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Interact Analysis: Smart conveyance technology market is projected to be $1.1B by 2029

Automation Mag

percent between 2024 and 2029, with $1.1 billion in sales projected for 2029. percent forecast from 2023 to 2029. By 2029, the market size is projected to be worth more than $80 million, notes the firm. percent in 2024 due to sluggish machinery production and reduced investment in the battery sector. percent in 2024.

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Only 16% of manufacturers has real-time visibility into production, says Zebra

Robotics Business Review

The report also found that 61% of manufacturers expect artificial intelligence to drive growth by 2029, up from 41% in 2024. They included automotive, electronics, food and beverage, pharmaceuticals, and medical devices. Zebra commissioned Azure Knowledge Corp.

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Interact Analysis identifies opportunities for motion control and robotics

Robotics Business Review

By 2029, sales of linear systems could exceed $1.1 Since the research firm began tracking smart conveyance market data in 2020, the food , pharmaceutical , and general packaging industries were the main application markets for such conveyance systems. billion, nearly five times the market size in 2020, according to Interact Analysis.