Graduating Magna Cum Laude with a degree in business and economics, Blake‘s area of coverage includes various industrial automation technologies such as low voltage AC motor drives and industrial/mobile hydraulics for Interact Analysis.
The top three suppliers of low voltage ac motors made waves in the motor and drives space with a string of acquisition announcements in early August. First, WEG announced its acquisition of Gefran’s motion control business.
Because of the increased demand for electric steel, it is difficult for vendors to acquire the necessary goods to complete their productions.
Data centers are becoming more powerful as they gather more data and need high-efficiency motors to match their data consumption, which takes a lot of energy.
There are several factors in crucial areas of the motor and drive supply chain to note as the Russian invasion of Ukraine continues. See video.
Market research shows three trends influencing the drives market: functional safety, predictive maintenance and efficiency regulations.
Labor shortages and supply chain disruptions are all coming together to cause a much slower recovery in the low-voltage drive market according to a report by Interact Analysis.
The low-voltage (LV) drives market, like all other markets, dealt with a turbulent 2020 brought on by the COVID-19 pandemic, but it should rebound if the Infrastructure Bill passes.
Smart sensors and machine learning algorithms detect anomalies in industrial machines, and as algorithms become better trained, software can accurately predict when machines with industrial automation is at risk of failure. New business models for machine as a service (MaaS) may help overcome slow adoption of predictive maintenance technologies.