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China’s machinery market suffered mixed fortunes in the first half of 2018, with more downward pressure expectedAugust 20, 2018Even with strong 8.1 percent year-over-year growth, China's machinery production is growing at a slightly slower rate in 2018 than that it did in 2017. Machinery production in China will continue to rise at a compound annual growth rate (CAGR) of 7.5 percent from 2018 to 2022.
Rev Up Your Robots: Domestic Service Robots Revitalized by Intelligent Navigation Technologies, Says IHS MarkitSeptember 04, 2017The vigorous adoption of service robots is driven by performance upgrades in the appliances, especially in the domestic market.
Professional Service Robots Replacing Human Workers Around the World, IHS Markit SaysOctober 13, 2016As technology improves and as prices fall, professional service robots are increasingly doing jobs formerly handled by human workers.
Domestic Service Robots on the Rise, IHS Markit SaysAugust 31, 2016The domestic service robot market is forecast to grow at a compound annual growth rate of 17 percent, from 5 million units shipped in 2015 to more than 12 million units in 2020, according to IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.
As Utilities Get Smarter, Smart Meter Semiconductors Rise, IHS SaysAugust 18, 2015The global market for semiconductors used in smart meters that provide two-way communications between meters and utilities will continue to expand in the coming years, providing significant growth opportunities semiconductor manufacturers. Shipments of communicating meters are forecast to reach 132 million units in 2015 and 150 million units in 2019, according to IHS Inc.
2014 Was a Banner Year for the Global Industrial Semiconductor Market, IHS SaysMay 20, 2015Worldwide industrial semiconductor revenues grew by 18 percent year over year in 2014, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
IHS Forecasts Double-Digit Sales Growth for PV Inverter Chips, Over the Next Three YearsMay 11, 2015According to IHS, amid increased awareness and demand for energy-efficient products, revenue from semiconductors used in PV inverters amounted to $387.1 million last year, a year-over-year increase of 9 percent.
China and US Boost Worldwide Industrial Semiconductor Market in 2014November 19, 2014Continuing strength in China and a resurgent U.S. economy are combining to drive accelerated growth in the worldwide market for semiconductors used in industrial applications this year, according to IHS Technology (NYSE: IHS).
Positive Q1 Performance Puts Industrial Electronics Chips on the Right TrackJuly 28, 2014Industrial electronics semiconductors made small but important gains in the first quarter this year, affirming continued strength for a sector that had been battered only two years ago, according to a new report from IHS Technology (NYSE: IHS).
Industrial Electronics Chip Market Rebounds, Invigorated by Resurgent ActivityApril 11, 2014Powered by the freshly fueled gears of reviving economies, the global market for semiconductors used in industrial electronics applications overcame a serious fall in 2012 and roared back to life last year, boding well for an even more energetic 2014, according to a new report from IHS Technology
A Failure to Communicate: Disconnect Between Equipment Purchasers and Factory Operators Costs Manufacturers BillionsApril 08, 2014A lack of communication—combined with a short-sighted fixation on holding down factory capital expenditures—is incurring massive energy-inefficiency costs for manufacturers during the lifetimes of their production facilities, according to IHS Technology
Industrial Automation Equipment to See Stronger Growth in 2014 after Two Mediocre YearsApril 08, 2014After sputtering for the last two years, the global market for industrial automation equipment (IAE) is poised for stronger growth in 2014, aided by strengthening economies as well as technological innovations that will boost demand, according to a new report from IHS Technology (NYSE: IHS).
Rise of the Machines: Industrial Machinery Market Growth to Double in 2014April 07, 2014High demand for machines in manufacturing sectors ranging from auto making to packaging will push the industrial machinery market to new heights during the next five years, highlighted by a doubling of growth this year, according to a new report from IHS Technology.
Industrial Electronic Chip Market Turns Around in 2013 with Double-Digit GrowthFebruary 06, 2014The worldwide market for industrial electronics semiconductors ended 2013 on a strong upbeat note, with overall revenue up convincingly from the previous year and reversing the disappointing...
Rise of Wireless Technology Poses Security Risks for ManufacturersFebruary 03, 2014Increasing networking of manufacturing equipment is opening up factories to the benefits of flexible production and wireless mobile communications. However, the rising use of...
Mobile Devices Invade Factory Floor as BYOD Trend SpreadsJanuary 21, 2014The bring-your-own-device (BYOD) phenomenon reshaping information technology (IT) in business offices is now spreading to the manufacturing sector, with employee-owned...
Motion Control Market Revenues Fall Short in 2013January 08, 2014Global sales of motion control products recovered in 2013 to reach $12.2 billion, but growth was far too weak to overcome the 2012 market declines, leaving market revenues well...
Chinese Market for Industrial Robots to Grow at 10 Percent CAGR to $1.3 Billion in 2017January 06, 2014China’s market for industrial robots is estimated to rise to $1.3 billion in 2017, expanding at a compound annual growth rate (CAGR) of 10 percent from $810.4 million in 2012, according...
IHS and AMCA Partnership Results in Pioneering StudyDecember 17, 2013The Air Movement and Control Association (AMCA) has partnered with IHS Inc. (NYSE: IHS) to publish a market study on the global fan and blower markets. This study, publishing in spring...
Fossil Fuels Sector Looses Steam in the Medium and High Power Generator MarketsDecember 12, 2013The fossil fuels sector dominates the medium and high power generator markets, accounting for approximately 76% of revenues in 2012 according to recent findings by IHS. However...