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Global low voltage AC drive market reach $14.2 bn: Interact Analysis
Supply chain problems, semiconductor shortages and the war in Ukraine continue to affect global markets, says Interact Analysis report, which expects price rise to continue into 2023.Read more
Budget 2023: The manufacturing fine print
Global commodity supply continued to be disrupted due to intensified Russia-Ukraine war and re-emergence of Covid-19 in China. Read more
Despite slowdown, global manufacturing industry grew 3.8% in 2022
According to Interact Analysis, machinery sector growth outperformed manufacturing in 2022. The US manufacturing industry performed strongly and the Americas growth rate hit 6.9% in 2022, compared to 3.3% for Asia Pacific and 2.6% for Europe.Read more
Cobots: Small size, BIG impact
The global collaborative robot (cobot) market is expected to grow from $ 1.23 billion in 2022 to $ 11.04 billion by 2030 at a CAGR of 31.5 per cent. Today, cobots (which are small in size and less costly) can perform a similar range of activities when compared to traditional industrial robots. Hence, they can have a big impact on India’s manufacturing sector, says Rakesh Rao. Read more
Cobot market is expected to exceed $ 2 billion by 2026
In this interview with Rakesh Rao, Maya Xiao, Senior Analyst, Interact Analysis, talks about changes in collaborative robot technology and their applications over the years.Read more
Maya Xiao: Cobot market is expected to exceed $ 2 billion by 2026
In this interview with Rakesh Rao, Maya Xiao, Senior Analyst, Interact Analysis, talks about changes in collaborative robot technology and their applications over the years.Read more
Smart conveyance market to experience 36% growth in 2022
Linear smart conveyance technology (linear SCT) market grew by 27% in 2021. Top four vendors account for three-quarters of the market with new entrants set to rock the boatRead more
Lithium ion battery market is moving into surge mode
The market share of different Li-ion battery technologies is changing. Interact Analysis forecasts that the market shares of lithium iron phosphate (LFP) batteries and nickel-cobalt-aluminium oxide (NCA)/nickel-cobalt-manganese (NCM) batteries will be evenly divided by 2026, writes Maya Xiao.Read more
Will electromechanical actuators push hydraulic cylinders aside?
While hydraulic cylinders are unmatched in terms of power density and are unlikely to be displaced in most applications in the near-term, they could be replaced by electromechanical actuators in applications that have lower power-density requirements, says Brianna Jackson.Read more
India's potential as a global manufacturing hub
India's industrial sector saw a significant resurgence in 2021. Adrian Lloyd, CEO, Interact Analysis, explains Indian manufacturing and machinery production value in the following report. Read more
