Interact Analysis
Articles
Global manufacturing industry recovery in 2025 to follow sluggish 2024
The global manufacturing economy will remain sluggish in 2024 and is forecast to expand by just 0.6% compared with last year.
Industrial robot forecast remains positive despite recent headwinds
Despite troubles over the last few years with sluggish growth, particularly in the Americas, overall projections for the industrial robot market remain positive.
Cobot market exceeds $1 billion in 2023; strong future growth expected
The global collaborative robot (cobot) market topped $1 billion in revenues during 2023 and strong growth is expected through to 2028.
Global manufacturing growth expected after tough 2024
The global manufacturing industry is expected to have a tough 2024, but overall growth is expected for the next several years.
Long-term market growth expected for low-voltage ac drive market
While the low-voltage ac drive market will contract in the short-term, the long-term outlook remains positive according to Interact Analysis research.
Machine vision market to rebound with steady growth
The machine vision market will return to single-digit growth in 2024 following declines in 2023 and will grow by more than 6% by 2028.
Low-voltage ac motor market to see minor contraction in 2024
The low-voltage ac motor market is expected to contract slightly in 2024, but will grow again in 2025 according to Interact Analysis.
Slowdown anticipated for geared products market
Interact Analysis’ research found many gearbox suppliers observed a slowdown in 2023 and is expected to continue in 2024.
Global manufacturing output to grow only 0.3% in 2024
Manufacturing growth is expected to be slight in 2024 due to economic concerns with inflation, but there are positive signs for the future.
Ultra-low voltage motors market expected to have double-digit growth
The ultra-low voltage motors market is expected to be worth $6.5 billion by 2027 and growing more than 12% during that period as demand, particularly for robot applications, increases.