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Recent predictions have identified 2020 as the year technology gains critical mass. We take a look at the state of manufacturing technology and what is in store for us in the road ahead.
The market for linear systems has surged over the past three years, with sales revenue growing from $237 million in 2020 to $488 million in 2023. billion, nearly five times the market size in 2020. By 2029, sales of linear systems are expected to exceed $1.1
With its automation toolkit ctrlX AUTOMATION and the principle of the “smartphone for the world of industrial automation,” Bosch Rexroth signaled a paradigm shift in the market back in 2020. In 2021, the leap from an open platform to an industrial partner network was achieved with ctrlX World.
We live in an age where new technologies hit the market almost daily. The question is will manufacturers find meaningful applications for latest advances? As technologies mature, here are ten we see with the most promise for the year ahead.
In its 2020 Embedded BI Market Study, Dresner Advisory Services continues to identify the importance of embedded analytics in technologies and initiatives strategic to business intelligence. Which sophisticated analytics capabilities can give your application a competitive edge?
Aircraft exports also experienced strong surges in recent years, particularly in 2020 and 2021, with 120 and 105 units, respectively. Covering the period from 2016-17 to 2020-21, the figures illustrate both the defence industry’s share of the total economic output and the overall economic performance. per cent and 0.44
to 746,276 units less than in 2020 when social distancing restrictions during the pandemic shut down the market for three months.1 Over the full year, growth was delivered entirely by fleets, up 11.8% to reach 1,163,855 units, accounting for a record six in 10 (59.6%) new car registrations. to 42,647 units.
Commercial aircraft orders fell 65% in November 2024 to just 79, representing the lowest demand for aircraft in the month since 2020, reports ADS Group.
for $285 million in 2015, the introduction of the e-Series in 2018, and reaching the industry milestone of 50,000 cobots sold worldwide in 2020. Japan , often considered the front runner in aging population, is projected to have 38% of its population aged 65 or older by 2050 , up from 28% in 2020. in 2020 to 22% by 2050.
Many application teams leave embedded analytics to languish until something—an unhappy customer, plummeting revenue, a spike in customer churn—demands change. But by then, it may be too late. In this White Paper, Logi Analytics has identified 5 tell-tale signs your project is moving from “nice to have” to “needed yesterday.".
Founded in 2020, Massimo Marine manufacturers and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo Group is also developing electric versions of UTVs, golf carts, and pontoon boats.
Global demand for batteries is projected to grow from 194 GWh of annual demand in 2020 to 2,045 GWh by 2030 with electric vehicles expected to be 87 per cent of the demand and stationary storage 7 per cent.
Since the FHRI Fund was established in 2020, approximately $185 million in grants have been awarded to more than 627 recipients. The Western Australian Government’s groundbreaking Future Health Research and Innovation (FHRI) Fund supports innovators with regular funding opportunities.
Wematter designed and introduced the Wematter Gravity in 2020 which brought an affordable, turnkey SLS solution to the market in the Europe, Middle East, and Africa (EMEA) region. Through this partnership, 3D […]. The post 3D Systems partners with Wematter on SLS appeared first on Design World.
According to the 2020 Dresner Embedded Business Intelligence Market Study, embedded business intelligence is crucial for application success. This report explores the current state of BI and why application teams are increasingly choosing an embedded solution.
Technology and software company Emerson has been named the IoT Breakthrough 2023 “Industrial IoT Company of the Year” for the fifth time — an honor the company also received in 2018, 2019, 2020 and 2022.
Eplan, the solutions provider, has made significant investments in this field since 2020 due to its customer-oriented focus and provides numerous eLearning courses at www.eplan.com. eLearning is a form of self-study that has been well-received and is becoming increasingly widespread.
Since 2020 Dr Taylor has been Deputy Director of CSIRO’s Agriculture & Food research unit, spearheading digital transformation and developing innovation strategy and building industry partnerships.
70% of digital transformation projects fail (BCG, 2020). In an industry where most large software implementations falter, we recognize the importance of planning, optimization, and execution.
” Spun out of ETH Robotics Systems Lab in 2020, Bota Systems develops and manufactures multi-axis force-torque sensors, torque sensors, and custom sensors. . “This collaboration will empower research labs to efficiently gather and analyze force-torque, inertial and temperature data, paving the way for novel AI applications.”
Study analyzes spinal surgeries The HSS study included 212 adult spine surgery patients who had a total of 1,211 pedicle screws placed between June 2020 and October 2023. A preoperative CT scan of the patient’s spine is used to plan and perform the surgery. Apply to speak.
Since 2020, igus has been supporting Mura’s project as an investor. Recovering crude oil from plastic: British company Mura Technology (Mura) is pursuing this goal with the HydroPRS process to advance the circular economy of plastics – a concern also shared by motion plastics specialist igus.
Industrial Succession Group purchased a small California sheet metal operation in 2020. It wasn’t a strip-and-flip affair. Instead, it streamlined information management and doubled its head count and overall revenue.
Intuitive also highlighted that 2024 included no noticeable procedure volume disruptions due to COVID-19, an external factor that had previously affected procedure volumes since 2020. The company reported treatments for a large portion of patients in the backlog created by the pandemic as well.
After voting in 2020 to create the country's toughest requirements for recycled plastic in beverage bottles, California lawmakers are now debating setting goals for using bioplastics to bottle soft drinks, water and other beverages.
Automotive retail, service and repair enrolments, which includes heavy duty automotive, plant mechanics and auto-electrical trade disciplines, at the Kalgoorlie campus are up more than 69 per cent at the end of October 2024, compared to the start of the pandemic in 2020.
In 2020, the CEO took home over $800,000. million in 2020. By Mara Kardas-Nelsonarchive. The Kiva users noticed that the changes happened as compensation to Kiva’s top employees increased dramatically. Combined, Kiva’s top 10 executives made nearly $3.5 In 2021, nearly half of Kiva’s revenue went to staff salaries.”
The third consecutive monthly decline led to the months lowest outturn since 2020, 1 with February traditionally a low volume month as many operators postpone procurement until the arrival of the new March number plate. B 4x4s 164 302 -45.7% C Vans <=2.0T 427 275 55.3% D Vans > 2.0-2.5T 2,119 3,162 -33.0% E Vans >2.5-3.5T
Dawson offers this broad picture of the market: Since the majority of smart conveyance technology vendors are headquartered in Europe, EMEA was the largest market in 2020, registering a total market value of around $100 million. The market is set to quadruple in size between 2020 and 2026 with a CAGR of 26.5%.
By 2025, Leuze will have doubled its sales growth since 2020, and not for the first time. With a sales increase of 25%, Leuze took another big step toward achieving this ambitious goal in 2022.
Gumbs, who joined the organization in late 2020 successfully led the increased growth of the North American region to record achievements, improved competitiveness in the… The post Bosch Rexroth announces departure of President and CEO, Gregory Gumbs appeared first on Design World.
A look at how Medrobotics got here The local NBC 10 I-Team reported in March 2020 that the company faced state fines for not paying employees over more than one month. Medrobotics faced further troubles later in 2020, with courts agreeing with Endobotics in a patent spat against the company. In December 2020, the U.S.
In 2020, it was ranked as the 5th largest cement company by amount of cement produced annually in the world, at more than 87 million tonnes. Cemex is a Mexican multinational building materials company headquartered in San Pedro, Mexico. It manufactures and distributes cement, ready-mix concrete and aggregates in more than 50 countries.
In fact, it had a revenue of almost $100 billion in 2020. Software as a Service, or SaaS, is a type of cloud computing platform that has gained popularity. Despite the popularity of software-as-a-service businesses, it is important that a Saas development company find new ways to promote themselves.
With 147,517 new cars reaching the road, it was the best performance for July since 2020, when a re-opening of dealerships following four months of lockdown saw a surge in deliveries to fulfil demand pent-up demand. SEE CAR REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE The UK new car market rose by 2.5% market share.
It was founded in 2020 […] The post Optical Device Manufacturer Stays Flexible with Day-One MRP Implementation appeared first on Blog for Manufacturers and Distributors.
The company , which acquired ULC in 2020, has about 3,100 employees in 15 countries. -based SPX Technologies said it is a leader in the heating, ventilation, and air conditioning (HVAC) and the detection and measurement markets. The post Rosendin Electric tests ULC Technologies solar construction robots appeared first on The Robot Report.
This venture round followed a $140 million Series B investment in October 2021 and a $56 million Series A in July 2020 for a total of $291 million to date. Latest funding brings total to $291M Lightspeed and Sumitomo Corp. led Dexterity’s latest funding round, reported Bloomberg.
In late 2020, Brett and a Resources NSW management team went on a field trip run by the Future Generation Joint Venture to learn more about the project and the site. Image: ICN Brett explained that Resources NSW was initially looking at the bulk spoil management contract for the Snowy 2.0 planning, engineering and development team.
on the first two months of 2020, 3 pre-pandemic, reflecting demand for these critical vehicles from key sectors. 2 January-February 2020: 37,660 units. to some 28,000 units this year. 2 Long-term growth to meet net zero ambitions, however, will depend on a strong, flexible market and dedicated infrastructure, which is so far lacking.
According to a study by the German Association for Information Technology, Telecommunications and New Media (Bitkom), in 2020 there […] However, the specialists who make these technologies work are in short supply and high demand.
The market for linear systems has surged over the past three years, with sales revenue growing from $237 million in 2020 to $488 million in 2023. billion, nearly five times the market size in 2020, according to Interact Analysis. By 2029, sales of linear systems could exceed $1.1
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