MarketersMEDIA / Newsroom / Global Integrated Drive Systems Market is expected to reach $62.45 billion by 2027 growing at a CAGR 8.8% during 2018 to 2027.

Global Integrated Drive Systems Market is expected to reach $62.45 billion by 2027 growing at a CAGR 8.8% during 2018 to 2027.

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Some of the key players profiled in the Integrated Drive Systems Market include ABB, Yaskawa Electric, TQ Group, Siemens, Schneider Electric, Rockwell Automation, Mitsubishi Electric, Integrated Drive Systems, Emerson, Eaton, and Bosch Rexroth.

— Technological advancements in the automation, increased focus on efficiency, and reducing production cost are major factors driving the market growth. However, the requirement of high investments for the implementation and maintenance of solutions and devices is restraining market growth.

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Integrated drive systems consist of variable frequency drives, motor, and coupling components for preventing systems breakdown and error detection. The integration of these components results in integrated drive systems. The integrated drive systems have numerous applications in several end-user industries.

Based on the end-user, the automotive & transportation segment is likely to have a huge demand due to the rapid changes in terms of manufacturing technology, innovation, and technical advancements in the automotive industry.

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By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the high demand for faster and accurate motors and drives to achieve higher production output.

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Communication Protocols Covered:
• Wireless
• Industrial Ethernet
• Fieldbus

Products Covered:
• Services
• Software
• Hardware

Integration Types Covered:
• Horizontal
• Lifecycle
• Vertical

End Users Covered:
• Automotive & Transportation
• Machine Building
• Chemical
• Pharmaceutical
• Food & Beverages
• Oil & Gas
• Water & Wastewater Management
• Pulp & Paper

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.

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Contact Info:
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Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-integrated-drive-systems-market-is-expected-to-reach-6245-billion-by-2027-growing-at-a-cagr-88-during-2018-to-2027/88946758

Source: MarketersMedia

Release ID: 88946758

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