Interact Analysis report shows global uptake of electric tractors set to be low | Queensland Country Life
Uptake of battery electric tractors is set to be slow globally as a result of high upfront costs...
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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.