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The market for high-efficiency motors (>IE4 or equivalent) continues to grow at a faster pace than the broader low voltage AC motor market. Through 2030, Interact Analysis is expecting the market to nearly double from its 2025 value of $1.7 billion.

Heading into 2026 it will be important to evaluate how exposed your supply chain is to a shortage of rare earth material.

What looked to be a recovery year for industrial automation suppliers following a down market in 2024 no longer looks certain.

As we approach 2024, the market is poised to continue this deceleration, moving further away from the double-digit growth experienced during 2021 and 2022.

During mid-November, Siemens announced its intention to separate out a three-billion euro motor and drives business into an independent entity.

As electric vehicle production continues to grow, so does the associated demand for the electric steel used in the motors to power them.

The war that Russia has waged on Ukraine has rocked global commodity markets. While oil & gas supply disruption and the resulting increase in price continue to dominate headlines, there are a number of other key materials exported by Russia and Ukraine which have been equally disrupted.

The variable speed drive market is back on track, with 7.7% growth predicted for 2021. Interact Analysis' latest market research offers insight into three important trends influencing the drives market: functional safety, predictive maintenance and efficiency regulations.

The performance of the LV drives market is closely tied to overall global manufacturing output. In "normal" economic crises, manufacturing tends to endure a sharp contraction, followed by a strong rebound before plateauing. But the COVID-19 crisis has gone very differently. Slow vaccine uptake, labor shortages and supply chain disruptions are all coming together to cause a much slower recovery in the manufacturing sector, and therefore in the LV drives sector, than might have been expected.

Predictive maintenance is fast becoming recognized as one of the more easily exploited applications of that popular but not always easily defined concept in industry–digitalization. One aspect of digitalization, however, stands out as worthy of swift and serious consideration: predictive maintenance.

Amazon announced a suite of new AWS machine learning services. To many, this announcement appeared to be Amazon’s launching off point towards being a major supplier of predictive maintenance solutions. However, this announcement follows a long history of Amazon carving out its capabilities in industrial digitalization.

Decentralization is becoming favorable across a range of industries and applications.