Maya Xiao, Senior Research Analyst – China, Interact Analysis
Articles by Maya Xiao
As a result of COVID-19, the industrial robot market has moved from a mature and conservative phase into an exciting, fast-growth, almost start-up-like phase.
Traditional industrial robots will maintain their presence, but opportunities exist for the cobot market to grow in automotive spaces.
The global Lithium-ion battery market is moving into surge mode with an increase of more than 70% in 2021.
Industrial robots used to be a mature market, but COVID-19 has turbo-charged factory automation and is attracting considerable new investment.
The pandemic has encouraged more companies to try a cobot as a solution to virus-related disruption, on-going labor shortages and more.
The latest research from Interact Analytics into the fast-moving lithium-Ion battery market offers a dual-track focus.
While manufacturing in China did well in 2020, Interact Analysis reports its growth will lag behind other countries in 2021.
Growth in e-commerce and logistics require mobile and flexible robots and collaborative robots will play a key role in their growth as well as other industries.