(MENAFN- iCrowdNewsWire) Sep 16, 2019
Integrated drive system is a combination of variable frequency drives, mechanical, electrical and other coupling component into a complete coordinated of automated system. Integrated drive system helps to detect faults and prevent system failure. The integrated drive system has various application in various industries in the market. The market for integrated drive system is expected to rise due to emerging need of having competitive advantage in market.
The growing market of integrated drive system is driven by factors like changes in terms of manufacturing technology, technical advancement, need to achieve enhanced efficiency and productivity. However, high cost of investment and maintenance is hampering the growth of integrated drive system market. The market for integrated drive system going to escalate with rise in adoption of automation in various industries.
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Some of The Major Players In Global Market:
1. ABB Ltd.
2. Bosch Rexroth AG
3. Emerson Electric Co.
4. Integrated Drive Systems
5. Mitsubishi Electric Corporations
6. Rockwell Automation, Inc.
7. Schneider Electric
8. Siemens AG
9. TQ Group GmbH
10. Yaskawa Electric Corporation
The global integrated drive system market is segmented on the basis of offering, communication protocol, and industry. Based on offering, the market is hardware, software and service, further hardware is bifurcated into converters, motors, geared motors, couplings, gear units and others. On the basis of communication protocol the market is sub-segmented into fieldbus, industrial Ethernet and wireless. Similarly, based on industry the market is segmented into automotive and transportation, food and beverages, chemical, oil and gas, pulp and paper, pharmaceutical, machine building, water and wastewater management, and others
The Integrated Drive System Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 2027, considering 2018 as the base year and 2018 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reasons to Buy the Report :
- Learn about the driving factors, affecting the market growth.
- Imbibe the advancements and progress in the market during the forecast period.
- Understand where the market opportunities lies.
- Compare and evaluate various options affecting the market.
- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market.
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