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Introducing Omdia: Informa Tech launches new research powerhouse following acquisition of the majority of IHS Markit’s technology, media and telecommunications research business to connect the dots for customers across the tech industryOmdia will replace all existing brands within Informa Tech’s research businesses, including Ovum, Heavy Reading and Tractica.February 05, 2020Informa Tech today announces the forthcoming launch of a new technology research powerhouse, Omdia, on Feb. 20, 2020.
Global power generator market contracts as industry transitions from coal to gas and renewablesJanuary 27, 2020The global power generator market, which was valued at $9.6 billion in 2018, is forecasted to decline to $8.7 billion in 2023 as the industry transitions from coal to gas and renewables.
Chinese machine tool production set for marginal decline in 2019 as trade dispute cuts into downstream demandNovember 25, 2019With the first three quarters in the books, it’s apparent that China’s machine-tool market can’t avoid a downturn in 2019, as annual revenue is set to decline by a slight 0.2 percent for the year.
China surpasses US in programmable logic controller market revenueSeptember 11, 2019Mainland China in 2018 surpassed the United States to become the world’s largest sub-regional market for programmable logic controllers (PLCs), with estimated revenue of $1.7 billion in 2018.
India’s growing manufacturing sector props up industrial automation equipment demand, despite global slowdownAugust 09, 2019Despite a worldwide slowdown in the growth of the industrial automation equipment market, the strong expansion of India’s manufacturing sector is allowing the global IAE industry to remain on an expansion trajectory in 2019.
Rev Up Your Robots: Domestic Service Robots Revitalized by Intelligent Navigation Technologies, Says IHS MarkitSeptember 04, 2017The vigorous adoption of service robots is driven by performance upgrades in the appliances, especially in the domestic market.
Professional Service Robots Replacing Human Workers Around the World, IHS Markit SaysOctober 13, 2016As technology improves and as prices fall, professional service robots are increasingly doing jobs formerly handled by human workers.
Domestic Service Robots on the Rise, IHS Markit SaysAugust 31, 2016The domestic service robot market is forecast to grow at a compound annual growth rate of 17 percent, from 5 million units shipped in 2015 to more than 12 million units in 2020, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.
As Utilities Get Smarter, Smart Meter Semiconductors Rise, IHS SaysAugust 18, 2015The global market for semiconductors used in smart meters that provide two-way communications between meters and utilities will continue to expand in the coming years, providing significant growth opportunities semiconductor manufacturers. Shipments of communicating meters are forecast to reach 132 million units in 2015 and 150 million units in 2019, according to IHS Inc.
2014 Was a Banner Year for the Global Industrial Semiconductor Market, IHS SaysMay 20, 2015Worldwide industrial semiconductor revenues grew by 18 percent year over year in 2014, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
IHS Forecasts Double-Digit Sales Growth for PV Inverter Chips, Over the Next Three YearsMay 11, 2015According to IHS, amid increased awareness and demand for energy-efficient products, revenue from semiconductors used in PV inverters amounted to $387.1 million last year, a year-over-year increase of 9 percent.
China and US Boost Worldwide Industrial Semiconductor Market in 2014November 19, 2014Continuing strength in China and a resurgent U.S. economy are combining to drive accelerated growth in the worldwide market for semiconductors used in industrial applications this year, according to IHS Technology (NYSE: IHS).
Positive Q1 Performance Puts Industrial Electronics Chips on the Right TrackJuly 28, 2014Industrial electronics semiconductors made small but important gains in the first quarter this year, affirming continued strength for a sector that had been battered only two years ago, according to a new report from IHS Technology (NYSE: IHS).
Industrial Electronics Chip Market Rebounds, Invigorated by Resurgent ActivityApril 11, 2014Powered by the freshly fueled gears of reviving economies, the global market for semiconductors used in industrial electronics applications overcame a serious fall in 2012 and roared back to life last year, boding well for an even more energetic 2014, according to a new report from IHS Technology
A Failure to Communicate: Disconnect Between Equipment Purchasers and Factory Operators Costs Manufacturers BillionsApril 08, 2014A lack of communication—combined with a short-sighted fixation on holding down factory capital expenditures—is incurring massive energy-inefficiency costs for manufacturers during the lifetimes of their production facilities, according to IHS Technology
Industrial Automation Equipment to See Stronger Growth in 2014 after Two Mediocre YearsApril 08, 2014After sputtering for the last two years, the global market for industrial automation equipment (IAE) is poised for stronger growth in 2014, aided by strengthening economies as well as technological innovations that will boost demand, according to a new report from IHS Technology (NYSE: IHS).
Rise of the Machines: Industrial Machinery Market Growth to Double in 2014April 07, 2014High demand for machines in manufacturing sectors ranging from auto making to packaging will push the industrial machinery market to new heights during the next five years, highlighted by a doubling of growth this year, according to a new report from IHS Technology.
Industrial Electronic Chip Market Turns Around in 2013 with Double-Digit GrowthFebruary 06, 2014The worldwide market for industrial electronics semiconductors ended 2013 on a strong upbeat note, with overall revenue up convincingly from the previous year and reversing the disappointing...
Rise of Wireless Technology Poses Security Risks for ManufacturersFebruary 03, 2014Increasing networking of manufacturing equipment is opening up factories to the benefits of flexible production and wireless mobile communications. However, the rising use of...
Mobile Devices Invade Factory Floor as BYOD Trend SpreadsJanuary 21, 2014The bring-your-own-device (BYOD) phenomenon reshaping information technology (IT) in business offices is now spreading to the manufacturing sector, with employee-owned...