New research from Interact Analysis shows that the market for industrial robot components will enjoy strong double-digit growth in 2021, marking a clear turnaround after two years of disruption. However, 2021 market growth in revenue terms can be partially explained by major price increases in key components and raw materials, as well as supply chain issues and general inflationary pressure.
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In a new report on the warehouse automation service market, Interact Analysis has revealed that soaring growth in the warehouse automation equipment market is causing parallel growth in the market for service contracts – worth $4.3bn in 2020 and projected to grow to $8.7bn by 2025.
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Predictive maintenance is fast becoming recognised as one of the more easily exploited applications of that popular but not always easily defined concept in industry – digitalisation. Also known as Industry 4.0, digitalisation remains a broad concept which can be difficult to justify in terms of investment. One aspect of digitalisation, however, stands out as worthy of swift and serious consideration: predictive maintenance.
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The landscape for the industrial robot market is undergoing significant change. In a new article drawing on Interact Analysis’s recently released industrial robots report, Senior Research Director Jan Zhang gives an overview of the prospects for industrial robots by end user industry.
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The collaborative robot offers something increasingly sought after on the production line and in the field of logistics – versatility and adaptability. Flexibility is the name of the game at a time when staffing issues can be complex, as we have seen during the pandemic with social distancing and staff shortages. Plus, consumer demand can change overnight, as has been the case with the huge COVID-induced boost in e-commerce.
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Interact Analysis has published a new report on industrial robotics showing that the sector is on track to deliver a swift recovery after a recent unprecedented two-year downturn.
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Interact Analysis has produced a new report on the mobile robot market, forecasting that revenues will grow by nearly a quarter in 2020, despite the chaos being felt around the world due to the COVID-19 pandemic. Revenues are set to reach $2.4bn this year and will surge by a further 50% in 2021 as the impact of the pandemic leads to greater demand for mobile automation.
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Interact Analysis has released a new market report focusing on the industrial robot market. The research outlines reasons to be positive in the sector, despite an immediate, short term decline in revenues.
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