Remove 2027 Remove Automation Remove Discrete manufacturing
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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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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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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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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. of shipments by 2027 Maxon, Ametek and Minebea Mitsumi are currently the top three players in the ultra-low voltage motors market.

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Motion control market showing steady growth in 2023

Control Engineering

Research by Interact Analysis shows the motion controls market will return to steady growth following a period of high demand for consumer products in 2021/2022 which boosted investment in automation. Between 2022 and 2027 the global motion controls market will grow with a CAGR of 4.6%, increasing from $17.7 out to 2027.

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Global robot market growth projected to be steady

Control Engineering

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. The pandemic helped to fuel demand for the robotics industry as companies turn to automation as a way of alleviating labor shortages. unit shipment and 14.9% revenue growth.

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Geared products market to grow by 7.2% in 2022

Control Engineering

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.

Freight 52