The mining equipment industry faces many hurdles to growth, including global economic conditions and a depletion of easily accessible resources. Businesses are responding with increased implementation of data analytics, automation, and other innovations that drive efficiency. Read more
Cleantech research firm Navigant reported that for many utilities the focus of their smart grid efforts is shifting from advanced metering infrastructure (AMI) to the larger issue of distribution automation (DA), “intended to reduce capital and operating costs, as well as improve the efficiency and quality of the power grid.”
Navigant defines distribution automation as “intelligent distribution systems that are fully controllable and flexible, and that can help operate the grid more efficiently due to their embedded intelligence.” The technology “can play a critical role in outage recovery, delivering the capability to sense and pinpoint faults, reroute power flows through dynamic sectionalizing, and even provide key location information back to line crews to speed repair and recovery.”
By 2020, the firm forecasts, “more than 15 percent of the global installed base of smart meters will be incorporated in functional AMI/DA systems, … up from 2 percent in 2012.” Navigant has estimated that global revenues from DA systems will grow from $6.3 billion this year to more than $11.3 billion by 2020. The growth in DA is in part driven by the “proven reliability improvements and verified grid efficiencies” experienced by utilities during smart grid pilots in recent years. Read more
Worldwide demand for packaging equipment is expected to escalate in emerging markets. However, the market for end-of-line machinery will likely be softened by the abundance of manual labor. Read more
Last year, India enacted a National Manufacturing Policy (NMP) to encourage manufacturers, especially small and medium-sized enterprises (SMEs), to move in a new direction. The policy calls for massive changes in the manufacturing sector, which mean terrific sales opportunities for U.S. equipment exporters. Read more
On Aug. 9, pioneering scientists will discuss the potential of the next generation of robots at a “We the Geeks” Google+ Hangout event hosted by the White House. The virtual session is part of a larger effort that spotlights the future of tech, science, and innovation in the U.S., and features a panel of leading experts including entrepreneurs, scientists, and scholars from top universities.