Mitsubishi Electric

Mitsubishi Electric, HACARUS to Expand AI Visual-inspection Business

Retrieved on: 
Monday, January 22, 2024

Mitsubishi Electric Corporation and HACARUS Corporation announced today that they have agreed to expand their collaboration in the development of AI-based visual-inspection applications for manufacturing.

Key Points: 
  • Mitsubishi Electric Corporation and HACARUS Corporation announced today that they have agreed to expand their collaboration in the development of AI-based visual-inspection applications for manufacturing.
  • As part of the agreement, Mitsubishi Electric will take an equity stake in HACARUS.
  • For HACARUS, the collaboration will provide access to Mitsubishi Electric's extensive sales infrastructure in Japan and overseas.
  • In addition to AI development, HACARUS also specializes in integrating AI with various factory automation (FA) devices.

SCADA Market to grow by USD 4.25 billion from 2022 to 2027; Increasing adoption in the manufacturing industry to drive the growth - Technavio

Retrieved on: 
Friday, January 19, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The SCADA market is expected to grow by USD 4.25 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The SCADA market is expected to grow by USD 4.25 billion between 2022 and 2027.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Additionally, the availability of cloud-based solutions from various vendors, focusing on SCADA Security, SCADA Network, SCADA Sensors, SCADA Components, SCADA Architecture, and SCADA Applications, contributes to the growth of this segment.
  • The introduction of such products is expected to significantly impact the expansion of the supervisory control and data acquisition (SCADA) market, including SCADA Industry, SCADA Market Trends, SCADA Deployment, SCADA Maintenance, SCADA Vendors, SCADA Solutions, SCADA Analytics, SCADA Protocols, SCADA Communication Infrastructure, and SCADA for Critical Infrastructure, in the foreseeable future.

Motion Control Market size to increase by USD 5.20 billion during 2022-2027, Integration of motion control systems with digital drives to drive the growth - Technavio

Retrieved on: 
Thursday, January 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The motion control market size is expected to grow by USD 5.20 billion between 2022 and 2027.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- The motion control market size is expected to grow by USD 5.20 billion between 2022 and 2027.
  • The integration of motion control systems with digital drives boosts market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • Machine Vision Systems, Positioning Systems, Acceleration, and Deceleration Control, Motion Amplifiers, and Torque Control Systems contribute to comprehensive motion solutions.

Mitsubishi Electric America Foundation Senior Director Kevin Webb Appointed to Consumer Technology Association Foundation Board

Retrieved on: 
Wednesday, January 10, 2024

Mitsubishi Electric and Mitsubishi Electric America Foundation (MEAF) have announced that senior director Kevin Webb has been appointed to the Consumer Technology Association Foundation (CTA Foundation) board.

Key Points: 
  • Mitsubishi Electric and Mitsubishi Electric America Foundation (MEAF) have announced that senior director Kevin Webb has been appointed to the Consumer Technology Association Foundation (CTA Foundation) board.
  • The foundation is the non-profit arm of the Consumer Electronics Association (CTA) ®, which hosts the annual Consumer Electronics Show (CES) .
  • “CTAF’s mission to provide seniors and people with disabilities with technologies to enhance their lives aligns with Mitsubishi Electric’s purpose to realize a truly sustainable global smart society,” said Kevin Webb, senior director, Sustainability & Social Impact for Mitsubishi Electric, and head of MEAF.
  • Carla Gaouette, Vice President of James Emmett & Co., a disability employment consultant, will join Webb at Mitsubishi Electric’s booth.

Mitsubishi Electric J1 Series Power Semiconductor Modules Optimizes Electric Motorcycle Performance

Retrieved on: 
Wednesday, January 10, 2024

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    LiveWire’s S2 Del Mar® and S2 Del Mar LE® motorcycles are the first in the nation to incorporate Mitsubishi Electric’s advanced electric-power technology.
  • “This reflects our commitment to working with other highly innovative companies to help create a smarter, more sustainable world,” said Adam Falcsik, senior product manager, of Mitsubishi Electric US’s Semiconductor and Device Division.
  • “In addition to eliminating costs for fuel, and reducing maintenance and repair, our electric motorcycles offer single-speed transmission and acceleration capabilities creating a compelling ownership experience for motorcyclists globally.”
    Mitsubishi Electric’s J1 series power semiconductor modules are compact, lightweight, and power-dense silicon-based modules.
  • They are currently used in the automotive industry and are also suitable for various types of electric vehicles.

Global HVAC&R Market Analysis and Forecast to 2028 - A $360.49 Billion Market by 2028 with Competitive Analysis of Johnson Controls, Mitsubishi Electric, Daikin, Lennox & Fujitsu General - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 10, 2024

The "Global HVAC&R Market: Analysis By Type, By End User, By Region Size & Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global HVAC&R Market: Analysis By Type, By End User, By Region Size & Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • In 2022, the global HVAC&R market was valued at US$259.37 billion, and is forecast to reach US$360.49 billion by 2028, with projected growth of a CAGR of 5.64%, during the forecast period of 2023-2028.
  • Machine learning algorithms and artificial intelligence may play a significant role in optimizing system performance and adapting to changing conditions.
  • Trends: One of the most distinct and pervasive trends observed in the global HVAC&R market is growing data centre cooling.

Mitsubishi Electric Highlights Purpose and Core Strategy to Advance a Global, Vibrant and Sustainable Smart Society at CES 2024

Retrieved on: 
Tuesday, January 9, 2024

At this week’s Consumer Electronics Show (CES) in Las Vegas, Mitsubishi Electric will highlight its corporate purpose and core strategy to advance a global, vibrant and sustainable smart society.

Key Points: 
  • At this week’s Consumer Electronics Show (CES) in Las Vegas, Mitsubishi Electric will highlight its corporate purpose and core strategy to advance a global, vibrant and sustainable smart society.
  • View the full release here: https://www.businesswire.com/news/home/20240109912540/en/
    At this week’s Consumer Electronics Show (CES) in Las Vegas, Mitsubishi Electric will highlight its corporate purpose and core strategy to advance a global, vibrant and sustainable smart society.
  • By 2030, its goal is to reduce greenhouse gas emissions from company’s factories and offices by 100% or more.
  • LiveWire S2 Del Mar electric motorcycle spotlights how Mitsubishi Electric’s semiconductor products contribute to the world’s electrification and the future of transportation.

Mitsubishi Electric to Support Earthquake Relief in Noto Peninsula

Retrieved on: 
Tuesday, January 9, 2024

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 30 million yen (approximately US$200,000) to aid victims of earthquakes that struck Noto Peninsula in Japan.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) announced today that it will donate a total of 30 million yen (approximately US$200,000) to aid victims of earthquakes that struck Noto Peninsula in Japan.
  • The donation will be made through the Japanese Red Cross Society.
  • The company also plans to make additional donations through Mitsubishi Electric SOCIO-ROOTS Fund, a gift-matching program which matches and doubles donations from employees.
  • The Mitsubishi Electric Group expresses its deepest sympathies to all those affected by the disaster and extends its very sincerest wishes for a speedy recovery.

Drylab Photo Printing Market worth $0.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

The wired segment holds the largest market share of connectivity in the drylab photo printing market during the forecast period.

Key Points: 
  • The wired segment holds the largest market share of connectivity in the drylab photo printing market during the forecast period.
  • Above 6 inches, print width of drylab photo printing to register the highest CAGR between 2024- 2029.
  • The drylab photo printing market for the Asia Pacific region to register the highest CAGR between 2024 and 2029.
  • The proliferation of these companies in the Asia Pacific drylab printing market underscores the region's increasing recognition of the technological advancements and superior benefits of drylab photo printing.

Drylab Photo Printing Market worth $0.4 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

The wired segment holds the largest market share of connectivity in the drylab photo printing market during the forecast period.

Key Points: 
  • The wired segment holds the largest market share of connectivity in the drylab photo printing market during the forecast period.
  • Above 6 inches, print width of drylab photo printing to register the highest CAGR between 2024- 2029.
  • The drylab photo printing market for the Asia Pacific region to register the highest CAGR between 2024 and 2029.
  • The proliferation of these companies in the Asia Pacific drylab printing market underscores the region's increasing recognition of the technological advancements and superior benefits of drylab photo printing.