Inovance Expanding Internationally with BST Acquisition
On the 15th October 2019, China-based automation equipment manufacturer Inovance announced the acquisition of elevator component vendor BST. Inovance plans to merge BST with its...
Motion Control Market to Exceed $15bn by 2023 Despite Dip in 2019
Our recent report predicts that despite a small decline in 2019 (-3.8%) the market for motion control products will grow strongly for the next four...
The Trend for Electrification of Logistics Vehicles Fleets – Executive Whitepaper
Electrification generally is gaining traction around the world for a variety of reasons including government legislation and incentives; rapidly improving total cost of ownership...
The Lithium-Ion Battery and the Electric Vehicle – Executive Whitepaper
Markets in batteries for electric buses and private passenger electric vehicles will see the most significant growth, whilst the off-highway vehicle sector will lag...
Electrification of Off-Highway Vehicles: An Opportunity To Be Grasped – Executive Whitepaper
Emissions legislation is a significant factor in the drive towards the electrification of both on- and off-highway vehicles. The large increase in the market...
Teradyne Doubles Down on Mobile Robots with AutoGuide Acquisition
Teradyne this week announced that it would be acquiring mobile robot vendor AutoGuide for $165m. This announcement comes 18 months after it acquired AMR vendor...
Bleak Global Manufacturing Outlook – Machine Tools Market on Crash Course
Sluggish economic activity in multiple major economies exacerbated by the US-Sino trade war, Brexit, and trade difficulties between Japan and South Korea is taking a...
Micro-Fulfilment Re-inventing Online Grocery Distribution
With the rapid growth of ecommerce and the consumer demands for next- and same-day delivery options, micro-fulfilment is gaining momentum as a feasible distribution strategy,...
Fleet Electrification: Who’s Leading the Charge?
Passenger electric vehicles attract much of the limelight; however, it’s likely that the commercial vehicle market will transition to electrification at a faster rate. This...