Mitsubishi Electric Ord Shs MIELF

Industrials

Mitsubishi Electric Corporation is a Japan-based company engaged in the comprehensive electric business. The Company operates in six business segments. Heavy Electrical Systems segment provides turbine generators, large video display devices, as well as elevators. Industrial Mechatronics segment conducts factory automation (FA) system business and automotive equipment business. The segment provides programmable controllers, numerical control devices, as well as car multimedia equipment. Information & Communication System segment provides wireless communication equipment, artificial satellites and network security systems. Electronic Device segment conducts semiconductor and device business and provides power modules, optical elements and liquid crystal display (LCD) devices. Home Appliances segment provides LCD TVs, room air conditioners, as well as refrigerators. Others segment provides services in material procurement, logistics, real estate, advertising and finance areas.

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Mitsubishi Electric Ord Shs

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Post by ivosmithon Dec 14, 2023 7:34am

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Construction 4.0 Market Outlook 2024-2032

According to the latest research report, the global construction 4.0 market size reached US$ 16.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 56.6 Billion by 2032, exhibiting a growth rate (CAGR) of 14.58% during 2024-2032.

Construction 4.0 Market Trends and Drivers:

The market is currently experiencing growth due to the increasing adoption of advanced technologies, including building information modeling (BIM) and data analytics. BIM, in particular, is playing a significant role by offering a comprehensive digital representation of construction projects, facilitating improved planning, coordination, and visualization. It optimizes resource allocation, reduces errors, and enhances overall project efficiency. Simultaneously, data analytics is providing valuable insights into project performance, enabling stakeholders to make informed decisions and mitigate risks. Stakeholders in the construction industry are actively pursuing enhanced operational efficiency and cost-effective solutions. Consequently, these technologies are actively contributing to streamlining project timelines and reducing overall business costs.

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