Industrial automation and control systems are on the brink of a significant transformation, fueled by technological innovations and the growing adoption of smart manufacturing practices. Predictions indicate that the market will exceed USD 380 billion by 2032, marking a compound annual growth rate
The Industrial Automation and Control System Market is set to reach unprecedented heights, projected to be valued at USD 380 billion by 2032. This rapid growth is propelled by advancements in technology, rising demand for automation across various industries, and increasing industrial activities
In recent years, the concept of smart factories has generated significant interest due to their ability to integrate digital and physical technologies, which can potentially revolutionize the manufacturing sector. These advanced factories employ automated data sensing, analysis, and manufacturing
Interspectral, a leading SaaS provider specializing in AI-driven quality assurance and process monitoring solutions, has recently completed a new round of investment led by Navigare Ventures, a prominent Swedish investor in industrial innovation and deep tech. This strategic funding is set to
The global manufacturing industry faces substantial challenges related to energy consumption and greenhouse gas emissions. As the world moves towards more sustainable practices, smart factories are emerging as a potential solution. Smart factories utilize advanced technologies for optimized
In a significant move set to transform the landscape of North American automation, Kivnon, a leading global provider of mobile robotics and automated guided vehicles (AGVs), has entered into a strategic partnership with Machine Concepts, a specialist in custom machinery design and automation