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Image: ID1974/stock.adobe.com The Federal Government has announced a commitment to manufacture 155mm M795 artillery ammunition and Guided Multiple Launch Rocket Systems (GMLRS). It will also be the first dedicated forge outside of the United States that will manufacture 155mm M795 artillery ammunition.
Image: ID1974/stock.adobe.com Australia will manufacture missiles at home from 2025, thanks to another step forward by the Federal Government who have signed two memoranda of understandings (MoU) with the United States. The post Australia to manufacture missiles from this year appeared first on Manufacturers' Monthly.
In this insight, we will discuss two new growth areas identified from our research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control.” By 2029, sales of linear systems are expected to exceed $1.1 billion, nearly five times the market size in 2020.
Image: zapper/stock.adobe.com The Tasmanian Government has announced the launch of the new Tasmanian Defence Industries Strategy 2029. The Tasmanian Defence Industry Strategy 2029 will target the development and promotion of capability, securing defence market opportunities and enhancing defence related R&D and innovation.
has introduced an what they call an “innovative approach to manufacturing that is set to transform the industry.” Manufacturers can even spot defects along production lines without direct observation, all without the need to be seated in a back office. By 2029, this market is expected to skyrocket to a value of US$ 1156.2
In addition to the 150 local jobs created during construction, I want to work with industry to develop a local vanadium battery manufacturing industry here in Kalgoorlie to support more local jobs.” The post Australian-first vanadium battery project to reinforce WA energy system appeared first on Manufacturers' Monthly.
In 2023, the market grew by 23 percent, largely driven by the battery manufacturing industry. 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.
Image: brizmaker/stock.adobe.com The Victorian Government is backing an innovative local startup, Kit Magnetics, to establish a new advanced manufacturing facility in Melbourne, creating more than 650 jobs. The post Local VIC startup to establish new facility appeared first on Manufacturers' Monthly.
Image: IM Imagery/stock.adobe.com The Miles Labor Government’s $25 million investment in local long-duration energy storage company Energy Storage Industries (ESI)- Asia Pacific has attracted an additional investment of $40 million from a UK-based investment fund in support of the development of Queensland’s iron-flow battery manufacturing industry.
Source: Zebra Technologies Only 1 in 6 manufacturers has a clear understanding of its own processes, according to a new study from Zebra Technologies Corp. The report also found that 61% of manufacturers expect artificial intelligence to drive growth by 2029, up from 41% in 2024. Zebra commissioned Azure Knowledge Corp.
WestWind Energy is aiming to construct the wind farm over a 2-3 year period from 2029 to 2032, subject to planning approvals and community consultation. The post Lake Victoria wind farm gets Govt approval appeared first on Manufacturers' Monthly. The project has an estimated capital expenditure of $3.8
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.
Image: ICN The Queensland Government has taken a significant step towards bolstering the battery manufacturing industry with the launch of Australia’s first Battery Supply Chain Database. The database is now live on Gateway by ICN, a platform dedicated to connecting businesses with projects and opportunities nationwide.
Interact Analysis here discusses two new growth areas it has identified from its research and conversations with manufacturers: smart conveyance technology and robots with machine-integrated control. By 2029, sales of linear systems could exceed $1.1 billion, nearly five times the market size in 2020, according to Interact Analysis.
Image: maytheevoran/stock.adobe.com The Queensland Government has unveiled its Future Queensland Science Strategy 2024-2029 , which is set to capitalise on opportunities in dynamic scientific fields such as renewable energy, climate change mitigation and quantum and advanced technologies.
Image: Queensland Government Queensland Manufacturing minister Glenn Butcher has introduced Australia’s innovative Battery Supply Chain Database to assist manufacturers in seizing opportunities within the battery manufacturing sector. billion to the economy by 2032. “The
The industrial landscape is rapidly transforming, with an ecosystem of digital industry accelerators (DIAs) emerging in response to increasing demands for digital transformation in manufacturing. By processing data closer to its source, companies are reducing latency and advancing smart manufacturing and intelligent transportation.
The Front-End Engineering Design (FEED) phase is scheduled to begin in the coming months, with commercial operations targeted to commence by 2029. .” The proposed facility is expected to create over 1,500 jobs during construction and 180 long-term positions once operational.
The first full six-car C-series train manufactured in Western Australia is now ready to leave Bellevue for an extended dynamic validation testing phase after passing high voltage testing. Congratulations to all of the workers involved in reaching this milestone and helping to bring back railcar manufacturing to WA.
billion by 2029. The project represent SolarBank’s initial foray into battery energy storage, a market forecast by Fortune Business Insights to grow at a 16.3 per cent compound annual growth rate from 2022 to reach US$31.2
The Boyne Smelter has been operating since 1982 and is Australia’s second largest aluminium smelter, manufacturing carbon anodes, aluminium production, and casting of molten metal into aluminium products for export. “We The post QLD Gov’t set to secure Boyne Island aluminium smelter appeared first on Manufacturers' Monthly.
Research from the American Welding Society indicates that 320,500 new welding professionals are projected to be needed by 2029 ( [link] ). Similarly, a Canadian government report cited that over 222,000 new apprentices are also needed in the coming years to meet the 2028 demand for skilled trades workers ( [link] ).
Zebra Technologies Corporation recently published the findings of its 2024 Manufacturing Vision Study. According to the study, 61 percent of manufacturers expect AI to drive growth by 2029. Nearly three-quarters (73 percent) of manufacturing leaders plan to reskill labour to enhance data and technology usage skills.
Compounding these challenges is the heightened competition from Chinese EV manufacturers, who have gained traction in both Chinese and European markets by offering competitively priced models. With energy costs rising in Europe and demand stagnating, manufacturers are re-evaluating their production locations and labor structures.
Once approved, construction of the Bungaban project is targeted to start in late 2024 and is expected to produce electricity by 2029, employ up to 600 people during construction and support up to 30 permanent jobs when operating.
• 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. •
increase to reach 128,462 new registrations, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Constrained supply saw many manufacturers prioritise deliveries of the latest zero emission-capable models. million, around 700,000 units below pre-Covid levels. billion in additional turnover.
ANYbotics focuses on autonomous reliability ANYbotics has manufactured ANYmal robots since 2019. to reach $540 million by 2029, according to Market Intelligence Data. In May 2023, ANYbotics raised $50 million toward international expansion and developing new capabilities for its quadrupeds.
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.
Comau is expanding from automotive manufacturing to logistics applications such as pick and place. million by 2029. .” million by 2029. Comau has 50 years of experience with manufacturers and employs more than 3,700 people in 13 countries. million industrial robots today to 2.6 million industrial robots today to 2.6
from 2024 to 2029, with North America and Europe leading the market. “In addition, as machine builders, automation solution providers, and robot manufacturers continue to cooperate in this segment, the number of integrated solutions available on the market is increasing,” she said.
billion by 2029. Consequently, the global cloud computing, infrastructure, and platforms industry is set to expand at a CAGR of 25.4% , rising from $235.99 billion in 2023 to $915.9
A new long-term renewable energy agreement between publicly owned Stanwell Corporation and biscuit maker The Arnott’s Group would provide 68GWh of renewable energy while preventing the emission of more than 44,500 tonnes of carbon dioxide in Arnott’s 40,000 square metre manufacturing site in Brisbane.
The second stage is expected to involve six years of construction, with first production in 2029 followed by a three-year ramp-up period. The first stage, which is already under construction, is about a third of the way finished, with an anticipated start date of 2026.
In the manufacturing industry, typical applications of industrial robots include product assembly, welding, painting, product inspection, testing, packaging and labelling, etc. billion during 2023-2029. According to recent industrial reports, the global robotic inspection sector alone is predicted to grow by $4.68
The Arnott’s Group , one of Australia’s most iconic food manufacturers and CleanPeak Energy , a specialist distributed renewable energy company, have signed an agreement to transition the world-class Huntingwood manufacturing facility to 100 per cent renewable electricity by 2029. CleanPeak will then source an additional 17.3
Global & Regional Forecasts Through 2029: Revenue insights by verticals, business size, and regionsplus emerging adoption trends in NA, EMEA, APAC, and LATAM. Frost & Sullivans advisory services help security vendors, service providers, and enterprises tailor their roadmap to meet industry demandand stay ahead of the innovation curve.
From manufacturing and project engineering to lean manufacturing, Six Sigma and sustainability, Katherine Pistorius has turned her passions into a fulfilling career in manufacturing. Take sustainability and bring it to the front manufacturing. My goal is to continue to nurture both lean and sustainability in my career!
SwRI Workbench for Offline Robotics Development allows manufacturing engineers to independently use complex robotics and simplifies motion planning for seasoned developers. Various forecasts project that the open-source advanced robotics market will grow more than 10% annually between 2024 and 2029.
Robotics insights Industrial robot market growth is expected to grow at a CAGR of 18% from 2019 to 2029 thanks to robotics being increasingly used in the automotive and electronics industry according to a report by Future Market Insights. This is driven by the digitalization of manufacturing processes.
The Rebuilding QBuild initiative, announced in 2019, aims to support the manufacturing of modern homes at QBuild’s Rapid Accommodation and Apprenticeships Centre at Eagle Farm and the proposed new RAAC facility in Cairns.
This Series A funding will enable us to accelerate manufacturing to meet market demand, fund the development of more autonomous farm capabilities, scale our go to market, and develop an ecosystem of applications that help farms thrive for generations to come,” he added. billion in 2024 to $27.71 billion in 2023 to $28.96
of new funding from the UK Space Agency, following £249,000 provided for an initial study in 2022, and will aim to develop a lunar nuclear reaction by 2029. The project will receive £2.9m
Beyond 2024, the overall outlook for the industrial automation and manufacturing sectors will improve, states the firm. percent between 2023 and 2029. By 2029, it is expected that over 14,000 units will be shipped by the Americas, more than double the number shipped by the region in 2023.
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