The market is projected to see revenue growth at a compound annual growth rate (CAGR) of 10.3% by the end of 2026, bringing in more than $700 million in revenue.
Currently, the researchers are working on a way to test the predictability of protective ceramic thermal barrier coatings used in jet engine turbine blades to better determine an estimated expected lifespan of the turbine blades.
As electrified propulsion systems, including hybrid and plug-in electrics, gain market share through 2026, gasoline engines will likely take an increasing share of the remaining conventional ICE sales.
Primary barriers to adoption include data security and privacy concerns, alignment with existing legacy framework, and associated costs of technology adoption.
A recent survey found that 30% of transportation industry respondents plan to introduce robotics into their business operations within the next year, with another 22% actively assessing the technology.
Rio Tinto has signed a memorandum of understanding (MOU) with the Government of Serbia regarding the implementation of the Jadar Project, which is related to a lithium-borate deposit.
Corning’s net sales reached nearly $2.5 billion in the 2017 second quarter, an increase of 6% compared to the prior year’s second quarter and 5% over the 2017 first quarter.
Few manufactured goods in the world today have not taken advantage of the performance benefits of PVD coatings, either in their construction or final form.
The most common of these thin-film vacuum coating processes include evaporation (e.g., using a cathodic arc or thermal technique), ion beam deposition, and sputtering (e.g., using plasmas). All PVD coating processes must occur inside a vacuum chamber so that the vaporized materials do not react with any atmospheric contaminants that could interfere with the microscopic layer of coating, or with the adhesion of the growing thin film to the substrate.
Revenue for the third fiscal quarter was $900.8 million, up 20% compared to the previous year’s fiscal third quarter and exceeding consensus estimates.