Industry News

The global automated sortation system market is poised for significant growth, driven by the increasing demand for efficient logistics and e-commerce fulfillment. According to a new report by Allied Market Research, the market is projected to reach $13.9 billion by 2032, growing at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2032.

Machine vision has emerged as an indispensable technology in the intricate landscape of semiconductor manufacturing. Its role extends far beyond mere automation, serving as the eyes and brain of the production process.

The global 2D and 3D machine vision systems market is projected to grow at a CAGR of 12.60% between 2024 and 2032, according to a report by Expert Market Research (EMR). The market is expected to be driven by the increasing application of these systems in sectors such as automotive and the robust growth of the electronics sector.

Samsung has made significant strides in electric vehicle (EV) battery technology with the introduction of its solid-state battery, showcased during the SNE Battery Day 2024 in Seoul. This innovative battery is set to transform the EV landscape, offering impressive features that could address many current limitations electric vehicles face.