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With flexible production being in demand, autonomous handling systems and robots are expected to adapt to changing requirements faster. Besides, those moving around with “domain+” skills would be on the top of the recruiters’ agenda.
Augmented reality solutions are being asked for IoT functionality is capable of tracking and evaluating production quotas, expanding control rooms, and creating various models related to predictive maintenance. Industry 4.0 workforce would, indeed, be complementing robotics. Persistence Market Research is endowed with expertise herein in the form of consultants and analysts.
Collaborations, acquisitions, and mergers are highly prevalent in this competitive landscape.
Construction project implementation rates, related manufacturing output production rates, and supply chain networks have been disrupted as a result of the ongoing COVID-19 outbreak. Though sales of gas insulated transmission lines dropped in the early phase of the pandemic, the market is likely to rebound dramatically in the years ahead.
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Key Takeaways from Market Study
The gas insulated transmission line market is identified to be significantly consolidated. Some of the key players in the market are Siemens AG, GE Grid Solutions, AZZ Incorporate, ABB, Hitachi ABB, LS Cable & System Ltd., and Beta Engineering.
These players have higher shares in the global market and have longstanding relationships with a number of end users for the supply of gas insulated transmission lines.
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