Press Releases

Press Releases

Cobot Market to account for 30% of Total Robot Market by 2027 – Interact Analysis

London, UK (December 5, 2019) – Interact Analysis has released a new market report – The Collaborative Robot Market – 2019 – which indicates strong and sustained growth for the collaborative robot industry.  In 2018, global revenues from cobot production exceeded $550 million. This was almost a 60% increase over 2017; and over 19,000 cobots were shipped.

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Motion Control Market to Exceed $15bn by 2023 – Interact Analysis

London, UK (November 19, 2019) – Interact Analysis has released a new market report – Motion Controls – 2019 – pointing to strong growth over the next four years for motion control products. Despite a small decline in 2019 (-3.8%) the report outlines how the market for motion control products will grow strongly, ultimately exceeding $15bn in 2023.

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Motor drives are increasingly viewed as the front lines of predictive maintenance, and as an enabler of IoT – says Interact Analysis

London, UK (November 7, 2019) – Interact Analysis has released a new market report – The Low Voltage AC Motor Drives Market – 2019 – which allows users to view demand for drives at an unprecedented level of detail.  The research shows that growth in the intralogistics and materials handling sector has led to increased demand for decentralised and motor mounted drives, leading them to show the strongest growth over the five-year forecast period out of all seven product types covered.

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Order Fulfilment Mobile Robots Start to Deliver, says Interact Analysis

London, UK (September 3, 2019) – Interact Analysis has conducted new research showing huge potential growth in the importance of autonomous mobile robots (AMRs), specifically in order fulfilment applications.

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Warehouse Automation Growing, But For How Long?

London, UK (August 15, 2019) – During the past few years, the warehouse automation market has seen double-digit growth rates driven, in part, by the rise of e-commerce and omni-channel retail. Growing consumer demand for faster and cheaper online delivery options has seen many retailers investing in warehouse automation to reduce order processing times and to cope with the increasingly complex network of distribution channels.

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Off-highway vehicles face electrification trend, says Interact Analysis

London, UK (July 19, 2019) – With Europe planning bans on diesel and petrol cars from 2025, followed by India from 2030 and China from 2040, the trend is clear. Ultimately, machine builders and engine manufacturers for vehicles such as bulldozers, excavators, loaders, tele-handlers, aerial work platforms and lift trucks will be forced to respond as internal combustion engines are phased out.

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Lithium-Ion battery market poised for strong growth in Europe; Asian players expected to open European factories

London, UK (July 15, 2019) – Europe will be the fastest growing market for lithium-ion batteries, according to new research from Interact Analysis – with Asian players expected to open local factories to meet demand. Meanwhile, energy storage is expected to be the fastest growing lithium-ion battery market sector.

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How will the PLC Market be Impacted by the Manufacturing Slowdown?

London, UK (Mar 12, 2019) – With the manufacturing sector facing a bleak outlook in 2019, we thought it prudent to share our projections for the growth and development of the programmable logic controller (PLCs) market in key countries and industries, calling out specific bright spots and those set to suffer more deeply.

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Robust UK Manufacturing Economy Challenged by Brexit Uncertainty

Austin, USA (Mar 4, 2019) – From a manufacturing perspective, there are two main risks that Brexit brings to bear: how much will it hurt the UK manufacturing economy, and to what extent will the export of UK manufactured goods be affected? Let’s address the second item first. The concern here is that post-Brexit, the UK’s ability to sell goods to the EU, its largest trading partner, could be compromised depending on the Brexit scenario enacted.

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Global Battery Electric Truck Market to Grow 20% in 2019

London, UK (Jan 16, 2019) – Despite the positive headlines, the global battery electric truck market contracted by 12% in 2018 owing to a decrease in demand from China. This was primarily due to a subsidy reduction of approximately $11,000, although the tit-for-tat trade war with the US and the looming threat of a Chinese economic slowdown may have also negatively influenced the market. Excluding China, however, the global battery electric truck market grew by a strong 63%.

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Mobile Robot Market Growth Accelerates in Q3 2018

London, UK (Jan 9, 2019) – Following a strong 1H, revenue growth from automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) accelerated in Q3 2018, with the industry expanding by more than 30% compared to the same quarter a year before. All major regions (Americas, APAC, EMEA) experienced growth in the quarter, but the Americas was highest overall.

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Infographic: Cobot Market Outlook – Research Findings

London, UK (Jan 7, 2019) – “Benefiting from a desire for ever-increasing automation in industry, collaborative robots have seen a recent spike in popularity. Further tied to the rising cost and lack of labour needed to complete menial and monotonous tasks, it is easy to foresee why cobots could become a relevant addition to the future workforce. But is this hype, or will cobots become a common-sight next to human workers? And how will they complement or affect the traditional industrial robot market?

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Infographic: Automotive – A key segment for Industrial Robots

Shanghai, China (July 24, 2018) – Automotive accounted for 11.3% of global manufacturing production in 2017, remaining as the largest end-industry for industrial robots and forecast to be the key segment over the next five years.

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Dematic was Largest Supplier of AGVs & AMRs in 2017

London, UK (July 3, 2018) – Analysis of 60 of the largest suppliers of automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) revealed that the leading vendor last year was Dematic, according to a recently released report from Interact Analysis

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Infographic: The Manufacturing Industry in 2018

Austin, USA (June 25, 2018) – The manufacturing landscape has changed dramatically over the last decade. To provide a window into this changing landscape we have developed an analysis of the sector, the likes of which does not exist. The Manufacturing Industry Outlook study comprises 11 years of historical manufacturing survey data from 34 of the world’s largest manufacturing economies, covering 16 industry verticals, and 19 machinery sectors

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Infographic: Mobile Robot 2022 Predictions

London, UK (May 18, 2018) – Automated Guided Vehicles (AGVs) have been around for decades, but recently demand for them and the newer, autonomous mobile robots (AMRs) has exploded. This market was worth just $1bn in 2017 but is forecast to hit $7bn in 2022 driven by increasing manufacturing automation, the growing e-commerce sector, mass personalization of goods and a shortage of low-cost labor.

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Mobile Robots in Logistics Centers to Surpass $3bn in 2022

London, UK (March 26, 2018) – Despite the market being worth just $300m in 2017, automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) used in logistics applications are forecast to enjoy massive growth in the next five years and grow ten-fold to exceed $3bn in 2022, according to a new report from Interact Analysis. The report revealed that more than 400,000 mobile robots are predicted to be installed by the end of 2022.

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Americas Commercial Vehicle Sales to Grow 10 Percent in 2018

London, UK (February 20, 2018) – A positive economic environment and a drive to replace ageing vehicles and expand fleets is forecast to drive the truck market across the Americas in 2018 and 2019, according to a new report from Interact Analysis. Close to 700,000 class 4-8 commercial vehicles are forecast to be sold across the region in 2018 – an increase of 10 percent over 2017.

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China’s Manufacturing Industry to Return to Double-Digit Growth

Shanghai, China (November 28, 2017) – China’s manufacturing sector is predicted to return to another double-digit growth cycle for the next two years, according to a new report from Interact Analysis. Following a two-year slump in the sector where manufacturing output dipped below 3 percent, growth is predicted to reach 15 percent in 2017 and settle at a double-digit pace until the end of the decade.

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More than 150,000 Commercial Drones to be Shipped in 2017

London, UK (September 26, 2017) – More than 150,000 commercial drones or UAVs (unmanned aerial vehicles) will be shipped in 2017 according to a new report from Interact Analysis.

The detailed research report found that commercial drone shipments are growing by 68 percent this year. Media and entertainment applications still hold the lion’s share and will consume 85 percent of this shipments; however, other industries including construction, building inspection and public safety are growing much quicker.

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Commercial Drone Market to Hit $15bn in 2022 – Interact Analysis

London, UK (August 22, 2017) – Global commercial unmanned aerial vehicle (UAV) revenues will reach $15bn in 2022, according to a new report from Interact Analysis.

UAVs or drones, which are currently best known for their use by the military are finding their way into countless commercial applications the research found. The industry is predicted to grow on average by 50% per year over the next five years, reaching $15bn in 2022, up from just $1.3bn in 2016.

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