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Interact Analysis: Smart conveyance technology market is projected to be $1.1B by 2029

Automation Mag

percent between 2024 and 2029, with $1.1 billion in sales projected for 2029. percent forecast from 2023 to 2029. By 2029, the market size is projected to be worth more than $80 million, notes the firm. percent in 2024 due to sluggish machinery production and reduced investment in the battery sector. percent in 2024.

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Nissan commits to making next-gen EV batteries by 2029

Canadian Manufacturing

Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said on Apr. 16 during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector.

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Nokia MEA Mobile Broadband Index 2024: 5G driving rapid digital transformation

Manufacturing Tomorrow

• 5G adoption in MEA expected to reach one in four subscriptions by 2029, highlighting its critical role in future connectivity towards digital transformation. • 5G subscriptions in MEA expected to reach 519 million by 2029, representing 23% of total mobile connections. •

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Pickommerce secures $3.4 million investment to advance robotic piece-picking technology

Robotics Automation News

percent and reach nearly $9 billion by 2029, […] Pickommerce’s technology is poised to disrupt the warehouse automation market, which is projected to grow at a compound annual growth rate of 53.4

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Hinkley Point C delayed to 2029 at the earliest as budget increases substantially

E&T

The UK’s first new nuclear plant in a generation, Hinkley Point C, is facing another delay and further budget increases due to a combination of factors including Covid-19, Brexit and inflation, owner EDF Energy has said.

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New Opportunities for Motion Control

Gary Mintchell

By 2029, sales of linear systems are expected to exceed $1.1 From 2023 to 2029, the market is projected to grow at a compound annual growth rate (CAGR) of 14.6%. Smart conveyance technology Smart conveyance technology is a multi-carrier transport technology and is available as either linear or planar systems.

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Verdantix research shows that regulatory focus on forced labour in Europe will drive a $7B market in supply chain software

Canadian Manufacturing

The report found that the regulatory shift towards human rights in supply chains, such as the EU Forced Labour Ban prohibiting goods made with forced labour, will help spur over $2 billion annual spending on supply chain sustainability data collection and reporting across the EU by 2029.