2024 Global Instrument Industry News: Intelligent and Internet of Things Technology Leading the Trend


Time:

Aug 21,2024

1. Global smart meter market continues to expand

The global smart meter market is expected to reach $45 billion billion in 2024 and will continue to grow at an average annual rate of 15% over the next five years.

With the advantages of high precision, real-time data acquisition and remote monitoring, intelligent instrument has become an important part of the industrial 4.0 era.

The main application areas include smart grid, smart water, industrial automation and intelligent building management.


2. Honeywell Releases Intelligent Flowmeter Based on Internet of Things

Honeywell (Honeywell) has released a smart flow meter based entirely on Internet of Things (IoT) technology.

The flowmeter integrates advanced sensing technology and wireless communication module, which can realize real-time data transmission and remote monitoring.

This innovative product not only improves the accuracy and reliability of flow measurement, but also greatly reduces operation and maintenance costs, especially suitable for oil and gas, chemical and water treatment industries.


 

VersaFlow Magnetic Flowmeters

ABB Launches New Fully Automated Process Control System
 

ABB has launched a new fully automated process control system that integrates artificial intelligence and machine learning algorithms to analyze and optimize data in industrial processes in real time.

The system has been piloted in several large chemical plants in Europe, significantly improving production efficiency and safety.

ABB said that in the future, the application scope of the system will be further expanded to cover more industrial fields.


 

4. Emerson Launches New Wireless Temperature Sensor

Emerson (Emerson) has introduced a new wireless temperature sensor that uses low-power wireless communication technology to work stably for long periods of time in extreme environments.

The sensor is particularly suitable for the oil and gas and chemical industries, and provides a reliable solution for temperature monitoring under complex conditions.


 

Rosemount 248 wireless temperature transmitter

 

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