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RuggON Showcases AI-Driven Rugged Fleet Solutions at WasteExpo 2025, Empowering Smarter & Greener Waste Management

RuggON Showcases AI-Driven Rugged Fleet Solutions at WasteExpo 2025, Empowering Smarter & Greener Waste Management

Yahoo05-05-2025

LAS VEGAS, May 5, 2025 /CNW/ -- RuggON, a subsidiary of Ubiqconn Technology and a leading provider of rugged mobile computing solutions, is proud to announce its participation at WasteExpo 2025, North America's premier waste and recycling event. At Booth #879, RuggON will unveil its next-generation AI-powered vehicle mount computers and fleet solutions tailored for waste management operators seeking to digitize, optimize, and decarbonize their operations.
Amid growing global demand for sustainability in urban infrastructure, RuggON's ruggedized solutions provide waste fleets with real-time vehicle diagnostics, intelligent route planning, and proactive maintenance capabilities. Through seamless integration with CAN bus and SAE J1939 standards, these vehicle mount computers enable instant access to operational data and AI-assisted safety alerts, such as blind spot detection and driver monitoring — reducing risks on the road and boosting driver accountability.
Built for the toughest environments, RuggON's vehicle-mounted platforms meet military-grade standards for shock and vibration resistance, ensuring performance in the most demanding waste collection conditions. With LEOs, 5G, 4G/LTE, and WiFi connectivity onboard, waste fleet operators can transmit and receive critical data across systems with speed and reliability, facilitating decisions that reduce downtime, lower emissions, and extend vehicle life cycles.
"We're excited to demonstrate how our rugged solutions empower the waste industry to embrace digital transformation while staying aligned with sustainability goals," said Tim Tsai, North America CEO of Ubiqconn. "Our technologies are not just built for durability — they're built for a cleaner future."
RuggON is proud to be driving innovation in waste management. By empowering frontline operators with reliable, AI-powered solutions, we're not just supporting cleaner cities—we're helping build a smarter, more sustainable future.
About RuggON
RuggON Corp., a subsidiary of Ubiqconn Technology, is a leading manufacturer of rugged mobile computing solutions. Combining Ubiqconn's advanced technology to drive innovation and expand in the Mobile Industrial (IioT) market, RuggON leverages decades of expertise to improve mobile productivity in harsh environments. A committed engineering team delivers devices of exceptional value and quality that enhance user experience. The company understands the diverse demands of industries to provide tailored, efficient solutions. RuggON is dedicated to higher standards for customer satisfaction and prides itself on offering endless possibilities to meet tomorrow's needs. For more information, visit http://www.ruggon.com or follow us on LinkedIn.
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Smart Manufacturing Market Size worth $787.54 Billion, Globally, by 2030 - Exclusive Report by The Research Insights
Smart Manufacturing Market Size worth $787.54 Billion, Globally, by 2030 - Exclusive Report by The Research Insights

Yahoo

time29-05-2025

  • Yahoo

Smart Manufacturing Market Size worth $787.54 Billion, Globally, by 2030 - Exclusive Report by The Research Insights

CHICAGO, May 29, 2025 /PRNewswire/ -- The global Smart Manufacturing Market Size is projected to be valued at USD 297.20 billion in 2023 and reach USD 787.54 billion by 2030, growing at a CAGR of 14.9% according to a new report by The Research Insights. Key drivers of the smart manufacturing market growth consist of Industry 4.0 technology adoption such as IoT, AI, and robotics together with rising demands for automated operations and operational efficiency alongside government digital transformation initiatives and the requirement for real-time data-based decision-making. The report runs an in-depth analysis of market trends, key players, and future opportunities. In general, the Smart Manufacturing Market growth of 14.9% comprises a vast array of, Component, Technology, End-Use and Geography which are expected to register strength during the coming years. For More Information and To Stay Updated on The Latest Developments in The Global Smart Manufacturing Market Share, Download FREE Sample Pages: Market Overview and Growth Trajectory: Smart Manufacturing Market Growth: According to an exhaustive report by The Research Insights, the Smart Manufacturing Market is experiencing significant growth. The rise of smart manufacturing systems and solutions stems from the necessity to optimize resource utilization along with reducing waste. The "Manufacturing USA" government initiative strengthens market growth through enhanced research and development efforts that target manufacturing technologies including machine condition monitoring and AI. New technologies including human machine interface and edge computing function as growth-driving factors by reducing manufacturing downtime and boosting productivity with modern automated production techniques. Rapid Adoption of Industry 4.0 Technologies:Industry 4.0 principles drive the global smart manufacturing market through their emphasis on automation and real-time data exchange along with cyber-physical systems integration into manufacturing processes. The manufacturing sector is undergoing major transformations due to advancements in Industrial Internet of Things (IIoT), artificial intelligence (AI), robotics, digital twins, and edge/cloud computing technologies. Manufacturers now utilize advanced technologies to monitor and process production data in real-time which results in predictive maintenance capabilities and process optimization through autonomous decision-making. Embedded sensors in machines detect faults early which prevents downtime while improving equipment effectiveness and cutting operational expenses. AI-powered analytics together with machine learning models deliver practical insights for supply chain management as well as inventory control and demand forecasting. Digital transformation advances productivity and quality while driving innovation throughout the automotive, aerospace, electronics, and pharmaceutical industries. For Detailed Market Insights, Visit: Demand for Operational Efficiency and Cost Reduction:Manufacturers today must enhance their operational efficiency while reducing waste and optimizing resource utilization to survive in a volatile and globally competitive economic environment. Smart manufacturing creates solutions through its ability to build production systems that are both highly adaptive and agile. Every production phase benefits from decision-making improvements through advanced analytics and real-time monitoring starting at design and continuing through delivery. Manufacturing automation eliminates human mistakes and lowers labor expenses while speeding up production timelines as data analysis enhances both energy conservation and resource utilization. Smart energy management systems utilize usage pattern analysis to optimize electric consumption for various machines across multiple work shifts. Smart systems empower lean manufacturing which facilitates just-in-time production that lowers inventory expenses while enhancing adaptability to market fluctuations. Industries that produce high quantities of products while operating with limited financial buffers require these capabilities to maintain market competitiveness. Companies from various industries now direct more investments toward smart manufacturing to achieve competitive advantage while ensuring resilience and maintaining cost-effectiveness. Government Initiatives and Public-Private Partnerships:National governments worldwide implement strategic policies and funding programs alongside incentives to promote smart manufacturing adoption. Germany's "Industrie 4.0," China's "Made in China 2025," and the United States' "Manufacturing USA" collectively aim to modernize their domestic manufacturing sectors through digitization and workforce upskilling while advancing technological development. Substantial public R&D investments and tax incentives for new technology adoption along with industry-research grants define these initiatives. Governments are boosting their recognition of smart manufacturing as a key factor for boosting national competitiveness while securing supply chains and meeting sustainability goals. As part of wider climate objectives, smart technologies designed to boost energy efficiency while decreasing emissions receive various forms of support and incentives. The policies both speed up smart technology adoption in traditional manufacturing environments and expand market access by reducing the entry barriers for SMEs. Stay Updated on The Latest Smart Manufacturing Market Trends: Geographical Insights: In 2022 the Asia Pacific region had the most significant market share in the industry at 36.7%. The growth rate in this region stands out as the highest among all during the forecasted period. India and China represent emerging markets with immense potential for smart manufacturing and are actively pursuing full automation capabilities. The goal of these countries is to become self-reliant in production capabilities and manufacturing systems which drives them to make substantial investments in Industry 4.0 technology. Latin America stands to achieve an impressive CAGR of 15.3% throughout the forecast adoption of innovation and automation technologies in Latin America's market is accelerating which results in a substantial transition to smart manufacturing. The ongoing technological revolution in this region is producing growth opportunities at an unmatched speed. The easy access to raw materials in Latin America serves as a key factor in promoting smart manufacturing technologies while boosting market growth. Global Smart Manufacturing Market Segmentation and Geographical Insights: Based on Component, the smart manufacturing market size is divided into Hardware, Software, and Services. The software segment has emerged as a leading contributor to the overall revenue, accounting for approximately 49.6% share in 2022. Based on Technology, the smart manufacturing market size is divided into Machine Execution Systems, Programmable Logic Controller, Enterprise Resource Planning, SCADA, Discrete Control Systems, Human Machine Interface, Machine Vision, 3D Printing, Product Lifecycle Management, and Plant Asset Management. The discrete control segment dominated the market share in 2022, accounting for a significant portion at 16.1%. Over the forecast period, this segment is expected to continue its lead as it provides an essential backbone for the overall system. Based on End Use, the smart manufacturing market size is divided into Automotive, Aerospace & Defense, Chemicals & Materials, Healthcare, Industrial Equipment, Electronics, Food & Agriculture, Oil & Gas, and Others. The automotive sector has consistently demonstrated its resilience, garnering over 24% of total revenue share in 2022. According to forecasts, this segment is poised for significant growth, with a projected CAGR of 15.6%. The Smart Manufacturing Market size is segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Purchase Premium Copy of Global Smart Manufacturing Market Size and Growth Report (2023-2030) at: Key Players and Competitive Landscape: The Global Smart Manufacturing Market is characterized by the presence of several major players, including: ABB Ltd. Siemens General Electric Rockwell Automation Inc. Schneider Electric Honeywell International Inc. Emerson Electric Co. Fanuc UK Limited These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market. Global Smart Manufacturing Market Recent Developments and Innovations: In December 2024: ABB from Switzerland partnered with Engineering Software Steyr GmbH from Austria to advance automotive paint shop automation. The partnership between ABB and Engineering Software Steyr GmbH combines Steyr's paint shop simulation tools with ABB's RobotStudio platform to optimize operations and improve sustainability in automotive manufacturing. In October 2024: The German industrial giant Siemens recently signed an acquisition deal to take control of Altair Engineering Inc. from the United States which specializes in industrial simulation and analysis software. The acquisition will boost Siemens' position in industrial software by improving its AI-driven design and simulation tools and accelerating digital and sustainable transformation efforts. In October 2024: Mitsubishi Electric Corporation from Japan made an investment in Formic Technologies Inc. The startup from the United States provides subscription-based industrial robotics solutions. This partnership seeks to reduce automation costs and increase accessibility so manufacturers can overcome workforce shortages. In September 2024: SAP (Germany) completed the purchase of WalkMe Ltd. (US) to incorporate WalkMeX technology into SAP's Joule copilot for enhanced intelligent workflow assistance based on situational awareness. The acquisition enables SAP to further refine user experience while advancing software adoption and fostering business transformation. In August 2024: Cisco Systems Inc., a U.S. corporation has completed the acquisition of Roboust Intelligence Inc. Cisco Systems (US) solidifies its dedication to responsible AI by adding advanced AI security and governance into its Security Cloud which enhances defenses against emerging AI threats. By accelerating innovation and streamlining operational processes organizations can now deploy AI applications with greater security and confidence. For Region-Specific Market Data, Check Out Brief Sample Pages: Smart Manufacturing Market Report Scope Report Attribute Details Market size value in 2023 USD 297.20 billion Revenue forecast in 2030 USD 787.54 billion Growth rate CAGR of 14.9% from 2023 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered By Component, By Technology, By End-Use, By Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa Key companies profiled ABB Ltd; Siemens; General Electric; Rockwell Automation, Inc.; Schneider Electric; and, Honeywell International Inc., among others. Frequently Asked Questions (FAQs): 1. What is the forecasted market size of the Smart Manufacturing Market in 2030? The forecasted market size of the Smart Manufacturing Market is USD 787.54 billion in 2030. 2. Who are the leading players in the Smart Manufacturing Market? The key players in the Smart Manufacturing Market include, ABB Ltd; Siemens; General Electric; Rockwell Automation, Inc.; Schneider Electric; and Honeywell International Inc., among others. 3. What are the major drivers for the Smart Manufacturing Market? The expansion of industrial automation is propelled by multiple core elements as Industry 4.0 technologies gain wider acceptance and governments increase support for automation while manufacturing processes increasingly integrate automated systems. 4. Which is the largest region during the forecasted period in the Smart Manufacturing Market? The Asia Pacific Smart Manufacturing Market is expected to dominate the Global Smart Manufacturing Market, as it is expected to represent more than 36.7% of global market revenues. 5. Which is the largest segment, by component, during the forecasted period in the Smart Manufacturing Market? The software segment has emerged as a leading contributor to the overall revenue, accounting for approximately 49.6% share during the forecast period. Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: Conclusion: The global smart manufacturing market experiences a deep transformation through the integration of advanced technologies like Industrial Internet of Things (IIoT), artificial intelligence, cloud computing, and advanced data analytics. Real-time decision-making capabilities along with predictive maintenance functions and improved process optimization techniques now serve various industrial sectors through these technological advances. Manufacturers turn to intelligent systems that automate processes and establish machine-to-machine communication while utilizing data analysis because they face increasing demands to improve operational efficiency and ensure supply chain resilience and sustainable practices. The combination of cyber-physical systems with digital twins drives rapid progression towards manufacturing environments that are both agile and responsive. The long-term success of Industry 4.0 smart factories depends on workforce upskilling, strong cybersecurity measures, and scalable digital infrastructure. The global production landscape is experiencing a transformation due to smart manufacturing which boosts productivity while minimizing expenses and stimulating innovation across various established and new industries. The report from The Research Insights, therefore, provides several stakeholders— manufacturers, technology providers, system integrators, regulatory bodies, industry associations, and end-use industries—with valuable insights into how to successfully navigate this evolving market landscape and unlock new opportunities. With projected growth to US$ 787.54 billion by 2030, the Global Smart Manufacturing Market represents a significant opportunity for startups, venture capital firms, research institutions, digital transformation consultants, and IoT/AI platform developers, can position themselves for success in this dynamic and evolving market landscape. Check out more related studies published by The Research Insights: Artificial Intelligence in Manufacturing Market: The Global Artificial Intelligence in Manufacturing Market is expected to reach at USD 47.88 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 46.5% during the forecast period. Advanced production facility technologies fuel the current trend as advanced analytics, augmented and virtual reality experiences, intelligent packaging solutions and additive manufacturing methods serve as key contributors Manufacturing Automation Market: The Global Manufacturing Automation Market is expected to reach at USD 23.96 billion by 2030, according to a new report by The Research Insights. It is projected to expand at a CAGR of 9.7% during the forecast period. This trajectory is driven by a trifecta of factors including, Industry 4.0's transformative impact, the widespread adoption of next-generation networks (NGNs), and an unwavering focus on optimizing resource utilization and efficiency. U.S. Smart Manufacturing Market - The U.S. smart manufacturing market is poised for significant growth, with an estimated value of USD 62.26 billion in 2023. Projected at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2030, this sector is expected to expand substantially over the next seven years. The primary driver behind this momentum is the widespread adoption of Industry 4.0 technologies. Governments are increasingly providing support for these initiatives, while manufacturers are emphasizing automation in their production processes. Browse More related reports on Technology Industry Market Reports – About Us: The Research Insights provides thoroughly conducted research which is backed up by real-time statistics and data. Our experts are eager to help you with any information required under the sun. The key to our success is keeping abreast with the markets, industries, and ever-changing consumer trends that matter. Our market research professionals have in-depth knowledge and expertise across various domains that includes IT and Telecom, Emerging Technologies, Consumer Offerings, Manufacturing and Others. We are committed to reviewing the scope and procedure of the research studies that you select and provide you with an accurate guidance in order to assist you in taking the correct business decisions. Contact Us:If you have any queries about this report or if you would like further information, please contact us: Contact Person: Kaushik RoyE-mail: sales@ +1-312-313-8080Press Release: Latest News: | | Logo: View original content: SOURCE The Research Insights Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Factory Automation Market to Approach USD 370 Billion by 2034, Growing at 6.5% CAGR
Factory Automation Market to Approach USD 370 Billion by 2034, Growing at 6.5% CAGR

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time28-05-2025

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Factory Automation Market to Approach USD 370 Billion by 2034, Growing at 6.5% CAGR

Factory Automation (FA) Market Outlook (2025–2034) Luton, Bedfordshire, United Kingdom, May 28, 2025 (GLOBE NEWSWIRE) -- Market Overview The global factory automation (FA) market is projected to grow from USD 200 billion in 2024 to nearly USD 370 billion by 2034, expanding at a CAGR of 6.5% over the forecast period. The market is witnessing accelerated growth due to the widespread integration of Industry 4.0 technologies such as the Industrial Internet of Things (IIoT), Artificial Intelligence (AI), and robotics, which are reshaping modern manufacturing ecosystems. Get a Sample PDF Brochure: Key Market Insights Base Year (2024): USD 200 Billion Forecast Year (2034): USD 370 Billion CAGR (2025–2034): 6.5% Historical Period: 2020–2023 Forecast Period: 2025–2034 Largest Regional Market: Asia-Pacific (45% market share) Market Drivers 1. Adoption of Industry 4.0 The integration of Industry 4.0 principles is one of the most significant drivers of growth in the factory automation market. This industrial revolution is transforming traditional manufacturing into smart, interconnected systems by leveraging technologies such as the Industrial Internet of Things (IIoT), Artificial Intelligence (AI), machine learning, and advanced robotics. These technologies enable real-time monitoring, predictive maintenance, autonomous decision-making, and seamless machine-to-machine communication, significantly improving productivity and process optimization. The rising interest in digital twins and cyber-physical systems is further accelerating the deployment of smart factory solutions across various industries. 2. Operational Efficiency and Productivity Gains Automation plays a critical role in enhancing operational efficiency, reducing production downtime, and improving overall equipment effectiveness (OEE). Automated systems allow for faster production cycles, higher throughput, and greater accuracy, which is vital for manufacturers dealing with tight deadlines and high variability in demand. In an increasingly volatile global supply chain environment, automation enables rapid adjustments, ensuring continuity and resilience in manufacturing operations. 3. Government Incentives and Policy Support Governments across the globe are promoting automation through a range of policy initiatives, financial incentives, and subsidy programs. For example, policies like 'Made in China 2025', 'Make in India', Germany's 'Industrie 4.0', and tax incentives in North America are designed to modernize domestic manufacturing capabilities and encourage investment in advanced technologies. These programs often support R&D, workforce training, and infrastructure development, which helps lower the barriers to automation adoption, particularly among small and medium-sized enterprises (SMEs). 4. Rising Demand for Mass Customization The shift in consumer preferences towards personalized products is fueling the demand for flexible and modular manufacturing systems. Traditional production lines are no longer sufficient to meet the needs of dynamic markets. Instead, manufacturers are investing in automation solutions that allow for rapid reconfiguration, multi-product processing, and on-demand production, thus enabling mass customization at scale. This trend is particularly prominent in industries such as automotive, electronics, and consumer goods, where customer expectations for tailored products are growing rapidly. Market Challenges 1. High Initial Capital Investment One of the primary barriers to the adoption of factory automation is the substantial upfront cost associated with acquiring, installing, and integrating automated systems. This includes not only the hardware (robots, sensors, control systems) but also the software, networking infrastructure, and required retrofitting of existing facilities. These capital requirements are particularly challenging for SMEs, which may lack the financial resources or risk tolerance to make such long-term investments without guaranteed returns. 2. Workforce Skill Gaps The transition to smart manufacturing demands a highly skilled workforce capable of managing complex automation systems, programming industrial robots, analyzing data, and ensuring cybersecurity. However, there is a significant shortage of trained personnel in fields such as automation engineering, mechatronics, and industrial AI. This skills gap slows down the pace of automation adoption and limits the ability of companies to fully exploit the benefits of digital transformation. 3. Regulatory and Compliance Complexities Navigating the evolving landscape of industrial regulations, safety standards, and environmental compliance poses another challenge for manufacturers. Different countries and regions have varying standards regarding machinery safety (e.g., CE marking in Europe, OSHA in the U.S.), data protection, and energy efficiency, which can complicate system design and deployment. Keeping up with these changes requires additional resources, and non-compliance can result in penalties, delays, or recalls. 4. Supply Chain Disruptions The global supply chain vulnerabilities witnessed in recent years, due to events such as the COVID-19 pandemic, geopolitical tensions, and semiconductor shortages, have exposed risks in sourcing critical automation components. These disruptions can delay installation schedules, increase costs, and reduce the availability of key equipment like programmable logic controllers (PLCs), sensors, and motors. Integration timelines for new automation projects are often extended as manufacturers struggle to secure essential parts, which in turn affects production scalability and timelines. Browse full Report - Market Segmentation By Component Component Market Share Key Insight Sensors ~25% Integral for real-time data and predictive maintenance. Actuators ~15% Essential for precision motion in robotics and control systems. Robotics — Backbone of automated production lines and warehousing. Industrial Control Systems — Foundational for automated decision-making and system monitoring. HMIs & Safety Components — Enable operator interaction and maintain operational safety. By Technology Technology Market Share Notable Trends PLCs ~18% Proven reliability and adaptability across industrial environments. SCADA — Centralized control and monitoring of industrial processes. IIoT ~20% Rapid growth driven by smart manufacturing and digital transformation. DCS, MES — Real-time production control and execution optimization. By Application Application Market Share Description Process Automation ~30% Drives consistency and efficiency across batch and continuous operations. Discrete Automation ~20% Supports high-volume, varied product manufacturing, especially in electronics. Others — Includes quality control, logistics, and supply chain automation. By Industry Industry Market Share Key Insights Automotive ~25% Transition to electric and autonomous vehicles accelerates automation use. Food & Beverage ~20% Ensures compliance, safety, and traceability across production lines. Electronics, Pharma, Oil & Gas, Chemicals — Increasingly reliant on automation for precision and productivity. By Deployment Type On-Premises Cloud-Based – growing due to scalability, remote access, and lower upfront costs. By End-User End-User Market Share Insight Small and Medium Enterprises (SMEs) ~30% Increased adoption driven by falling costs and modular automation solutions. Large Enterprises — Major investors in end-to-end digital transformation initiatives. Regional Analysis Asia-Pacific (45% Market Share in 2024) The Asia-Pacific region continues to lead the global factory automation market, accounting for nearly 45% of the total market share in 2024. This dominance is largely attributed to the region's rapid pace of industrialization, coupled with favorable economic and demographic factors. Countries like China, Japan, South Korea, and India are at the forefront of this growth, each contributing significantly through major investments in manufacturing modernization and industrial digitalization. China plays a pivotal role, driven by government-led initiatives such as "Made in China 2025," which encourages widespread adoption of intelligent manufacturing and robotics. Japan and South Korea are global leaders in precision manufacturing and robotics, backed by a strong ecosystem of industrial automation technology providers. Meanwhile, India is emerging as a key player due to initiatives like 'Make in India,' increased FDI in manufacturing, and a growing emphasis on industrial upskilling and smart factories. Additionally, the region benefits from a large labor force, expanding middle-class population, and growing demand for consumer goods, all of which drive the need for automated, efficient, and scalable production systems. Ongoing investments in infrastructure, such as industrial parks and smart cities, further reinforce Asia-Pacific's leading position in the global automation market. North America (25% Market Share in 2024) North America holds a substantial share of the factory automation market, estimated at around 25% in 2024. This region is characterized by early and aggressive adoption of advanced automation technologies, including robotics, Industrial IoT (IIoT), AI-driven analytics, and cloud-based automation platforms. The United States leads the regional market due to its highly developed manufacturing infrastructure, robust research and development ecosystem, and strategic focus on innovation. Automation adoption in North America is driven by labor shortages, rising production costs, and increasing demand for high-quality, customized products. Key sectors utilizing automation include automotive, electronics, pharmaceuticals, and food and beverage industries. The presence of global technology leaders such as Rockwell Automation, Honeywell, and General Electric further stimulates innovation in the region. Additionally, government support for reshoring manufacturing and investments in digital transformation under initiatives like the CHIPS and Science Act contribute to sustained market growth. Europe ( 20% Market Share in 2024) Europe accounts for around 20% of the global factory automation market, supported by its strong tradition of high-quality manufacturing and stringent environmental and safety regulations. The region is known for its early adoption of energy-efficient automation solutions, sustainable manufacturing practices, and highly integrated production environments. Germany, Italy, and France are the leading contributors in Europe. Germany, in particular, is recognized as a global automation hub due to its leadership in engineering and automotive manufacturing, underpinned by initiatives like 'Industrie 4.0.' Italy and France also play crucial roles with their advanced machinery production and growing adoption of robotics in industrial operations. European manufacturers emphasize precision, efficiency, and environmental responsibility. As such, automation solutions in this region often integrate features like predictive maintenance, digital twins, and decarbonization tools. Moreover, collaborative efforts between governments, industry associations, and academic institutions support the development and deployment of cutting-edge automation technologies across the region. Buy Now : Emerging Trends and Opportunities Predictive Maintenance: Widespread adoption driven by IoT-based condition monitoring and machine learning analytics. Digital Twins: Enabling real-time system simulation, testing, and optimization. Sustainable Manufacturing: Automation aiding in energy savings, waste reduction, and regulatory compliance. Flexible Manufacturing Systems (FMS): Rising demand for product personalization driving investments in flexible automation. Expansion into New Verticals: Pharma, renewable energy, and logistics are increasingly adopting automation to meet precision and scalability needs. Competitive Landscape Siemens Rockwell Automation Schneider Electric ABB Mitsubishi Electric Honeywell Emerson Electric Fanuc Corporation KUKA Omron Corporation Bosch Rexroth General Electric Yokogawa Electric Corporation Beckhoff Automation Recent Developments: 1. Siemens: Launch of Enhanced TIA Portal for Integrated Automation In October 2023, Siemens introduced an updated version of its Totally Integrated Automation (TIA) Portal. This advanced software platform is designed to streamline communication between machines, systems, and personnel on production floors. The latest iteration incorporates AI-driven predictive maintenance and improved interoperability, enabling manufacturers to optimize production efficiency and reduce downtime. This development aligns with the industry's shift towards Industry 4.0, offering a competitive edge to early adopters seeking to modernize their facilities. 2. Rockwell Automation and Microsoft: Integration of Generative AI in Automation Design In October 2023, Rockwell Automation and Microsoft expanded their longstanding partnership to accelerate industrial automation design and development through generative artificial intelligence (AI). The collaboration integrates Microsoft's Azure OpenAI Service into Rockwell's FactoryTalk® Design Studio™, enabling engineers to generate code using natural language prompts. This innovation aims to automate routine tasks, improve design efficiency, and expedite time-to-market for customers building industrial automation systems. The partnership addresses challenges such as skilled labor shortages and is poised to set new standards in automation technologies. 3. ABB: Acquisition of Real Tech for Enhanced Water Monitoring Solutions In January 2024, ABB acquired Real Tech, a Canadian company specializing in innovative optical sensor technology for real-time water monitoring and testing. This strategic acquisition enhances ABB's portfolio in smart water management solutions, allowing for more precise and efficient monitoring of water quality. The integration of Real Tech's technology is expected to provide customers with advanced tools for environmental monitoring, reflecting ABB's commitment to sustainability and innovation in industrial automation. 4. Honeywell: Development of Honeywell Forge for Industrial Analytics In June 2023, Honeywell announced the development of Honeywell Forge for Industrial, an advanced analytics software designed to optimize performance across various industrial sectors. This software incorporates AI and machine learning, allowing companies to monitor critical equipment in real time and reduce operational disruptions. The technological advancement aligns with industry trends towards predictive maintenance and enhanced operational efficiency, setting a new benchmark in analytics capabilities. 5. Mitsubishi Electric: Expansion of Manufacturing Facilities in India In December 2023, Mitsubishi Electric India inaugurated a new manufacturing facility for advanced factory automation systems in the Talegaon Industrial area, Maharashtra. The facility, backed by a greenfield investment of ₹220 crore, spans 40,000 square meters and is designed to meet the growing demand for advanced automation and smart manufacturing solutions in India. The plant aims to enhance local manufacturing capabilities, reduce delivery times, and support the 'Make in India' initiative by providing energy-saving equipment and solutions that utilize automation technology. This report is also available in the following languages : Japanese (ファクトリーオートメーション(FA)市場), Korean (공장 자동화(FA) 시장), Chinese (工厂自动化(FA)市场), French (Marché de l'automatisation industrielle (FA)), German (Markt für Fabrikautomatisierung (FA)), and Italian (Mercato dell'automazione di fabbrica (FA)), etc. Get a Sample PDF Brochure: More Research Finding –Ethernet PHY Chips MarketThe Ethernet PHY chips market is projected to be valued at approximately $3.5 billion in 2024, with significant growth anticipated during the forecast period from 2025 to 2034, potentially reaching around $6.8 billion. This indicates a robust Compound Annual Growth Rate (CAGR) of roughly 7% over the next decade, driven by increasing demand for faster, more reliable networking Surface Mount Solid State Relays MarketThe global market for Surface Mount Solid State Relays (SSR) is valued at approximately $1.2 billion, driven by increasing demand in industries such as automotive, telecommunications, and automation. The market is expected to grow significantly, with projections estimating it will reach around $2.3 billion by 2034, reflecting robust adoption across various applications such as lighting controls and HVAC Air Cargo & Freight Logistics MarketThe global air cargo and freight logistics market is valued at approximately $150 billion, driven by increasing e-commerce demands and globalization of supply chains. The market is projected to reach around $250 billion by 2034, reflecting a robust growth trajectory. The Compound Annual Growth Rate (CAGR) for the forecast period from 2025 to 2034 is estimated at 5.3%, spurred by advancements in technology and automation in logistics System on Module SOM MarketThe Global System on Module (SOM) market is valued at approximately $1.75 billion in 2024, with projections indicating a robust growth trajectory, aiming to reach around $4.5 billion by 2034. This represents a Compound Annual Growth Rate (CAGR) of about 9.5% during the forecast period from 2025 to Biped Robot MarketThe global biped robot market is poised for significant growth, currently valued at approximately $6.3 billion in 2024. The market is projected to reach around $15.2 billion by 2034, growing at a robust Compound Annual Growth Rate (CAGR) of about 9.1% from 2025 to 2034. This growth trajectory is driven by advancements in robotics technologies, increasing demand for automation in various sectors, and rising investments in research and OHT for Semiconductor Manufacturing Lines MarketThe global Overhead Transport (OHT) market for semiconductor manufacturing lines is valued at approximately $2.3 billion in 2024. It is expected to reach $4.9 billion by 2034, indicating significant growth driven by the increasing demand for advanced semiconductor technologies and miniaturization in electronic devices. The projected Compound Annual Growth Rate (CAGR) for this period is approximately 8.1%. Parcel Separator MarketThe global parcel separator market is valued at approximately $1.35 billion in 2024 and is projected to reach around $2.6 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 7.1% during the forecast period from 2025 to Servo System Controller MarketThe global servo system controller market is projected to reach approximately $8.5 billion in 2024, driven by increasing automation in manufacturing processes and advancements in robotics technology. As industries seek to enhance precision and efficiency, the demand for sophisticated servo controllers is expected to intensify. The market is forecasted to expand significantly, with an estimated value of around $13.2 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of about 4.8% during the period from 2025 to Magnetic Angle Encoder IC MarketThe global magnetic angle encoder integrated circuit (IC) market is poised for significant growth, with an estimated market value of approximately $1.2 billion in 2024. This market is projected to reach around $2.3 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of about 7.2% during the forecast period from 2025 to Magnetic Encoder Chip MarketThe global magnetic encoder chip market is valued at approximately $2.1 billion in 2024 and is projected to reach around $3.5 billion by 2034, reflecting a robust growth trajectory. This translates to a Compound Annual Growth Rate (CAGR) of about 5.2% during the forecast period from 2025 to Piezoelectric Actuators MarketThe global piezoelectric actuators market is projected to reach a value of approximately $3.6 billion in 2024, driven by the increasing demand across industries such as automotive, healthcare, and aerospace. The market is expected to grow significantly, with a compounded annual growth rate (CAGR) of around 7.2% during the forecast period from 2025 to 2034, potentially reaching $7.4 billion by 3C Smart Peripheral Products MarketThe global 3C smart peripheral products market is valued at approximately $150 billion in 2024, with projections indicating significant growth, reaching around $250 billion by 2034. This represents a Compound Annual Growth Rate (CAGR) of around 5.2% over the forecast period from 2025 to 2034, driven by increased consumer demand for interconnected devices and smart technology Photoelectric Sensors MarketThe global photoelectric sensors market is valued at approximately $3.5 billion in 2024 and is projected to reach around $5.8 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of about 5.2% during the forecast period from 2025 to Surface Inspection Equipment MarketThe global surface inspection equipment market is valued at approximately $4.5 billion in 2024, with an anticipated growth trajectory leading to a projected market value of around $8.2 billion by 2034. This forecast indicates a Compound Annual Growth Rate (CAGR) of approximately 6.5% from 2025 to Integration Platform as a Service iPaaS Future TrendsThe Global Integration Platform as a Service (iPaaS) market is valued at approximately $8.2 billion, driven by the increasing need for organizational agility and operational efficiency. The market is forecasted to reach around $20.5 billion by 2034, indicating substantial growth Low-Voltage Differential Signaling LVDS Chip Future TrendsThe global Low-Voltage Differential Signaling (LVDS) chip market is valued at approximately $3.1 billion in 2024, with expectations to reach around $5.6 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of approximately 6.4% during the forecast period of PID Temperature Regulators MarketThe global PID temperature regulators market is poised to reach an estimated value of $2.5 billion in 2024, driven by increasing demand across industries such as manufacturing, HVAC, and food processing. The market is projected to grow at a robust Compound Annual Growth Rate (CAGR) of 8.5% from 2025 to 2034, reaching approximately $5 billion by the end of the forecast Software Testing MarketThe global software testing market is poised for significant growth, valued at approximately $50 billion in 2024. Projections indicate that the market will reach about $110 billion by 2034, reflecting the critical importance of quality assurance in increasingly complex software environments. The anticipated Compound Annual Growth Rate (CAGR) for the period from 2025 to 2034 is estimated to be around 8.1%, driven by the ongoing digital transformation across Special Equipment Manufacturing MarketThe global special equipment manufacturing market is projected to reach approximately USD 250 billion in 2024. This sector encompasses a diverse array of industries, including construction, mining, and specialized machinery. The market is expected to exhibit robust growth, reaching an estimated value of USD 425 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 5.3% from 2025 to CONTACT: Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio

PLANET Developing Intelligent Industrial Networking Solutions for IoT, AIoT and ITS Applications
PLANET Developing Intelligent Industrial Networking Solutions for IoT, AIoT and ITS Applications

Yahoo

time28-05-2025

  • Yahoo

PLANET Developing Intelligent Industrial Networking Solutions for IoT, AIoT and ITS Applications

TAIPEI, May 28, 2025 /PRNewswire/ -- As we see more IoT in smart cities and Intelligent Transportation Systems development in major areas across the United States, a network solution is needed to deliver fast, reliable, and secure operation. PLANET Technology has long established itself as the world's leader in providing high-performance industrial networking solutions for a wide range of applications, and this year at COMPUTEX in Taipei, we showcased a comprehensive range of advanced networking technology to meet the demand. About PLANET Technology Established in 1993 and headquartered in Taiwan, PLANET has become a leading global brand in IP network transmission technology. Its product and solution portfolio includes a comprehensive range of advanced, user-friendly network technologies that support IoT, IIoT, and AIoT intelligent network infrastructures, delivering innovative and reliable enterprise and industrial networking solutions. We have established close and long-term partnerships with our clients and distribution partners in more than 160 countries. Over the years, PLANET has won numerous awards and recognitions, including multiple Taiwan Excellence Awards, and was listed in the 2024 Forbes Asia 200 Best Under a Billion. Built to Provide High Performance in Harsh Environments For over 30 years, PLANET has delivered rugged industrial PoE networking solutions built for high performance in harsh environments. Products like the 95W EMC-certified Managed Switch (IGS-6329-8UP2S4X) meet EN61000-6-2/-6-4 and EN50121-4 railway standards and operate in extreme temperatures and weather conditions. The new IMS-6325-5 Industrial Modular Ethernet Chassis Switch adds scalability and sustainability with interchangeable modules that support easy upgrades and component reuse. To advance industrial automation, PLANET offers protocol-based networking solutions, including a Time Sensitive Networking (TSN) 10G Managed Switch, Modbus TCP, PROFINET, Serial Device Servers, and EtherCAT, forming a secure, high-speed foundation for intelligent manufacturing systems. Secure Network for the Future of Smart Cities and ITS As cities increasingly adopt intelligent networking, PLANET introduced 802.3bt 95W PoE devices with 2.5G/10G capabilities to support the expansion of wireless connectivity. Paired with 5G NR Cellular Gateway, Outdoor Unit (ODU), or Wi-Fi VPN Security Router, these devices enable the delivery of high-performance, secure data transmission for large-scale applications such as healthcare and commercial construction. PLANET's Industrial PoE Managed Switches are ideal for surveillance systems that demand reliable and stable network performance. Equipped with Intelligent PoE Management, these switches can monitor power usage, schedule PoE delivery, and perform PD alive checks to automatically reboot unresponsive devices, such as IP cameras, ensuring continuous and efficient operation. To meet the evolving needs of intelligent transportation systems (ITS), PLANET's new ITS Series Industrial L3 PoE Managed Switches comply with EN50155, EN45545-2, and IEC 61373 standards. With rugged features like 10G M12 ports, bypass relay, and ERPS for network redundancy, they ensure stable operations in railways and other transportation systems. Efficiently Manage All Connected Networking Devices PLANET networking devices can be centrally managed through the Universal Network Management Central Controller (UNC-NMS), the Enterprise-class Universal Network Management Controller (NMS-500/NMS-1000V), and the innovative NMSViewerPro app. These tools enable administrators to efficiently manage devices via the cloud, analyze big data in real time, and enhance computing efficiency, cybersecurity, and energy-saving performance, supporting carbon reduction goals. All these features can further be managed flexibly with the new CloudNMS, which utilizes a secure cloud server for admins to monitor the network without the need to be linked to a management controller. Pioneering Sustainable Networking Solutions Demonstrating leadership in sustainability, PLANET integrates AIoT with energy-efficient network systems. Its AIoT Application Server supports protocols such as LoRa, Wi-Fi, HaLow, and Modbus for real-time data status, energy consumption, ESG reporting, and renewable energy monitoring. PLANET is also the first in the industry to launch a Renewable Power PoE Managed Switch (BSP-360), enabling off-grid operations by powering networks with renewable energy, a major step toward carbon neutrality and power independence. Committed to ESG and Sustainable Development Since its founding, PLANET has actively championed ESG values to drive sustainable corporate development. The company emphasizes strong corporate governance, environmental sustainability, and social engagement, working toward goals such as 2050 Net Zero Carbon Emissions, a sustainable supply chain, and biodiversity protection. Throughout the years PLANET has achieved several major milestones including ISO 14067 Product Carbon Footprint verified, ISO 14064-1 greenhouse gas (GHG) inventory verified, the highest B score among global SMEs in Carbon Disclosure Project (CDP), joined the Science Based Targets initiative (SBTi), and also its first Climate and Nature Report has been assured with the highest maturity based on the Task Force on Climate-related Financial Disclosures (TCFD) framework, just to name a few. PLANET's ESG efforts have earned multiple honors, including the Excellent Corporate in CSR, Top 1 in Excellence in Corporate Social Responsibility, and the Humane Entrepreneurship Award. Looking ahead, PLANET remains dedicated to a long-term, strategic commitment to global citizenship and sustainable value creation. To learn more about PLANET Technology, visit For questions and inquiries: sales@ CONTACT: PLANET Technology, +886-2-22199518, mkt@ View original content to download multimedia: SOURCE PLANET Technology Corporation

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