Market Reports

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 ...

The ITSA update for November 2024 despite an overall downturn, members remain cautiously optimistic for 2025 

Engineering Industry News

UK Connector business flattens In Q3 2024, ITSA members reported a significant slowdown, with revenues down 4% year-on-year and orders ...

Steady growth forecast for machine-integrated robots as partnerships develop

Engineering Industry News

by Interact Analysis, Research Analyst at global market intelligence firm, Interact Analysis. The market for machine-integrated robots is gaining momentum, ...

10% growth for global precision gears market in 2025 after recent slump

Engineering Industry News

London, 26th July 2024 – The landscape of the global precision gearbox and geared motor market is undergoing significant transformation ...

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