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Artificial intelligence is no longer a futuristic concept in the automotive industry its the core enabler of transformation. tariffs, force car manufacturers to rethink their valuechains, AI offers a powerful impetus to enhance efficiency , reduce costs , and future-proof operations. Read on to learn more.
China’s Dominance in Automotive Sales and EV Growth China leads the light vehicle market: 31.8% As a powerhouse in the global automotive industry, China is transforming vehicle innovation, electrification, and connectivity. The country’s automotive sales nearly double that of the United States, marking an impressive 11.2%
The Automation Revolution: 8 Key Forces Driving Growth in Smart Factories As industries race toward full automation, 2025 is emerging as a defining year for industrial transformation. AI-driven systems, cloud-powered analytics, and ultra-fast connectivity are converging to reshape factory operations and optimize supply chains.
A variety of industries — automotive, healthcare, food and beverages, and beyond — are leveraging innovative eco-friendly manufacturing solutions by harnessing sustainable materials.
The two companies will conduct joint research and development (R&D) activities in AR-powered smart factory operations, immersive digital experience for frontline workers, and AI support for a future automotive factory. Overall, the partnership will drive increased productivity, accuracy, speed, and safety of frontline production workers.
Next Generation Manufacturing Canada (NGen) announced $35 million in funding and launched a new call for project proposals targeting the entire valuechain of road-based battery and fuel-cell electric vehicles and their respective systems and components.
Using cobots (collaborative robots) and fully autonomous production lines to accelerate output while reducing manufacturing defects, ensuring a competitive edge for businesses that adopt AI-driven automation. Reinventing AI-driven procurement strategies to sidestep bottlenecks and price fluctuations.
Mitsubishi Electric is showcasing how its automation technologies can drive the entire electric vehicle valuechain forward at the North East Automotive Expo 2022, taking place on 29th September 2022. Mitsubishi Electric Europe, Industrial Automation – UK Branch is located in Hatfield, United Kingdom.
A look at the state of affairs in the automotive industry reveals that the overall international situation is compelling not only individual manufacturing companies but also entire industrial nations to fundamentally rethink their strategies. Kckler: Whether it’s the U.S., Asia or Europe.
Accenture and Mujin have created a joint venture to help bring robotics and automation to the manufacturing and logistics industries. Called Accenture Alpha Automation, the new venture is owned 70% by Accenture and 30% by Mujin. Accenture Alpha Automation officially started operating on Jan. 15, 2024. .
Leveraging multiple companies within the group, including Linde LienHwa, Mitac, and Getac, the Lien Hwa group is strategically positioning itself in the hydrogen mobility valuechain, spanning hydrogen generation and supply, fuel cell stack manufacturing, system integration, vehicle assembly, and aftersales service.
Frost & Sullivan’s recent analysis finds that the widespread adoption of Society of Automotive Engineers (SAE) Level 2 (L2) and above autonomous features pushes OEMs to collaborate with multiple technology participants and start-ups to enable autonomous vehicle evolutions.
Polymer manufacturers , equipment providers , and end-users are collaborating more than ever, with automation being the key driver of this shift. This is bringing a transformation across the valuechain, emphasizing data-driven insights and monetization. And the best part? Many new and exciting growth opportunities.
STUTTGART and TORONTO — Mercedes-Benz is partnering with the Ontario Vehicle Innovation Network (OVIN), the Government of Ontario’s flagship initiative for the automotive and mobility sector. The aim of the MoU is to strengthen cooperation across the electric vehicle valuechain.
Melbourne -based advanced manufacturer ANCA has launched industry first automation technology capable of helping companies combat rising costs, while also addressing the growing skill shortage. . A recent report commissioned by tech giant Google found automation could deliver a $2.2 Media Release by ANCA.
trends disrupt the automotive industry, vehicles are increasingly becoming defined by software. Curated sessions will assess the business and technical implications of the automotive industry’s transition from “steels and wheels” to software and services. As connectivity, autonomous, shared, and electric (C.A.S.E.)
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San Antonio, TX — October 9, 2024 — Frost & Sullivan recently researched the intelligent automation industry and, based on its findings, recognizes Bosch with the Technology Innovation Leadership Award. Bosch’s intelligent automation platform was designed for transparency and productivity to focus manual intervention.
The automotive industry is undergoing a period of mass transformation that has never been seen before, with many challenges to face. Denso has also collaborated with major organizations like Toshiba to develop a machine learning system for image recognition to help achieve advanced driver assistance and automated driving.
For more information on how automakers are reimagining the onboard customer experience in automated vehicles, please access our research report – Global Life on Board in Automated Vehicles Growth Opportunity , or contact Sathyanarayana Kabirdas at sathyanarayanak@frost.com for information on a private briefing. billion by 2035.
It doesn’t matter whether the topic is automotive electrification or e-mobility, climate change or sustainability. At the K, the M&M team will display new developments in more sustainable solutions, automotive electrification and e-mobility, robotics, consumer electronics, sporting goods, footwear, and more. . E-mobility .
Gamble continued: “Automotive industrials should prioritize automation to improve quality, reduce OT costs, and build workforce flexibility; use advanced connectivity for reliable, real-time connectivity; and build or partner with a solution provider to create industry-focused tools. Media Contact: Sol Curet. Corporate Communications.
That transformation is happening against the backdrop of global megatrends, including a shrinking global workforce , an increasing appetite for e-commerce, and a fundamental need for sustainability and resilience — including in supply chains. Generative AI has the potential to be a game changer.
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Comau has agreed to collaborate with multiple industry-leading companies, at an international level, addressing the need for affordable automation to drive advanced on-demand manufacturing applications.
For automotive companies, fully autonomous vehicles are a holy grail. In essence, therefore, by being purpose built, Dojo is likely to be far more effective in training AI neural networks and deep learning models required to push Tesla towards fully automated vehicles. From all these perspectives, Dojo will be a critical asset.
The trend in the auto industry points to a world which is EACSY, short form for electrified, automated, connected, shared, yearly update,” said Latha Chembrakalam, head of Technical Centre India, Continental Automotive India, at the India Altair Technology Conference 2022. Digital twin can be used in automobile.
Honda has announced its plan to invest $15 billion in Canada to build a comprehensive EV valuechain. The proposed Honda EV valuechain will also include a cathode active material and precursor (CAM/pCAM) processing plant through a joint venture partnership with POSCO Future M Co.,
An example of a trend and complementary strategies is the recent investment in electrification for automotive and aerospace by several levels of government in Canada. The trend in electrification investment is coordinated throughout the valuechain – from critical minerals to OEMs to recycling.
Companies in the Automotive industry have always been at the forefront of innovative manufacturing practices. This approach equips them to face evolving market demands as well as supply chain challenges. For example, it is one of the most automated sectors, having invested heavily in digital technologies over the past decades.
Next-generation automotive, imaging, IoT, 5G, computing and storage applications are driving strong demand for greater analog and mixed-signal content in next-generation SoCs. Mixed-Signal functional verification is increasingly vital for our sophisticated designs targeted for the imaging and automotive industries.
18, 2022 – The automotive industry accounts for nearly a quarter of global greenhouse gas emissions. Beyond zero-emission vehicles and carbon-neutral manufacturing, long-term roadmaps embrace a more holistic vision of sustainability that spans the entire valuechain. San Antonio – Aug. Nils Steinbrecher, Managing Director, TES.
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Frost & Sullivan’s recent analysis finds that the widespread adoption of Society of Automotive Engineers (SAE) and above autonomous features pushes OEMs to collaborate with multiple technology participants and start-ups to enable autonomous vehicle evolutions.
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I had a “lightbulb moment” when an executive from a leading automotive OEM asked this question during our Smart Simulation Summit in Michigan, 2022. As the automotive industry evolves to become more agile and simultaneously scale up electric vehicle (EV) production, this problem is likely to become even more acute.
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“Establishing a standardized certification for Additive Manufacturing (AM) service providers will help streamline industry efforts to develop a robust AM supply chain,” says Paul Wolcott, senior engineer for additive manufacturing at General Motors. “We
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The transaction marks a further milestone in the implementation of Klöckner & Co’s corporate strategy “Klöckner & Co 2025: Leveraging Strengths” whereby the company is consistently expanding its product and service portfolio along the valuechain towards customers. The post Klöckner & Co.
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