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August News in Brief

01 August, 2011

♦  The Chinese market for low-voltage AC motors will nearly triple in size to reach $7.9bn by 2016, says a new report from IMS Research. Unit shipments will grow annually at double-digit rates to reach $22.6m by 2016. IE1 motors will account for more than 60% of revenues until 2013, but by 2016, IE2 sales will represent 75% of China’s LV AC motor revenues. The fastest-growing segment will be permanent magnet motors, with a CAGR of nearly 80% from 2010 to 2016.

♦  Sales of robotic components such as servos, motors and actuators are growing faster than the overall robot market, due to the increasing complexity of robots, says the US market analyst ABI Research. In a new report, it predicts that by 2016, robotic component revenues will be worth more than $2.36bn (more than 10% of the total robotics market).

♦  The Finnish drives manufacturer Vacon has signed a three-year agreement to supply US-based Bristol Compressors International with custom-designed AC drives for its Benchmark VStar variable-speed compressors, which are said to represent a technical leap-forward in efficiency and noise reduction.

♦  General Electric has acquired New Zealand-based Commtest, which produces machinery health information systems based on vibration monitoring and analysis. Commtest’s products will be incorporated into GE’s Bently Nevada condition monitoring portfolio, boosting its portable vibration data collection and analysis capabilities.

♦  The global high-power AC drives market rebounded in 2010, and will continue to experience strong growth in the period to 2015, says a new report from the ARC Advisory Group. Emerging economies, including China, India, Brazil and Russia, drove the growth last year and will continue to do so in coming years.

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