In the early 2010s (Inner Circle) manufacturers relied heavily on mechanical and electrical components(50%) to develop differentiated products(Equipment capacity, the complexity of circuit boards, product design). However, this trend has seen a drastic shift in the last few years(Outer Circle). There has been a major value shift towards the integration of digital technologies for optimizing production and creating interactive, data-driven products. To create smarter, agile and interactive products, technologies like AI, AR/VR and sensors are being integrated into every stage of the supply chain.