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Integrated Drive System Market Report: Trends, Forecast and Competitive Analysis to 2030

September 2023 | 150 pages | ID: I6EA00E98E48EN
Lucintel

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Integrated Drive System Market Trends and Forecast

The future of the global integrated drive system market looks promising with opportunities in the food & beverage, automotive, oil & gas, machine building, water and wastewater management, chemical, and pulp and paper markets. The global integrated drive system market is expected to reach an estimated $61.9 billion by 2030 with a CAGR of 6.7% from 2024 to 2030. The major driver for this market is the growing demand for automation technology in manufacturing plants and increasing adoption of energy-efficient international standards and integrated drive systems across the globe.

A more than 150-page report is developed to help in your business decisions.

Integrated Drive System Market by Segment

The study includes trends and forecast for the global integrated drive system market by product type, communication protocol, application, and region.

Integrated Drive System Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
  • Software
  • Hardware
  • Service
Integrated Drive System Market by Communication Protocol [Shipment Analysis by Value from 2018 to 2030]:
  • Industrial Ethernet
  • Wireless
  • Fieldbus
Integrated Drive System Market by Application [Shipment Analysis by Value from 2018 to 2030]:
  • Food & Beverages
  • Automotive
  • Oil & Gas
  • Machine Building
  • Water and Wastewater Management
  • Chemical
  • Pulp and paper
  • Others
Integrated Drive System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World
List of Integrated Drive System Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies integrated drive system companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the integrated drive system companies profiled in this report include-
  • ABB
  • Bosch Rexroth
  • Emerson Electric Company
  • Mitsubishi Electric Corporation
  • Rockwell Automation
  • Schneider Electric
  • Siemens
  • Tq Group
  • Yaskawa Electric Corporation
Integrated Drive System Market Insights

Lucintel forecasts that software segment is expected to witness the highest growth over the forecast period.

Within this market, water and wastewater management will remain the largest segment.

APAC is expected to witness the highest growth over the forecast period.

Features of the Global Integrated Drive System Market

Market Size Estimates: Integrated drive system market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Integrated drive system market size by product type, communication protocol, application, and region in terms of value ($B).

Regional Analysis: Integrated drive system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, communication protocols, applications, and regions for the integrated drive system market Market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the integrated drive system market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the integrated drive system market size?

Answer: The global integrated drive system market is expected to reach an estimated $61.88 billion by 2030.

Q.2 What is the growth forecast for integrated drive system market?

Answer: The global integrated drive system market is expected to grow with a CAGR of 6.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the integrated drive system market?

Answer: The major driver for this market is the growing demand for automation technology in manufacturing plants and increasing adoption of energy-efficient international standards and integrated drive systems across the globe.

Q4. What are the major segments for integrated drive system market?

Answer: The ffuture of the global integrated drive system market looks promising with opportunities in the food & beverage, automotive, oil & gas, machine building, water and wastewater management, chemical, and pulp and paper markets.

Q5. Who are the key integrated drive system companies?

Answer: Some of the key integrated drive system companies are as follows:
  • ABB
  • Bosch Rexroth
  • Emerson Electric Company
  • Mitsubishi Electric Corporation
  • Rockwell Automation
  • Schneider Electric
  • Siemens
  • TQ Group
  • Yaskawa Electric Corporation
Q6. Which integrated drive system market segment will be the largest in future?

Answer: Lucintel forecasts that software segment is expected to witness the highest growth over the forecast period.

Q7. In integrated drive system market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness the highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the integrated drive system market by product type (software, hardware, and services), communication protocol (industrial ethernet, wireless, and fieldbus), application (food & beverages, automotive, oil & gas, machine building, water and wastewater management, chemical, pulp and paper, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to integrated drive system market or related to integrated drive system companies, integrated drive system market size, integrated drive system market share, integrated drive system market growth, integrated drive system market research, write Lucintel analyst at email: [email protected] we will be glad to get back to you soon.
1. EXECUTIVE SUMMARY

2. GLOBAL INTEGRATED DRIVE SYSTEM MARKET : MARKET DYNAMICS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030

3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Integrated Drive System Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Integrated Drive System Market by Product Type
  3.3.1: Software
  3.3.2: Hardware
  3.3.3: Service
3.4: Global Integrated Drive System Market by Communication Protocol
  3.4.1: Industrial Ethernet
  3.4.2: Wireless
  3.4.3: Fieldbus
3.5: Global Integrated Drive System Market by Application
  3.5.1: Food & Beverages
  3.5.2: Automotive
  3.5.3: Oil & Gas
  3.5.4: Machine Building
  3.5.5: Water and Wastewater Management
  3.5.6: Chemical
  3.5.6: Paper and Pulp
  3.5.6: Others

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030

4.1: Global Integrated Drive System Market by Region
4.2: North American Integrated Drive System Market
  4.2.1: North American Integrated Drive System Market by Product Type: Software, Hardware, and Services
  4.2.2: North American Integrated Drive System Market by Application: Food & Beverages, Automotive, Oil & Gas, Machine Building, Water and Wastewater Management, Chemical, Pulp and Paper, and Others
4.3: European Integrated Drive System Market
  4.3.1: European Integrated Drive System Market by Product Type: Software, Hardware, and Services
  4.3.2: European Integrated Drive System Market by Application: Food & Beverages, Automotive, Oil & Gas, Machine Building, Water and Wastewater Management, Chemical, Pulp and Paper, and Others
4.4: APAC Integrated Drive System Market
  4.4.1: APAC Integrated Drive System Market by Product Type: Software, Hardware, and Services
  4.4.2: APAC Integrated Drive System Market by Application: Food & Beverages, Automotive, Oil & Gas, Machine Building, Water and Wastewater Management, Chemical, Pulp and Paper, and Others
4.5: ROW Integrated Drive System Market
  4.5.1: ROW Integrated Drive System Market by Product Type: Software, Hardware, and Services
  4.5.2: ROW Integrated Drive System Market by Application: Food & Beverages, Automotive, Oil & Gas, Machine Building, Water and Wastewater Management, Chemical, Pulp and Paper, and Others

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Integrated Drive System Market by Product Type
  6.1.2: Growth Opportunities for the Global Integrated Drive System Market by Communication Protocol
  6.1.3: Growth Opportunities for the Global Integrated Drive System Market by Application
  6.1.4: Growth Opportunities for the Global Integrated Drive System Market by Region
6.2: Emerging Trends in the Global Integrated Drive System Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Integrated Drive System Market
  6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Integrated Drive System Market
  6.3.4: Certification and Licensing

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: ABB
7.2: Bosch Rexroth
7.3: Emerson Electric Company
7.4: Mitsubishi Electric Corporation
7.5: Rockwell Automation
7.6: Schneider Electric
7.7: Siemens
7.8: TQ Group
7.9: Yaskawa Electric Corporation


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