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Semiconductor slump challenges global manufacturing growth

South Korea and Taiwan will be heavily impacted as such a large proportion of their manufacturing is tied to semiconductors and the electronics industry, says Interact Analysis’ report.Read more

Components in industrial robot market worth more than $ 18 bn by 2027

A report by Interact Analysis shows an increase in value of components in industrial robots market which was at $10.5 billion in 2021. Japan is currently the largest market for components in industrial robots, but China will catch up by 2027, says report.Read more

Rapid growth sparks innovation and expansion in global battery manufacturing

The increasing price of lithium has led to fierce competition among battery companies, as they invest in lithium resource companies to secure mining rights, says Maya Xiao. Read more

Research: 35% of the value of industrial robots comes from servo motors

Based on five years of research into the global industrial robot market, Components in Industrial Robots market report will be released in June 2023.Read more

Mobile robot components market worth $7.4 billion by 2027

A report by Interact Analysis shows Mobile robot component market growth fueled by demand for order fulfillment robots where US currently dominates the mobile robot component market, but China is set to become a strong rival.Read more

Is cobot market heading for a second growth surge?

Strong growth is predicted in shipments through to 2027 and beyond, with price declines slowing as collaborative robots (cobots) become more intelligent and capable of carrying greater payload, says Maya XiaoRead more

Cobot market to see growth at 20% by 2023

A report by Interact Analysis shows that the collaborative robot market penetration is going to surpass 20 per cent by 2032, while the market in EMEA will have recovered by 2H 2023, the US collaborative robot market will take a while longer. Universal Robots retains the lion’s share of the global cobot market.Read more

Ultra-low voltage drives market to grow to $3.1 billion by 2027

Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more

Global manufacturing growth to slow down, CAGR of 3% to 2027

A report by market intelligence authority, Interact Analysis says that the manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labour shortages continue to hamper US manufacturers whereas the Chinese manufacturing economy gets back on its feet after a turbulent periodRead more

Mobile robots to drive demand for precision gearboxes

The markets for precision gearboxes and motion control systems are closely related. The market for planetary precision gearboxes is forecast to expand significantly, driven by high levels of demand within the mobile robots segment, says Alexander Jones.Read more

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