News » World News Electric vehicle motor sales will hit $2.8bn by 2020
Global sales of motors used to drive electric and hybrid vehicles will grow from $965m in 2013 to more than $2.8bn by 2020, according to a new report from Navigant Research.
US bearings-maker acquires German ceramics specialist
The American bearings supplier New Hampshire Ball Bearings (NHBB) has acquired the German firm Cerobear, which specialises in producing bearings incorporating advanced ceramics.
NI expands motion controls tie-up with Kollmorgen
National Instruments is expanding its motion control collaboration with Kollmorgen to offer products including drives, motors, linear positioners, gearheads, cables and accessories. It says that the collaboration will simplify the design of sophisticated machinery and equipment.
26 tonnes of fake bearings are destroyed in Germany
The German bearings manufacturer Schaeffler has destroyed 26 tonnes of counterfeit bearings, valued at more than €1m, following raids on bearing distributors across Europe, including in Italy, Germany and the UK.
Singapore trains will be retrofitted with PM synchronous motors
The Singapore railway operator SMRT is refitting 66 commuter trains with permanent magnet synchronous motors (PMSMs) in a move that is expected to cut power consumption by 30%, reduce noise levels, and improve the operating efficiency of the trains.
Global sales of robots dipped slightly during 2012
Global sales of industrial robots during 2012 were the second-highest on record, according to the latest figures issued by the International federation of Robotics (IFR). More than 159,000 robots were sold worldwide – almost as high as the record figure of 165,000 achieved in 2011.
Industrial Internet ‘could be worth $1,700bn by 2020’
Expenditure on the Industrial Internet will soar from $20bn in 2012 to around $514bn by 2020, while the cumulative net value created by the Industrial Internet will amount to $1,700bn by 2020 – according to a pair of new reports from the Wikibon project, a global community dedicated to improving the adoption of technology through the sharing of free advisory knowledge.
Automation sales will surge by 6.2% in 2013 to hit $170bn
The global market for industrial automation equipment (IAE) will expand by 6.2% this year to reach around $170bn, helped in part by a manufacturing recovery in the first quarter, says a new report* from IMS Research, now part of IHS.
Melrose sells Marelli to the Carlyle Group for €212m
The UK-based engineering turnaround specialist Melrose Industries is selling its Italian motors and generators business, Marelli Motori, to the Carlyle Group for €212m in cash. The disposal is conditional on anti-trust approvals and is expected to complete in August 2013.
Ulrich Spiesshofer succeeds Joe Hogan as ABB’s CEO
ABB has announced that Ulrich Spiesshofer, currently head of its Discrete Automation and Motion (DM) division, will succeed Joe Hogan as chief executive officer on September 15, 2013. Hogan, who announced his resignation in May, will continue with ABB for some months as a senior advisor to the board.
Traction motor industry faces ‘a very nasty surprise’
A new market study has condemned manufacturers of electric traction motors as being “an industry structured for the past that is going to have a very nasty surprise when the future comes”.
Relays sales shrank in 2012, but will recover in 2013
After two years of double-digit growth, the global market for electromechanical and solid-state relays dropped by $125m (3.6%) last year to around $3.35bn, according to a new report from IMS Research, now part of IHS.
Vacon drives ‘saved a day of global electricity output in 2012’
The Finnish drives-maker Vacon estimates that its AC drives products saved their users about 50TWh last year – the equivalent of 20 hours of global electricity production, or the annual output from nine 700MW nuclear reactors, or the annual electricity consumption of about 11 million European homes.
Ethernet use in process automation will double in five years
The number of industrial Ethernet nodes used in the process sector could almost double between 2011 and 2016, as the technology challenges “traditional” fieldbuses in networking applications, says a new study from IMS Research, now part of IHS.
Siemens appoints new CEO for Motion Control business
Robert Neuhauser has been appointed CEO of Siemens’ Motion Control (MC) systems business, succeeding Uwe Frank, who is becoming CEO of Siemens’ Control Products & System business in its building technologies division in Switzerland.
