CHICAGO, Aug 29, 2022 (GLOBE NEWSWIRE) — Industry 4.0 market by technology (industrial robotics, blockchain, industrial sensors, industrial 3D printing, machine vision, human-machine interface, artificial intelligence in manufacturing, digital twin, AGV, machine condition monitoring) and geography (2021-2026), Industry 4.0 participants are implementing various types of organic and inorganic growth strategies, such as new product launches and acquisitions, to strengthen their market offerings.
The key players in the Industry 4.0 market are General Electric (USA), Siemens (Germany), Honeywell International (USA), ABB (Switzerland), Emerson Electric (USA), 3D Systems (USA), Advantech (Taiwan), Basler (Germany) , Cisco Systems (USA), Cognex Corporation (USA), Daifuku (Japan), IBM (USA), Intel (USA), John Bean Technologies Corporation (USA), Nvidia (USA), Stratasys (Israel), Techman Robot (Taiwan) ), Universal Robots (Denmark), Addverb Technologies (India), AIBrain (USA), Algolux (Canada), Beckhoff Automation (Germany), BigchainDB GmbH (Germany), LogiLube (USA), Pratiti Technologies (India), Sculpteo (France) ), Sigfox (France).
General Electric (GE) is a technology and finance company that develops and manufactures products used to generate, transmit, distribute, control, and use electricity. The company is a pioneer in developing solutions for digital twins, 3D printing, the Internet of things and artificial intelligence. In June 2020, GE Digital launched the latest version of its Asset Performance Management (APM) software suite to allow companies in the asset and process-intensive industries, such as oil & gas, chemical, and power, to bring together data from all equipment across the plant and quantify risk reduction. In June 2020, GE Digital launched the latest version of its Asset Performance Management (APM) software suite to allow companies in the asset and process-intensive industries, such as oil & gas, chemical, and power, to bring together data from all equipment across the plant and quantify risk reduction. In June 2020, GE Digital released the latest version of its Asset Performance Management (APM) software suite, which enables companies in industries such as oil and gas, chemicals and energy to aggregate data from all equipment. across the enterprise and quantify risk reduction. In June 2020, GE Digital released the latest version of its Asset Performance Management (APM) software suite, which enables companies in resource-intensive and technology-intensive industries such as oil and gas, chemicals and energy to collect data from all equipment across the entire enterprise. and quantify the risk.
Siemens is a global technology provider focused on electrification, automation and digitalization. As a global pioneer in digital technology, the company provides state-of-the-art digital twin software and solutions. In July 2020, Siemens launched the Simatic Real Time Location System (RTLS) and SieTrace software, which provides real-time location information that customers can use to manage their production processes and plan their operations according to crisis program COVID-19. The solution will allow companies to quickly and effectively control how employees interact with each other, with production lines, and with factory settings in the event an employee becomes infected with COVID-19.
Existing employees should be trained on the latest hardware and software systems equipped with technologies related to the Internet of Things and artificial intelligence. While the industry is dynamic in adopting new technologies, it faces a shortage of highly skilled engineers and a workforce familiar with new developments in AI and IoT technologies.
Over the past five years, AI and IoT technologies have rapidly made their way into the healthcare industry. Medical wearables have begun to use AI and IoT technologies to form a comprehensive hospital ecosystem. For example, in continuous glucose monitoring, wearable devices combined with smart algorithms can track blood sugar levels and automatically give diabetics the correct dose of insulin.
Internet of Things and artificial intelligence technologies are an integral part of intelligent production systems. The concept of Industry 4.0 depends on the connectivity of devices throughout the ecosystem. This relationship creates security holes in the entire system, which can mean that potential operations can be compromised because, from a security point of view, it is impossible to determine where the data came from or where the other end went. Thus, data visibility is the biggest cybersecurity issue for smart factory manufacturing.
Augmented Reality by Technology (AR, VR, MR), Applications (Consumer, Commercial, Enterprise, Medical, Aerospace & Defense), Products, Device Types and Regions (North America, Europe, Asia Pacific) (2021-2026) )
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Post time: Aug-30-2022
