Page 10 - Interact Analysis News Today

Uptake of battery electric tractors is set to be slow globally as a result of high upfront costs...

Interact Analysis reported the industrial robot component market will be worth $18 billion by 2027 with Asia leading the way.

Growth is coming from expansion at existing installations as well as new automation adoption.

Interact Analysis reports robot revenues and industry growth will remain steady over the next five years thanks to high demand.

Servo motors, servo drives, and precision gearboxes for industrial robots equaled over a third of the global industrial robot market sales.

The mobile robot component market is growing thanks to increased investments all over the world and technology improvements. See video.

The robotic picking market, which is still in the early stages of growth and development, is expected to grow to an almost $7 billion industry by 2030.

There were hordes of robots at ProMat 2023, but what are they doing for operations in terms of high-value applications, and how do they integrate to help material flow? To find out, we asked a few exhibitors about the top warehouse robotic apps and trends.

Packaging and processing companies increasingly use predictive maintenance to reduce downtime and cut maintenance costs.

Despite big challenges, smaller horsepower machines find a home on some U.S. farms.