Interact Analysis
Articles
Ultra-low voltage drives market to grow
Interact Analysis research reported global ultra-LV drives market are worth $753 million in 2021. AMR/AGV account for 11% of total market revenues in 2022.
Modest global manufacturing growth expected
Global manufacturing growth will be constricted in 2024, but will rebound by 2027 according to an Interact Analysis report.
Global manufacturing industry growth reached 3.8% in 2022
Regionally, the US manufacturing industry performed strongly last year, with the Americas growth rate hitting 6.9% in 2022, compared to 3.3% for Asia Pacific and 2.6% for Europe.
Low voltage ac drive unit sales grow thanks to strong Asia market
Interact Analysis reported that strong unit sales in the Asia-Pacific (APAC) region increased growth in the low voltage ac drive market to more than $14 billion in 2022.
Geared products market to grow by 7.2% in 2022
With steep drops in commodity and freight costs anticipated in 2023, falling prices will see 2022's rapid growth rate slow.
Low-voltage ac motor market grows 21.2% in 2022
Rising prices helped the low-voltage ac motor market grow by more than 20% in 2022, but price declines are expected in 2023.
Global manufacturing output growth at 3.9% in 2022
Pressure on the economy has contributed to a downward trend in global manufacturing output growth according to an Interact Analysis report.
Global motion control market grows more than 20% in 2021
The global market growth in motion controls jumped more than 20% in 2021 and is expected to have slower, but still strong, growth through 2026.
Industrial robot market worth over $11 billion in 2021
After a 2-year period of contraction, industrial robot shipments saw a year-on-year (YoY) increase of over 30% in 2021, according to new research published by Interact Analysis.
Mobile hydraulics market grows in 2021
Mobile hydraulics grew from 2019 to 2021 thanks to a boom in material handling and increased demand for construction equipment.