IMT FA to launch in Asian markets as factory automation supplier
Category: #business  By Mateen Dalal  Date: 2019-08-09
  • share
  • Twitter
  • Facebook
  • LinkedIn

IMT FA to launch in Asian markets as factory automation supplier
  • The factory automation supplier is set to launch its brand in the Asian markets by 2019.
  • The company has attained patents and certifications related to the machine automation essentials for smart factory systems.

South Korea based IMT FA, which has been established as a factory automation supplier, has reportedly announced that it is all geared up to open its brand in the markets of Asia this year as well to help the company prosper in every horizon.

As per trusted reports, the manufacturing plants around the globe are progressively opting for smart factory systems which have brought the factory automation under focus as a chief technological ability of the manufacturing industries.

Reportedly, according to the Korea Trade-Investment Promotion Agency, China’s smart factory marketplace was estimated to reach over Chinese Yuan 2 trillion in 2018 and is expected to increase to Chinese yuan 3 trillion by 2020. Considering the market figures, IMT FA has successfully assimilated patents and certifications correlated with machine automation essentials for the smart factory systems.

The IMT FA equipment comprise machining line automation structure, welding robot, press handling robot arm, other robot arm carrying out various functions, arc welding, spot welding system, ultrasonic welding inspection machine and nondestructive testing machine.

It has been claimed that the company’s robotic automation systems hold predominant specialization in welding, along with providing complete solutions for factory automation, ranging from handling to final inspection.

For the uninitiated, IMT FA holds patented technologies associated to robotic automation system for nondestructive testing (NDT). The sales of the NDT system to suppliers of heavy equipment parts for the company have progressively increased in both Korea and China.

With the automation demand recently rising in Vietnam, IMT FA is set to open a local subsidiary in the region. The Vietnamese unit is planned to be established during the first six months of 2020. The company is claimed to expand its overseas business from China to Vietnam, to later utilize it enter into other Asian markets and eventually to the global market.

Source credits:  https://www.businesswire.com/news/home/20190807005931/en/Factory-Automation-Supplier-IMT-FA-Launch-Brand

About Author

Mateen Dalal    

Mateen Dalal

Despite working as a professional testing engineer, Mateen Dalal always held a liking for content creation. Following his passion, he now pens down articles for itresearchbrief.com and a couple of similar portals. Mateen is a qualified electronics and telecommunicat...

Read More>>

More News By Mateen Dalal

U.S. FDA approves FETROJA® (cefiderocol) for treatment of cUTI
U.S. FDA approves FETROJA® (cefiderocol) for treatment of cUTI
By Mateen Dalal

Shionogi & Co., Ltd., a Japan-based pharmaceutical company recently announced approval of drug c...

Disney stock soars as Disney+ reaches 10 million sign ups on day 1
Disney stock soars as Disney+ reaches 10 million sign ups on day 1
By Mateen Dalal

Reports confirm that Walt Disney Co shares climbed to a record high after the entertainment company ...

China’s Xpeng Motors secures $400m to expand electric car production
China’s Xpeng Motors secures $400m to expand electric car production
By Mateen Dalal

  Xpeng has already launched vehicles like G3 SUV and P7 sedan Xpeng and investors like Xia...