Integrated drive systems constitute variable frequency drives, motor, and coupling components for preventing systems failure and fault detection. The integration of these components results in integrated drive systems. The integrated drive systems have numerous application in various end-user industries.
Factors such as rise in adoption of integrated drive systems in end-user industries and demand for efficient systems are expected to drive the growth of the market. Further, the advancement of technology in industrial automation is also expected to fuel the demand for integrated drive systems during the forecast period. However, the high investment and maintenance associated with these systems continue to hinder the growth of the market.
The global integrated drive market is segmented on the basis of by type, end-user industry, and geography. By type, the market is divided into fieldbus, industrial Ethernet, and wireless. By end-user industry, the market is classified into automotive & transportation, chemical, oil & gas, pharmaceutical, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in the report include ABB Ltd., Bosch Rexroth AG, Emerson Electric Co., Integrated Drive Systems, Mitsubishi Electric Corporations, Rockwell Automation, Inc., Schneider Electric, Siemens AG, TQ Group GmbH, and Yaskawa Electric Corporation.
- The study provides an in-depth analysis of the global integrated drive system market and current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities is provided.
- Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.
Integrated Drive Systems Market Key Segments:
- Industrial Ethernet
By End-User Industry
- Automotive & Transportation
- Oil & Gas
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
Key Market Players Profiled In The Report
- ABB Ltd.
- Bosch Rexroth AG
- Emerson Electric Co.
- Integrated Drive Systems
- Mitsubishi Electric Corporations
- Rockwell Automation, Inc.
- Schneider Electric
- Siemens AG
- TQ Group GmbH
- Yaskawa Electric Corporation