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Innovative technologies in motion control attract new entrants to the market

Although new vendors have not acquired meaningful market share, as the supplier base has not yet consolidated, we expect they will increase their presence, especially in their local markets; China, Japan and Europe. There has been rapid expansion of the supplier base for linear smart conveyance systems, particularly in the Asia Pacific region, comments, Samantha Mou, Research Analyst, Interact Analysis.Read more

Global battery manufacturing equipment market to reach $30 billion by 2029

Despite a somewhat pessimistic forecast for market revenue, demand from all regions continues to drive the battery equipment market.Read more

The three paths for mobile hydraulics amidst electrified powertrains

Changes to the hydraulic system (often the least efficient system on an off-highway vehicle) are viewed by many vehicle OEMs as necessary to achieve electrification ambitions. Read more

Solid-state batteries plus traditional Li-ion battery manufacturing equipment

The concept of dry electrode technology is like that of solid-state batteries, as it abandons traditional liquid solvents while adapting to current process flows. Through such technological upgrades, manufacturers can gradually adapt to new process requirements without significantly altering back-end equipment, thereby maximising economic benefits, says Maya Xiao, Reasearch Analyst, Interact Analysis.Read more

A rundown of the global battery recycling market

As the capacity of li-ion batteries increases, the amount of scrap batteries in production are also piling up fast, making battery recycling a focal point for the market.Read more

Mobile robots grow precision gearbox market

The global market for precision gearboxes used in industrial robots was worth just over $1 billion in 2023.Read more

Slow local demand & sluggish export growth heavily affect Chinese manufacturing

The US’ ‘decoupling’ with the Chinese supply chain is having notable impacts on China’s manufacturing industry, as some related companies are relocating or duplicating supply chains outside of China.Read more

Over 500,000 industrial robots shipped in 2023 globally

The industrial robot market growth trajectory is in line with global manufacturing output figures.Read more

Global cobot market exceeds $1bn in 2023; strong growth forecast 2024-28

There has been a clear shift from individual to holistic solutions.Read more

Impact of Siemens’ new acquisition on industrial drive market

Siemens’ acquisition of ebm-papst’s industrial drive technology (IDT) business opens up wider global market access for these products, leveraging Siemens’ extensive global sales channels, says Vanessa Lopez.Read more

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