Maintworld RSS Feed

LG Electronics Accelerates Smart Factory Solutions Business by Integrating AI and 66 Years of Manufacturing Expertise

Thu, 25 Jul 2024 21:49:47 +0300

The Production Research Institute (PRI), which has improved the production and manufacturing competitiveness of LG Group subsidiaries, is now extending its expertise to external customers.

The Industrial Software Market Will be Worth $46.6 Billion by 2029

Thu, 25 Jul 2024 21:29:11 +0300

The automotive segment is expected to grow fastest during the forecast period. Asia Pacific is expected to grow significantly throughout the forecast period.

Uncharted Territory: Only Accurate Detection Can Swing the Pendulum Away from Dangerous Extremes

Thu, 25 Jul 2024 21:04:47 +0300

Today's world is increasingly polarised on almost every issue. From hugely important topics like the economy and foreign policy to 'first world problems' like the casting of a particular TV show, it seems difficult to build a sizable consensus on almost anything.

Industrial AI Uptake Is Just Getting Started But Majority of Sector is Uncovering New Use Cases, Finds Honeywell Research

Thu, 25 Jul 2024 20:16:12 +0300

While only 17% of AI decision makers around the world have fully implemented their initial AI plans, more than nine in 10 say they are finding unexpected new use cases, whether they are in the prototype, release or scaling stages of AI implementation.

Hydrogen Flight Looks Ready for Take-off with New Advances

Thu, 25 Jul 2024 18:27:15 +0300

New studies from Chalmers University of Technology, in Sweden, show that almost all air travel within a 750-mile radius (1200 km) could be made with hydrogen-powered aircraft by 2045, and with a novel heat exchanger currently in development, this range could be even further.

European Industrial Maintenance Market is Growing

Thu, 27 Jun 2024 21:45:10 +0300

The European industrial maintenance market is expected to reach USD 142.69 billion by 2033 at a growth rate of 2.05% during the forecast period 2023-2033.

The World's Most Responsible Companies in 2024

Thu, 27 Jun 2024 21:11:31 +0300

TIME magazine and Statista have named the 500 companies doing the most for the planet. Schneider Electric scored the highest.

Environmental monitoring market worth $33.9 billion by 2031

Thu, 27 Jun 2024 19:26:26 +0300

Meticulous Research published a new market research report "Environmental Monitoring Market by Offering. It forecasts the environmental monitoring market to reach $33.9 billion by 2031 at a CAGR of 8.4% from 2024 to 2031.

The Forsmark and Ringhals nuclear power plants are aiming for an 80-year lifetime for the existing reactors.

Thu, 27 Jun 2024 18:44:27 +0300

The owners of the Forsmark and Ringhals nuclear power plants in Sweden have taken a targeted decision to extend the lifetime of their reactors from 60 to 80 years. This would allow fossil-free electricity generation until the 2060s.

Fuelling the Future Maintenance and Energy in Industry 5.0

Fri, 07 Jun 2024 16:12:24 +0300

With the introduction and implementation of Industry 5.0 we move into a new and imperative era, merging our digital world of advanced technology with our physical world of sustainability.

Implementation of autonomous maintenance

Fri, 07 Jun 2024 13:50:50 +0300

The key concepts and challenges you may encounter when implementing an autonomous maintenance programme.

How Can Virtual Reality Support Digital Content Creation for Industrial Maintenance?

Fri, 07 Jun 2024 13:35:13 +0300

For this dissertation, four possible VR scenarios were identified along the maintenance documentation journey (see Figure), and three of them were evaluated in user tests. The fourth one, training to local maintenance team, was excluded from this study as it did not involve actual content creation but was considered a post-publishing activity.

Ensure Availability, Cost Efficiency and Positive Climate Impact with Modernized Drives

Fri, 07 Jun 2024 13:25:18 +0300

Modernization allows older drives to achieve all the benefits of modern technology – lower harmonics, and higher serviceability and uptime.

Virtual reality brings power to the maintenance business

Fri, 07 Jun 2024 12:24:01 +0300

Augmented reality is a viable new distribution channel for service instructions and enhances the product development process and service business of industrial companies.

A Beautiful Partnership: Maintenance Technicians and Artificial Intelligence

Thu, 06 Jun 2024 22:44:27 +0300

Our case for the collaboration between actual and artificial intelligence.

Moving Massive Loads with Half-Millimetre Precision – Remote Handling Solves a crucial maintenance need for fusion reactors

Thu, 06 Jun 2024 19:20:03 +0300

Worn parts need to be replaced and nuclear dust needs to be removed and handled safely. The remote replacement of massive divertor cassettes in the ITER reactor was demonstrated at the beginning of the year on the DTP2 test platform at the VTT Technical Research Centre of Finland.

Can 3D-Printed and Laser-Hardened Tools meet the Strict Requirements of Production?

Thu, 06 Jun 2024 18:40:38 +0300

SSAB has tested 3D printing in the production of hard-to-find spare parts. The results showed a longer lifespan of parts and lower costs.

Selecting the Correct Bearing Seal

Thu, 06 Jun 2024 17:50:43 +0300

Seals keep lubricant in the bearing and bearing chamber, and exclude contaminants.

IT Asset Management Software Market Size is Set to Grow by USD 456.14 Million from 2024-2028

Thu, 06 Jun 2024 15:48:58 +0300

According to Technavio, the global IT asset management software market size is estimated to grow by $456.14 million between 2024 and 2028, growing at a CAGR of nearly 7.58% during the forecast period.

The Market for Railway Maintenance Machines is Growing

Thu, 06 Jun 2024 15:43:16 +0300

Railway maintenance equipment is expected to grow by USD 1.44 billion from 2023 to 2027 at a compound annual growth rate (CAGR) of nearly 6.4%.

TÜV SÜD at Hannover Messe 2024: Advancing Safe Hydrogen Tech

Thu, 06 Jun 2024 15:34:38 +0300

TÜV SÜD has created a solution to provide reliable opinions on the suitability of materials and components for future hydrogen use.

Green Hydrogen Industry Research 2023: The global market is growing really fast

Thu, 06 Jun 2024 15:30:10 +0300

This growth of the green hydrogen market is likely to be driven by low variable renewable energy (VRE) electricity costs, global plans for net-zero emissions by 2050, and increasing awareness regarding green hydrogen.

The Escalating Threat of AI-Driven Phishing

Thu, 06 Jun 2024 15:16:34 +0300

The rapid adoption of Generative AI (GenAI) technologies has led to a significant increase in sophisticated phishing campaigns.

Wind Turbine Manufacturers See Record Year Driven by Growth in Home Markets

Thu, 06 Jun 2024 15:09:09 +0300

LAST YEAR, wind turbine manufacturers set a new volume record, installing 120.7 GW globally despite economic and supply chain challenges, as per GWEC’s report. Chinese companies dominated the market, with Goldwind leading, followed by Envision and Vestas.

Radiation from space can cause errors in the operation of quantum computers

Thu, 06 Jun 2024 14:53:46 +0300

Radiation from space is a challenge for quantum computers as their computation time becomes limited by cosmic rays.

Demand for critical energy transition minerals could increase almost fourfold by 2050

Thu, 06 Jun 2024 14:38:03 +0300

As the climate emergency intensifies, demand is surging for minerals that are critical for renewable energy technologies like solar panels, wind turbines and electric vehicles (EVs).

The global hydraulic valve market will reach $8.56 billion by 2034

Thu, 30 May 2024 19:54:37 +0300

Fact.MR says in its recent market research report that the demand for hydraulic valves in the oil and gas industry is growing due to the increasing focus on efficient optimization and control of processes.

LEAG relies on AFRY for another large-scale Power-to-X project in Germany

Thu, 30 May 2024 20:22:19 +0300

Lausitz Energie Kraftwerke AG (LEAG) is developing a second Power-to-X (PtX) plant to be built on the decommissioned area of the coal power site in Boxberg, Saxony.

Hydrogen generation market size records $47.84 billion growth between 2023-2027

Thu, 30 May 2024 18:53:23 +0300

According to Technavio, falling fuel cell prices are one of the key trends in the market.

Neste, Marubeni Corporation and Resonac Corporation to cooperate on renewable chemicals in Japan

Thu, 30 May 2024 18:29:38 +0300

Resonac produces renewable olefins and derivatives at its Oita Complex in Japan to meet demand of domestic and overseas markets.