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Last updateTue, 16 Apr 2024 11am
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$86.8 billion world inkjet printing market to grow at 8.2% CAGR, latest Smithers expert study forecasts

Supply chain and print buying changes, combined with technology advances mean digital print – and inkjet in particular – is now the most important print segment for innovation and market growth. The outlook for this is profiled in a new detailed market data study – The Future of Inkjet Printing to 2027 – authored by Smithers print consultant Sean Smyth.


Robot sales surge in the Americas, Europe and Asia

Sales of industrial robots have reached a strong recovery: A new record of 486,800 units were shipped globally – an increase of 27% compared to the previous year. Asia/Australia saw the largest growth in demand: installations were up 33% reaching 354,500 units. The Americas increased by 27% with 49,400 units sold. Europe saw double digit growth of 15% with 78,000 units installed. These preliminary results for 2021 have been published by the International Federation of Robotics.

Compounding Crises: Pandemic Disruptions and Weak Recovery Delay Time to Gender Parity to 132 Years

Iceland remains the world’s most gender-equal country, followed by Finland, Norway, New Zealand and Sweden
With a widening gender gap in the labour force, the cost of living crisis is expected to hit women hardest
COVID-19 set gender parity back by a generation and a weak recovery isn’t compensating for it

Latest Smithers study examines how $328.5 billion offset litho market will react to the post-Covid digital challenge

In print, inkjet and electrophotography (toner) print continue to threaten to displace offset litho in multiple applications as the market space adjusts to an increasingly digital future. The Future of Digital versus Offset Printing to 2027 tracks the dynamics of this competition across the next five years, profiling how the latest technology developments will redefine the sector.

Outlook Is Grim for Global Recession but Experts Are Divided on Just How Grim

War in Ukraine, China’s strict COVID-19 measures and a host of other factors have combined to drive up inflation and raise the spectre of food insecurity
Finance leaders, central bankers and economists warned that if recession is coming, it will mainly affect countries that have not come out of COVID, or are highly exposed to Russian energy, or are already in fiscal difficulties

Semiconductors, Electronics and Pharmaceuticals Lead Digital Transformation in Manufacturing

The Smart Industry Readiness Index is the first international programme to benchmark the current state of manufacturing globally
Data from nearly 600 manufacturing companies across 30 countries reveals new trends and identifies leading industries
Semiconductors, Electronics, and Pharmaceuticals sectors are frontrunners in digital transformation, with top companies focusing on connectivity and digital process integration
Productivity and quality-linked performance indicators are key focus areas for both multinational corporations (MNCs) and small and medium-sized enterprises (SMEs) alike, but flexibility and speed are fast-emerging areas of priority
The International Centre for Industrial Transformation – an independent, non-governmental, not-for-profit organization – has been established to work with both public and private sector partners to scale the SIRI Programme internationally

World Economic Forum Annual Meeting rescheduled to 22-26 May

The World Economic Forum is pleased to announce that it will hold its Annual Meeting 2022 in Davos-Klosters, Switzerland, from Sunday 22 to Thursday 26 May. Under the theme, Working Together, Restoring Trust, the Annual Meeting 2022 will be the first global in-person leadership event since the start of the pandemic.


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