Machinery and Equipment

Machinery is termed as any gadget or device component that performs work by utilizing mechanical or electrical energy. The development of numerous devices and products that do not have moving parts (mechanical work) and are referred to as machines, such as devices with integrated circuitry (IC) (PCs), TVs, radios, lasers, and various industrial devices that use power and electromagnetic radiation, has resulted from the rise of hardware and data innovation. Industrial robots and robotic arms are the results of the integration of hardware, machinery, electronics, and information technology.

Machinery is used in printing, paper, food and beverage, textile, construction, oil and gas, medical devices, pharmaceuticals and healthcare, semiconductor and electronics, mining, various manufacturing, automotive and transportation, utility, power generation, and other industries. Global demand for machinery and equipment follows patterns in industrialization and industry base expansion, according to mechanical engineering manufacturers and other machinery and equipment OEMs.

We help our customers, who range from SMEs to niche players and commodity producers, identify and implement solutions that are applicable across the entire value chain, from mining to distribution. Our statistical surveying reports provide data and analysis on a wide range of topics, including fabrication, depletion, the import and export scenario for the machinery and equipment industry, future growth verticals, raw material outlook, and competitive analysis.

PeakGas unveiled multiple laboratory gas generators in 2020, that includes the Genius XE SCI 2, MS Bench SCI 2, MS Bench (G) SCI 2, and i-Flow O2 oxygen gas generator.

Laboratory Supplies Ltd. (Ireland), a supplier of industrial, scientific, and laboratory apparatus joined the Asynt Ltd. distributor network in 2019.

Shimadzu increased its operations in 2020 and opened a branch office in Copenhagen, Denmark. This expansion focused on providing the customers with a full range of analytical instrumentation solutions.

Agilent Technologies and MOBILion Systems collaborated in 2019 to provide ion mobility separation technology on its Q-TOF mass spectrometers.

HighChem, a developer of mass spectrometry software was acquired by ThermoFisher in March 2019, increasing their existing mass spectrometry software portfolio.

In 2019 HORIBA Instruments Incorporated (Japan) purchased MANTA Instruments, Inc. (US). This acquisition expanded their particle characterization instrument technology.

Bio-Techne (US) opened an office in Toronto, Canada in 2020 for supporting the Canadian life sciences industry's continued growth in that region.

Yokogawa Electric Corporation acquired Fluid Imaging Technologies in 2020. This will enable Yokogawa to broaden the portfolio of cell observation solutions offered by its life innovation business and, as a result, strengthen its business targeting the bioeconomy market.

Over the years, the global automation industry has made significant strides due to the digital transformation of industrial processes. Furthermore, the convergence of technologies like artificial intelligence, cloud computing, and the industrial internet of things (IIoT) has increased the growth of the industry. From 2017 until the outbreak of COVID-19, automation observed various trends that represented significant opportunities for the industries that used it, such as manufacturing and automotive. Global suppliers in the automation industry are in the spotlight to accelerate the software business through their operating business model as it is less time-consuming and cost-efficient. It has led to the widespread adoption of SaaS and managed services models among suppliers, in which industrial firms actively subscribe to digital services by paying an annual/monthly subscription fee. In return, the firms receive significant cost savings from the predictive maintenance of industrial components.

Some players are also focused on creating technologies that can help in an emergency. Emerson, for example, is focused on technologies that would aid in the production of medical equipment like respirators, testing equipment, hospital beds, and ventilators. Along with that, the company assists its customers in the healthcare sector by manufacturing face masks, hospital gowns, disposable hygienic products, and various types of filter media using its ‘Ultrasonic Technology.'

Categories | Machinery and Equipment

Machinery and Equipment

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