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.
China to ship majority of collaborative robots in 2023
Collaborative robot growth remains strong worldwide and China will be shipping more than 50% of the robots by 2023.
Global manufacturing production to hit $44.5 trillion in 2022
Research from Interact Analysis projects that total manufacturing industry output will grow by 4% in 2022 to $44.5 billion.
Manufacturing output strong in 2021
Interact Analysis reported an 8.3% growth for the manufacturing industry in 2021, which is a rebound from 2020.
Motion control market future looking bright
The motion control market had a strong 2021 thanks to high demand and the future looks equally bright according to an Interact Analysis expert.
Geared products market projected to have strong 2022
Interact Analysis projects the geared motor and industrial gear market will continue its rebound in 2022 with 8.4% growth year over year (YoY).
Industrial robot component revenues to exceed $9 billion by 2025
The industrial robot industry is expected to exceed $9 billion by 2025 and show a healthy rebound after a tumultuous period due to the COVID-19 pandemic.
Solid growth rate projected for the LV drives market in 2021
EMEA regions suffered the greatest drives market decline in 2020, shipping costs and supply issues continue to pose problems, and global revenues will recover to pre-pandemic levels by 2022.
Mobile robot market revenues rise despite COVID-19 delays
Mobile robot revenues and shipments grew in 2020 compared to 2019 by more than 25% in spite of troubles caused by the COVID-19 pandemic.
Slower than expected manufacturing recovery expected post COVID-19
Interact Analysis said in June that good performances by the US, South Korea and China are offset by Europe and Japan, expected to make swift recoveries, and India and Brazil, where slow recoveries are expected. The semiconductor sector is holding back some manufacturing, and some inflation is expected.
Global manufacturing contraction lower than expected in 2020
The manufacturing industry output (MIO) tracker from Interact Analysis reveals a stronger than expected overall global manufacturing performance in 2020.
Collaborative robot market predicted to surge
The collaborative robot market, led by China and the United States, is predicted to thrive over the next several years after a difficult period due to the COVID-19 pandemic.
Motor, industrial gears market expected to recover quickly from COVID-19 impact
In spite of the losses due to the COVID-19 pandemic, the geared motors market is expected to have a period of sustained recovery and growth over the next few years.
Global manufacturing outlook post-COVID mixed depending on sector, region
COVID-19's impact on manufacturing for the short- and long-term depends on the particular industry and the region, though recovery is eventually expected to reach 2019 levels according to Interact Analysis.
Collaborative robot market rapidly expanding according to report
Interact Analysis projects strong growth for the collaborative robot market as non-automotive industries become more invested in the technology.
Europe expected to be fastest-growing market for lithium-ion batteries
Interact Analysis reports Europe will be the fastest growing market for lithium-ion batteries with energy storage being the fastest growing sector.
Autonomous mobile robot shipments achieve record high in 2018
More than 20,000 autonomous mobile robots (AMRs) were shipped in 2018 according to Interact Analysis, which is double the number sold in 2017.