Search results for: 'transform 2024'

Industrial production lines are undergoing transformation to adapt to the competitive market. As factory of the future becomes real, inter-connected devices autonomously enable flow of data, allowing automated analysis. Automation requires machines that are highly technologically advanced to derive reliable results. With manufacturing shop floors ...

Industrial artificial intelligence (AI) has emerged as a transformative force in manufacturing and process industries, revolutionizing traditional approaches to automation, process optimization, and decision-making. The technology's impact spans 3 core application domains: Product Innovation, enabling value creation through AI-enhanced products and...

08 Oct 2024  |  Global  |  Market Research

Condition Monitoring Equipment Market, Global, 2024–2028

The Integration of Internet of Things and Data Analytics in Asset Monitoring Drives Transformational Growth

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The Frost & Sullivan analysis of the global condition monitoring equipment market provides a comprehensive view of the industry's growth, focusing on the three major techniques: vibration analysis, lubricating oil analysis, and thermography. The report delves into the market size of each of these three types and provides a detailed breakdown by key...

The concept of creating a replica of equipment or a system, or physical asset called digital twin is gaining interest in the manufacturing sector. Technologies such as artificial intelligence, advanced software platforms, communication, big data analytics, and sensors are enabling improvements in efficiency and productivity. Mixed reality, holograp...

This study explores the potential growth opportunities for AGVs and AMRs in discrete manufacturing industries. The emphasis on improving operational efficiencies is driving customers to increasingly adopt Industry 4.0 technologies. Moreover, there is a trend toward mass customization in industries such as automotive, electronics, and semiconductors...

The COVID-19 pandemic outbreak has resulted in a global economic downturn, as countries imposed movement control orders and shut down businesses. Similar to most other markets worldwide, the demand for industrial robots is forecast to plummet in 2020. The high initial costs and lack of supportive infrastructure are likely to impede market growth in...

The monolithic architecture is prevalent in industrial and manufacturing software development and deployment. Rigid and complex to modify, a monolithic application is a large code repository where changes or updates require manual installation and scheduled downtime. Patches are also released during the release cycle, which can take months. A singl...

07 Oct 2025  |  Global  |  Market Research

Industrial Hybrid AI Market, Global, 2024–2029

Industrial Hybrid AI Market is Experiencing Transformational Growth due to the Urgency for Adaptive Intelligence in Critical Decision-Making

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Hybrid AI is an integrative approach reshaping how AI is applied to mission-critical applications. Its potential lies in addressing the critical limitations of current AI solutions, with key market drivers including enhanced interpretability and explainability, greater application flexibility, and improved scalability and efficiency. Strong growth ...

This study explores the potential growth opportunities for global industrial inspection robotics. The emphasis on workforce safety and customers' growing interest in automation are significant drivers for adopting robots for inspection services, which are being deployed across several industries, including oil and gas, utility, chemicals, railways,...