Monday, 5 February 2018

Integrated Drive Systems Market Future Insights, Capacity by Shares and Key Players Forecast by 2022


Integrating technology with industrial automation has its own set of advantages and drives comprising low voltage A/C drives, D.C drives. Servo drives and industrial motors (low voltage-high torque) are no exception. Integrated System Market takes charge with horizontal, vertical, and lifestyle integration. Horizontal Integration via internal expansion has a diversified portfolio such as frequency converters, motors, couplings, and gear units under its umbrella.

Integrated system 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.

Vertical Integration into automation by connecting from controller to MES (Manufacturing Execution System) via Totally Integration Automation (TIA) is an integral component of vertical integration. Vertical integration helps you cut 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 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 drive systems market size in the forecast period. Drive systems are key components in the automation industry and efficiency and cost-competiveness are valuable takeaways.

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.

No comments:

Post a Comment

Respiratory Protective Equipment Industry Snapshot, Revenue and Application and Analysis Forecast 2022

11 July 2019: Global Respiratory Protective Equipment (RPE) Market is expected to reach USD 8.53 billion by 2022. Respiratory Protective ...