Allied Market Research

Integrated Drive Systems Market Will Expand Due to Advancement of Technology in Industrial Automation as Per Report

 

Portland, OR -- (SBWIRE) -- 10/10/2017 -- 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 Integrated Drive Systems 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.

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Segmentation of Global Integrated Drive Systems Market:

By Type

-Field bus
-Industrial Ethernet
-Wireless

By End-User Industry

-Automotive & Transportation
-Chemical
-Oil & Gas
-Pharmaceutical
-Others

By Region

-North America
-U.S.
-Canada
-Mexico

-Europe
-UK
-Germany
-France
-Russia
-Rest of Europe

-Asia-Pacific
-China
-India
-Japan
-Australia
-Rest of Asia-Pacific

-LAMEA
-Latin America
-Middle East
-Africa

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Key Market Players Profiled In The Report:

-ABB Ltd.
-Bosch Rexroth AG
-Emerson Electric Co.
-Integrated Drive Systems LLC
-Mitsubishi Electric Corporations
-Rockwell Automation Inc.
-Schneider Electric
-Siemens AG
-TQ Group GmbH
-Yaskawa Electric Corporation