This is an exciting time for the oil and gas field equipment industry. Prices are stable and energy demand is increasing. The global market for oilfield services was $250 billion in 2018, and projections predict this market to reach $330 billion by 2026. The market for shale gas processing equipment is growing at a CAGR of 14.8% and is projected to...
As we move into the next decade, it’s a good time to take stock of emerging trends in construction equipment. For the past several years, industry professionals have focused on making construction equipment greener and more efficient than before. But the real revolution is in the way professionals use the equipment: From automation to sharing to modular construction, industry professionals use...
5G technology is coming. It promises to manage data at a speed that could unleash an array of startling possibilities on unsuspecting corporations, facilities, and people. But is all the hype real? Will 5G revolutionize the world as touted, or will it just give us speedier video downloads and smoother Netflix experiences? Communication technology companies seem to believe in 5G's potential....
Today's global businesses demand faster, more secure and larger capacity communication systems for their network operations. Fiber optic technology is expected to play a major part in this growth. A Research and Markets study determined that the compound annual growth rate for the fiber optic market could reach 8.5 percent by 2025, meaning more industries will be looking to the...
PROBLEM A mining control company could not build harnesses and assemble enclosures internally as well as an outside interconnect supplier with experience in making rugged assemblies for hazardous environments. SOLUTION Outsource to a leading interconnect supplier to achieve better quality, reduced lead times and other benefits by sourcing components with global procurement resources. BACKGROUND As a worldwide designer and manufacturer of custom interconnect solutions,...
Today's innovations in industrial automation are largely focused on interconnectivity. Powerful new technologies provide industry professionals with unprecedented abilities to "see" what is happening and respond in real-time. New tech is being developed for training, to bridge the skills gap and provide you with the knowledgeable workforce you need. And artificial intelligence is improving everything from preventive maintenance to cybersecurity....
The global mining equipment market is projected to reach USD 284.93 billion by 2025. Most of this growth is attributable to large-scale urbanization efforts in emerging economies like those of China and India. Base and precious metal consumption is also on the rise in countries like Mexico and Canada. All of this spells good news for heavy mining equipment manufacturers and...
During the summer of 2019, a team of six NAI employees at the Gaylord, MI plant helped the Habitat for Humanity organization in the final stages of the placement of a new home in a local subdivision. It was constructed at the M-Tech Center in Gaylord, then moved to its final location. The NAI team worked on-site to assist with various...
As technology progresses over time, the healthcare industry will also move forward. For example, patient forms and data are now paperless, and doctors now carry iPads and laptops throughout hospital halls. However, 5G for healthcare is about to take this progress even further, and the results will prove revolutionary. What is 5G? It all comes down to the speed at which things...
Patch cords are such a common component in data center set-ups that the significance of their role in data transmission is often overlooked. Not just any patch cord can handle heavy data transmission, and trying to get by with lower quality or lesser capability is a gamble your company can’t afford. When setting up your data center, take care to work...