James Prestwood

James Prestwood

Industry Analyst

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James Prestwood In The News

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Manufacturing.Net (2023-08-22)
“PLC market growth is driven by new manufacturing requirements, such as for smart connected products, EVs and battery manufacturing," James Prestwood, Industrial and Manufacturing Industry Analyst at ABI Research, said. "New production techniques and a 'digital-first' mindset are also encouraging new automation solutions like software-based PLCs."
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Industrial Equipment News (2023-08-22)
“PLC market growth is driven by new manufacturing requirements, such as for smart connected products, EVs and battery manufacturing," James Prestwood, Industrial and Manufacturing Industry Analyst at ABI Research, said. "New production techniques and a 'digital-first' mindset are also encouraging new automation solutions like software-based PLCs."
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Technology For You (2023-08-22)
The PLC market is the largest industrial automation hardware segment with sales projected to reach US$30 billion by 2033. “PLC market growth is driven by new manufacturing requirements, such as for smart connected products, EVs, and battery manufacturing. New production techniques and a “digital-first” mindset are also encouraging new automation solutions like software-based PLCs,” explains James Prestwood, Industrial and Manufacturing Industry Analyst at ABI Research.
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Manufacturing Business Technology (2023-08-22)
“PLC market growth is driven by new manufacturing requirements, such as for smart connected products, EVs and battery manufacturing," James Prestwood, Industrial and Manufacturing Industry Analyst at ABI Research, said. "New production techniques and a 'digital-first' mindset are also encouraging new automation solutions like software-based PLCs."
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Smart Industry (2023-03-16)
According to ABI Research, the machine-tool market will grow by a compound annual-growth rate of 4.3% from 2022 to 2032 and reach US $245.2 billion in manufacturing value-added. “This is driven by new product design facilitating the need for new machine tools, old equipment reaching the end of its lifecycle and requiring replacement, and new machine-tool solutions being provided and incentivizing upgrades,” explained James Prestwood, industrial and manufacturing-research analyst at ABI Research.
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Control Engineering Europe (2022-09-27)
“While some manufacturers remain hesitant to move to cloud-based MES software due to security concerns, the ease of deployment and maintenance, alongside cheaper and transparent costing, will continue to encourage manufacturers to adopt this new structure and usage,” said James Prestwood, industrial and manufacturing analyst at ABI Research.
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