Remove 2029 Remove Manufacturing Remove Smart manufacturing
article thumbnail

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

Automation Mag

The report data shows demand for linear smart conveyance systems has surged, with sales increasing by 27 percent in 2021 and 32 percent in 2022. 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.

article thumbnail

Is Your Business Positioned to Capitalize on the Expanding Digital Industry Accelerators Ecosystem?

Frost & Sullivan Manufacturing

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Perpetual Wisdom

Dinesh Mishra

One of the primary trends is the increase in domestic manufacturing capacity, the narrowing technology gap and a wider range of products. with a focus on digitization and smart manufacturing. Sustainability is becoming a key focus for the industry, with efforts to reduce waste and energy consumption in manufacturing processes.

article thumbnail

5G’s role in the adoption of enterprise augmented reality

Control Engineering

The overall result shows that the development of 5G-based enterprise AR applications were in an early stage of development in 2021, but there are promising use cases that showed the potential of 5G in driving adoption of enterprise AR applications in various sectors, particularly in manufacturing. The survey was run during May 2021.