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Global semiconductor equipment sales forecasted to reach $139B in 2026: SEMI

Canadian Manufacturing

Global Total Semiconductor Equipment Sales Forecast to Reach a Record of $139 Billion in 2026, SEMI Reports TOKYO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers (OEMs) is forecasted to set a new industry record, reaching $113 billion in 2024, growing 6.5%

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The Global Non-destructive Testing Software Market to Witness Growth with Improved Safety Requirements

Frost & Sullivan Manufacturing

million by 2026 from $503.8 Industry 4.0 technologies, such as cloud computing, artificial intelligence (AI), and machine learning (ML), will enhance existing NDT techniques, paving the way for non-destructive evaluation (NDE) 4.0,” said Ram Ravi, Industry Principal at Frost & Sullivan.

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Top trends in 2024: Experts share key automation trends for Canadian manufacturers in 2024

Automation Mag

The dynamic landscape of Canadian manufacturing is not left untouched by cutting-edge technologies that enhance efficiency, productivity and competitiveness. Digital transformation investment is largely driven today by manufacturers’ increased focus on mining data for business insight. The Manufacturing Institute reports a projected 2.1

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Infineon Receives Approval for Funding Under the EU Chips Act – IPCEI Funding Drives Innovation Projects in Europe Forward

i4.0 today

The Fab opening is planned for 2026. “ We are increasing semiconductor capacity in Europe and thus helping secure stable supply chains in automotive, security and industrial fields.” The total funding for the Dresden site amounts to around one billion euros. Construction began in March 2023 and is progressing successfully.

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Use Robotics to Take a Firm Grip on Production Flexibility

i4.0 today

Even beyond traditional manufacturing, inspection and packaging operations, we see robots fulfilling tasks that extend from mining and space exploration, through to surgery and laboratory research, and even fruit picking. billion by 2026 (up from 27.73 billion in 2020), registering a CAGR of 17.45%. Bespoke solutions.

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Photonic Integrated Circuit Market to Surpass US$50B by 2035

i4.0 today

Photonic Integrated Circuits (PICs) are tiny optical systems manufactured with technology used in the electronic integrated circuit industry. Large demand volumes are required to offset the initial cost of designing and manufacturing PICs, and production lead times can take months. What are the future applications?

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Top Legal Issues Facing the Manufacturing Sector in 2023

Foley

Agility and resiliency remain essential attributes for manufacturers in 2023. Manufacturers are no longer focused on figuring out when things will return to “normal.” While these two trends are common across many industries, perhaps nowhere are they more pronounced than in the automotive industry.