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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.

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New Opportunities for Motion Control

Gary Mintchell

By 2029, sales of linear systems are expected to exceed $1.1 Since Interact Analysis began tracking smart conveyance market data in 2020, the food, pharmaceutical and general packaging industries were the main application markets for smart conveyance systems until 2022. billion, nearly five times the market size in 2020.

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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.