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Ultra-low voltage motor, motor drive industry growth driven by mobile robotics, increased flexibility

Control Engineering

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.

Robotics 124
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Modest global manufacturing growth expected

Control Engineering

Manufacturing insights Manufacturing decline is now expected in 2024 rather than 2026. The Americas enjoyed a strong year for manufacturing growth in 2022, but labor shortages continue to hamper US manufacturers. Chinese manufacturing economy gets back on its feet after a turbulent period. In 2022, U.K.

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Ultra-low voltage motors market expected to have double-digit growth

Control Engineering

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. By 2027, the market will be worth almost $6.5 billion by 2027, growing at a compound annual growth rate (CAGR) of 12.6%

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Mobile robot shipments grow in 2022

Control Engineering

The mobile robot market (AGVs and AMRs) has enjoyed strong growth in 2022, driven by increasing e-commerce penetration, a lack of labor and on-going shifts to more flexible manufacturing. 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.

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Global manufacturing output to grow only 0.3% in 2024

Control Engineering

Global manufacturing insights Europe still buffeted by the economic storm, with Germany’s manufacturing economy set to shrink by 1.4% Manufacturing growth in the U.S. Between 2023 and 2028, machinery production (as a sub-sector of manufacturing) is expected to grow faster than the manufacturing sector overall.

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Ultra low-voltage motor and drive architectures are gaining traction

Control Engineering

Since the system is within a “safe” voltage range, it can be maintained by a less skilled technician without risk of electrocution – something that carries a premium in today’s manufacturing landscape. Manufacturers are struggling to find labor skilled enough to efficiently perform the necessary maintenance on crucial equipment.

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Global robot market growth projected to be steady

Control Engineering

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%