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Digital Twins are powerful, and they’re not just for products

iBASEt

According to recent research , the global Digital Twin marketing size is projected to reach over $110 billion by 2030, with a CAGR of around 39%. There are actually several types of Digital Twins that can be used in manufacturing. The value of Digital Twin for products is obvious. Types of Digital Twins.

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High-voltage power technologies driving semiconductor processes

Control Engineering

High demand and industry growth is leading to a $1 trillion semiconductor industry by 2030. A report by global management consultancy McKinsey & Company points to the increasing pace of digital transformation, predicting a decade of growth leading to a $1 trillion semiconductor industry by 2030. Semiconductor Insights.

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Six industrial robotics trends for 2023

Control Engineering

According to ABI Research, the cobot market had a global valuation of $475 million in 2020, expanded to $600 million in 2021 and is expected to reach $8 billion by 2030, at a projected CAGR of 32.5%. I don’t think that growth is slowing down any time soon.” At the same time, mobile robots are also seeing rapid surge in popularity, Su said.

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