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COVID-19 pulls the rug out from under the global industrial marketMarch 16, 2020As the coronavirus disease known as COVID-19 continues to rampage across the world, bringing industrial production and supply chains worldwide to a virtual standstill, the pandemic will cause a substantial revision in the prospects this year of the industrial market, now projected to decline by as much as 10 percentage points.
The factory of the world is ill: Coronavirus in China disrupts production and supply chains around the worldFebruary 13, 2020Already forecast to be on a slow road to recovery this year, machinery production and component manufacturing will suffer a further setback as the human toll rises and factories shut down from the dangerous coronavirus outbreak in China. The city of Wuhan, a major manufacturing hub and the largest metropolis in central China with a population of 11 million, is at the epicenter of the occurrence.
CIIF 2019 summary: Chinese cobot manufacturers aim to dominate the marketNovember 12, 2019More than 180,000 visitors thronged the China International Industry Fair (CIIF) as the event, bearing the theme of "intelligence, interconnection,” kicked off at the Shanghai National Convention and Exhibition center in mid-September. Among the star attractions were Chinese-made collaborative robots, or cobots, exhibited alongside robotic counterparts produced outside the country. Both sides were equally popular, but the Chinese cobots were present in greater numbers and were, therefore, the more prominent of the two.
Machine Vision Ubiquitous in Factory AutomationSeptember 17, 2019Machine vision in the last decade has made significant advancements, its utilization now more widespread throughout a multitude of industries.
Artificial intelligence brought to engineering designAugust 21, 2019Enabled by the convergence of High Power Computing (HPC) and Artificial Intelligence (AI), Generative Design (GD) can dramatically shorten the product design process by reducing the number of iterations needed, bringing products to market faster, and making them lighter and cheaper. Using this technology, Airbus was able to cut 45% or 30kg of the weight of an A320 partition part, helping reduce its carbon footprint by saving more than 3,000kg of fuel per year.
Industrial automation equipment market to post slower growth in 2019July 30, 2019The combined effects of a slowdown in the world economy, machinery production, and capital expenditure will depress growth this year in the global market for industrial automation equipment (IAE), shaving at least 1.5 percentage points of growth when the year ends compared to 2018 levels.
The SME and battery industry renaissance: The Dassault Systèmes perspectiveJuly 22, 2019Recently, Dassault Systèmes, the 3DEXPERIENCE Company (3DS), invited IHS Markit to its annual analyst event at its headquarters located at Vélizy-Villacoublay, France.
Where are the opportunities for non-leading safety suppliers amid the global economic slowdown?June 28, 2019The global economic slowdown represents a turning point wherein many non-leading suppliers can target more high-end products and solutions to build better brand images.
At CERAWeek 2019, technology and energy continue to coalesce in force and presenceApril 04, 2019The interrelation of energy and technology is not new. However, CERAWeek seems primed to be at the nexus of these two disciplines in the future. I expect the increased presence of technology companies at future conferences, an even larger Agora, and a sharpened focus on transformational technologies like cloud services, IoT, AI, and robotics. This is true especially as cloud giants look to more fully penetrate markets beyond consumer and enterprise.
What lies at the Industrial Edge?March 07, 2019The idea of Industrial Internet of Things (IIoT) is not new, and has evolved over the last few years. The drive towards connectivity within the industry has led to the generation of an enormous volume of data that could open new business avenues for the companies, if processed correctly.
Machinery production revenue growth rate in China will reach a low point of 1.4% percent in 2019March 05, 2019China's machinery production is facing tremendous downward pressure from slowing investment, slower growth in downstream industries and the Sino-US trade war, which will continue into 2019.
Global machinery production revenue to reach $1.6 trillion in 2022February 27, 20192019 will be a tough year for machine builders, with overall global machine production revenue growing at a compound annual growth rate (CAGR) of 2.1 percent from 2017 and reaching $1.6 trillion in 2022.
IoT Vertical Case Study: Chordant - Data exchange is a key enabler for smart cities development - 2019February 04, 2019In this case study, we analyze how the Chordant Internet of Things (IoT) platform functions.Subscribers Only
The rise of the Chinese machine safety marketDecember 19, 2018The China International Industry Fair (CIIF) 2018, held in Shanghai on September 19-23, attracted numerous exhibitors and global audiences. The industrial internet of things (IIoT) was the main theme of the show. Aside from the global suppliers, there were a number of Asian manufacturers demonstrating their ambitions to improve growth and expand market share. Delta and Advantech both showcased complete solutions incorporating the latest IIoT concepts. By focusing on the entire production process, including data collection, data analysis, and data visualization, these companies are moving from simple hardware manufacturing into a solution and services-focused business model.
IoT Vertical Case Study: Waze - Beyond navigationDecember 10, 2018The role of Waze in the Internet of Things (IoT)Subscribers Only
Transformative technologies to shape the future of manufacturingSeptember 13, 2018
With growth exploding, the global operator terminal market reached $2.4 billion in 2017August 28, 2018The global operator terminal market – including text-based, basic graphical, advanced graphical, portable, embedded PLC hardware and web panel – grew more than 10 percent year over year, reaching $2.4 billion in 2017. The market is expected to exceed $3 billion by 2022.
Japanese automation suppliers post strong financial results for 2017July 27, 2018Japanese automation supplier performance strong in 2017 and forecast to remain strong in 2018 Results of Fiscal Year 2017 for industrial automation suppliers in Japan were good overall. Steady results for the domestic business were boosted by strong overseas markets. Some bright spots in China included supply of automation for smart phone production, secondary batteries production for electric vehicles, and an increase in capital investment in semiconductor manufacturing equipment. In addition, the increasing automation of production facilities, driven by the rise in IIoT, also supported strong sales of automation from Japanese suppliers.
New technologies, including network connectivity, drive the replacement market for Low Voltage Motor Control Centers (LV MCCs)July 19, 2018The LV MCC market is estimated to have been worth $3.08 billion in 2016, up 2.2% Y/Y. Growth has been most pronounced in EMEA and Asia Pacific, while the Americas market has shrunk. As a result, the LV MCC market is forecast to be worth $3.54 billion by 2021 with an overall CAGR of 2.8%.
IoT innovation becoming the key driver of the embedded computing marketJune 20, 2018Global revenue in the embedded computing market contracted by 3.1 percent, year over year, falling to $2.5 billion in 2016, due to the ongoing effects of the collapse of the xTCA telecom market; however, the global market is forecast to grow through 2021, when revenue will total $3.4 billion, largely because of growth in the industrial automation sector.