Market Overview:
The global integrated drive system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable systems across various industries. Additionally, the growing trend of Industry 4.0 is also expected to fuel the growth of this market in the coming years. The industrial Ethernet segment is projected to lead the global integrated drive system market during the forecast period from 2018 to 2030, owing to its high efficiency and reliability as compared with other types of drives systems available in the market.
Product Definition:
An integrated drive system is a type of electromechanical system that coordinates the motion of several actuators to achieve a desired output. The coordinated motion can be used for tasks such as moving an object or controlling the position of something else. The importance of integrated drive systems is that they allow for more complex and controllable motions than could be achieved with individual actuators working independently.
Industrial Ethernet:
Industrial Ethernet is a data communications protocol used in the industrial sector. It is also known as Artillery Ethernet, named after the first developer of the standard, Artillery Enterprises. The growth factor for this market includes increasing adoption of IP-based machine to machine technology and wireless sensor networks due to cost effectiveness and ease of usage offered by these technologies. In addition, growing demand for high bandwidth with low latency communication owing to fast processing speed will fuel market growth over the forecast period.
Wireless:
The integrated drive system (IDS) is the combination of electronic and mechanical systems that work together to provide smooth functioning of any machine. The IDS market includes wireless technologies such as Radio Frequency Identification (RFID), near field communication, and Bluetooth which are used in various applications such as inventory management, automated material handling, retail store automation among others.
Application Insights:
The food and beverages segment accounted for the largest revenue share in 2016. The use of integrated drive systems in the food and beverage industry has been growing significantly owing to its ability to improve overall plant operations, from harvesting to processing, transportation and storage. It also helps manufacturers meet rising consumer demand with increased production output while reducing costs associated with labor, energy consumption and material handling.
IDSys finds wide application across water & wastewater management as it provides solutions that help automate processes such as data collection from sensors installed at pumping stations or treatment plants along with control functions for operating the equipment more efficiently. Furthermore, they are used across oil & gas applications due to their ability to monitor field conditions remotely through wireless connectivity along with providing solutions that enhance safety by monitoring critical fields or wells for leaks or other issues before they become an emergency situation resulting in saving both time and resources during emergencies situations which is a key factor driving their demand across these industries worldwide.
Regional Analysis:
The market in Europe accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing investments and favorable government initiatives. For instance, according to a white paper on smart manufacturing by Germany's Federal Ministry of Education and Research (BMBF), digitization has penetrated into all industrial sectors including metalworking, chemical processing, food processing, textiles and fabrics production among others. This penetration has led to an increase in data volumes up 30-fold compared with 2010 which have increased demand for efficient data handling solutions such as integrated drive systems that can reduce costs while improving productivity.
Asia Pacific is anticipated to be one of the fastest growing regions during the forecast period owing high growth rate of end-use industries such as automotive & transportation; oil & gas; machine building; construction equipment etc., especially in developing countries such as China and India among others.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising demand for energy-efficient systems
- Growing trend of vehicle electrification
- Proliferation of advanced technologies
- Stringent government regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Drive System Market Research Report
By Type
Industrial Ethernet, Wireless, Fieldbus
By Application
Food & Beverages, Automotive, Oil & Gas, Machine Building, Water and Wastewater Management, Chemical, Pulp and paper, Pharmaceutical, Others
By Companies
Yaskawa Electric, ABB, Siemens, Integrated Drive Systems, Emerson Electric, Schneider Electric, TQ, Mitsubishi Electric, Bosch Rexroth
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Integrated Drive System Market Report Segments:
The global Integrated Drive System market is segmented on the basis of:
Types
Industrial Ethernet, Wireless, Fieldbus
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages, Automotive, Oil & Gas, Machine Building, Water and Wastewater Management, Chemical, Pulp and paper, Pharmaceutical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Yaskawa Electric
- ABB
- Siemens
- Integrated Drive Systems
- Emerson Electric
- Schneider Electric
- TQ
- Mitsubishi Electric
- Bosch Rexroth
Highlights of The Integrated Drive System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Ethernet
- Wireless
- Fieldbus
- By Application:
- Food & Beverages
- Automotive
- Oil & Gas
- Machine Building
- Water and Wastewater Management
- Chemical
- Pulp and paper
- Pharmaceutical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Integrated Drive System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Integrated Drive System (IDS) is a term used to describe the combination of hardware and software that work together to provide an efficient, reliable, and secure data storage solution. IDS can include components such as disk drives, controllers, firmware/software applications, backup software/services and more.
Some of the major players in the integrated drive system market are Yaskawa Electric, ABB, Siemens, Integrated Drive Systems, Emerson Electric, Schneider Electric, TQ, Mitsubishi Electric, Bosch Rexroth.
The integrated drive system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Integrated Drive System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Integrated Drive System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Integrated Drive System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Integrated Drive System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Integrated Drive System Market Size & Forecast, 2018-2028
4.5.1 Integrated Drive System Market Size and Y-o-Y Growth
4.5.2 Integrated Drive System Market Absolute $ Opportunity
Chapter 5 Global Integrated Drive System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Integrated Drive System Market Size Forecast by Type
5.2.1 Industrial Ethernet
5.2.2 Wireless
5.2.3 Fieldbus
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Integrated Drive System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Integrated Drive System Market Size Forecast by Applications
6.2.1 Food & Beverages
6.2.2 Automotive
6.2.3 Oil & Gas
6.2.4 Machine Building
6.2.5 Water and Wastewater Management
6.2.6 Chemical
6.2.7 Pulp and paper
6.2.8 Pharmaceutical
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Integrated Drive System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Integrated Drive System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Integrated Drive System Analysis and Forecast
9.1 Introduction
9.2 North America Integrated Drive System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Integrated Drive System Market Size Forecast by Type
9.6.1 Industrial Ethernet
9.6.2 Wireless
9.6.3 Fieldbus
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Integrated Drive System Market Size Forecast by Applications
9.10.1 Food & Beverages
9.10.2 Automotive
9.10.3 Oil & Gas
9.10.4 Machine Building
9.10.5 Water and Wastewater Management
9.10.6 Chemical
9.10.7 Pulp and paper
9.10.8 Pharmaceutical
9.10.9 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Integrated Drive System Analysis and Forecast
10.1 Introduction
10.2 Europe Integrated Drive System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Integrated Drive System Market Size Forecast by Type
10.6.1 Industrial Ethernet
10.6.2 Wireless
10.6.3 Fieldbus
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Integrated Drive System Market Size Forecast by Applications
10.10.1 Food & Beverages
10.10.2 Automotive
10.10.3 Oil & Gas
10.10.4 Machine Building
10.10.5 Water and Wastewater Management
10.10.6 Chemical
10.10.7 Pulp and paper
10.10.8 Pharmaceutical
10.10.9 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Integrated Drive System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Integrated Drive System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Integrated Drive System Market Size Forecast by Type
11.6.1 Industrial Ethernet
11.6.2 Wireless
11.6.3 Fieldbus
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Integrated Drive System Market Size Forecast by Applications
11.10.1 Food & Beverages
11.10.2 Automotive
11.10.3 Oil & Gas
11.10.4 Machine Building
11.10.5 Water and Wastewater Management
11.10.6 Chemical
11.10.7 Pulp and paper
11.10.8 Pharmaceutical
11.10.9 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Integrated Drive System Analysis and Forecast
12.1 Introduction
12.2 Latin America Integrated Drive System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Integrated Drive System Market Size Forecast by Type
12.6.1 Industrial Ethernet
12.6.2 Wireless
12.6.3 Fieldbus
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Integrated Drive System Market Size Forecast by Applications
12.10.1 Food & Beverages
12.10.2 Automotive
12.10.3 Oil & Gas
12.10.4 Machine Building
12.10.5 Water and Wastewater Management
12.10.6 Chemical
12.10.7 Pulp and paper
12.10.8 Pharmaceutical
12.10.9 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Integrated Drive System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Integrated Drive System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Integrated Drive System Market Size Forecast by Type
13.6.1 Industrial Ethernet
13.6.2 Wireless
13.6.3 Fieldbus
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Integrated Drive System Market Size Forecast by Applications
13.10.1 Food & Beverages
13.10.2 Automotive
13.10.3 Oil & Gas
13.10.4 Machine Building
13.10.5 Water and Wastewater Management
13.10.6 Chemical
13.10.7 Pulp and paper
13.10.8 Pharmaceutical
13.10.9 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Integrated Drive System Market: Competitive Dashboard
14.2 Global Integrated Drive System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yaskawa Electric
14.3.2 ABB
14.3.3 Siemens
14.3.4 Integrated Drive Systems
14.3.5 Emerson Electric
14.3.6 Schneider Electric
14.3.7 TQ
14.3.8 Mitsubishi Electric
14.3.9 Bosch Rexroth
