Even in a down economy, ARC Advisory Group is predicting that the control valve market will reach close to $3.5 billion in just four years—up from $3 billion in 2002. Why the surge in sales? ARC attributes the growth to new opportunities in food and beverage, drugs and pharmaceuticals, and the specialty chemical market. Control valves offer performance gains and greater functionality, and are playing a role in predictive maintenance and remote diagnostics.
Parallax Inc. is known for developing the Basic Stamp microcontroller development board and educational accessory kits. In addition to developing a user-friendly educational platform to learn about 8-bit microcontrollers and software programming, it created a multicore 32-bit chip called the Propeller.
Researchers working with additive manufacturing have said multimaterial techniques will allow industry “to fabricate materials with combinations of density, strength, and thermal expansion that do not exist [yet].”
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