The sales value of light emitting diode-based lamps for explosion-proof lighting applications will increase from $151.5 million in 2013 to $248.1 million in the year 2020 (equivalent to a 7.3% annual increase), according to the latest ...
Tags: LED Lamps, fluorescent tube, Safety Lighting
Falling product costs will help to propel the market for LED-based luminaires to some $25 billion in 2023, up more than a factor of 12 from today’s figure of $2 billion and equivalent to a compound annual growth rate (CAGR) of 25 per ...
The German machine vision (MV) industry is on a stable growth course. According to the latest market data from the country’s VDMA Machine Vision Association, in 2014 the sector will enjoy growth of five percent to surpass the sector ...
Tags: VDMA, Machine Vision, Positive Prospects
Powered by a growing range of applications, 3D printing – encompassing laser additive manufacturing at the higher end – will become a mainstream production tool in many industries. Significant growth for this sector is predicted ...
Tags: 3D Printing, laser, additive
Pricing pressures and a varied international outlook are still facts of life for industrial laser vendors, but overall demand remained in line with expectations during the first quarter of 2014. The regular survey of vendors carried ...
Tags: laser vendors, fiber lasers, semiconductor
The European machine vision (MV) industry is in “an excellent condition”, according to the German VDMA’s latest market survey. published earlier in July. It states that the MV sector’s turnover grew more strongly ...
Tags: Machine Vision, strong growth, software
“The machine vision industry in Germany will grow in 2014 by at least 10% minimum and overall industry turnover will exceed its sales forecast of about €1.8 billion by the end of this year,” stated Dr. Olaf Munkelt, ...
Tags: machine vision industry, Intelligent traffic systems, growth
In 2014, in the APAC region alone, the consumption value of LED lamps used in general lighting is expected to reach $2.7 billion, increasing to $6.7 billion in 2019. These are the main conclusions of the latest market analysis by ...
Tags: LED Lamp, general lighting, decorative light
The global market for laser materials processing systems reached a volume of US$ 11.6 billion in 2014. According to a preliminary analysis of 2014 data produced by Optech Consulting, based in Taegerwilen, Switzerland, that figure is up 8% ...
Tags: laser systems, fiber lasers, semiconductors
China International Industry Fair, an annual world-famous fair, takes place at National Exhibition and Convention Center (Shanghai) from November 3 – 7, 2015. Industrial robots manufactured by domestic companies, a prototype Mars ...
Tags: Industrial robots, robots
The 3D printing industry continues to grow from strength to strength. According to the latest market report 3D Printing 2015-2025: Technologies, Markets, Players, published by IDTechEx, Cambridge, UK, this industry is set to boom from $1bn ...
Tags: 3D Printing, plastic printing technologies, metal printers
The Indian government should make manufacturing standards for LED lights applied in Prakash Path Yojana (PPY) mandatory, The Economics Times cited a Philips spokesperson saying. The government intends to roll out a nationwide LED ...
Tags: Philips, LED standards, Indian market
PPG Industries’ industrial coatings business has introduced CORROKLEEN 44 rust remover, an application-friendly citric-acid-based gel cleaner that is more effective at removing rust and mill scale and safer for both users and the ...
Canadian applied life sciences company Renaissance Ingredients has conducted a laboratory analysis to know the effectiveness of its non-GMO acrylamide-reducing (AR) baker’s yeast on potato products. The findings showed a 70% decrease ...
US-based agribusiness company Archer Daniels Midland Company (ADM) has completed the acquisition of some assets of Eaststarch C.V., which is ADM’s 50-50 joint venture with Tate & Lyle. Tate& Lyle is a UK-based agribusiness which ...
Tags: ADM, corn wet milling, Corn business