All posts by Maya Xiao

Maya has an interdisciplinary technical background in system automation, renewable energy, and intelligent connected vehicles. She is responsible for Interact Analysis’ Chinese industrial automation and NEV research.

The Global Forklift Market – 2020

The current forklift truck market is split roughly 60-40 between electric and diesel trucks. Electric trucks powered by lead-acid cells have been on the scene...

/ June 1, 2020

COVID-19 To Reduce 2020 Industrial Robot Revenue By >8%, Followed By A Rapid Growth To Return From 2021

After a weak 2019, we originally expected the 2020 robot market to recover strongly, but COVID-19 changed the market revenue growth forecast from 4.8% to...

/ May 29, 2020

The Global Forklift Market – 2020

A study on the electrification trend of lifting trucks.

/ April 24, 2020

The Forklift Truck Market Now and Moving Forward

Our post-COVID-19 neutral scenario (we posit 3 scenarios – positive, neutral and negative) sees global forklift shipments in 2020 growing by just 1.4%, as compared...

/ April 16, 2020

BYD reveals strategy to dominate the EV market

As an industrial giant that straddles the key areas of new energy vehicles and lithium-ion batteries, BYD revealed two major pieces of news in March:...

/ April 7, 2020

On and Off-Highway Vehicles Driving Strong Growth in Lithium-Ion Battery Market

A version of this article was originally published in Japanese by Yoshiko Iwahashi-san of Global Information, Inc. (GII) – an information service provider based in...

/ January 17, 2020

The Collaborative Robot Market – 2019

In 2019, overall robot market revenues experienced negative growth for the first time in many years affected by the global manufacturing downturn and reduced demand...

/ January 9, 2020

General Motors and LG Chem Joint Venture – How Does This Differ From Tesla and Panasonic?

On December 5th, General Motors announced that it will work with LG Chem to produce battery cells on a large scale for use in the...

/ December 10, 2019

Cobot Sales Will Reach $5.6bn by 2027, Driven by Growth in Non-Manufacturing Applications

As demand has grown for equipment automation and production flexibility, so too has the desire to find new technologies which can help achieve these aims....

/ December 3, 2019