Market Research Analysis Integrated Drive Systems Market 2025 - Report | Page 2

production time on the shop floor literally by half. Lifestyle Integration integrates services viz: maintenance with
software. Integrated drive systems reduces the maintenance cost systems by at least 25%. Segmentation by Offering
comprises Hardware, Software, and services. Hardware is further broken down into converters, couplings, geared
motors and motors, and others. By communication protocol, the market size spans field bus, industrial Ethernet, and
wireless internet.
By industry, the integrated drive systems market size spans automotive and transportation, food and beverages,
chemical, oil and gas, pulp and paper, pharmaceutical, machine building, water and wastewater management, and
others. By geography, market size constitutes North America, Europe, Asia Pacific, MEA, and Latin America. Hardware
component is anticipated to lead the integrated drive systems market in the forecast period. Drive systems are key
components in the automation industry and efficiency and cost-competiveness are valuable takeaways.
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Integrated drive systems market market for industrial wastewater and water management is expected to lead the
market size in the forecast period because of scarcity of water and receding groundwater levels. Asia Pacific is expected
to dominate the market size for forecast period due to need-based energy-efficient production processes integrated
seamlessly with software systems. With a shorter time to market and reliability gains due to single seamless
commissioning and diagnosis tool for both automation and parent drive system, efficient engineering of whole system
by the help of TIA Portal and perfect integration with SINAMICS portal helps in reduced engineering cost and does not
bog you down.
The market boosters for the application are that with three levels of effortless integrated automation solutions across
hardware such as compressors, fan and pumps; the information flow is proper via ubiquitous Twisted pair (TP) Ethernet
cables in the last mile from shop floor level to company supervisory level; thanks to Cloud connectivity and Industrial
internet of Things (IIoT).
Advantages of a totally integrated package is that more productivity, engineering, and more efficiency with high degree
of profitability is professed from all corners. The key stakeholders include raw material suppliers, semiconductor device
manufacturers, original equipment manufacturers (OEM’s), Component and device suppliers and manufacturers,
automotive manufacturers, software technology providers, standardization and testing firms, government bodies such
as regulatory authorities and policy makers, alliances, forums, organizations and associations
As an article dated Nov 2016 suggests, autonomous vehicle market size is fast charting unknown territories right from
Alphabet’s Inc,’s Google to Uber technologies and Tesla Motors and vying for reshaping U.S. arterial road and intercity
traffic with autonomous vehicles. System etched on a chip will be developed jointly by Mobileye and Delphi Systems.
The key industry players include Northland resources AB, British Steel Corp, Nippon Steel Corp, Camlock Motion
Control Ltd, BCS motion, and Gefran.