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 is leading the world’s economic recovery. For the first quarter of 2021, the country’s National Bureau of Statistics posted record annual output growth...
The geared motors and heavy-duty industrial gears market was valued at $10.6bn in 2019. Following a -7% contraction in 2020, growth will quickly resume...
Suppliers are rebounding from COVID-19 but are not out of the woods yet Drives market revenues fell by 5-10% in 2020 as a result of...
The Southeast Asian economic powerhouse is driven by South Korea, Taiwan, Hong Kong, and Singapore. Behind these ‘Tiger’ economies, trot the ‘Tiger Cubs’ –...
In the latest quarterly update of the Manufacturing Industry Output Tracker (MIO), Interact Analysis has adjusted its mid-term forecasts, focussing on four key factors...
Predictive maintenance is fast becoming recognised as one of the more easily exploited applications of that popular but not always easily defined concept in...
Interact Analysis’s recent Manufacturing Industry Output (MIO) Tracker update puts the 2020 value of the food and beverage production sector at or near...
This March the US-based Association for Advanced Automation (A3) is running its annual trade show – Automate Forward – and conference as a virtual...
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