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India’s manufacturing growth slows to 12-month low in December

India’s manufacturing sector experienced its slowest growth in a year in December 2024, with slower expansions in output, new orders, and stock purchases. The HSBC India Manufacturing Purchasing Managers’ Index…

Rockwell study finds cybersecurity as the top concern among automotive manufacturers

The Global Survey reveals shifting priorities, increased technology investments, and workforce engagement challenges in the automotive industry. Rockwell Automation presented the results of the 9th annual “State of Smart Manufacturing…

Electronic access control systems market is forecasted to reach US$ 32.5 billion by 2033

The global electronic access control system market is expanding at a steady pace, exhibiting growth at 8.3% CAGR between 2021 and 2031. The global electronic access control system value surpassed US$11bn in 2020 at a CAGR of 7.5% during…

Oil and Gas pipeline market set to soar amid technological innovation

The global market for oil and gas pipes is projected to surpass a value of US$ 4,000 million by the conclusion of 2022. The oil and gas pipes market was valued at…

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Powering progress with the dynamics of the electrical steel industry

The global electrical steel market size was valued at US$ 25.9 billion in 2022 and expected to grow at a CAGR of 8.5% to reach US$ 55.1 billion by the…

Clean air and thermal comfort combined with the growth of OEM insulation market

OEM insulation plays a crucial role in improving energy efficiency by reducing heat transfer and minimizing thermal losses. OEM insulation allows manufacturers to enhance energy efficiency of their products, resulting…

Manufacturers face data woes that stifle innovation and time to market

Major challenges with data availability and quality are impeding the roll-out of advanced technology such as digital twins, automation and AI in manufacturing. Manufacturers that fail to get their data…

Precision engineering machines driving innovation in advanced manufacturing

Precision engineering machines are vital in multiple industries, ensuring accuracy and precision in manufacturing intricate components. Their integration of advanced technologies drives innovation across sectors like automotive, aerospace, electronics, and…

BMW Steyr takes path of sustainability: 70 percent energy savings with heat pump innovation

BMW Steyr achieved a remarkable 70 percent reduction in electricity consumption by replacing electric water heating with a heat pump in its Austrian facility, resulting in substantial energy and cost…

Global Biolubricants market to reach $3.2 Billion by 2030

The global market for Biolubricants estimated at US$2 Billion in the year 2022, is projected to reach US$3.2 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. This…

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