Maintenance

Global Industrial Machine Vision Camera Market Report to 2028: Surge in Adoption of Artificial Intelligence, Industrial Robots and Industry 4.0 Drives Growth

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Friday, March 24, 2023
Maintenance, 3D, COVID-19, Public expenditure, US, Traction, TKH, Artificial intelligence, Growth, Basler, Automation, Retail, Consumer electronics, Automotive industry, Cognex

Growth Drivers: One of the most important factors impacting the global industrial machine vision camera market is the surge in adoption of industrial robots.

Key Points: 
  • Growth Drivers: One of the most important factors impacting the global industrial machine vision camera market is the surge in adoption of industrial robots.
  • Challenges: However, the market has been confronted with some challenges specifically, high cost of industrial machine vision camera and difficulty in maintenance of industrial machine vision camera, etc.
  • Embedded machine vision is becoming increasingly popular in the industrial machine vision camera market as it offers a compact and cost-effective solution for many industrial applications.
  • Global industrial machine vision camera market is concentrated market with top 3 players - Keyence, Teledyne Technologies Incorporated and Cognex hold around 47% of market share.

Analogue Grows FY2022 Revenue and Contracts Awarded by 21.0% and 41.8% Respectively Defying Challenging Market Conditions

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Friday, March 24, 2023
Environmental engineering, Drainage Services Department, Housing, Hong Kong International Airport, Escalator, Hong Kong Stock Exchange, Internet, Video content analysis, ESG, R, New Technology Institute, Maintenance, Sewage, Digital twin, Siemens Building Technologies, Neway Group Holdings Limited, Building, Growth, Asset, Institution of Civil Engineers, Business model, ICBT, Safety, Engineering, Communication, Carbon, Government, Climate change, Water, Internet of things, Smart city, International airport, E&M, Property management, Cryptocurrency, Renewable energy, Modularity, Limited, Analog, Central business district

-- Total revenue reached HK$6,474.7 million, an increase of 21% year-on-year

Key Points: 
  • -- Total revenue reached HK$6,474.7 million, an increase of 21% year-on-year
    During the Year, the Group's total revenue increased by 21.0% year-on-year to HK$6,474.7 million.
  • Tendering activities remained active throughout the Year, with a total of 1,409 tenders or quotations valued at over HK$1 million each.
  • The Board did not recommend a payment of a second interim dividend for the year ended 31 December 2022.
  • The Group's exceptional project execution capability enabled it to deliver on the order book throughout FY2022, boosting the segment revenue by 26.0% to HK$4,257 million.

5G IoT Market worth $59.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

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Friday, March 24, 2023
NEC, AT&T, Maintenance, Communication, Semtech, Cisco, Samsung Electronics, AT, Internet of things, Policy, Orange S.A., AG, USD, Vodafone, Compound annual growth rate, Investment, Deutsche Telekom, Knowledge, Nokia, Growth, SME, Safety, Renewable energy, Mobile phone, Verizon Communications

CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.
  • Heavy IoT investments are driving the growth of the 5G IoT Market.
  • Asia Pacific is the fastest-growing region in the 5G IoT Market.
  • These countries have sustainable and well-established economic growth, empowering them to increasingly invest in R&D activities, thereby contributing to developing the 5G IoT Market.

5G IoT Market worth $59.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, March 24, 2023
NEC, AT&T, Maintenance, Communication, Semtech, Cisco, Samsung Electronics, AT, Internet of things, Policy, Orange S.A., AG, USD, Vodafone, Compound annual growth rate, Investment, Deutsche Telekom, Knowledge, Nokia, Growth, SME, Safety, Renewable energy, Mobile phone, Verizon Communications

CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, March 24, 2023 /PRNewswire/ -- The global 5G IoT Market size is projected to grow from USD 13.2 billion in 2023 to USD 59.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period, according to a new report by MarketsandMarkets™.
  • Heavy IoT investments are driving the growth of the 5G IoT Market.
  • Asia Pacific is the fastest-growing region in the 5G IoT Market.
  • These countries have sustainable and well-established economic growth, empowering them to increasingly invest in R&D activities, thereby contributing to developing the 5G IoT Market.

2023 Ontario Budget Keeps Ontario Moving

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Friday, March 24, 2023
Golden Horseshoe, Maintenance, Skills Development Fund Corporation, Bradford Bypass, Highway, Government, Kitchener, School, Ontario Highway 401, Investment, GDP, Growth, Transport, GO, Tunnel, Construction

Mississauga, Ont., March 24, 2023 (GLOBE NEWSWIRE) -- The Ontario Road Builders’ Association congratulates and thanks the Ontario Government’s significant increase in transportation infrastructure investments announced yesterday in the 2023 provincial budget.

Key Points: 
  • Mississauga, Ont., March 24, 2023 (GLOBE NEWSWIRE) -- The Ontario Road Builders’ Association congratulates and thanks the Ontario Government’s significant increase in transportation infrastructure investments announced yesterday in the 2023 provincial budget.
  • Yesterday’s budget announcement of $27.9 billion over the next decade for highways rehabilitation and expansion represents an increase of $2.8 billion from the projections in last year’s budget.
  • ORBA members look forward to doing our part to help keep Ontario Moving,” said Michael McSweeney on behalf of all ORBA Members.
  • Background on ORBA: The Ontario Road Builders’ Association is proud to represent the transportation infrastructure sector in Ontario.

GITAI Conducts Successful Demonstration of Lunar Base Construction in a Mock Lunar Surface Environment

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Friday, March 24, 2023
Level 4, Moon, Maintenance, Arm, NASA, TRL, Penguin Group (USA) Inc. v. American Buddha, Mining, Landers, 3D printing

TORRANCE, Calif., March 24, 2023 /PRNewswire/ -- GITAI USA Inc. (GITAI), the world's leading space robotics startup, conducted a successful demonstration of lunar base construction using two GITAI inchworm-type robotic arms and two GITAI Lunar Robotic Rovers in a simulated lunar environment.

Key Points: 
  • TORRANCE, Calif., March 24, 2023 /PRNewswire/ -- GITAI USA Inc. (GITAI), the world's leading space robotics startup, conducted a successful demonstration of lunar base construction using two GITAI inchworm-type robotic arms and two GITAI Lunar Robotic Rovers in a simulated lunar environment.
  • As the demand for lunar exploration and lunar base construction increases, there is a growing need for safe and affordable labor in space.
  • This ground demonstration test emulates tasks that will be required for future lunar explorations and lunar base constructions using four robots: two inchworm-type robotic arms and two lunar robotic rovers.
  • The following three sets of tests were conducted in the simulated lunar environment in the desert, and all tests were completed successfully:

Tint World® Continues Growth in Texas with Benbrook Location

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Friday, March 24, 2023
Design, Maintenance, Growth, Nano, Safety, Cosmetics, Cassette tape

FORT WORTH, Texas, March 24, 2023 /PRNewswire/ -- Tint World® Automotive Styling Centers™, a leading auto accessory and window tinting franchise, announces the opening of its new location in Benbrook, Texas.

Key Points: 
  • FORT WORTH, Texas, March 24, 2023 /PRNewswire/ -- Tint World® Automotive Styling Centers™ , a leading auto accessory and window tinting franchise, announces the opening of its new location in Benbrook, Texas.
  • Richards is also the owner of Tint World® locations in Grapevine, Texas, and Rowlett, Texas.
  • "Mike has shown a passion for meeting the needs of Tint World® customers throughout North Texas," said Charles J. Bonfiglio, president and CEO of Tint World®.
  • Our innovation and franchisee support help Tint World® owners differentiate themselves from the competition and offer unique opportunities for growth."

Charge Enterprises and Eaton target U.S. fleets to accelerate custom infrastructure for electric vehicle charging solutions with a client-centric, turn-key ecosystem

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Friday, March 24, 2023
Fleet Management, EV, Electric Vehicles, Environment, Automotive, Maintenance, Multimedia, IRA, EVS, Inflation, Inflation Reduction Act of 2022, Safety, Software, Renewable energy

Charge Enterprises, Inc. (Nasdaq: CRGE) (“Charge” or the “Company”), and Eaton , an intelligent power management company, announced today a strategic collaboration to fast-track electric vehicle (EV) charging infrastructure deployment for fleets and car dealers.

Key Points: 
  • Charge Enterprises, Inc. (Nasdaq: CRGE) (“Charge” or the “Company”), and Eaton , an intelligent power management company, announced today a strategic collaboration to fast-track electric vehicle (EV) charging infrastructure deployment for fleets and car dealers.
  • Eaton and Charge are providing complete EV charging infrastructure for fleet electrification, including projects incorporating renewables and enabling net zero models.
  • Eaton will provide EV charging solutions , power distribution equipment and energy storage systems, including its EV chargers and Charging Network Management software .
  • Additionally, Eaton will supply the expert services and innovative products needed to integrate renewables and energy storage into EV charging applications.

Industrial Dust Collector Market to Reach $12.2 Billion, Globally, by 2031 at 4.4% CAGR: Allied Market Research

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Friday, March 24, 2023
Maintenance, Atmosphere, Table, Research report, Medication, Foodservice, Food, Government, Chart, Chemical industry, Dust, Growth, PDF, Health, Safety, Renewable energy

PORTLAND, Ore., March 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Industrial Dust Collector Market by Product Type (Dry Dust Collectors and Wet Scrubber Dust Collectors), Media Type (Woven and Non-woven) and End User (Pharmaceutical, Chemical Industry, Food & Beverage, Textile and Others) Global Opportunity Analysis and Industry Forecast, 2022–2031." According to the report, the global industrial dust collector industry was estimated at $7.9 billion in 2021, and is anticipated to hit $12.2 billion by 2031, registering a CAGR of 4.4% from 2022 to 2031.

Key Points: 
  • The global industrial dust collector market is experiencing growth due to factors such as rapid industrialization and a rise in health and safety concerns.
  • Additionally, the global economy was affected by the pandemic, resulting in a reduction in manufacturing activities worldwide, which had an adverse effect on the global industrial dust collector market.
  • By product type, the dry dust collectors segment accounted for the major share in 2021, garnering nearly three-fourths of the global industrial dust collector market revenue.
  • By region, North America garnered the major share in 2021, accounting for around two-fifths of the global industrial dust collector market revenue.

Industrial Dust Collector Market to Reach $12.2 Billion, Globally, by 2031 at 4.4% CAGR: Allied Market Research

Retrieved on: 
Friday, March 24, 2023
Maintenance, Atmosphere, Table, Research report, Medication, Foodservice, Food, Government, Chart, Chemical industry, Dust, Growth, PDF, Health, Safety, Renewable energy

PORTLAND, Ore., March 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Industrial Dust Collector Market by Product Type (Dry Dust Collectors and Wet Scrubber Dust Collectors), Media Type (Woven and Non-woven) and End User (Pharmaceutical, Chemical Industry, Food & Beverage, Textile and Others) Global Opportunity Analysis and Industry Forecast, 2022–2031." According to the report, the global industrial dust collector industry was estimated at $7.9 billion in 2021, and is anticipated to hit $12.2 billion by 2031, registering a CAGR of 4.4% from 2022 to 2031.

Key Points: 
  • The global industrial dust collector market is experiencing growth due to factors such as rapid industrialization and a rise in health and safety concerns.
  • Additionally, the global economy was affected by the pandemic, resulting in a reduction in manufacturing activities worldwide, which had an adverse effect on the global industrial dust collector market.
  • By product type, the dry dust collectors segment accounted for the major share in 2021, garnering nearly three-fourths of the global industrial dust collector market revenue.
  • By region, North America garnered the major share in 2021, accounting for around two-fifths of the global industrial dust collector market revenue.