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billion by 2027, driven by demand from battery-driven applications and increased flexibility in manufacturing and logistics processes. Mobile robots are expected to account for a significant portion of the market by 2027. By 2027, the ultra-low voltage motor market will be worth almost $6.5 between 2022 and 2027.
billion by 2027 with a compound annual growth rate (CAGR) of 12.6%. of shipments by 2027 Maxon, Ametek and Minebea Mitsumi are currently the top three players in the ultra-low voltage motors market. of shipments by 2027 Maxon, Ametek and Minebea Mitsumi are currently the top three players in the ultra-low voltage motors market.
We forecast an installed base of over 4 million mobile robots by the end of 2027, 1.5 million of which will be installed in 2027 alone. Meanwhile, revenue growth will average 30-40% annually out to 2027. Logistics mobile robot revenues to exceed 1 million by 2027. billion by 2027 – up from just under $3 billion today.
Between 2022 and 2027 the global motion controls market will grow with a CAGR of 4.6%, increasing from $17.7 out to 2027. billion and reach $22 billion by 2027. Interest rates and high inflation will to continue to impact the demand for industrial automation and Japan is set to see the sharpest drop in growth.
By 2027, we expect the sale of ultra-low voltage drives to AGV/AMR applications to comprise approximately 55% of total market revenues. Over the next five years, ultra-low voltage drives sold to the AGV and AMRs sector are forecast to see a CAGR of 71%, making it the fastest growing sector covered within our report.
in 2022 thanks to long-term demand for industrial robots to be fueled by the electric vehicle (EV) manufacturing sector. Average selling prices of industrial robots will decrease by around 3% annually over the next 5 years and growth is expected to be 5 to 7% through 2027. Robotics insights Industrial robot revenues grew by 14.9%
from 2022 to 2027. Courtesy: Interact Analysis Growth driven by surge in collaborative robots and SCARA robots Demand for collaborative robots in industrial applications increased rapidly during the past two years and the momentum is expected to continue during our forecast period out to 2027. from 2022 to 2027.
Moving toward 2027, the Americas region is expected to grow at a revenue CAGR of 2.8% through to 2027. over the forecast period from 2022 to 2027, with growth slowing as pricing moderates and the trend towards decentralized drive solutions accelerates. Unit shipments are expected to contract by -4.1% Courtesy: Interact Analysis.
Regionally, APAC is expected to maintain its lead in the geared products market out to 2027 with a CAGR of 4.5%. The main driving forces behind this are the growing demand for industrial automation in emerging Asian countries, as well as increasing growth rates of manufacturing industries. over the period in question.
In 2023, China’s manufacturing output growth is set to increase by 3.7%. Between 2023 and 2027 moderate growth is expected to continue but the region will still suffer some of the effects of what is expected to happen globally in 2024. manufacturing shrank by 4.3% In the long term, between 2022 and 2027 the U.K.
Robotics insights The mobile robot component market is set to have a projected value of more than $7 billion by 2027 thanks to increased use in manufacturing and non-manufacturing industries. Brianna Jackson, a market research analyst for Interact Analysis, said the mobile robot industry is still quite young compared to others.
Out to 2027, shipments of collaborative robots in EMEA will decrease from 19.5% The logistics industry will also play an important role in this growth trajectory. As with all industries, the current economic landscape and the Ukraine-Russia war have had an impact on the collaborative robot market.
Overall, Interact Analysis has revised China’s manufacturing output forecast down by 0.2 to 3%, with predicted CAGR between 2022 and 2027 sitting at around 3.2%. Adrian Lloyd, CEO at Interact Analysis, said, “The global manufacturing economy is finally starting to see some evidence of stability. percentage points to 3.2%
By 2027, almost 30% of market revenues in EMEA regions will come from IE4 motors, in part because all 75kW and 200kW motors must be IE4 compliant in 2023. The majority of motors produced in the region are IE3 compliant and APAC looks set to be the largest market for lower efficiency motors out to 2027.
We are predicting year-on-year growth will remain below 10% in the medium-term with a shallow recession in 2024 and the growth rate failing to recover to 2022 levels out to 2027. trillion during 2022 to 2027. trillion during 2022 to 2027. manufacturing growth for the future. trillion to just under $6.8
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