Industry News

01/08/2024
The Christmas season and its traditions may have faded into memory, but one traditional Christmas icon now has a metal counterpart that will last for many Christmases to come.
12/12/2023
Allied Machine and Engineering, a leading manufacturer of holemaking and finishing cutting tools for the metal cutting industry, celebrates 50 years of Wohlhaupter’s MultiBore, the world’s first modular boring system.
12/11/2023
Collaboration with BMW, Decathlon, and others accelerates adoption and scale of more sustainable manufacturing.
11/29/2023
The Energy Management System (EMS) market in 2022 was valued at $41.62 billion, and is expected to reach $132.77 billion by 2030 at a CAGR of 15.60% over the forecast period 2023-2030. 
11/28/2023
The integration of Industry 4.0 principles, such as Internet of Things, is driving the demand for engineering polymers used in smart manufacturing equipment and sensors. The materials need to withstand harsh industrial environments.
11/27/2023
According to a recent study on “Iron Powder Market Forecast to 2030,” the iron powder market size was valued at $1.8 billion in 2022 and is expected to reach $2,88 billion by 2030.
11/24/2023
A recent market study shows that the predictive maintenance market is expected to grow from $5.3 billion in 2021 to $26.5 billion by 2028. The market is anticipated to grow at a CAGR of 27.4% from 2022 to 2028. 
11/22/2023
Howard Community College (HCC) in Columbia, Md., has launched an $11 million capital campaign in support of a new campus-based workforce development and skilled trades center. 
11/21/2023
Siemens Digital Industries Software and Ricoh have begun a collaboration to realize the industrial aluminum Binder Jetting (BJT) solution for mass production.
11/20/2023
Netlogistik hosted its first annual Innovation Day for the US on November 8 in Grapevine, Texas. The company invited leaders and experts from throughout the supply chain and logistics industry to provide attendees with a "transformative experience."
11/17/2023
According to a recent research study, the demand of global 3D Motion Capture System Market size & share was valued at approximately $340 Million in 2022 and is expected to reach $373 Million in 2023 and continue to grow through the decade to reach a value of around $670 Million by 2032.
11/16/2023
The  Monthly Leasing and Finance Index is a survey of 25 companies representing a cross-section of the $1 trillion equipment finance sector that shows, in near real-time, that the overall new business volume for September was $9.7 billion, down 5 percent year-over-year from new business volume in September 2022.
11/10/2023
The robot market, in terms of revenue, was estimated to be worth $74.10 billion in 2022 and is poised to reach $231.48 billion by 2030, growing at a CAGR of 15.3% from 2022 to 2030 according to a new report published by The Insight Partners.
11/09/2023
The chillers market is expected to grow from $9.97 billion in 2022 to $14.87 billion by 2030; registering a CAGR of 5.1% from 2022 to 2030,according to a new report.
11/08/2023
Rising costs and supply chain disruptions are rated top concerns by over 50% of manufacturers surveyed for a new report of North American manufacturers. Automation leads to 30% higher revenue growth in face of rising costs and supply chain disruption.
11/07/2023
Strategic design for pressure-reducing aerospace applications protect mission-critical systems
11/06/2023
The global carbon steel market size is anticipated to reach $1.2 trillion by 2030 at a CAGR of 3.72%, according to a new report.
11/03/2023
The Low-Speed Electric Vehicle Market Forecast and Global Analysis to 2030 report found that the market is expected to grow from $5.52 billion in 2022 to $8.48 billion by 2030; and is anticipated to grow at a CAGR of 5.5% from 2022 to 2030.
11/03/2023
The Global Industrial Cleaning Solvents Market is estimated to grow from $1.1 billion in 2022 to $1.4 billion by 2028, at a CAGR of 4.3%, as per the recent study by MarketsandMarkets. The demand for industrial cleaning solvents increased due to speedy industrial development, increased demand by end-use industries, and hygiene initiatives at a place of work.
10/31/2023
The global CNG compressors market size was valued at $3.46 billion in 2023 and is projected to grow to $5.92 billion by 2030, exhibiting a CAGR of 8% during the forecast period (2022-2030).