Factory Automation Market Growth Driven by Technological Advancements The factory automation market is experiencing unprecedented growth, driven by technological advancements and the increasing need for efficiency in manufacturing processes. With the global market valued at USD 161.2 billion and
The Industrial Control Systems (ICS) Security Market is on the brink of significant expansion, driven by the increasing need to protect critical infrastructures from cyber threats. As industries such as utilities and manufacturing become more interconnected and reliant on digital technologies, the
In an effort to simplify and streamline its extensive portfolio, Honeywell International announced its plans to spin off both its automation and aerospace divisions into independent public companies. This strategic move was announced on Thursday and aims to establish Honeywell Automation and
In an era where technological advancements are reshaping every aspect of our lives, the manufacturing sector is undergoing a significant transformation. Over the past two decades, digitization has been the prevailing trend, but a new shift is on the horizon—datafication. Shawn DuBravac, Ph.D., CFA,
The manufacturing sector is undergoing a significant transformation, driven by the adoption of artificial intelligence (AI). As manufacturers face increasing complexities, economic uncertainties, and the demand for sustainable operations, AI emerges as a powerful tool to enhance efficiency,
The manufacturing sector is undergoing a significant transformation with the advent of AI-powered, self-correcting robotics. These advanced systems are not only reducing downtime but also optimizing operational efficiency and cutting costs across various industries. This article delves into the
