Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

United States Future of Grocery Analysis Report 2023: Private Label Products Emerge as a Driver of In-Store Traffic, Online Sales, and Retailer Loyalty – Long-term Forecast to 2027 & 2032

Published

on

 

The “The Future of Grocery in the United States: Online Grocery, Meal Kits, & Direct-to-Consumer Food, 2nd Edition” report has been added to  ResearchAndMarkets.com’s offering.

This report evaluates the dynamics of the current landscape of the online food and beverage market. Consumer demographics, perceptions, motivations, and behavior are examined as pertaining to dietary choices and use of food delivery and pickup services.

Attitudes on food, diet, health, and product packaging are studied. Effects of recent historical trends on consumers – including the COVID-19 pandemic and the inflation era – are considered in both a broad sense and in the context of the online grocery market.

This report provides information about online retail sales of food and beverages to consumers in the following product categories:

  • Shelf-stable foods and beverages in cans, bottles, or other packaging (including alcoholic beverages)
  • Meal kits and prepared meals
  • Perishables such as fresh fruits and vegetables
  • Dairy and egg products
  • Meat, poultry, and seafood
  • Bakery items
  • Frozen foods

This report includes online sales of such items from:

  • Store-based grocers (e.g., Kroger, Safeway, ALDI)
  • Mass merchandisers (e.g., Walmart, Target) and warehouse clubs (e.g., Costco, Sam’s Club, BJ’s)
  • Online-based grocers (e.g., Amazon, Thrive Market, Hungryroot)
  • Brands that sell their own food products via their websites, direct-to-consumer
  • Meal kit and prepared meal delivery services (e.g., HelloFresh, Sakara Life, Factor 75)
  • Third-party pack-and-deliver companies that use their own workforce to purchase groceries at various stores and deliver them to customers (e.g., Instacart)
  • Local co-ops and farmers’ markets that arrange for subscriptions, single orders, and pickup or delivery digitally
  • Online sales made via website or app – whether delivered to a customer via shipment or local delivery, picked up in-store, or received via curbside pickup – are all included.
  • Historical numbers for the online grocery market are provided from 2017 through 2022. Market forecasts are provided for 2023-2027 and 2032.
  • The online grocery market in 2022 is also segmented by fulfillment type (delivery, pickup/curbside, and shipment), retailer category (grocery stores/supermarkets, mass merchandisers/warehouse clubs, online only retailers, third party pack and deliver services, and farmer’s markets/organics/other), and product category (bakery items, beverages, dairy and eggs, fresh produce, meats and seafood, pantry/frozen, and prepared meals and other foods).
  • Historical numbers for the meal kit delivery services market are presented from 2019 to 2022. Market projections are provided for 2023-2027 and 2032.
  • The reasons for and implications of shifts in consumer perception and behavior are analyzed in the context of future market opportunities.
  • Additionally, the report has dozens of tables showcasing numerical survey data on consumer demographics and psychographics and numerous marketing photographs. This report goes in-depth on COVID-19 and inflationary trends affecting the food and beverage market.
  • Primary research includes national online consumer polls of U.S. adult consumers (age 18+) conducted on an ongoing basis by the publisher to analyze attitudes of consumers and their relevant food and beverage preferences.
    Survey data from MRI-Simmons are used to analyze the demographics and psychographics of consumers.
  • Supplementing the exclusive survey is analysis of the 2022 Food & Health Survey conducted by the International Food Information Council, which analyzes consumer food purchase decisions, diet and lifestyle choices, snacking activity, and perception of health benefits in foods.

Key Topics Covered:

Chapter 1: Executive Summary

  • The Future of Grocery Delivery
  • Online Grocery Shopping Driven by Convenience
  • Expansion of Online Grocery Shopping Led by Third-Party Player instacart
  • Covid-19 and Beyond
  • Opportunities For Growth
  • Key Consumer Trends
  • Scope

Chapter 2: Recent Historical Trends from the Pandemic To the inflation Era

  • Highlights
  • First Time Use of Online Grocery Shopping and Restaurant Ordering Methods in 2020
  • Boosted Online Grocery Shopping Activity Continued Through 2022
  • Activity Spiked in 2020 During the Early Part of the Pandemic
  • Many Consumers Continued Ordering More Groceries Online in 2021 and 2022
  • Frequency of Grocery Shopping: in-Person Vs. Online
  • Use of Meal Kit Delivery Services
  • Many Consumers Are Still Holding off On Dining Out
  • Increased Use of Food Carryout and Delivery and Convenience Food Options
  • Snacking and Healthy Eating Habits
  • Concerns About Covid-19 Exposure Have Remained
  • Most Still Consider the Pandemic A Health Threat Personally Or To Family/Friends
  • Concerns About Covid-19 Variants
  • Rising Prices During the Pandemic
  • The Vast Majority of Consumers Have Noticed the Rising Cost of Food, and Many Are Changing their Purchasing Decisions
  • Cutting Back On Household Expenses
  • Food Shortages During the Pandemic
  • Concerns About Food Shortages
  • Stockpiling of Food and Beverage Items
  • Negative Personal Effects of the Pandemic
  • Negative Effects Reported in 2020 and 2021
  • Continuing Mental and Physical Health Effects
  • Stress Levels and Changes Made To Reduce Stress
  • Pandemic Effects On Work
  • Changes To Work Patterns Have Continued in 2021 and 2022
  • in-Store Shopping Patterns

Chapter 3: Overview and Market Trends

  • Highlights
  • The Covid-19 Pandemic Was the Jumpstart the Online Grocery Market Needed
  • Convenience the Ultimate Selling Point For Busy Consumers
  • Us Online Grocery Shopping Well Behind Other Countries, But there Are Opportunities For Expansion and Continued Household Adoption
  • Direct Sellers and Home Delivery Companies
  • Dtc Companies Tackling Niche Health Food Markets With Meal Kits, Prepared Meals, and Online Grocery
  • New Companies and Products With Niche Appeal May Choose Dtc Channels
  • Subscriptions Save Consumers Money and Boost Sales
  • Subscription Boxes As A Gift For Yourself Or Others
  • Private Labels
  • Brick and Mortar Stores Expanding and Promoting E-Commerce Options
  • Retail Stores Rely More On Impulse Purchases
  • Private Label Products Are A Driver of in-Store Traffic, Online Sales, and Retailer Loyalty
  • Launching Online Grocery Shopping Via Third-Party Delivery Companies
  • Expanding Direct Grocery Store Ordering Options
  • “Dark Stores” Or Grocery Fulfillment Centers Can increase Operational Efficiency
  • Third-Party Ordering Platforms Make offering Online Groceries Possible For independents
  • Continuing Challenges To Online Grocery Services Satisfying Consumer Desires
  • Pickup Can Solve the Last-Mile Problem
  • Meal Kit Delivery Services
  • Celebrity Endorsements Used As A Marketing Tactic
  • Meal Kit Options Targeted At Specific Demographics and Diets
  • increasingly offering Prepared ingredients To Save Time and Reduce Mess
  • Meal Kits Are Not Just A Product – the Service Is Also Like A Home Cooking Class
  • offering Meal Kits Without A Subscription/Via Stores
  • Customization of Meals and Varying Levels of Preparation Required
  • Lower Priced Meal Kits For Price-Sensitive Consumers
  • Meal Delivery Services
  • Convenient Meal Delivery Services Emphasizing Freshness and Healthy Foods
  • Targeting Specialized Demographics
  • Local and Regional Meal Delivery Companies Are Emphasizing Local ingredients and Compete With National Providers
  • Customized Meal Delivery Catering To Special Diets and Weight Loss Plans
  • Community Supported Agriculture and Farmers’ Markets
  • Creating Online Marketplaces and Collaborating With Local Producers
  • Csas Joining the Meal Kit Market Through Partnerships Or New Product offerings
  • Concerns About Food Waste
  • Most Consumers Are Concerned About Food Waste
  • How Consumers Reduce Food Waste
  • Imperfect Or “Ugly” Produce Has Become An Attractive Option For Consumers, But Food Waste Claims Are Being Re-Examined

Chapter 4: Market Size, Forecasts, and Historical Trends

  • Highlights
  • Scope
  • Historical Online Grocery Market
  • Share of the Market by Fulfillment Type
  • Share of the Market by Retailer Category
  • Share of the Market by Product Category
  • Online Grocery Forecast
  • Meal Kit Forecast

Chapter 5: Use of Food Ordering Methods and Online Food Purchases

  • Highlights
  • Use of Food Delivery and Pickup Options
  • Most Consumers Have Used A Food Delivery Or Pickup Service in the Last 12 Months
  • Strong Overlap Between Use of Services
  • Purchases of Meal Kits and Prepared Meals from Retailers in the Last 12 Months
  • Frequency of Using Convenient Food and Food Ordering Methods in the Last 3 Months
  • Changes To the Frequency of Using Convenient Food and Food Ordering Methods Now Compared To 12 Months Ago
  • Use of Online Grocery Ordering/Delivery Services
  • Online Purchases of Alcoholic Beverages
  • Use of Meal Kit Delivery Services

Chapter 6: Growth Opportunities

  • Highlights
  • Targeting Baby Boomers and the Silent Generation, Who Are Less Likely To Shop Online
  • Online Grocery Shopping Can Solve Problems Faced by Older Consumers
  • Meal Kits and Prepared Meals For Older Consumers
  • Expansion of Meal Delivery Options For Children and Families
  • Appealing To Customers Trying To Resist Impulse Buys
  • Further Acceptance of the Outsourcing of individual Item Selection
  • Label Readers Can Get Additional Product information Online
  • Ai-Powered Voice Technology For increased Convenience
  • Vr and Ar Shopping Experiences
  • Artificial intelligence For Video Marketing, “Shoppable Videos”, and Improving the Shopping Experience
  • Micro-Fulfillment Can Boost Profits and Delivery Speeds
  • Robotics and Fulfillment Automation
  • Delivery Via Drones Or Autonomous Vehicles
  • Creating A Seamless Omnichannel Experience
  • Target Special Occasions To interest infrequent Customers
  • Offering Expiring/Clearance Items For Sale Online
  • Meal Kits and Prepared Meal Delivery Services Can Reduce Food Waste At Home

Chapter 7: Online Grocery, Meal Kit, and Meal Delivery Service Providers

  • Highlights
  • Mergers & Acquisitions
  • Venture Capital Stimulating Startups, Though Consolidation Is Afoot As Some E-Grocers Are Struggling
  • Online Grocery Market Share
  • instacart
  • Walmart
  • Amazon
  • Kroger
  • Target
  • Ahold Delhaize
  • Meal Kit Delivery Services Market Share
  • Hellofresh
  • Home Chef
  • Sunbasket
  • Blue Apron
  • Competing Products and Services
  • Home Chef Services Compete With the Meal Kit and Meal Delivery Concept
  • Restaurant Delivery from Third Parties

Chapter 8: Consumer Demographics

  • Highlights
  • Trends by Gender
  • Trends by Age
  • Patterns Based On Household income
  • Regional Differences
  • Urban, Suburban, and Rural Consumers
  • Educational Attainment
  • Employment Status
  • Presence of Children in the Household and Marital/Partnership Status
  • Race/Ethnicity
  • Plant-Forward Consumers

Chapter 9: Consumer Psychographics

  • Highlights
  • Strong Overlap With Clean Label Ideals

Artificial Intelligence

Cognitive Security Market Projected to Reach $134.26 billion by 2030 – Exclusive Report by 360iResearch

Published

on

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.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/cognitive-security
“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.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/cognitive-security
“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.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/cognitive-security
“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
Related Reports:
Cognitive Radio Market – Global Forecast 2024-2030Cognitive Electronic Warfare System Market – Global Forecast 2024-2030Cognitive Data Management Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
Logo: https://mma.prnewswire.com/media/2359256/360iResearch_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/cognitive-security-market-projected-to-reach-134-26-billion-by-2030—exclusive-report-by-360iresearch-302126101.html

Continue Reading

Artificial Intelligence

IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry

Published

on

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]
Photo – https://mma.prnewswire.com/media/2397908/IBM_Canada_employee_at_the_IBM_Bromont_plant_holding_a_wafer.jpg
Logo – https://mma.prnewswire.com/media/95470/ibm_logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ibm-government-of-canada-government-of-quebec-sign-agreements-to-strengthen-canadas-semiconductor-industry-302128212.html

Continue Reading

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

Published

on

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

Home


*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.
Photo – https://mma.prnewswire.com/media/2398552/CENTAURI_IVD_Platform.jpg Logo – https://mma.prnewswire.com/media/2392427/4673549/JR_Automation_and_Hitachi_Combined_Mark_full_color_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/hitachi-acquires-ma-micro-automation-of-germany-in-effort-to-accelerate-global-expansion-of-robotic-si-business-in-the-medical-and-other-fields-302128612.html

Continue Reading

Trending