Mitsubishi Electric

Mitsubishi Electric US, Inc. Expands Elevator and Escalator Call Center

Retrieved on: 
Wednesday, August 17, 2022 - 5:00pm

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220817005213/en/
    Representatives of Mitsubishi Electric US, Inc. join in a ribbon cutting at the new Elevator and Escalator Division call center in Cypress, California.
  • Pictured (left to right): Jared Baker, senior vice president, HR and administration, Mitsubishi Electric US, Inc.; Masahiro Oya, chairperson, Mitsubishi Electric US, Inc.; John Faure, senior director, service and labor relations department, Mitsubishi Electric US, Inc.
  • Elevator and Escalator Division; Mike Corbo, president and CEO, Mitsubishi Electric US, Inc.; Erik Zommers, senior vice president and general manager, Mitsubishi Electric US, Inc.
  • Elevator and Escalator Division (Photo: Business Wire)
    Vertical transportation needs are growing as construction volume has picked up and the existing US elevator and escalator inventory ages.

Industrial Automation and Control Systems Market to be Worth $288.93 Billion by 2028: Grand View Research, Inc.

Retrieved on: 
Wednesday, August 17, 2022 - 2:30pm

Industrial automation includes the use of control systems like computers or robots, along with information technology to replace humans in various operations and machinery in industry.

Key Points: 
  • Industrial automation includes the use of control systems like computers or robots, along with information technology to replace humans in various operations and machinery in industry.
  • Read 130-page full market research report, " Industrial Automation And Control Systems Market Size, Share & Trends Analysis Report By Component (Industrial Robots, Control Valves), By Control System (DCS, PLC, SCADA), By Vertical, By Region, And Segment Forecasts, 2021 - 2028 ", published by Grand View Research.
  • Industrial automation and control systems companies are entering into mergers, acquiring, and collaborating with other companies to increase their abilities.
  • Grand View Research has segmented the global industrial automation and control systems market based on component, control system, vertical, and region:
    Industrial Automation and Control Systems Market - Component Outlook (Revenue, USD Billion, 2018 - 2028)

Industrial Automation and Control Systems Market to be Worth $288.93 Billion by 2028: Grand View Research, Inc.

Retrieved on: 
Wednesday, August 17, 2022 - 2:30pm

Industrial automation includes the use of control systems like computers or robots, along with information technology to replace humans in various operations and machinery in industry.

Key Points: 
  • Industrial automation includes the use of control systems like computers or robots, along with information technology to replace humans in various operations and machinery in industry.
  • Read 130-page full market research report, " Industrial Automation And Control Systems Market Size, Share & Trends Analysis Report By Component (Industrial Robots, Control Valves), By Control System (DCS, PLC, SCADA), By Vertical, By Region, And Segment Forecasts, 2021 - 2028 ", published by Grand View Research.
  • Industrial automation and control systems companies are entering into mergers, acquiring, and collaborating with other companies to increase their abilities.
  • Grand View Research has segmented the global industrial automation and control systems market based on component, control system, vertical, and region:
    Industrial Automation and Control Systems Market - Component Outlook (Revenue, USD Billion, 2018 - 2028)

Global Automotive Power Module Market Report 2022: Over Half of the Market Revenues Contributed by Top 3 Market Leaders

Retrieved on: 
Monday, August 15, 2022 - 7:30pm

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year.

Key Points: 
  • This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year.
  • As a result of the decline in overall vehicle sales compared to the previous year, it is projected that the market for automotive power modules will experience consistent expansion.
  • Increasingly, the market for electric vehicles (EVs) is becoming recognised as an essential component of the automotive industry.
  • With almost 55% of the total market share, Asia-Pacific region remained as the largest market for automotive power modules in 2021.

Electric Power Transmission and Distribution Equipment Market Report 2022: A $381 Billion Market by 2027 - Global Trends, Opportunities and Competitive Analysis - ResearchAndMarkets.com

Retrieved on: 
Monday, August 15, 2022 - 1:35pm

The "Electric Power Transmission and Distribution Equipment Market: Trends, Opportunities and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Electric Power Transmission and Distribution Equipment Market: Trends, Opportunities and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
  • The global electric transmission and distribution equipment market is expected to reach an estimated $381 billion by 2027 with a CAGR of 5.4% from 2021 to 2027.
  • The future of the electric transmission and distribution equipment market looks promising with opportunities in the power utilities, residential, commercial, and industrial sectors.
  • Growth Opportunities: Analysis on growth opportunities in different end use, product type, voltage, and regions for the electric transmission and distribution equipment market.

The Worldwide Industrial Automation Software Industry is Expected to Reach $59.5 Billion by 2029

Retrieved on: 
Monday, August 15, 2022 - 1:00pm

The industrial automation software market is expected to reach $59.5 billion by 2029, growing at a CAGR of 7.4% during the forecast period 2022-2029.

Key Points: 
  • The industrial automation software market is expected to reach $59.5 billion by 2029, growing at a CAGR of 7.4% during the forecast period 2022-2029.
  • Based on product type, the global industrial automation software market is segmented into enterprise-level software and plant-level software.
  • In 2022, the plant-level software segment is expected to account for the largest share of the global industrial automation software market.
  • In 2022, the on-premise segment is expected to account for the largest share of the global industrial automation software market.

Motion Control Market size worth $ 23.2 Billion, Globally, by 2030 at 5.5% CAGR: Verified Market Research®

Retrieved on: 
Friday, August 12, 2022 - 3:15pm

JERSEY CITY, N.J., Aug. 12, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Motion Control Market" By End-Users (Aerospace And Defense, Automotive), By Component (Actuators And Mechanical Systems, Ac Drives), and By Geography. According to Verified Market Research, the Motion Control Market size was valued at USD 15.2 Billion in 2021 and is projected to reach USD 23.2 Billion by 2030, growing at a CAGR of 5.5% from 2022 to 2030.

Key Points: 
  • JERSEY CITY, N.J., Aug. 12, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Motion Control Market " By End-Users (Aerospace And Defense, Automotive), By Component (Actuators And Mechanical Systems, Ac Drives), and By Geography.
  • According to Verified Market Research, the Motion Control Market size was valued at USD 15.2 Billion in 2021 and is projected to reach USD 23.2 Billion by 2030, growing at a CAGR of 5.5% from 2022 to 2030.
  • However, the high value related to replacement and maintenance might impede the expansion of the Motion Control Market throughout the forecast period.
  • Verified Market Research has segmented the Global Motion Control Market On the basis of End-Users, Component, and Geography.

Motion Control Market size worth $ 23.2 Billion, Globally, by 2030 at 5.5% CAGR: Verified Market Research®

Retrieved on: 
Friday, August 12, 2022 - 3:15pm

JERSEY CITY, N.J., Aug. 12, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Motion Control Market" By End-Users (Aerospace And Defense, Automotive), By Component (Actuators And Mechanical Systems, Ac Drives), and By Geography. According to Verified Market Research, the Motion Control Market size was valued at USD 15.2 Billion in 2021 and is projected to reach USD 23.2 Billion by 2030, growing at a CAGR of 5.5% from 2022 to 2030.

Key Points: 
  • JERSEY CITY, N.J., Aug. 12, 2022 /PRNewswire/ -- Verified Market Research recently published a report, " Motion Control Market " By End-Users (Aerospace And Defense, Automotive), By Component (Actuators And Mechanical Systems, Ac Drives), and By Geography.
  • According to Verified Market Research, the Motion Control Market size was valued at USD 15.2 Billion in 2021 and is projected to reach USD 23.2 Billion by 2030, growing at a CAGR of 5.5% from 2022 to 2030.
  • However, the high value related to replacement and maintenance might impede the expansion of the Motion Control Market throughout the forecast period.
  • Verified Market Research has segmented the Global Motion Control Market On the basis of End-Users, Component, and Geography.

Global Automotive Power Module Market Report 2022: Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021-2030 - ResearchAndMarkets.com

Retrieved on: 
Friday, August 12, 2022 - 12:44pm

The "Automotive Power Module Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Power Module Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
  • Increasingly, the market for electric vehicles (EVs) is becoming recognised as an essential component of the automotive industry.
  • With almost 55% of the total market share, Asia-Pacific region remained as the largest market for automotive power modules in 2021.

Collaborative Robots Market Size Worth $11.04 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Tuesday, August 9, 2022 - 1:00pm

SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ --The global collaborative robots market size is anticipated to reach USD 11.04 billion by 2030, exhibiting a CAGR of 31.5% over the forecast period, according to a new report published by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ --The global collaborative robots market size is anticipated to reach USD 11.04 billion by 2030, exhibiting a CAGR of 31.5% over the forecast period, according to a new report published by Grand View Research, Inc.
  • The growth can be attributed to the growing inclination of industries toward collaborative robots or cobots to automate manufacturing processes.
  • Key market players include ABB Group, EPSON Robots, DENSO Robotics, Energid Technologies Corporation, Fanuc Corporation, F&P Robotics AG, MRK-Systeme GmbH, and KUKA AG
    Read 171-page market research report, " Collaborative Robots Market Size, Share & Trends Analysis Report By Payload Capacity, By Application (Assembly, Handling, Packaging, Quality Testing), By Vertical, By Region, And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
  • Grand View Research has segmented the global collaborative robots market based on payload capacity, application, vertical, and region:
    Collaborative Robots Market - Payload Capacity Outlook (Revenue, USD Billion, 2018 - 2030)