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• September 2024: Grundfos Holding A/S, a key player in the market, announced its expansion in European water treatment operations. The company highlighted its intent to bolster its global footprint by introducing advanced pump systems and water technologies, underscoring the market's growth potential.
• August 2024: Tapflo UK, a manufacturer of process pumps, multi-stage centrifugal pumps, and engineering solutions, announced the acquisition of TS Pumps, a UK-based company renowned for its high-quality industrial pumps and systems. This strategic move will significantly strengthen Tapflo UK’s current offerings, broadening application coverage and enhancing servicing capabilities across the UK, supporting market growth.

• May 2024: Parker Hannifin introduced the SCP09 pressure sensor, a versatile and reliable solution for hydraulic applications. The SCP09 sensor is designed to provide accurate and precise pressure measurement in various conditions, making it suitable for mobile machinery and industrial hydraulic applications.
• December 2023: Wurth Elektronik updated the WSEN-PDUS Differential Pressure Sensor family. The two new models are compatible with most microcontrollers that support this supply voltage and operate at 3.3 V. About 5 V is needed for the remaining models in this series. All sensors share their high robustness and accuracy of up to ±0.25% FSS tolerance.

• April 2024: DFI unveiled its latest offerings, the compact EC70A-ADP and EC700-ADN Industrial PCs, emphasizing robust performance and reliability across diverse applications and industries. The EC70A-ADP boasts an extensive I/O interface and wide temperature tolerance, making it ideal for flexible deployment in AMRs and AGVs. On the other hand, the EC700-ADN, featuring the cutting-edge Hailo-8 module, stands out with its advanced AI computing prowess tailored for industrial automation. Furthermore, DFI debuted its newest line of compact, fan-less industrial PCs at Embedded World 2024.
• March 2024: GIGAIPC unveiled its newest industrial motherboards and embedded systems lineup, running on the Intel N97 Processor. These systems boast enhanced performance, superior graphics, cutting-edge memory and I/O features, and an overall upgraded user experience compared to their predecessors. It emphasizes power efficiency, with CPU options ranging from 6W to 15W in thermal design power (TDP). This diverse range caters to different processing needs, making it a versatile choice for various markets.

• October 2023: Eaton announced an investment of USD 100 million in its Nacogdoches, Texas, production facility. To meet the demand for solutions to accelerate grid modernization, this project will double the production capacity of Eaton's voltage regulators and three alternating current transformers.
• September 2023: Arteche announced that it was working with Red Eléctrica, Spain's transmission system operator (TSO), and Elewit, a technology platform within the Redeia group, to introduce Zero Emission Portable Auxiliary Source (ZEPAS). The innovative solution aims to revolutionize the way auxiliary services are operated in substations while prioritizing efficiency and environmental sustainability at the same time. To reduce emissions and foster sustainability, the solution is a compact and environmentally friendly portable system designed to supply electricity to auxiliary services in substations directly from high-voltage lines, thereby eliminating the need for traditional generator sets.

• October 2024: OliverIQ has expanded its Smart Home as a Service (SHaaS) platform into Canada, signing Centrale D’Alarme De Bromont as its inaugural security provider partner. Based in Bromont, Quebec, Centrale D’Alarme De Bromont specializes in security services, protecting against threats like break-ins, fires, and floods. Now, as an OliverIQ dealer, Centrale D’Alarme De Bromont is equipped to provide its residential clients with a full suite of smart home automation, management, and support services.
• January 2024: OliverIQ made its debut at CES 2024 in Las Vegas. Operating on a subscription model, OliverIQ is a Smart Home as a Service (SHaaS) platform that provides unlimited support and an intuitive app for effortless control and automation of widely-used smart home devices. Through partnerships with national and global service providers, OliverIQ aims to rapidly broaden its SHaaS offerings, which include product support, unlimited online and phone assistance, in-home services, and security system monitoring.

• October 2024: CBRE South Asia Pvt. Ltd has teamed up with NetApp to oversee its expansive 1.07 million sq ft office footprint in India. This portfolio encompasses NetApp's campus in Bengaluru, alongside sales offices situated in Bengaluru, Mumbai, and New Delhi. The three-year contract, worth USD 3 million, encompasses a suite of Facility Management services. These services include Account Management, Finance and Budget Management, Procurement Management, Transport Management, F&B (Food & Beverage) Management, Cleaning & Janitorial Services, and Repair & Maintenance.
• September 2024: Awfis, a leading player in the coworking space arena, is selling off its facility management division, 'Awfis Care,' to SMS Integrated Facility Services for INR 27.5 Cr (USD 3.2 Million) in a slump sale. This strategic decision enables Awfis to concentrate more intently on its core business, the flexible workspace market, while also easing its administrative and compliance responsibilities. Awfis Care has been instrumental in providing technical maintenance and operational solutions across the company's varied workspaces.

• July 2024: STMicroelectronics unveiled the VL53L4ED, a single-zone Time-of-Flight (ToF) sensor. With an impressive operating temperature range of -40°C to 105°C, this sensor is designed for demanding environments. The VL53L4ED enhances proximity detection and ranging capabilities, even under intense ambient light. Its versatile applications include industrial tools, smart factory machinery, robotic guidance systems, outdoor lighting management, and security solutions.
• June 2024: SICK has launched the Inspector83x 2D vision sensor, integrating Artificial Intelligence (AI) for rapid inspections on production lines. With the SICK Inspector83x, manufacturers can perform machine vision inspections with unmatched confidence and simplicity. The sensor ensures highly reliable outcomes, particularly in vital sectors such as consumer goods, food and beverage, automotive, and packaging.

• September 2024: Pickommerce, a trailblazer in warehouse automation, secured USD 3.4 million in funding. This infusion will accelerate the development, production, and marketing of its flagship PickoBot piece-picking robot. The funding round, led by IL Ventures, also attracted contributions from InNegev, Fusion VC, the Israel Innovation Authority, and ZIM Ventures, the corporate venture arm of the maritime behemoth ZIM Integrated Shipping Services Ltd.
• September 2024: Seegrid, based in Pittsburgh and a specialist in Autonomous Mobile Robots (AMRs) for pallet handling, has successfully concluded a USD 50M Series D investment round. This capital injection is poised to accelerate Seegrid's endeavors in the autonomous lift sector, which are already surpassing growth projections.

• January 2024: TI introduced a range of all-in-one automotive solutions, including the first radar sensor explicitly designed for satellite architectures. It also launched new automotive devices capable of simplifying complex systems into single chips. TI's latest offerings could be a ready-made solution for designers aiming to enhance vehicle performance while meeting safety standards.
• July 2023: Infineon Technologies AG introduced the new XENSIV 60 GHz radar sensor BGT60UTR11AIP. With a compact size of only 16 mm2, it is the smallest 60 GHz radar sensor with antennas in a package (AIP). It is specifically designed for integration into the smallest devices. This makes the sensor ideal for vital sensing (heart and respiratory rate) and healthcare devices such as baby monitors and sleep trackers.

• February 2024: Spark New Zealand, a telecommunications firm, is set to construct a data center in North Shore, Auckland. This initiative is part of a broader expansion strategy, where the company is not only building three 'large-scale' data center campuses in Auckland but also establishing a network of regional data centers nationwide. The total investment for this expansion is estimated to range between NZD 156-189 million (USD 95-115m).
• April 2023: The government of New Zealand announced the building of a data center worth USD 188 million in its Auckland air force base and is expecting to complete construction by 2025. Such initiatives are expected to provide more opportunities for the vendors studied in the market.