Artificial Intelligence
Heavy-Duty Autonomous Vehicle Market – A Global and Regional Analysis: Focus on Application, Propulsion Type, Vehicle Type, Level of Autonomy, Sensor Type, and Region – Analysis and Forecast, 2023-2032
New York, July 05, 2023 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Heavy-Duty Autonomous Vehicle Market – A Global and Regional Analysis: Focus on Application, Propulsion Type, Vehicle Type, Level of Autonomy, Sensor Type, and Region – Analysis and Forecast, 2023-2032” – https://www.reportlinker.com/p06472370/?utm_source=GNW
The growth in the heavy-duty autonomous vehicle market is expected to be driven by growing demand for autonomous driving, rising developments and integration of heavy-duty autonomous vehicles in public transport for semi-autonomous and autonomous vehicles.
Introduction of Heavy-Duty Autonomous Vehicle
Heavy-duty autonomous vehicles are self-driving vehicles designed to operate in applications that require high load-carrying capacity and the ability to navigate challenging terrain, including construction sites, mining operations, and transportation of goods and materials.Heavy-duty autonomous vehicles use a range of technologies, including LiDAR sensors, GPS, and advanced algorithms, to navigate their environment and make decisions about how to operate safely and efficiently.
They can be electric or powered by internal combustion engines and are typically designed to operate continuously with minimal human input.Heavy-duty autonomous vehicles offer a range of benefits, including increased safety, improved efficiency and productivity, and reduced labor costs.
They are being developed and deployed by a range of companies in the transportation, logistics, construction, and mining industries and are expected to play an increasingly important role in the future of these industries as technology continues to advance.
Market Introduction
The heavy-duty autonomous vehicle market is still in its early stages of development and adoption, with limited commercial deployment and a smaller number of players involved in the market.The market is primarily focused on industrial applications, such as mining, construction, and logistics, where there is a significant need for large, powerful vehicles that can operate autonomously in challenging environments.
The heavy-duty autonomous vehicle market is currently smaller than the overall autonomous vehicle market, but it is expected to grow rapidly in the coming years as the technology continues to advance and the benefits of autonomous operation become more widely recognized. There is significant interest and investment in the development of heavy-duty autonomous vehicles, with many companies competing to establish a foothold in this emerging market.
Industrial Impact
The heavy-duty autonomous vehicle market is driven by several factors, such as rising demand for vehicles equipped with autonomous driving capabilities and developments of high-tech autonomous solutions for commercial vehicles. Autonomous vehicles are increasingly growing in demand, owing to benefits such as increased vehicle and driver safety features, and enhanced fuel/battery power efficiency.
The key players operating in the heavy-duty autonomous vehicle market include Daimler AG, Volvo Group, Caterpillar, Proterra, and Zoox Inc.These companies are focusing on strategic partnerships, collaborations, and acquisitions to enhance their product offerings and expand their market presence.
In conclusion, the market for heavy-duty autonomous vehicles is growing and evolving significantly because of factors such as rising safety and efficiency concerns, technological breakthroughs, and the demand for reliable modes of transportation solutions.
Market Segmentation:
Segmentation 1: by Application
• Logistics
• Public Transportation
• Construction and Mining
• Others
Public Transportation to Dominate the Heavy-Duty Autonomous Vehicle Market (by Application)
Public transportation is leading the heavy-duty autonomous vehicle market compared to logistics, construction, and mining for several reasons.Firstly, public transportation is often seen as a more established and regulated industry, which can make it easier for autonomous vehicle manufacturers to introduce their technology.
There is also a greater potential for cost savings through the implementation of autonomous public transportation systems, as they can operate with fewer drivers and provide more efficient services.Secondly, public transportation is often viewed as a more socially responsible industry, and there is a growing emphasis on reducing carbon emissions and promoting sustainable transportation options.
Autonomous buses and trains can run on electric power, further reducing harmful emissions and negative environmental impact.
Segmentation 2: by Propulsion Type
• Internal Combustion Engine Vehicles
• Electric Vehicles
Electric Vehicles Segment to Grow at a Significant Growth Rate in the Heavy-Duty Autonomous Vehicle Market (by Propulsion Type)
Electric vehicles (EVs) require more advanced technology as compared to internal combustion engine (ICE) vehicles.Electric vehicles are leading the heavy-duty autonomous vehicle market when compared to internal combustion vehicles due to several reasons.
Electric vehicles are considered to be more environment-friendly and sustainable compared to internal combustion vehicles, as they produce zero tailpipe emissions and have a lower carbon footprint.This aligns with the growing trend toward reducing carbon emissions and promoting sustainability across industries.
Moreover, electric vehicles are generally quieter and offer a smoother ride than internal combustion vehicles, which can be beneficial in certain industries, such as public transportation, where noise and vibration can be a concern.Also, advancements in battery technology and charging infrastructure have made electric vehicles more practical and convenient for heavy-duty applications.
With rapidly developing charging infrastructures and longer driving range capabilities, electric vehicles can now compete with internal combustion vehicles in terms of performance and practicality.
Segmentation 3: by Vehicle Type
• Heavy Trucks
• Heavy Buses
• Roboshuttles
Heavy Buses Segment to Grow Considerably in the Heavy-Duty Autonomous Vehicle Market (by Vehicle Type)
Heavy buses have several advantages over heavy trucks and roboshuttles, making them easier to implement with autonomous technology.For example, heavy buses are typically used for fixed-route transportation, making it easier to develop and test autonomous systems in a controlled environment.
Additionally, buses often travel on highways and other well-defined routes, making implementing autonomous driving technologies easier.There are also several potential benefits to using autonomous buses.
For instance, they could help reduce traffic congestion and improve safety by reducing the risk of accidents caused by human error.They could also help reduce emissions by allowing for more efficient and streamlined transportation.
However, factors such as cost and regulatory issues could negatively impact the adoption of heavy buses.
Segmentation 4: by Level of Autonomy
• Semi-Autonomous Vehicles
• Autonomous Vehicles
Semi-Autonomous Vehicles to Dominate the Heavy-Duty Autonomous Vehicle Market (by Level of Autonomy)
Semi-autonomous vehicles can offer a greater degree of operational efficiency.By eliminating the need for human input, autonomous vehicles can operate continuously and with greater precision, reducing the risk of accidents or errors.
This can result in increased productivity, lower operating costs, and improved overall performance for companies that use heavy-duty autonomous vehicles for transportation and logistics.Furthermore, the technology for semi-autonomous vehicles is advancing rapidly, with significant investments being made by companies in the transportation, logistics, and technology industries.
This is driving innovation and accelerating the development of new and more sophisticated autonomous systems, which are expected to deliver even greater benefits in terms of safety, efficiency, and performance.
Segmentation 5: by Sensor Type
• LiDAR
• RADAR
• Camera
• Others
LiDAR Segment to Dominate the Heavy-Duty Autonomous Vehicle Market (by Sensor Type)
Light Detection and Ranging (LiDAR) offers a high level of accuracy and precision in object detection and mapping, which is critical for the safe and efficient operation of heavy-duty autonomous vehicles.LiDAR sensors use laser beams to create detailed 3D maps of the surrounding environment, allowing the vehicle’s autonomous system to accurately identify and track objects, including other vehicles, pedestrians, and obstacles.
LiDAR offers superior performance in adverse weather conditions, such as rain, snow, and fog, which can impair the effectiveness of other sensor technologies, such as cameras and RADAR. LiDAR sensors are less affected by these weather conditions as they use laser beams rather than radio waves or visual imaging.
Segmentation 6: by Region
• North America: U.S., Canada, and Mexico
• Europe: Germany, France, Italy, and Rest-of-Europe
• U.K.
• China
• Asia-Pacific and Japan: Japan, South Korea, India, and Rest-of-Asia-Pacific and Japan
• Rest-of-the-World
The North America region is expected to dominate the heavy-duty autonomous vehicle market, owing to the presence of several established manufacturers.There are also several regulatory and policy initiatives in North America that are designed to encourage the development and adoption of autonomous vehicles, including heavy-duty vehicles.
However, the Rest-of-the-World region is expected to witness significant growth due to the increasing demand for efficient transportation solutions and the rising number of road accidents.
Recent Developments in the Heavy-Duty Autonomous Vehicle Market
• In March 2023, ZF Friedrichshafen AG Group expanded operations in Juarez, Mexico, and announced a $194.0 million investment to support the growth of eMobility.
• In February 2023, Torc Robotics signed an agreement to acquire Algolux Inc. Torc purchased Algolux for its highly regarded intellectual property and know-how in computer vision and machine learning.
• In January 2023, Kodiak Robotics, Inc. and Ambarella, Inc., which is an AI semiconductor firm, entered a partnership to incorporate Ambarella’s CV2AQ AI perception system-on-chip (SoC) into its self-driving trucks for all camera data processing.
• In May 2022, U.S. Xpress joined forces with Embark Trucks, Inc., a pioneer in the development of autonomous technologies for the transportation sector. U.S. Xpress intended to expand the Embark Coverage Map to include its terminals.
Demand – Drivers, Limitations, and Opportunities
Market Demand Drivers:
Rising research and development expenditures, along with the development of several autonomous software and hardware technologies across the globe, are supporting the integration of autonomous vehicles in public transport.With the usage of GPS technology, cameras, sensors, and artificial intelligence (AI), buses can carry passengers without any human intervention.
Europe is at the forefront of adopting autonomous buses in public transport with large research and development investments in the automotive sector. According to the European Automobile Manufacturers’ Association (ACEA) report published in April 2022, the automotive sector in the region invested around $64 billion for FY2020 and was leading across the top 10 industrial sectors in the European Union (EU).
According to World Economic Forum, the European consortium ULTIMO is developing automated minibus services across three cities of the region, including Kronach (Germany), Oslo (Norway), and Geneva (Switzerland).The project would run for over four years with a budget of around $60 million from 2022 to 2025.
As a result, in 2025, around 45 driverless minibusses are expected to be on the road.This project is expected to pave the path for the adoption of heavy-duty buses in the upcoming years.
Additionally, in January 2023, Stagecoach announced the completion of the first full-size autonomous bus testing process in the U.K. Once the registration process is complete, this bus service is expected to offer a capacity of around 10,000 journeys per week. The company further announced on 4th April 2023 that the bus services would begin in East Scotland from 15th May 2023 onward.
Market Challenges:
Challenges such as rising prices of components and raw materials, transition in the end-use market from established to developing countries, and soaring manufacturing costs all impede the global market’s expansion.Another issue confronting autonomous technology and components is a scarcity of industry-wide similar testing procedures and certification requirements for sensors.
Due to the absence of standardized testing protocols for high-tech hardware components and software technologies, companies have continued to struggle with accuracy and performance assurance, with many relying on internal testing protocols.Further, the rising logistics costs of transporting hardware components from one country to another add to the burden on end-user pricing.
Further, the technology development costs associated with several components are higher, which adds another level of cost to the overall prices of components.
Furthermore, price fluctuations are a barrier for any industry or corporation that uses level 4 and above technology sensors in its value-chain creation.Uncertainty has a significant negative impact on the values of fully autonomous vehicle sensors, and the effect is exacerbated during volatile markets, emphasizing that massive increases in volatility cause breakdowns in the heavy-duty autonomous vehicle market.
Market volatility has also been found to be especially persistent, implying that significant government intervention may be required to maintain equilibrium. Further, the technology testing and approval costs are higher and vary as per regulations in each country.
Additionally, constitutional provisions, inflation, and shipping all contribute to an increase in overall costs.As a result of these factors, the market for heavy-duty autonomous vehicles is attempting to achieve a stable balance with significantly lower prices.
Thus, the large price swings associated with technological developments have had a significant impact on end-use industries and hampered market growth.However, technological developments such as the development of LiDAR system-on-chip (SoC) along with the commercialization of products are showing a significant decrease in the prices of products.
All these developments are expected to minimize the adverse impact on the market and support market growth over the forecast period.
Market Opportunities:
Logistics is one of the key industries for economic growth. According to the World Economic Forum, trucking industry costs are projected to reach around $5.5. trillion by 2027. Trucking is the dominant mode of transportation in several regions, including North America, Asia-Pacific, and others. According to the American Trucking Association (ATA), the U.S. inland freight transport was dominated by trucking, with around 68% of logistics revenue in 2019. Several heavy-duty truck manufacturers are increasingly adopting advanced technologies such as telematics and advanced driver assistance system (ADAS). The increase in the overall complexity of the trucking system caused concern about a rise in maintenance costs. Further growing shortage of skilled drivers has been a major concern in the trucking industry. The adoption of autonomous vehicles is expected to be one of the key solutions to the shortfall of drivers. The following chart depicts the expected shortfall of truck drivers in the U.S.
Significant skills are required to operate a class 8 truck.The significant size and weight of these trucks imply the consequences of accidents are severe, with high fatality rates.
The financial costs related to such accidents are high, and it additionally involves costs associated with driver downtime. According to the Federal Motor Carrier Safety Administration (FMCSA) large truck and bus crash facts 2020, published in 2022, 4,842 large trucks were involved in fatal crashes during FY2020.
Autonomous vehicles are expected to minimize the costs associated with drivers, along with enhancing road safety, which will further support the market growth. The rising investment by several software and advanced sensor developers to improve the overall heavy-duty autonomous vehicle market is expected to offer lucrative opportunities for market expansion over the forecast period.
How can this report add value to an organization?
Product/Innovation Strategy: Globally, the leading autonomous vehicle OEMs are continuously working to manufacture and sell vehicles with higher autonomous driving capabilities, i.e., level 3 and above. The growing need for affordable and high-performing heavy-duty autonomous vehicles is one of the major factors for the growth of the heavy-duty autonomous vehicle market. The market is more on the consolidated side at present, where heavy-duty autonomous vehicle manufacturers have been successful to a certain extent in strengthening their market position in the global market, with a few autonomous vehicle OEMs and autonomous vehicle technology providers working on such solutions in-house. However, with the rise of autonomous driving, the existing established players are expected to face stiff competition from emerging players. Moreover, partnerships and collaborations are expected to play a crucial role in strengthening market position over the coming years, with the companies focusing on bolstering their technological capabilities and gaining a dominant market share in the heavy-duty autonomous vehicle industry.
Growth/Marketing Strategy: The heavy-duty autonomous vehicle market has been growing at a rapid pace.The market offers enormous opportunities for existing and emerging market players.
Some of the strategies covered in this segment are mergers and acquisitions, product launches, partnerships and collaborations, business expansions, and investments. The strategies preferred by companies to maintain and strengthen their market position primarily include partnerships, agreements, and collaborations.
Competitive Strategy: The key players in the heavy-duty autonomous vehicle market analyzed and profiled in the study include multiple vehicle type manufacturers, bus manufacturers, truck manufacturers, roboshuttle manufacturers, and autonomous vehicle technology providers that develop, maintain, and market heavy-duty autonomous vehicles.Moreover, a detailed competitive benchmarking of the players operating in the heavy-duty autonomous vehicle market has been done to help the reader understand the ways in which players stack against each other, presenting a clear market landscape.
Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations are expected to aid the reader in understanding the untapped revenue pockets in the market.
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Key Companies Profiled:
Multiple Vehicle Type Manufacturers
• AB Volvo
• General Motors
• Mercedes-Benz Group AG
• BMW Group
• Volkswagen AG
Truck Manufacturers
• PACCAR Inc.
• Renault Trucks
• Traton Group
• Shanghai Newrizon Technology Co., Ltd.
Bus Manufacturers
• New Flyer (NFI Group)
• Karsan
• Proterra
Roboshuttle Manufacturers
• 2getthere B.V.
• Apollo (Baidu)
• Magna International Inc.
• ZF Friedrichshafen AG
• Zoox, Inc.
• Cruise LLC
• Schaeffler AG
• P3 Mobility
• HOLON GmbH
AV Technology Providers
• Embark Trucks Inc.
• Kodiak Robotics, Inc.
• TuSimple
• Torc Robotics
• Aurora Innovation Inc.
• PlusAI, Inc.
• Waymo LLC
• Mobileye
Companies that are not a part of the aforementioned pool have been well represented across different sections of the report (wherever applicable).
Countries Covered
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• Italy
• Rest-of-Europe
• U.K.
• China
• Asia-Pacific and Japan
• Japan
• South Korea
• India
• Rest-of-Asia-Pacific and Japan
• Rest-of-the-World
Read the full report: https://www.reportlinker.com/p06472370/?utm_source=GNW
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Artificial Intelligence
Cognitive Security Market Projected to Reach $134.26 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 26, 2024 /PRNewswire/ — The report titled “Cognitive Security Market by Component (Services, Solutions), Security Type (Application, Cloud, Cybersecurity), Application, Deployment Mode, Enterprise Type, Vertical – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $19.50 billion in 2023 to reach $134.26 billion by 2030, at a CAGR of 31.73% over the forecast period.
“The Global Rise of Cognitive Solutions Against Cyber Threats”
The field of cognitive security, leveraging the latest in artificial intelligence (AI), machine learning (ML), and data analytics, is reshaping the way physical and digital assets are protected from cyber threats. This innovative approach learns from user interactions with systems and data, enabling real-time threat detection and a more dynamic defense strategy. Across industries, including finance, healthcare, retail, and government, cognitive security applications, such as fraud detection and cyber defense, are becoming vital in navigating the complex threat landscape. Challenges in integrating with older systems and opportunities include advancements in AI and technology. Globally, the cognitive security market is witnessing rapid growth, driven by high American demand and significant investments in the Asia-Pacific region. In Europe, stringent regulations such as GDPR drive the demand for compliant solutions, while in the Middle East and Africa, the expanding telecom sector highlights the need for robust cybersecurity measures. This global momentum highlights the critical role of cognitive security in an interconnected world, ensuring businesses and governments can overcome cyber threats.
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“The Essential Role of Cognitive Security in Today’s Digital Age”
As digital transformation reshapes industries, the surge in data generation and intricate data management challenges have outpaced traditional cyber defense mechanisms. Cognitive security adept at processing and analyzing vast arrays of data in real-time, uncovering patterns and anomalies indicative of cybersecurity threats. This advanced approach enables proactive threat detection and swift response measures, significantly mitigating the risks of data breaches and cyber incidents. Cognitive security solutions adeptly handle diverse data types at unparalleled speeds, offering insights typically elusive to manual analysis by harnessing the power of automation. These systems excel at unveiling sophisticated attacks, skillfully hidden within normal network activities, and continuously evolve through machine learning. This perceptual adaptation is vital in a landscape where cyber threats rapidly transform, and digitalization ushers in new vulnerabilities. Cognitive security is a staunch supporter for organizations, ensuring their security policies remain in lockstep with the ever-evolving cyber threat environment and regulatory demands, thus fortifying digital defenses in an increasingly connected world.
“Enhancing Digital Security through Advanced Cognitive Technologies”
In an era where cyber threats are constantly evolving, the importance of robust digital security mechanisms cannot be overstated. The approach encompasses a suite of essential services that ensure the effective operation and continuous improvement of cognitive security systems. These include the meticulous deployment and integration of these systems into existing organizational structures, ensuring they work seamlessly with current technologies and protocols. Ongoing support and maintenance to keep these systems at the forefront of cyber defense, alongside training and consulting to empower staff with the knowledge and skills needed to optimize these advanced security solutions. Cutting-edge technologies include biometric recognition, digital signature authentication, real-time security analytics, and a unified platform managing security logs and data. Each component is vital role in creating a secure digital environment that identifies threats and enables swift, informed responses to protect organizational assets and data.
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“International Business Machines Corporation at the Forefront of Cognitive Security Market with a Strong 8.44% Market Share”
The key players in the Cognitive Security Market include Google LLC by Alphabet Inc., Microsoft Corporation, Fortinet, Inc., International Business Machines Corporation, Cisco Systems, Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Cognitive Security Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Cognitive Security Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Cognitive Security Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
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“Dive into the Cognitive Security Market Landscape: Explore 192 Pages of Insights, 760 Tables, and 28 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsCognitive Security Market, by ComponentCognitive Security Market, by Security TypeCognitive Security Market, by ApplicationCognitive Security Market, by Deployment ModeCognitive Security Market, by Enterprise TypeCognitive Security Market, by VerticalAmericas Cognitive Security MarketAsia-Pacific Cognitive Security MarketEurope, Middle East & Africa Cognitive Security MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/cognitive-security
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Artificial Intelligence
IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry
Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant
BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.
“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada
In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging.
The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future.
“IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.”
IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont.
“Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.”
Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance.
“Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.” — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Media ContactLorraine BaldwinIBM [email protected]
Willa HahnIBM [email protected]
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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