Interact Analysis: most Western warehouse automation vendors fail in the Chinese market
Reasons include cost, terminology, government subsidies, and a shift from fixed to mobile automation
Source: dcvelocity.com
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Low-voltage ac motor market to see minor contraction
The low-voltage ac motor market is expected to contract slightly in 2024, but will grow again in 2025 according to Interact Analysis.
Source: controleng.com
AI, cobots, IT/OT convergence, logistics: Four trends in automation in 2024
In 2023, the emergence of AI technologies, such as generative AI, captured global attention and dominated headlines. However, the adoption of generative AI for businesses is still in its early stages, and questions around how best to harness this technology remain at the forefront of many minds.
Source: elektroniknet.de
Manufacturers Grapple with AI and Robotics
AI is changing the work of manufacturing office workers before it changes production. Yet AI is likely to begin making a difference on the factory floor in 2024.
Source: packagingdigest.com
Slowdown anticipated for geared products market
Interact Analysis’ research found many gearbox suppliers observed a slowdown in 2023 and is expected to continue in 2024.
Source: controleng.com