According to a new report by MarketsandMarkets, the global smart factory market is forecast to reach USD 104.42 billion by 2025 and USD 169.73 billion by 2030, at a CAGR of 10.2%. 

As tidal power costs fall, it is expected to be cost-competitive with nuclear power by 2035.

Epiroc is building a new production and research and development facility in Nashik. 

North America is expected to remain the largest regional market for refinery and petrochemical filtration throughout the forecast period.

Global State of Smart Manufacturing Report finds cybersecurity is now the top external concern after economic conditions.

The market is driven by growing demand for smarter, more flexible, and energy-efficient industrial operations. Asia Pacific is expected to grow the fastest in the global DCS Market

Computer technology — including AI fields such as machine learning and pattern recognition — became the leading category for the first time.

When seawater penetrates concrete in road tunnels, a biofilm forms that breaks down the concrete. A new study, led by researchers at Chalmers University of Technology, reveals the mechanisms behind this degradation.

Hexagon launches humanoids built for industry. Schaeffler and Pilatus are testing it in a variety of applications and environments.

Technology group Wärtsilä will supply 282 megawatts of flexible engines to operate a new data center project in Ohio.