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Low voltage AC drive shipments exceed 20 m in 2023
According to the market intelligence specialist, the pace of low voltage (LV) AC drive market growth slowed last year and is expected to continue to do so in 2024, with steady growth returning to the global drives market in 2025.Read more
Global geared products market anticipates slowdown; India to prop up revenue
Interact Analysis forecasts a revenue decline of 1.9 per cent for the global geared motors and industrial gears market in 2024. It is expected that Indian and Southeast Asian markets will prop up revenue growth of geared products in APAC over the next couple of years. Read more
70% of Indian & APAC warehouses likely to embrace workflow automation by 2024
According to Zebra Technologies’ 2023 Global Warehousing Study, 84 per cent of Indian and Asia Pacific (APAC) warehouse leaders emphasise technology adoption like robotics for employee retention amid labour shortages.Read more
Stimulus policies ‘improve outlook for China’s manufacturing output’
In order to better understand how China’s manufacturing industry is performing and its outlook for the future, this interaction with Interact Analysis Research Analyst, Samantha Mou shades light on China’s manufacturing output.Read more
Fragile manufacturing industry recovery in 2025 reliant on prudent fiscal policies
The US and Europe are both on the brink of a short minor recession in 2024, as green shoots of a tentative recovery are seen elsewhere in the global manufacturing economy.Read more
Global manufacturing output set to grow by a mere 0.3% in 2024
According to the firm Interact Analysis? latest research, the outlook for global manufacturing is bleak, and this looks set to continue throughout 2024 into early 2025.Read more
Smart conveyance technology market to be worth $1.3 billion by 2027
Interact Analysis’ latest smart conveyance technology report deep dives into both the linear and planar smart conveyance technology markets.Read more
Ultra-low voltage motors market worth $6.5 bn by 2027
New research by market intelligence firm Interact Analysis shows mobile robotics is driving demand for ultra-low voltage motors and will account for 15.6% of shipments by 2027. Maxon, Ametek and Minebea Mitsumi are top three players.Read more
Rockwell Automation acquires autonomous robotics firm Clearpath Robotics
The acquisition of Clearpath will accelerate Rockwell’s end-to-end autonomous production logistics solutions, providing safer, more efficient manufacturing environments for customersRead more
Semiconductors sales slump strikes South Korea and Taiwan
Global demand for semiconductors has plummeted this year, hitting the heavily specialised manufacturing economies of South Korea and Taiwan particularly hard says Adrian Lloyd, CEO, Interact Analysis.Read more