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SMART MANUFACTURING MARKET ANALYSIS

Smart Manufacturing Market, By Technology (Programmable Logic Controller (PLC), Supervisory Controller and Data Acquisition (SCADA), Enterprise Resource and Planning (ERP), Distributed Control System (DCS), Human Machine Interface (HMI), Product Lifecycle Management (PLM), Manufacturing Execution System (MES), and Other Technologies), By Components (Communication Segment, Control Device, Machine Vision Systems, Robotics, Sensor, and Other Components), By End-use Industry (Automotive, Semiconductors, Mining, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Aerospace & Defense, Food & Beverages, Other End-user Industries), And By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa)

Market News

Global Smart Manufacturing Market: Key Developments

In October 2020, ABB completed acquisition of Codian Robotics B.V., a leading company providing delta robots, used primarily in high-precision pick and place applications. The product portfolio of Codian Robotics comprises a hygienic design line, which is ideal for hygine-sensitive industries.

In December 2020, Emerson Electric Company introduced its ASCO 141 Series Advanced Redundant Control System (ARCS) for providing a redundant solution for a variety of emergency shutdown valve applications, such as ones that are found in power, oil & gas, and chemical industries.

In September 2020, Fanuc Corp. made an addition of a third variation to its increasing SCARA robot line-up: the SR-12iA. This SCARA is capable of carrying payloads of up to 12kg, and features a wrist inertia of 0.30 kgm2 and a small footprint.

In June 2020, General Electric Co., launched its latest updates to its ADMS, which drives operations visibility, enhanced outage management, and power restoration automation.

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