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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
Best Power Equipments Expands to UAE, strengthen its global reach
Best Power Equipments (BPE), a leading Indian manufacturer of power solutions, expands operations to Dubai, UAE, aiming to strengthen its industry leadership through innovation and market adaptability. BPE offers cutting-edge UPS systems and recently received recognition for efficiency.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
India is a very underserved market in material handling equipment
The Indian warehousing industry is evolving over time. With the invent of digitalisation, artificial intelligence, internet of Things (IoT) the industry is taking a transformation towards automation. Godrej Material Handling has been a pioneer in this business and in this interview Neville Mevawala, Head, Sales & Marketing, Godrej Material Handling gives an overview of current trends and market potential of the warehousing and material handling Industry of India.Read more
Rising hygiene need drives demand for sanitary pumps
APAC region (driven by food and beverage industry) is expected to witness high growth in demand for sanitary pumps due to its large population and increasing urbanisation, says Technavio report.Read 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
L&T Construction wins power transmission projects in Indian and overseas market
L&T Construction bags order under Results-linked Distribution Sector Scheme (RDSS) in the western part of Rajasthan and Chennai in India. The PT&D business has also won an order to supply, construct, test, and commission a 132kV substation in the United Arab Emirates.Read more
Energy sector is Beckhoff’s biggest market in India
In this interview with Rakesh Rao at Hannover Messe 2023, Marcel Meier, Area Sales Manager International Sales, Beckhoff Automation GmbH & Co KG, discusses about the company’s vision and its strategy for IndiaRead more
Indian market has a huge demand for hydraulic products
Static Hydraulic is a renowned engineering firm with immense experience in the field of manufacturing a comprehensive variety of hydraulic accessories. Sanajit Lahiri, MD, Static Hydraulic, in this interview, tells that the company is looking to grow in coming years with its newly established plants in West Bengal to manufacture varied hydraulic equipment.Read more