Market Reports

Global geared products market contracted 3.7% in 2024

Engineering Industry News

• Global revenues from geared products contracted by 3.7% in 2024• Decline driven by sluggish demand in APAC and over-stocking ...

A promising path to recovery: Growth forecast for global manufacturing in 2025, but challenges remain.

Engineering Industry News

The outlook for the global manufacturing industry looks uncertain in 2025, with political and economic events hampering growth. These include ...

global lithium-ion battery recycling equipment market decreased from around $1.7 billion in 2023 to approximately $1.5 billion in 2024

Engineering Industry News

According to market intelligence specialist, Interact Analysis. In 2024, the slowdown in the construction of lithium-ion battery recycling projects caused ...

2024 is worst year in a decade for motion controls, but brighter days to come

Engineering Industry News

• The global motion controls market contracted by -7.0% in revenue terms during 2024• A period of over-ordering in 2021 ...

Global machinery production declined -2.1% in 2024; 2025 expected to be much brighter

Engineering Industry News

• The global machinery production output declined by -2.1% in 2024• Machinery production expected to take a turn halfway through ...

Report reveals West Yorkshire manufacturers are missing out on a vital boost in productivity

Engineering Industry News

Manufacturing SMEs in West Yorkshire are missing out on a boost in productivity thanks to a lack of knowledge in ...

ITSA UK connector market Year End 2024, Members report sales 4% down over 2023.

Engineering Industry News

Orders were positive with BtoB at 1.05:1, due to the high order intake in Q4. Headline performances: –• Revenues down ...

According to market intelligence firm, Interact Analysis, the global motion control market declined by 6.9% in 2024, equating to a loss of over $900 million.

Engineering Industry News

Posting revenues of $12.3 billion during 2024, this loss follows a period of unprecedented growth. While this decline has had ...

Industrial Robot Forecast Update: Wide Variations Across Robot Types, Regions and Industries

Engineering Industry News

The industrial robot market is facing a mixed picture over the coming years, with 2024 set to end on a ...

Manufacturing industry recovery forecast for 2025, but slowdown is ‘sticky’

Engineering Industry News

• Manufacturing industry output will start to recover in 2025, albeit slowly• 2024 has been particularly difficult for traditional market ...

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