In 2021, the globalmarket for ultra-LV drives was
valued at $753 million, and this is set to grow to $3.1 billion by 2027. In 2022 alone, the AMR/AGV market accounted for 11% of ultra-LV drives market revenues and by 2027 this share is predicted to grow to 56%. This is largely the result of fast- paced adoption of mobile robots, particularly those that utilise an integrated motor and drive. Three main companies currently dominate the
market for ultra-LV drives, mainly with module type/decentralised drive types. Interroll, Insight Automation and Itoh Denki accounted for a
combined ~30% of total ultra-LV drives market share in 2021. All of these companies manufacture motor rollers used within roller conveyors, as well as manufacturing the drive that is used to control the motor. Blake Griffin, research manager at Interact
Analysis, said: “The Ultra-LV drives market is experiencing a period of exponential growth that is likely to continue for the next few years. The impact the AGV/AMR sector is having on the market is colossal and will change the supplier landscape dramatically over the coming years. In 2022, most vendors in the ultra-LV drives market registered double digit growth, with some reporting growth rates as high as 35%. We have estimated that revenue growth hit 24.2% in 2022 and unit
shipments grew at 19.7%, slightly lower than revenue growth due to price hikes in 2022.”
TheWITT device – which takes its name from ‘Whatever
Input to Torsion Transfer’ – accesses the six degrees of motion and turns that energy into electrical power to charge batteries. The concept can be particularly useful in harsh marine environments, where it can harness power from current, wind and waves and provide persistent power for remote applications. The partnership with RS is multi-layered and involves a blend of business
support, product sourcing, community action and training. The project is being led by RS’ ‘Innovation team’ – in conjunction with RS’ DesignSpark team. “RS is a fantastic partner for the development of our
product, in terms of component sourcing and its expertise and knowhow to help us bring our technology to market,” said Tim Williams, chief executive at WITT Energy. “Working with RS, our highly experienced engineering team is totally dedicated to getting the WITT unit deployed in many diverse marine
energy-harvesting applications for the betterment of our environment.”
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