Blockchain Press Releases
Factory Automation Market Size to Grow USD 558.8 Billion by 2031 at a CAGR of 8.7% Valuates Reports

BANGALORE, India, Aug. 8, 2023 /PRNewswire/ — Factory Automation Market is Segmented by Component (Sensors, Controllers, Switches and Relays, Industrial Robots, Drives, Others), by Control and Safety System (Distributed Control System (DCS), Supervisory Control and Data Acquisition System (SCADA), Manufacturing Execution System (MES), Systems Instrumented System (SIS), Programmable Logic Controller (PLC), Human Machine Interface (HMI)), by Industry Verticals (Automotive Manufacturing, Food and Beverage, Oil and Gas Processing, Mining, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.
The global factory automation market was valued at USD 242.5 Billion in 2021 and is projected to reach USD 558.8 Billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.
Get Free Sample: https://reports.valuates.com/request/sample/ALLI-Auto-4K264/Factory_Automation_Market
Major factors driving the growth of the Factory Automation Market:
With few alterations to the market structure, factory automation has developed gradually. However, due to technological disruptions, macro trends including reshoring, a worldwide shortage of trained workers, and environmental, social, and governance (ESG) initiatives, the rate of change is quickening.
Over the course of the projection period, it is predicted that the factory automation market will grow significantly as a result of the increased need for automation for reliable and high-quality production.
Additionally, industry participants are focusing on improving the manufacturing process efficiency to produce goods that are both affordable and of high quality, which has a big impact on the size of the factory automation market. The rising use of Industry 4.0 revolutions, which will standardize operations, is also anticipated to have an impact on the future of the industrial industries.
View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-4K264/factory-automation
TRENDS INFLUENCING THE GROWTH OF FACTORY AUTOMATION MARKET:
The demand for factory automation solutions is driven by the development of 5G wireless technology and the adoption of Industry 4.0 in a number of industries, including fiber & textiles, infrastructure, plastics, pharmaceuticals, and others. Industrial IoT, digital twin, and digitization The rise of teach-less robots, soft programmable logic controllers (PLCs), and digital twins are predicted to be the three major trends in the factory automation sector. This factor is expected to drive the Factory Automation Market.
Factories with fully functional automation systems will unquestionably outperform businesses with fewer or no robotics. Theoretically, those with the most advanced automation systems may generate more than three times as much as their rivals. Systems that automate tasks can also operate for longer periods of time. Even if factories with fully developed automation systems must produce more complex items, this helps to boost the volume of output. Additionally, since machines are programmed to operate with extreme precision and exceptional efficiency, automation systems guarantee that there is little room for human error throughout manufacturing. It is also known that one robot can produce at a rate comparable to three to five workers. This factor is expected to drive the Factory Automation Market.
Modern automation makes it possible for factories to run considerably more cheaply. Nowadays, a few individuals and a few robots produce goods instead of hundreds of workers on an assembly line. Gaining a profit and a return on investment (ROI) will be simpler for businesses. Payroll, benefits, insurance, and sick leave costs can all be decreased by using more robots and fewer workers. This factor is expected to drive the Factory Automation Market.
The automation systems in factories can now be upgraded continuously to work in a more environmentally responsible manner. Modern systems are known to have a smaller environmental impact. Modern machinery is more accurate and controlled, uses less power, and produces less waste heat. Machines can also be mounted on walls, which are typically underused in traditional factories and can be placed in tight corners to save even more floor space. Additionally, it permits businesses to add more machines inside the plant. Additionally, robotics’ accuracy reduces the amount of scrap produced during production. This factor is expected to drive the Factory Automation Market.
Not only will manufacturing be more affordable as a result of robots, but it will also be much safer. The days of factory workers accidentally hurting themselves while the product was being made are long gone. Humans are still required, but only to manage and supervise production, apply the finishing touches, and check and guarantee the quality of the final items. This factor is expected to drive the Factory Automation Market.
Buy Chapters: https://reports.valuates.com/request/chaptercost/ALLI-Auto-4K264/Factory_Automation_Market
FACTORY AUTOMATION MARKET SHARE:
In terms of revenue, the industrial robots segment dominated the market, and it is anticipated that this trend would continue during the projected period.
In terms of revenue, SCADA led the market in 2021 and is anticipated to rule the sector throughout the projected period.
Latin America accounted for a sizable portion of the factory automation market in LAMEA in 2021 as a result of the presence of leading vendors like ABB Ltd, Middle East Builders Mechanical Group, and others who are making large investments in the region. Furthermore, from 2022 to 2031, the Middle East is predicted to rise at a fast CAGR of 9.79%.
Get Regional Report: https://reports.valuates.com/request/regional/ALLI-Auto-4K264/Factory_Automation_Market
Key Companies:
- ABB Ltd
- Danaher Industrial Ltd
- Emerson Electric Co
- General Electric
- Honeywell International Inc
- Mitsubishi
- Electric Corporation
- OMRON Corporation
- Rockwell Automation Inc
- Schneider Electric
- Siemens AG
- Yokogawa Electric Corporation.
Buy Now for Single User + Covid-19 Impact : https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-4K264&lic=single-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS
- Factory Automation Platform as a Service Market
- Factory Automation (FA) Sensor Market
- Factory Automation Software Market
- Discrete Industrial Control and Factory Automation Market
- Machine And Factory Automation Market
- Industrial Wireless in Factory Automation Market
- Factory Automation And Assembly Technology Market
- IoT Industrial Factory Automation Solutions Market
- Assembly Line Factory Automation Market
- The global market for Robotic Process Automation (RPA) Market is estimated at USD 426.7 million in the year 2022, is projected to reach a revised size of USD 2404.5 million by 2028, growing at a CAGR of 33.4% during the forecast period 2022-2028.
- The global warehouse automation market size was valued at USD 13.6 Billion in 2021, and is projected to reach USD 57.6 Billion by 2031, growing at a CAGR of 15.3% from 2022 to 2031.
- The global Retail Automation market was valued at USD 15100 million in 2022 and is anticipated to reach USD 26550 million by 2029, witnessing a CAGR of 9.9% during the forecast period 2023-2029.
- The global Industrial Automation market size is projected to reach USD 212410 million by 2027, from USD 130710 million in 2020, at a CAGR of 6.7% during 2021-2027.
- Smart Factory market is projected to reach USD 131740 million by 2028 from an estimated USD 71200 million in 2022, at a CAGR of 10.8% during 2023 and 2028.
- Digital Process Automation market size is projected to reach USD 11770 Million by 2027, from USD 6451.8 Million in 2020, at a CAGR of 8.5% during 2021-2027.
- Industrial Controls and Factory Automation market size is projected to reach USD 224400 million by 2028, from USD 137150 million in 2021, at a CAGR of 7.2% during 2022-2028.
Click here to see related reports on Factory Automation Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
https://reports.valuates.com/sitemap/html/reports/912
https://reports.valuates.com/sitemap/html/reports/913
https://reports.valuates.com/sitemap/html/reports/914
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/factory-automation-market-size-to-grow-usd-558-8-billion-by-2031-at-a-cagr-of-8-7-valuates-reports-301895830.html
Blockchain Press Releases
WSPN Launches Revolutionary Bank API Integration, Enabling WUSD Minting in Under 5 Minutes

SINGAPORE, April 28, 2025 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN) is pleased to announce a groundbreaking enhancement to its stablecoin infrastructure with the launch of a new bank API integration that enables users to mint WUSD in under 5 minutes, 24 hours a day, 7 days a week.
This technological advancement represents a significant milestone in the stablecoin industry, effectively eliminating the traditional waiting periods associated with fiat-to-crypto conversions and providing users with unprecedented access to digital assets regardless of banking hours or geographic location.
“Our mission has always been to break down barriers in the financial ecosystem,” said Raymond Yuan, Founder & CEO of WSPN. “This new integration revolutionizes the speed and efficiency with which users can access stablecoins. Minting WUSD in under 5 minutes, regardless of the time or day, creates unprecedented opportunities for both individual and institutional users in the digital asset space.”
Key Features of the Enhanced WSPN Portal:
- Automated Fiat Deposits: Streamlined process for transferring USD from bank accounts to the WSPN platform
- 5-Minute Minting Process: Complete end-to-end conversion from USD to WUSD in under 5 minutes
- 24/7 Availability: Continuous service regardless of traditional banking hours
- Multi-Bank Support: Integration with Green Link Digital Bank, FV Bank, and Banking Circle
- Cross-Chain Compatibility: Easy withdrawal of newly minted WUSD to Ethereum or Polygon networks
The enhanced system operates through a simple three-step process: users deposit USD from their bank, mint WUSD from their USD balance, and can then withdraw WUSD to their preferred blockchain wallet. Each step has been optimized for speed and security, with the entire process taking less than 5 minutes from start to finish.
This development comes at a time when demand for efficient fiat-to-crypto on-ramps continues to grow, particularly for stablecoins that serve as a bridge between traditional finance and decentralized applications. By removing time constraints and simplifying the minting process, WSPN is positioning WUSD as a leading solution for users who require immediate access to digital assets.
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
Logo – https://mma.prnewswire.com/media/2429245/WSPN_logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/wspn-launches-revolutionary-bank-api-integration-enabling-wusd-minting-in-under-5-minutes-302439499.html
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
-
Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
-
Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
-
Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
-
Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
Blockchain Press Releases
Bybit Exchange Gold & FX Trading Hits All-Time-High As Gold Prices Soar

DUBAI, UAE, April 25, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and the first mainstream cryptocurrency exchange to incorporate Gold & FX trading on its trading platform, is thrilled to introduce the Gold & FX Referral Program as Gold price skyrockets. This exclusive offer is available to eligible Bybit users only, with up to 10,000 USDT in bonuses available for top referrers.
In April 2025, Gold prices surpassed $3,500 per ounce for the first time in history, soaring by 42% year-on-year. Despite brief corrections, the oldest safe haven asset’s price growth continues to seem unstoppable as macroeconomic uncertainty intensifies. Live since August 2024, Bybit’s Gold & FX trading volumes also hit an all-time-high — exceeding $24 billion over a 24 hour period on April 17, 2025.
To help traders capture the momentum, Bybit has unlocked a total 180,000 USDT prize pool for Gold and FX traders from now until 10AM UTC, May 22 on a first-come, first-serve basis. Eligible referrers may register at the campaign page to join the referral mania, refer friends to make a first-time deposit and trade Bybit’s MT5 platform to win rewards:
- Referrers can each earn up to 10,000 USDT if their successful referees make an eligible first-time deposit and trade the minimum required number of lots.
- Referees shall automatically qualify for zero fees when trading the following indices with MT5 on Bybit: DJ30, NAS100, CHINA50, SP500, GER40, US2000, HK50, FRA40, Nikkei225, UK100, EU50, ES35, HKTECH, BVSPX, SA40, SPI200, SGP20 and TWINDEX.
With Gold forecast to reach new heights and Bybit expanding its multi asset class products across its various exchange trading capabilities, more traders are expected to turn to the exchange for access to their comprehensive suite of trading tools, with unique market offerings ranging from trending tokens to global indices. Bybit is committed to leading in user experience and redefining rewards in the crypto trading space.
Restrictions apply. Users may refer to the campaign page for further details.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/bybit-exchange-gold–fx-trading-hits-all-time-high-as-gold-prices-soar-302438498.html
-
Blockchain7 days ago
Islamic finance Market to Reach $3.4 Trillion by 2027 in the short run and $7.7 Trillion by 2033 Globally, at 12.0% CAGR: Allied Market Research
-
Blockchain4 days ago
Blocks & Headlines: Today in Blockchain – April 24, 2025 (Decrypt, CoinDesk, Cointelegraph, 80 Level, UNDP/BGA)
-
Blockchain5 days ago
Blocks & Headlines: Today in Blockchain – April 23, 2025 – EDPB, Binance, MicroCloud, Nile Coin, TruaBroker
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day)
-
Blockchain4 days ago
Blaqclouds Board Approves 30-Day Revenue Acceleration and Ecosystem Monetization Plan
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
-
Blockchain Press Releases7 days ago
Introducing Clementine Bridge: Citrea Deploys First Complete BitVM Bridge Design on Testnet
-
Blockchain Press Releases4 days ago
10% Rebate: Bybit Card Introduces USDC Cashback