Strong unit sales in the APAC region increased growth in the low voltage AC drive market during 2022 to an estimated $14.2bn, according to a new report. This growth is heavily driven by retrofit opportunity and increased energy efficiency legislation throughout the region.
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Smart conveyance market outlook remains positive in 2022
New research from Interact Analysis on the market for smart conveyance technology, shows that its longer-term outlook is much more positive than manufacturing and machinery production growth overall, helped by the faster speeds and enhanced flexibility on offer, becoming increasingly valued by end-users.
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Global manufacturing output growth reaches 3.9 percent for 2022
New research from Interact Analysis points to a slow year for global manufacturing output, with growth of 3.9 percent expected in 2022, as a result of an unprecedentedly wide range of pressures on the economy, including inflation and the war in Ukraine.
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Motion control market predicted for 5.5 percent CAGR out to 2026
Mid-to long-term predictions for the motion control market remain relatively positive, with $19bn of sales predicted for 2026, up from $14.5bn in 2021, according to research by Interact Analysis.
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Chinese manufacturing: Not all doom and gloom
In this new insight, Senior Analyst Maya Xiao discusses her new research, and we learn about some of the dramatic changes that Chinese manufacturing industry output is undergoing.
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Industrial robots push into new applications and industries
The industrial robot market is embarking on a new phase of development. Robot vendors are widening the scope of their offer, targeting new application scenarios by offering machines of increased versatility.
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Industrial robot market worth over US$11.8bn in 2021
After a 2-year period of contraction, industrial robot shipments saw a YoY (year-on-year) increase of over 30 percent in 2021, according to new research published by Interact Analysis.
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Industrial robots: From maturity to a fast-growth phase
The industrial robot market has, as a result of COVID, done something highly unusual – it has moved from a mature and conservative phase into an exciting, fast-growth, almost start-up-like phase.
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