The most current, accurate and insightful predictive maintenance market size and forecast available globally
The methods for performing predictive maintenance are evolving rapidly, and the market for enabling technology is set to boom. By 2024, we expect the market for predictive maintenance in motor-driven systems to reach a valuation of $906.1M, posting a CAGR of 40.6% over our forecast period (2018-2024).
Manufacturing organizations would do well to understand these evolutions and adjust their strategies as necessary to ensure they’re seizing every opportunity. How does your business stack up?
China’s manufacturing sector has shown strong resilience to the unprecedented challenges it has faced. Whilst it has by no means emerged unscathed from the...
Motion control products are used in all industries, wherever precise, controlled movements are required. This diversity means that, while many industry sectors currently face...
If you’ve visited an industrial tradeshow in recent years, you will have surely seen the words IIoT, Industry 4.0, or industrial digitalization on nearly...
Industrial and commercial motor suppliers are at the helm of a major problem. Historically, vendors like ABB, WEG, Siemens, and Nidec have had minimal...
The industrial robot market is embarking on a new phase of development. Robot vendors are widening the scope of their offer, targeting new application...
As vehicle electrification continues to gain traction in the off-highway vehicle market, mobile hydraulic components and architectures will have to change to support electrified...
The past five years have been a roller-coaster ride for the industrial robot market. A market decline in 2019 was followed by disruption in...
Earlier this month we put a few guys on the ground at the Automate trade show in Detroit. As official research partner to the...
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