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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

Machine vision players opt for acquisition route for growth

While many new vendors are entering the machine vision market, global corporations are investing in acquiring technology and expertise in each of the machine vision component sectors, says Jonathan Sparkes.Read more

Indian battery market in need of urgent active solutions

Despite active responses from domestic companies and strong interest from overseas manufacturers in the Indian market, issues related to domestic industry protection and the business environment remain obstacles, resulting in relatively slow development of the domestic battery industry chain, says Yvonne ZhangRead more

Siemens’ Innomotics: Who will purchase this motor giant?

In November of last year, Siemens announced that it is actively seeking a buyer for its Innomotics business. In this article, Vanessa Lopez explores the likely contenders to buy this motor giant.Read more

3D cameras to drive machine vision market growth

Revenue for 3D machine vision cameras is expected to grow from $767 million in 2022 to almost $1.6 billion in 2028, with particularly strong growth projected for time-of-flight and stereo-vision cameras, says Jonathan Sparkes.Read more

Machine vision market aims CAGR of 6.4% between 2022 and 2028

The machine vision market is anticipated to recover from 2025 onwards, in line with Interact Analysis’ predictions for manufacturing and machinery production growth.Read more

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

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