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…
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…
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$11bn in 2020 at a CAGR of 7.5% during…
The global market for oil and gas pipes is projected to surpass a value of US$ 4,000 million by the conclusion of 2022. The oil and gas pipes market was valued at…
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…
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…
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 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 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…
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…