Industry News

All the latest news from indometal 2018

The industrial robotics market will nearly triple in less than 10 years


By 2025, the market for industrial robots is projected to balloon to $33.8 billion. To put that in perspective, in 2016 the global industrial robot market was valued at $12.3 billion. So in less than 10 years, the market value of industrial robots could nearly triple.

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02 Apr 2018

Teaming humans with robotic AI will remake modern manufacturing


The world is currently in the midst of its 4th Industrial Revolution -- one driven by information and automation. As with previous revolutions, today's technological advancements are threatening to upend established industry and labor practices through overwhelming productivity increases.

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02 Apr 2018

3 Advances Changing the Future of Artificial Intelligence in Manufacturing


Today’s factories are easy to envision as futuristic-seeming hives of automation, where industrial robots mimic the movements and, seemingly, the intentionality of human workers.

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27 Mar 2018

Aluminum Casting Market Size Worth $97.36 Billion By 2025 | CAGR: 7.8%

Grand View Research

Aluminum casting has gained huge popularity due to its strength and lightweight features are anticipated to develop the industry.

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07 Mar 2018

Growth Opportunities in the Global Automotive Fastener Market

Markets Insider

The global automotive fastener market is expected to reach an estimated $25.9 billion by 2022 and it is forecast to grow at a CAGR of 3.1% from 2017 to 2022.

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07 Mar 2018

ASEAN Entering the Era of Electric Vehicles

ASEAN Centre for Energy

Bloomberg New Energy Finance sees the Electric Vehicle (EV) market making more progress in the coming years, predicting that 54 percent of new cars sold in 2040 will be of the EV type, which by then will account for 33 percent of the global car fleet.

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05 Mar 2018

Indonesia playing ever more key role in stainless steel market

Recycling International

Indonesia could surpass India as the world’s second-largest stainless steel producer over the coming few years, some experts believe.

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22 Feb 2018

Steel imports inevitable for Indonesia

The Jakarta Post

To reduce the country’s dependence on imports, the Industry Ministry has thrown its full support behind the development of three steel industry clusters with a total investment value of at least US$14.89 billion.

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20 Feb 2018

More Companies from the European Union Invest in Indonesia

Indonesia Investments

Based on data from the Investment Coordinating Board (BKPM), the EU is now the fourth-biggest foreign investor in Indonesia, after Singapore, China and Japan.

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12 Feb 2018

Indonesia offers infrastructure projects to global investors

Jakarta Post

State-Owned Enterprises (SOE) Minister Rini Soemarno has invited investors from a number of countries to invest in various infrastructure projects at an investor gathering in Zurich, Switzerland.

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07 Feb 2018