Maintworld RSS Feed

The Industrial Sensor Market is Growing

Thu, 28 Nov 2024 22:15:16 +0200

According to Technavio, the global industrial sensor market is expected to grow by USD 14.3 billion between 2024 and 2028.

AERO Vodochody AEROSPACE Chooses IFS Cloud to Build a Competitive Advantage

Thu, 28 Nov 2024 21:57:10 +0200

The ERP solution will help the Czech manufacturer speed up aircraft production and better meet customer demand.

CO₂-Emitting Materials Can Be Turned Into Sustainable Plastics

Thu, 28 Nov 2024 21:38:17 +0200

Fortum presented a new material at the Greener Manufacturing Conference & Expo in Cologne, November.

Neste, Alterra and Technip Energies Collaborate to Offer Standardized Solution to Build Chemical Recycling Plants

Thu, 28 Nov 2024 21:13:54 +0200

Neste, Alterra and Technip Energies have signed a collaboration agreement to advance the circularity of plastics by providing the industry a standardized technology solution for chemical recycling, also referred to as “advanced recycling”.

Safran Invests Over a Billion Euros in Its Global Service, Repair and Maintenance Network

Thu, 28 Nov 2024 20:23:56 +0200

Safran Aircraft Engines is developing its global MRO network to support its growing fleet of LEAP engines worldwide.

Honeywell and Google Cloud Are Accelerating Autonomous Operations with AI Agents in the Industrial Sector

Thu, 31 Oct 2024 20:44:15 +0200

The companies announced a collaboration to connect AI agents to assets, people and processes to accelerate safer and more autonomous operations in the industrial sector.

Less than Half of Top 50 Steel Producers Have a Net Zero Target

Thu, 31 Oct 2024 20:31:09 +0200

Less than half of the world’s top steel producers have targets to reach net zero emissions by midcentury, and even fewer track the full scope of emissions produced by their business, jeopardizing the sector’s ability to meet long-term climate aims, finds a new report from Global Energy Monitor and the Leadership Group for Industry Transition, hosted at the Stockholm Environment Institute.

SKF Divests Non-core Aerospace Operation for USD 220 Million

Thu, 31 Oct 2024 20:06:23 +0200

"Aerospace will remain one of our largest customer industries and we will continue to invest and strengthen our position in core Aerospace segments”, says Rickard Gustafson, President and CEO.

ABS Explores the Potential of Nuclear Technology on LNG Carriers

Thu, 31 Oct 2024 19:54:03 +0200

ABS released its latest report into the potential of advanced nuclear technology for maritime applications, with a study of a small modular reactor on a standard liquefied natural gas (LNG) carrier.

Eternal Machines: The Future of Sustainability Lies in Maintenance

Wed, 16 Oct 2024 23:42:46 +0300

Sustainability, closed-loop circularity and maintenance working hand in hand. The result? Keeping our devices and machinery alive and well for extended periods of time. It is time to change our way of thinking. Circular economy and maintenance is the unsung hero of sustainability.

Monitor and Reduce Motor Operating Temperature to Increase Reliability

Wed, 16 Oct 2024 23:13:03 +0300

Understanding and monitoring your motor’s recommended operating temperature can drastically lengthen its lifespan. Here we tell you how to do both, and so avoid early and unnecessary failure.

Artificial Intelligence as a Maintenance Enhancer

Wed, 16 Oct 2024 22:00:39 +0300

In three articles published in this issue of Maintworld magazine, we will look at how AI can improve maintenance efficiency. This first article describes the concepts and issues related to AI in general. The next will go into more detail on its use in maintenance.

Towards an Energy-Efficient Production Process – Measuring and Evaluating Cost Savings and Environmental Benefits

Wed, 16 Oct 2024 16:52:41 +0300

Improving energy efficiency is crucial for reducing energy consumption and emissions in the production process while achieving cost savings. Comprehensive maintenance and energy efficiency go hand in hand, although reliably measuring these benefits can be challenging.

European Industrial Maintenance Market is Growing

Wed, 16 Oct 2024 12:22:19 +0300

According to a market report by Spherical Insights, several European companies have adopted integrated service concepts to raise the level of equipment and services in critical processes. This strategy is also helping the industry to reduce maintenance and repair costs. This trend is expected to boost the industrial maintenance market in Europe over the forecast period.

Eu's Goal of Increasing Self-Sufficiency in Mining Operations

Wed, 16 Oct 2024 12:20:32 +0300

All lithium chemicals used in electric car batteries and mobile phones are mined and processed outside Europe.

New Guidance for Measuring The Carbon Footprint of Offshore Wind Farms

Wed, 16 Oct 2024 12:14:24 +0300

A first-of-a-kind methodology to standardise how the carbon footprint of an offshore wind farm is measured has been published by the Offshore Wind Sustainability Joint Industry Programme (SUS JIP). The collaborative initiative aims to help the global offshore wind industry scale up as sustainably as possible to meet global Net Zero targets by 2050.

The Market for Industrial Fuel Control Components and Systems is Developing

Wed, 16 Oct 2024 12:14:17 +0300

According to a recent report published by Fact.MR, the global market for industrial combustion control components and systems is expected to reach US$19.31 billion by 2024. The market is further projected to grow at a CAGR of 5.8% from 2024 to 2034.

AI Redefining Drilling Data Management Systems

Wed, 16 Oct 2024 12:13:40 +0300

The global drilling data management systems' market size is estimated to grow by USD 12.6 billion from 2023-2027, according to Technavio.

Global Key Data from the Hydrogen Sector

Wed, 16 Oct 2024 12:14:13 +0300

The Hydrogen Council's latest report highlights that the global clean hydrogen project pipeline is growing and maturing, with a seven-fold increase in committed capital for projects reaching final investment decisions over the past four years.

LG Accelerates Smart Factory Solutions Business

Wed, 16 Oct 2024 12:14:10 +0300

The Production engineering Research Institute (PRI), which has been enhancing production and manufacturing competitiveness for LG Group affiliates, is now extending its expertise to external clients. Services offered include production consulting, development of equipment and operation systems and training for technology personnel.

Wärtsilä and Royal Caribbean Group Sign Lifecycle Agreement to Accelerate Sustainable Development Goals

Thu, 26 Sep 2024 22:41:40 +0300

Technology group Wärtsilä has signed a five-year life-cycle agreement with Royal Caribbean Group covering 37 of the company's cruise ships.

AI Redefining Drilling Data Management Systems

Thu, 26 Sep 2024 22:10:22 +0300

The global drilling data management systems market size is estimated to grow by USD 12.6 billion from 2023-2027, according to Technavio.

The Global Hydrogen Industry Reports $75 Billion in Committed Capital

Thu, 26 Sep 2024 21:16:35 +0300

Heimdal: Call for Immediate Review of AI Safety Standards

Thu, 26 Sep 2024 20:30:47 +0300

Recent findings by Anthropic, an AI safety start-up, have highlighted the risks associated with large language models (LLMs), prompting calls for a swift review of AI safety standards.

New Technologies for Electricity Production in Extreme Conditions

Thu, 26 Sep 2024 19:46:56 +0300

There are thousands of connecting towers, weather stations, construction sites, railways and other sites outside the electricity network that require small amounts of electricity.

Industrial Automation Software Market 2024-2028

Thu, 29 Aug 2024 21:36:52 +0300

The industrial automation device management software market size is forecast to grow at a CAGR of 6.72% to USD 1.57 billion between 2023 and 2028.

SKF Makes Strategic Acquisition to Strengthen its Lubrication Management Capabilities

Thu, 29 Aug 2024 21:08:18 +0300

The acquisition will strengthen SKF’s position in the Indian and South-East Asia region, a focal point of JGS.

Protective Coatings Market Size Is Set to Grow by USD 22.40 Billion from 2024-2028

Thu, 29 Aug 2024 20:50:56 +0300

According to the Technavio Market Analysis, increasing demand for water-borne coatings and the expansion of the construction industry are driving the growth. But raw material costs pose a challenge for growth. 70 percent of market growth happens in APAC.

The Robots are Used to Monitor the World's Longest Underwater Tunnel

Thu, 29 Aug 2024 20:23:48 +0300

Guozi Robotics has provided 14 intelligent inspection robots for the Shenzhen-Zhongshan link.

Research on Fossil-Free Iron and Steel Production on an Industrial Scale

Wed, 28 Aug 2024 22:36:36 +0300

The HYBRIT initiative is a collaboration between steel company SSAB, mining company LKAB and energy company Vattenfall, launched in 2016 to fundamentally transform the iron and steel industry.