Search results for: 'knowledge driven intelligent tools'

06 Aug 2026  |  Global  |  Market Research

Machine Tools Sector, Global, 2023–2030

The Shift to High-precision and Multi-functional Machines is Driving Transformational Growth

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This study provides an in-depth understanding of the machine tools industry. It discusses the key trends and challenges faced by machine tool manufacturers, in addition to providing forecasts until 2030. The study provides a region-wise breakdown with discussions on key industries. Machine tool manufacturing is being reshaped by a combination of di...

17 Jan 2020  |  Asia Pacific  |  Market Research

Asia-Pacific Machine Tool Market, Forecast to 2023

Manufacturing Industries Shifting Toward Low-cost Production, Coupled with Globalization of Markets, is Propelling the Consumption of Machine Tools in Asia-Pacific

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Growing per-capita income of middle-class consumers has led to a rise in spending on goods. To meet the demand and grab the opportunity in the Asian market, manufacturing industries are investing in new production plants and machines. Additionally, low-cost manufacturing competitiveness such as lower labor costs, young populations, and low cost of ...

The additive manufacturing sector has seen significant growth in recent years owing to growing demand for customized products and complex geometries in various sectors, including automotive, defense, aerospace, consumer electronics, manufacturing, and energy. AI has a wide range of applications in additive manufacturing at various levels and is a k...

This RS analyses the trends in the global machine tools and cutting tools market, particularly the trend of increased investment in automobile, aerospace and defence, and civil construction sectors in Brazil, Russia, India, and China (BRIC). The driving forces, such as the exploration of new oil and gas fields and the expansion of the mining indust...

Intelligent automation is driven by artificial intelligence (AI) technologies. In industrial operations, AI acts as the catalyst to increase the productivity in the operations. Three types of artificial technology are identified as a game-changer in industrial operations in which these technologies are digitalizing and streamlining the value chain ...

This study examines the future of the process automation market, analyzing the shift from traditional hardware-centric systems to software-defined, AI-driven autonomous operations within process and hybrid industries. The research employs ISA-95 technology layer segmentation to assess market evolution and competitive dynamics across oil & gas, chem...

The COVID-19 pandemic marked a major global change, revolutionizing manufacturing. Political tensions, such as the US-China conflict and the Russo-Ukrainian war; economic uncertainties, such as high inflation rates and de-dollarization initiatives; and continuous supply chain disruptions force manufacturers to invest in technology to secure reliabl...

27 Oct 2021  |  Global  |  Market Research

Global Manufacturing Execution Systems (MES) Growth Opportunities

Paperless Shop Floors Drive the Evolution of Intelligent Machines in Process, Discrete, and Hybrid Industries

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The increase in volume of data within a shop floor and the complexity of networking within a plant requires systems that make the flow of data easy to handle. Manufacturing Execution System (MES), is considered the heart of data within the process, discrete, and hybrid industries. MES is the layer of controller software that connects the Enterpr...

AI maturity, implementation, and AI-enabled or AI-augmented operations are increasing year over year, moving from pilot to production. Because AI delivers the biggest business outcomes, it is a top outcome driver. The impact of AI can be seen in quality control and computer vision in smart manufacturing as well. AI-powered visual inspection transfo...