Lack of Standardization in Industrial Communication Protocols and Interfaces Opportunities Enhanced Smart Manufacturing and Digital Transformation With Evolution of 5G Technology Accelerating Adoption of Wireless Networks Across Industrial Sectors Challenges Vulnerability to Targeted Malware, Ransomware, and Hacking Attempts Challenges Associated With Exposure of Equipment to Harsh Conditions Case Study Analysis Moxa Helped Pea Standardize and Simplify Infrastructure Using Moxa Iec 61850 Prp/Hsr Faloria Implemented Cisco Ultra-Reliable Wireless Backhaul Solution and Securitytrust'S Cable Car 4.0 System for Robust and Secure Communication Automotive Inspection Center Leveraged Advantech'S Wise-Paas End-to-Cloud Iot Total Solution for Remote Video Surveillance and Device Status Monitoring Optima Control Solutions Deployed Rockwell Automation'S Allen-Bradley Controllogix and Scada Systems to Improve Operational Efficiency and System Reliability Company Profiles Cisco Systems, Inc. Siemens Rockwell Automation Omron Corporation Huawei Technologies Co., Ltd. Moxa Inc. Sick Ag Schneider Electric Abb Belden Inc. Ge Grid Solutions, Llc Advantech Co., Ltd. Ifm Electronic Gmbh Fanuc Corporation Bosch Rexroth Ag Aaeon Technology Inc. Hms Networks Honeywell International Inc. Mitsubishi Electric Corporation Telefonaktiebolaget Lm Ericsson Hans Turck Gmbh & Co. Kg Acs Motion Control Eaton Beckhoff Automation Hitachi, Ltd. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Industrial Communication Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Trump administration took action against China due to frustration on trade talks, officials say
The flurry of punitive measures taken against China by the Trump administration over the last few days was prompted by a belief among US officials that China has failed to live up to commitments it made in trade talks earlier this month, three administration officials told CNN. This week the administration made moves to revoke visas for Chinese students and suspend the sale of some critical technology to Chinese companies. The officials said they are frustrated that China failed to follow through on the commitments that were meant to deescalate the trade conflict between the two countries, as they seek an overall deal by the middle of August. The dispute underscores the highly fraught relationship between the world's two largest economies. Even as the two sides emerged from the talks in Switzerland having agreed to reduce the withering tariffs introduced by President Donald Trump, the gulf appears to be widening on supply chains that each nation believes are critical to national security. After the talks in Geneva this month — the first substantive meeting on trade since Trump imposed the tariffs — US officials had expected China to ease export restrictions of rare earth minerals, which are an essential part of everything from iPhones and electric vehicles to big-ticket weapons like F-35 fighter jets and missile systems. But the restrictions haven't been lifted, causing intense displeasure inside the Trump administration and prompting the recent series of costs imposed on China, the three administration officials said. The decisions in Washington to limit critical technology sales to China and restrict the number of Chinese students studying in the US reveals just how central the trade war is to the administration's overall foreign policy towards China. It is a 'unified administration strategy,' said one senior administration official in describing the connective tissue. The actions taken in the last week will have a significant impact on Chinese tech companies and students. The Financial Times reported on Wednesday that Trump had effectively cut off some American companies from selling software used to design semiconductors to China. A Siemens spokesperson later told CNN that the US government on Friday informed the industry about new export controls on chip designing software to China and Chinese military end users globally. Just days later Secretary of State Marco Rubio said that the Trump administration will 'aggressively revoke visas for Chinese students,' including those with connections to the Chinese Communist Party or studying in critical fields. 'On day one, the President signed an Executive Order directing the Secretary of State to enhance federal screening and vetting of aliens coming to the United States, including visa holders. The Secretary made this decision in the Administration's ongoing effort to protect our homeland from espionage and other hostile actions,' said White House press secretary Karoline Leavitt. Treasury Secretary Scott Bessent, who Trump tapped to lead the talks and run point on the bilateral relationship, has highlighted the importance of the process the Geneva talks put into place for negotiations to take place in the months ahead. But he has stressed the value of the 'mechanism' established between the US and Chinese sides to prevent future escalations that would derail future talks or any eventual outcome. Bessent, who led the Geneva talks with US Trade Representative Jamieson Greer, has maintained a focus on a functioning relationship and has said a second in-person meeting between the two sides is likely in the future. But Bessent has also calibrated his public comments to make clear the US has no plans to slow or stop a strategic effort to decouple from China on supply chains deemed critical to US national security. 'I would say that they are a bit stalled,' Bessent said of the China talks Thursday on Fox News. 'I believe that we will be having more talks with them in the next few weeks. And I believe we may, at some point, have a call between the president and party chair Xi (Jinping).' 'I think that given the magnitude of the talks, given the complexity, that this is going to require both leaders to weigh in with each other,' Bessent said. Growing concern within the administration in the leadup to the talks over China's moves to cut off access to rare earth minerals sparked a wide-ranging effort behind the scenes to find potential workarounds, officials said. That effort, which included officials from several agencies and the West Wing, wasn't halted after the trade talks and remains a focus. But there was a view that the immediate pressure would ease as a result of the agreement reflected in the joint statement. When that did not happen, the US began to think about ways to impose costs on China. US officials said they were not concerned about the one-two hit derailing the future of the US-China trade talks. Instead, officials are looking to make clear that not effectively engaging in the ongoing trade talks comes with consequences for the country. 'It is clearly an escalation. But if you look at what Trump does when he thinks he is getting close to securing a deal, and it's not there yet, he tries to elevate the rhetoric. They think that elevated rhetoric and action will move a deal faster,' said one person close to the White House. There were signs that Beijing was initially caught off guard by the visa announcement. For much of Thursday, China's state-controlled media remained largely silent on the news that will significantly impact the fate of hundreds of thousands of Chinese students. Then China's foreign ministry spokesperson came out calling the move 'politically motivated and discriminatory.' Any path towards steadying the relationship across the board remains uncertain. 'The Geneva agreement was a major first step towards securing a final, comprehensive trade deal with China,' White House spokesman Kush Desai said in a statement. 'Discussions continue, and the Administration is monitoring compliance with the agreement.' It isn't clear when the next round of trade talks between the US and China will take place. And despite saying for weeks he would talk soon with President Xi Jinping, Trump and the Chinese leader have not yet spoken amid the trade conflict.
