Updated research by Interact Analysis shows that revenues for the key components in industrial robots exceeded $10.5 billion in 2021, which has led the company to revise their forecasts upwards for the next 5 years.
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New research by Interact Analysis shows that the autonomous mobile robot (AMR) and automated guided vehicle (AGV) market is driving growth within the ultra-low voltage (LV) drives market. An ultra-LV drive is categorised as being <60V.
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Interact Analysis explores the key takeaways from 2022 for the industrial and collaborative robot market and key trends anticipated in these markets throughout 2023.
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Strong unit sales in the APAC region increased growth in the low voltage AC drive market during 2022 to an estimated $14.2bn, according to a new report. This growth is heavily driven by retrofit opportunity and increased energy efficiency legislation throughout the region.
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New research from Interact Analysis on the market for smart conveyance technology, shows that its longer-term outlook is much more positive than manufacturing and machinery production growth overall, helped by the faster speeds and enhanced flexibility on offer, becoming increasingly valued by end-users.
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New research from Interact Analysis points to a slow year for global manufacturing output, with growth of 3.9 percent expected in 2022, as a result of an unprecedentedly wide range of pressures on the economy, including inflation and the war in Ukraine.
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Mid-to long-term predictions for the motion control market remain relatively positive, with $19bn of sales predicted for 2026, up from $14.5bn in 2021, according to research by Interact Analysis.
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In this new insight, Senior Analyst Maya Xiao discusses her new research, and we learn about some of the dramatic changes that Chinese manufacturing industry output is undergoing.
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