DUBLIN, October 2, 2017 /PRNewswire/ --
The "Global Integrated Drive Systems Market 2017-2021" report has been added to Research and Markets' offering.
The global integrated drive systems market to grow at a CAGR of 5.63% during the period 2017-2021.
Global Integrated Drive Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Growing awareness about the importance of integrated drive systems. Energy consumption is one of the major concerns for industrial and manufacturing facilities, as it leads to high operational costs. This has led to an increase in demand for energy- efficient products. Within manufacturing facilities, motors, gears, and compressors are some of the major components that consume the highest power. Integrated drive systems help in optimally utilizing the drive trains and components involved.
According to the report, one of the major drivers for this market is Integration of drive train functions has led to increase in demand. Integrated drive systems offer a solution to integrate components of a drive train, such as motors, gear units, and couplings, into a single system, which helps in improving efficiency. This will enable end-user industries to improve the production efficiency and save space within a workplace, as all the components are integrated into one system.
Further, the report states that one of the major factors hindering the growth of this market is High cost of integrated drive systems is restricting potential buyers. The cost of implementing integrated drive systems is high, as this includes integrating the components like drives, motors, and couplings, making it an expensive process. The installation of these systems will also lead to downtime, which affects the production and operation of the facility. These high investments costs are restricting many potential end-users from implementing integrated drive systems.
- Bosch Rexroth
- Schneider Electric
Other prominent vendors
- Integrated Drive Systems
- Mitsubishi Electric
- Rockwell Automation
- TQ Group
- Yaskawa Electric
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Solution
Part 07: Market Segmentation By End-User
Part 08: Geographical Segmentation
Part 09: Decision Framework
Part 10: Drivers And Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Key Vendor Analysis
Part 14: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/fstmdf/global_integrated
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SOURCE Research and Markets