Interact Analysis
Articles
Strong growth for global precision gears market expected in 2025
After a tough 2024, the precision gear market is expected to have 10% growth in 2025 with long-term growth expected.
Warehouse automation market valued at $7.2 billion in 2023
The warehouse software market is valued at $7.2 billion, and this is expected to soar to $16.6 billion by 2030.
Smart conveyance technology market value will triple by 2027
The smart conveyance technology market is enjoying strong growth and is expected to triple in value to more than $1 billion by 2027.
Chinese warehouse automation market projected to have double-digit growth in next 5 years
Interact Analysis projects the Chinese warehouse automation market will show strong growth over the next five years as companies look to optimize efficiency.
Warehouse construction recovery expected in 2024
After a downturn in 2023, warehouse construction is expected to rebound in 2024 and beyond according to Interact Analysis research.
Warehousing construction demand declines in 2023
Warehouse construction declined in North America and Europe in 2023 by 25%, but the slowdown is expected to be short-lived according to Interact Analysis.
Warehouse construction future down due to poor economic climate
Warehouses added to the global building stock in 2023 is down 35% compared with 2022 as companies are focusing more on automating current assets rather than building new ones.
Warehouse automation software market worth $6 billion by 2027
New research shows the warehouse automation software market was valued at $2.4 billion in 2021 and will grow with a CAGR of 16% through 2027.
Long-term growth expected for warehouse automation
After a slight decline in 2022, the warehouse automation industry is expected to return to a state of healthy growth in the mid- to long-term.
Industrial robot market worth over $11 billion in 2021
After a 2-year period of contraction, industrial robot shipments saw a year-on-year (YoY) increase of over 30% in 2021, according to new research published by Interact Analysis.