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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
Solar market in a bright spot
As India looks to become a net-zero economy by 2070, the country’s renewable sector can have an economic impact of over $ 1 trillion by 2030 and $15 trillion by 2070, as per CII-Mercom report. But, how much of this transition towards green energy will be powered through locally manufactured components and systems, says Rakesh Rao.Read more
The changing dynamics of material handling market
In spite of robust industry growth, number of modern material handling equipment (MHE) sold in India (especially the modern equipment) are very small compared to developed countries. This presents huge opportunities for MHE makers who can provide cost-effective, high-quality innovative solutions to the end-user industries, says Rakesh Rao. Read more
"Air pollution control equipment market is picking up pace"
The Sweden based Camfil Group offers air filters and clean air products to protect both, people as well as processes. In this interview, Shashi Shekhar, Managing Director, Camfil India Pvt Ltd, says that the growing market of air pollution control product and air filters is encouraging the company to indigenise the production for fulfil the local requirements.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
Energised power sector propelling transformer demand
India’s power & distribution transformer market is expected to reach $ 4.26 billion by 2030 from $ 2.14 billion in 2020. This article highlights some of the factors driving the growth of the transformer market due to changes in India's energy requirements.Read more
India's auto component market up 23% in 2021-22
Indian automotive component industry registered a turnover of Rs 4.20 lakh crore ($ 56.5 billion) in FY 2021-22, registering a growth of 23% over the previous year, according to the findings of Automotive Component Manufacturers Association of India (ACMA). Read more
Smart, green features gaining traction in HVAC market
The integration of advanced technologies such as Internet of Things (IoT) and need for eco-friendly features is also offering significant growth opportunities to the Indian HVAC market.Read 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