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Geared motors market on a smooth ride
Machinery manufacturers are the main consumers of geared products. Conveyor manufacturers, who were the largest market for geared products in 2020, are expected to see strong growth in the coming years driven mainly by the logistics and factory automation sectors, says Shirly Zhu.Read more
Geared products market to reach $14 bn by 2025: Report
While China continues to be the largest market for industrial geared products, SEW Eurodrive retain the largest share of the market, says Interact Analysis reportRead more
Demand for drives is linked to levels of automation
The performance of the Low Voltage (LV) drives market is closely tied to overall global manufacturing output. According to Blake Griffin, Senior Analyst at Interact Analysis, global sales of low voltage motor drives dropped by approximately 8.9% in 2020. Read more
Factors driving predictive maintenance needs in process industries
While legacy condition monitoring systems are still used to a large extent, their limitations in terms of affordability and accessibility have pushed smart sensing to the forefront of predictive maintenance solutions, says Blake Griffin of Interact Analysis.Read more
Two contrasting trends in geared motors market
According to Tim Dawson, the supplier landscape is characterised by two contrasting trends - a small number of unusually dominant firms; and an unusually large number of overall suppliers into the market.Read more
Global manufacturing industry is limping in the right direction
The long running semiconductor shortage saw strains on supplies caused by booming sales in electronic devices at the height of the pandemic, says Adrian Lloyd.Read more
Contraction in global manufacturing output lower than expected at 3.9% in 2020
India, China, Japan, and the US have together racked up in excess of $ 200 billion in lost MIO (Manufacturing Industry Output) potential in 2020, says Interact Analysis report. Machine tools were the biggest casualties globally, while semiconductors and electronics machinery sector emerges virtually unscathedRead more
