article thumbnail

Top Trends in Machine Health Monitoring for 2024

ATS

Growth in machine health monitoring The machine condition monitoring market is experiencing remarkable growth, driven by the need for predictive maintenance and the proliferation of Industry 4.0 billion by 2029, at a CAGR of 8.3% from 2024 to 2029. technologies. technologies.

article thumbnail

Southwest Research Institute to make robot programming more user friendly with SWORD

Robotics Business Review

Source: Southwest Research Institute An industry push for more automation is advancing the Robot Operating System, or ROS, beyond the academic and manufacturing domains into agriculture, automotive, retail, healthcare and more. We also recognize that the usability of robotics software is still an impediment to even higher levels of adoption.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5G’s role in the adoption of enterprise augmented reality

Control Engineering

Augmented reality (AR) insights 5G was seen as a key enabler of digital transformation in enterprises and of the overall Industry 4.0 paradigm, but 5G-enabled Industry 4.0 The literature on enterprise AR within Industry 4.0 However, 5G-enabled Industry 4.0 AR within Industry 4.0

article thumbnail

Weekly RoundUp – Avoiding Maintenance Downtime, Auto Industry Hinting Towards Normalcy, Manufacturing Technology Orders Up – Week of 11/14/22

HGR Inc.

Additionally, battery electric vehicle nameplates grow from 20% of the mix in 2023 to 46% of the mix in 2029. An electro-optic turret, which attaches to the belly of an aircraft, being built in Raytheon Intelligence & Space’s new factory in north Texas, a facility with numerous Industry 4.0

article thumbnail

Automation mergers, acquisitions, capital markets analysis: October 2022

Control Engineering

Automation market: While numerous industries are experiencing difficulties due to economic challenges, the Bundy Group team sees no signs of slowing automation market growth over the next few years. In a June 2022 report , HFS pointed out that “COVID-19 was a wake-up call for firms that had not yet implemented Industry 4.0

article thumbnail

Demand for EV and Linux firmware projects spurs rapid growth

i4.0 today

billion by 2029. The high calibre of their work means that businesses see us as reliable partners with over 80% of our projects coming from repeat business or client referral.” Valued at USD 5.33 billion in 2021, the global Linux market is projected to grow from USD 6.27 billion in 2022 to USD 22.15